NYC Chief Financial Officer

Position: KIPP NYC Chief Financial Officer
Company Description

About KIPP NYC

Founded in 1995, KIPP NYC Public Schools is a non-profit network of 18 free, public charter schools located in the Bronx, Brooklyn, and Manhattan. We partner with families and communities to create joyful, academically excellent schools where every child grows up free to create the future they want for themselves and their communities.

From our first middle school, KIPP Academy in the Bronx, to today's network of eight elementary schools, nine middle schools, and one high school, KIPP NYC provides students with engaging academics, arts, athletics, and social-emotional learning that prepare them for college, career, and beyond.

Our commitment doesn't end ough KIPP Forward, we continue to support our alumni as they navigate college, career, and life, helping them define success on their own terms and pursue the paths that align with their goals and sense of purpose.

Together, we serve more than 9,400 students, support 4,700 alumni, and employ over 1,100 dedicated team members who bring passion, expertise, and commitment to our mission every day.

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 KIPP NYC's financial strategy, with the primary goal of ensuring long-term financial health while prioritizing resources to support student outcomes. The CFO will continue to strengthen the finance function, ensuring timely and accurate financial operations, robust internal controls, and effective strategic planning.

They will also lead and develop the Accounting and FP&A teams (13 team members). The Chief Financial Officer will report to the President.

Building on significant progress made under interim leadership-including improved close processes, clearer team structure, and strengthened audit readiness-the CFO will complete the hiring of several key roles and lead further operational improvements across accounting, FP&A, reporting, and treasury.

This role is based in our office in Midtown Manhattan, with the 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.

Duties and Responsibilities:

General responsibilities include (but are 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
• Enhance reporting quality and consistency to support effective engagement by the finance committee.
• Lead a multi-year modernization of the budgeting process, including zero-based budgeting with the Senior Leadership Team and early steps toward school-based budgeting.

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)
• Ensure completion of accounting improvements initiated during the transition period and reinforce strong financial discipline.
• Enhance the monthly close process to achieve a 25-day reporting cycle, ensuring accuracy, completeness, and high-quality analysis.
• Lead consolidation and rationalization of the organization's complex cash management structure, including multiple bank accounts across entities.

Stakeholder and Team Management

• Complete team-building efforts, including onboarding several new hires in senior and staff roles, and strengthening a collaborative, high-performance culture.
• Manage the finance team and provide team…