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Courses/Accounting & Tax/NASBA - Specialized Knowledge

Navigating One City’s Financial Future

In-depth Q&A discussions with government controllers on the ways they are leading the state and federal government out of the pandemic.

Created byFEI Courses
BeginnerUpdated Sep 14, 2022
Navigating One City’s Financial Future

What You'll Learn

check_circleExplore the challenges that major american cities are facing post-pandemic
check_circleUnderstand the social dynamics defining philadephia’s financial future
check_circleLearn about the ways in which philadelphia’s tax base is changing
check_circleKnow about the most significant achievements during rebecca’s tenure as the city’s controller
check_circleLearn about the long-term plans to solve philadelphia’s pension funding problem

About This Course

FEI's "ForwardThinking" series features conversations with senior-level financial executives at the center of challenging times, requiring them to reflect on the fundamentals of their profession, their role as leaders, and accepting responsibility for greater societal change.

Philadelphia has undergone profound change over the past decade as the private sector expanded, jobs were created and its skyline has transformed with new construction. This rapid growth makes the need for government oversight more important than ever. In this 1 CPE credit session. Philadelphia City Controller Rebecca Rhynhart -- the first woman City Controller for the City of Philadelphia discusses how she used her role as the City’s financial watchdog to take on some of Philadelphia’s biggest challenges, including the impact of the COVID-19 pandemic and gun violence, while pushing for stronger financial management and a more efficient and effective government.

Field of Study: Specialized Knowledge, Technical

Your Instructors

FEI Courses
FEI Courses
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FEI Canada  connects ,  engages , and  inspires  CFOs and senior financial executives as business leaders, creating a competitive advantage within their organization, contributing to the success of Canadian businesses in a global market. Connect  with peers, colleagues, business leaders and through your local chapter. Engage  by joining a thought leadership committee, a chapter board or national committee, contribute to the discussion by having a seat at the table. Inspire , or be inspired, by being part of the conversation, knowledge-sharing of best practices and lived experiences through national/local chapter events, conferences, roundtables, and webinars.

Rebecca Rhynhart
Rebecca Rhynhart

Controller | City of Philadelphia

Rebecca Rhynhart made history in 2018 when she was sworn in as the first woman ever elected City Controller for the City of Philadelphia. As City Controller, Rebecca serves as Philadelphia’s chief auditor and independent financial watchdog. In that role, she uses the audit function to push for better management of the City’s finances, and works to identify cost savings, recommend best practices, and expose fraud and mismanagement. Under her leadership, the office is committed to transparency, accountability, and good government. Since taking office, she has pressed the City to strengthen internal controls over financial reporting after finding Philadelphia has the worst internal controls of the top ten largest cities. She met with department heads to help them better understand departmental audit findings and recommendations to resolve them. Rebecca has taken on important performance audits, including the City’s sexual misconduct policies and procedures and the Philadelphia Parking Authority’s on-street parking expenses. She has also led the office’s work on issues that have a big impact on Philadelphians, like the City’s response to civil unrest following George Floyd’s murder, the on-going gun violence crisis and the effect of the COVID-19 pandemic. Additionally, the office investigated the procurement process for the City’s new voting systems, which resulted in the City receiving its largest penalty payment in its history. As part of her commitment to good government, the office reviewed the diversity of the City’s exempt workforce, regularly released data sets about City spending, and more. In 2020, she was selected to join the Accelerator for America Advisory Council. Rebecca brings both private sector and government experience to her role as City Controller. After working as a Director in the Public Finance Division of Fitch Ratings and as a Managing Director at Bear Stearns & Co., Rebecca left Wall Street to help improve Philadelphia, becoming City Treasurer in 2008. She moved on to serve as budget director, overseeing the City’s $4 billion general fund budget, as well as the budgets for Water, Aviation and Grant Funds. She then served as the Chief Administrative Officer for one year. However, in 2016 Rebecca determined that to make a difference in the way that she wanted, she needed to run for office. Rebecca has a Master of Public Administration from Columbia University and a Bachelor of Arts from Middlebury College. Originally from the Philadelphia region, Rebecca currently resides in Center City with her daughter and husband.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

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