
Finance Associate
KIPP SoCal
- Los Angeles, CA
- $28.00-31.00 per hour
- Permanent
- Full-time
- The Finance Associate is responsible for ensuring the accuracy of KIPP SoCal's financial information, including key areas of budgeting, financial projections and reporting, in support of the financial health of our schools and the School Success Team (SST). This position will report to the Director of Finance. Key responsibilities will include:
- 1. Budgeting, Projections, and Financial Reporting
- 1a. Review and maintain the current fiscal year cash flow model on a monthly basis, including payroll review, coding reclassifications, end-of-year projections, and budget-to-actual comparisons.
- 1b. Review and maintain the budget trackers for school and SST budget managers.
- 1c. Support the formulation of annual budgets and long-term forecasts, including revenue and expense forecasting, budget planning, capital spending analysis, and balance sheet analysis.
- 1d. Support the preparation of financial reports for the Board and Finance Committee, lenders, authorizers, state and federal agencies, and donors.
- 2. Day-to-day Financial Operations
- 2a. Manage and route the Finance & Accounting helpdesk tickets and provide high quality customer service to our team members with Finance & Accounting related issues.
- 2b. Review and maintain monthly payroll reports and identify areas of concern to raise with managers.
- 2c. Collaborate with various SST teams to develop specialized department and program budgets, update financial assumptions & projections, and produce ad-hoc financial reports.
- 2d. 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.
- 3. Financial Advisory and Budget Management
- 3a. Serve as a valued thought partner to others in the organization, including the CFO, Director of Finance, School Leaders (SLs), and Assistant School Leaders of Operations (ASLOs).
- 3b. Participate in regular budget meetings with SLs, ASLOs, and SST departments to discuss and analyze expenditures, and modify projections.
- 3c. Partner with ASLOs as their budget management advisor and develop their ability to meet budget targets.
- 3d. Train new ASLOs and SST budget managers in using budget trackers and other budget management tools.
- 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.
- 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
- Hourly rate range of $28-$31/hour
- 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.)