KIPP Metro Atlanta seeks an experienced and knowledgeable, hands-on Director who will design, lead, and manage all daily accounting operations, audit, compliance, and monthly/annual financial reporting for a growing $75M+ annual budget, including four legal entities.  The Director will manage the execution of accounts payable and receivable, oversight of financial systems (including the general ledger), the annual audit process, and grants administration functions for the organization and its schools.

Reporting directly to the Managing Director of Finance, the Director will work closely with the Finance Team, school Directors of Operations, and other regional Leadership Team members to streamline accounting processes and establish standard operating procedures that ensure financial accuracy and provide maximum benefit to the organization.  The Director will manage the regional accounting team, two accountants.
 

Accounting Management

• Refine the end-to-end accounting process, including roles and responsibilities, processes, and policies that reflects best practice for schools and nonprofit.  Train and support applicable staff in carrying out their duties in the process resulting in a clean annual audit
• Manage the accounting system and ensure it is meeting the needs of the organization. Implement a new accounting system within the next 12 months that aligns with the organization’s data, reporting, and documentation needs and the KIPP Foundation’s vision for regional financial systems.  Implementation will require cross functional collaboration and organization-wide training.
• Manage month-end and year-end closing process
• Oversee the daily operations of the accounting department including control systems, transaction-processing, operations, and policies and procedures
• Maintain a well-documented system of accounting policies and procedures consistent with GAAP, GASB, and/or FASB as applicable for a GA non-profit public school
• Manage cash collection procedures and ensure policy adherence
• Manage credit card processes, including balance availability, limit increases, fraudulent activity, issues and/or problems
• Manage the accounting system and ensure it is meeting the needs of the organization
• Ensure acceptable cash balances in each bank account and make transfers as needed
• Provide training to end users on accounting policies and procedures, chart of accounts, etc.
• Manage the annual financial audit and 990 tax process
• Provide support to the Managing Director of Finance as needed
• Ensure required debt payments are made on a timely basis
• Process adjustments and other journal entries as needed
• Maintain the chart of accounts
• Maintain an orderly accounting filing system
• Maintain a system of controls over accounting transactions
• Research and resolve transaction errors and re-class as needed
• Manage inter-organizational transfers and reporting

Purchasing

• Update, and manage purchase order policies and procedures and ensure adherence
• Manage the purchase order system and ensure it is meeting the needs of the organization
• Ensure that all purchases made by the organization are legitimate and well documented

Accounts Payable

• Ensure accounts payable are paid in a timely manner
• Maintain and manage vendor files, including W9 forms and certificates of insurance
• Oversee 1099s and 1096s process annually

Accounts Receivable

• Ensure accounts receivable are collected promptly
• Ensure that revenue is recognized accurately in the correct accounting period
• Verify timely deposit uploads and deposit adjustments into the bank register
• Ensure accuracy and timeliness of remote deposits
• Review, verify, and adjust accounting entries from the Development Team

Payroll

• Ensure monthly payroll entries and adjustments, shared salary allocations, and payroll/ benefits/TRS/payroll tax import journal entries are complete and accurate

Reconciliations

• Ensure regular bank reconciliations are timely and accurate
• Verify timely entries of bank adjustments and check clearing
• Confirm completeness and accuracy of balance sheet reconciliations
• Reconcile endowment account on a monthly basis
• Complete inter-organizational reconciliations on a monthly basis

Asset Management

• Select and implement an inventory management system within the next 18 months that supports best practices in asset management.
• Maintain and manage the fixed asset/inventory system, including provide user training
• Ensure fixed asset/inventory policy and procedures are followed

Reporting

• Develop, improve, and issue timely and complete financial statements, including financial and operating metrics, for both internal and external stakeholders
• Create and manage various general ledger reports to assist with budget and grant analyses
• Provide financial analyses as needed to the Talent Team, Development and Communications Team, and other stakeholders

Fiscal Policy

• Work with Managing Director of Finance to maintain a comprehensive, accurate, and well-documented system of accounting policies and procedures
• Develop and update policies as needed

Audit and Compliance

• Manage the annual financial audit and 990 tax process for four legal entities and six audits (KIPP MAC, KIPP Strive Leverage Lender, KIPP Support Corp, KIPP Opportunity Foundation, KIPP Woodson Park Academy, and South Fulton Academy)
• Coordinate the provision of information to external auditors and ensure accuracy of data and information for the annual audit
• Actively monitor encumbered grants and work with entities to ensure maximum benefit
• Conduct periodic internal audits to ensure compliance with cash, grant accounting, and accounts payable/receivable policies and procedures
• Manage commercial banking relationships and monitor cash and debt levels
• Comply with local, state, and federal government reporting requirements and tax filings
• Safeguard assets and ensure accurate and timely recording of all transactions by implementing disciplines of internal audits, controls and checks across all departments

Management & Leadership

• Lead, coach, and develop Accountants, whose primary duties are accounts payable, accounts receivable, and reconciliations
• Manage the accuracy and productivity of day-to-day and monthly activities
• Ensure that the Finance Team is providing high levels of customer service to internal and external stakeholders

• Bachelor’s degree in Finance or Accounting required; CPA strongly preferred
• Five of experience in a accounting role with a successful track record; prior nonprofit experience is preferred
• Technology savvy to efficiently and effectively manage data for financial reporting; knowledge of Financial Edge desired
• Demonstrated success in developing and monitoring systems to manage internal operations and processes to meet monthly, quarterly and annual deadlines
• Ability to anticipate the infrastructure and systems needed in a growing multi-entity nonprofit
• Keen analytic and problem solving skills
• Strong organizational skills and attention to detail
• Strong time management and ability to prioritize
• Strong judgment and decision-making skills
• Flexible and strong ability to manage competing priorities
• Goal and deadline-driven
• Team-player capable of working both collaboratively and independently
• Excellent interpersonal and communication skills
• Personal qualities of integrity, credibility, and commitment to the mission of KIPP Metro Atlanta

Organization Overview:

KIPP (Knowledge is Power Program) is a national network of free, open enrollment, college preparatory schools dedicated to preparing students in underserved communities for success in college and in life.  There are more than 200 KIPP schools in 20 states and the District of Columbia serving more than 80,000 students. KIPP Metro Atlanta currently operates eight KIPP schools including five middle schools, four primary schools, one K-6 school, and one high school, as well as the KIPP Through College Program which supports students on their journey “to and through” college. 

The regional support team provides financial and operational support and oversight to KIPP Metro Atlanta schools, develops instructional initiatives designed to strengthen the schools’ academic programs, and implements each school’s high school placement and alumni services through the KIPP Through College Program. 

Compensation:

Salary for this position is competitive and depends on prior experience. A competitive benefits package will also be offered.
 

Statement of Non-Discrimination

KIPP Metro Atlanta is committed to a policy of equal treatment for all individuals applying to the school.  KIPP Metro Atlanta does not discriminate based on race, color, gender, handicap, age, religion, sexual orientation, or national or ethnic origin.