Description

Description The Sponsor Project Accountant is responsible for ensuring all expenditures charged to grants and contracts comply with the Government and institutional policies, regulations and the terms and conditions of the award. The accountant must ensure the expenses are allowable, reasonable, allocable to the project and properly approved according to the Sponsor’s and School’s policies and procedures. Responsibilities Review grants and contracts portfolio. Review and approve all transactions for each grant/contract according to the Sponsor's and School's policies and procedures. Compare salary/effort charged to grants/contracts to approved award budget. Ensure cost allocations between grants for closely related work are allocated based on a reasonable and approved methodology. Collect, and analyze data relating to grants and contracts to detect non-compliance with laws, regulations, and management policies. Inspect account books for accuracy and use of accepted accounting procedures to record expenditures. Examine and evaluate financial data to ensure data integrity. Inspect cash on hand for grant accounts, and Sponsor’s payment schedule ...