Senior Accountant

About the Philadelphia Foundation

Founded in 1918, the Philadelphia Foundation strengthens the economic, social and civic vitality of Greater Philadelphia. The Philadelphia Foundation grows effective philanthropic investment, connects individuals and institutions across sectors and geography, and advances civic initiatives through partnerships and collaboration. A publicly supported foundation, the Philadelphia Foundation manages more than 900 charitable funds established by its donors and makes over 1,000 grants and scholarship awards each year. To learn more, visit PhilaFound.org.

Position Summary

The Senior Accountant supports the Foundation’s financial operations with a focus on fund-level accounting, planned giving administration, and financial analysis. This role plays a key part in managing the accounting lifecycle.

Responsibilities

• Lead the biweekly cash call process
• Prepare and maintain detailed investment schedules, including the quarterly investment rollforward as well as alternative investment tracking
• Manage the full lifecycle of fund activity, including establishing new funds in collaboration with Donor Services as well as the fund retirement process, preparing closing entries and documentation for year-end fund closures
• Support the monthly close process by recording journal entries and account reconciliations as assigned
• Prepare and review quarterly fund statements, perform fund-level analysis, and ensure the accuracy of investment-related entries; investigate negative fund balances and coordinate with relevant departments to resolve discrepancies
• Review gift entries and post to the subledger; reconcile gift subledger to general ledger for assigned accounts
• Conduct ongoing fund-level financial analysis and provide insights as needed
• Support annual audit and tax filing processes by preparing financial schedules and documentation, including materials used for Form 990, compliance filings, and other regulatory reporting
• Perform other duties as assigned

Qualifications

• Education - BA/BS or equivalent experience required
• Minimum of 3 years of progressively advancing experience in finance, accounting or related fields
• Experience working with investment and/or accounting for investments
• Excellent analytic and organizational skills
• Strong interpersonal, management, written, leadership and oral communications skills
• Ability to be self-directed with a competitive, results orientation
• A capacity for strategic thinking, problem solving and consensus building
• Demonstrated commitment to collaboration, teamwork and personal growth
• Computer skills - excels with database, Microsoft Outlook, PowerPoint, Word, and Excel
• A commitment to the mission and values of the Philadelphia Foundation