Vice President, Financial Planning and Operations

This is a fully remote position, open to applicants in New York.

📋 Description

• Direct the financial planning, budgeting, forecasting, and reporting for the Foundation.

• Enhance financial performance across KIPP's national network of 279 schools.

• Manage the annual operating budget and the long-term strategy for financial sustainability.

• Collaborate with fundraising and grants teams on revenue forecasts and multi-year funding strategies.

• Develop long-term financial models aligned with the strategic plan and integrate them into the annual budget.

• Oversee liquidity management against a target of seven months of cash reserves and generate monthly cash flow forecasts.

• Guide the complete annual budget cycle, including staffing plans, multi-year projections, and scenario modeling.

• Present a Board-approved budget prior to the start of the fiscal year.

• Facilitate rolling forecasts and hold budget managers accountable for achieving targets.

• Align staffing and investment choices with financial goals and offer corrective recommendations.

• Execute timely monthly financial reporting and analysis.

• Supervise procurement, accounts payable and receivable, payroll, and corporate card processes.

• Ensure internal controls, policy adherence, and readiness for audits are maintained.

• Promote process enhancements, automation, expense management, and ERP strategy.

• Integrate operations, accounting, and planning systems for precise real-time data.

• Lead financial monitoring across KIPP regions while partnering with regional superintendents and CFOs.

• Assess regional financial health through quarterly data, budgets, and audits.

• Develop a tiered regional support model to address financial challenges.

• Establish standards for regional financial performance, reporting, internal controls, and pass-through funding.

• Mentor regional CFOs and finance leaders in navigating complex challenges.

• Drive the finance community of practice across regions.

• Provide strategic advice to leadership on network-wide trends and long-term sustainability investments.

• Lead and nurture a Finance team of six, which includes four direct reports.

• Participate in the Finance Leadership Team to help shape the direction of Foundation Finance.

⛳️ Requirements

• Over 10 years of progressive finance experience, including leadership in financial planning, operations, accounting, or auditing.

• Bachelor's degree or equivalent experience required.

• An MBA or other advanced degree is preferred.

• Nonprofit finance experience is essential.

• Extensive understanding of nonprofit and fund accounting is necessary.

• Strong knowledge of federal funds and associated compliance requirements.

• Demonstrated success in driving robust financial performance through budgeting, forecasting, and providing decision support to senior leaders and boards.

• Proven experience in overseeing finance operations and internal control environments, including procurement, accounts payable and receivable, payroll, and compliance.

• Experience in building and leading high-performing teams, including managing managers and leading cross-functional initiatives.

• Ability to convert complex financial data into clear insights and actionable recommendations for leaders across various functions.

• Experience in supporting financial performance across multiple sites, regions, or affiliated organizations is preferred.

• Strong passion for KIPP’s mission and commitment to upholding KIPP’s core values.

• Capacity to set and achieve ambitious goals in complex or ambiguous environments.

• Proficiency in utilizing data, research, and analysis for goal setting and decision-making.

• Ability to prioritize and produce scalable, sustainable deliverables.

• Skilled in developing agile project plans and knowledge-management systems.

• Competence in establishing and formalizing efficient organizational processes.

• Strong ability to communicate change through clear, compelling presentations.

• Excellent collaboration, relationship-building, diplomatic, and communication skills.

• Capabilities in professional development, succession management, and performance management.

• Willingness to travel 10–15% of the time (approximately 20–30 days per year).

🏝️ Benefits

• 25 holidays.

• 18 additional flexible PTO days, increasing to 23 days for years 3 and 4, and 28 days for years 5 and beyond.

• 100% paid parental leave.

• Full coverage of premiums for employee medical/dental/vision plans.

• 75% coverage of premiums for employee + family medical/dental/vision plans.

• Fitness reimbursements.

• Discounted tickets to theme parks and attractions.

• Backup care support for children and adult/elder care.

• Employee assistance program.

• 401(k) retirement plan with a 4% match.

• Employer-sponsored legal plans.

• Life and disability insurance.

• Flexible spending accounts.

• Option to work remotely on a full-time basis.