Accounting and Grants Manager

About LEDC:

The Latino Economic Development Center (LEDC) is a private, non-profit 501(c)(3) community development organization founded in 1991. LEDC is a local certified Community Development Financial Institution (CDFI) and HUD-Certified Housing Counseling agency committed to deepening its impact, strengthening institutional resilience, and positioning the organization as a long-term leader in economic development across the Washington Metropolitan Region. LEDC’s mission is to drive the economic advancement of Latinos and local communities by closing critical gaps in access to capital, knowledge, and opportunity.

Through an integrated approach that combines financing, technical assistance, and housing support, LEDC equips entrepreneurs and families to build stability, grow assets, and achieve long-term prosperity. LEDC is headquartered in Washington, DC, and has offices in Arlington, VA;
Baltimore, MD; and White Oak, MD; in addition to managing the Financial Empowerment Center in Wheaton, MD.

LEDC catalyzes economic advancement of Latinos and local communities by bridging the gap to capital and resources to achieve financial prosperity.

The Finance team supports LEDC’s mission by ensuring strong financial stewardship, accountability, and compliance across the organization. The team manages financial reporting, budgeting, grant and loan accounting, audits, and internal controls to support informed decision-making and responsible use of resources.

Working collaboratively across departments, the Finance team plays a key role in maintaining financial integrity while supporting the programs and services that advance economic opportunity in the communities LEDC serves.

The Accounting & Grants Manager owns LEDC's grant accounting and compliance function, from budget monitoring and funder-facing reporting to grant contract and proposal review. Reporting to the Director of Finance, this role directly supervises the Grants Management Accountant and serves as the Finance team's primary point of contact for program directors on budget matters. This role balances hands-on oversight of grant-related accounting work with the supervisory and external-facing responsibilities of a manager.

Given the size of the Finance team, this role is also expected to stay flexible and support accounting tasks, currently led by the Accounting Manager, as organizational needs require, particularly during high-volume periods or staff absences.

• Own monitoring of grant spending and allocation across the grant portfolio, and share budget updates with the Finance team on a weekly basis.
• Lead monthly budget meetings with program directors (Housing & DCI, and Business & Lending) to discuss budget status and needs.
• Lead projection and planning of grant expenses, and review department-level quarterly actuals- vs-budget comparisons before they go to program leadership.
• Prepare and lead budget modification packages, including funder-facing modifications.

• Review grant contracts for financial terms and compliance requirements.
• Lead grant proposal budgets and financial narratives in partnership with the Development team and program leadership.
• Review and approve grant budget dashboards and reports, budget maintenance, and grant-related AP entries (budget-related A/P adjustments, DCI grant disbursements, NACHA payment processing) prepared by the Accountant.
• Review biweekly payroll reallocation to grants, quarterly payroll reallocation breakdowns, and timesheet review prepared by the Accountant.
• Review monthly and quarterly grant program reports ( Housing, Small Business and Lending) and Sage grant-project maintenance and close-out work.
• Maintain oversight of grant budget documentation and Finance forms related to grants.

• Directly supervise and develop the Grants Management Accountant, reviewing and approving their grant accounting work and providing coaching and professional development.
• Actively contribute to Finance team planning and priorities as part of the…