Grants Accountant

Grants Accountant

A Grant Accountant position oversees the financial administration of grants and contracts from award setup through award closeout and ensures compliance with all Federal, State, University and sponsor policies, procedures, and guidelines. This position works closely with the financial and administrative units throughout the university. In addition, the senior grant accountant provides training to new hires in the Office of Research and routinely contributes by providing presentations and training to current staff, both within the Office of Research and to other units as needed.

Essential Functions :

• Approve all sponsored transactions in accordance with the award terms and conditions, uniform guidance, and institutional policy. Transactions include the procurement of equipment, payroll expenses, and graduate student assistant nomination forms, sub-award budgeting, and travel expenses. Approval includes verification of available budget and correct object codes.
• Provide training to Office of Research staff and other units on financial compliance issues related to sponsored research on a routine basis.
• Train new employees in post-award management on NJIT policies, procedures and systems.
• Prepare and submit interim and final financial reports for sponsors, including cost share reports. Preparation of sponsor financial reports includes analysis of budgets, expenditures, encumbrances, and receivables.
• Verify accuracy of award setup, modifications, and budget information in Banner, including funding source, rates, and billing requirements.
• Resolve accounting issues including project over runs and accelerated spending.
• Track, manage, and validate cost share commitments are being met.
• Prepare awards for closeout in accordance with the sponsor terms and conditions.
• Provide training and guidance on compliance related matters to the research community.
• Provide support for various audit activities involving sponsored awards.
• Work on special projects as requested and perform other related duties as assigned.

Prerequisite Qualifications :

Preferred Qualifications :

Bargaining Unit : PSA

Range / Band : 24

Salary Information : In compliance with the NJ Pay Transparency Law, the negotiated annual salary range for this position is $66,844.56-$124,923.48 (USD). NJIT considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education / training, key skills, internal peer equity, as well as, market and organizational considerations when extending an offer. This pay range represents base pay only and excludes any additional items such as incentives, bonuses or other items.