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Chief Financial Officer

Company Description

To apply for this role, go to On-Ramps website: https://www.on-ramps.com/jobs/2065. Any applications through this page will be directed to apply to On-Ramps.
About KIPP North Carolina
In 2020, KIPP Eastern North Carolina (KIPP ENC) and KIPP Charlotte took the first steps to begin to merge and form KIPP North Carolina Public Schools (KIPP NC). Starting in July of 2021, KIPP NC will be a network of eight high-performing, college-preparatory public charter schools providing an academically rigorous and joyous school experience to more than 3,500 students in grades K-12 in Charlotte, Durham, Gaston, and Halifax. Additionally, KIPP NC will support several thousand alumni on their journey to and through high school, college, and career.
Our History
KIPP NC will build on a rich tradition of academic excellence and relentless fight for social justice present from the founding of both KIPP ENC and KIPP Charlotte. KIPP ENC is the second oldest KIPP region in the nation. In its 20 years of operation, KIPP ENC has been a cornerstone for students and families in rural Gaston and Halifax, operating two primary schools, two middle schools, and one high school. Over the past five years, it grew to serve even more students by opening up a middle school in Durham, an urban center in the center part of the state. KIPP Charlotte, which grew out of the strong traditions and academics of KIPP ENC, has supported students and families for the past 13 years, operating one primary school and one middle school in the largest city in North Carolina.
Our Commitment to Anti-Racist and Inclusive Schools
KIPP North Carolina will build upon the successes and experiences of KIPP ENC and KIPP Charlotte to provide inclusive school environments and an educational program that will enable our students to lead full lives and equip graduates to be future leaders and agents of change in North Carolina and beyond. KIPP NC also will continue to engage in direct, anti-racist work, and it will contribute meaningfully to the dismantling of structures of inequality within our organization, schools, and classrooms. KIPP NC will be committed to expanding our efforts to embed anti-racism in all of our activities and engagements within our classrooms and schools, across our organization, and throughout the State of North Carolina. All of this will be in a tireless effort to create classrooms that are homeplaces for our students, places where they feel safe, loved, validated, seen, and heard, places where all their beautiful identities will be affirmed and celebrated, and places where they will learn the academic knowledge and skills needed for college, career, and beyond.

Job Description

KIPP North Carolina seeks a dynamic and strategic leader to serve as its founding Chief Financial Officer. Reporting to the Executive Director, the Chief Financial Officer will set the strategic financial vision for KIPP NC and support organization-wide financial decision making. Bringing sophisticated finance expertise to KIPP NC, the Chief Financial Officer manages all aspects of the organization's finances, including financial operations, controls and compliance, financial reporting, budgeting, real estate financing, and sustainability planning.
The CFO will directly manage one director (responsible for budgeting and financial planning), who in turn manages a three-person team responsible for budgeting, payroll, accounting, and federal grants management. The CFO will coach and lead their team to forge strong partnerships across the state, all while fostering a responsive, customer-centric environment.
This is an ideal opportunity for a dynamic and visionary organizational leader to play a critical role in building and shaping a premier K-12 charter management organization committed to supporting all our students to graduate college and succeed in school and life.
Responsibilities include, but are not limited to:
Finance & Accounting
  • Provides leadership and builds systems-often from scratch-in the areas of financial reporting, accounting operations, payroll, purchasing, expense, and cash and inventory control functions
  • Serves as the organizational leader managing all aspects of the organization's finances; supports Central Office colleagues, the Board, and appropriate school-based staff through financial modeling, compliance, and data-driven analysis
  • Manages the organization's finance function to ensure the accurate execution of operational finance (i.e., accounting, reporting, banking, budgeting, procurement, and compliance) and the delivery of all mandated financial reports to authorizers, lenders, funders, auditors, and other key stakeholders
  • Leads the development of the organization's long-term financial strategy, including strengthening of the organization's balance sheet and setting other appropriate financial targets to ensure strong financial health and financial sustainability for the organization
  • Implements protocols to effectively manage current and future federal and state grants to ensure grants are secured, allocated, budgeted, tracked, and in compliance
  • Leverages technology to maximize the efficiency of the financial needs of the organization, including expense management and payroll software platforms and part of the organization's HR information system
Organizational & Team Leadership
  • Oversees KIPP NC's annual and multi-year strategic planning processes in collaboration with regional and school leaders to establish multi-year, detailed financial models that align with growth projections
  • Develops organization-wide financial strategies, systems and processes, and key performance indicators for growth and success
  • Shares best practices and learnings with the broader, national KIPP network as well as local charter and public school networks
Strategic Leadership
  • Partners with Central Office colleagues and school-based staff on operational and strategic issues as they arise; provide recommendations based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis
  • Leads the design, revision, and roll out for the creation of new systems, structures, and policies, and adeptly manage communication and project plans to ensure thorough understanding and follow-through
  • Spearheads the creation of financial models for new initiatives in collaboration with schools and appropriate Central Office colleagues
People & Stakeholder Management
  • Identifies opportunities and leads the change management process to establish the Finance Team as collaborative and customer-centric, supporting partnerships across the organization
  • Creates a professional development plan for all members of the organization to increase their capacity, technical knowledge base, and soft skill growth
  • Manages the Board's Finance Committee, serving as a trusted advisor and thought partner to its members and the Board
  • Works alongside all teams to support finance, accounting, and budget decision-making through the development and implementation of clear communication systems and timelines
  • Supports the Development Team by reviewing and confirming classifications for donations and gifts


