Financial Analyst chez Detroit Employment Solutions Corporation

Description

The Financial Analyst works under the direction of the Fiscal Manager and in collaboration with the program and compliance departments to ensure financial and regulatory compliance across DESC’s grant portfolio. This includes oversight of state, federal, and local government grants, as well as other funding sources. The Financial Analyst performs regular financial reviews, forecasting, and reporting, and leads special projects aimed at improving efficiency and accuracy in grant management processes.   

Requirements

Essential Duties and Responsibilities 

Primary responsibilities include, but are not limited to:  

• Maintain and monitor all assigned grants and contracts to ensure accurate allocation of funds across allowable program expenses.  
• Provide financial analysis, post-award services, and compliance oversight in accordance with OMB Uniform Guidance and grant and contract requirements.  
• Manage post-award administration of grants, including financial reporting, record maintenance, and preparation of monthly, quarterly, and annual fiscal reports.  
• Serve as an internal monitor for federal awards and assist in developing agency policies for grant management and matching requirements.  
• Act as a fiscal resource to staff working on grant-funded programs. 
• Stay current on federal, state, county, and local funding regulations and requirements that impact DESC’s mission and operations.  
• Review payroll allocations across all grants to ensure accuracy and compliance.  
• Collaborate with the Planning and Resource Development team on grant budgets and proposals.  
• Partner with the Director of Finance & Accounting, Fiscal Manager, Staff Accountant, and program staff to identify and resolve fiscal concerns.  
• Monitor budgets to ensure appropriate use of funds and adherence to purchasing, inventory, and closeout requirements.  
• Review expenses against approved budgets and grant conditions for accuracy and compliance.  
• Establish and maintain organized electronic grant files using MIP/Abila, Launchpad and SharePoint.  
• Participate actively in cross-departmental meetings to support agency-wide coordination and compliance efforts.  
• Maintain open and regular communication with the Fiscal Manager regarding project status, issues, and recommendations.  

Performance Standards  

• Promotes high performance in self and others 
• Demonstrates independent, effective, and creative problem-solving 
• Maintains strong attention to detail and accuracy. 
• Conducts research and synthesizes financial data to inform policies and decisions. 
• Manages multiple high-priority projects with strong organizational skills. 
• Demonstrates expertise in accounting and financial management principles. 

Core Competencies  

• Analytical Thinking  
• Attention to Detail  
• Continuous Learning  
• Developing Others  
• Financial & Management Accounting  
• Using Financial Information  
• Using Information Technology  

Education/Experience  

• Bachelor’s degree in accounting or related field required. 
• Minimum of three (3) years of progressive experience in federal grant management.   
• Experience in nonprofit or governmental accounting is required. 
• Experience with MIP Fund Accounting software preferred.