KIPP NYC Controller, Finance Team

KIPP • New York, NY

261d • $185,000 - $210,000 • Remote

About The Position

The Controller is an ambitious, detail-oriented and self-motivated individual who will report to and partner with the Chief Financial Officer (CFO). The Controller will be responsible for the day-to-day accounting for financial transactions; ensuring the monthly closing process is completed accurately for all KIPP NYC entities; and developing, implementing, and ensuring compliance with financial policies and procedures consistent with generally accepted accounting principles (GAAP). They will support a nearly $200M annual operating budget, growing to nearly $300M by 2030. The Controller will be responsible for maintaining and continuously improving the system of financial controls, including general accounting, audit, tax compliance, and banking. This individual will respond quickly and with sound judgment to a variety of situations in a fast-paced environment and handle sensitive information in a professional manner. They will be hands-on and contribute at all levels including internal and external reporting, while also serving as a thought partner to the CFO on many issues. The Controller directly supervises a team of 9.

Requirements

• Bachelor's degree required; CPA and/or MBA preferred
• A seasoned accounting leader with 15+ years of accounting and finance experience including solid experience coordinating audit activities and managing accounts payable and receivable, and general ledger functions
• Prior experience as Controller at a similar-sized organization (an operating budget of $100M - $300M) and prior experience with multiple audits across multiple entities
• Experience working in non-profit accounting and/or experience in schools strongly preferred
• A track record in grants management as it relates to compliance and reporting of government, corporate and foundation grants is essential
• Commitment to recruiting, mentoring, training, and retaining a diverse team; the foresight and ability to delegate accordingly
• Meticulous attention to detail and ability to maintain confidentiality of information
• Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, board or other outside partners
• Proficiency using Microsoft Office products with strong Excel skills; experience utilizing Sage Intacct and compatible accounting software strongly preferred; and an aptitude for learning new software
• Systems builder who brings excellent analytical skills characterized by identifying, assimilating, and comprehending the critical elements of various situations, and extracting and interpreting the implications

Responsibilities

• Comply with generally accepted accounting policies and procedures
• Maintain general ledger, subsidiary ledgers, and other accounting records needed for preparation of the financial audit
• Manage and maintain a strict deadline to close the financial activities of the month, including the preparation and analysis of the monthly balance sheet, statement of activities, and cash flow forecasts
• Prepare and/or review monthly, quarterly, and annual reconciliation of all accounts
• Manage the revenue cycle and review accounts receivables and billings; enhance the process to optimize cash flow
• Manage, maintain, and update the financial accounting system, including the full responsibility for KIPP NYC's chart of accounts
• Oversee all grants accounting; ensure that expenditures are consistently aligned with grant budgets throughout the grant period; manage the collection of financial reporting materials for government, corporate, and foundation grants
• Develop, automate, and implement systems, policies, procedures, and internal controls to ensure compliance with accounting standards and improve efficiencies
• Partner with CFO on annual updates to the Fiscal Policies and Procedures Manual
• Ensure record retention and compliance of agency accounting files
• Prepare and submit tax returns IRS990 for all KIPP NYC entities with the assistance of the external audit/tax preparation partner
• Manage the annual audit to ensure the accurate preparations of audit schedules, financial statements, and footnotes in coordination with the external preparation partner for KIPP NYC's annual audit
• Provide support to auditors during the annual audit
• Manage and track the performance of invested assets in keeping with policies and investment guidelines
• Manage the prompt reconciliation of all monthly bank statements, including investment accounts
• Manage interbank fund transfers and approve as necessary
• Liaise with all banking and investment partners
• Work with team to continuously improve the quality of work on the team; provide training, direction, motivation, and opportunities for skills development
• Manage a 9 person accounting team
• Manage relationships with internal clients and act as a key business partner to them, building high levels of professional credibility and mutual trust
• Lead cultural and structural change management initiatives
• Support the CFO with preparation of documentation for Audit and Finance committees

Benefits

• Competitive salary ranging from $185,000 - $210,000
• Robust benefits that include medical, dental, and vision
• Generous Time-Off including 5 school vacation weeks, sick and personal days, and an extended summer break
• 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 including 8 Weeks paid Sabbatical after 10 years, annual professional development funds, and tuition reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Merchant Wholesalers, Durable Goods
• Education Level: Bachelor's degree