Grants Accountant

Position: Grants Accountant

Reports to: Senior Manager of Grants Accounting

FLSA Status: Exempt

Work Arrangement: In Person

Grant Funded Position

The Greater Memphis Chamber serves as the Administrator and Fiscal Agent for the Greater Memphis Workforce Development Board (GMWDB) which leads the way in connecting job seekers and employers, providing skills training and work opportunities for youth and adults, analyzing, and sharing data to educate the public on workforce needs, and aligning community partners around workforce initiatives to help make Greater Memphis a place of economic opportunity for all. As the Accountant, you will play a pivotal role in supporting the local workforce development initiatives and fiscal components of the Greater Memphis Region Workforce Development Board.

The Grants Accountant performs accounting functions such as budget vs actuals analysis and forecasting for a variety of fund categories including General and Grant Fund. Communicates and works with management and ensures financials comply with Federal, State, and local laws, agreements, contracts, policies, and procedures. Assists in coordinating and performing professional accounting functions in the maintenance of accounting and internal control systems for the accounting department using established procedures and policies. 

General Responsibilities: The ideal candidate will be an initiative-taking, innovative, and analytical thinker with superb analytical skills. 

·        Reviews invoices, vouchers, and all supporting documentation for accuracy. Track non-WIOA grants expenses, revenues, and variances from the budgeted amounts and post accounts receivable.

• Assist with budget modifications for providers and the Workforce Board. Prepares and distributes monthly reconciliation reports for all Funds, and Infrastructure Funding Agreement (IFA).
• Preforms monthly bank reconciliations.
• Assists with State of Tn. Monthly Expense Reports (MER), and Monthly Financial Analysis Reports (FAR).

·        Update open ageing reports and ensure that all provider vouchers submitted for reimbursement are posted in grants system.

·        Fully understand the importance of accurate budget tracking in financial decision making.

·        Review provider invoices, vouchers, and all supporting documentation for accuracy.

• Assist with audit and prepare and submit financial records/reports as required.
• Assist Sr. Manager of Grants Accounting in developing finance processes and procedures in accordance with state guidelines.
• Identifies opportunities for process improvement, efficiency enhancement, and the implementation of best practices.
• Perform other duties as assigned by Sr. Manager of Grants Accounting. 

Minimum Qualifications:

• Bachelor’s degree in business administration, Management, Finance, Public Administration and/or a combination of equivalent education and relevant experience
• 3 years of accounting experience and/or a combination of equivalent education and relevant experience

Knowledge, Skills, and Abilities:

• Requires the ability to apply logical thinking to define problems, collect data, establish facts, and draw valid conclusions; to interpret a variety of instructions in oral, written, or diagrammatic form; to deal with several abstract and concrete variables. Requires the ability to learn and understand complex principles and techniques; to make routine independent judgements in absence of supervision; to acquire knowledge of topics related to primary occupation.

 ENVIRONMENTAL REQUIREMENTS: 

• Most work is conducted in a typical indoor office environment. 
• The position may require work on some nights and weekends. 

PHYSICAL DEMANDS: 

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. 
• While performing the duties of this job, the employee is: 
• Frequently required to sit, talk, and hear.
• Occasionally required to walk.
• Extensively uses hands and fingers to feel, manage, or operate objects, tools, or controls. 
• Constantly reaches with hands and arms. 
• Occasionally lifts and/or moves up to thirty pounds. 
• Extensively uses close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. 

This job description reflects management’s assignment of essential functions; it was not meant to be all-inclusive of the tasks that may be assigned.