Grant Accounting Manager

ABOUT KHAN ACADEMY

Khan Academy is a nonprofit with the mission to deliver a free, world-class education to anyone, anywhere. Our proven learning platform offers free, high-quality supplemental learning content and practice that cover Pre-K - 12th grade and early college core academic subjects, focusing on math and science. We have over 155 million registered learners globally and are committed to improving learning outcomes for students worldwide, focusing on learners in historically under-resourced communities.

OUR COMMUNITY 

Our students, teachers, and parents come from all walks of life, and so do we. Our team includes people from academia, traditional/non-traditional education, big tech companies, and tiny startups. We hire great people from diverse backgrounds and experiences because it makes our company stronger. We value diversity, equity, inclusion, and belonging as necessary to achieve our mission and impact the communities we serve. We know that transforming education starts in-house with learning about ourselves and our colleagues. We strive to be world-class in investing in our people and commit to developing you as a professional.

THE ROLE

We are looking for a highly motivated, detail-oriented Grant Accounting Manager with a growth mindset who excels in dynamic, evolving environments. As part of our small but impactful finance team, you’ll be critical in managing grant allocations and compliance within a $100 million budget for one of the most recognized nonprofit EdTech organizations globally.

Reporting to the Sr. Revenue Manager, the Grant Accounting Manager will manage monthly grant allocations and reporting, ensuring compliance with donor requirements and GAAP standards. This role is essential in supporting accurate, consistent financial tracking and reporting for grants, focusing on allocation management, grant-specific compliance, and clear documentation to aid internal and external reporting. This is an individual contributor (IC) role, not a managerial position, and does not require any staff management responsibilities.

Role Responsibilities:

Grant Allocation and Cost Analysis:

• Perform monthly grant allocations and revenue releases, ensuring alignment with restrictions, allowable expenses, and usage guidelines. 
• Collaborate with finance and product teams to accurately assign payroll and non-payroll expenses to grants based on usage, project needs, and funder guidelines.

Record-keeping and Compliance:

• Accurately document all allocations in financial systems, ensuring audit readiness.
• Support audits by preparing detailed reports and maintaining data integrity. 
• Work with the Sr. Revenue Manager to ensure compliance with funder requirements, including expense classification, restricted funds, and allocable costs.

Grant Reporting:

• Prepare grant spending and performance reports for funders. 
• Serve as a resource on cost allocation and direct cost classifications across departments. 

Month-End Close Support:

• Assist with month-end close tasks, including creating revenue schedules and performing revenue reconciliations as needed.

What You Bring

• 3-5 years of experience in accounting or finance within a nonprofit or grant-driven organization. Familiarity with grant compliance, allocations, and reporting is essential.
• Familiarity with GAAP, emphasizing revenue recognition and fund accounting principles (ASC 606, ASC 958) as applicable to nonprofits.
• Demonstrated experience in grant accounting, with an understanding of restricted and unrestricted grant requirements.
• Audit experience supporting grant or financial audits, including preparation of audit-ready schedules and reports, is highly desirable.
• Proficiency in accounting software (e.g., Intacct, NetSuite) and advanced Excel skills for financial analysis, data reconciliation, and reporting.
• Experience with monthly and quarterly close processes, including revenue reconciliations and schedule preparation.
• Strong analytical and problem-solving skills, with a focus on accuracy and attention to detail in managing allocations and expense classifications.
• Ability to work independently and manage multiple grants with varying restrictions and compliance requirements.
• Effective communication skills for cross-departmental collaboration with finance and product teams, and for handling funder and auditor inquiries.
• Motivated by the Khan Academy mission “to provide a free world-class education for anyone, anywhere."
• Proven cross-cultural competency skills demonstrating self-awareness, awareness of other, and the ability to adopt inclusive perspectives, attitudes, and behaviors to drive inclusion and belonging throughout the organization.

PERKS AND BENEFITS

We may be a non-profit, but we reward our talented team extremely well! We offer:

• Competitive salaries
• Ample paid time off as needed – Your well-being is a priority.
• Remote-first culture - that caters to your time zone, with open flexibility as needed, at times
• Generous parental leave
• An exceptional team that trusts you and gives you the freedom to do your best
• The chance to put your talents towards a deeply meaningful mission and the opportunity to work on high-impact products that are already defining the future of education
• Opportunities to connect through affinity, ally, and social groups
• And we offer all those other typical benefits as well: 401(k) + 4% matching & comprehensive insurance, including medical, dental, vision, and life

At Khan Academy we are committed to fair and equitable compensation practices, the well-being of our employees, and our Khan community. This belief is why we have built out a robust Total Rewards package that includes competitive base salaries, and extensive benefits and perks to support physical, mental, and financial well-being.

The target salary range for this position is $96,800 - $120,192.02 USD USD / $130,807 - $162,259.23 CAD CAN. The pay range for this position is a general guideline only. The salary offered will depend on internal pay equity and the candidate’s relevant skills, experience, qualifications, and job market data. Exceptional performers in this role who make an outsized contribution can make well in excess of this range.  Additional incentives are provided as part of the complete total rewards package in addition to comprehensive medical and other benefits.

MORE ABOUT US

• Sal’s TED talk from 2011
• Sal’s TED talk from 2015
• Sal's TED talk from 2023
• Our team:  http://www.khanacademy.org/about/the-team

OUR COMPANY VALUES

Live & breathe learners

We deeply understand and empathize with our users. We leverage user insights, research, and experience to build content, products, services, and experiences that our users trust and love. Our success is defined by the success of our learners and educators.

Take a stand

As a company, we have conviction in our aspirational point of view of how education will evolve. The work we do is in service to moving towards that point of view. However, we also listen, learn and flex in the face of new data, and commit to evolving this point of view as the industry and our users evolve.

Embrace diverse perspectives

We are a diverse community. We seek out and embrace a diversity of voices, perspectives and life experiences leading to stronger, more inclusive teams and better outcomes. As individuals, we are committed to bringing up tough topics and leaning into different points of view with curiosity. We actively listen, learn and collaborate to gain a shared understanding. When a decision is made, we commit to moving forward as a united team.

Work responsibly and sustainably

We understand that achieving our audacious mission is a marathon, so we set realistic timelines and we focus on delivery that also links to the bigger picture. As a non-profit, we are supported by the generosity of donors as well as strategic partners, and understand our responsibility to our finite resources. We spend every dollar as though it were our own. We are responsible for the impact we have on the world and to each other. We ensure our team and company stay healthy and financially sustainable.

Bring out the joy

We are committed to making learning a joyful process. This informs what we build for our users and the culture we co-create with our teammates, partners and donors.

Cultivate learning mindset

We believe in the power of growth for learners and for ourselves. We constantly learn and teach to improve our offerings, ourselves, and our organization. We learn from our mistakes and aren’t afraid to fail. We don't let past failures or successes stop us from taking future bold action and achieving our goals.

Deliver wow

We insist on high standards and deliver delightful, effective end-to-end experiences that our users can rely on. We choose to focus on fewer things — each of which aligns to our ambitious vision — so we can deliver high-quality experiences that accelerate positive measurable learning with our strategic partners.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, gender, gender identity or expression, national origin, sexual orientation, age, citizenship, marital status, disability, or Veteran status. We value diversity, equity, and inclusion, and we encourage candidates from historically underrepresented groups to apply.

As part of this commitment, Khan Academy will ensure that persons with disabilities are provided reasonable accommodations for the hiring process. If reasonable accommodation is needed, please contact [email protected]