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Director of Budget and Grant Compliance with GEARUP - Internal Only at State of Colorado, CO

State of Colorado, CO · Denver, United States Of America · Hybrid

$99,047.00  -  $103,133.00

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About the Department

Under general supervision, the Director of Budget and Grant Compliancemanage the budget, scholarship trusts, grant compliance and project management for Colorado GEAR UP. This position is responsible forfiscal oversight of the program’s$17.5 million operational budget and the $17.5 million scholarship trust.


Term Limited Notice

This position is term-limited and is expected to conclude on September 30, 2026. The position may be renewed annually through September 30, 2032, as long as funding is made available by the U.S. Department of Education. However, the continuation of this role is contingent upon funding from the U.S. Department of Education.


Supervision Exercised

This position does not supervise any employees. 


Scope of Responsibilities

This intermediate level position independently performs specialized budget and grant compliance duties supporting the GEAR UP program. Positions at this level exercise judgment and initiative in their assigned tasks, receive only occasional instruction or assistance as new or unusual situations arise and are fully aware of the operating procedures, practices and policies of the work unit.


Position Duties

The duties listed below reflect the different types of work that may be performed. The omission of any specific duty will not prevent the assignment of work that is appropriately related to this position.


Budget Policies and Procedures

  • Review, interpret and implement federal legislation, rules, regulations, directives, and guidelines of the grant anmonitorrequested responses to the federal government and/or auditors

  • Implement and maintainthe integrity of the state accounting policies and procedures


Accounts Payable/Receivable

  • Review and approve transactions and process financial transaction documents within the state accounting system.Review, approve and manage all purchases for the project

  • Review, approve and manage all P-Card expenses and monthly reconciliation

  • Review, approve and manage payments of invoicesreimbursements and contract payment disbursements

  • Negotiate, approve, and manage contracts, indirect and cost share agreements.

  • Plan, organize and oversee logistics for contracts, including conferences, retreats, meetings, workshops, travel and student related activities

  • Review and approve employee travel and project activities reimbursements in accordance with state fiscal rules

  • Manage timesheets and approval for bi-weekly payment for tutors

  • Establish and maintain vendor relationships for products and services, including price negotiation

  • Code and track expenses, record revenue and balance spending for the project


Budget Management

  • Manage the cash revenue from the federal draw system and execute drawdowns

  • Create and manage the annual budget for the Colorado GEAR UPgrant

  • Create and monitor a quarterly and annual forecast

  • Reconcile all general,grant ledger expenditure accounts and fund allocations and create reports with current data for decision making

  • Create, update, and maintain logs for all transactionsensuring proper documentation support, chart of account coding and authorization and accuracy


Reporting

  • Prepare and analyze specific high-level reports to show the budget-to-actual budget status and budget projections monthly, quarterly and annually

  • Investigate, research and interpret fiscal data in various reporting systems

  • Complete the budget sections of the federal Annual Performance Report and the Final Performance Report and conduct ongoing monitoring throughout the grant cycle


Scholarships

  • Oversee and monitor the Colorado GEAR UP Scholarship trusts expenditures

  • Approve scholarship disbursements as needed

  • Reconcile scholarship disbursements and refunds monthly using multiple systems

  • Monitor and record interest revenue from the trust account

  • Prepare monthly, semester and annual reports to show budget-to-actual status

  • Complete the scholarship section of the federal Annual Performance Report and the Final Performance Report


Grant Compliance

  • Manage and oversee in-kind contributions with high school staff and high school partners

  • Manage and oversee scholarship match with participating institutions of higher education and other scholarship programs

  • Manage and oversee in-kind contribution opportunities with third party entities

  • Manage federal time and effort reporting for grant staff

  • Prepare semester and annual reports to show match progress

  • Manage and complete the match section of the federal Annual Performance Report and the Final Performance Report

  • Provide training and support for field staff on in-kind contribution-related policies and procedures and support for partners


Project Management

  • Project management tasks will vary and will change month-to-month as program activities change through each phase of the project. Project management tasks include, but are not limited to,precollegiate services, postsecondary services, database platforms and communications tools.


Minimum Qualifications

Education and Experience

Any combination of experience and education that would likely provide the required knowledge and abilities is qualifying.  A typical way to obtain the knowledge and abilities would be:


Substitution: Four (4) years of experience in a related field can replace the education requirement of a bachelor’s degree


Education:

Bachelor’s degree from an accredited university or college in accounting, finance, or a related field


Experience:

  • Four (4years of experience with professional accounting/budget includinggeneral ledger and reconciliation


Licenses and Certifications:

  • Valid Colorado driver’s license and compliance with all requirements for driving astatevehicle are required throughout the term of employment


Preferred Qualifications

Education:

Master’s degree from an accredited university or college in accounting, finance, or a related field


Experience:

  • Two (2) years of experience with CORE (accounting system) and InfoAdvantage (reporting system)

  • USDOE Federal grant experience including knowledge of federal fiscal rules and regulations, grants compliance and reporting 

  • Experience writing grants

  • Experience working in state or local government

  • Two (2) years of supervisory experience in a professional setting

  • Two (2) years of professional experience working in a high school or college setting


Knowledge of:

  • Standardoffice practices, procedures, software and equipment, including the use of personal computers, telephones, Zoom, and Microsoft Office (Excel, Word, PowerPoint, Outlook, and Teams)

  • State statutes, rules and regulations, policies, procedures, and guidelines

  • Financial aid, college admissions, college placement and admission assessments, concurrent enrollments and scholarships

  • General accounting practices and standards, including GAAP, GASB

    Additional benefits

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