Chief Financial Officer
AMS Impact Group is seeking an entrepreneurial and mission-driven CFO aligned with our company values that has successfully managed teams that have significantly scaled companies to lead financial operations of a management company and school model with a combined revenue of $120M.
ABOUT AMS IMPACT GROUP and AMS SCHOOLS
AMS Impact Group is the management company of Academies of Math and Science, a network of 10 top-rated non-profit Arizona and Arkansas charter schools (in 2023 the #1 highest performing low-income network in Arizona) serving nearly 10,000 students. We also provide select management services to public schools around the nation that are making a difference in communities but struggling at replicating or effective management.
AMS Impact Group believes that despite challenges facing districts today or in the past, kids in low-income and marginalized communities can achieve high levels of academic success supported by leaders who take ownership of results, believe in the power of leadership and teaching, and use evidence-validated models to increase scholar achievement.
The goal of AMS Impact group is continued, sustainable expansion (at a goal of no more than 10-15% per year) through opening more schools in existing states, launching another region of schools in at least one more state by 2027, and significantly increasing its support to other schools around the nation. We are an entrepreneurial, for-profit company with a track record of excellent results in underserved communities, and the management and executive team at AMS Impact Group love doing what it takes to build a great company.
AMS Impact Group and affiliated schools are sought after for further expansion across many states in the U.S. and is prioritizing expansion to the highest needs communities that align with our operational vision and ability to maintain financial stability and success. The AMS school vision is to guide our students through an advanced curriculum to become tomorrow’s global visionaries. Beyond academics, AMS offers diverse programs that engage and support entire families. Our goal is to build a strong community within the communities we serve, driven by our shared dedication to nurturing every child's potential.
We are a financially sustainable network that does not rely on external funding for operation.
Academies of Math & Science (amsschools.org)
CANDIDATE PROFILE
The ideal candidate will align with our company values, have a vision for growth and great ability to execute growth, will be a top-notch strategic, analytical and systems thinker, and will have an appetite and desire for growth and how to execute growth in a financially sustainable and profitable way. Although we desire someone seasoned, what is most critical for us is your natural raw ability, your desire to win and succeed, your ability to execute, your hunger for growth and improvement, and your values which must match ours – chief among them being honoring yourself and being vulnerable.
Our existing finance and accounting team is strong. Our ideal leader is a great manager of people, is strong in modeling/leading modeling of finance formulas of different states for continued expansion, is able to serve as a strategic advisor to the CEO in acquiring other public schools for takeover and restart, is able to compare various financing options for strategic growth and lead financing, has a focus on fiscal stability, is people-focused and has an interest in serving both Academies of Math and Science schools and partner schools in which we provide select management services (including financial).
CFO JOB DESCRIPTION
Strategic Leadership
- Serve as a strategic advisor and thought partner to the CEO and Network Executive Team on sustainability of growth of new management contracts, acquisitions, and new states
- Oversee and lead presentation of financials to non-profit boards
- As needed, engage with stakeholders, board members, and funders
- Lead and manage the organization’s finance and accounting teams
- Oversee training and support for regional, network, and school-based staff in financial operations.
- The ideal candidate will be able to: analyze funding models of states for expansion, lead the financial side of the acquisition of other charter school management companies and contracts for turnarounds/takeovers, represent AMS Impact with financial management clients and lead the performance of that business
- Strong network of contacts in the charter school and public-school space preferred
Finance and Budget
- Oversee budgets of $120 M+
- Lead long-term financial planning, forecasting, and economic modeling including yearly budgets consistent with long-term goals
- Assess the financial implications of potential strategic and growth alternatives
- Oversee sound financial reporting of budgeted and actual financial performance on a quarterly basis to ensure financial stability
- Establish and maintain fiscal stewardship and oversee internal controls
- Ensure compliance with financial regulations and standards
- Drive financial security and sustainability for Academies of Math and Science and other partner schools
- Implement efficient processes and systems for financial operations
Ideal Experience
- Non-profit accounting
- Experience with financial debt deals (municipal bond, CDFI, developer), leading facilities development, and financing
- Understanding of federal grants and regulations
- Workday, or similar ERP software, experience
- Experience with 401k plans
- Oversight of at least $100m P&L and success leading a team in a rapid-growing organization
- Minimum of 3 years' experience as CFO in non-profit or for-profit entity (ideally both)
- Must be able to work well in a matrix-organization environment working closely with other executives to ensure success
- Financial expertise in multi-revenue stream and multi-site environments
- Strong understanding of accounting and payroll functions
- Comprehension of State and Federal regulatory requirements
- Experience in overseeing complex budgets and financials
- Excellent communication and negotiation skills
Benefits and Compensation
- Generous paid time off and health benefits package
- 401K matching up to 4% vested day 1
- Opportunity to contribute to the transformation of underserved communities
- Leadership role in a high-performing team with people who care about each other
Please submit a cover letter with your application.