Grants and Finance Manager, Rocket Community Fund

The mission of the Rocket Community Fund is to support inclusive, thriving and resilient communities by making data-driven investments in housing, employment, and public life.

As the Grants and Finance Manager, this position supports every team member at the Rocket Community Fund (RCF) and all Rocket Community Fund partners by ensuring that all agreements are properly crafted, executed and tracked. Additionally, this position is responsible for the day-to-day coordination of the organization’s financial management of its grants and donations. To do this, the Grants and Finance Manager works closely with the Rock Central finance and accounting teams to track all payments – including grant payments, loan payments and invoices – accurately and in a timely manner. Lastly, this position works closely with anyone interested in applying for funding from RCF to ensure that they understand the application process and have a high-quality experience.

  • Manage and support grant/loan requirements and implementation for the organization
  • Ensure compliance with IRS regulations for all grants, sponsorships, loans and programs
  • Screen applications and maintain a complete electronic database for grants management
  • Keep relevant team members informed about changes to the grants management system and process
  • Identify and develop strategies to optimize the grants administration process
  • Develop and oversee standard terms and conditions for grant/sponsorship award letters, agreements and contracts
  • Monitor paperwork and other related documents connected with grant/sponsorship/loan funded programs
  • Provide professional customer service and technical support to ensure our partners’ experience is exceptional
  • Review all incoming grant/sponsorship/loan agreements for their financial requirements to provide advice on their application, feasibility and practical implementation
  • Oversee implementation and tracking of social impact investments and other specialized award instruments
  • Review and maintain the Rocket Community Fund budget; prepare budget reports, quarterly fund statements and grant reports
  • Reconcile accounts payable system with the grants management system and maintain monthly and quarterly budget-to-actual reports as requested
  • Analyze and report on general ledger account activity for variances from the budget
  • Serve as liaison between Operations and Information Management and Finance on compliance of banking regulations and disbursement of grant/sponsorship funds
  • Process payments related to grants/sponsorships and vendors
  • Undertake special projects as assigned or initiated
  • Keep abreast of accounting pronouncements and industry best practices with respect to revenue recognition and grant financial reporting for CSR programs
  • Pursue additional training in grant management requirements/regulations, as needed
  • Perform administrative tasks (information management, maintenance of financial aspects of grant files, document destruction, etc.) as needed
  • Maintain a strong commitment to the Rocket Community Fund’s mission and values and demonstrate that commitment in daily interactions

Minimum Qualifications  

  • 4 years of experience in grants management
  • Experience in a corporate philanthropy or foundation environment
  • Experience with process improvement and creative problem-solving skills
  • Experience applying generally accepted accounting principles

Preferred Qualifications  

  • 6 years of experience in grants management in a corporate philanthropy setting
  • Bachelor's degree in a related field or equivalent experience
  • Knowledge of Workday, Salesforce, Checkmate, Fluxx or a similar grants management system
  • Experience in accounting and audit preparation and with gathering, evaluating, presenting and reporting financial information
Hiring Organization: 
Rocket Community Fund
Grants and Finance Manager
City and State: 
Detroit MI

This is an outline of the primary responsibilities of this position. As with everything in life, things change. The tasks and responsibilities can be changed, added to, removed, amended, deleted and modified at any time by the leadership group.