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Vice President of Financial Reporting
Jenkintown, PA
Job Description
Vice President of Financial Reporting
Become a Part of the NPT Team
National Philanthropic Trust is a public charity dedicated to providing philanthropic expertise to donors, foundations, and financial institutions, enabling them to realize their philanthropic aspirations. NPT was founded in 1996. Since that time, we have raised more than $57.3 billion in charitable contributions and currently manage $35.1 billion in charitable assets. We have made more than 720,000 grants totaling more than $28.5 billion to charities all over the world. We rank among the largest grantmaking institutions in the United States.
Our mission is to increase philanthropy in society. To that end, our experienced staff of philanthropic professionals are fully prepared to help you establish and administer your donor-advised fund. NPT is led by a Board of Trustees composed of nationally known experts in philanthropy and business.
At National Philanthropic Trust, we foster a welcoming environment for all.People are valued and respected for who they are-with opportunities to bring theirentrepreneurial spirit andtalents to increase giving around the world. We have an inclusive, supportive, collaborative culture that makes National Philanthropic Trust one of the most rewarding places to work.
What You'll Do
The Vice President of Financial Reporting (VP of Financial Reporting) role requires a control and strategic minded thinker with confidence and command of exempt organization accounting and disclosure principles. This position reports to the Chief Financial Officer (CFO) and is responsible for broad oversight and protection of the organization's assets and its related domestic and foreign entities. The Financial Reporting Leader will be responsible for external reporting of NPT and its subsidiaries. Implementation of process improvement, knowledge of complicated investments, understanding of exempt organization tax requirements, and a proven track record of executive-level accounting and finance oversight are critical success factors. The position is located in Jenkintown, PA with the ability to work a hybrid schedule.
Salary range: $175,000 - $200,000
Duties/Responsibilities:
- Provides key leadership and direction for all strategic and day-to-day issues related to accounting functions including general ledger and investment accounting, budgeting, analysis, audit, and tax (domestic and international).
- Oversees preparation of fiscal records.
- Manages annual audits & tax preparation; works closely with audit and tax partners.
- Builds infrastructure and systems of controls and standard operating procedures, aligned with organizational goals, to support the timely and accurate reporting of financial results.
- Leads the Valuation Committee to oversee valuation and reporting of illiquid gifts and alternative investments.
- Develops and fosters an environment of strong internal controls across the organization.
- Oversees treasury management functions including monitoring of liquidity needs and security of treasury controls.
- Provides coaching to staff members, offering ongoing goal setting, feedback, and development to encourage optimal individual and team performance.
- Identifies and collaborates with IT and Project Management on various process flow improvements.
- Ensures compliance with GAAP, FASB, and regulatory requirements.
- Maintains strong relationships across the organization to establish a reputation as a highly knowledgeable and responsive business partner.
The above list is not exhaustive; additional tasks may be assigned as necessary.
What You Bring:
- Strong knowledge of investment accounting, financial reporting, investments, audit, tax, internal controls, risk management, accounting system selection and conversion
- Leadership and executive experience in accounting and finance with implementation of best practices.
- Expertise in not-for-profit reporting and disclosure, including GAAP compliance.
- Experience with complex investment valuations reporting.
- Broad exempt organization tax knowledge.
- Experience selecting and implementing accounting systems - familiarity with MIP Fund Accounting and/or Stellar Technology Solutions a plus.
- The highest degree of personal integrity and discretion.
- Executive presence to lead discussions at all levels and across functional disciplines with an ability to explain complex information coherently.
- Adept at multi-tasking; thrives in an environment of rapid change.
- Exceptional organizational and time-management skills.
- Strong analytical, decision-making, and problem-solving abilities.
- Strong work ethic and hands-on approach to tasks.
- Cool and calm under pressure, but with a sense of urgency.
- A positive attitude and ability to execute assignments.
- Ability to train, develop, and mentor staff.
- Team player and consensus builder who collaborates with others to achieve common goals.
- Dedicated to the mission of the organization.
Education and Experience:
- Bachelor's degree in accounting or equivalent degree required.
- CPA designation with public accounting audit experience required.
Physical Requirements:
- Prolonged periods of sitting at a desk and working on a computer.
Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
Open
Required Security Clearance
Other Clearance
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