CFO Jobs in Philadelphia, Pennsylvania: Salary Overview and Job Description

CFO Jobs in Philadelphia, Pennsylvania: Salary Overview and Job Description

Philadelphia, Pennsylvania, is a hub for finance and business, offering numerous Chief Financial Officer (CFO) job opportunities. This article provides an overview of CFO jobs in Philadelphia, including salary ranges, job descriptions, and industry-specific requirements.

Salary Overview: CFO Jobs in Philadelphia, Pennsylvania

Chief Financial Officer:  $180,000 – $350,000

Senior Vice President, Finance: $150,000 – $300,000

Financial Director:        $120,000 – $250,000

VP of Finance:             $100,000 – $220,000

Job Description: Chief Financial Officer

Key Responsibilities:

  1. Strategic Financial Planning: Develop and implement financial strategies.
  2. Financial Leadership: Lead and manage finance teams.
  3. Financial Analysis: Conduct financial analysis and review.
  4. Financial Reporting: Prepare financial reports and presentations.
  5. Risk Management: Identify and mitigate financial risks.
  6. Compliance: Ensure compliance with regulations.
  7. Budgeting and Forecasting: Manage budgets and forecasts.

Requirements

  1. Education: Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.
  2. Experience: Minimum 10-15 years of finance experience.
  3. Language Skills: Fluency in English.
  4. Technical Skills: Proficiency in financial software.
  5. Soft Skills: Strong leadership, communication, and analytical abilities.

Industry-Specific Requirements

  1. Healthcare: Knowledge of healthcare finance regulations.
  2. Financial Services: Familiarity with financial services regulations.
  3. Technology: Understanding of technology finance.
  4. Non-Profit: Knowledge of non-profit finance.

Career Path and Progression

  1. Financial Analyst → Financial Manager
  2. Financial Manager → Financial Director
  3. Financial Director → VP of Finance
  4. VP of Finance → Chief Financial Officer

Challenges and Opportunities

  1. Regulatory Complexity: Navigate complex regulatory environment.
  2. Economic Volatility: Manage financial risks amidst economic uncertainty.
  3. Growth Opportunities: Identify emerging opportunities in finance.
  4. Talent Development: Attract and retain top finance talent.

Job Opportunities in Philadelphia, Pennsylvania

  1. Comcast
  2. Independence Blue Cross
  3. Children’s Hospital of Philadelphia
  4. University of Pennsylvania
  5. Drexel University
  6. Philadelphia Eagles
  7. Philadelphia Phillies
  8. PECO Energy Company
  9. Exelon Corporation
  10. AmeriHealth Caritas

Top Job Titles in Philadelphia, Pennsylvania

  1. Chief Financial Officer
  2. Financial Director
  3. VP of Finance
  4. Financial Planning Manager
  5. Financial Analysis Manager
  6. Risk Management Manager
  7. Compliance Manager
  8. Financial Reporting Manager
  9. Financial Strategy Manager
  10. Treasurer

Skills Required

  1. Strategic financial planning
  2. Financial leadership
  3. Financial analysis
  4. Financial reporting
  5. Risk management
  6. Compliance
  7. Budgeting and forecasting
  8. Leadership and team management
  9. Communication and interpersonal skills
  10. Analytical and problem-solving skills

Average Salary Growth Rate: 5-7% per annum

Job Satisfaction Rate: 8.5/10

Conclusion

CFO jobs in Philadelphia, Pennsylvania, offer challenging and rewarding career opportunities. With competitive salaries and growing demand, Philadelphia is an attractive destination for finance professionals.

If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com

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