Working Title: Director of Finance

Job Class: Agency Chief Financial Officer

Agency: Housing Finance Agency

• Job ID : 85086

• Location : St. Paul

• Telework Eligible : Yes, with intermittent trips to the office and other work locations. Teleworking employees are required to live in Minnesota or in a state bordering Minnesota.

• Full/Part Time : Full-Time

• Regular/Temporary : Unlimited

• Who May Apply : Open to all qualified job seekers

• Date Posted : 03/24/2025

• Closing Date : 04/14/2025

• Division/Unit : Manager-Finance

• Work Shift/Work Hours : Day Shift

• Days of Work : Monday - Friday

• Supervisor : Debbi Larson

• Salary Range: $51.96 - $74.54 / hourly; $108,492 - $155,640 / annually

• Classified Status : Unclassified

• Bargaining Unit/Union : 220 - Manager/Unrep

• FLSA Status : Exempt - Executive

• Designated in Connect 700 Program for Applicants with Disabilities (https://mn.gov/mmb/careers/diverse-workforce/people-with-disabilities/connect700/) : No

The work you'll do is more than just a job.

At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans. The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.

Minnesota Housing is hiring! We’re a mission-focused financial institution looking for a Director of Finance who will play an integral part in the Agency's mission by ensuring liquidity needs are met through timely bond transactions, and analysis that illustrates liquidity needs and management of the funds. The position is responsible for investment of the agency's cash that is used to provide housing and operational needs. This position leads an accounting and finance team of 22 highly experienced team members who are responsible for the accurate reporting of financial data through the development of the audited financial statements and annual report.

Essential Job Duties

• Collaborate with the agency Executive Finance Officer to meet the agency’s financial mission and goals.

• Manage the agency’s balance sheet ($8.1 billion total assets) to achieve the mission of the Agency, while ensuring the Agency's long-term financial viability and satisfying bondholder obligations.

• Manage the Finance team, consisting of three Housing Finance Analysts, Director of Financial Analysis, and the Controller. The Controller manages the 15-person accounting team as well as Facilities. The Director of Financial Analysis manages one person.

• Provide guidance to the accounting ad finance teams on GASB pronouncements and GAAP reporting.

• Assist in management of the Agency’s income statement, providing all earnings to pay for Agency administration “foundation”, loans, and grants.

• Assist in the leadership and management of financial operations in the accounting department and in external and internal financial reporting.

• Lead, motivate, mentor and develop staff to achieve outcomes in an efficient and effective manner.

Minimum Qualifications

• Five (5) years of leadership experience, including management of employees.

• Bachelor’s degree in Finance or Accounting.

• Five (5) years of directly related finance experience including preparation and review of financial and management reports, or management of the income statement.

• A Master’s degree in Finance and Accounting may substitute for 6 months of experience

• Expert knowledge of Excel to include VLookup, pivot tables, etc.

• Experience determining, developing, and executing effective financial policies and directives.

• Ability to anticipate and critically analyze a broad range of problems and issues, determine root causes, conceptualize and implement solutions to resolve them

• Experience implementing processes that incorporate GASB pronouncements and GAAP requirements.

• Knowledge of principles and methods used in the analysis and development of financial forecasting.

Preferred Qualifications

• Our employees are dedicated to ensuring cultural responsiveness. Preferred candidates will have a variety of experiences working effectively with others from different backgrounds and cultures.

• Experience in housing finance.

• Background experience in financial institution and/or bank management.

• Familiarity with municipal bond issuance, specifically related to housing bonds.

• Effective interpersonal, verbal, and written communication skills.

Physical Requirements

Requires occasionally lifting and/or carrying such articles as file folders, ledgers, and small tools.

Additional Requirements

This position requires successful completion of the following:

• Reference Checks.

• Job related background checks.

• Conflict of Interest Disclosure.

AN EQUAL OPPORTUNITY EMPLOYER

Minnesota State Colleges and Universities is an Equal Opportunity employer/educator committed to the principles of diversity. We prohibit discrimination against qualified individuals based on their race, sex, color, creed, religion, age, national origin, disability, protected veteran status, marital status, status with regard to public assistance, sexual orientation, gender identity, gender expression, or membership in a local commission as defined by law. As an affirmative action employer, we actively seek and encourage applications from women, minorities, persons with disabilities, and individuals with protected veteran status.

Reasonable accommodations will be made to all qualified applicants with disabilities. If you are an individual with a disability who needs assistance or cannot access the online job application system, please contact the job information line at 651-259-3637 or email careers@state.mn.us . Please indicate what assistance is needed.