Working Title: Minnesota Public Facilities Authority Chief Financial Officer
Job Class: Fiscal & Administrative Services Manager
Agency: Minnesota Public Facilities Authority (MPFA)
Job ID : 87888
Location : St. Paul
Telework Eligible : Yes, may be eligible for some telework
Full/Part Time : Full-Time
Regular/Temporary : Unlimited
Who May Apply : Open to all qualified job seekers
Date Posted : 08/07/2025
Closing Date : 08/27/2025
Hiring Agency/Seniority Unit : Public Facilities Authority / Managers
Division/Unit : Public Facilities Authority
Work Shift/Work Hours : Day Shift, 7:30am to 4:00pm
Days of Work : Monday - Friday
Travel Required : Yes, up to 10% of the time
Salary Range: $45.03 - $64.69 / hourly; $94,022 - $135,072 / annually
Classified Status : Classified
Bargaining Unit/Union : 220 - Manager/Unrepresented
FLSA Status : Exempt - Executive
Designated in Connect 700 Program for Applicants with Disabilities (https://mn.gov/mmb/careers/diverse-workforce/people-with-disabilities/connect700/) : Yes
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.
The Minnesota Public Facilities Authority (MPFA) is a multi-agency financing authority that provides infrastructure financing programs and municipal financing expertise to enhance the environmental and economic vitality of the State.
This position will manage and be accountable for the fiscal, financial, risk management, and related administrative operations of the Authority. Major responsibilities include the operational procedures and control systems designed to preserve and promote efficient and effective use of, and accurate, timely, and useful reporting on, Authority financial resources and obligations. Critical to the Authority are proper management of its significant assets ($2.3 billion) including a large loan portfolio and various cash and investment accounts, and proper planning and management of its debt (tax-exempt revenue bonds) with a statutory cap of $2 billion outstanding.
The Chief Financial Officer (CFO) for the Authority will fulfill the roles of CFO, controller, financial management director, budget director, cash and investment manager, and debt manager.
As a key member of the Authority management team, the CFO will contribute to and participate in program development and analysis efforts to maximize effective accomplishment of corporate purposes.
Job duties to include:
Financial Management and Operations - Plan and direct the development, implementation, and oversight of financial and related operational policies, processes, and procedures to support short and long-term financial and operational goals of the Authority.
Financial Accounting and Reporting - Direct the development of financial accounting and reporting systems, and policies and procedures, to ensure proper processing and recording of accounting transactions and to provide timely, reliable, accurate, and useful information for management, staff, federal granting agencies, rating agencies, the U.S. Internal Revenue Service, and the Municipal Securities Rulemaking Board.
Other Controller Functions - Develop, implement, and communicate risk management and internal control systems designed to provide reasonable assurance regarding the achievement of operational objectives including effectiveness and efficiency of operations, accurate and reliable financial reports, and compliance with applicable laws and regulations.
Asset and Debt Management Functions - Work with the executive director to establish and execute strategies for managing the Authority's assets and debt.
Forecasting, Financial Strategy, and Program Development - Direct the development of forecasting and analysis tools and, with agency management, use them to plan and implement effective program management strategies.
Budget Director Functions - Oversee all budgeting activities including budget formulation, monitoring, and reporting. Organize, evaluate and control budget plans and administers funds. Design and develop budgetary guidelines. Review operating budgets periodically to analyze trends affecting budget needs.
This position will be based out of the St. Paul office.
This position is telework (https://mn.gov/mmb-stat/policies/1422-telework.pdf) eligible. Staff are provided with the tools and equipment to be successful in a virtual work environment. Please note, the telework policy could change with notice based on business needs.
Minimum Qualifications
Please ensure that your resume clearly describes your experience in the areas listed and indicates the beginning and ending month and year for each job held. Only applicants whose resumes clearly demonstrate fulfillment of each of these minimum qualifications will be considered for this position.
Five (5) years* of experience in strategic financial planning and operations that demonstrates all of the following:
Budgeting
Forecasting
Policy development
Asset management
Loan portfolio management
Financial controls
*Bachelor's degree in Accounting, Finance, Business Administration, Public Administration, Public Policy, or other closely related field as determined by the agency may substitute one (1) year of experience; master's degree substitutes for eighteen (18) months of experience.
Applicants that meet the above minimum qualification will be further evaluated on the following:
Experience leading, motivating, managing, and mentoring financial and accounting staff.
Knowledge of municipal finance and bond issuance, and regulatory requirements.
Communication skills sufficient to effectively direct financial operations, prepare and present agency financial communications and implement budget planning activities.
Experience with governmental accounting, auditing, and reporting.
Experience in preparing entity-level financial statements, managing loan portfolios, and developing budgets and financial models.
Preferred Qualifications
Master's degree in Accounting, Finance, Business Administration, Public Policy or other closely related field as determined by the agency.
Experience working with the Statewide Integrated Financial Tools (SWIFT) or similar systems.
Experience creating and using software such as Microsoft Suite for emails, word processing, spreadsheets, and databases.
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.
Additional Requirements
A job offer will be contingent upon successfully passing a background check. The background check may consist of the following components:
Criminal Background Check
Employment Records Check (current and former State employees only)
Employment Reference Check
Conflict of Interest Review
Driver's License and Records Check
The Minnesota Public Facilities Authority will not sponsor applicants for work visas. All applicants must be legally authorized to work in the U.S.
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.
