Chief Financial Officer at Penn Hillel

Chief Financial Officer

Penn Hillel

Role Overview

The CFO will oversee all financial operations of Penn Hillel, ensuring that the organization is fiscally sound and operating in compliance with not-for-profit regulations. The CFO will provide strategic financial guidance to the Executive Director and Board of Directors and will work closely with other stakeholders (including lay committees and Hillel senior staff) to ensure the organization's financial goals are met. The organization is fiscally sound and the CFO’s role is to maintain and improve its strong funding and disciplined spending.

What You'll Do

• Ensuring financial discipline throughout the organization and transparent reporting to the Executive Leadership and the Board, enabling the Executive Director and staff to focus on student-facing programming and engagement.
• Oversee all financial operations, including budgeting, financial reporting, accounting, and cash management.
• Ensure compliance with all relevant laws and regulations governing non-profit organizations.
• Maintaining and enhancing existing financial policies and procedures to ensure fiscal responsibility and accountability.
• Monitor and analyze financial performance, providing regular reports to the Executive Director, the Finance Committee and the Board of Directors.
• Manage and supervise the office manager in preparing monthly financial transactions, including cash and credit card donations, disbursements and proper expense recording of invoices and credit card activity, and payroll entries.
• Manage relationships with external auditors, tax advisors, and other financial professionals.
• Develop and manage the annual budgeting process, working closely with program managers and other senior leaders. Tracking monthly results against the budget and working with staff to adjust as results change.
• Ensure proper record-keeping and financial reporting, including the preparation of financial statements and tax filings.
• Provide financial guidance to the Executive Director and Board of Directors, including presenting financial reports and making recommendations for financial strategy.
• Identify opportunities for cost savings and revenue growth.
• Manage the organization's cash flow and investments.
• Work closely with the Development team to develop and implement fundraising strategies.
• Improve the efficiency of the close process through leveraging technology and improving processes.

What You'll Bring to the Job

Requirements

• Bachelor's degree in Accounting, CPA preferred.
• At least 10 years of experience in financial management, preferably with some for-profit experience.
• Demonstrated knowledge of accounting principles, financial reporting, and budgeting.
• Experience managing a small team and working with senior leadership.
• Strong analytical and problem-solving skills.
• Strong knowledge of Quickbooks Online and comfort with technology to help automate processes
• Excellent written and verbal communication skills.
• Ability to work collaboratively with other departments and external partners.
• Knowledge of Jewish culture and values.

Please Note

• This position is likely 40 hours a week and will involve working at the on-campus building 70-80% of the time. Penn Hillel welcomes candidates seeking a mission driven role, who would like the flexibility to work from home on occasion.

What You'll Receive

• This non-profit organization offers a competitive salary and benefits package. The salary range for this role is $95,000.00 - $115,000.00. 

About Penn Hillel

Penn Hillel is a platform for student life at Penn hosting events, initiatives, speakers, clubs and classes that engage a wide spectrum of students of all backgrounds and beliefs. A small sampling of offerings include a weekly soup kitchen, a wide variety of opportunities to engage with and learn about Israel, world famous speakers and public intellectuals, alternative break trips to UAE, Germany, Israel and beyond. All of this is in addition to the hundreds of students who experience Shabbat each week. Penn Hillel encourages students to: deepen their engagement with Jewish students all over the world; get inspired towards new levels of spiritual and personal exploration; delve into expansive intellectual inquiry; and celebrate key moments of the year through holidays and ritual.