Analyst - Charter Schools

Analyst – Charter Schools

Location: Alabama

New Schools for Alabama is hiring an Analyst to support the credit enhancement and facilities financing needs of Alabama charter schools. This work includes all aspects of facilitating financing for charter schools, planning, deploying, and monitoring credit enhancement, and portfolio management of schools. Essential to this is the ability to support schools in multi-year financial planning, guiding them in understanding affordability, and developing an understanding of the unique funding environment public charter schools in Alabama encounter. The work includes direct interaction with school leaders, lenders, donors, and legal advisors, and government officials. This is a key role that works directly with our CFO, our Managing Dir. of Facilities and Finance, and other members of the finance team at NSFA.

At New Schools for Alabama, we believe every child has a fundamental right to attend a quality school offering a safe, supportive, and academically challenging environment. Unfortunately, far too many students in Alabama do not have access to such a school, especially students of color and students in low socioeconomic communities.

​New Schools for Alabama was established to rectify this injustice. We will do so in an inclusive, collaborative manner, by recruiting high-caliber leaders to establish new schools in underserved communities and by fostering a policy environment that supports the growth of excellent charter schools in high-need areas throughout the state. We are a 501©3 nonprofit, public charity organization created to serve kids in Alabama.

Our mission is to support the growth of excellent public charter schools in Alabama to ensure that every child has access to a quality public education.

· Effectively demonstrate an interest in educational equity and share in the belief that all children deserve high quality educational opportunities.

· Support NSFA in its efforts to facilitate financing and deployment of credit enhancement for charter schools. This involves:

o Conducting due diligence, making site visits, preparing credit memos, and supporting NSFA in its efforts to match lenders, schools, and credit enhancement resources.

o Assist schools in preparing multi-year financial models, conducting affordability analyses, and supporting financial elements of charter applications.

o Supporting ongoing and annual compliance reporting for credit enhancement grant funds.

o Maintaining detailed credit enhancement and loan fund pipeline data and preparing dashboards for internal and governing board use.

o Prepare annual benchmarking compilations of Alabama charter school data.

o Advise charter school leaders on financial challenges and work collaboratively with them as they create a financial model that supports their facilities vision and is financially sustainable.

o Build and maintain a toolkit of financial templates, analysis tools, comparative data, etc. to support our credit enhanced loan fund.

o Collaborate with colleagues, schools, and lenders, to provide financial guidance and support to schools as they evaluate facilities borrowing, construction, school expansion, refinancing, etc.

o Collaborate with external providers NSFA utilizes in its support of schools.

o Provide additional analytical support as may be needed.

· Communicate with clients in ways that advance our role as trusted advisors to schools and school staff.

· Maintain confidentiality and client information with the utmost care.

· Undergraduate degree in finance, accounting, or similar.

· MBA, CPA, charter school, lending or consulting background is very helpful.

· Demonstrated experience in financial modeling or a previous relevant financial role.

· Strong Excel skills, experience with AI assisted work, and ability to prepare highly effective spreadsheets, slides and other graphic representations of data under tight timelines.

· Knowledge of Alabama school finance is not required.

NSFA provides a competitive full-time salary and extensive benefits including paid time off, 401k match, and fully covered healthcare premiums.

Interested candidates should send a resume and brief cover letter to Chris Reynolds at jobs@newschoolsforalabama.org.

Pay: $75,000.00 - $100,000.00 per year

Work Location: Hybrid remote in Birmingham, AL 35203