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Restricted Funds Accountant

Valdosta State University
Georgia, United States
$54,160.00 - $54,160.00
Start date
Jun 30, 2021

View more

Position Type
Administrative, Business & Administrative Affairs, Grants & Contracts
Employment Level
Employment Type
Full Time
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Job Summary

Performs complex professional accounting work in support of the management of university restricted funds.


The purpose of the position is for award set up, maintenance, invoicing, reporting, cash management, and effort reporting of federal, state, and local grants awarded to the University. The Restricted Fund Accountant will be responsible for conducting review of grant activities to ensure the University is in compliance with Federal, State of Georgia, Board of Regents and Valdosta State University regulations/policies by remaining current on updates. This position works in conjunction with the Office of Sponsored Programs Research and Administration (OSPRA) and provides support to Principal Investigators (PI). The position provides support for general ledger reconciliations and review. This position is also responsible for all aspect of accounting for the university’s endowment investment. This position requires time beyond the normal operating hours of the university during peak times and especially at fiscal year-end. Other duties as assigned.

Typical Allocation of Duties:

Prepare grant reports and invoices - 35%
Prepare grant reports and invoices as required by sponsoring agency; reconcile grant receivables and indirect revenue.

Review expenditures, deposit funds, and enter budget amendments - 35%
Review grant expenditures for compliance; deposit funds received; enter budget amendments when needed.

Review and approve financial data - 15%
Review and approve financial data in grant proposals and contracts; meet with new principal investigators (PIs) for orientation; set up grant accounts and cost share accounts in PeopleSoft.

Compliance - 15%
Ensure work is performed in compliance with relevant policies, procedures, rules, and regulations.


Required Qualifications

Required Experience
Bachelors degree in a specified field and five (5) or more years of related work experience.

  Conditions of Employment

Employment is contingent upon successful completion of a background check. Position May Require Credit Check (if using P-Card, working with Cash, etc.).

Position Requires completion of VSU’s Annual Compliance Training course (such as State Business Transactions, Drug Free Workplace, Anti-Harassment Policy, Introduction to Information Security, Workers Compensation, Motor Vehicle Policy, USG Ethics Policy, Conflict of Interest/ Outside Activities Policy, Leave Procedures for Faculty and Staff, Georgia Open Records Act, Family Educational Rights and Privacy Act (FERPA), and Contracts 101. Supervisory positions require training in FMLA and Worker’s Compensation.

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