Budget Director

Detroit Employment Solutions Corporation•Detroit, MI

About The Position

The Budget Director is a critical leadership role designed to strengthen the organization’s financial sustainability and compliance across diverse funding streams, including federal, state, philanthropic, and corporate sources. This role will ensure accurate budgeting, strategic financial planning, and adherence to regulatory requirements, supporting the organization’s mission and long-term goals. This position will enhance fiscal oversight, improve transparency, and mitigate financial risk, aligning with best practices in nonprofit governance. The Budget Director will ensure the financial sustainability and compliance of the organization by managing all budgeting processes across federal, state, philanthropic, and corporate funding streams. This position is critical for maintaining fiscal integrity and supporting strategic priorities.

Requirements

Strategic Alignment
Mission Impact: Ensures resources are allocated effectively to advance the organization’s mission and long-term goals.
Governance Compliance: Supports adherence to federal, state, and grant regulations, minimizing financial risk.
Transparency: Provides clear, accurate financial reporting to leadership and the Boards.
Bachelor’s degree in Finance, Accounting, or related field (Master’s preferred).
CPA or other certification preferred.
Minimum 7 years of experience in budgeting and financial management.
Nonprofit experience and grant compliance expertise required.
Demonstrated experience uncovering root cause at the core of financial
Strong digital skills; prior experience building and/or leveraging accounting software and other technology for tracking and reporting strongly preferred.

Responsibilities

Budget Development & Oversight
Compliance & Reporting
Strategic Financial Planning
Internal Controls & Risk Management
Leadership
Oversee organization’s general ledger and budget management functions, including preparation of the annual budget
Coordinate with accounting staff on accounts, ledgers and reporting systems ensuring compliance with GAAP standards, regulatory requirements, and rules for nonprofits
Coordinate with finance staff on budgets, ledgers, and reporting ensuring compliance with all grant/funder rules and regulations
Advise on annual financial and single audit and 990 processes, serving as a liaison to the external auditor
Manage procurement staff to ensure planned expenditures are appropriately budgeted, allocated, executed, and paid.
Provide advice and counsel regarding financial matters and controls to organizational staff and leadership
Prepare and present monthly, quarterly, and annual financial information for review, (including explanations for variance analyses) and prepares cash flow analyses
Understand the system at a deep enough level to develop processes and procedures that ensure efficient operations, promote cross-functional handoffs, and exhibit solid financial controls to ensure data flows timely and accurately.