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 indepen