Chief Financial Officer (Hybrid)

DGW Group (KIPP NYC Public Charter Schools) - New York, NY, United States

About KIPP NYC

KIPP NYC Public Schools is a non-profit network of free, public charter schools that prepares students for success in college and life. In 1995 we started our first middle school, KIPP Academy, in The Bronx. Our goal was to graduate students with the strength of character and academic abilities needed to succeed in high school, college, and beyond – and in so doing, to prove what is possible for all students. Today, our New York City network is comprised of eight elementary schools, nine middle schools, one comprehensive high school, KIPP Culinary, a food service program and KIPP Forward, a comprehensive support program for our alumni. KIPP NYC Public Schools currently serves more than 9,000 students and alumni and has a staff of more than 850.

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 an option for a hybrid schedule. Currently, KIPP NYC regional teammates are required to be present in the office or at a school three days a week. There is flexibility to work from home two 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 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.

Compensation and Benefits:

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.

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

  • Robust benefits that include medical, dental, and vision

  • 403(b) retirement plan with 50% match after six months

  • Generous time off aligned with the school calendar

  • Up to 12 weeks 100% parental leave

  • Bright Horizon Back-up Child and Elder Care

  • Employer-paid Life Insurance and Short term / Long term disability

  • Employee incentives include 8 Weeks paid Sabbatical after ten years, annual professional development funds, and tuition reimbursement

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 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.

How To Apply

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

 




Posted On: Tuesday, September 24, 2024



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