Regional Office: Chief Finance Officer Position Available In Essex, Massachusetts

Job Description:

Together with our families and communities, we create joyful andidentity-affirming schools where students achieve excellent andequitable academic outcomes. We believe doing this ensures that ourstudents are prepared to pursue any path they choose — college,career, and beyond — so they can lead fulfilling lives and build amore just world.

Our program is based on:

A focus on high-qualityinstruction supported by rigorous professional development toensure that our students develop the academic skills necessary topursue the life they choose. A high regard for characterdevelopment to ensure that our students and staff celebrate anddevelop their character and identity strengths. An emphasis onfamily engagement, because we believe that our students are mostlikely to be able to maximize their potential when we work inpartnership with our students and their families. A focus oncollege readiness for all students so that all students can makechoices about their post-secondary education and future. What We DoWe seek to provide a world-class education for students fromeducationally underserved communities in Lynn and Boston. Ourstudent demographics mirror those of neighborhood schools in termsof race, socioeconomic status, Multilingual Learners (MLL), andstudents who receive special education services. Our promise tofamilies is that their children will enter college and theprofessional world able to thrive academically due to theirliteracy, numeracy, and core knowledge in science and socialstudies. We also promise that our students will develop the zestfor learning and grit necessary to persevere as they climb themountain to and through college and career. Our graduates will beprepared to return to their community as teachers, leaders, andarchitects of continued growth in Lynn and Boston. Who We Are KIPPMassachusetts began enrolling students in 2004. We currently holdtwo charters, operating two “districts.” Our first district, KIPPAcademy Lynn Charter School, is based in Lynn, MA. Our seconddistrict, KIPP Academy Boston Charter School, is based in Mattapan,MA. Each district is housed on one or more “campuses,” which we useto refer to different grade spans, for example, elementary grades,middle school grades, or high school grades. In Lynn, KIPP AcademyLynn Elementary (serving grades K-4), KIPP Academy Lynn Middle(serving grades 5-8), and KIPP Academy Lynn Collegiate (servinggrades 9-12), are all under our Lynn charter. Admission to anygrade in the Lynn district is admission to all remaining grades inthe Lynn district

K-12. 74

% of our students in Lynn are Hispanic,15% are Black, 3% are multiracial, 5% White, and 4% Asian. InBoston, KIPP Academy Boston (serving grades K-8) is under ourBoston charter. Admission to any grade in the Boston district isadmission to all remaining grades in the Boston district K-8. 36%of our students in Boston are Hispanic, 59% are Black, 3% aremultiracial, 1% are White, and 1% are American Indian or AlaskanNative. Across both districts, we serve over 2,200 students. KIPPMA has a Regional Office, with teams such as Teaching and Learning,Talent and Operations, which supports both districts. KIPPFoundation KIPP Massachusetts partners with the KIPP Foundation,which is a non-profit national network of college-preparatorypublic charter schools serving elementary, middle and high schoolstudents. The KIPP Network has a 30 year track record of preparingour students in educationally underserved communities for successin college and life. The KIPP Public Schools Network is made up of278 K-12 schools, 28 regional support organizations, and thenonprofit KIPP Foundation. We are a national network with nearly16,500 educators and 190,000 students and alumni. Together, wecontinually raise the bar for teaching and learning, then ensuresuccess in one classroom travels across our network to hundredsmore. We believe that excellent academic, safe and structuredschools, empowered teachers, an emphasis on character developmentand support through college and career are the foundation forstudent success, and we strive to provide this for every student.

All KIPP schools, whether they are in Massachusetts or in otherstates, are part of the free public school system in theirrespective states and enrollment is open to all students. KIPPpublic charter schools are given more academic and budgetaryflexibility than traditional public schools, and in exchange committo deliver high-quality academic results for students. JobDescription The Chief Financial Officer (CFO) leads KIPP MA’sfinance and accounting functions, managing resources that fuel ourprogress toward impact, sustainability, and scale. An experiencedmanager aligned with KIPP MA’s values and culture, the CFO overseesa team of finance staff and outsourced partners and consultants.

Reporting to the Executive Director, the CFO is a key member ofKIPP MA’s executive leadership team, collaborating with staffacross our region and schools in Lynn and Boston. Bringingsophisticated finance expertise, the CFO manages: FinancialOperations, Controls & Compliance? Financial Reporting? Budgeting?

