About the position
The Financial Account Specialist performs routine to moderately complex accounting and financial operations work. This role involves processing requests for reimbursement and prefunding from various stakeholders, working under general supervision with limited latitude for the use of initiative and independent judgment. The specialist oversees aspects of the grant drawdown process in accordance with organizational procedures, reviews and analyzes requests for disbursement of funds, and works with funding recipients to comply with drawdown procedures and standards. Responsibilities include classifying, coding, posting, and balancing financial and accounting documents and records, as well as accounts receivable, accounts payable, and general ledger work. The role requires the ability to work accurately with numerical detail, analyze, consolidate, and interpret financial data, and audit disbursement documents for accuracy and compliance with organizational policies. The specialist prepares periodic analyses of fund balances and expenditures, maintains adequate records of expenditures, and assists in making recommendations for improvements to the disbursement process.
Responsibilities
- Oversees aspects of the grant drawdown process in accordance with organizational procedures.
- Reviews and analyzes requests for disbursement of funds.
- Works with funding recipients to comply with drawdown procedures and standards.
- Classifies, codes, posts, and balances financial and accounting documents and records.
- Handles accounts receivable, accounts payable, and general ledger work.
- Audits disbursement documents for accuracy and compliance with organizational policies.
- Prepares periodic analyses of fund balances and expenditures; prepares reports on estimates, cost data, and budget items.
- Maintains adequate records of expenditures, funds, appropriations, and expenses, as well as revenue collected and deposited.
- Researches and reconciles discrepancies in accounts, statements, or appropriation balances, and reports findings.
- Records transactions within the organization's general ledger.
- Assists in making recommendations for improvements, adaptations, or revisions to the disbursement process and accompanying procedures.
- May prepare and process payments.
- Performs related work as assigned.
Requirements
- Bachelor's degree or 9 years of experience in lieu of degree.
- 5+ years' experience in general accounting (cash posting, general ledger, accounts receivable, and accounts payable).
- Ability to obtain Public Trust.
Nice-to-haves
- Experience in financial operations.
- Graduation from an accredited four-year college or university with major coursework in accounting, finance, or a related field is generally preferred.
- Experience with grant management operations is preferred.
- Knowledge of fiscal programs; accounting; budget control methods, policies, and procedures; and laws and regulations pertaining to financial operations.
- Skill in the use of a computer and applicable software.
Benefits
- Medical, Rx, Dental & Vision Insurance
- Personal and Family Sick Time & Company Paid Holidays
- Position may be eligible for a discretionary variable incentive bonus
- Parental Leave
- 401(k) Retirement Plan
- Basic Life & Supplemental Life
- Health Savings Account, Dental/Vision & Dependent Care Flexible Spending Accounts
- Short-Term & Long-Term Disability
- Tuition Reimbursement, Personal Development & Learning Opportunities
- Skills Development & Certifications
- Employee Referral Program
- Corporate Sponsored Events & Community Outreach
- Emergency Back-Up Childcare Program
