Director of Finance
The Philadelphia Ronald McDonald House (PRMH)—the world’s first Ronald McDonald House—is seeking an energetic and compassionate individual for the position of Director of Finance. This is a full-time position reporting directly to the Executive Director.
About The Philadelphia Ronald McDonald House
The Philadelphia Ronald McDonald House (PRMH) supports families of seriously ill children by creating a community of comfort and hope. Founded in 1974, we are the model for 365 Houses around the globe.
Our programs include two Ronald McDonald Houses, Ronald McDonald Family Rooms at The Children’s Hospital of Philadelphia and St. Christopher’s Hospital for Children, and Ronald McDonald Camp.
Between our two House locations, we serve up to 65 families each night. Our Houses offer comfortable rooms and an array of other services, as well as the support of other families who understand what it is like to have a seriously ill child. Our Ronald McDonald Family Rooms offer a respite space away from the bedside to families with children receiving treatment at The Children’s Hospital of Philadelphia and St. Christopher’s Hospital for Children. Each August, our one-week overnight Ronald McDonald Camp—located in the Poconos—provides the opportunity for over to 200 children with cancer and their siblings to experience the joys of summer camp.
Each year, Ronald McDonald House Charities of the Philadelphia Region provides 10 percent of our overall operating budget; the remaining 90% is raised through individual, corporate, and foundation support. To learn more, visit www.philarmh.org.
About the Director of Finance Position
The Director of Finance is a senior leadership position is responsible for strategy and execution, as well as hands-on team management, within the following areas: finance; accounting; planning and budgeting; capital campaign financing; grant administration; and donation processing. The individual plays a critical role in both strategic decision-making and day to day operations as the organization continues to build capacity.
- Lead annual financial planning process in conjunction with the Executive Director; administer and monitor all financial plans, investments, and budgets; keep senior leadership team up to date on the organization’s financial status
- Responsible for the preparation and integrity of the financial statements; update and implement all necessary business policies and accounting practices to ensure timely and accurate financial statements
- Establish and oversee performance reporting program. Present financial reports to organizational leadership, colleagues, and others in an accurate and timely manner; analyze and communicate monthly and annual financial statements; ensure the provision of financial reports for donors as well as for individual projects and programs. Integrate relevant aspects of operational reporting into comprehensive performance monitoring program.
- Lead the annual audit process and liaison with external auditors, the board treasurer, and board finance committee. Lead the filing of the organization’s federal (Form 990) and state tax returns.
- Engage the board finance committee around issues, trends, and changes in the operating model and operational delivery; present to Board of Directors on occasion
- Ensure appropriate internal controls through oversight/implementation of the department’s standard operating policies/procedures
- Coordinate activities with lenders and ensure compliance with all relevant debt covenants related to construction financing and federal grant requirements.
- Coordinate with investment advisors and monitor performance of investment activities
- Ensure that the organization complies with all federal, state and local laws
- Develop and manage direct staff (currently two staff members); accounting volunteers; department consultants; and guide larger multi-disciplinary teams outside of direct span of control.
- Provide strategic advice and partnership with senior management team
- Serve as a staff liaison to assigned board committees
- Attend fundraising events as appropriate to assist in managing accounting processes
- Mature and proactive, with evidence of having worked as an active business partner with executives and leadership teams. If coming from the for-profit world, nonprofit board or volunteer experience preferred
- Demonstrated excellence in managing finance, accounting, budgeting, control, and reporting
- Demonstrated willingness to work on both strategic work and day to day financial tasks
- Ability to translate financial concepts to – and to effectively collaborate with – program, marketing, and development colleagues who do not have finance backgrounds
- Skill in examining, developing, re-engineering, and recommending financial and technology policies and procedures
- Strong analytical skills and experience interpreting a strategic vision into an operational model
- Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders
- A hands-on manager willing to dive into the details, with integrity and a desire to work in a dynamic, mission-driven environment
- Strong commitment to developing team members
- A multi-tasker with the ability to wear many hats in a fast-paced environment
- Personal qualities of integrity, credibility, and dedication to the mission of organization
- A team player who is committed to lifelong learning
- A minimum of a Bachelor’s degree in a related field, with a CPA strongly preferred, MBA helpful
- A professionally mature leader with 10-15 years of relevant professional experience; ideally 8+ years of broad supervisory and management experience
- Experience managing broad financial areas (accounting, investments, budgeting, control, and reporting) is required. Experience in nonprofit experience is preferred
- Knowledge of CRM systems experience with a preference for experience with Financial Edge
- Technologically savvy, experience in implementing financial software solutions is preferred.
- Please submit a cover letter and a detailed resume through Indeed.com.