Vice President of Finance

About Carlos Rosario International Public Charter School

CRIPCS is an adult charter school that delivers high-quality education, career training, and supportive services that enable adult immigrants to realize their dreams while strengthening our community and economy. When you join the team at CRIPCS, you become part of a unique, mission-oriented organization that is actively and innovatively tackling some of the greatest challenges faced by adult learners and English language learners today. We have a laser-beam focus on equity of opportunity for those we exist to serve. We are proud to live into our commitment to continuous improvement and challenging the status quo. This documented and celebrated commitment to high quality work has earned us a seat at the table with governmental bodies who can impact our ability to do our best work for our students. In line with our commitment to Diversity, Equity, and Inclusion, we are centering our priorities in empowering our staff, building for the future, and centering our mission.

Position Summary: The Vice President of Finance is responsible for the financial management for CRIPCS and Community Capital Corporation (CCC), providing day-to-day oversight of areas including but not limited to budgeting, GAAP accounting, cash flow management, and local, state, and federal regulatory compliance and reporting. This role offers strategic leadership in developing and implementing internal finance policies and procedures, keeping systems current and up-to-date, and fostering strong relationships with internal and external stakeholders to instill trust and confidence with our finance leadership. The Vice President of Finance will partner with school leadership across all departments to identify, develop, and implement key strategic financial and organizational projects that align with the School’s objectives. 

The Vice President of Finance reports to the Chief Operating Officer and will oversee and manage the finance team made up of 3 staff members including the Accounting Manager, AP Specialist, and AR Specialist.

The Vice President of Finance will also provide training, resources, and consultation to enable and support stakeholders to be informed and responsible financial stewards and decision-makers.   

In the first 6-12 months, the VP will assess the current needs and environment of the school finance function, including financial systems, policies, procedures, and make recommendations that support and further enable smooth daily operations in accounting, budgeting, and compliance reporting. The VP of Finance will assess the finance team resources, deliver accurate and timely financial statements and reports, support School leadership with effective budget development and management, and build strong relationships with stakeholders. In collaboration with the COO, they will provide strategic financial leadership to the School and the Board of Directors, and ensuring the alignment of the strategic plan with annual school goals.

Looking further ahead (1-2 years), the VP, in consultation with the COO and other School leaders, will develop strategic plans to ensure financial sustainability, and stability in alignment with the School’s projected objectives. This includes creating financial projections that account for uncertainties in public funding and building robust financial planning strategies in the short and long term. They will ensure the finance team is optimally resourced. Additionally, they will assess and refine financial systems, policies, and processes to support these goals.

Responsibilities:

Strategic Financial Leadership:

• Partner with the COO and senior leadership teams of CR and CCC to collaboratively develop and execute strategic financial plans.
• Align financial strategies with the organization's long-term goals, ensuring sustainability and growth.
• Monitor and adapt to the funding environment, particularly public funding sources in D.C.
• Cultivate relationships with regulators and maintain compliance with financial regulations.

Financial Health and Operations:

• Oversee the accounting team, ensuring smooth day-to-day operations and robust financial controls.
• Lead annual budgeting process in collaboration with the leadership team and board. Support and guide budget managers across the school, providing financial training and assistance.
• Lead budget management for both the school and CCC, consolidating financials as required by the D.C. Board.
• Review contracts for compliance with accounting policies and procedures, and for risk minimization.
• Oversee cash flow planning and ensure proper application of allotted funds.
• Ensure timely and accurate financial reporting, including audits, 990 filings, and other key reports.
• Review financial statements and budget vs actual reports with the leadership team, and oversee the reconciliation process.
• Manage vendor relationships and ensure cost-effective procurement practices.
• Develop and enforce financial policies and procedures, enhancing financial systems and user training.
• Oversee selection and implementation of financial systems.
• Coordinate with auditors to ensure audited financial statements accurately reflect the organization.
• Remain up to date on nonprofit audit best practices and state and federal laws regarding nonprofit operations.
• Ensure compliance with all DC Public Charter School Board policies and work with leadership to monitor Financial Analysis Reports (FAR) outcomes.
• Oversee timely and accurate financial reporting for grants, ensuring that budgets are consistently aligned in relation to financial documentation for proposals

Stakeholder Engagement and Communication:

• Collaborate with COO to provide regular updates to the board and finance/development committee on financial reports and budget.
• Engage with senior leadership, offering financial insights and strategic advice.
• Build strong relationships with internal and external stakeholders, instilling trust and confidence.
• Equip stakeholders with training, resources, and consultation to empower informed and responsible financial stewardship and decision-making.

Qualifications:

• An undergraduate degree in Accounting, Finance, Business Management, or related field from an accredited institution preferred. Graduate degree in a related field and/or CPA certification preferred.
• Minimum of 7 years of management experience in Finance, with at least 5 years in a senior level finance position or the appropriate combination of education and experience.
• Strong strategic thinking skills with an ability to use data to make decisions and to translate strategy from plan into measurable action.
• Proven track record in enhancing Finance functions, including but not limited to accounting, accounts receivable, budgeting, cash flow management, state and federal compliance/regulations, while maintaining an inclusive, collaborative leadership style.
• Knowledge and experience in financial systems development and policies, practices, and legal compliance.
• Experience in leading finance in the charter education or nonprofit space, highly preferred. 
• Ability to coach and mentor direct reports, peers and executives on sound budget management practices; track record of driving organizational results by coaching and mentoring.
• Deep commitment to CRIPCS's core values in Diversity Equity, Inclusion, and Belonging, and ability to model those values in relationships with colleagues and partners.

This position includes performing essential job functions safely and consistently with federal, state, and

local standards, including meeting productivity standards. The candidate must possess clear communication skills on the phone and in person. While the job is primarily administrative in nature, it may require occasional heavy lifting, up to 50 pounds of force on occasion. Additionally, the candidate should be able to remain stationary at a keyboard for long periods and operate various office types of machinery, such as a calculator, copy machine, and printer.

This job description does not list all the duties of the job. You may be asked by supervisors to perform

other related duties. Management has the right to revise this job description at any time.

Our Commitment to the Vice President of Finance:

• A competitive annual starting salary range of $175,000-$195,000 commensurate with experience. 
• 46 total days of time off (a combination of paid holidays, vacation, sick, and personal time) per year. This number increases over time. 
• A flexible, hybrid work schedule. 
• Competitive health benefits and retirement match (up to 6% of the base salary) 
• Deep investment in individualized professional development inclusive of coaching, conference attendance, and tuition reimbursement

How to Apply

Carlos Rosario is partnering with She Rose Solutions to find the next VP of Finance. Please use this link to submit your application and direct all questions to liz@sherosesolutions.com. She Rose Solutions will review all applicants and, upon qualification, contact you to determine next steps.