23 Director of Finance Jobs in Philadelphia, PA
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Philabundance is Hiring a Director of Finance Near Philadelphia, PA
The Director of Finance will function as an advisor to the CFO and Senior Leadership team for strategic planning purposes. The scope of this role will have direct oversight regarding all sides of accounting operations, including accounts payable, payroll, annual audits, budgeting and tax preparation. Additionally, this role will develop and maintain appropriate tracking methods for revenue and expenses. The Director of Finance will support the CFO in engaging the Board of Director's audit and Finance Committees around issues and trends in financial operating models and delivery.
Primary Responsibilities:
- Review monthly financial statements to include accurate analyses, summaries, and reports on the operating progress and status of the company.
- Create reliable cash flow projection process and reporting structure that includes minimum cash threshold to meet operational needs.
- Routinely review revenue cycle metrics to identify and address issues affecting overall performance activity.
- Manage the company’s compliance with local, state and federal regulatory matters.
- Consistently monitor and develop strategy for inventory forecasting and planning.
- Upgrade and implement an appropriate system of policies, internal controls, accounting standards and related procedures.
- Plan, plan coordinate and execute annual budget process.
- Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements.
- Maintain internal control and safeguards for receipt of revenue, costs, and program budgets and actual expenditures.
- Coordinate with the Controller on all audit activity including providing support to the CFO in engaging the Board’s audit and finance committees around issues and trends in financial operating models and delivery.
- Coordinate with and assist the Controller with all financial, project/program and grants accounting; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period; collate financial reporting materials for government, corporate, and foundation grants.
- Manage organizational cash flow forecasting by working in partnership with the CFO; continuously collaborate with program leadership to assess the financial efficacy of program operations and establish finance and administrative systems to support program operations.
- Manage and track the performance of invested assets in keeping with policies and investment guidelines.
- Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress and changes and keep senior leadership abreast of Philabundance's financial status.
- Coordinate with Accounting Manager the monthly close including the review of all general ledger transactions for accuracy, management of bank and investment account reconciliation process, preparation of workpapers, and journal entries to meet deadlines as necessary and complete quarterly board reporting package in an accurate and timely manner.
- Support and align with Philabundance Pillars. Ensure communications, actions and interactions reflect a positive focus on People, Partnerships, Professionalism and Progress.
- Bachelor’s degree required, ideally in accounting or finance. MBA preferred and CPA preferred.
- Min. 7 years in accounting, including min. of 3 years managing and developing others in a dedicated leadership role.
- Solid experience coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting for investments.
- Experience guiding financial decisions by establishing monitoring and enforcing policies and procedures.
- Previous experience setting up and maintaining processes to protect assets by monitoring and enforcing internal controls.
- Conducted audits, internally and externally.
- Previous budget management, develop, collaborate, and enforce policy and process.
- Reviewed and audited transaction and reporting processes.
- Previous non-profit accounting experience, knowledge of grants, 990’s, and 403B
- Experience in a diverse multi language environment. Fluency with Spanish a plus.
- Strong experience with accounting/financial software, databases, produce reports, communication, analysis and present internally and externally. (Microsoft suite, ppt, and Zoom/Teams) Advanced Excel knowledge. Accounting software, CERES a plus.
- Strong knowledge of GAAP and other accounting standards and practices, ideally with non-profit knowledge.
- Excellent interpersonal skills: ability to build strong relationships and work collaboratively with individuals and teams internally and externally.
- Experience guiding financial decisions by establishing monitoring and enforcing policies and procedures.
- Advanced management of team development, succession planning, consistent performance, rewards, discipline, and training as required.
- Proven organizational and communication skills, guide a team with levels and provide senior leadership team with necessary information on an ongoing basis.
- Successful experience with problem solving and ability to stay nimble in an evolving environment.
- Strong mathematical aptitude.
- A deep commitment to Philabundance’s mission
Job Summary
Full Time
Social & Legal Services
$190k-257k (estimate)
02/23/2024
04/23/2024
philabundance.org
PHILADELPHIA, PA
50 - 100
1984
Private
DAVID MILLER
<$5M
Social & Legal Services
Related Companies
The job skills required for Director of Finance include Accounting, Leadership, CPA, Financial Statements, Accounts Payable, Internal Control, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Finance. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Finance. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Director of Finance positions, which can be used as a reference in future career path planning. As a Director of Finance, it can be promoted into senior positions as a Top Division Financial Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Finance. You can explore the career advancement for a Director of Finance below and select your interested title to get hiring information.
If you are interested in becoming a Director of Finance, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Finance for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Director of Finance job description and responsibilities
A Director of Finance makes high-level decisions regarding a business’s health, leaving details for the finance and accounting departments.
01/03/2022: Schenectady, NY
Finance Director, given additional responsibility for managing pricing, proposal development; supply agreement approval.
01/27/2022: Salem, OR
Financial directors review any capital request and take on the approval process while the controllers of finance process the requests.
01/21/2022: Provo, UT
The duties of a Director of Finance are to manage the financial and accounting control functions of an organization.
12/20/2021: Racine, WI
They’re also commonly tasked with managing one or more corporate finance departments, such as accounting or payroll.
01/21/2022: Boston, MA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Director of Finance jobs
Becoming a director of finance requires a combination of education and relevant work experience.
02/26/2022: Sioux Falls, SD
They must also be good team players, with management skills to lead the finance department.
02/16/2022: Olympia, WA
At least 10 years of accounting and finance experience.
02/23/2022: Seattle, WA
Create partnerships with the other stakeholders.
01/04/2022: Phoenix, AZ
The Finance Director should have strong people skills, be a team player and be a proficient multitasker.
01/22/2022: Kingsport, TN
Step 3: View the best colleges and universities for Director of Finance.
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