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Contract Banking Jobs in Michigan (NOW HIRING)

Perform monthly bank and credit card reconciliations and manage accounts payable/receivable functions. Government Contract Finance & DCAA Compliance Design, maintain, and defend the indirect rate ...

Perform monthly bank and credit card reconciliations and manage accounts payable/receivable functions. Government Contract Finance & DCAA Compliance * Design, maintain, and defend the indirect rate ...

Contract Paralegal

Detroit, MI ยท On-site

$25/hr

GENERAL JOB SUMMARY This is a CONTRACT position The Detroit Land Bank Authority (DLBA) seeks one or more Paralegals to perform a variety of activities, including preparing legal documents and filings ...

There is no guarantee this contract position will materialize into a full-time opportunity with the ... To perform moderately complex platform banking functions under supervision. Provide assistance ...

There is no guarantee this contract position will materialize into a full-time opportunity with the ... To perform moderately complex platform banking functions under supervision. Provide assistance ...

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Showing results 1-20

Contract Banking information

See Michigan salary details

$9.6K

$71.1K

$105K

How much do contract banking jobs pay per year?

As of Aug 31, 2026, the average yearly pay for contract banking in Michigan is $71,148.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,600.00 and $104,600.00 per year, depending on experience, location, and employer.

What is contract banking?

Contract banking refers to the provision of banking services, such as loans, accounts, or payment processing, under specific contractual terms between a bank and its clients. These contracts outline the responsibilities, rights, and obligations of both parties, and may include details like interest rates, repayment schedules, and service fees. Contract banking is commonly used in corporate finance, project finance, and trade finance to ensure clear agreements and manage risk. It helps both banks and clients establish trust and clarity in complex financial transactions.

What are the key skills and qualifications needed to thrive as a contract banking professional, and why are they important?

To excel as a Contract Banking professional, you need a deep understanding of financial regulations, contract law, and risk assessment, often supported by a degree in finance, law, or business. Familiarity with banking software, contract management systems, and compliance tools like KYC/AML platforms is crucial. Strong attention to detail, negotiation skills, and the ability to communicate complex terms clearly help you stand out in this field. These skills ensure accurate contract execution, minimize risk, and foster trust between clients and financial institutions.

What are some common challenges faced by professionals in contract banking roles, and how can they be addressed?

Professionals in contract banking often encounter challenges such as quickly adapting to different organizational cultures, rapidly learning new systems, and managing multiple client expectations within tight deadlines. To address these challenges, it's important to have strong communication skills, flexibility, and the ability to work efficiently in dynamic environments. Building a solid understanding of industry regulations and maintaining up-to-date knowledge of banking products also helps contract bankers deliver value to their clients and stand out for future opportunities.

What is the difference between Contract Banking vs Commercial Banking?

AspectContract BankingCommercial Banking
CredentialsTypically requires banking certifications, finance degrees, or relevant experienceSimilar credentials, often including finance or banking certifications
Work EnvironmentProject-based, flexible, often temporary rolesBranch or corporate office, ongoing client relationships
Employer & Industry UsageUsed by banks offering specialized contract services or project workTraditional banking institutions serving businesses and consumers
Search & Comparison IntentPeople seeking temporary or project-based banking rolesIndividuals interested in full-time banking careers

Contract Banking involves temporary, project-based roles within banks, often requiring similar credentials as commercial banking but offering more flexibility. Commercial Banking focuses on ongoing client relationships and traditional banking services. Both roles require relevant financial certifications, but their work environments and employment types differ significantly.

What are the most commonly searched types of Banking jobs in Michigan?

The most popular types of Banking jobs in Michigan are:

Infographic showing various Contract Banking job openings in Michigan as of August 2026, with employment types broken down into 2% As Needed, 80% Full Time, 12% Part Time, 2% Temporary, 3% Contract, and 1% Nights. Highlights an 89% Physical, 5% Hybrid, and 6% Remote job distribution, with an average salary of $71,148 per year, or $34.2 per hour.

