Chief Financial Officer: Philadelphia Works

3 weeks ago

Brynmawr, Blaenau Gwent, United Kingdom Bryn Mawr College Full time
Job Summary

The Chief Financial Officer (CFO) is a senior leadership position responsible for overseeing all financial matters of Philadelphia Works. The CFO reports to and works closely with the President & CEO, partnering with senior leadership and the Board to develop and implement strategies across the organization.

The CFO will oversee all fiscal compliance for contracts and grants, developing financial policy and reporting, and making appropriate recommendations to the Chief Executive Officer (CEO) and Board of Directors.

This position is responsible for the following duties:

  • Work with the President & CEO on the strategic vision, fostering and cultivating stakeholder relations on city and state levels, and assisting in the development and negotiation of contracts.
  • Provide necessary financial information and support to the VP of Operations in the development of the organization's investment strategy.
  • Develop finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction, and establishing functional objectives in line with organizational objectives.
  • Ensure strong programmatic obligation and spending analysis measures are in place, with monthly reporting of the analysis to the Operations staff.
  • Provide leadership on the development of efficient and effective standard operating procedures in Accounting, Contracts, and IT, and ensure all procedures are clearly communicated and accessible to key internal and external stakeholders.
  • Provide leadership in the development of continuous evaluation of short and long-term strategic financial objectives.
  • Ensure credibility of the Finance Business Unit by providing timely and accurate analysis of budgets, financial trends, and forecasts.
  • Direct and oversee all aspects of Accounting, Contract, and Information Technology functions.
  • Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies, and regulatory actions.
  • Establish and maintain strong relationships with Executive Leadership to identify their needs and seek a full range of business solutions.
  • Provide Executive Leadership with advice on the financial implications of business activities.
  • Provide recommendations to strategically enhance financial performance and business opportunities.
  • Ensure effective internal controls are in place to safeguard assets and ensure reliability of data and conformance with Federal and state requirements.
  • Direct the risk management process, including reviewing, negotiating, and procuring insurance programs and products.
  • Ensure adequate controls are installed and that substantiating documentation is approved and available, such that all purchases may pass independent and government audits.
  • Attend Board and subcommittee meetings, including being lead staff on the Finance Committee.
  • Overall responsibility for all external audits and monitoring reviews.
  • Serve as pension trustee and plan administrator.
  • Perform other job-related duties as assigned.
Requirements

The CFO must be able to analyze complex financial data, interpret, explain, and apply applicable laws, rules, regulations, and policies controlling budgetary and fiscal record keeping; interpret and provide accurate financial data to management to enable them to make business decisions.

Extensive knowledge of generally accepted accounting principles (GAAP), risk management, commercial insurance, and grant-reporting requirements is necessary. Must have knowledge of the Uniform Code at 2 CFR 200 and general cost allocation principles as they relate to federal grants and familiarity and experience with implementation and use of sophisticated financial management software.

Workforce development experience is a plus.

Eligibility Qualifications
  • Knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance, and reporting.
  • Proven executive-level leadership experience ensuring staff are accountable, approachable, efficient, and inclusive.
  • Excellent analytical and abstract reasoning skills, plus excellent organizational skills.
  • Experience interpreting a strategic vision into an operational model.
  • An effective communicator at all levels, with strong oral and written skills and a willingness to share information.
  • Ability to interact effectively with subcontractors, auditors, outside vendors, bankers, government officials, and all staffing levels.
  • Ability to train, motivate, and build a cohesive, team-oriented division.
What We Offer

Philadelphia Works offers qualifying full-time employees a competitive benefits program including medical, dental, vision, 401(k), tuition assistance, life, and disability. We also offer company-paid vacation, personal, and sick leave days.

Equal Opportunity Employer

Philadelphia Works is an equal opportunity employer and complies with all laws prohibiting discrimination based on race, color, religion, sex (including pregnancy, childbirth and related medical conditions, transgender status, and gender identity), gender, creed, age, national origin, ancestry, familial status, religion, physical or mental disability, veteran status, sexual preference, political affiliation, or any other basis protected by federal, state or local laws, in all matters pertaining to recruitment, selection, compensation, training, advancement and promotion, retention, discipline, and termination.

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