Los Angeles Unified School District (LAUSD)
Charter Schools Fiscal Oversight Manager
$118,417.68-$146,997.84/ Annually
LA Unified School District is seeking a Charter Schools Fiscal Oversight Manager
A Charter School Fiscal Oversight Manager plans, coordinates, and conducts financial monitoring for fiscally independent charter schools authorized by the District to ensure financial solvency and compliance with the charter schools’ governing board-adopted fiscal policies and procedures and federal, state, and District regulations and requirements.
Job Duties:
- Reviewing annual independent audit reports for fiscally independent charter schools authorized by the District and identifying key areas of interest in oversight responsibilities.
- Conducting mandatory oversight visits to each individually assigned independent charter school annually and as needed.
- Reviewing new and renewal charter petitions and material revision requests.
- Conducting the Community Impact Analysis, including the enrollment trend analysis and fiscal impact analysis, as applicable and required by charter laws and regulations, and District policy.
- Reviewing fiscal policies and procedures established and approved by charter schools’ governing boards and tests for compliance.
- Analyzing charter schools’ budgets, cashflow projections, financial Local Control Accountability Plans (LCAPS), and a variety of financial transactions such as check disbursements, bank and credit card transactions, cash transactions, check registers, invoices, and bank reconciliation statements to identify potential issues.
- Supervising and participates in the analysis of charter schools’ interim financial reports and performing variance and analytical reviews.
- Conducting segregation of duties interviews of school leaders, staff, and others responsible for the financial administration of the school and/or the charter management organization to evaluate internal controls and procedures, and management of public funds.
- Attending charter schools’ board meetings on an annual and as-needed basis.
- Issuing notices as part of the charter authorizer’s tiered-intervention process and performing follow-up reviews as necessary to assure corrective actions have been implemented.
- Coordinating and preparing the Local Control Funding Formula revenue calculation tools used in reviewing charter schools’ budgets.
Please go to www.lausdjobs.org for full list of job duties.
Minimum Requirements:
Education:Graduation from a recognized college or university with a bachelor’s degree in accounting, business, finance or a closely related field. Additional experience beyond that which is listed below, may be substituted for up to two years of the required education on a year-for-year basis.
Experience:Three years of external auditing, internal auditing, school fiscal policy review, forensic accounting, or charter school fiscal oversight experience. Experience in governmental accounting, automated accounting systems, or charter school audit review is preferable. One year of the aforementioned experience may be substituted by possessing certification as either a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Certified Fraud Specialist (CFS) or a Certified Forensic Accountant (CFA).
Special:Certification as either a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Certified Fraud Specialist (CFS) or a Certified Forensic Accountant (CFA) is preferable.
A valid driver’s license to legally operate a motor vehicle in the State of California and the use of a motor vehicle.
DESIRABLE QUALIFICATIONS
The ideal candidate for Charter School Fiscal Oversight Manager will have:
- The ability to review and interpret independent audited financial statements (Statement of Financial Position, Statement of Financial Activities, Statement of Cash Flows), the notes to the financial statements, and other reports required by Government Auditing Standards.
- Demonstrated experience and advanced analytical skills in any of the areas of: 1) Fiscal policies and procedures for nonprofit or private organizations; 2) Generally Accepted Accounting Principles (GAAP); and 3) Technical/ best practice guidance, such as the California Charter School Accounting and Best Practices Manual from the Fiscal Crisis & Management Assistance Team (FCMAT).
- Demonstrated experience in understanding sound business practices, proper internal controls and compliance, and/or detecting potential fraud, misappropriation of public funds, or fiscal mismanagement.
- Demonstrated experience with reviewing and assessing financial conditions and fiscal health of nonprofit or private organizations.
- Ability to learn and apply legal, regulatory, and technical guidelines applicable for nonprofit or private organizations.
- Demonstrated experience with face-to-face intercommunication with members of the public, school or organizational leaders, accountants and finance team members, and/or other third parties representing or acting in an official capacity on behalf of nonprofit or private organizations.
- Demonstrated proficiency in composing and presenting effectively written and oral reports and correspondence dealing with complex fiscal, compliance, business, and/or regulatory issues for use by various stakeholders, including, but not limited to, governing boards, leadership, staff members, or other public agencies (e.g., CDE, LACOE, etc.)
Benefits:
Insurance: District paid premiums for your choice of several medical, dental, and vision for you and your dependents; and life insurance plans.
Retirement: Membership in the California Public Employee Retirement System (CalPERS).
Vacation:24 days each year
Paid Holidays: up to 13 days.