Organizational Overview:

By 2025, KIPP DC will build upon two decades of proven results to develop into a more impactful, innovative, and inclusive school system that provides joyful, identity-affirming learning experiences so that all students and alumni achieve extraordinary outcomes.

Our work is grounded in a commitment to excellence, equity, and justice. We believe all students have the right to rigorous, relevant, and joyful learning experiences led by exceptionally talented and diverse educators who promote student achievement and a sense of belonging. We believe students and teachers best succeed when surrounded by an ecosystem of supports, including our central headquarters team that supports KIPP DC’s 20 schools, 7,300 students, and 1,300 teachers, leaders, and staff members dedicated to this mission.

Position Overview:

The Assistant Controller will support the finance team across accounting activities such as accounts payable, grants and accounts receivable, payroll, and audit & 403(b) compliance. The Assistant Controller will work closely with the Controller to ensure program leaders and their staff are properly counseled in finance and accounting procedures. The Assistant Controller will also explore how the finance function can support program operations. The Assistant Controller will supervise accounting team members. The Assistant Controller is an exempt role and will report to the Controller.

Key Responsibilities:

Management

• Manages accounting staff members, including setting goals, holding team members accountable, supporting team members, and providing professional development

• Lead by example to create and reinforce positive and productive team culture

• Collaborate with payroll staff members and HR team

• Collaborate with Operations and Development team

• Support the Controller in oversight and review of activities conducted within the accounting department

Transactions

Accounts Payable

• Review invoice coding prior to payment and ensure accounts payable are paid in a timely manner

• Manage and oversee corporate card activity to ensure that cards are issued in a timely manner, changes to credit card limits occur timely, and fraudulent charges are rectified

• Oversee the process of 1099 filing

• Review report of accounts payable activity for COO review quarterly

Grants and Accounts Receivable

• Review grants management worksheets and stay up to date on grants activity

• Prepare With Donor Restrictions Net Asset releases and corresponding journal entries

Payroll

Review and approve semi-monthly payroll and 403(b) submission

• Prepare payroll and 403(b) journal entries

• Reconcile payroll totals and 403b transactions during semi-monthly payroll process

Financial Statement Preparation and Review

• Support the Controller in timely monthly, quarterly, and annual close process

• Assist with the review of monthly and annual financial statements

• Review expense accounts posted to the statement of activities and identify discrepancy sources when applicable

Reporting and Documentation

• Reconcile cash and investment activity and maintain report on cash and investment account balances

• Review report of accounts payable activity for COO review quarterly

• Support reporting calendar and ensure that reporting deadlines are reviewed and met by the accounting and finance team

• Maintain a documented system of accounting policies and procedures for organization, school entities and special purpose entities

• Maintain an orderly electronic accounting and compliance document retention system in coordination with other KIPP DC departments

Compliance and Risk Management

• Support Controller as an audit liaison during the audits of KIPP DC’s consolidated financial statements and special purpose entities

• Support Controller with documentation and monitoring of internal controls over financial reporting

• Manage and coordinate the annual 403(b) audit

• Participate in 403(b) fiduciary committee meetings

• Review and reconcile reports needed for 403(b) compliance

• Manage KIPP DC insurance audit

• Manage the preparation of Form 990s for KIPP DC, related entities, and KIPP DC Supporting Corp

• Assist with the annual preparation and submission of Forms 5500 and 8955-SSA for KIPP DC’s 403(b) plan

• Ensure compliance with regulations governing KIPP DC’s public funds (Federal and local)

• Monitor guidance and requirements from external stakeholders to ensure KIPP DC remains compliant with new regulations (Federal and local)

Financial Systems

• Work on implementation teams to integrate financial reporting systems and processes (i.e., accounting, budgeting, and payables systems)

Requirements:

• CPA (required) and 5+ of accounting and people management experience

• Public Accounting Background and/or Not-for-Profit Accounting Background

• Strong understanding of GAAP for Not-for-Profit Accounting

• Strong understanding of internal controls over financial reporting

• Critical-thinking: ability to navigate complex and first-time accounting transactions, review and site authoritative literature

• Experience with Sage Intacct

• Strong Excel Skills

• Strong communication skills

• Successful track record of collaboratively working with a wide range of stakeholders, both internal and external

• Strong, team player and possession of customer service orientation. Solutions-oriented.

• Team and Project Management Experience

• Unquestioned integrity and commitment to KIPP DC’s mission and to advancing its antiracist ambition through their work with staff, students, alumni, and families

• Excellent time management skills and a detail- and results-oriented team player who is dedicated to getting the job done

• Comfort with working in a fast-paced, nonprofit environment along with an ability to multitask, prioritize, manage and execute projects with autonomy

To Apply:

Please visit www.kippdc.org to complete an online application (including submission of a resume and cover letter) for the Assistant Controller position. It is highly encouraged to submit a cover letter along with your resume when applying.The start date for this position is immediate, and applicants are encouraged to apply early.

When it comes to compensation, at KIPP DC we strive for clarity, equity, and to be highly competitive. We look at compensation benchmarks in the education and non-profit sector to determine our starting salaries. The anticipated starting salary range for this position is $112,042-$138,403.

EQUAL OPPORTUNITY EMPLOYER

KIPP DC Public Schools does not discriminate against, or tolerate discrimination against, employees or applicants for employment on any legally-recognized basis or protected class including, but not limited to, actual or perceived race; color; national origin; immigration status (except as necessary to comply with federal, DC, state, or local law); religion; sex (including pregnancy, childbirth, lactation, and related medical conditions); age; physical or mental disability; medical condition; sexual orientation; gender (including gender identity or expression); marital status (including domestic partnership status); genetic information; political affiliation; pregnancy; family responsibilities; personal appearance; veteran status; uniform service member status; status of being unemployed; status as a victim or family member of a victim of domestic violence, sexual offense, or stalking; matriculation; or any other protected class under federal, state, DC, or local law.

Click here or here to review KIPP DC’s non-discrimination policy and KIPP DC’s Title IX Coordinator’s contact information.

KIPP DC requires all staff to provide proof that they have had all doses of a primary COVID vaccine or obtain approval for exemption for medical or religious reasons before beginning employment. New hires who have not received all doses of a primary vaccine or who are waiting approval for exemption will not be able to begin employment. New hires who have not received all doses of a COVID vaccine or who are awaiting approval for exemption will not be able to begin employment.

All KIPP DC staff are strongly encouraged to stay up to date on their vaccinations. The CDC currently defines being up to date on the COVID vaccine as having had all doses of a primary vaccine and as having received a booster, if eligible.