Finance Associate

Los Angeles, CA, United States

Who We Are

KIPP SoCal Public Schools is a nonprofit organization that operates 23 tuition-free, open-enrollment charter public schools, within 20 Local Education Agencies (LEA), educating more than 10,000 students and supporting 6,800 alumni to and through college and beyond.

What We Believe

KIPP SoCal believes that the purpose of education is for liberation. This means that we see, develop, and inspire the limitless potential in each and all of our KIPPsters.

What We Do

At KIPP SoCal we build trusting relationships that are strengthened by high expectations and collaboration alongside laughter and joy. We set ambitious goals and hold each other accountable for students achieving their greatest potential. We work together with each other and in partnership with families and communities in the active pursuit of a more equitable world. We do the right thing, even when it's not always comfortable standing up and speaking out against anti-blackness, racism, oppression, and injustice. We persevere through obstacles and treat failure as an opportunity to learn and grow.

What You'll Do The Finance Associate is responsible for the development and analysis of KIPP SoCal’s financial information, including key areas of budgeting, financial planning and reporting. This position will report to the Director of Finance. Key responsibilities will include:

1. Perform financial modeling and analysis to ensure the schools’ and region’s financial health. Activities include but are not limited to:

1a. Support the formulation of annual budgets and long-term forecasts, including revenue and expense forecasting, budget planning, capital spending analysis, and balance sheet analysis in conjunction with the Director of Finance.

1b. Review and support the maintenance of the rolling 12-month cash flow model on a monthly basis, including payroll review, coding reclassifications, end-of-year projections, and budget-to-actual comparisons.

1c. Perform analyses, as required, on various financial and operational issues such as: evaluation of third-party versus in-house service provisions; vendor and contract comparisons; and measures of operational effectiveness, and then use these analyses to recommend potential cost savings measures.

1d. Develop effective tools for the Management Team, Finance Committee and Board to use to monitor, assess, and evaluate the financial performance and structure of KIPP SoCal Public Schools.

2. Drive Day-to-day Financial Operations for the SST and schools with responsibilities in the areas of budgeting, performance assessment, and reporting. These areas include but are not limited to:

2a. Support the preparation of timely monthly financial statements and updating budget trackers.

2b. Support the preparation of timely and relevant management reports that provide insights into the organization’s performance against its financial plans and related financial health.

2c. Support the preparation of financial reports for the Board and Finance Committee, lenders, authorizers, state and federal agencies, and donors

2d. Collaborate with various SST teams to develop specialized sub-budgets, update financial assumptions & projections, and produce ad-hoc financial reports.

2e. Manage and route the Finance & Accounting helpdesk tickets and provide high quality customer service to our team members with Finance & Accounting related issues.

3. Serve as a valued thought partner to others in the organization, including the CFO, Director of Finance, School Leaders, and School Business Operations Managers .

3a. Contribute to increasing the financial literacy and business acumen of the organization.

3b. Participate in regular budget meetings with School Leaders, School Business Operations Managers, and regional personnel to discuss and analyze expenditures, and modify projections.

3c. Partner with School Business Operations Managers as their budget management advisor and develop their ability to meet budget targets.

You’ll Be Qualified If You Have BA or BS from an accredited institution

1 to 2 years of experience in a financial or data analysis role preferred

Excellent written and verbal communication and presentation skills

Strong analytical and problem‐solving skills

High proficiency in Microsoft Excel and Google sheets

Detail‐ and results‐oriented team player who is dedicated to getting the job done accurately and on a timely basis

Tenacity and a willingness to do whatever it takes to achieve KIPP SoCal’s vision

Respect for team members and the communities KIPP SoCal serves

Unquestioned integrity and commitment to KIPP SoCal’s mission.

Joining KIPP SoCal Means the Following Working at an organization committed to the hard work necessary to ensure education is for liberation

Spending time with students and families in the best communities of LA, Compton, and San Diego

Support and care from fellow regional team members

Ongoing professional development and coaching from manager

Benefits and Compensation KIPP SoCal Public Schools offers a competitive salary commensurate with experience in a similar position. The salary range for this position is $64,480 to $82,200 per year. New hires are typically brought into the organization at a salary between the range minimum and the salary range midpoint of $68,500 depending on qualifications, internal equity, and the budget allocated for this role.

100% of healthcare premium costs covered by employer, dependents added at 50% of the cost

Employer-paid KIPP SoCal life insurance

401(k) plan with up to 6% match by KIPP SoCal

Voluntary Benefits (Pet Insurance, Supplemental Life, Accident, Short Term Disability, etc.)

Generous paid time off program includes 22 holidays, 10 sick days, and 10 vacation days per year

Other great benefits (Flexible spending account, EAP, etc.)

KIPP SoCal Public Schools is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, age, national origin, veteran status, disability, sexual orientation/gender identity, or any other characteristic protected by applicable law.

KIPP SoCal strives to ensure that our careers website is accessible to all, including individuals with disabilities. If you require reasonable accommodation for any part of the application or hiring process due to a disability, please contact us. You can find our contact information on our website, http://www.kippsocal.org/ . Information will be sent to a talent acquisition representative who will provide assistance to ensure appropriate consideration in the hiring process.

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