What are the responsibilities and job description for the Vice President Finance - Controller position at KIPP?
About The Position
The KIPP Foundation is hiring a Vice President Finance Controller who will be responsible for ensuring accuracy and integrity of the KIPP Foundations financial and reporting systems. The Controller will lead and manage all daily accounting operations audit compliance and monthly / annual financial reporting for a growing $100MM annual budget. The Vice President Finance will manage the execution of financial compliance the general ledger procurement including vendor relationships payroll grants management and the annual audit process for KIPP Foundation. They will also provide guidance and set the bar of excellence for finance functions and support systems and process optimization to finance leaders across the KIPP Networks 28 regions.
The Vice President Finance will lead a team of 9 which includes direct supervision of the Sr. Director of Accounting & Audit Director Systems & Payables Senior Payroll Accounting and Sr. Director Grants Management. The Vice President Finance will report directly to the Chief Financial Officer.
Responsibilities
Finance and Accounting Management : Oversee the daily operations of the accounting department including control systems transactionprocessing and policies and procedures; Manage monthend and yearend closing process; Develop and maintain a welldocumented and effective system of finance and accounting procedures to ensure financial controls are implemented and monitored.
Financial Policies and Procedures : Develop analyze and make recommendations relating to accounting and financial data processing systems to ensure effective and efficient financial operations; Assist CFO in the development of accounting and financial policies and procedures review current procedures and monitor for compliance; Provide effective training to end users to ensure organizational compliance with financial policies.
Audit and Compliance : Ensure compliance with local state and federal government reporting requirements and tax filings; Safeguard assets and ensure accurate and timely recording of all transactions by implementing disciplines of internal audits controls and checks across all departments; Serve as the primary contact during audit season for all audit requests in coordination with the managing director of finance (including the workers compensation audit)
Financial Reporting : Prepare financial reports to key stakeholders including partnering with development and grants team to provide reports to funders and to the federal government; providing financial reporting packages to Board of Directors Audit Committee and Leadership Team. In addition oversee the annual financial statement and A133 Single audit
Team Leadership : Serve as member of the Expanded Leadership Team and contribute to orgwide initiative while always operating as a culture and brand ambassador for KIPP to both internal and external audiences; lead manage and coach a highperforming team of fianc professionals; advise and consult finance leaders across KIPP network to promote financial best practices.
Regional Support : Support KIPP regions in maintaining strong financial operations by setting the bar of excellence for financial management providing guidance to execute and building connections across regions through finance communities of practice. This includes supporting accurate accounting practices managing the purchasing function fiscal compliance and strengthening finance internal controls. This role will offer handson support to regions requiring intensive assistance and leverage KIPP Foundation resources to enhance financial operations and longterm sustainability across the network.
Qualifications : Skills and Mindsets
Mission & Student Focus : Demonstrates passion and commitment to KIPPs mission and possesses the desire and ability to uphold KIPPs core values (Focus on Excellent Results Collective Impact and Courageous Action)
Achievement and Outcomes Orientation : Demonstrated record of setting and achieving ambitious goals for their departments in complex or ambiguous environment; uses data research and analysis to set a high bar of excellence for goal setting; effectively distributes and redistributes work among direct reports teammates and teams to optimizes goal attainments; effectively sets and fosters a culture that enables and celebrates teammates achievements and goals attainment.
Process Management : Able to build and align goals and project plans with organization priorities; Develops and codifies processes that promote coordination efficiency and efficacy across KF and the Network; Prioritizes processes that ensure sustainability and scalability; ensures team is finding efficiencies through process implementation and improvement resource sharing or other methods
Effective Work Management : Sets a clear vision that ensures alignment of the teams work to organizational goals. Effectively prioritizes and delivers on work products that ensure sustainability and scalability of work. Develops and implements agile project plans that ensure cross functional collaboration an resource sharing to ensure achieving organizational goals; creates and ensures systems are in place for knowledge management.
People Management & Development : Effectively ensures strong professional development and coaching for teammates through layers; proficient in the mechanics of succession management and performance management for teammates; able to coach manager of managers; skilled at setting and fostering a positive team culture in which teammates feel ownership and accountability for their own and the broader teams work and results; this also includes financial leadership such as a strong example and effectively holds team members accountable to organizational financial guidelines.
Change Management & Communications : Effectively articulates case for change to multiple functions teams and / or offices through clear and compelling presentations tailoring communications and engagement approach for different audiences. Effectively translates vision into actionable plans among across team stakeholders; Champions KF and networkwide change with all stakeholders.
Experience and Qualifications
Bachelors degree in Accounting Finance or Business or 10 years of equivalent experience. CPA Designation or MBA is preferred for this role
Expertise and experience with nonprofit accounting systems and fund accounting with a strong preference for experience in public accounting
Exemplary integrity discretion and cultural competence while working with staff and with confidential / sensitive information.
Strong commitment to providing superior customer service
Strong management skills including people management team management and project management.
Comfort and desire to work with in a collaborative agile outcomesfocused equitydriven and learningoriented team.
Additional Information :
Work Conditions
Travel requirements : Up to 10% travel requested
Fulltime Exempt role
Location
It is preferred but not mandatory for this role to be based out of a KIPP Foundation office. This role also has the option of working from a remote office fulltime. KIPP Foundation offices are in NYC and Chicago.
Compensation and Benefits
In compliance with local law we are disclosing the compensation or a range thereof for roles in locations where legally required. Actual salaries will vary based on several factors including but not limited to external market data internal equity and relevant experience. The salary range for this position is $190000$227000. In addition KIPP Foundation provides a variety of benefits to employees including :
26 holidays for 18 days additional flexible PTO days (flexible PTO increases to 23 days for years 3 and 4 and to 28 days for years 5).
100% paid parental leave
100% coverage of the premium for employee and 75% for employee familys medical / dental / vision plans.
Wellness benefits such as fitness reimbursements discounted tickets to theme parks / attractions backup care support for children and adults / elders and our employee assistance program
Finance Security benefits include such as a 401K retirement plan with 4% match employersponsored legal plans life / disability insurance and flexible spending accounts
KIPP Foundation embraces the opportunity to build a workforce that reflects the diversity of the students and communities with whom we work and the world that around them. Being an equal opportunity employer means that we take seriously our responsibility to consider qualified candidates on the basis of merit without regard to race color religion national origin gender sexual orientation gender identity or expression age mental or physical disability and genetic information marital status citizenship status military status protected veteran status or any other category protected by law.
Remote Work : Employment Type :
Fulltime
Key Skills
Forecasting,Financial Services,GAAP,Accounting,IFRS,Regulatory Reporting,Financial Analysis,Financial Modeling,Budgeting,Financial Report Interpretation,Financial Management,Financial Planning
Experience : years
Vacancy : 1
Salary : $190,000 - $227,000