Senior Accountant, Restricted Funds
- Westminster, Colorado, United States
- Full Time
- Opening on: Jul 14 2026
- Closing on: Jul 28 2026
- Exempt
Title: Senior Accountant, Restricted Funds
Position Type: Professional Tech Full time
College: Front Range Community College
Division: Finance and Administration
Department: FRCC Fiscal Services
Campus: Westminster Campus
Location: Westminster, CO
Salary Range: $64,781-68,020 annually
Who We Are:
With three campuses along Colorado’s Front Range, FRCC is the state’s largest community college. We enroll close to 28,000 students annually from our diverse service area, which offers a variety of cultural and recreational activities.
Each year approximately 5,000 FRCC students transfer to four-year universities and FRCC offers more than 36 career training programs that prepare students for immediate employment and rewarding careers. Last year, more than 5,000 high school students took concurrent enrollment classes with us, earning college credit without having to pay college tuition. And we were recently ranked as one of the “Top Online Colleges” in the country by Newsweek.
One of FRCC’s main goals is to offer educational excellence for everyone. The college’s strong commitment to student success means we start by creating an inclusive and equitable environment—one where both students and employees feel they belong and are supported. FRCC’s focus on diversity, equity and inclusion is woven into the fabric of our college conversations and decision-making processes. We are actively seeking to hire a workforce that reflects the diversity of our student body.
The college is also an emerging Hispanic Serving Institution. For us, becoming an HSI is an intentional commitment to being a college where our Latinx (and other historically marginalized) students thrive.
FRCC employees and leaders work hard to create a culture of collaboration, innovation and pride. We’re looking to hire people who share these values—along with our commitment to student success, equity and excellence.
Job Summary:
Reporting to the Reporting to Restricted Fund Manager, the Senior Restricted Fund Accountant provides support to other Grant Accountants in limited and permanent positions as necessary for the College to properly serve as the fiscal agent for multi-million dollar federal grants and other various non-federal grants. This position will work closely with the Resource Development team and grant principal investigators in overseeing grant management and ensuring grant management compliance.
This position requires the use of good judgment and critical thinking skills to independently perform general accounting related duties and support the restricted funds accountants and accounting positions responsible for the Fiscal aspect of Financial Aid, Grants, and a variety of restricted fund activity. Specialized expertise is necessary to oversee and manage the grant and restricted funds subsystem for college compliance with state regulations, generally accepted accounting standards, non-federal and federal grant sponsor reporting requirements, OMB-133 and A-21 compliance, and other federal requirements. The Senior Restricted Fund Accountant will maintain the ability to detect problems and advise people on proper actions required for resolution; assist in the preparation of financial statements, budgeting and forecasting of restricted and other funds as required; analyze additional projects requiring formative analysis and judgment as needed to help benefit the department and the college by creating a more strategic approach to improving processes, compliance, and management of grants and other financial service areas.
This position does have the opportunity to work remotely occasionally but does require a strong on-campus presence and may require occasional travel to all three FRCC campuses.
Please note: You need to be a Colorado resident on your first day of employment. Also, Front Range Community College is an E-Verify employer.
Duties & Responsibilities:
Financial Reports and Billing
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Leads the preparation of monthly reconciliation reports for assigned restricted funds, collaborating with staff to ensure accuracy, completeness, and timeliness. Prepares and distributes monthly and quarterly invoices for grants and scholarships carrying outstanding cash balances, verifying that all billings align with the terms and requirements outlined in grant contracts. Partners with departmental managers to resolve discrepancies and outstanding reconciling items. And work directly with sponsors to address questions or concerns regarding submitted invoices.
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Reviews and approvals grant billings, journal entries and financial reports prepared by fiscal accountants, ensuring accuracy, compliance, and adherence to institutional and funding agency standards prior to submission or posting.
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Monitors l cash balances and tracks billing progress on a monthly and quarterly basis, serving as a knowledgeable resource for accountants and sponsors by responding to inquiries and providing guidance on billing status, fund activity, and compliance requirements.
