Grants Accountant
The Grants Accountant to oversee the financial management of grants within our Education Finance (EduFinance) program. This role ensures accurate coding, monitoring, and reporting of grant-related expenditures in alignment with donor requirements and organizational standards. The role will support the development of proposal budgets, prepare internal and donor-facing financial reports, and ensure the alignment of grant budgets with the broader EduFinance budget.
RESPONSIBILITIES include the following. Other duties may be assigned
Grant Expense Tracking & Monitoring
- Review and provide coding guidance to ensure accurate allocation of grant and operational expenses.
- Verify that expenditures comply with both internal policies and donor-specific regulations.
- Maintain complete and organized documentation of grant-related financial transactions.
- Support staff with timely and compliant expense submissions, payments, and reconciliations.
- Track and manage funds transfers to subrecipients and grants to external parties.
Financial Reporting and Compliance
- Prepare monthly financial reports, including budget versus actuals, variance analysis, cash flow statements, and forecasts.
- Collaborate with the Finance team to record journal entries and adjust budget lines as needed.
- Maintain and update the EduFinance Available Funding Report to track restricted funding on a monthly basis.
- Prepare quarterly financial reports, ensuring audit-readiness and accuracy, which includes any donor-required reports.
- Train program and field teams on financial compliance requirements.
- Participate in internal and external audits, as well as donor monitoring visits.
- Oversee and monitor subrecipient financial management, including assessing partner capabilities, tracking expenditures, and conducting monitoring reviews.
Proposal Budget Development and Support
- Collaborate with Business Development and Philanthropy teams to draft and review cost proposals.
- Align budget proposals with both donor guidelines and programmatic goals.
- Develop tools and templates to support activity-based budgeting and costing.
Financial Reconciliation and Oversight
- Reconcile restricted funding reports with actual expenditures and program budget forecasts.
- Ensure that expenses are properly attributed to the relevant grants or funding sources.
- Flag discrepancies or funding gaps to Finance and program leadership.
QUALIFICATIONS
- Bachelor’s degree required in Accounting, Finance, or Economics, or a related degree.
- Minimum 5 years of professional experience in financial grant management, experience with institutional (USAID, FCDO, World Bank) or corporate funders preferred.
- Experience with accounting software required (preferred experiences with Financial Edge, Sun Systems)
- Proficient in Microsoft 365, with strong Excel skills required
- Excellent analytical skills, attention to detail, and accuracy.
- Passionate about Opportunity International’s mission to end poverty through financial inclusion and education.
LANGUAGE AND TRAVEL
- Fluent English required; knowledge of one or more local languages preferred.
- Willingness to travel domestically and internationally up to 10% of the time.
ABOUT EDUFINANCE
Our mission is to get more children into better schools with social finance. Opportunity EduFinance is working to address the global education crisis by increasing access to quality education and improving the quality of education. Through our Education Financial Products team, we work with financial institutions to provide private capital to increase the supply of education infrastructure through School Improvement Loans and reduce student dropout rates through School Fee Loans. Through our Education Quality program, we work with leaders of affordable non-state schools to help them improve conditions for learning and run more sustainable businesses. Learn more at www.edufinance.org
ABOUT OPPORTUNITY INTERNATIONAL
Opportunity International is a global non-profit that has been equipping people to build sustainable livelihoods and educate their children for 54 years. Opportunity provides 21 million families with innovative financial resources, training, and support to grow their small businesses and send their children to school. In 2024, Opportunity International and its partners helped fund 19,000 schools that reached 3.4 million children. We respond to Jesus Christ's call to love and serve people living in poverty. We seek to emulate the Good Samaritan, whose compassion crossed ethnic groups and religions. We serve all people regardless of religion, race, ethnicity, or gender. Discover more at opportunity.org or join the conversation on Facebook, LinkedIn, and Instagram.
CHILD PROTECTION COMMITMENT
Opportunity believes that all children have a right to protection from any form of abuse regardless of gender, culture, ethnicity, age, religion, sexual orientation, or ability. Opportunity operates in line with international best practices for child protection and recognizes its responsibility to ensure that all employees. This policy applies to anyone acting on behalf of Opportunity or is involved in its programs in any capacity. All employees are subject to background checks, which include criminal checks and sex offender list checks, as allowed by local law.