Accounts Receivable & Grants Accountant

Transform Minnesota is looking for a full-time (32 hours per week) Accounts Receivable & Grants Accountant for their Richfield office. 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.

• 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.

• 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.

• Manage the full accounts receivable cycle, including invoice generation, payment application, account reconciliations, and collections activities.

• Prepare monthly recurring journal entries.