VP of Finance Compliance and Development

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VP of Finance Compliance and Development

Posted date
September 14, 2021


Flexible Location
Employment Type

Position overview
As the VP of Finance Compliance and Development at IDEA Public Schools, you will be responsible for leading the Finance Compliance and Development Team to provide high quality guidance, professional development opportunities and coaching for IDEA staff implementing finance policies and procedures. Additionally, you will aid the development of members of the Finance Team and provide support regarding all aspects of federal, state and local financial compliance. The Finance Team strives to support the leadership at IDEA as we work together to meet and exceed our ambitious financial and student achievement goals.

In this role you will report to the CFO and directly supervise the Director of Compliance and Evaluation, Director of Finance Development, and Manager of Business Clerk Development. This is a full-time position based in Texas with preference given to candidates who live in Weslaco, San Antonio, Houston, Midland, El Paso, Austin, or Ft. Worth, or who are willing to relocate.

Compensation & Benefits

Salaries for people entering this role typically start between $114,400 and $144,200, commensurate with relevant qualifications and experience. This role is also eligible for a performance bonus based on individual and organizational performance and goal attainment. 

Additionally, we offer medical, dental, vision, and supplemental benefits as well as retirement plans and a generous vacation package. You can find more information about our benefits at https://ideapublicschools.org/careers/benefits/.

* IDEA may offer a relocation stipend to defray the cost of moving for this role, if applicable.

Required skills/Responsibilities
• Ensure national, regional and campus leaders understand the importance of financial results and their responsibility as IDEA Public Schools fiduciaries
• Support in the development of the ability of members of the Finance Team across Financial Planning and Analysis, Treasury, Accounting and IPS Finance to educate leaders regarding financial results and key performance indicators
• Revise and build resources and professional development based on trends and organizational need
• Strategically lead the Finance Compliance and Development Team to serve as local finance policy experts
• Own the development and revision process for finance policies across legal entities in partnership with entity Controllers, the Board Governance and Relations team, and legal counsel
• Design and implement a robust feedback process to gain insight into the impact of policy changes across teams prior to recommendations being made to fiduciary boards
• Conduct an annual needs assessment modeled after the Internal Audit team’s risk assessment to inform strategic professional development approach
• Create and execute high quality onboarding and year one trainings aligned to highest need skills, with targeted in-field follow-up for leaders and financial managers to assure mastery
• Ensure Business Clerks on campuses and Financial Managers across national and regional teams continue to receive high quality, differentiated development options
• Improve the Finance Team customer service model and results by establishing standard operating procedures
• Establish clear reporting mechanisms for all customer service data points, report data and insights
• Effectively communicate with stakeholders of varying degrees of analytical understanding

Required experience
• Bachelor's degree in accounting, business administration, or economics; Master’s degree in accounting, business administration, or economics (Preferred)
• 8-10 years’ experience in finance leadership, financial compliance, finance professional development design, or related fields; 10+ years’ experience (Preferred)
• Proficiency with Microsoft Office, specifically Excel and Enterprise Resource Planning Software

Individual goals
• Complete return on investment evaluations prior the second quarter of the fiscal year. Identify $1MM in organizational cost savings per fiscal year.

Team goals
• Achieve the operating income target by the end of the fiscal year across all entities. 80% of organizations end the year on discretionary target or with a surplus.
• No Fiscal Year-End external audit findings across network entities.
• 90% of organizational leaders agree they have they have what they need to stay in financial compliance and meet their goals.
• 150% of required training hours available to new and returning officers via Roadmap and live interactive sessions each fiscal year.
• 95% Zendesk Customer service by the end of the fiscal year by region with no more than 5% breached Tickets.
• 90% of organizational leaders agree they have they have what they need to stay in financial compliance and meet their goals.
• 85% Business Clerk Retention.

Diversity statement
At IDEA we recognize that racism, bias, and privilege exist in society. We are committed to an organizational culture that promotes awareness, kindness, and inclusivity for our students and staff, and supports their path to positively impact our broader society. We are committed to recognizing the impact of racism and privilege, and commit as an organization to have equitable practices, policies, and structures.