Coney Island Prep · 16 hours ago
Chief Financial Officer
Coney Island Preparatory Public Charter School is a college preparatory public charter school in Brooklyn, New York. They are seeking a Chief Financial Officer (CFO) to lead their finance team, ensuring long-term financial health and compliance while supporting the school's mission and operational goals.
Education
Responsibilities
Operate with Effectiveness by leading with a systems orientation to drive long term, sustainable results that meet our school’s vision and mission
60% tactical and 40% strategic work; provide strategic recommendations to the CEO based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis
Be the point of contact for audits and coordinate all audit activities
Oversee long-term budgetary planning and cost management in alignment with CIPs strategic plan
Manage budgeting, the implementation of budgets as well as updates, so as to monitor progress and present operational metrics both internally and externally, with an eye for risk management; manage accounting, finances, and audits for the “friends of” organization
Review all formal finance-related procedures, processes, and administration, recommending improvements and updates to the systems in place and managing the systems going forward; pilot new, additional systems to create efficiency across the organization
Identify opportunities where technology and AI can streamline processes
Oversee the preparation and approval of all financial reporting materials and metrics for funding organizations and CIP’s board of directors; prepare, communicate, and present monthly and annual financial statements
Collaborate and co-lead with the CEO on all operational and strategic issues and with departmental leaders to provide insight on all financial aspects of the school
Partner with the CEO to manage CIP’s leases and contracts on school buildings and our network office
Closely collaborate with CTEO and work with the People Team to run payroll, evaluate and oversee all benefits negotiations, and ensure the thus providing the most competitive packages for CIP employees
Closely partner with our COO and Operations Team to manage campus budgets, ensuring that financial decision making is centered on scholars
Partner closely with CSO and CAO around curriculum purchasing each year, professional development opportunities for staff, and summer and after school programming for scholars
Work closely with CXO support development and fundraising goals across the organization, and maintain compliance with fiscal policies and procedures
Consistently partner with the Director of Compliance and Student Services to meet compliance deadlines, which range from facilities funding to child nutrition cash analysis
Build relationships with stakeholders and lead with a people orientation
Participate in the ongoing strategic planning process as an integral member of the senior leadership team
Engage the board finance committee around issues, trends, and changes in the operating model and operational delivery
Manage cash flow and forecasting; maximize interest on our cash reserves, and consistently reevaluate and improve cash management strategy
Direct all financial, project-based, and departmental accounting
Collaborate with our commercial insurance broker to ensure compliance with policies and regulations; manage insurance claims for all incidents on campus or at the network office, and oversee the annual insurance renewal process to ensure optimal coverage and cost efficiency
Review contracts for field trips and events to ensure they align with risk and insurance coverage
Oversee administration of CIP’s 403(b) plan
Research potential improvements/efficiency in fiscal policies and present to the CEO; manage changes if updates are implemented
Develop talent by actively creating opportunities for staff to grow, taking opportunities to coach CIP staff across departments, and seeking feedback from network office staff as well as direct reports
Develop and manage one Director of Finance and two Finance Managers; guide larger multi-disciplinary teams across departmental lines in accordance with financial policies and procedures
Ensure that finance staff maintains financial record systems in accordance with Generally Accepted Accounting Principles, and monitor the use of all funds
Lead professional development presentations for stakeholders across departments including Operations Teams
Engage other members of the senior leadership team to facilitate cross-department collaboration that ensures that all solutions positively support CIP’s evolving strategy, operational delivery, and data collection needs
Qualification
Required
Passion for education and a dedication to Coney Island Prep's mission; steadfast belief that all scholars can achieve at the highest academic levels and deserve an opportunity to succeed in the college and career of their choice
Bachelor's degree and at least 10 years of broad financial experience, ideally in accounting, gathering and evaluating financial information, and making actionable recommendations to senior leadership
Self-reflective and open to frequent feedback, with the ambition and desire to grow, develop, and strive for excellence
Ability to manage and protect time in a deadline-driven work environment; excellent calendar and time management skills; robust short and long-term project management skills and a high level of detail orientation
Strong data collection, analysis, and presentation skills that allow others to contextualize a problem and act responsively
Demonstrated problem solving skills and the ability to coach others to do the same
Strong change management skills, and the ability to influence and facilitate decision-making among multiple, diverse parties
Highly developed people skills and the desire to work collaboratively as part of a team; background in coaching and managing at least one direct report
Team-first collaborator and communicator
Excellent oral and written communication skills
Proficiency with Quickbooks, Concur (or similar procurement software), Excel, Google Workspace; familiarity and comfort with technology and learning new systems
Preferred
Non-profit and / or K-12 organizational leadership experience preferred
Benefits
Medical
Dental
Vision
Life insurance
403(b) retirement benefit package with match
Paid Family Leave
A MacBook Air
Access to all the necessary technology and resources needed to succeed in their role
Company
Coney Island Prep
Coney Island Prep is a Member organization of the Alliance for Coney Island, a sustainable civic body formed in 2012.