Director of Finance: Health Federation of Philadelphia

Posted November 20th, 2014 at 10:53 am.

Job Title: Director of Finance

Department/Program: Administrative

Reports to: Executive Director

FLSA Status: Exempt

Supervises: Grants Managers, HR Manager, Bookkeeper, Purchasing Asst.


The Director of Finance is responsible for the successful management of all financial tasks for the organization.


  • Develop and maintain timely and accurate financial statements and reports that are appropriate for users and follow generally accepted accounting principles
  • Develop, implement and ensure compliance with internal financial and accounting policies and procedures
  • Oversee and collaborate in development and implementation of and ensure compliance with Human Resources policies, including employee compensation and employee benefits
  • Ensure that all statutory requirements of the organization are met
  • Manage or oversee the management of all grants and contracts, including assisting program staff with initial budgeting, monitoring ongoing expenditures, invoicing and reporting to funders; establish and maintain relationships with appropriate contacts within funding agencies and troubleshoot any issues as may arise
  • Develop and maintain system for monitoring sub-grantees
  • Prepare all supporting information for the annual audit and work with the external auditors as necessary
  • Document and maintain complete and accurate supporting information for all financial transactions
  • Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable and petty cash
  • Review monthly transactions and implement monthly variance reporting
  • Supervise reconciliation of bank accounts on monthly basis
  • Manage cash flow on an ongoing basis and prepare cash flow forecasts
  • Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll
  • Oversee purchasing function, including use of corporate credit card, and develop efficient and accurate tracking system
  • Oversee the management of all leases, contracts and other financial commitments
  • Oversee selection and maintenance of all corporate liability insurance, including D & O, general liability and professional liability policies as required
  • Develop and implement policies and procedures to ensure that financial information is secure and stored in compliance with current legislation
  • Prepare the annual budget in consultation with the Executive Director
  • Assist the Executive Director with financial reporting required for Board meetings
  • Participate as member of senior management/leadership team


Minimum Bachelor’s Degree in Accounting or Business Management/Administration

CPA Certification required


  • Minimum six years progressive experience in upper level financial management position in a non-profit agency
  • Expert knowledge of and experience with generally accepted accounting principles
  • Expert knowledge of and experience with federal, state and city legislation affecting financial management of non-profit agencies
  • Expert knowledge of and experience with management of federal, state, city and private grants and contracts
  • High level of proficiency in use of computer programs for accounting, word processing, databases, spreadsheets, email and internet
  • Excellent oral and written communication skills
  • Ability to interpret and respond to needs of funders, program personnel, and Board members
  • Ability to make timely and clear financial decisions which are in the best interests of the organization
  • Excellent problem-assessment and problem-solving skills

Physical Demands

Limited. Work is performed in an office environment. Occasional travel may be required.


The above statements are intended to describe the general nature and level of work being performed by an employee assigned to this position. They should not be interpreted as an exhaustive list of all the responsibilities and/or skills required.

The Health Federation of Philadelphia is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, age, national origin, disability, veteran status, sexual orientation or preference, marital status or any classification protected by federal, state or local law.

How to apply

Send resume and cover letter stating salary requirement to:

Health Federation of Philadelphia

1211 Chestnut Street, 7th Floor

Philadelphia, PA 19107

Or via email to

Please reference “Director of Finance” in the subject line.

Filed under: Executive Level by Margie DuBrow

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