KIPP NYC Controller, Finance Team

Position OverviewThe 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.Duties & Responsibilities include (but are not limited to): General Accounting and ReportingComply with generally accepted accounting policies and proceduresMaintain general ledger, subsidiary ledgers, and other accounting records needed for preparation of the financial auditManage 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 forecastsPrepare and/or review monthly, quarterly, and annual reconciliation of all accountsManage the revenue cycle and review accounts receivables and billings; enhance the process to optimize cash flowManage, maintain, and update the financial accounting system, including the full responsibility for KIPP NYC’s chart of accountsOversee 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 grantsFinancial Policies and ProceduresDevelop, automate, and implement systems, policies, procedures, and internal controls to ensure compliance with accounting standards and improve efficienciesPartner with CFO on annual updates to the Fiscal Policies and Procedures ManualEnsure record retention and compliance of agency accounting filesAudit, Tax, and Lender ComplianceWith the assistance of the external audit/tax preparation partner, prepare and submit tax returns IRS990 for all KIPP NYC entitiesManage 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 auditComplete regular debt compliance reportingBankingManage and track the performance of invested assets in keeping with policies and investment guidelinesManage the prompt reconciliation all monthly bank statements, including investment accountsManage interbank fund transfers and approve as necessaryLiaise with all banking and investment partnersOrganizational and Team Leadership Work with team to continuously improve the quality of work on the team; provide training, direction, motivation, and opportunities for skills developmentManage a 9 person accounting teamManage relationships with internal clients and act as a key business partner to them, building high levels of professional credibility and mutual trustLead cultural and structural change management initiativesSupport the CFO with preparation of documentation for Audit and Finance committees