Bank Street College of Education
Director of Operations, Finance and Analytics
Be an Early Applicant
Leads financial planning, budgeting, forecasting, project accounting, grant and contract compliance, and operational systems for an education center. Oversees financial reporting, variance analysis, audits, invoicing, payroll coordination, and fund disbursements. Develops dashboards, KPIs, and statistical analyses for leadership and stakeholders. Partners with HR, IT, Facilities, Business Office, and College leadership on policies, process improvement, hiring workflows, strategic planning, and cross-functional operational initiatives.
Summary Position: The Director of Operations, Finance & Analytics will lead the strategic and day-to-day management of key financial, operational, and data functions at the Bank Street Education Center. This role is essential in advancing the Ed Center’s sustainability, growth, and alignment with College-wide priorities. The Director will drive operational excellence, ensure strong financial stewardship, and leverage data for strategic insight.
Key relationships: Reporting to the Vice President of the Ed Center, the Director will collaborate closely with the Ed Center leadership team, program associates, and key College leaders—including the Chief Operating Officer, Chief Financial Officer, and Chief Human Resources Officer—to ensure financial integrity, strengthen operational systems, and harness data analytics to drive strategic decision-making.
Responsibilities: In collaboration with the Ed Center’s leadership team and the College’s Strategy & Operations team, the Director of Finance & Operations will ensure that all operational aspects of the Ed Center are functioning at a high level in alignment with College-wide practices.
Leadership & Strategic Planning
- Serve as a core member of the Ed Center Leadership Team and College-wide operations structures.
- Lead financial sustainability efforts and strategic budget planning.
- Partner with the VP on business development, team development, and strategic implementation.
- Collaborate across divisions to inform budgeting decisions shaped by funding requirements and constraints.
Operations Management
- Draft, create, and refine policies and procedures for the Ed Center in relation to budget, human resources, and operations.
- Ensure the Ed Center’s operational systems, policies, and processes align with College-wide structures and best practices.
- Collaborate with Human Resources to support hiring, onboarding, reemployment processes, and ongoing HR workflows.
- Work closely with Facilities, IT, Business Office, and HR to ensure smooth day-to-day operations and address logistical needs.
- Lead cross-functional financial and operational initiatives within the Ed Center and across College divisions.
- Partner with HR and Business Office to oversee hiring, onboarding, and operational policies.
Financial Management
- Develop, manage, and monitor the Ed Center’s annual budget, ensuring alignment with strategic goals.
- Develop and manage detailed project budgets, including anticipated expenses and revenue streams.
- Provide financial oversight for grants, contracts, and externally funded projects, ensuring compliance with College policies and funder requirements.
- Develop systems to track, analyze, and forecast financial performance, identifying risks and opportunities for budget optimization.
- Track project costs, revenue, and budget variances, ensuring efficient resource allocation. Analyze variances between actual and projected financials, recommending corrective actions.
- Maintain accurate records of all project-related transactions, including expenses, revenue, and funding disbursements.
- Collaborate with divisional and College leadership to develop budget models for potential projects and team expansion.
- Partner with the Grants Accountant and Business Office to manage contract invoicing, payroll processing, and fund disbursements.
- Support audit preparation and compliance with government grants and restricted fund guidelines.
- Support the development of reports or updates for a range of constituents in a range of formats for board members, Office of Communications, the Division of Development and Alumni Relations, and other key stakeholders
Data Analytics & Forecasting
- Conduct trend analysis, statistical modeling, and financial forecasting to support strategic decision-making.
- Analyze financial trends within projects to identify cost-saving opportunities and risks.
- Develop financial projections for future projects, considering funding sources and anticipated expenses.
- Create dashboard reports and KPIs for senior leadership, funders, and key stakeholders.
- Compile pertinent background materials for key meetings and initiatives, as needed.
Qualifications
Skills & Knowledge
- Strong expertise in financial management, project accounting, and nonprofit budget planning.
- Familiarity with FENxt or similar accounting applications
- Ability to translate financial data into clear, actionable insights for leadership and project teams.
- Excellent knowledge of nonprofit financial reporting, donor compliance, and grant regulations.
- Strong proficiency in Google Suite, Microsoft Office (Excel pivot tables, advanced formulas), and financial management tools.
- Demonstrated leadership in designing and implementing financial processes for operational efficiency.
- Strong ability to build relationships and collaborate across teams and leadership levels.
- Expertise in budget planning, financial management, and grant/contract compliance.
- Strong verbal and written communication skills, with the ability to translate complex financial data for diverse audiences.
- Exceptional problem-solving, organizational, and project management skills.
- Ability to navigate ambiguity, manage multiple priorities, and drive operational efficiencies in a fast-paced environment.
Experiences
- 5+ years of experience in operations, finance, project management, or a related field within a nonprofit or education-focused organization.
- Proven track record of managing complex budgets, financial reporting, and compliance processes.
- Experience leading organizational change, systems design, or process improvement initiatives.
- Familiarity with funding models, grant management, and contract administration in education or nonprofit settings.
Mindsets
- An executor with the willingness to roll up your sleeves to complete tasks; no tasks is too big or too small
- Commitment to equity, anti-racist practices, and social justice in financial and operational decision-making.
- Strong personal leadership qualities, integrity, and follow-through
- Strong analytical mindset and problem-solving skills.
- Ability to navigate complexity, drive efficiency, and support mission-driven financial decision-making.
- Adaptability and flexibility in an ambiguous, fast-paced environment of quickly changing priorities and tight deadlines
Salary Range: $115,000 - $135,000
Application information:
- After June 2027, this position is contingent upon the availability of additional funds
- Please address cover letters to:
Tracy Fray-Oliver
Vice President, Bank Street Education Center
Bank Street College
610 West 112th Street
New York, NY 10025
- In your cover letter, please include where you came across this job posting
BANK STREET COLLEGE OF EDUCATION IS AN EQUAL OPPORTUNITY EMPLOYER AND DOES NOT DISCRIMINATE ON THE BASIS OF RACE, SEXUAL ORIENTATION ETHNIC ORIGIN, SEX, OR DISABILITY IN ITS EMPLOYMENT POLICIES AND OTHER COLLEGE ADMINISTERED PROGRAMS.
About Us Bank Street is a leader in education, a pioneer in improving the quality of classroom practice, and a national advocate for children and their families.
Since its beginnings in 1916, Bank Street has been at the forefront of understanding how children learn and grow. From early childhood centers and schools to hospitals and museums, Bank Street has built a national reputation on the simple fact that our graduates know how to do the work that is right for children.
At Bank Street’s Graduate School of Education, students are trained in a model that combines the study of human development, learning theory, and sustained clinical placement to promote significant development as a teacher prior to graduation. Our children’s programs—Bank Street School for Children, Family Center, Bank Street Head Start, and Liberty LEADS—foster children’s development in the broadest sense by providing diverse opportunities for social, emotional, cognitive, and physical growth. The Bank Street Education Center disrupts inequity through system-level change to help design better educational experiences for both children and adults. The College further supports and influences positive outcomes for children every day through professional development programs, research projects, and other key efforts engaging educators, intermediary organizations, and government officials at the district, state, and federal levels.
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