Real Estate Financing? and Sustainability Planning. With increasingorganizational and financial complexities, the CFO providesstrategic leadership and seasoned management to the KIPP MAnetwork. This role requires consistent and reliable demonstrationof the following essential job functions and key responsibilities:

KEY RESPONSIBILITIES

Strategic Finance Budgeting & Planning:

Oversee KIPP MA’s long-term financial strategy and ensure financialhealth while maximizing resources available to students Overseeefficient and effective budget, forecast, and monthly varianceanalysis processes; ensure maintenance with all financial covenantsDeliver concise and clear analyses and takeaways to stakeholders,including boards, finance committees, and internal teams; identifyrecommendations and action steps based on financial analysesProduce accurate and timely monthly financial statements for schoolleadership and executive team to review, includingbudget-to-actuals-to-forecast for income statement, cash flow, andbalance sheet Produce accurate, timely financial reports forspecial analyses, projects, grants/contracts, and planning withboard, leadership team, school leaders, department managers Define,track, and report progress on financial health and sustainabilitymetrics Oversee finance portions of public grants managementincluding budgeting and reporting Coordinate with Development teamon revenue projections, recognition, reporting and budgets Designand lead annual budgeting process, collaborating with leadershipteam, regional office staff, school leadership and operationsstaff, and board Develop business plans and multi-year financialand sustainability strategy and modeling Staff Management FinancialOperations, Controls & Compliance Directly hire, manage and developregional office finance staff (3-4 FTE) to conduct tasks such asaccounts payable, accounts receivable, and other daily accountingand financial functions and general ledger transactions Document,communicate, and manage staff on fiscal policies and proceduresLead financial components of cross-functional projects withExecutive Team Leaders (ELT) as needed and directed Provide strongleadership and supportive culture to finance staff in order toattract, develop, and retain high quality team members Activelyengage all stakeholders by sharing information in a timely manner,seeking to understand multiple perspectives, and authenticallypartnering across teams Build trusting relationships across theorganization in order to foster meaningful collaboration betweenfinance and all other functional areas Model and develops in othersa spirit of continuous learning Financial Controls and ComplianceProject manage preparation for and participation in financial andcompliance audit Manage all reporting and audits for KIPPMA FundsBoard and KIPPMA Management, LLC Oversee tax reporting Real EstateFinance Work closely with Executive Director, Board facilitiescommittee and external consultants to align operating financialswith real estate project financials, financing requirements andreporting Monitor closely and ensure adherence to all financialcovenants and agreements related to bank loans and financings.

Periodically lead market evaluations to ensure KIPP’s bankingrelationships are consistent with market rates. Lead effort torefinance real estate loans if appropriate. General Requirementsand Responsibilities Embody KIPP MA’s Code of Conduct by actingwith integrity, leading with humanity, centering self-awareness andcritical consciousness, taking personal responsibility, andengaging productively Participate and engage in regionalprofessional development and community events as required KIPP MAstaff are supported in their demanding work by experienced anddedicated leadership and staff who have themselves provensuccessful in their role. Our KIPP MA Executive Leadership Teamsmaintain consistent systems and procedures designed to permit staffto do their best work. In addition to the responsibilities listedabove, there will occasionally be other duties as assigned thatstaff will engage in to help promote a positive and safe learningenvironment and culture.

Qualifications Qualifications for therole:

Deep alignment with KIPP MA’s mission and values, includingthe unwavering belief in the high potential of all studentsAdvanced expertise in financial functions required, including:

Accounting & Controls; Compliance; Reporting; Budgeting; Grants;Real Estate; Financial Modeling; Business Planning Nonprofit orpublic sector experience required, preferably in a high-performing,growing, multi-site education or school organization 10 years ofprofessional experience with substantial experience overseeingfinancial systems and successfully developing multiple staffmembers Demonstrated commitment to superior customer service; goaldriven, accountable, and reliable; strong attention to detail andfollow through Proven ability to plan, build and execute at thesame time Highly flexible with the versatility to shift betweenstrategic and tactical responsibilities Excellent written and oralcommunication skills. Ability to explain technical financialinformation clearly and concisely to non-finance professionalsOrganized project manager with the ability to multitask andprioritize effectively Deep alignment with

KIPP:

MA mission, values,culture and team. Relentless determination to do whatever it takesto help our students succeed Advanced proficiency in MS Excel andfinancial information systems (esp Abila MIP Fund Accounting)Bachelor’s Degree required, Master’s in business, finance,accounting or public administration and/or CPA preferred PassCriminal Background Checks Additional Information What We Offer Theminimum base salary for this exempt position is $150,000 to $180,00(per 1.0 FTE/45 hours per week), with a $1,000 signing bonus—and anannual performance bonus as well as other bonuses, when eligible.

This role follows our 12 Month calendar. KIPP MA is an EqualOpportunity Employer. We believe in building a vibrant andwelcoming school community that advances our mission of ensuringthat all KIPP students graduate with the skills and confidence tolead fulfilling lives. This includes a commitment to attracting anddeveloping individuals who understand the experiences of thestudents and communities we serve. We hire without consideration torace, religion, creed, color, national origin, age, gender, sexualorientation, marital status, veteran status, or disability.