SPONSORED PROGRAM ACCOUNTANT
Posting Number: SRGV8976
Number of Vacancies: 2
Location: Rio Grande Valley, Texas
Department: Grants and Contracts
FLSA: Exempt
Scope of Job:
Responsible for the fiscal management of externally funded sponsored projects, including project/account set up and closeout, maintaining and reconciling funds, and ensuring expenditures are allowable and appropriate.
Description of Duties:
- Performs compliance reviews and fund approvals of expenditure requests for assigned sponsored projects to determine allowability, allocability and appropriateness.
- Provides policy and procedure interpretation to University departments and prepares reports to federal and sponsoring agencies.
- Ensures budget adjustments are within sponsor guidelines.
- Prepares financial reports in timely and accurate manner.
- Requires understanding of effort reporting and cost sharing regulations.
- Prepares invoices and financial reports timely and submits to sponsors after examining expenditures for adherence to awards and institutional requirements.
- Advises sponsored program managers, investigators and staff in matters of compliance, procedures, project account status, termination dates, and fund balances.
- Interprets and administers rules, regulations, policies, and procedures by the University and external funding agencies.
- Provides guidance to sponsored program managers and staff regarding OMB Circulars A-21 and A-110.
- Conducts project account reconciliations, monitors Facilities and Administrative Cost (indirect cost recovery) calculations, and reviews and approves cost transfers.
- May assist Director with special projects and tasks involving financial reporting of sponsored project activities.
- Prepares, requests and posts federal funds drawdowns.
- Monitors and collects accounts receivables for sponsored projects.
- Prepares and maintains accounting records, ledgers and reports for assigned sponsored projects and reconciles account reports utilizing the University's accounting system.
- Prepares accounting journal entries to make adjustments and/or corrections to project accounts.
- May conduct training sessions in discipline area.
- Assists in providing schedules and reports to management
- Performs other duties as assigned.
Required Education: Bachelor’s degree in Business Administration, Accounting, or related field from an accredited university.
Required Experience: Two (2) years of governmental or fund accounting experience.
Preferred Experience: Experience in sponsored programs accounting, including preparing budgets. Working knowledge of contract and grant administration.
