Grant Accountant Opportunity Despite Limited Accounting Experience
Hello everyone,
I currently manage payroll at a non-profit college, and there’s now an opening for a grant accountant position that I’m interested in. However, the associate controller has raised concerns that juggling both grants and Accounting might be overwhelming for me. As I’m working towards my Master’s in Accounting, I’m weighing whether this role would be too demanding, or if it might hinder my future career prospects in accounting.
I’ve heard a lot from the associate controller and controller about my “potential,” but I’m ready to demonstrate what I can truly achieve. When I joined the team, I successfully revamped a struggling payroll department—so I know I have more to offer than just potential.
I’m contemplating whether gaining experience as a grant accountant would negatively impact my future job opportunities or actually facilitate a transition into an accounting role once I graduate. The pay increase would be substantial, yet I’m concerned it could be more of a setback than a step forward. My background includes some accounting experience in accounts payable, accounts receivable, and bank reconciliations, but overall, it’s still limited.
Do you think this opportunity is worth pursuing, or should I concentrate on completing my degree and seek other positions afterwards? I would greatly appreciate any insights!
One response
It sounds like you’re at a crossroads, and it’s great that you’re weighing your options carefully. Based on what you’ve shared, here are some points to consider:
Experience vs. Education: Gaining experience as a Grant Accountant could provide you with valuable skills and insights into Accounting practices that could complement your master’s degree. Grant Accounting has its own unique complexities, and having that on your resume might make you stand out to future employers.
Skill Development: If the role allows you to build on your existing skills in AP, AR, and payroll, it might accelerate your overall professional development. Consider whether the learning curve is worth the challenge. If you’re motivated and have the support you need, you might thrive in this environment.
Networking and Professional Growth: Taking this opportunity could connect you with professionals in the field, potentially leading to mentorship and further job opportunities down the line. If the current leadership sees potential in you, they might also be willing to support your transition by providing training or guidance.
Future Prospects: Experience in grant Accounting could be seen as a plus, especially if you are interested in working with NFP organizations or within the public sector. Many organizations value candidates with diverse experience, particularly if you can demonstrate an ability to manage fiscal responsibilities.
Workload Considerations: Assess the demands of the grant accountant position relative to your current workload and studies. If you believe you can balance it effectively, it may be a worthwhile risk. However, if you sense it will be overwhelming and detract from your studies, that’s an essential consideration.
Financial Incentive: A significant pay increase is an important factor. If the role provides enough financial stability to ease your situation while you continue your education, it could be worth the move.
Ultimately, it might be helpful to have a candid conversation with the associate controller about your concerns and the potential for support during your transition. Consider what aligns best with your career goals and personal capacities. Trust your instincts—if you feel ready to take on the challenge, it could be a great opportunity for you!