Chief Financial Officer
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Chief Financial Officer – Finance Department
Flexible location (Brooklyn, NY preferred)
TNTP seeks a Chief Financial Officer to lead its Finance Department. This position may be based in the central TNTP office in Brooklyn, New York or from a home office (location is flexible); and will require some travel. The position is available in October 2012.
TNTP’s Finance department is responsible for developing and executing the fiscal strategy for our growing and financially thriving organization of over 300 full-time and regular part-time employees working on contracts in almost 30 states across the country. Specifically, the Finance department leads budget creation and management, financial reporting, audits, internal controls and policies, and other accounting and financial operations.
This is a dynamic team focused on TNTP’s long-term financial strength and stability. We don’t just report on numbers, we dig into them to find out what’s going on. We proactively make recommendations for stretching or spending the dollars that we have. We develop and manage progressive financial systems that make our internal clients’ jobs easier and give them a real-time snapshot of where their finances stand. We serve as both a financial resource and a partner in the work.
Role and Responsibilities
TNTP is seeking an entrepreneurial senior executive to lead its Finance Department. As a member of the Executive Team, the Chief Financial Officer (CFO) plays a critical role in setting the vision, long-term strategy, and culture of the organization. He or she is a key advisor to our core business leaders, evaluating and assisting them with their budgeting, revenue approach, and financial models; and is responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with the CEO and the Audit and Finance Committee of the Board.
Specific responsibilities include:
Provide strategic vision and leadership on TNTP’s long-term plans, goals, financial metrics, and policies
In partnership with the CEO and business leaders, set annual and long-term financial goals; and regularly evaluate TNTP’s performance against both these goals and the annual budget.Develop tools and systems to provide critical financial and operational information to the CEO and Audit and Finance Committee of the Board and make recommendations for improvements to strategy and operations.In collaboration with the business leaders, develop new business and funding opportunities including creating budgets and pricing models for new services.
Lead and manage the Finance Department
Oversee all accounts, ledgers and internal reporting systems, federal and philanthropic grant reporting; and ensure compliance with appropriate Generally Accepted Accounting Principles, regulatory requirements, and audit requirements. Maintain internal control safeguards and manage all audit activities.Manage cash flow and forecasting, maintain effective banking relationships, and lead our investment plan to ensure TNTP maintains its strong cash positionOversee all budgeting and monitoring of progress against program and internal budgets. This includes monitoring MGA and goals around revenue source distribution.Oversee effective implementation of our financial operations including payroll, accounts payable and receivable, and expense management.
Build a strong Finance team that attains its goals by effectively attracting, hiring, on-boarding and evaluating staff
We are seeking an exceptional financial leader who is motivated by our mission and will bring significant experience to our financial strategy. Successful candidates will have a strong record of achievement and a vision for helping TNTP become the nation’s leading human capital expert in the education sector. In addition we seek individuals who have:
Maturity with evidence of having worked as a true business partner to the CEO of a multi-divisional organization. If coming from the for-profit world, nonprofit board experience is preferredExcellent leadership, analytical and strategy development skillsExcellent project management and organization skillsExcellent management skills, including experience effectively managing staff and developing talentThe ability to work efficiently in a fast-paced environmentExtraordinary attention to detailFlexibility and comfort with ambiguityProfessional demeanor, discretion, and good judgmentHigh degree of personal integrity and personal accountabilityA willingness to travel occasionally (particularly if not based in Brooklyn, NY)MBA or CPA strongly preferred
The annual salary for this position is commensurate with experience in a similar position with the potential for a performance based bonus
TNTP offers a motivated team of dynamic colleagues, a collegial atmosphere that values professional development and valuable feedback, a comprehensive benefits plan effective on the first day of employment – including low cost medical, dental, vision, disability, life insurance, flexible spending account options, generous vacation time, a 403(b) plan with matching, potential opportunities for performance based bonuses – as well as the chance to impact the direction of a growing, mission-driven company that is committed to the success of our nation’s children. For more information on TNTP’s competitive benefits package, please visit http://tntp.org/join/our-benefits/
Please submit your resume and tailored cover letter online at:
We review applications on a rolling basis – so it is to your advantage to apply as soon as possible. We will not consider applications without a cover letter tailored to this position, which can be addressed to the Human Capital department. Please note that an offer of employment will be subject to the successful completion of a background check. TNTP is committed to fostering and capitalizing on the diversity of our organization. We are an equal opportunity employer and seek individuals of all ethnic and racial backgrounds to apply to this position. If you would like to learn more about our mission, please visit our web site at www.tntp.org.
A national nonprofit organization founded by teachers, TNTP is driven by the knowledge that effective teachers have a greater impact on student achievement than any other school factor. In response, TNTP develops customized programs and policy interventions that enable education leaders to find, develop and keep great teachers. Since its inception in 1997, TNTP has recruited or trained approximately 43,000 teachers and worked with more than 200 districts in 31 states - benefiting an estimated 7 million students. Meanwhile, TNTP's acclaimed studies of the policies and practices that affect the quality of the teacher workforce -- most recently including The Widget Effect (2009) and Teacher Evaluation 2.0 (2010) -- have influenced federal education policy and inspired reform efforts across the country. TNTP is active in more than 25 cities, including 10 of the nation's 15 largest. For more information, please visit www.tntp.org
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