Senior Accountant - Grants​/Contracts & Budget

Senior Accountant - Grants/Contracts & Budget ManagementBedford-Stuyvesant Restoration Corporation, founded in 1967, is the nation’s first community development corporation nestled in the heart of Central Brooklyn in Bed-Stuy. Located at Restoration Plaza, a 300,000 square foot commercial complex that offers a mix of retail, dining, recreation and entertainment, this historic organization is steeped in its mission to close the racial wealth gap.

We provide direct services across an economic mobility platform centered on workforce development, affordable housing/home ownership, community revitalization, small business development and arts and culture to 60,000 people annually. About the RoleThe Senior Accountant - Grants/Contacts & Budget Management General Managing Business Admin. & Compliance Officer and is responsible and accountable for processing grants/contracts claims, tracking grant/contact revenues and expenses and ensuring proper and accurate coding of grant/contracts revenues and expenses.

Key Responsibilities Works cooperatively with the financial team and departmental/program staff to ensure the sound management of contracts/grants, as well as pass-through grants/contracts projects. He or She is responsible for the accurate and timely input and posting of financial activities for grant/contracts, as well as pass through grant/contracts projects to the accounting system, the timely reconciliation of assigned bank accounts, the timely completion and submission of claims to funding agencies, the development of grants/contracts budgets, communicating with funding agencies and departmental/program staff, producing, updating, reviewing and maintaining reports for grants/contracts, pass-through grants/contracts projects, including claims, general ledger, trial balance, balance sheet, and income statement, as well as associated excel worksheets.

Prepare and present reports
-budget vs actual & variance with projections. Accounts Payable
• Reviews and approves Grants/Contracts check requests for input to the Accounts Payable system and ensures that check requests are contract compliant including that:
• Invoices meet funding agency and the organization's compliance and internal control standards, are in good form, and are fully and properly documented.
• Bids/quotes required by funding agencies and BSRC are attached
• Consulting contracts are current
• Check requests are properly authorized and approved
• If required, properly authorized purchase orders are attached
• Expenses are properly coded and classified
• Funding sources are properly and accurately identified
• Expenses are authorized under the funding source budget Payroll
• Ensures that the payroll information for grants/contracts is accurate and in-line with budgeted allocations.
• Ensures that payroll staff receives pertinent payroll allocation information on a timely basis and payroll expenses are properly recorded against the correct fund, department and grant project .
• Reviews the payroll register and makes necessary adjusting entries to ensure that payroll allocations are in-line with grant/contract budgets
• Meets with departmental/program managers and payroll staff to quickly resolve payroll issues. Cash Receipts
• Reviews agency fund transmittal information on a monthly basis to ensure that cash receipts are properly coded and inputted to the correct fund, department and project/grant as well as the correct program year.
• Meets with the Cash Receipts Manager and departmental/program managers to resolve any cash receipt issues.
• Reviews the cash receipts system to ensure that cash receipts have been accurately recorded and ensures that mis postings and errors are immediately corrected.
• Posts cash receipts journals Claims/Voucher/Billings
• Prepares monthly contracts/grants claims in accordance with contract requirements and submits claims to funding agency on a timely basis, as required under the funding contract
• Interacts with the funding agencies to ensure that claims are accurate and in compliance
• Interact with external budget analysis and contract managers to seek guidance and firm up compliance
• Attend…