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Reviews and approves monthly reconciliations of grants and financial aid funds, ensuring all account balances are accurately stated, and reconciling items are identified and resolved in a timely manner.
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Analyzes, reviews, and authorizes payment requests and p-card statements for restricted funds, ensuring all expenditures are compliant with approved budgets, grant award terms, and institutional authorization requirement. Verifies that all associated accounting entries are properly classified in accordance with GAAP and applicable regulatory standards.
General Accounting
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Implements and manages accounting procedures for restricted funds, including new fund setup (grant subsystem configuration, budget setup, and fund number assignment), grant closeout processes, and ongoing monitoring of accounting transactions such as p-card approval, payment documents, and journal entries.
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Ensures all financial activity is recorded and maintained in accordance to Generally Accepted Accounting Principles (GAAP), governmental accounting standards, state fiscal rules, and applicable grant regulations.
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Reviews accounting records, system diagnostics, and online transaction detail within the Banner Financial System to verify the accuracy, integrity, and compliance of restricted fund activity. Investigates discrepancies and errors, collaborates with accounting system users to identify root causes of errors, and recommends user training to prevent recurring issues. Corrects conflicting or inaccurate data in Banner, ensuring alignment with GAAP, state fiscal rules, and rules/processes established by higher management and funding agency guidelines.
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Investigates account coding inconsistencies and financial discrepancies to determine appropriate corrective actions, coordinating with internal departments and external funding agencies as needed to ensure accurate and compliant fund management.
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Approves the drawdown and return of funds for state and federal financial aid programs and grants, ensuring transactions comply with regulatory requirements and funding agency expectations.
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Reviews and approves day-to-day financial transactions including expense vouchers, journal entries, purchase requisitions, travel requests, and fund transfer requests to ensure accuracy, authorization compliance, and alignment with institutional and regulatory standards.
Department Liaison and Training
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Monitors compliance with applicable state and federal rules, regulations, and requirements across the college’s restricted funds portfolio, serving as a subject matter expert and institutional resource for ensuring financial integrity and regulatory adherence. Prepares and maintains various financial reports related to restricted funds to mitigate legal, financial and reputational risks to the college. Proactively identifies compliance issues, analyzes root causes, and advises departments and staff on appropriate corrective actions needed to reach resolution.
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Maintains ongoing collaboration with the Strategy and Innovations and Resource Development departments to research, communicate, and resolve accounting errors and discrepancies related to restricted fund activity, ensuring accurate and timely financial reporting in support of grant management and institutional planning objectives.
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Supports onboarding and professional development of new staff by participating in training sessions focused on policies, procedures, and best practices related to grant-to-grant administration, fostering a culture of compliance, accountability, and continuous learning within the department.
Year-end Tasks
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Assists the Restricted Fund Manager in the preparation of financial statements, schedules, exhibits, and supporting documentation required for year-end close, ensuring compliance with state reporting requirements and auditor standards Contributes to budgeting and forecasting activities for restricted and other assigned funds as needed. Compiles, identifies, analyzes, and reconciles financial data from multiple systems, including Banner, COGNOS, Excel, and CORE, to produce accurate reports.
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Identifies, researches, and analyzes discrepancies discovered during year-end review, prepares through supporting documentation, and records necessary correcting journal entries in Banner in accordance with GAAP, state fiscal rules, and institutional policies to ensure the accuracy and integrity of the college’s year-end financial records.
Support and Mentor Staff
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Provides guidance, technical support, and subject matter expertise to staff on grant accounting and restricted funds management, serving as a knowledgeable resource for navigating complex financial, regulatory, and compliance questions. Assumes backup responsibilities for both staff and the Restricted Fund Manager as needed to ensure continuity of operations and uninterrupted service to the college.
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Monitors staff progress on assigned projects and deliverables, providing constructive feedback on timelines, workload prioritization, and quality of work. Reviews billings and financial reports prepared by staff prior to sponsor submission, ensuring accuracy, completeness, and compliance with grant requirements and institutional standards, as assigned by the Restricted Fund Manager.
