Challenge Charter Schools Director of Finance


Challenge Preparatory Charter School (“Challenge Prep”) is a community-based public charter school that was founded in 2010 to serve students and families in the Far Rockaway section of Queens, New York. We currently serve grades K-5 and are in the midst of expanding to grades K-8 by the 2018-19 school year.

Educational Culture at Challenge Prep

Our school’s mission is to cultivate the intellectual, social, emotional and ethical development of our students and prepare them for long-term success both inside and beyond the classroom. We aim to accomplish this mission by building a culture among students, faculty, staff, parents and community members that conveys excitement about learning, fosters creativity and collaboration, and celebrates success.  

All members of the Challenge Prep community, including teachers, staff and school leadership: 
•    Share a common understanding of what quality teaching looks like by adopting the Danielson Framework for Teaching. 
•    Believe that how children learn is as important as what they learn, and that academic success is inextricably tied to building social-emotional competencies. 
•    Take full responsibility for the academic progress of our students and incorporate innovative methods of evaluating the effectiveness of faculty, staff, and school leadership across all grade levels and program areas. 
•    Conduct annual professional evaluations that use multiple measures to determine effectiveness, including classroom observations and student outcomes.
•    Provide intensive supports for new teachers to help ensure their success.

Director of Finance

The Director of Finance reports directly to the CEO. S/he oversees all matters related to the financial management of the school. S/he ensures compliance with federal, state, and local government policies and procedures as it pertains to financial and operational audits in public charter schools. S/he manages and coordinates the processing and reporting of financial activities for the charter school. S/he develops internal controls designed to help safeguard the assets of the charter school.


  • Ensuring financial stability, sound financial planning, effective asset management and full compliance with government and charter audit requirements.
  • Planning, organizing and directing all day-to-day fiscal operations of the charter school.
  • Coordinating fund development, including the creation and implementation of long-term financial development plan, donor management and the acquisition of entitlement and competitive grants and corporate sponsorships.
  • Working with the CEO, Board Treasurer, outside auditors and charter authorizer to address operational improvements and recommend actions identified as part of the annual audit.
  • Establishing and maintaining accurate and timely fiscal records and reports for ongoing analysis of the organization’s fiscal condition.
  • Submitting periodic financial reports to the CEO, Treasurer and Board of Trustees and submitting all financial reports required by the NYCDOE and NYSED.
  • Monitoring legislative and policy developments related to fiscal operations, including analysis thereof for legal and administrative compliance. 
  • Maintaining accounting records for funds received and distributed and overseeing payroll processing and required tax reporting.
  • Auditing for adequacy and effectiveness of the charter school’s internal financial control and reporting systems.
  • Assuring that the charter school meets specifically assigned ongoing and annual operational and financial objectives.
  • Reviewing and advising on all reports that have financial implications and assisting with developing and monitoring the charter school’s annual budget.
  • Reviewing financial statements for accuracy of account classification and analyzing activities in various accounts, and assuming overall responsibility of the integrity and adherence to individual and professional standards of all financial activities, including individual school financial record keeping.
  • Overseeing Accounts Payable and performing other finance-related duties as needed or requested by the CEO or Board Treasurer.
  • Developing recommendations regarding human resources policies and reporting such recommendations to the CEO.
  • Attending all Board meetings and working with CEO and Finance committee to implement policies.

Minimum Qualifications

  • Bachelor’s degree in accounting, finance, business management, organizational management and/or a closely related field. Master’s degree in finance preferred.
  • Certified Public Accountant preferred.
  • At least two years experience in financial accounting, preferably in an educational environment and/or at least two years experience in an operational capacity in an educational environment.
  • Knowledge of relevant Education Codes and related laws and regulations, particularly those sections covering school finance requirements, accounting procedures, the audit process and school operations. Familiarity with appropriate government programs and grants preferred.
  • Prior successful experience with principles, practices and methods of financial management, budget preparation and control.
  • Working knowledge of computer applications including accounting software, spreadsheets, databases, and word processing.
  • Excellent writing and verbal communication skills, and demonstrated ability to communicate effectively to diverse audiences including Trustees, administrators, teachers, parents, students, vendors and community-based resources.
  •  Knowledge of and experience with school facilities and relevant technologies.

To Apply

Please email to:

  • A cover letter to the CEO explaining why you would be an excellent Director of Finance.
  •   A copy of your current resume. Resumes without cover letters will not be reviewed.

Challenge Preparatory Charter School is an equal opportunity employer and actively encourages applications from people of all backgrounds. 

Compensation is competitive. Challenge Charter Schools offers a full benefits program and opportunities for professional growth.