Title: Grant Administrator

Location: Devens, MA

Type: Full-time

Workplace: remote

Category: Accounting

Job Description:

About Commonwealth Fusion Systems:

Commonwealth Fusion Systems is on a mission to deliver the urgent transition to fusion energy.

Combining decades of research, top talent and new technologies, we’re designing and building commercially viable fusion power plants. And working with policymakers and suppliers to build the energy industry of the future.

We’re in the best position to make it happen. Since 2018, we’ve raised over $2 billion in capital – more than any other fusion energy company in the U.S.

Now we’re looking for more thinkers, doers, builders, and makers to join us. People who’ll bring new perspectives, solve tough problems, and thrive as part of a team.

If that’s you and this role fits, we want to hear from you.

Join the power movement as a Grant Administrator

The Accounting team is looking for a Grant Administrator to coordinate and manage the Company’s Federal and State grants in compliance with internal and external requirements. The successful candidate will oversee the accounting set-up, ongoing administration, reporting, and closeout of CFS’ grants.

What you'll do

 

    Daily Activities
    Monitor and track grant expenses, ensuring alignment with approved budgets and compliance with federal cost principles
    Review and document grant-related financial transactions, including vendor payments and expense reimbursements
    Maintain detailed documentation of grant activities, expenditures, and communications
    Respond to inquiries from program staff, federal agency representatives, and other stakeholders
    Coordinate with project teams to ensure proper implementation of grant activities
    Track project timelines and deliverables to ensure completion within grant periods
    Monthly Activities
    Prepare and submit monthly financial reports to federal funding agencies
    Reconcile grant accounts and review budget variances
    Generate internal progress reports for leadership team review
    Conduct compliance reviews of grant expenditures and activities
    Facilitate monthly meetings with project teams to review grant progress
    Process draw-down requests for federal funds
    Ensure timekeeping meets Federal requirements and reconcile salaries and wages with accounting team
    Quarterly Activities
    Compile and submit quarterly performance reports to federal agencies
    Conduct detailed budget analysis and projections
    Update risk assessments and mitigation strategies
    Review and update policies and procedures as needed
    Coordinate quarterly program reviews with stakeholders
    Prepare specialized reports required by specific federal agencies
    Annual Activities
    Coordinate annual audit preparations for federal grants
    Prepare and submit annual performance reports
    Develop and maintain grant closeout procedures
    Review and update internal control systems
    Assist in preparing continuation or renewal applications
    Partner with Compliance team to update and maintain grant related procedures and policies

What we're looking for:

    Bachelors in a Business or Accounting Related Field
    5+ years of experience in federal grant or contracts administration
    Experience in federal grant management systems ( SAM.gov, etc )
    Demonstrated knowledge of federal regulations ( 2 CFR 200, FAR, SEFA )
    Excel/Google Sheets
    Major ERP Systems

Bonus points for:

    Experience working with Department of Energy
    CGMS Certification
    Odoo
    Tableau

Must-have requirements:

    Perform activities such as typing or sitting for extended periods of time
    Dedication to safety to mitigate industrial hazards that may include heat, cold, noise, fumes, strong magnets, lead (Pb), high voltage, and cryogenics
    Willingness to occasionally travel or work required nights/weekends/on-call

$80,000 - $180,000 a year

Salary range for this full-time position + equity + benefits. The actual salary will depend on level, location, qualifications, and experience. The range displayed on each job posting reflects new hire salaries for the position across all US locations. Benefits include:

• Competitive compensation with equity

• 12.5 Company-wide Holidays

• Flexible vacation days

• 10 sick days

• Generous parental leave policy

• Health, dental, and vision insurance

• 401(k) with employer matching

• Professional growth opportunities

• Team-building activities

LI-Remote

At CFS, we excel in fast-paced environments, driven by our values of integrity, execution, impact, and self-critique. As we grow, we’re eager to bring on mission-driven folks who offer diverse perspectives and fresh ways to tackle challenges.

We value diversity deeply and are proud to be an equal opportunity employer by choice. We consider all qualified applicants equally, regardless of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law.

Commonwealth Fusion Systems

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