KIPP NYC Chief Financial Officer

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Job description

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

How to Apply: KIPP NYC has engaged to lead the search for our CFO. To apply, please complete the application by November 4, 2024.

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