Accounting Associate

Company: Grant Thornton LLP (US)
Location: Arlington
Posted on: May 9, 2022

Job Description:

Grant Thornton is seeking an Associate to join its Finance Transformation practice and take an active role in engagement execution, project management and key business development activities.

Grant Thornton's Public Sector helps executives and managers at all levels of government maximize performance and efficiency in the face of ever tightening budgets and increased demand for services. Our public sector team members find solutions that help government leaders with issues including acquisitions, financial management, human capital, information technology and performance management in federal, state, local and international governments.

Essential Duties:

Collaborate and work with stakeholders who are responsible for reviewing existing obligations and recommending liquidation of unneeded obligations to make them available for the agency mission.
Assist in research of policies, regulations, accounting standards and pronouncements to help resolve complex accounting issues, questions, and findings.
Assist in developing SOPs to document business processes related UDO/ULO monitoring and management, budget spending review and analysis, trial balance/GL accounts reconciliation and analysis, and project costing
Assist with the monthly accrual flag, expenditures, spending, trial balance and other financial analysis of purchase orders, expenditures, and GL accounts for the OIT appropriations and resolution activities with Financial Services Center (FSC).
Support timely closeout of accounting data, as delays result in increased audit risk and the inability to recover unused funds.
Support client to access, integrate, and report data from the Budget Tracking Tool (BTT), Automated UDO SharePoint Tool, Corporate Data Warehouse (CDW), Financial Management System (FMS), Integrated Funds Distribution Control Point Activity Accounting & Procurement (IFCAP), Report System Distribution (RSD), Forecast of Opportunities and Requirements Center of Excellence (FORCE), and Financial Reports System (FRS).
Support the client contractor team to develop and sustain an oversight function that promotes continuous improvement, characterized by promoting rigorous monitoring, insightful reporting to management, root cause identification, and analysis necessary to address and prevent auditor findings.
Provide recommendation and improvements on UDO/ULO Tracker Tool.
Reaffirm strategy and program objectives towards minimizing obligations.
Assist in developing and documenting standardized accounting metrics to support the strategy and program objectives.
Accelerate automation and analytics reporting capabilities to enable the organization to reallocate dollars to other priority initiatives.

Qualifications:
Required:
Bachelor's degree in Accounting or Financial Management
Knowledge of MS Office products, including MS Word, Excel, PowerPoint, and Power BI
Preferred:
Financial management experience supporting Federal Government
Experience with obligation transactions
Ability to manage tasks/requests of varying sizes, and balance multiple priorities
Experience designing metrics and performance improvement for UDO/ULO management and operations
Strong written/verbal communications skills

ABOUT US
At Grant Thornton, we believe in making business more personal and building trust into every result - for our clients and you. Here, we go beyond your expectations of a career in professional services by offering a career path with more: more opportunity, more flexibility, and more support. It's what makes us different, and we think being different makes us better.

ABOUT THE TEAM
The team you're about to join is ready to help you thrive. Here's how:
--- Whether it's your work location, weekly schedule or unlimited flex time off, we empower you with the options to work in the way that best serves your clients and your life.
--- Here, you are supported to prioritize your overall well-being through work-life integration options that work best for your and those in your household.
--- We understand that your needs, responsibilities and experiences are different - and we think that's a good thing. That's why we support you with personalized and comprehensive benefits that recognize and empower all the identities, roles and aspirations that make you, well, you. See how at www.gt.com/careers
--- When it comes to inclusion, we are committed to doing more than checking boxes. Explore all the ways we're taking action for diversity, equity & inclusion at www.gt.com/careers

Here's what you can expect next:
If you apply and are selected to interview, a Grant Thornton team member will reach out to you to schedule a time to connect. We encourage you to also check out other roles that may be a good fit for you or get to know us a little bit better at www.gt.com/careers .

Additional Details:
Grant Thornton requires personnel to be fully vaccinated against COVID-19 in order to visit/enter firm offices, to visit/enter client or prospective client sites or facilities, or to attend in-person firm or client-sponsored events, subject to any medical, religious or other accommodations under the law. Personnel who are not fully vaccinated and who do not have an approved accommodation will be required to work remotely and will not be permitted to work on-site or to attend in-person events and functions until further notice. Grant Thornton collects, uses and maintains vaccination-related data in accordance with its Privacy Policy, Personnel Privacy Notice, and applicable laws and regulations.
It is the policy of Grant Thornton to promote equal employment opportunities. All personnel decisions (including, but not limited to, recruiting, hiring, training, working conditions, promotion, transfer, compensation, benefits, evaluations, and termination) are made without regard to race, color, religion, national origin, sex, age, marital or civil union status, pregnancy or pregnancy-related condition, sexual orientation, gender identity or expression, citizenship status, veteran status, disability, handicap, genetic predisposition or any other characteristic protected by applicable federal, state, or local law.
Consistent with the Americans with Disabilities Act (ADA) and applicable state and local laws, it is the policy of Grant Thornton LLP to provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. The policy regarding requests for reasonable accommodation applies to all aspects of employment, including the application process. To make an accommodation request, please contact ColleagueSupportSpecialists@us.gt.com .
For Los Angeles Applicants only: We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.

Keywords: Grant Thornton LLP (US), Arlington , Accounting Associate, Accounting, Auditing , Arlington, Virginia