The CFO directs, manages, and oversees all aspects of the Finance, Revenue Control, Payroll & Time Control, Collections, Risk Management, and Procurement Departments, including developing and implementing fiscal controls for the Authority, facilitate financial support services across all departments. The CFO reports directly to the Executive Director and ensures that accounting standards are followed for all financial reporting.
Responsible for providing timely, accurate, and final review and approval of monthly and year-end financial statements.
Administers and ensures timely and efficient processing of purchases in accordance with Procurement policies and state law.
Collaborates with all departments in reviewing and finalizing monthly and year-end statements and in preparation of annual budgets.
Oversee and manage the Finance, Revenue Control, Payroll & Time Control, Risk Management, Procurement, and Collections Departments and ensures that all standard operating procedures are adhered to and that financial operating is in accordance with contracts.
Responsible for internal controls.
Maintains and monitors compliance with governmental reporting requirements.
Oversees all audits by outside auditors and directs staff in responding to auditor requests.
Participates actively as a key member of the senior management team and collaborates with the executive team.
Monitors all debt.
Oversees financial analysis of prospective bidders to maintain compliance with Authority standards.
Oversees the budget preparation process.
Oversees the management of banking of all funds and coordinates and negotiates services provided by financial institutions for all Authority accounts.
Oversee all financial statements including the balance sheet and income statement.
Provides advice to the Executive Director on all financial matters.
Reports to the Board financial activities and related matters monthly.
Directs all wire transfers and cash management activity.
Oversees the investing of the Authority's cash assets and safeguards those funds.
Oversees bond issuance and compliance.
Serves as liaison between the Authority and the outside auditors, insurance brokers, financial institutions, and other City agencies.
Works with HR to manage Finance, Revenue Control, Payroll & Time Control, Procurement, Risk Management and Collections staff: hires, trains, disciplines, and schedules staff.
Performs related financial work as required.
This position has supervisory responsibilities: directly supervising approximately 14 employees. TheCFO oversees Finance, Revenue Control, Payroll & Time Control, Collections, Risk Management, and Procurement Departments.
Required Knowledge, Skills, and Abilities:
Proven ability to lead finance departmental functions and staff.
Prior supervisory and management experience is a must.
Knowledge of government debt financing.
Knowledge of government accounting standards preferred.
Knowledge of accounting principles.
Good listening and problem-solving skills.
Minimum Acceptable Training, Experience, and Education:
BA/BS degree required in Accounting & Finance.
8 - 12 years of relevant accounting or finance experience.
Minimum of 8+ years of relevant accounting experience.
Minimum 5+ years of supervisory experience overseeing a finance team.
About Philadelphia Parking Authority
The mission of the Philadelphia Parking Authority is to contribute to the economic vitality of Philadelphia and the surrounding region by effectively managing and providing convenient parking on the street, at the airport, and in garages and lots; effectively operating a system of red-light camera enforcement; regulating taxicabs, limousines and transportation network companies; and other transportation-related activities.