Chattanooga, Tennessee
Dulles, Virginia
Ashland, Wisconsin
Ashland, Wisconsin
San Antonio, Texas
Posted: 18-May-23
Location: Detroit, Michigan
Type: Full Time
Salary: $100,000
Preferred Education:
Additional Information:
The Southeast Michigan Grants Coalition (SEMGC) is a subsidiary of the Detroit Regional Partnership (DRP), formed in response to the Economic Development Administration's Build Back Better Regional Challenge. The EDA awarded the region a $52 million Build Back Better grant, funding six unique projects under the Global Epicenter of Mobility (GEM) to help the region and country maintain its global automotive leadership. SEMGC serves as the GEM initiative's central administrative body, supporting the work of its six core projects.
Through an inclusive and equitable lens, GEM will help the Detroit Region redefine every aspect of mobility - from the cutting-edge technology that moves people and goods in new and exciting ways to creating quality new jobs and readying new sites for business. GEM’s vision is to accelerate economic growth by building on the region’s unrivaled mobility assets. It will create a smart, secure, sustainable, and inclusive advanced-mobility industry, starting with the transition to next-generation electric, autonomous, and fully connected vehicles. Simply put, it will support workers, startups, and companies as they adapt to the new high-tech advanced mobility industry as it rapidly evolves. We are building an inclusive prosperous 21st century in which every resident will benefit.
In this newly created, grant-funded role, the Director of Finance reports to GEM’s Executive Vice President. The Finance Director will support nonprofit start-up financial activities, ensure compliance with federal government grant accounting and procurement practices (2CFR 200), and support a shared services structure with DRP. With your deep knowledge of federal funding (Economic Development Administration) compliance and reporting, financial acumen, and effective internal administration, you will excel in this dynamic, mission-driven role.
The Director of Finance will be responsible for the following:
Finance, Compliance & Audit
- Coordinate and manage the financial operations of SEMGC
- Manage relationship with accounting vendor; establish accounting architecture
- Manage SEMGC’s banking relationship (open accounts, establish credit/signers)
- Support the implementation and oversight of the Shared Service Agreement between SEMGC and DRP.
- Direct the reconciliation of bank statements and prepare monthly financial statements
- Manage and coordinate the preparation of the budget
- Oversee daily finance entries
- Oversee vendor 1099 filings
- Oversee the accounts receivable and payable processes
- Oversee the maintenance of operational accounts and review monthly reconciliations
- Oversee the accurate assignment of operational expenses and supporting documentation
- Select and manage audit vendor; manage SEMGC’s internal annual audit process and grant-mandated federal audits
- Oversee time management software for GEM/DRP grant team in ClickTime
- Draft board of directors’ treasurer reports
- Organize regular meetings with leadership to review the financial health and practices of the organization
- Prepare and execute EDA financial reimbursement requests following federal compliance requirements (invoicing, personnel costs (indirect/indirect)
- Ensure requirements for monitoring and financial reporting are met for all federally-funded grant activity as required by 2 CFR Part 200
- Reconcile monthly organization indirect cost rate
- Monitor compliance with federal regulations and spending of subcontracted agencies
- Review subcontracted agencies quarterly reports and oversee and track payments to subcontracted agencies
- Monitor and prepare various schedules and filings with local, state and federal agencies
- Oversee preparation of the SEFA and Single Audit
- Lead, with support from Financial Services Provider, all audit activities (standard and federal single)
When you join the Detroit Regional Partnership, you will be part of a small but talented team – a mission-minded group of individuals you will be proud to work with.
Are you ready to do what you love with us? Submit your resume and any relevant supporting materials for consideration to Darrell Maurer darrell.maurer@detroitregionalpartnership.com.
DRP is an equal opportunity employer committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws
- Bachelor’s degree in finance, accounting or related field
- 5+ years of experience in nonprofit/grants finance or similar industry
- Strong knowledge of grant accounting
- Strong knowledge of federal expenditure and procurement regulations
- Excellent leadership, written, and verbal communication skills
- Strong analytical, problem-solving, and team-building skills
- Highly organized and detail-oriented
- Proficient in Microsoft Suite and QuickBooks
- Proficient with Federal grants online systems (Pay.gov, Grantsonline.gov, ASPA.gov)
- Proficient with Federal 2CFR 200
