Reports to: Finance Manager
Classification: Full-time, Salaried, Exempt
Start Date: as soon as possible
Location: Los Angeles, CA
GREEN DOT NATIONAL
Green Dot Public Schools is a non-profit network of public charter schools helping to transform the public education system so that ALL students graduate prepared for college, leadership, and life. Green Dot operates 27 public schools in historically disadvantaged communities in Los Angeles, Tennessee and Washington. We seek to prove that it is possible to close the access and opportunity gap that exists between low-income students and their more affluent peers.
Our schools are founded on an unwavering belief in the potential of all students, and there are four key elements to our school model that help us unlock the inherent potential in every student we serve: quality teaching and instruction, a college-going culture, a focus on fostering leadership and life skills, and a focus on eliminating barriers to learning. As one of the three largest charter management organizations in the nation, Green Dot schools consistently achieve outstanding academic outcomes through creative college-preparatory curriculums, collaborative and personalized instruction methods, and strong support systems for both students and staff. Since 1999, Green Dot has been a celebrated leader in closing discrepancies in access to high-quality educational opportunities regardless of race, ethnicity or socio-economic status.
Additionally, Green Dot strongly believes in community empowerment. Schools regularly organize events that bring together students, parents, educators and political leaders to advocate for active civic engagement and unity.
The Financial Analyst will support the Finance team in managing the organization’s day-to-day financial operations. Key responsibilities include performing continuous financial and variance analysis of Green Dot’s financials and meeting with school business managers on a regular basis to build school budgets. In addition, the financial analyst will provide leverage and analytical support to the Finance Team to assist with a variety of strategic initiatives.
> Work with the Finance team to execute organization-wide financial strategy
> Develop a deep understanding of the organizations funding models, revenue and expense drivers, and optimization opportunities
> Assist the Finance Team in developing monthly, quarterly and annual Board presentations
> Analyze key components of the organization’s business (e.g., facilities, programs, operational areas) and real estate financing (e.g. loans, bonds, leases, etc.)
> Develop and execute dashboards that highlight monthly, quarterly and annual financial performance and actionable items
> Responsible for supporting a wide variety of strategic planning projects by working with multiple departments aimed at improving organizational efficiency and seeking creative solutions to some of the organization’s most challenging issues
> Develop detailed and interactive multiyear projection models consisting of Income Statements, Balance Sheets and Cash Flows on an individual school as well as organization-wide level, used to build annual budgets and forecasts
> Become an expert in State and Federal Education funding sources
> Work with School administrators and business managers to prepare school budgets, forecasts and multiyear projections on a bottoms-up assumption basis
> Evaluates the costs, benefits, and risks of programs, and projects
Key Outcomes (Key Performance Indicator, KPI)
Budget Accuracy: All non-discretionary revenue and expense line items within responsible cost centers (e.g. 10-12) is accurate to within a predetermined % variance (e.g. 1%) to the yearend financials.
Forecast Accuracy: All responsible cost center (e.g. 10-12) yearend forecast is accurate to within a predetermined % variance (e.g. 1%) to the yearend financials.
Financial Dashboard Timeliness: All stakeholders receive accurate and timely financial dashboard by a predetermined date (e.g. within 6 days after close). Support the Finance Team to achieve this outcome.
Board Packet Timeliness: All budget committee packets (budget, quarterly decks) are ready for CFO/CEO review by a predetermined date (e.g. 2 weeks prior to budget committee meeting). Support the Finance Team to achieve this outcome.
> A Bachelor’s degree is required
> A minimum of 1-3 years of work experience in Finance or Statistics
> You have demonstrated skill and comfort in building financial models and extracting actionable data
> You are creative and thoughtful about how to manage financial behavior
> You are able to maintain positive relations with colleagues at all levels—including central office staff and school-site administrators and staff
> You are able to simultaneously manage multiple projects while maintaining a firm grasp of individual project details
> You have a high level of personal responsibility and drive towards ambitious goals
> You have a strong sense of integrity, ethics, and drive to achieve and grow
> You are dependable, humble, have a sense of humor and a rock-solid commitment to Green Dot’s mission and the communities we serve
> You will need to pass a TB test and background check at time of offer
The information contained herein is not intended to be an all-inclusive list of the duties and responsibilities of the job, nor is it intended to be an all-inclusive list of the skills and abilities required to perform the job.
We offer a comprehensive benefits plan including (but not limited to) medical, dental, vision, life insurance, and retirement options. We also provide generous time off to support overall work-life balance while giving employees the opportunity to impact a growing, mission-driven organization that is committed to the success of all students.
The annual salary for this position will fall within a range of $61,000- $71,000, commensurate with experience