More jobs:
Accounts Receivable & Grants Accountant
Job in
Minneapolis, Hennepin County, Minnesota, 55400, USA
Listed on 2026-08-02
Listing for:
Transformmn
Full Time
position Listed on 2026-08-02
Job specializations:
-
Accounting
Accounts Receivable/ Collections, Financial Reporting, Financial Analyst, Accounting & Finance -
Finance & Banking
Accounts Receivable/ Collections, Financial Reporting, Financial Analyst, Accounting & Finance
Job Description & How to Apply Below
The Accounts Receivable & Grants Accountant is responsible for managing the full accounts receivable function, including billing, collections, and cash application across all revenue streams, with specialized expertise in the financial administration of sponsored grants and contracts. This position serves as a key liaison between external funders and internal departments, ensuring accurate and timely billing in compliance with grant terms, organizational policies, and applicable regulations.
REPORTS TO:- Senior Accountant
- None
BENEFITS & COMPENSATION:
- Full-Time, 32 hours/week
- Location:
Richfield office - Starting pay range: $32.70 – $34.60/hour
- Medical, Dental, HSA, Life Insurance, Long-term Disability, 403b Retirement Account, Accident Insurance, Paid Time Off and Holiday Pay
Grant/ Contract Accounting
- Partner with grant program managers to monitor budgets and support timely financial reporting and reimbursement activities.
- Prepare invoices and financial reports using grant/contract requirements to ensure they are accurate and submitted within deadlines.
- Manage labor cost allocation adjustments by validating ADP time distributions against actual work percentages, ensuring accurate charging of payroll expenses across grants, contracts, and operational funding sources.
- Ensure compliance with Single Audit requirements by monitoring grant expenditures, maintaining supporting documentation, and coordinating audit requests and responses.
Program Service Fees
- Track and reconcile program service revenue, including client self-pay fees, subsidized housing income, and other program-generated revenue sources.
- Prepare, process, and monitor invoices for external contracts, including county, state, government agencies and services fees.
Accounts Receivables
- Manage the full accounts receivable cycle, including invoice generation, payment application, account reconciliations, and collections activities.
Other Accounting
- Prepare monthly recurring journal entries
Required Qualifications
- Bachelor’s degree (BA/BS) in Accounting or Finance, or a related field, AND at least 2 years of professional work experience, including experience with grant accounting or grant-funded contracts; OR a combination of related education and work experience totaling 6 years
- Demonstrated knowledge of accounts receivable principles, billing practices, and collections across multiple revenue streams
- Strong written and oral communication skills with the ability to interact effectively with sponsors, auditors, and internal stakeholders
- Proficiency in Microsoft Excel; comfortable working with financial data and reporting tools
- Exceptional attention to detail with a thorough understanding of the importance of accuracy in financial reporting
- Proven experience building and maintaining successful customer and stakeholder relationships
- Strong time management and organizational skills with the ability to manage multiple deadlines simultaneously
- Experience with grant administration, including managing grant-funded contracts and reporting requirements
- Flexible and adaptable when working with external partner organizations whose expectations or requirements shift frequently, maintaining a calm, courteous, and constructive approach even under pressure
Preferred Qualifications
- Experience with single audit compliance
- Excellent critical thinking, problem-solving, and decision-making skills
- Ability to work both independently and collaboratively in a team environment
- Customer service orientation with the ability to communicate financial concepts to non-financial audiences
- Demonstrated relationship with Jesus Christ
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