Compliance Manager, Grants and Internal Controls

About the Organization

TechTown is Wayne States entrepreneurship hub. We empower Detroit-based startups and local businesses by providing resources collaborative workspace and education for entrepreneurs which will further accelerate inclusive economic development across Detroit.

About the Opportunity

The Compliance Manager of Grants and Internal Controls ensures that the organization adheres to federal state and organizational regulations related to grants. This role oversees grant management compliance manages internal controls prepares for Single Audits and ensures that federal form submissions are accurate and timely. Additionally the Manager will ensure that procurement policies and procedures align with grant requirements and organizational goals. This role will partner with our subsidiary Ops by sharing best practices and tools with the clients it serves.

The Impact You Will Make:

1. Grant Compliance Management:

• Monitor compliance with federal state and organizational grant funding regulations.
• Ensure all grants are administered according to their terms conditions and regulatory requirements.
• Serve as the primary point of contact for all grant-related compliance matters.
• Ensure that the required grant and financial data are collected and retained in accordance with defined policies in collaboration with Development and Digital Solutions.

2. Internal Controls and Risk Management:

• Develop implement and continuously evaluate internal controls to ensure grant funds proper management and safeguarding.
• Conduct regular assessments of financial systems and grant activities to identify risks and areas of improvement.
• Ensure that financial activities related to grants follow best practices and comply with all regulatory and organizational requirements.
• Oversee the implementation of corrective actions from previous audits or internal reviews.

3. Single Audit and Federal Form Preparation and Reporting:

• Manage the preparation of all required federal forms such as SF-425 SF-424 SF-270 and other relevant reports in accordance with grant regulations for submission by Development.
• Manage the preparation of sub-recipient agreements including applicable federal reporting risk assessments and monitoring.
• Manage the registration ASAP and be the financial point of contact for federal accounts.
• Ensure compliance with all Single Audit requirements under OMB Circular A-133 and other applicable federal regulations.
• Liaise with external auditors to provide necessary documentation and assist in the audit process ensuring a smooth audit experience.
• Address any audit findings discrepancies or areas for improvement and work with other departments to resolve them.

4. Procurement Policy Oversight:

• Ensure that the organizations procurement policies and procedures align with federal regulations especially in relation to grants.
• Oversee procurement activities related to grants ensuring all purchases contracts and subcontracts comply with relevant federal and organizational guidelines.
• Provide guidance on procurement requirements for grant-funded projects including vendor selection contract management and allowable costs.
• Conduct periodic reviews of procurement processes to ensure efficiency cost-effectiveness and compliance with internal and external policies.

5. Monitoring and Reporting:

• Track grant expenditures and ensure they are in line with approved budgets focusing on compliance and appropriate use of funds.
• Prepare and deliver financial and compliance reports to internal stakeholders auditors and the Development department for submission to funding agencies.
• Work closely with program managers to ensure accurate reporting of program activities and financial performance.

6. Training and Capacity Building:

• Develop training programs for staff to ensure a strong understanding of grant compliance internal controls procurement policies and audit preparation.
• Provide ongoing support and guidance to staff and departments involved in grant management and procurement activities.
• Stay informed on changes in regulations procurement requirements and compliance standards and communicate these to the team.

7. Policy and Procedure Development:

• Assist in developing implementing and updating organizational policies and procedures related to grant compliance internal controls procurement and financial management.
• Ensure all internal policies are aligned with federal state and local regulations particularly those related to grant-funded projects.

8. Collaboration and Stakeholder Management:

• Work cross-functionally with Development Data Management Human Resources Program management teams and other Finance team members to ensure seamless integration of financial grant and procurement activities to support the required reporting by funding agencies and transparency of grant financial activity.
• Collaborate with external auditors Development department and regulatory bodies to ensure compliance with all applicable requirements.

What You Will Bring to the Table:

• Bachelors degree in Accounting Finance Business Administration or a related field.
• Minimum of 10 years of experience in grant compliance internal controls procurement and financial management preferably in a nonprofit or governmental setting.
• Strong knowledge of federal grant regulations including OMB Circulars A-133 and A-110 and federal procurement regulations.
• Experience managing or preparing for Single Audits and submitting federal forms such as SF-425 SF-424 and other compliance-related reports.
• In-depth understanding of procurement policies and best practices especially in the context of federally funded projects.
• Strong ability to analyze financial data assess risks and develop solutions to ensure compliance and mitigate potential issues.
• Proficiency in accounting software Microsoft Office Suite and other relevant grant management tools.
• Certification in Grants Management (e.g. CGMS) or CPA preferred.
• Strong organizational and multitasking abilities with a keen eye for detail.
• Excellent communication skills both written and verbal with the ability to explain complex compliance issues to non-experts.
• Strong problem-solving skills and ability to address challenges creatively and collaboratively.
• Ability to work independently and in a team-oriented environment.

Salary:

The budgeted salary range for this position starts at $80000 and may be adjusted according to qualifications and experience.

The Perks:

TechTown offers generous health and dental plans as well as vision life insurance short-term disability a 401(k) plan and a team member assistance program. Full-time team members also receive:

• 100% TechTown paid Life STD and LTD benefits
• Wellness Inspired Workplace with a Wellness Program and onsite Wellness Room
• 5 Weeks of paid time off per year
• 23 paid holidays (including 2 weeks in December and 1 week in July)
• 10 Paid Mental Health Days per year
• $2500 Professional development stipend
• Retirement plan with employer matching up to 6%.
• Paid parental leave
• Creativity and innovation supported and encouraged by leadership
• Fulfillmentand the knowledge of having made an impact in Detroits economic growth

Work Arrangements:

This position allows for a hybrid work arrangement for scheduled in-office and remote days with required in-person collaborative meetings. This position does not have direct reports and reports to the Sr. Director of Finance and Compliance.

Accessibility:

At TechTown Detroit we are committed to fostering an inclusive accessible environment where all team members clients and tenants feel valued respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live in and serve and creating an environment where everyone has the opportunity to reach their potential.

If you are a candidate with a disability and need an accommodation to complete the application process email our Human Resources department at Include your full name best way to reach you and the accommodation needed to assist you with the application process.