Senior Accountant: The Philadelphia Foundation

Posted January 9th, 2019 at 11:46 am.

Department: Finance

Reports To: Controller

Direct Reports: None

FLSA Status: Exempt, Professional

ABOUT THE PHILADELPHIA FOUNDATION: The Philadelphia Foundation (TPF) is Greater Philadelphia’s leading center for community philanthropic engagement. It has been committed since 1918 to improving the quality of life in Greater Philadelphia. As a community foundation, The Philadelphia Foundation solicits and grows charitable contributions to meet the needs of changing times, supports the community through grants and scholarships, and brings individuals and institutions together across sectors and geography to address common opportunities and challenges. TPF manages assets of over $500 million and more than 900 charitable funds established by its fund holders. It distributes about $25 million annually to nearly 1,000 nonprofits and promotes greater philanthropy in service to the community. To learn more, visit www.philafound.org.

STATEMENT OF EMPLOYER EXPECTATION: Each employee of The Philadelphia Foundation is expected to contribute directly to TPF’s growth and success by advancing its mission, strategy and priorities, while adhering to the highest professional and ethical standards; to perform job duties capably and in a spirit of cooperation and collaboration; and to uphold TPF’s core values of diversity, equity, and inclusiveness.

POSITION SUMMARY: The Senior Accountant’s primary accounting responsibilities include reviewing and preparing investment reconciliations, overseeing the accounts payable process, budget to actual reporting, and supporting with annual audit, tax, and budget preparation. In addition to accounting responsibilities, the Senior Accountant will support all TPF departments with interpreting internal and external financial records.

TPF ACCOUNTING JOB FUNCTIONS:

  • Prepare and review Payroll for processing, ensuring compliance with applicable regulations.
  • Assist with benefits administration tasks directly related to payroll.
  • Review and approve accounts payable invoices and monthly purchase card reports, ensuring proper general ledger coding for budget reporting purposes.
  • Lead preparation of monthly budget to actual analysis and reporting, for all departments, including identifying and researching material variances.
  • Review and reconcile investment statements for the primary endowment portfolio.
  • Review and prepare various investment reconciliations, bank reconciliations, and journal entries, ensuring accuracy of accounting records and documentation
  • Review and maintain schedules such as prepaid expenses, accounts receivable, etc.
  • Assist Controller in preparing the annual budget.
  • Assist in preparation of annual audit and tax returns.
  • Assist Controller and Accounting Manager as a resource to help support and develop colleagues
  • Support IT Director and Controller with various technology projects, including documenting current workflow and assisting with implementation of system upgrades.
  • Responsible for leading efforts to document standard internal finance processes and digitize all financial records.
  • Oversee TPF administrative efforts, such as inventory management of office supplies and offsite storage records.
  • Assist in reviewing, updating and standardizing TPF’s internal policies and procedures.
  • Participate in and/or lead ad hoc projects and prepare ad hoc reporting as needed.

MINIMUM SKILLS/EDUCATIONAL REQUIREMENTS:

  • Bachelor’s degree in accounting or related field, knowledge of generally accepted accounting principles, and two to three years of nonprofit accounting experience
  • Strong analytical and budgeting skills
  • High proficiency in Excel, including macros and pivot tables
  • Excellent interpersonal skills, ability to work collaboratively across teams
  • Excellent communication skills, both verbal and written
  • Strong computer technology skills, including experience with automated general ledger systems
  • Experience with investments and cost basis analysis or interest to learn
  • Public accounting experience preferred, especially with nonprofit clients
  • Basic understanding of operations management and/or information technology
  • Successful completion of skills assessment and pre-hire background check.
Filed under: Management Level by Margie DuBrow

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