Chief Financial Officer

Company Description

About KIPP NYC

KIPP NYC Public Schools is a non-profit network of 18 free, public charter schools in the Bronx, Brooklyn, and Manhattan. We partner with families and communities to create joyful and rigorous schools in pursuit of a more just world. In 1995 we started our first middle school, KIPP Academy, in the Bronx, with a vision that every child grows up free to create the future they want for themselves and their communities. Today, our network consists of eight elementary schools, nine middle schools, one high school, and KIPP Forward, a comprehensive program to support our students and alumni in choosing and preparing for the educational and career paths that fit their goals and sense of purpose. KIPP NYC currently serves more than 11,000 students and alumni, has a staff of more than 1,000 (11% of whom are alumni), and continues to grow!

Job Description

Position Overview

The KIPP NYC Chief Financial Officer is an essential leadership role on the KIPP NYC executive team, overseeing a nearly $200M annual operating budget, growing to nearly $300M by 2030. The CFO will execute on KIPP NYC’s financial strategy, with the primary goal of ensuring long-term financial health while supporting the prioritization of resources to support student outcomes. The CFO will build upon existing infrastructure to increase efficiency, will be responsible for ensuring accurate and timely accounting, and leading and developing the Accounting and Financial Planning & Analysis teams (12 team members). The Chief Financial Officer will report to the President.

This role is based out of our office in midtown Manhattan, with flexibility to work from home two days a week. Currently, KIPP NYC regional teammates are required to be present in the office or at a school three days a week.

Primary Responsibilities, including but not limited to :

Strategic Finance

• Oversee KIPP NYC’s long-term financial strategy and ensure financial health while maximizing resources available to students.
• Oversee efficient and effective budget, forecast, and monthly variance analysis processes; ensure maintenance with all financial covenants.
• Deliver concise and clear analyses and takeaways to stakeholders, including boards, finance committees, and internal teams; identify recommendations and action steps based on financial analyses.

Accounting, Controls & Reporting

• Oversee timely delivery of annual audits, free of findings, and ongoing external reporting (e.g., authorizer reporting).
• Oversee all financial functions to ensure accurate and timely execution of operational finance (i.e., bookkeeping, banking, payroll, public grant compliance, compliance with all fiscal policies and procedures).

Stakeholder Management & Development

• Manage accounting and Financial Planning & Analysis teams; provide team members with coaching, regular feedback, professional development, and training.
• Play a key role on the leadership team, providing team with critical financial insights to inform decisions and daily operations.
• Create a positive work environment with high employee engagement.
• Build and maintain strong relationships with teams across the organization and oversee the delivery of high-quality financial services to the organization and our schools.

Systems, Processes and Training

• Enhance and / or build systems and processes for all aspects of the finance team work including key accounting, reporting and compliance workstreams.
• Design and deliver training to school leaders and Shared Service Team members to support the strong implementation of Fiscal Policies and Procedures.

Qualifications

• BA / BS required; Master’s degree in business administration, finance or accounting highly preferred.
• 15 years of relevant work experience, including 10 years in senior finance and / or accounting roles.
• Significant experience in organizations of $100M preferred, ideally in education nonprofits.
• Track record of building systems to ensure the health and sustainability of the finance function.
• Humble leader seeking opportunities to improve.
• Deep experience setting a strong vision and leading, developing, and managing a finance team to deliver on their annual and long-term goals.
• Strong interpersonal skills, with the ability to develop productive working relationships with multiple stakeholders across the organization.
• Ability to exercise discretion and judgment with the handling of highly sensitive and confidential information.
• Meticulous attention to detail with an ability to produce high-quality work in a dynamic, fast-paced environment.
• Demonstrated passion for and a commitment to the KIPP NYC mission for high-quality public education and social justice for all.

Additional Information

KIPP NYC offers a competitive salary ranging from $230,000 - $280,000. 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.

How to Apply : To apply, please complete the application by November 4, 2024.

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.

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

KIPP NYC LLC is an anti-racist 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.

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Salary : $230,000 - $280,000