Financial Vice President
11 hours ago
New Kensington Community Development Corporation (NKCDC) is a community development corporation committed to sustainable development in housing opportunities, economic development, vacant land strategies, community engagement, and real estate development. The organization is currently one of only two community development organizations in the City of Philadelphia that are chartered members of the NeighborWorks America network. Our current work using a trauma-informed community engagement model, applying a racial equity lens across the organization, and leading programs at the intersection of health and housing are keeping NKCDC at the cutting-edge of community development. NKCDC draws on the strengths of the communities in Kensington, Fishtown, and Port Richmond — a population of over 62,800, 23% of whom live below the federal poverty level — to make sure neighborhood development benefits all residents.
Job SummaryThe Vice President of Finance manages accounting and financial systems for New Kensington Community Development Corporation, a 501(c)(3) nonprofit organization, as well as related business and operational affairs of the organization, including financial operations and accounting and information system. The position serves as a key member of the management team and reports directly to the Executive Director. Additionally, the VP of Finance supervises the Accounting Specialist, and works closely with Human Resources and the Board of Directors, the organization's ruling body. The VP of Finance also serves as a liaison to the Financial Controls Committee.
Key Responsibilities- Provide financial guidance to the Executive Director for strategic and financial planning purposes.
- Prepare monthly financial reports for the Board of Directors.
- Meet with the Financial Controls Committee on a regular basis to assess current cash flow, financial well-being, and other accounting issues.
- Supervise Finance staff, including the Accounting Specialist and any contractors.
- Work closely with the Accounting Specialist to maintain accurate bookkeeping and recording processes, including accounts payable, accounts receivable, check requests, and tax preparation.
- Assist Human Resources with payroll and benefits administration, and time and labor management.
- Provide financial needs and requirements for grant and contract applications and close-outs.
- Review financial content of contracts and maintain accounting systems to fulfill contract obligations.
- Assess, develop, and assist in the implementation of management, budgeting, bookkeeping, and internal control systems.
- Maintain a system of checks and balances to ensure the organization is following all Generally Accepted Accounting Principles (GAAP) guidelines and internal accounting policies.
- Provide development and execution of more effective accounting processes to improve and foster growth and strength within the organization.
- Work with the Executive Director to ensure day-to-day financial operations are healthy and consistent with the long-term direction of the organization.
- Review affiliated partnership companies' financial statements and assist with annual audit and tax returns.
- Demonstrated experience as a supervisor with an emphasis on the professional development of staff.
- Demonstrated experience fundraising from the public and private sector with an emphasis on developing emergent program/project areas and fundraising for sustainability of existing effective programs and projects.
- Exemplary interpersonal communication skills.
- Advanced experience and training/certification in non-profit finance leadership required.
- Bachelor's degree in accounting or finance highly desired.
- Minimum 7 to 10 years of accounting experience with a successful track record of reporting on funds from foundations, corporations, and government sources.
- Knowledge of accounting principles and procedures.
- Keen understanding of (and prior experience utilizing) evaluation and assessment tools for measuring, analyzing, and communicating outputs and outcomes.
- Prior experience in developing, managing, and forecasting budgets at a program, departmental, and organizational level.
- Ability to work independently, prioritize work, take initiative, manage multiple tasks, and meet deadlines.
- Knowledge of Abila/Sage MIP.
- Knowledge of IT/Systems and MS 365/Other conversion experience highly desired.
- Knowledge of Participatory Budgeting processes preferred.
- Knowledge of City of Philadelphia contracting and invoicing processes.
New Kensington Community Development Corporation is an equal opportunity employer and welcomes applications from diverse candidates.
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