2026-27 Chief Financial Officer (HMO+Fam 100% Coverage)

MAGNOLIA EDUCATIONAL & RESEARCH FOUNDATIONLos Angeles, CA
$190,000 - $210,000Onsite

About The Position

The Chief Financial Officer serves as Magnolia Public Schools’ senior financial leader and a key strategic advisor to the Deputy Superintendent, CEO, Board, Finance Committee, and executive leadership team. The CFO leads Magnolia’s financial strategy, budgeting, forecasting, accounting, compliance, internal controls, cash management, grants fiscal management, debt oversight, capital finance, and financial reporting. The CFO ensures that Magnolia’s financial systems, resource decisions, and fiscal practices support the organization’s mission to provide a safe, nurturing, high-quality, college-preparatory STEAM educational experience for students. This leader connects financial planning to school quality, enrollment and ADA trends, staffing models, facilities obligations, grants, debt capacity, and long-term sustainability. The CFO leads a responsive, agile, service-oriented Finance Department that provides schools and Home Office departments with timely information, clear guidance, reliable systems, strong controls, and decision-ready financial analysis. The CFO strengthens budget ownership, financial transparency, public stewardship, and fiscal discipline across the organization. This role requires a leader who can manage complexity, build trust, support school and department leaders, improve systems, protect public resources, and ensure Magnolia has the financial foundation needed to sustain strong schools and implement its long-term strategic priorities.

Requirements

  • Bachelor’s degree in finance, accounting, business administration, public administration, or a related field required.
  • MBA, CPA, or related advanced credential strongly preferred.
  • Significant progressive financial leadership experience in public education, charter schools, nonprofit finance, public-sector finance, or a similarly complex public funding environment strongly preferred.
  • Demonstrated experience leading budgeting, forecasting, financial reporting, audits, compliance, internal controls, cash flow management, and long-range financial planning.
  • Experience managing complex budgets, multi-site organizations, public funding streams, grants, payroll, procurement, facilities financing, and/or debt obligations strongly preferred.
  • Strong understanding of nonprofit accounting, public-sector finance, GAAP, audit processes, charter school finance, LCFF funding, ADA, enrollment-driven revenue, and public accountability standards.
  • Experience strengthening finance teams, improving workflows, building scalable systems, improving service delivery, and supporting organizational change.
  • Experience managing external accounting, back-office, audit, payroll, banking, bond, or financial advisory partners preferred.
  • Experience with facilities financing, bond transactions, debt compliance, capital project budgeting, cash flow forecasting, lender reporting, rating agency communications, and Board-level financial analysis strongly preferred.
  • Experience developing enrollment-sensitive financial models, ADA projections, revenue forecasts, staffing affordability analyses, school viability analyses, and school-level financial dashboards preferred.
  • Proven ability to build and lead teams, strengthen systems, manage workload, develop staff, and support leaders through complex financial decisions.
  • Strong analytical, communication, relationship-building, problem-solving, and executive leadership skills.
  • Ability to communicate complex financial information clearly to non-financial audiences, including school leaders, department heads, Board members, and community stakeholders.
  • Demonstrated commitment to Magnolia’s mission, values, public stewardship, equity, transparency, and student-centered decision-making.

Responsibilities

  • Lead Financial Strategy and Long-Term Sustainability
  • Strengthen Budgeting, Forecasting, and Monthly Financial Management
  • Ensure Strong Financial Management, Compliance, and Internal Controls
  • Strengthen Enrollment, ADA, LCFF, and Revenue Assumption Discipline
  • Lead Facilities, Debt, Grants, and Capital Finance
  • Strengthen Vendor, Contract, Procurement, and Cost Controls
  • Build a Responsive, Agile, and School-Centered Finance Department
  • Serve as a Strategic Partner and Trusted Communicator
  • Lead and Develop the Finance Team

Benefits

  • competitive benefits
  • retirement participation
  • generous time off
  • professional growth opportunities
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