Chief Operating and Financial Officer

Achievement Network - Boston, Massachusetts or Remote - Full time

ORGANIZATION

Every student deserves opportunities in life, and every educator committed to providing those opportunities deserves support. Those beliefs drive us to work alongside schools to support great teaching so that we can work towards guaranteeing that all students are receiving high quality instruction. We partner with over 900 schools - both district and charter - in underserved communities around the country, thus impacting more than 330,000 students. Third-party evaluations confirm that when schools have the right basic conditions in place and partner with ANet, they achieve 6-8 months of additional learning over a two-year period compared to schools not partnering with ANet.

At ANet we are committed to living out our core values, both across our organization and with our partner schools. We acknowledge that systemic inequities impact student access to opportunities and that in order to ensure educational equity for all students, we must center on the experiences of those from marginalized communities to guide our work. We work to deepen our understanding of how race, class, power and privilege influence the education system as well as influence our own perspectives. To do so, we provide ongoing learning opportunities through org-wide professional development, affinity groups, working groups, and resource sharing.

Individuals who join ANet have the opportunity to be part of a dynamic, values driven, and team-oriented organization that is committed to having an impact in schools by investing in each other and learning together. We were named as The NonProfit Times “Best Nonprofits to Work For” and work tirelessly to foster a working environment where the unique perspectives, backgrounds, and identities of our staff members are valued.

OPPORTUNITY

Through it’s 15-year evolution, ANet has been able to maintain a business model where our fees for our work cover 70-80% of our costs.

The Role of the Chief Operating & Financial Officer (COFO) is the primary driver of ANet’s ability to achieve our mission through designing an operating and financial strategy that empowers us to meet our multi-year vision. This role works closely with the CEO, the broader ANet team, and the Board to shape and implement a strategy ensuring that the organizations business and operating model are financially sound and sustainable.

The COFO will have a strong finance and operations background with day-to-day responsibility for planning, controlling and managing all financial and critical operational activities for the organization. They provide the leadership, management and vision necessary to ensure that the company has the proper operational controls, administrative and reporting procedures, and people systems in place to effectively grow the organization and ensure our financial strength and operations efficiency.

At a high level, this include leading the following the teams:

  • Finance
  • Operations
  • Accounting
  • IT
  • Talent

RESPONSIBILITIES

The Chief Operating and Financial Officer’s primary responsibilities will be to:

Set multi-year operational and financial vision aligned to the organization’s strategy and business model

  • Set a multi-year financial strategy anchored on our strategic plan and programmatic offerings that meet the organization’s impact and reach targets;
  • Facilitate and evaluate our multi-year resource investment plan through consistent review of internal and external signals to determine opportunities for acceleration and blindspots;
  • Engages ANet’s board finance committee in the review and shaping of our multi-year and annual budget. Work closely with the finance committee chair to ensure oversight on our multo-year assumptions about revenue and expenses;
  • Conducts a scenario analysis at least annually to prepare for the possibility of significant economic changes or other disruptive events—and then identifies ways to mitigate these disruptions if they were to occur.

Steward the translation of ANet multi-year strategy to an annual financial, operational and talent plan

  • Leads the development and execution of an annual plan that weaves together talent, financial and operational requirements for the organization;
  • Leads efforts to refine and implement our strategic investment management processes, including utilization metrics and expense control at the operating unit & business line level;
  • Identifies operational roadblocks in advance and adjusts accordingly to successfully achieve objectives on time;
  • Provides strategic management support to the VP of talent as our strategic plan translates to workforce planning;
  • Drives operational efficiency, and scalability through systems and process enhancements and operational infrastructure;
  • Defines key financial metrics aligned with performance measurement system and works with People team to design and maintain sustainable compensation and benefits structure;
  • Effectively align systems and structures across teams and functions to maximize impact.

