Senior Grant Accountant

Position Details

Position Information

Position Title

Senior Grant Accountant

Requisition #

S01449P

FLSA

Exempt

Location

IIT-Mies Campus (MC), 10 West 35th St., Chicago

Department

Grant and Contract Accounting

GENERAL DESCRIPTION

The Senior Grant Accountant position is responsible for providing independent guidance and oversight to principal investigators and department administrators in regard to grant and contract policies and procedures, compliance and regulatory issues, and post-award administration. This individual must demonstrate an advanced knowledge and understanding of federal and non-federal regulations, guidelines, and policies covering grant and contract processes. This person must have a working knowledge of post award accounting and financial reporting, performing internal audits of grants and contracts to ensure compliance with university and funding agency requirements. The Senior Grant Accountant will play an integral role in the Grant and Contract Accounting training program; assisting principal investigators and departmental administrators in interpreting university and funding agency policies and guidelines to ensure financial compliance. This individual will be involved in the development of new post award policies and procedures.

Benefits

Our commitment to employee well-being is reflected in our competitive benefits package located here :

COMMUNICATIONS

Excellent interpersonal, verbal, mathematical and written communication skills. Ability to assist Principal Investigators and Administrators with questions on grants and contracts. Also must have the ability to effectively communicate terms & conditions, Grant and Contract Accounting policies as well as university policies.

CUSTOMER SERVICE

This individual will be a team player with strong interpersonal skills utilized in conducting business related to grants management, financial reporting, and audit of federal and non-federal funds.

Special Schedule Requirements

EEOC Statement

Illinois Institute of Technology is an EEO / Title VI / Title IX / Section 504 / ADA / ADEA employer that welcomes applications from individuals of all backgrounds who bring varied perspectives and experiences to the university community. The university provides equal employment opportunities regardless of race, color, national origin, sex, religion, age, veteran, or disability status, and any other protected class under applicable state and federal laws and regulations. All qualified applicants will receive equal consideration for employment.

Qualifications

Education & Experience

Bachelor's degree in Accounting preferred. This individual must demonstrate an advanced knowledge and understanding of federal and non-federal regulations, guidelines, and policies covering grant and contract processes.

Knowledge & Skills

A strong knowledge of the Banner Finance System is preferred.

Microsoft Office applications. Banner experience a plus.

SUPERVISION & BUDGET AUTHORITY

N / A

Physical Environment and Requirements

N / A

Certifications and Licenses

List any certifications or licenses that are either required or helpful in performing the job, designating whether required or preferred.

N / A

Key Responsibilities

Key Responsibility

Review and perform grant / contract fund set up based on award documents including : notice of award / agreement / contract / purchase order, budget detail, cost sharing, indirect cost rate, project start and end dates, agency regulations and guidelines and agency reporting requirements. Disseminate grant fund numbers and other relevant information to Principal Investigators and Administrators.

Percentage Of Time

20

Key Responsibility

Monitor and meet sponsor requirements for deadlines on invoicing and reporting; prepare invoices to collect funds as expeditiously as possible on non-letter of credit accounts; advise GCA Management of invoices which require more than routine follow-up. Prepare monthly, quarterly and annual financial reports required by sponsors.

Percentage Of Time

20

Key Responsibility

Reconcile and analyze all funds in preparation for billing / reporting and close-out, including cost sharing and indirect cost analysis. Prepare accounting entries as needed as well as project close-out entries. Responsible for timely resolution of grant deficits and closeout of all assigned grant accounts.

Percentage Of Time

20

Key Responsibility

Monitor salary and non-salary expenditures and cost transfers; approving those that conform to IIT policies and sponsor requirements.

Percentage Of Time

20

Key Responsibility

Respond to inquiries made by PIs, department administrators, awarding agencies, and others in a timely manner, utilizing excellent customer service skills.

Make various business decisions appropriate to the position; consulting with upper management as necessary.

Percentage Of Time

10

Key Responsibility

Work with management to determine accounts which require more oversight.

Other duties as assigned (i.e. Banner system testing, training, policies and procedures, etc.).

Percentage Of Time

10

Posting Information

Work Hours

Monday thru Friday 8 : 30am-5 : 00pm

Position Category

Full Time

Posting Date

05 / 28 / 2025

Closing Date

Posted Until Filled

Yes

Quicklink for Posting