Director of Finance

Mettle Ops

Madison Heights, MI โ€ข On-site

Full-time

Re-posted 16 days ago


Job description

Position Summary Mettle Ops is a Service-Disabled Veteran-Owned Small Business (SDVOSB) and SBA 8(a) certified defense contractor with multiple operating subsidiaries spanning engineering services, production & kitting, procurement, and commercial drone sales. We are seeking a Director of Finance to serve as the senior financial leader responsible for all accounting, financial reporting, government contract finance, and compliance functions across the Mettle Ops family of companies.This role owns the full scope of financial operations-from day-to-day general ledger management through DCAA-auditable indirect rate structures, bank covenant compliance, and executive-level financial reporting. The Director of Finance partners directly with the CEO and Contracts Manager on program financial performance, proposal pricing, and strategic initiatives including M&A integration and ERP implementation

Core Responsibilities Financial Reporting & General Ledger Own the monthly, quarterly, and annual close process across all entities, including consolidating and eliminating intercompany transactions. Prepare executive financial reporting packages: P&L trends, balance sheet analysis, gross profit margin by program, budget vs. actual variance analysis, and trailing-twelve-month dashboards.

Maintain the general ledger in the ERP system (Deltek Costpoint), ensuring accurate cost pool allocations and job-cost postings. Perform monthly bank and credit card reconciliations and manage accounts payable/receivable functions. Government Contract Finance & DCAA Compliance Design, maintain, and defend the indirect rate structure (Fringe, Overhead, G&A cascading pools) in accordance with FAR Part 31 cost principles and CAS requirements.

Prepare and submit incurred cost proposals and support DCAA/DCMA audits, rate negotiations, and forward pricing rate submissions. Build and maintain program-level Estimates at Completion (EACs), including cost performance tracking for CPFF, FFP, and T&M contract types. Support proposal pricing efforts with fully burdened labor rate calculations, basis of estimate documentation, and cost volume development for government solicitations.

Ensure ASC 606 / percentage-of-completion revenue recognition is properly applied and documented across all active contracts. Banking, Lending & Covenant Compliance Prepare and submit periodic bank covenant compliance packages including Fixed Charge Coverage Ratio (FCCR) and Debt-to-Tangible Net Worth calculations on a consolidating basis. Serve as the primary point of contact for banking and lending relationships, including revolving credit facilities, term loans, and equipment financing.

Manage loan draw requests, paydown schedules, and borrowing base certificate submissions. Evaluate and negotiate lending terms, credit facility structures, and covenant modifications to support business growth and acquisition activity. Monitor cash position and liquidity across all entities, coordinating intercompany funding and working capital needs.

ERP & Systems Lead the ongoing Deltek Costpoint implementation and optimization, including chart of accounts design, indirect rate pool configuration, and user training. Serve as the functional owner of all financial systems and oversee data integrity across platforms. Strategic Finance & M&A Support Support acquisition due diligence, purchase price allocation analysis, and post-close integration of acquired entities (financial systems migration, compliance certification transfers, backlog reconciliation).

Maintain buyer-ready financial documentation, KPI dashboards, and normalized EBITDA schedules in support of long-term strategic positioning. Provide financial modeling and analysis for new business opportunities, contract portfolio evaluations, and capital allocation decisions. Key Competencies Precision & Accountability: Penny-level accuracy in financial reporting with zero tolerance for reconciliation variances.

Government Contracting Fluency: Ability to speak the language of DCAA auditors, contracting officers, and program managers with equal confidence. Executive Communication: Skilled at translating complex financial data into clear, actionable briefings for senior leadership. Systems Thinking: Comfortable navigating multi-entity structures, cascading rate pools, and ERP configurations simultaneously.

Ownership Mentality: Self-directed professional who operates as the single point of accountability for all things financial. Compensation & Benefits Compensation is commensurate with experience and will be benchmarked to DCAA-defensible market data for Director of Finance-level positions in the defense contracting sector. A comprehensive benefits package is provided.