We are looking for a Grant Accountant to support audit-related accounting activities for a client in Chicago, Illinois. This Long-term Contract position is ideal for an accounting specialist with experience handling grant funding, reconciliations, and month-end processes in a fast-paced environment. The person in this role will help maintain accurate financial records, strengthen reporting accuracy, and provide dependable accounting support during a critical period.
Responsibilities:
- Prepare and post journal entries to keep grant and general ledger records accurate and up to date.
- Reconcile accounts across cash activity, credit cards, accounts payable, and accounts receivable to support clean financial reporting.
- Assist with month-end close tasks, including reviewing balances, identifying discrepancies, and resolving accounting issues promptly.
- Track grant-related transactions and help ensure expenditures are recorded in alignment with funding requirements and internal guidelines.
- Support payroll-related accounting and cost allocation activities to improve the accuracy of expense reporting.
- Compile documentation and financial details needed for audit requests and respond to follow-up items in a timely manner.
- Review daily and periodic financial activity to confirm transactions are properly classified and supported.
- Partner with internal stakeholders to maintain organized records and improve consistency in accounting processes.
- At least 2 years of accounting experience, preferably in grant, nonprofit, or fund-based accounting environments.
- Working knowledge of accounts payable, accounts receivable, general ledger activity, and journal entry preparation.
- Experience supporting month-end close and performing account reconciliations with strong attention to detail.
- Familiarity with government grants and the financial tracking requirements tied to restricted funding.
- Understanding of cash activity, payroll accounting, credit card reconciliation, and cost allocation methods.
- Ability to organize audit support materials and work effectively under deadlines.
- Proficiency with accounting systems and spreadsheet tools used for financial analysis and reporting.