What are the responsibilities and job description for the KIPP NYC Controller Finance Team position at KIPP?

Position Overview

The Controller is an ambitious detailoriented and selfmotivated individual who will report to and partner with the Chief Financial Officer (CFO). The Controller will be responsible for the daytoday accounting for financial transactions; ensuring the monthly closing process is completed accurately for all KIPP NYC entities; and developing implementing and ensuring compliance with financial policies and procedures consistent with generally accepted accounting principles (GAAP). They will support a nearly $200M annual operating budget growing to nearly $300M by 2030.

The Controller will be responsible for maintaining and continuously improving the system of financial controls including general accounting audit tax compliance and banking. This individual will respond quickly and with sound judgment to a variety of situations in a fastpaced environment and handle sensitive information in a professional manner. They will be handson and contribute at all levels including internal and external reporting while also serving as a thought partner to the CFO on many issues. The Controller directly supervises a team of 9.

Duties & Responsibilities include (but are not limited to) :

General Accounting and Reporting

Comply with generally accepted accounting policies and procedures
Maintain general ledger subsidiary ledgers and other accounting records needed for preparation of the financial audit
Manage and maintain a strict deadline to close the financial activities of the month including the preparation and analysis of the monthly balance sheet statement of activities and cash flow forecasts
Prepare and / or review monthly quarterly and annual reconciliation of all accounts
Manage the revenue cycle and review accounts receivables and billings; enhance the process to optimize cash flow
Manage maintain and update the financial accounting system including the full responsibility for KIPP NYCs chart of accounts
Oversee all grants accounting; ensure that expenditures are consistently aligned with grant budgets throughout the grant period; manage the collection of financial reporting materials for government corporate and foundation grants

Financial Policies and Procedures

Develop automate and implement systems policies procedures and internal controls to ensure compliance with accounting standards and improve efficiencies

Partner with CFO on annual updates to the Fiscal Policies and Procedures Manual

Ensure record retention and compliance of agency accounting files

Audit Tax and Lender Compliance

With the assistance of the external audit / tax preparation partner prepare and submit tax returns IRS990 for all KIPP NYC entities

Manage the annual audit to ensure the accurate preparations of audit schedules financial statements and footnotes in coordination with the external preparation partner for KIPP NYCs annual audit

Provide support to auditors during the annual audit

Complete regular debt compliance reporting

Banking

Manage and track the performance of invested assets in keeping with policies and investment guidelines

Manage the prompt reconciliation all monthly bank statements including investment accounts

Manage interbank fund transfers and approve as necessary

Liaise with all banking and investment partners

Organizational and Team Leadership

Work with team to continuously improve the quality of work on the team; provide training direction motivation and opportunities for skills development

Manage a 9 person accounting team

Manage relationships with internal clients and act as a key business partner to them building high levels of professional credibility and mutual trust

Lead cultural and structural change management initiatives

Support the CFO with preparation of documentation for Audit and Finance committees

Qualifications :

Bachelors degree required; CPA and / or MBA preferred

A seasoned accounting leader with 15 years of accounting and finance experience including solid experience coordinating audit activities and managing accounts payable and receivable and general ledger functions

Prior experience as Controller at a similarsized organization (an operating budget of $100M $300M) and prior experience with multiple audits across multiple entities

Experience working in nonprofit accounting and / or experience in schools strongly preferred

A track record in grants management as it relates to compliance and reporting of government corporate and foundation grants is essential

Commitment to recruiting mentoring training and retaining a diverse team; the foresight and ability to delegate accordingly

Meticulous attention to detail and ability to maintain confidentiality of information

Strong interpersonal and communication skills; experience in effectively communicating key data including presentations to senior management board or other outside partners

Proficiency using Microsoft Office products with strong Excel skills; experience utilizing Sage Intacct and compatible accounting software strongly preferred; and an aptitude for learning new software

Systems builder who brings excellent analytical skills characterized by identifying assimilating and comprehending the critical elements of various situations and extracting and interpreting the implications of

Additional Information :

Compensation and Benefits :

KIPP NYC offers a competitive salary ranging from $185000 $210000. Salary ranges at KIPP NYC are standardized based on role level and role function. Individual salaries are determined through a lens of equity accounting for years of experience relevant to the role and scope of responsibilities and are benchmarked against others within the same salary band.

KIPP NYC offers a generous benefits package including but not limited to the following :

Robust benefits that include medical dental and vision.

Generous TimeOff including 5 school vacation weeks sick and personal days and an extended summer break.

Up to 12 weeks 100% parental leave.

Bright Horizon Backup Child and Elder care.

Employer paid Life Insurance and Short term / Long term disability.

Employee incentives including 8 Weeks paid Sabbatical after 10 years annual professional development funds and tuition reimbursement.

Additional Details

This role requires three days in office with flexibility to work from home two days a week (Wednesday in office is preferred). This role is based in NYC at our midtown Manhattan location. If you relocate outside of a commutable distance or out of the state of NY your employment will be subject to review which may include separation from KIPP NYC. It is important that you notify HR if you move or have plans to relocate.

This description is intended to describe the type of work being performed by a person assigned to this position. It is not an exhaustive list of all duties and responsibilities required by the employee.

This role is based in NYC and will require travel to our schools. If you relocate outside of a commutable distance or out of the state of NY your employment will be subject to review which may include separation from KIPP NYC. It is important that you notify HR if you move or have plans to relocate.

KIPP NYC LLC does not offer visa sponsorship or work authorization.

KIPP NYC LLC is an antiracist organization that believes in the importance of being diverse equitable and inclusive. We are committed to creating a welcoming environment that includes employees with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving students and families throughout New York City. BIPOC women gender expansive LGBTQIA veterans and persons with disabilities are encouraged to apply.

KIPP NYC LLC is an Equal Opportunity Employer. KIPP NYC LLC is committed to the principles of equal employment opportunity for all employees and applicants for employment.

Remote Work : Employment Type :

Fulltime

Key Skills

Accounting Software,GAAP,QuickBooks,General Ledger Accounting,Accounting,IFRS,Sage,Regulatory Reporting,Workers' Compensation Law,Budgeting,ERP Systems,Financial Management

Vacancy : 1

Salary : $185,000 - $210,000

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