Senior Accountant - Grants and Project Accounting

BASIC PURPOSE



* PSTA receives approximately 90% or more of its capital funding from grants and over 25% in operating grants.

This position is responsible for establishing and maintaining a professional grant and capital project accounting system, ensuring that grant and capital project accounting activities are properly executed, accurately, and in a timely manner.

 Inaccuracies may lead to loss of grant funding for PSTA. 
 


* This position is responsible for the decision making and matters of significance as it relates to grant accounting and coordinating these activities with other departments to meet the goals and objectives of the Authority and compliance requirements.

ESSENTIAL FUNCTIONS


* Plans, coordinates and completes division activities involving grants accounting, and capital project accounting.



* Develops and implements accounting policies, procedures and internal controls related to grants accounting and capital projecting accounting in compliance with federal and state regulations.



* Works with the Grants Administrator on grant compliance with thorough knowledge and understanding of all grants related federal regulations, circulars and directives.

Keeps current on all federal, state, and local funding programs and all associated requirements in order to assist staff with grant issues.



* Provides direction on grant funded projects; analyzes and tracks existing grant projects and project budgets.



* Assists the Grants Administrator with preparation of the Federal Transit Administration Triennial Review, including documentation, program updates, logistical planning with consultants, corrective actions and assistance with grant funding agencies.



* Prepares monthly project reports and advises management on trends and recommended courses of action.



* Provides support to project managers.



* Prepares grant drawdowns and expense reimbursements.



* Reviews and codes all project checks written by the Authority for reimbursement.



* Schedules and coordinates monthly and year-end work related to grants and capital projects.



* Prepares and reviews financial reports monthly, quarterly and at year-end to ensure accuracy, completeness and timeliness of financial information.



* Prepares necessary journal entries and performs reconciliations on a monthly basis.



* Provides assistance and direction to external auditors as needed.



* Participates in interim and year-end audit activities, acting as the point person for grants and projects and assisting with the preparation of year-end audit confirmations and other audited related functions as needed.



* Prepares the annual financial statements related to grants, including the Schedule of Expenditures of Federal Awards and State Financial Assistance and related footnotes.



* Assists the Director of Accounting and Chief Financial Officer with the development of the Annual Comprehensive Financial...