Grants and Contracts Financial Manager

Title: Grants and Contracts Financial Manager

Reports to: Controller

Pay Range: $120,000 - $125,000

Location: San Francisco, CA.

This is a hybrid position, and candidates must be able to work three days per week in our San Francisco office.

Apply here: https://medasf.bamboohr.com/careers/218

JOIN OUR MEDA TEAM

The Mission Economic Development Agency (MEDA) is a community-based, local economic development organization, which, for over 50 years, has engaged individuals, families, and small businesses in community-building strategies. Rooted in the Mission and focused on San Francisco, MEDA’s mission is to strengthen low- and moderate-income Latino families by promoting economic equity and social justice through asset building and community development.

YOUR CAREER OPPORTUNITY

The Grants and Contracts Finance Manager is responsible for ensuring accurate, consistent, and timely accounting and compliance of the organization’s grants, including but not limited to, post-award grant accounting, budget modification as well as ensuring compliance with funding source administrative guidelines, timely receipt of revenue, accurate submission of financial and other related reports and grant regulations.

DUTIES & RESPONSIBILITIES

• Oversee Grants Accounting Team
• Review and understand grant terms and conditions to guarantee compliance with funder requirements
• Oversee and monitor monthly project expenditures to ensure alignment with approved budgets and compliance with relevant federal state, and other regulations (i.e. 2 CFR Part 200) as well as Generally Accepted Accounting Principles (GAAP)
• Review and prepare and submit timely invoices and report requests to funder agencies
• Review and prepare month-end/quarter-end compliance summary reports and collaborate with programs and support departments to prepare reports for funders
• Analyze grant budget versus actuals and collaborate with department heads to ensure spending is on track with departmental grant budget projections and manage amendments as needed
• Manage grant cancellations, amendments, and payment adjustments
• Oversee the post-award and closeout phases of financial grant management
• Prepare and review revenue journal entries including reclassification of costs & monthly accruals, TRNA Releases, Recognition of Deferred Revenue and other adjustments
• Knowledge of temporarily restricted net asset and deferred revenue accounting recognition rules
• Review monthly payroll allocation entries in relation to grant activities
• Responsible for Temporarily restricted net assets (TRNA) and Deferred Grant Schedules, AR Reconciliation, Schedule of Expenditures of Federal Awards (SEFA) and other revenue and audit schedules
• Maintain organized records and documentation to facilitate audit readiness
• Point of contact for compliance, fiscal and single audit requests, grants schedules, and open items lists
• Other duties as assigned

YOUR KEYS TO SUCCESS

To perform successfully in this role, you will need to leverage these key qualifications:

Education & Experience

• Bachelor’s Degree in Accounting or related field, or equivalent experience.

Core Competencies and Skills / Qualifications

• 5+ years of experience in the Nonprofit sector; including general accounting, and compliance experience.
• 5+ years of experience in budget development and grants management.
• Excellent verbal communication, active listening, writing, and editing skills.
• Strong team collaborator, is nimble & flexible, highly resourceful, able to wear many hats.
• Demonstrated ability to appropriately prioritize multiple projects, keep processes moving forward in a timely manner, problem solve, and meet tight deadlines.
• Can resolve complex issues quickly and collaboratively with programs, finance, and operations.
• Skilled in budget development, and expense allocation to support proposals and grants.
• Knowledge of GAAP including reporting requirements and procedures related to Federal, State, and other related grants, cost accounting, and uniform guidance audit.
• Expertise of principles and practices of contract/grant administration and monitoring and budgeting.
• Ability to manage contracts, requirements, policies, and procedures relating to grants, applicable laws, rules, and regulations.
• Ability to compile and analyze data and prepare summary status reports.

Software

• Experienced in fund accounting software, preferably MIP, Sage Intacct or similar ERP systems
• Proficiency in Microsoft Office, particularly Excel (pivot tables, vlookups)
• Proficient in Other relevant technologies such as Salesforce

YOUR MEDA EXPERIENCE

Do meaningful work in an innovative workplace while being challenged for your professional growth.

Joining MEDA means having meaningful experiences that develop achievers – from across the Mission neighborhood and from within our organization. We find meaning and fulfillment in our work as we see our community thrive and are driven to achieve better outcomes by challenging ourselves to innovate in our ways of working.

We offer a market-leading benefits program that reflects MEDA's values and mission. We invest in people's lives and support our own people's health and financial well-being.

Our core benefits include:

• Comprehensive medical, vision, and dental insurance for employees and their dependents – 100 percent covered by MEDA
• 401(k) plan for employees
• Generous paid time off - with a minimum of 20 days for new employees
• Employee Assistance Program that offers free financial or legal counseling to employees or their families
• Other forms of voluntary benefits

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Keywords

GrantsContractsFinancial ManagerAccountingComplianceBudgetManagementReportingAudit