Chief Financial Officer, People’s Emergency Center

Posted by on April 24, 2011

Chief Financial Officer

Qualifications

Bachelor’s Degree required; MBA preferred; Real estate accounting experience or a CPA is a plus. Must have a minimum of 12 years of broad nonprofit experience. Demonstrable passion for PEC’s mission; a hands-on manager with integrity and a desire to work in a dynamic environment. Mature and proactive, with evidence of having worked as a true business partner to the President and CEO of a multi-divisional organization. Strong analytical skills and experience interpreting a strategic vision into an operational model. An effective communicator at all levels in the organization, with strong oral and written skills and a willingness to share information. A collaborative and flexible style, with a strong service mentality. Creativity, with experience funding activities in ways that both cover costs and generate operating margins.

Reports to: President and CEO

Responsibilities
Reporting to and partnering with the President and CEO, the Chief Financial Officer (CFO) will play a critical role in developing and implementing the growth and success of the People’s Emergency Center. As a member of the senior leadership team, the CFO will be an advisor to the program vice presidents, evaluating and assisting them with their financial plans and economic modeling. The CFO will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization and its related entities, in conjunction with the finance, audit and investment committees of the board and the boards of these related entities.
Strategy As a true business partner to the President and program vice presidents, assess organizational performance against both the annual budget and PEC’s long-term strategy. Develop tools and systems to provide critical financial and operational information to the President and CEO and make actionable recommendations on both strategy and operations. Engage the board finance, audit, and investment committees around issues, trends, and changes in the operating model and operational delivery. Develop and implement long-term budgetary planning and cost management processes in alignment with PEC’s strategic plan, especially as the organization considers sponsorships, potential acquisitions, and collaborations with external organizations.

Financial and Operational Management For PEC’s Foundation, two nonprofit entities, and four limited partnerships, oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate generally accepted accounting principles, regulatory requirements, and Office of Management and Budget audit requirements. Maintain internal control safeguards and coordinate all audit activities.

Manage cash flow and forecasting. Develop a reliable cash flow projection process and reporting mechanism that establishes minimum cash thresholds to meet operating needs. Optimize the handling of banking relationships and initiate appropriate strategies to enhance cash positions. Coordinate the development and implementation of operating, program and capital budgets so as to monitor progress. Present financial metrics both internally and externally. Represent PEC to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc. Manage and track the performance of PEC’s Foundation; keeping with the policies and investment guidelines established by the Investment Committee.
Develop and monitor cash management systems to ensure appropriate handling of client cash, petty cash, employee loans, and cash-equivalent inventory. Develop and monitor purchasing and vendor relationships to ensure appropriate controls and oversight.

Team Management
Mentor and develop a team of three direct reports, managing work allocation, training, problem resolution,
performance evaluation, and the building of an effective team dynamic. Ensure timeliness, accuracy, and usefulness of financial management reporting; oversee the preparation and communication of monthly and annual financial statements. Coordinate all external audits and ensure proper and timely filing of tax returns.
Review all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate overhead cost allocation. Serve as final point of escalation for payroll, accounts receivable and accounts payable issues.

Applications can be completed at:

People’s Emergency Center
Rowan House
325 N. 39th Street
Philadelphia, PA 19104

Benefits Offered
People’s Emergency Center provides a generous benefits package, which includes group health insurance, vacation, personal and sick benefit time, flexible benefits plan, pension plan, disability and life insurance and tuition reimbursement.

Salary
Commensurate with experience.

Contact
For immediate consideration of any of these positions, please e-mail or fax your resume to T. McCain at tmccain@pec-cares.org or 215-689-0116. EOE/M/F/D/V