Provide leadership in the development for the continuous evaluation of short and long-term strategic financial objectives

  • Oversee financial strategy, supporting the Finance team in the development of financial models, budgets, and analyses; leverage data to drive key operational decisions;
  • Ensures timely and accurate analysis of budgets, financial trends, and forecasts;
  • Strategically supports the development of budgets for new business growth and strategy;
  • Provides executive management with recommendations on the financial implications of business operations and activities including ensuring that our Finance & Accounting teams prepare and present financial statements, balance sheets, profit and loss statements and other financial documentation;
  • Interface with auditors and tax advisors to advance company goals and objectives
  • Provide useful financial insights to help make better decisions about formulating and executing business strategy;
  • Develop and strengthen financial expertise in team members and build systems across teams; strengthen financial skills of team members to maximize resources for impact.

Operate as a senior leader to drive the intersection between organizational vision and functional leadership

  • Model two-way advocacy to ensure strong alignment and cohesion between Senior Team and the Org Sustainability and Operations Team;
  • Create and articulate an inspiring vision for the organization, not only for the areas they are directly responsible for but the enterprise as a whole;
  • Seek and analyze data from a variety of sources to support decisions and to align others with the organization's overall strategy;
  • Work in partnership with the Chief of Staff to make meaning of internal signals to evolve our operations and policies and to make decisions around our internal culture;
  • Effectively balance the desire/need for broad change with an understanding of how much change the organization is capable of handling, to create realistic goals and implementation plans that are achievable and successful;
  • Stay well-connected with partners and peer organizations to ensure industry best practices are being applied to our operational planning;
  • Intersect and collaborate with legal;
  • Collaborate with sales and program on messaging, pricing strategies, and business models to achieve revenue goals;
  • Exemplify ANet’s core values and commitment to Anti-Racism in daily actions and engagement.

QUALIFICATIONS

The ideal Chief Operating and Financial Officer candidate will have the following:

  • Commitment to ANet’s service, mission, and equity journey;
  • A high-level, strategic thinker who focuses on ROI and operational efficiencies, and brings senior-level, multI-functional leadership experience;
  • A nonprofit, or private sector leader with deep experience and expertise in senior financial leadership;
  • A change manager, who has led through growth, with the vision and leadership skills needed to get guide other leaders;
  • A leader who is comfortable at the intersection of Finance and Operations, and preferably brings additional experience in Accounting, IT, and Talent;
  • A strong facilitator with experience reporting to Boards;
  • BS in Accounting or Finance, MBA, MFA and/or CPA preferred
  • Experience as a senior level executive
  • 10+ years in a progressively responsible financial and operational leadership role, preferably in the education sector
  • You are motivated by working in an environment where we live out our core values daily. You are eager to examine personal archetypes and biases while discussing topics related to race, class, and privilege which relate to ANet’s Advance Equity and People Matter values. You advance ANet’s work towards becoming an anti-racist organization in how you lead and work with internal and external partners

COMPENSATION AND BENEFITS

ANet offers a salary range of $225,000 to $235,000 for this role as well as comprehensive benefits in order to best support our people. Benefits we offer include: health, dental and vision insurance where ANet pays 80% of the cost of these benefits for employees and their families/domestic partner; generous paid time-off including: vacation, 10 paid holidays with paid days off between the Christmas and New Year’s holidays, a paid floating holiday, paid sick & personal days; paid parental leave; retirement plan options; commuter benefits; tuition reimbursement; flexible spending accounts; short and long-term disability coverage; and basic life and personal accident insurance.

TO APPLY

Please submit a resume online at https://apply.workable.com/j/4330A65C29. For additional questions about this position or to speak with someone about your interest, please contact Kevin Bryant at kbryant@edgilityconsulting.com.

ANet is committed to maximizing the diversity of our organization. We are an equal opportunity employer and encourage individuals of all ethnic and racial backgrounds and gender identities to apply to our positions.

Applicants must be currently authorized to work in the United States on a full-time basis.

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Role

C Level Executive Leadership

Experience Level

Senior Level

Achievement Network

ANet acknowledges that systemic inequities impact access to opportunities and the experiences from marginalized communities guide our work. We work to deepen our understanding of how race, class, power and privilege influence the education system.
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