Job Listings

Restricted Funds Accountant

Frostburg State University
Job Location:
Frostburg, Maryland
Sponsored Programs, Grants, and Contracts

Restricted Funds Accountant

Frostburg State University seeks applications for an exempt full-time Restricted Funds Accountant. Salary is commensurate with qualifications and experience and includes University System of Maryland benefits package.

Responsibilities: The Restricted Funds Accountant is responsible for the post-award financial administration of grants and contracts that flow through the Office of Sponsored Programs. Duties include creating invoices and financial reports to external funders; monitoring budgets and expenses; ensuring fiscal compliance with federal, state, local, and private funders’ regulations and requirements; performing electronic drawdowns of funds, reconciling invoices to financial system data; approving grant expenditures; close-out of grant awards; administration of the effort reporting system; and regularly meeting with faculty, staff, administration, and external funders regarding the financial management of grants and contracts. This position also serves as the liaison for external auditors when audits of restricted grants and contracts are performed.

Minimum Qualifications: Bachelor’s degree in Accounting or related field with 1 – 3 years of relevant experience. Knowledge of federal grant regulations and compliance requirements. Firm grasp of basic accounting principles and strong number sense. Good written and verbal communication skills.

Preferred Qualifications: Master’s degree with 4 – 6 years relevant experience. Knowledge of PeopleSoft or Workday financial system.

About the University: A member institution of the University System of Maryland, Frostburg State University is a public, comprehensive, largely residential regional university offering programs in the sciences, education, business, the arts, and humanities at both the undergraduate and graduate levels. FSU prides itself on being a dynamic, learning-centered institution that emphasizes teaching with opportunities for professional development and research. More than 5,000 students enroll yearly.

About the Area: FSU is located on a scenic 260-acre campus in the mountains of Western Maryland, a region rich in history, quaint shopping areas and eclectic cafes and food choices. The Western Maryland region is considered to be a four-season outdoor mecca of recreational experiences offering activities such as hiking, mountain biking, water sports, snow skiing/boarding, golfing, climbing, etc. Frostburg offers a family-friendly college town feel with easy access to major cities like Pittsburgh, Washington, DC, and Baltimore. If you are looking for insightful colleagues, energetic students, and a great place to work and call home in a region with unlimited adventure seeking opportunities, FSU is for you!

Frostburg State University (FSU) has made the safety of our students, faculty, staff, and our surrounding community a top priority. As part of that commitment, the University System of Maryland (USM) recently announced that student, faculty, and staff are required to be vaccinated against COVID. As a prospective and/or new employee at FSU, you will be required to comply with FSU’s vaccination protocol. Proof of full vaccination will be required at the time of employment. Prospective or new employees may seek a medical or religious exemption to the vaccination requirement. Employees in the collective bargaining unit are required to follow the agreed upon protocol.

To Apply: 

Along with your application, please provide the following: 1) resume; 2) a cover letter specifically addressing the requirements in this advertisement; 3) names and contact information for three professional references.

For assurance of full consideration, please submit materials by October 20, 2021

FSU is proud to be a diverse and inclusive multicultural university.  

Frostburg State University welcomes and encourages women, veterans, and minorities to apply and seeks to recruit, and retain a diverse workforce. FSU is an Equal Opportunity Employer. Appropriate auxiliary aids and services for qualified individuals with disabilities will be provided upon request. Please notify us in advance. WWW.FROSTBURG.EDU

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