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Cross-trains with staff and grant managers on assigned duties to build departmental depth, operational resilience, and share institutional knowledge. Communicates procedural changes, updates, and process improvements clearly and collaboratively, supporting a culture of transparency and continuous professional growth.
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Completes additional tasks and projects as assigned by the Restricted Fund Manager, demonstrate flexibility, initiative, and a commitment to the overall success of the restricted funds team and the college's financial operations
Competencies/KSAs:
- Generally Accepted Accounting Skills: Know and apply accounting theory and principles, recommend accounting policy and procedural changes, and ensure observance of professional standards and state rules.
- Communication (Verbal and Written): Communicate with staff and external customers regarding policies and guidelines. Provide training to staff regarding restricted funds policies, rules, and guidelines.
- Interpersonal Skills, Relationship Building: Respond to customer inquiries in a timely and professional manner. Manage difficult conversations with customers and vendors. Ensure equitable accounting processes are in place, as they relate to restricted funds.
- Critical Thinking/Problem Solving: Research and work with customers to resolve accounting issues. Apply proper accounting principles to help ensure FRCC remains compliant with grant rules, Higher Education Accounting Standards, State Fiscal rules, regulations, and guidelines.
- Self-Management Skills: Handle daily work challenges confidently, is willing to adjust to multiple demands, shifting priorities, ambiguity and rapid change. Show resilience in the face of constraints, frustrations or adversity and demonstrates flexibility. Act with integrity and develops oneself.
- Equity Mindedness: Approaches department operations with an equity-focused perspective, identifying and addressing processes that may lead to inequity. Understands the College's equity goals and actively contributes to FRCC’s efforts to achieve these objectives through inclusive practices and policies.
- Mission, Vision & Values: Embraces the mission, vision and values of FRCC. Understands the importance of the work that you do to support institutional goals.
- Mentoring & Coaching: Provides mentoring and coaching to others and seeks mentoring and feedback to improve own performance.
Minimum Qualifications:
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Graduation from a college/university with a bachelor’s degree in accounting or closely related field and three (3) years of professional accounting experience
OR
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Valid related licensure or certification and five (5) years of professional accounting experience
- Knowledge/ability to operate standard office equipment; experience with computerized accounting systems, spreadsheet, and word processing applications.
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Ability to establish and maintain effective working relationships with employees, other departments of the College, students and government agencies.
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Ability to analyze complex systems and make recommendations.
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Knowledge of standard business practices and policies including budgeting and planning.
Selection Process:
The selection process for this position will be conducted through a competitive, merit-based evaluation of all qualified applicants. Preliminary screening will be based on the completed application package submitted by the candidate.
Position will remain open until filled with a priority deadline of Tuesday, July 28.
This posting may be used to fill multiple or similar positions.
Application Instructions:
In your application, please include a resume and cover letter that specifically address how your background and experience align with the requirements, qualifications, and responsibilities of the position.
The application will ask for you to provide three references. We ask that they are all professional references and at least one is a current/recent supervisor.
Additional Information/Benefits:
Salary Information: The salary range reflects the minimum and maximum starting salary for the position. When determining the starting salary for a new employee, FRCC takes into consideration a combination of the selected candidate’s education, training and experience as it relates to the requirements of the position, as well as the position’s scope and complexity, internal pay equity and external market value.
Benefits Information: For information about benefits for Administrative, Professional and Technical Employees and Faculty, please see the Front Range Community College Benefits page.
Welcoming. Respectful. Inclusive. Together, we are FRCC.
CCCS is an Equal Opportunity Employer
The Colorado Community College System believes when all human qualities are regarded with dignity and respect and when everyone has access to the individualized support they need, all will have the opportunity to thrive. In all aspects of the employment process, decisions are made based on merit, competence, performance and business need without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity or expression, pregnancy, creed, ancestry, national origin, marital status, genetic information, military status, or any other protected status in accordance with applicable law.
Reasonable Accommodation/Additional Details
For full policies and contact information, please view Front Range Community College's Disclosures. This page includes regarding our Non-Discrimination Notice, Clery Act, Background Check policies, ADAAA Accommodations, and Pregnancy Related Accommodations.