Job Description

About KIPP NYC

KIPP NYC Public Schools is a non-profit network of 18 free, public charter schools in the Bronx, Brooklyn, and Manhattan. We partner with families and communities to create joyful and rigorous schools in pursuit of a more just world. In 1995 we started our first middle school, KIPP Academy, in the Bronx, with a vision that every child grows up free to create the future they want for themselves and their communities. Today, our network consists of eight elementary schools, nine middle schools, one high school, and KIPP Forward, a comprehensive program to support our students and alumni in choosing and preparing for the educational and career paths that fit their goals and sense of purpose. KIPP NYC currently serves more than 11,000 students and alumni, has a staff of more than 1,000 (11 % of whom are alumni), and continues to grow!

Job Description

Position Summary

The Director, Treasury is an essential role on the KIPP NYC Finance team responsible for the oversight and strategic management of the organization's cash, investments, banking relationships, and related financial compliance processes. Reporting to the CFO, the Director will lead the evaluation of our banking relationships, ensure sufficient liquidity, and support strategic growth across a multi-entity charter school network.

The Director, Treasury is a hybrid role based out of the KIPP NYC Shared Services Team (SST) office in Midtown Manhattan and requires 3-4 days in person with occasional travel to schools and programs in Manhattan, the Bronx, and Brooklyn.

Duties and Responsibilities, but not limited to:

Cash and Liquidity Management

• Oversee daily cash positioning and ensure timely and accurate fund transfers across schools and business units
• Manage short-term and long-term investment strategies in accordance with board-approved policies
• Ensure timely and accurate bank reconciliations across all accounts and entities
• Manage the reconciliation of due to/due from asset and liability balances across all entities, ensuring intercompany balances are accurate, supported, and settled appropriately
• Monitor and improve internal controls over cash operations, disbursements, and reconciliations

Cash Flow Forecasting

• Develop and maintain detailed rolling cash flow forecasts on a weekly, monthly, and annual basis
• Analyze variances and trends to support proactive financial planning
• Collaborate with Budgeting and Accounting teams to align forecasts with budget projections and funding cycles
• Provide scenario modeling to inform strategic decisions and contingency planning

Banking and Financial Relationships

• Manage all corporate banking activities and serve as the primary liaison with financial institutions
• Maintain optimal bank account structures and oversee banking platform administration
• Implement treasury systems to improve automation, reporting, and security
• Evaluate our existing banking relationships and portfolio and identify opportunities to enhance our treasury function with external partners.
• Identify new banking options within and outside of our current banking institutions and make recommendations to senior leadership regarding our treasury partnerships
• Project manage any and all banking transitions within our existing banks and/or with new banking institutions

Strategic Leadership and Team Collaboration

• Provide financial insight and recommendations to executive leadership to support strategic initiatives
• Partner cross-functionally with Accounting, Budgeting, Operations, and Development teams

Compliance Calendar and Deliverables Oversight

• Own and manage the Finance and Accounting team’s compliance calendar, ensuring timely execution of key deliverables, including:
  • Audit and financial statement preparation timelines
  • Grant and donor reporting obligations
  • Tax filings and state regulatory submissions
  • Authorizer, state and federal reports
• Coordinate task ownership, due dates, and progress tracking across teams

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field, Master’s degree or MBA preferred. 
• Minimum 5 years of progressive treasury or finance experience, preferably in nonprofit, education, or public sector environments
• Strong expertise in cash flow forecasting, liquidity planning, treasury operations, and reconciliation processes
• Experience with bank reconciliations and intercompany due to/due from account management
• Skilled in treasury platforms, ERP systems, Excel modeling, and data analytics
• Excellent organizational, analytical, and leadership skills with strong attention to deadlines and detail
• Meticulous attention to detail with an ability to produce high quality work in a dynamic environment
• Demonstrated success with building trusting and responsive relationships by adjusting communication to diverse audiences, engaging proactively—especially in challenging situations
• Drives results by using data to guide decisions, effectively managing time and priorities across multiple projects, adapting to shifting needs, and regularly reflecting on progress to ensure alignment with goals.

Additional Information

KIPP NYC offers a competitive salary ranging from $115,000 to $135,000. Salary ranges at KIPP NYC are standardized based on role level and role function. Individual salaries are determined through a lens of equity, accounting for years of experience relevant to the role and scope of responsibilities, and are benchmarked against others within the same salary band.

• KIPP NYC offers a generous benefits package including, but not limited to, the following:
• Robust benefits that include medical, dental, and vision.
• 403(b) retirement plan with 50% match after 6 months.
• Generous Time-Off aligned with school calendar
• Up to 12 weeks 100% parental leave.
• Bright Horizon Back-up Child and Elder care.
• Employer paid Life Insurance and Short term/Long term disability.
• Employee incentives including 8 Weeks paid Sabbatical after 10 years, annual professional development funds, and tuition reimbursement.

This description is intended to describe the type of work being performed by a person assigned to this position. It is not an exhaustive list of all duties and responsibilities required by the employee.

KIPP NYC LLC does not offer visa sponsorship or work authorization. 

This role is based in NYC and will require travel to our NYC Office. If you relocate outside of a commutable distance or out of the state of NY, your employment will be subject to review, which may include separation from KIPP NYC. It is important that you notify HR if you move or have plans to relocate.

KIPP NYC LLC is an anti-racist organization that believes in the importance of being diverse, equitable, and inclusive. We are committed to creating a welcoming environment that includes employees with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving students and families throughout New York City. BIPOC, women, gender expansive, LGBTQIA+, veterans, and persons with disabilities are encouraged to apply.

KIPP NYC LLC is an Equal Opportunity Employer. KIPP NYC LLC is committed to the principles of equal employment opportunity for all employees and applicants for employment.

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