Responsibilities of the Grant Accountant are to: Establish Banner grant file, compose new award memorandum, consult with PI and Departmental Admins at new award meetings and provide necessary training concerning award management. Enter award budget in Banner to appropriate university accounts/budget pools. Perform close-out procedures. Grant Monitoring and Fiscal Management, review/approve high audit risk expenditures, review/advise regarding cost allowability on project costs, conduct internal auditing of Travel, SpartanMart and P-Card transactions to identify areas of non-compliance and recommend remedial action. Evaluate award terms to provide assistance to PI/Department Admins and determine cost sharing requirements as needed.