Role: Subcontractor under CharterSource
Commitment: Contract (Varies based on Project)
Location: Minnesota
Compensation: Commensurate with experience, hourly or monthly retainer (Typically $125-200 per hour)

Position Summary

CharterSource is seeking a mission-aligned Fractional CFO to provide strategic financial leadership and operational oversight. This contract-based role is ideal for a seasoned finance professional who thrives in dynamic, impact-driven environments and has experience with public sector or nonprofit accounting—especially in education or charter schools.

The Fractional CFO will partner with the Board of Directors & School Leaders to ensure the financial health, compliance, and sustainability of the schools in their portfolio.

Key Responsibilities

Strategic Financial Leadership

• Advise on long-term financial planning and organizational sustainability.

• Develop financial strategies aligned with the school’s mission and growth goals.

• Serve as a thought partner to the School Leader and Board Finance Committee.

Budgeting & Forecasting

• Lead the annual budgeting process and provide regular re-forecasts.

• Model multiple financial scenarios to support programmatic decision-making.

Financial Operations

• Ensure accurate and timely financial reporting and accounting practices.

• Monitor cash flow, accounts payable/receivable, and bank reconciliations.

• Coordinate with the school’s bookkeeper or finance team as needed.

Compliance & Reporting

• Ensure compliance with all local, state, and federal funding requirements, including grants and audits.

• Prepare and present financial reports to the board, authorizers, and other stakeholders such as investors and rating agencies.

• Oversee audit preparation and interface with external auditors.

Risk Management & Fiscal Policies

• Evaluate financial risks and implement internal controls.

• Update and enforce finance-related policies and procedures.

Preferred Qualifications

• 7–10+ years of progressive financial leadership experience

• Experience in charter schools, affiliated building companies, public education, or nonprofits strongly preferred

• Proficiency in financial systems (e.g., QuickBooks, Excel, budgeting tools)

• Understanding of state and federal education funding streams (e.g., Title I, IDEA)

• CPA or MBA preferred but not required

• Excellent communication and presentation skills

Working Style & Values

• Mission-driven, collaborative, and values-aligned

• Responsive and organized; able to meet deadlines and juggle multiple priorities

• Comfortable working independently and with limited in-person oversight

To Apply

Please send a resume and a brief cover letter outlining your experience and availability to: info@chartersource.org . Applications will be reviewed on a rolling basis.