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: 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.
How To Apply
Select “Apply for Job” at the top of this page. If you have questions about applying for jobs, contact the Careers Help Desk at 651-259-3637 or email careers@state.mn.us. For additional information about the application process, go to http://www.mn.gov/careers.
Contact
If you have questions about this position, contact Human Resources at minnesota.housing.human.resources@state.mn.us
To receive consideration as a Connect 700 Program applicant, apply online, email the Job ID 85086, the Working Title and your valid Proof of Eligibility Certificate by the closing date to Human Resources at minnesota.housing.human.resources@state.mn.us.
About Housing Finance Agency
At Minnesota Housing, we know that affordable housing is an essential part of Minnesota’s infrastructure. When you work here, you’re helping to build stronger communities. We have a national reputation as one of the finest housing finance agencies in the country.
Working together to improve the state we love.
What do Minnesota's State employees have in common?
- A sense of purpose in their work
- Connection with their coworkers and communities
- Opportunities for personal and professional growth
Benefits
As an employee, you'll have access to one of the most affordable health insurance plans in Minnesota, along with other benefits to help you and your family be well.
Your benefits may include:
- Paid vacation and sick leave
- 12 paid holidays each year
- Low-cost medical, dental, vision, and prescription drug plans
- Fertility care, including IVF
- Diabetes care
- Dental and orthodontic care for adults and children
- 6 weeks paid leave for parents of newborn or newly adopted children
- Pension plan that provides income when you retire (after working at least three years)
- Employer paid life insurance to provide support for your family in the event of death
- Short-term and long-term disability insurance that can provide income if you are unable to work due to illness or injury
- Tax-free expense accounts for health, dental, and dependent care
- Resources that provide support and promote physical, emotional, social, and financial well-being
Support to help you reach your career goals:
- Training, classes, and professional development
- Student Loan Reimbursement (pilot program)
- Federal Public Service Loan Forgiveness Program (Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, visit the Federal Student Aid website at studentaid.gov)
Employee Assistance Program (EAP) for work/life support:
- A voluntary confidential program that helps employees and their families with life challenges that may impact overall health, personal well-being, or job performance
- Common sources of stress can be addressed through the EAP: mental health, relationship challenges (personal and work), grief and loss, finances, and legal issues
- Daily Living/Convenience Services: Chore services, home repair, trip planning, child/elder care
Programs, resources and benefits eligibility varies based on type of employment, agency, funding availability, union/collective bargaining agreement, location, and length of service with the State of Minnesota.
EQUAL OPPORTUNITY EMPLOYERS
Minnesota state agencies are equal opportunity, affirmative action, and veteran-friendly employers. State agencies are committed to creating a workforce that reflects the diversity of the state and strongly encourages persons of color and Indigenous communities, members of the LGBTQIA2S+ community, individuals with disabilities, women, and veterans to apply. The varied experiences and perspectives of employees strengthen the work we do together and our ability to best serve Minnesotans.
All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, sex (including pregnancy, childbirth, and disabilities related to pregnancy or childbirth), gender identity, gender expression, marital status, familial status, age, sexual orientation, status regarding public assistance, disability, veteran status or activity in a local Human Rights Commission or any other characteristic protected by law.
Applicants With Disabilities
Minnesota state agencies make reasonable accommodations to their employees and applicants with disabilities. If you have a disability and need assistance in searching or applying for jobs with the State of Minnesota, call the Careers Help Desk at 651-259-3637 or email careers@state.mn.us and let us know the support you need.
