City of Philadelphia · 6 hours ago
Chief Financial Officer
The City of Philadelphia is a vibrant employer that values inclusion and innovation. They are seeking a Chief Financial Officer to oversee all financial operations of the Department of Behavioral Health and Intellectual disAbility Services, ensuring fiscal stability and effective resource allocation while leading a diverse finance team.
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Responsibilities
Develop and implement a financial strategy that aligns with the department’s mission and the city’s long-term goals. Set clear financial priorities to support effective resource allocation, program funding, and sustainable growth, ensuring that financial planning supports the department’s strategic objectives
Communicate departmental priorities and strategy to subordinate employees, including the Health Fiscal Director, to ensure alignment and consistency across the finance unit
Oversee the development and management of the department’s budget, working with division leaders to allocate resources effectively and within budgetary constraints. Ensure budget proposals are data-driven and align with departmental priorities, presenting budget recommendations to department leadership and city officials
Conduct comprehensive financial analysis to support data-driven decision-making, including forecasting, scenario planning, and cost-benefit assessments
Manage cash flow planning, cash investments, and asset management to ensure fiscal stability and the availability of funds
Provide oversight of grants and other funding sources
Lead the accounting department to ensure accuracy, integrity, and compliance with city policies and accounting standards, and ensure the effective operation, maintenance, security, and backup of all financial systems, databases, and software
Establish and monitor internal controls to safeguard the department’s financial resources, ensuring strict compliance with local, state, and federal regulations. Identify financial risks and develop mitigation strategies to protect departmental assets and maintain financial stability
Oversee the preparation and communication of monthly, quarterly, and annual financial statements, serving as the primary liaison with external auditors, and managing the preparation and support of all external audits
Lead, mentor, and develop the finance team to foster a collaborative and high-performance work environment. Provide guidance and growth opportunities to team members, building a skilled finance workforce that supports the department’s objectives and adheres to high standards of accountability
Act as a key liaison to city officials, community stakeholders, and external partners on financial matters. Clearly communicate financial insights, budget priorities, and financial updates to internal and external audiences, promoting transparency and building trust in the department’s financial practices
And other duties as assigned
Qualification
Required
A bachelor's degree in Finance, Accounting, Business Administration, Public Administration, or a related field is required
8 or more years of progressively responsible experience in finance, accounting, or a related field, with at least 5 years in a managerial role
Licensed as a Certified Public Accountant (CPA)
Deep knowledge of budgeting, financial planning, resource allocation, and accounting practices specific to public sector operations
Comprehensive understanding of GAAP and other relevant accounting standards, as well as public sector-specific financial reporting guidelines
Knowledge of local, state, and federal financial regulations, including the ability to interpret and apply complex financial laws
Expertise in data-driven financial analysis, including forecasting, scenario planning, and performance metrics
Strong leadership skills to build, mentor, and manage a diverse finance team
Highly developed analytical skills to interpret complex financial data, assess trends, and make strategic recommendations
Excellent verbal and written communication skills, with the ability to convey financial information clearly to both financial and non-financial stakeholders
Strong problem-solving skills, including the ability to identify challenges, evaluate options, and develop effective solutions
Proficient in using financial management software, spreadsheets, and data analysis tools
Ability to uphold high ethical standards and demonstrate integrity in all financial activities
Capacity to respond effectively to changing financial conditions, regulatory updates, and evolving departmental needs
Ability to anticipate future financial trends and proactively develop strategies that ensure financial stability and growth
Strong dedication to fostering equity in financial practices, ensuring that resources are allocated fairly
Ability to work effectively with internal and external partners, building strong relationships and fostering collaboration
Preferred
A Master's degree in Finance, Accounting, Business Administration, Public Administration, or a related field is preferred
Benefits
Transportation: City employees get unlimited FREE public transportation all year long through SEPTA’s Key Advantage program. Employees can ride on SEPTA buses, subways, trolleys, and regional rail for their daily commute and more.
Parental Benefits: The City offers its employees 8 weeks of paid parental leave.
We offer Comprehensive health coverage for employees and their eligible dependents.
Our wellness program offers eligibility into the discounted medical plan
Employees receive paid vacation, sick leave, and holidays
Generous retirement savings options are available
Pay off your student loans faster - As a qualifying employer, City of Philadelphia employees are eligible to participate in the Public Service Loan Forgiveness program. Join the ranks of hundreds of employees who have already benefited from this program and achieved student loan forgiveness.
Unlock Tuition Discounts and Scholarships - The City of Philadelphia has forged partnerships with over a dozen esteemed colleges and universities in the area, ensuring that our employees have access to a wide range of tuition discounts and scholarships. Experience savings of 10% to 40% on your educational expenses, extending not only to City employees but in some cases, spouse and dependents too!
Company
City of Philadelphia
Philadelphia is the largest city in the Commonwealth of Pennsylvania, the fifth-most-populous city in the United States.
Funding
Current Stage
Late StageRecent News
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