Associate, Cash Management

About Achievement First Achievement First (AF) is a nonprofit 501(c)(3) organization supporting 39 public charter schools across New York, Connecticut, and Rhode Island. For more than 25 years, AF has been recognized as one of the top tuition-free public charter school networks in the country. We are committed to creating schools of academic excellence within nurturing environments — schools that prepare students to be college-ready and to pursue and succeed in whatever paths they choose in life. The majority of AF students are Black and Latinx children from low-income families, many of whom will be the first in their families to graduate from college. Across our network, we employ more than 2,200 staff members — 64% of whom identify as Black, Indigenous, or People of Color — who collectively educate nearly 15,000 students in Brooklyn and Queens, NY; New Haven, Bridgeport, and Hartford, CT; and Providence and Cranston, RI. Our mission is to prepare every student to excel in college, career, and life; deepen their understanding of self and community; and lead lives of purpose. We believe in the limitless potential within our students and their power to shape a more just society. That belief drives our deep commitment to student achievement: we aim to set a high bar for learning and create warm, demanding classrooms where rigorous instruction is paired with the care, encouragement, and consistency every student deserves. Your Impact The Associate, Cash Management is a key member of the Finance team responsible for the accurate recording, monitoring, and reporting of all cash activity across Achievement First schools and the Network Office. This role supports day-to-day liquidity management and longer-term cash planning to ensure the organization can effectively meet its operational and strategic obligations.

Reporting directly to the Senior Director of Accounting you will be responsible for

Cash Management & Reconciliation Monitor daily cash activity across multiple bank accounts and ensure timely and accurate recording of all transactions. Perform regular bank reconciliations and research and resolve variances promptly. Manage and record electronic transactions, including ACH, wire transfers, and other bank activity, ensuring appropriate approvals and documentation. Reporting & Forecasting Prepare daily, weekly, and monthly cash position reports to support operational needs and treasury decision-making. Maintain and update cash forecasting models to support liquidity planning and monitoring. Track short-term investments and intercompany cash movements. Accounting & Close Support Support month-end and year-end close processes, including the preparation and posting of journal entries related to cash, bank fees, and interest income or expense. Ensure cash-related activity is recorded in accordance with GAAP and organizational accounting policies. Collaboration & Controls Partner closely with Accounts Payable and Accounts Receivable teams to anticipate cash inflows and outflows. Assist with internal and external audits by preparing schedules and providing supporting documentation for cash and banking activity. Maintain strong working relationships with banking partners and internal stakeholders. Process Improvement Support process improvements, system enhancements, and automation initiatives within the cash management and treasury functions. Contribute to the documentation and maintenance of cash management policies and procedures.

Qualifications

Education & Experience Bachelor’s degree in Accounting, Finance, or a related field required. Minimum of 3 years of relevant experience in accounting, finance, or cash/treasury operations. Experience working in a multi-entity organization is preferred. Nonprofit or education sector experience a plus. Skills & Knowledge Strong understanding of cash management, bank reconciliations, and core accounting principles. Knowledge of GAAP and nonprofit financial reporting standards. Proficiency in Microsoft Excel and familiarity with financial systems; Sage Intacct experience strongly preferred. Comfortable navigating online banking portals and treasury platforms. Exceptional attention to detail with strong organizational and time-management skills. Analytical mindset with the ability to identify, investigate, and resolve discrepancies. Ability to work independently while collaborating effectively across teams. Strong written and verbal communication skills. Ability to manage multiple priorities and meet deadlines in a fast-paced environment. Travel Expectations This is a hybrid role. The expectation is that the person in the role would be able to come into the Network Support office (NYC, CT, or RI) at least 3 days a week. There may be additional travel to regions outside of your own on a monthly basis. Compensation Achievement First sets salaries are set through a lens of equity, and based on the requisite skills, education, and experience relevant to the role. The salary for this position is $71,437. In order to uphold our commitment to equity, Achievement First does not negotiate pay. Additionally, Achievement First offers to all regular, full-time employees a comprehensive benefits package that includes paid time off, medical, dental, vision, and life insurance, a 403(b) retirement benefit package with match, and paid Family Leave.

Achievement First is an equal opportunity employer and an organization that values diversity. People from all diverse backgrounds are strongly encouraged to apply. Spanish language proficiency is a plus. You can learn more about diversity at Achievement First here

http://achievementfirst.org/about-us/diversity/