Finance Manager

Finance Manager

The Community Economic Development Association of Michigan (CEDAM) is seeking a skilled and enthusiastic person to join as the Finance Manager. This Manager will lead the day-to-day financial operations of the organization, report financials to management and the board of directors, work through the annual audit, and will be responsible for managing the organizational budget and forecasting.

BACKGROUND

CEDAM ( is a network of community champions building an equitable Michigan. We are a statewide coalition committed to community economic development. We build members' capacity, amplify their voices, and leverage resources to achieve lasting and systemic change for Michigan. Through engagement and collaboration, we sustain a thriving and equitable community economic development sector across the state.

CEDAM celebrates diversity of all kinds and is committed to providing a welcoming and non-discriminating environment for all who seek to work with us. Candidates can find additional information at cedamichigan.org/about/careers.

SCOPE OF WORK

The finance manager will be responsible for the overall financial management, recording, and reporting of the organization. This role also will manage the organization budget and provide future forecasting of the budget. In addition, the manager will work cross-departmentally to understand each program budget and facilitate the necessary information for grant reporting.

Finance Operations (35%)

Ensure a high level of integrity as it relates to recording of all financial transactions. Manage organization systems and review for improvements, as necessary.

• Record all financial transactions through QuickBooks daily
• Oversee the process for department invoices and receivables
• Oversee and accurately record all payables to ensure timely payments
• Work with leadership to update and maintain organizational financial policies
• Oversee the organizational annual audit
• Record all payroll entries
• Prepare monthly financial reports for leadership for the board of directors
• Perform monthly reconciliations of all key accounts
• Oversee preparation of annual tax returns
• Oversee completion of financial compliance materials

Organizational Budget (35%)

Collaborate with department leads to maintain an ongoing view of the organization's budget. Work with leadership to develop the budget including a multi-year view of the financial health of the organization.

• Advise leadership regularly on the budget, highlighting any areas of possible discrepancies
• Work regularly with each department director to update the projected needs and keeping the budget in order
• Develop new tools and enhance existing tools to best manage ongoing budget projections
• Present the budget to leadership and the board for approval each fiscal year

Grant Management and Reporting (20%)

Work with the grants and contracts team and department leads to process reports and manage the financial component of the organization's grants and contracts.

• Upon monthly reconciliation, generate department specific reports to be used for grant reporting needs
• Review and process incoming invoices for contractual payments
• Monitor overall grant tracking and update as necessary
• Support directors with future funding needs

Cross-Organization Support (10%)

CEDAM is a collaborative work environment that values teamwork. For this position, that means:

• Attend and participate in staff meetings
• Represent CEDAM at both external and CEDAM-hosted conferences and events
• Participate as reasonable in CEDAM organizational committees

This position falls within pay grade 4. We offer an annual salary of $75,000 for this position depending on qualifications.

THE IDEAL CANDIDATE

Anyone looking to work at CEDAM should share our commitment to diversity, equity, and inclusion ( For this position, we're looking for someone who is a Certified Public Accountant with a 4-year accounting degree. A minimum of 2-5 years accounting experience, and experience with grant accounting & reporting requirements. This candidate should also have knowledge of budgeting for an organization.

The ideal candidate will be:

Collaborative - Willing to communicate with your colleagues and partners through different mechanisms throughout the day, including via Slack, Zoom, phone and/or email.

Unflappable - Committed to creative problem-solving and keeping multiple projects moving at one time.

Relational - Excited to develop meaningful professional relationships with each member of the team and external partners.

Diplomatic - Able to balance competing priorities and plan without compromising our organizational integrity.

Growth-oriented - Interested in assessing program growth and/or funding opportunities

Due to the nature of CEDAM's work, the Finance Manager will be required to be on site at CEDAM's office at times and will require some travel for CEDAM events throughout the State.

WHY CEDAM?

CEDAM takes great pride in its collaborative environment, vibrant atmosphere, and welcoming team members. Our benefits package includes employer-paid health, vision, and dental insurance that start day 1 of employment and a strong retirement match after one year of employment. CEDAM employees also enjoy unlimited paid time off, recognition of all state and federal holidays, flexible work schedules, and a professional development budget.

The CEDAM team is currently working remotely until further notice, and new staff members have access to a home office stipend to assist with outfitting their space. Our office is located in the REO Town neighborhood in Lansing, MI, and is available to work from as needed.

The CEDAM team meets twice-monthly in Lansing. Candidates may be based anywhere in Michigan but must be willing and able to travel to Lansing and other areas of the state. Travel is reimbursed at the IRS rate (except for travel to the CEDAM office), but applicants do not need to own a car to be considered.