Tennessee Board of Regents (TBR) · 1 day ago
Grant and Restricted Funds Accountant
Jackson, TN
Full-time
Onsite
Entry, Mid Level
$48K/yr - $60K/yr
2+ years expTennessee Board of Regents (TBR) is seeking a Grant and Restricted Funds Accountant to provide administrative oversight and stewardship of financial aspects of grant funds. The role involves monitoring financial transactions, preparing reports, and ensuring compliance with relevant regulations.
Higher Education
Responsibilities
Review, authorize, and monitor all financial transactions for each restricted account to ensure costs are allowable, allocable, reasonable, and properly documented in accordance with award terms and conditions, institutional policy, and applicable regulations
Prepare and process necessary journal entries and adjusting entries to maintain accurate financial records for all sponsored programs
Review, establish, analyze, and monitor restricted account budgets to ensure funds are available and aligned with project goals, outcomes, and timelines
Assist with budget negotiations, initiate or request internal and external budget revisions, and monitor budget performance throughout the life of each award
Run month-end processes to apply indirect costs and billing charges, balance expenditures and revenues, and ensure proper recording of accounts receivable and matching funds for all restricted accounts
Prepare and submit accurate and timely internal and external financial reports and invoices in accordance with sponsor and institutional requirements
Track and follow up on outstanding receivables and ensure that funds received are properly recorded in restricted accounts
Ensure proposed activities and budgets comply with sponsor guidelines, federal and state regulations, and institutional policies
Build and maintain proposals and awards in the Banner Research (or equivalent) module to ensure each restricted fund’s budget, expenditures, and revenue can be tracked under a unique fund number
Develop, update, and maintain institutional policies and procedures related to sponsored programs to ensure compliance with federal, state, institutional, and donor requirements
Research and interpret regulations, including 2 CFR Uniform Administrative Requirements (Uniform Guidance) and sponsor-specific policies, and disseminate updates to relevant stakeholders
Provide training, guidance, and technical assistance to project staff and administrative offices regarding compliance, allowable costs, effort considerations, and reporting requirements
Work collaboratively with Grant Coordinator to ensure compliance in all restricted fund-related hiring, purchasing, invoicing, billing, and cash receipting activities
Serve as a primary point of contact with awarding agency fiscal and program staff, partners, and subcontractors regarding budgets, reports, guidance, and project progress
Serve as an Authorized Organizational Representative (AOR) in sponsor portals to submit required reports and supporting documentation on behalf of the College
Maintain inventory and tracking of restricted account-funded assets as required by sponsors and institutional policy
Perform other duties as assigned
Qualification
Required
Bachelor's degree in Accounting, Finance, Business Administration, or a related field
Two years of general accounting experience
Preferred
Three or more years of experience in fund or restricted accounting, preferably in a higher education or nonprofit environment
Experience preparing and analyzing financial statements, budgets, and grant reports
Company
Tennessee Board of Regents (TBR)
TBR - The College System of Tennessee is the state’s largest public higher education system, with 13 community colleges, 23 colleges of applied technology (TCATs) and the online TN eCampus serving approximately 170,000 students.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Diane Bonner, CAP
Administrative Professional to the CIO
Jon Calisi
Deputy Chief Information Officer
Recent News
Seattle TechFlash
2025-03-28
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