Qualifications

The successful candidate will possess the following skills and attributes:
  • A deep commitment to the mission of KIPP NC and an unwavering belief in the potential of all our students
  • An unwavering commitment to anti-racism, diversity, equity, and inclusion, with an ability to serve as an exemplar for the organization's values and foster an inclusive and respectful workplace
  • A strong desire to collaborate with school leaders and Central Office teammates in service to a new KIPP region growing out of two exceptionally strong ones
  • Rigorous accounting or finance training required. BS in Accounting or Finance, a CPA, and/or an MBA, MPA, or other Masters' equivalent degree preferred.
  • 10+ years in progressively responsible financial leadership roles
  • Significant experience in senior budget and finance positions at complex organizations, ideally at education nonprofits or charter management organizations
  • Experience and/or exposure to multiple lines of business with a demonstrated mix in both the public and private sector
  • Strong analytical capabilities including financial planning, forecasting, modeling, and data analysis
  • Proven project management skills as it relates to the creation of different systems and structures
  • Excellent communication skills and ability to work collaboratively across teams across the organization
  • Demonstrates integrity, both in words and actions, and encourages ethical behavior and decision making
  • Commitment to anti-racism, diversity, equity, and inclusion, with an ability to serve as an exemplar for the organization's values and foster an inclusive and respectful workplace
  • Possess a deep commitment to both racial equity and improving the lives of kids from low-income communities; experience working within predominantly Black, Brown, and/or low-income communities
  • Understanding and willingness to work in both rural and urban communities, including exhibiting resourcefulness and willingness to travel up to five hours within North Carolina multiple days per week based on need
  • Collaborative approach to executive leadership, and the ability to work effectively with cross functional teams to meet goals and improve organizational performance
LOCATION: Must live in North Carolina; Raleigh-Durham-Chapel Hill, ideal, given the area's equal distance from our schools in Charlotte, Gaston, and Halifax

Additional Information

Compensation
Compensation is commensurate with experience and includes a generous benefits package.
KIPP North Carolina does not and shall not discriminate on the race, color, religion, creed, national or ethnic origin, age, sex, gender identity, sexual orientation, marital or parental status, disability, source of income, or status as a veteran in any of its activities or operations.
All your information will be kept confidential according to EEO guidelines.

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