Primary Function

The Sponsored Receivables Accountant I (SRAI) serves as the resource for monthly invoicing and AR follow-up, related to grants, contracts, and sponsored programs from federal, industry, state, and nonprofits. This position works with internal and external stakeholders ensuring revenue, receivables, and fund balances are accurately recorded and reported in a timely manner and in accordance with generally accepted accounting principles (GAAP).

Invoicing and Billing Management (including, but not limited to, billing and invoicing, interpreting open AR balance follow-up requests for payment, preparing credit memos/refunds due to sponsors.

Collaborate with pre-award and post-award to ensure datasets are updated and complete for invoicing and billing management.

Specifications

• Experience in revenue recognition, invoicing, and cash application, Lawson a plus.
• Experience facilitating interdisciplinary teamwork.

Responsibilities

• Effectively assess award billing requirements and prepare accurate and timely monthly cost reimbursement requests for federal, industry, state and non-profit grant and contracts.
• Effective collaboration with post award grant management staff.
• Ensure CNE, and department policies and procedures, rules, and regulations are observed and followed.
• Conduct clear and concise communications related to billing management activities with post award grant management staff and the Direct Sponsors.
• Participate as a team member on selected projects.
• Effectively fosters own personal and professional growth through a variety of educational and professional strategies.
• Maintains accurate records of assigned sponsored projects activities.
• Demonstrates a specialized level of knowledge and thorough understanding of the practices/procedures related to:
  • Federal, state, and sponsor cash, invoicing and refund requirements.
  • Generally accepted accounting principles (GAAP) and FASB ASC 606.
  • Award management and accounting best practices, including CNE policy, procedure, and federal cost principles.Interpretation and compliance with sponsor award terms and conditions