What are the responsibilities and job description for the Grants Accountant position at Denmark Technical College (SC)?
Under the supervision of the Vice President of Fiscal Affairs the Grants Accountant will be responsible for grant accounting and reporting for the College. This position will also have an essential role in managing the single audit and lead in the preparation of federal grant drawdown requests to ensure the College is reimbursed on a timely basis.
Prepares periodic invoices, vouchers, and drawdowns from agency payment systems to secure public funds. Balances account activity back to the primary general ledger to ensure zero discrepancies.
Compiles financial status reports (e.g., Federal Financial Reports) mandated by state, local, or federal grantors. Runs monthly variance evaluations alongside program managers to prevent both over-spending and under-utilization of time-sensitive awards.
Gathers internal receipts, payroll records, and contracts to provide explicit evidence for external, state, or federal auditors. Finalizing remaining distributions, reconciling final expenditure balances, and completing the formal administrative termination of the grant cycle.
Reviews grant contract stipulations, determining cost eligibility, and setting up localized grant tracking codes within the general ledger system. Ensures all expenditures align with federal regulations and restricted fund accounting rules
Provides support on grants to include budget amendments, and approval/review of grant reports and advises departments on budget related to grant funding. Gathers requested financial information for the single and financial audits.
Bachelor's degree in accounting, finance, business or related field and professional experience directly related, such as accounting, auditing, finance or commercial lending.
Intermediate knowledge of Microsoft Excel. Strong analytical skills. Excellent oral and written communication skills. Valid Driver’s license required. Occasional after-hours, overnight, weekend, or holiday work and travel may be required.
Salary.com Estimation for Grants Accountant in Bamberg, SC
$68,835 to $84,442
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