Managing Director of Financial Strategy

POSITION OVERVIEW

KIPP Indy Public Schools seeks a strategic detail-oriented and mission-driven Managing Director of Financial Strategy to oversee the financial strategy of the organization and ensure its long-term financial health. This leader will manage annual budget planning financial forecasting grants oversight compliance and internal controls across the network.

Reporting to executive leadership this role serves as a key financial partner to the leadership team and Board Finance Committee ensuring strong financial management in support of KIPP Indys mission and long-term sustainability.

RESPONSIBILITIES

Annual Budget Planning Forecasting & Financial Strategy

• Lead the annual budget planning process providing strategic guidance and ongoing support to stakeholders to ensure timely completion of all deliverables.
• Lead strategic financial planning through financial modeling scenario analysis and multi-year projections aligned to enrollment staffing grants strategic initiatives and relevant legislative and policy changes.
• Steward the relationship with KIPP Indys external accounting partner to ensure seamless financial operations timely and accurate deliverables and alignment between accounting functions and strategic priorities.
• Maintain and continuously improve financial policies procedures and internal controls to safeguard organizational assets.
• Manage banking relationships and monitor cash flow in collaboration with external accounting partner to ensure operational stability.
• Monitor budget-to-actual performance across the region and provide variance analysis with clear recommendations for action
• Lead the organizations resource-securing strategy identifying and pursuing new revenue opportunities that align with strategic goals
• Serve as the regional team budget manager monitoring monthly budget reports to hit annual targets.
• Lead quarterly budget meetings with regional leaders and school team budget managers to monitor discretionary budget-to-actuals support annual planning and provide feedback on day-to-day financial operations.
• Collaborate with HR and ED on employee benefits and compensation strategy.
• Review and approve weekly accounts payable report and voucher lists to ensure accuracy and compliance with internal controls.
• Collaborate with Talent/HR leadership to support bi-weekly payroll processing.

Grants Management & Compliance

• Oversee financial management spenddown and reporting of federal state and philanthropic grants in collaboration with external accounting partner and internal stakeholders ensuring compliance with approved budgets funding requirements and reporting obligations.
• Develop budgets for all secured grants partnering with key stakeholders to ensure alignment between programmatic priorities and available funding.
• Manage the full grant lifecycle for all federal state and public grants from applications through final reporting.
• Review and approve all grant claims prepared by external accounting partner.
• Monitor restricted funds to ensure expenditures align with donor and grantor intent.
• Coordinate and support the annual external audit process in strong collaboration with external accounting partner including preparation of documentation and auditor communication.
• Ensure compliance with applicable federal state local nonprofit and authorizer financial reporting requirements maintaining documentation and controls to support audits and monitoring visits.
• Collaborate with regional operations team on compliance and reporting requirements.

Strategic Leadership & Stakeholder Partnership

• Serve as a financial thought partner to executive leadership on staffing models enrollment planning compensation structures and long-term sustainability.
• Serve on the Board Finance Committee collaborating with senior leadership and the external accounting partner to prepare board materials and financial reports.
• Translate complex financial data into clear concise information for non-financial stakeholders.
• Build and maintain strong relationships with auditors banks grantors charter authorizer Indiana Department of Education KIPP Foundation and various other external partners.

COMPETENCIES

• Financial Judgment & Sound Decision-Making: Uses data experience and professional standards to make thoughtful financial recommendations.
• Clear & Effective Communication: Translates complex financial information into clear practical guidance for non-financial stakeholders.
• Detail Orientation & Accuracy: Maintains high standards of precision and reliability in financial reporting and compliance.
• Accountability & Professional Integrity: Operates with transparency discretion and strong ethical standards.
• Relationship-Building: Develops trust-based partnerships across schools leadership teams and external stakeholders.
• Adaptability & Initiative: Navigates changing priorities in a dynamic school environment with proactive problem-solving.

Qualifications :

Required:

• 57 years of accounting or finance experience
• Strong knowledge of nonprofit accounting particularly charter school finances
• Demonstrated experience with budgeting forecasting and financial analysis
• Experience leading or supporting annual audits
• Proficiency in accounting systems and advanced Excel skills
• Experience securing and managing grants
• Strong analytical skills with high attention to detail
• Effective communication skills with the ability to present financial information to non-financial stakeholders
• Commitment to educational equity and the mission of KIPP Indy

Preferred:

• Bachelors degree in Accounting Finance or related field
• CPA or MBA
• Experience in charter schools public education finance or nonprofit K12 organizations
• Familiarity with Indiana Department of Education reporting requirements
• Experience supervising finance staff

Additional Information :

The starting salary for this role is $94500.

Salary is commensurate with experience and includes a highly competitive benefits package. Opportunities for performance-based bonuses are also available.
                              
KIPP Indy Public Schools is an equal opportunity employer and does not discriminate based on race color religion sex age national origin veteran status disability sexual orientation gender identity or any other characteristic protected by applicable law.

Remote Work :

No

Employment Type :

Full-time