Chief Financial Officer

City of Philadelphia • Philadelphia, PA

1d

About The Position

The Chief Financial Officer is senior leadership position within The Department of Behavioral Health and Intellectual disAbility Services. Reporting directly to the Commissioner, this role is responsible for overseeing all financial operations of the department, including cash flow planning, cash investments, and asset management. The incumbent will also oversee the Accounting Department and maintain accurate financial reporting to both internal management and external auditors. This is a managerial role, with many of the functions under this position being performed via subordinate staff and managers, including but not limited to the Health Fiscal Director.

Requirements

• 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 managing audits and ensuring compliance.
• Expertise in data-driven financial analysis, including forecasting, scenario planning, and performance metrics, to support strategic decision-making and operational planning.
• 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 and that financial policies reflect a commitment to serving all communities.
• Ability to work effectively with internal and external partners, building strong relationships and fostering collaboration to achieve financial objectives.
• 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).

Nice To Haves

• A Master’s degree in Finance, Accounting, Business Administration, Public Administration, or a related field is preferred.

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.

Benefits

• City employees get unlimited FREE public transportation all year long through SEPTA’s Key Advantage program.
• 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
• As a qualifying employer, City of Philadelphia employees are eligible to participate in the Public Service Loan Forgiveness program.
• 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!

What This Job Offers

• Job Type: Full-time
• Career Level: Executive