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Restricted Funds Accountant

Washtenaw Community College
Ann Arbor, MI

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Posting Details

Posting Details (Default Section) Posting Number: 0603396 Position Title: Restricted Funds Accountant Position is: Regular full-time Position Type: Staff Position (Full Time/Part Time) Department/Ofc.: Financial Services Position Description: Why Join WCC ?
  • An inclusive, welcoming environment for our students, faculty & staff
  • Affordable & Comprehensive Health, Dental, Life & Vision Insurance
  • 4:1 Employer Match for Retirement
  • WCC Tuition paid for you AND your dependents
  • Tuition reimbursement for colleges outside WCC
  • Check out even more of our Total Rewards here
This position is currently authorized for a hybrid work schedule after 90 days from hire up to 4 days remote and candidate must reside in Michigan or Ohio. Positions at the college are subject to review to determine eligibility for hybrid work including presence on campus. Position Summary: The Restricted Funds Accountant works within the Financial Services Department and interacts with a wide variety of members of the college community. The position will have accounting responsibility for an assigned portfolio of grants, as well as participation in the grant proposal process. Essential Job Duties and Responsibilities:
  • Interpret and analyze complex accounting, federal and contract regulations and clauses to ensure compliance with grant specifications. Escalate critical issues to management in a timely manner to avoid compliance risks or penalties.
  • Analyze and reconcile grant activity and prepare journal entries for portfolio of grants.
  • Prepare expenditure reports and monitor receivables for federal, state and other agencies.
  • Coordinate requests from college management for grant/contract modifications.
  • Engage in proposal development and grant submissions. Proofread proposal documents and provide feedback.
  • Research ongoing changes regarding grant compliance.
  • Analyze and reconcile assigned financial aid and grants monthly.
  • Analyze restricted fund payroll each pay for proper coding:
o Collaborate with various grant areas to resolve issues. o Provide payroll details to the Financial Aid Department for Federal Work Study students. o Organize and track Time and Effort reporting documentation.
  • Prepare audit schedules.
  • Other duties as assigned.
Related Duties:
  • Assist other restricted funds staff in preparation of reconciliations and reports.
  • Prepare special reports as requested.
Minimum Qualifications: Minimum Required Knowledge, Skills and Abilities:
  • Bachelor's degree in Accounting or Finance and at least two (2) years full-time successful professional accounting experience OR equivalent education and work experience.
  • Proficiency in the use of Microsoft Office products, Internet applications in a Windows environment, and integrated software systems.
  • Effective oral and written communication skills.
  • Ability to work and solve problems independently and organize workload.
  • Ability to appropriately handle confidential materials.
Preferred Qualifications: Additional Preferred Qualifications:
  • Grant accounting experience and knowledge of OMB circulars highly preferred.
Posting Date: 01/10/2024 Closing Date: Open Until Filled Yes Special Instructions to Applicants: Please complete all sections of the application and submit required documents. Our college strives to make a positive difference in people's lives through accessible and excellent educational programs and services. Washtenaw Community College seeks to recruit and retain a diverse workforce as a reflection of our commitment to serve our diverse community and to build on the success of our students, faculty & staff. Washtenaw Community College is committed to creating an inclusive, welcoming environment. Washtenaw Community College is an Affirmative Action/Equal Opportunity Employer. Salary/Hourly Rate: $53,179 - $58,497 Salary Comments: Current Washtenaw Community College Employees Salary is determined by BOT Policy 5005***An Administrative Group employee whose job has been reclassified or who is promoted to a new position shall have his/her salary set at the new salary range minimum or at 10% above current salary, whichever is greater. Starting rate/salary is determined based on education and work history listed on application.
Posted 2026-02-25

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