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Grant Accounting Manager

Khan Academy is seeking a detail-oriented Grant Accounting Manager to manage grant allocations and compliance within a $100 million budget. Ideal candidates will have experience in accounting within a nonprofit organization.

Skills

  • Accounting software proficiency
  • GAAP familiarity
  • Analytical skills
  • Strong communication skills

Responsibilities

  • Perform monthly grant allocations and revenue releases
  • Document all allocations in financial systems
  • Prepare grant spending and performance reports
  • Assist with month-end close tasks

Education

  • Bachelor's degree in Accounting or related field

Benefits

  • Competitive salaries
  • Ample paid time off
  • Remote-first culture
  • 401(k) with matching
  • Comprehensive insurance
To read the complete job description, please click on the ‘Apply’ button
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CEO of Khan Academy
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Sal Khan
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Average salary estimate

$108496 / YEARLY (est.)
min
max
$96800K
$120192K

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What You Should Know About Grant Accounting Manager, Khan Academy

Join Khan Academy as a Grant Accounting Manager and play a vital role in shaping the future of education for learners all over the world! This dynamic position, located in the beautiful Mountain View, CA with the opportunity for remote work in the Continental US, Hawaii, and Canada, is perfect for a motivated and detail-oriented individual. You will be an integral part of our small but dedicated finance team, managing grant allocations and compliance within a significant $100 million budget. You will report to the Senior Revenue Manager and work closely with various departments to ensure monthly grant allocations are executed efficiently. Your responsibilities will include maintaining accurate records for audits, creating detailed reports, and collaborating with team members to align payroll and non-payroll expenses with grant usage and requirements. If you thrive in a fast-paced environment and have a passion for nonprofit work, you’ll find this role incredibly rewarding as you contribute to our mission of providing a free world-class education to anyone, anywhere. With a supportive culture that respects work-life balance, competitive pay, and generous benefits, we invite you to bring your unique skills and experiences to our mission-driven team at Khan Academy!

Frequently Asked Questions (FAQs) for Grant Accounting Manager Role at Khan Academy
What are the responsibilities of a Grant Accounting Manager at Khan Academy?

As a Grant Accounting Manager at Khan Academy, you will manage monthly grant allocations and reporting, ensuring compliance with donor requirements and GAAP standards. Your role will involve performing detailed grant allocations, documenting all financial activities to maintain audit readiness, preparing performance reports for funders, and assisting with month-end close processes. This position is key in supporting accurate financial tracking and managing compliance standards related to our significant budget.

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What qualifications are required for the Grant Accounting Manager position at Khan Academy?

The ideal candidate for the Grant Accounting Manager role at Khan Academy should possess 3-5 years of experience in accounting or finance, specifically within a nonprofit or grant-driven organization. Familiarity with GAAP principles, grant compliance, and financial reporting is essential. Experience with audit procedures, proficiency in accounting software like Intacct or NetSuite, and strong analytical skills will set you up for success in this position.

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Is prior non-profit experience necessary for the Grant Accounting Manager role at Khan Academy?

Yes, prior experience in a nonprofit or grant-driven organization is highly valued for the Grant Accounting Manager position at Khan Academy. This role demands a strong understanding of grant compliance, allocations, and reporting that is often unique to the nonprofit sector. Candidates with this background will be better equipped to navigate the intricacies of financial management in an impactful environment.

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What skills will benefit someone applying for the Grant Accounting Manager position at Khan Academy?

Strong analytical and problem-solving skills are crucial for a Grant Accounting Manager at Khan Academy, alongside attention to detail and accuracy in managing financial allocations. Effective communication skills are also essential, as you will collaborate with various teams and interact with funders and auditors. Proficiency in advanced Excel and other accounting software will further enhance your ability to excel in this role.

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What is the work environment like for the Grant Accounting Manager at Khan Academy?

The work environment for the Grant Accounting Manager at Khan Academy is both collaborative and flexible, with a remote-first culture that prioritizes work-life balance. You’ll be part of a supportive team that values diversity and invests in the professional development of its employees. This is an individual contributor role, allowing you to focus on making significant contributions without managerial responsibilities, while also connecting with colleagues who share a passion for education.

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Common Interview Questions for Grant Accounting Manager
Can you describe your experience with grant compliance and reporting?

When answering this question, provide specific examples of your previous roles where you handled grant compliance and reporting. Highlight any interactions with funders and how you ensured adherence to their guidelines. Discuss any challenges you faced and how you overcame them, emphasizing your detail-oriented approach.

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How do you approach grant allocation and revenue recognition?

In responding to this question, explain your methodology for carrying out grant allocations by citing key principles of GAAP. Describe any systems or processes you implement to ensure accurate expense classification and compliance with allocation guidelines. This is also a good opportunity to share any tools you use to streamline these processes.

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What software tools are you proficient in, and how do they benefit your work as a Grant Accounting Manager?

Discuss your experience with accounting software like Intacct or NetSuite, and elaborate on how these tools enhance financial tracking, reporting, and compliance. Share examples of any specific functionalities that have helped you manage complex allocations or reconciliations effectively.

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How do you ensure accuracy and detail in your financial tracking?

To effectively respond, talk about specific strategies or checks you implement that ensure accuracy in financial documentation and reporting. Illustrate this with an example of a time when you identified discrepancies or errors and how you rectified them.

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What steps do you take during the quarter-end and month-end close processes?

In your answer, detail the specific tasks you perform during month-end and quarter-end close processing, including any reconciliations, schedule preparation, and reporting activities. Emphasize your organizational skills and how you use checklists or timelines to manage deadlines.

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How do you handle communication with auditors regarding grant audits?

When asked about interacting with auditors, describe your approach to maintaining transparency and cooperation. Mention any past experiences where your communication skills helped facilitate the audit process and how you prepared relevant documentation and reports.

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Can you describe a challenging grant-related issue you've dealt with and how you resolved it?

Select an instance from your past where you faced a significant challenge related to grant compliance or allocation. Discuss your thought process in addressing the issue, outlining the steps you took and the successful outcome that followed.

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What motivates you to work in nonprofit finance, specifically at Khan Academy?

Reflect on your personal commitment to educational equity and the mission of Khan Academy. Express why working for a nonprofit organization resonates with you and how you believe your financial expertise can contribute meaningfully to the cause.

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How do you prioritize tasks when managing multiple grants with different requirements?

In addressing this question, share your methods for organizing and prioritizing your workload, such as using project management tools, techniques for time management, and establishing clear milestones for each grant. Describe a situation where you successfully managed competing demands.

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What does diversity, equity, and inclusion mean to you in the context of your work?

Your response should reflect your understanding of diversity, equity, and inclusion as fundamental values. Share specific examples from your experience where you played a role in promoting inclusivity within your teams or organization and how that relates to financial practices in the nonprofit sector.

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Our mission is to provide a free, world‑class education for anyone, anywhere.

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BADGES
Badge ChangemakerBadge Flexible CultureBadge Future MakerBadge Work&Life Balance
CULTURE VALUES
Inclusive & Diverse
Diversity of Opinions
Growth & Learning
Mission Driven
Social Impact Driven
Empathetic
BENEFITS & PERKS
Dental Insurance
Flexible Spending Account (FSA)
Health Savings Account (HSA)
Vision Insurance
Performance Bonus
Family Medical Leave
Paid Holidays
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$96,800/yr - $120,192/yr
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
January 3, 2025

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