Working Title: Executive Finance Officer
Job Class: Housing Finance Agency Executive
Agency: Housing Finance Agency
Job ID : 88137
Location : St. Paul
Telework Eligible : Yes, up to 50% of scheduled workdays. Teleworking employees are required to live in Minnesota or within 50 miles of the St. Paul office if in Wisconsin.
Full/Part Time : Full-Time
Regular/Temporary : Unlimited
Who May Apply : Open to all qualified job seekers
Date Posted : 08/11/2025
Closing Date : 09/02/2025
Division/Unit : Manager-Commissioner's Main
Days of Work : Monday - Friday
Travel Required : No
Salary Range: $59.93 - $85.80 / hourly; $125,133 - $179,150 / annually
Classified Status : Unclassified
Supervisor : Deputy Commissioner Rachel Robinson
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
This position requires an employee to be onsite at 400 Wabasha Street North, St Paul, Minnesota at least 50% of the time, with some opportunity to perform work from a telework location.
Telework (https://mn.gov/mmb-stat/policies/1422-telework.pdf) is available on a limited basis.
Only candidates residing in Minnesota or a state bordering Minnesota (Iowa, North Dakota, South Dakota, or Wisconsin) within 50 miles of the work address listed above are eligible for telework.
Candidates residing in Minnesota and more than 50 miles from the primary/principal work address above may be eligible to telework more than 50%.
Candidates residing 50 miles or more from the primary/principal work address in a state bordering Minnesota (Iowa, North Dakota, South Dakota, or Wisconsin) are not eligible to be hired, unless planning to relocate within 50 miles of the work location.
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 the State of Minnesota's affordable housing agency and we believe there should be joy in the work we do. For more than 50 years, we've worked to provide access to safe, decent, and affordable housing and to build stronger communities across the state. Our Vision - The Big, Audacious Goal - is that all Minnesotans live and thrive in a safe, stable home they can afford in a community of their choice. For more than 50 years, we've worked to provide access to safe, decent and affordable housing and to build stronger communities across the state.
Minnesota Housing is a municipal bond issuer and independent financial entity with significant assets and a complex financial structure. We issue approximately $1B of bonds annually and have an annual operating budget of over $67M.
This position is a key member of the Agency Servant Leadership Team and will provide strategic financial guidance and management to continue to secure the financial position of the agency while delivering quality affordable housing across Minnesota. The Executive Finance Officer is responsible for development and oversight of financial plans and policies, for collaborating with business leaders to develop and implement innovate financing structures, and for managing the organization's credit and financial risk.
This position is best suited for a proactive, team-oriented leader, with keen strategic and financial management skills. The ideal candidate will have a mix of experience with running financial operations in the nonprofit or public sector, and a comprehensive understanding of real estate lending.
Essential Job Duties
Lead and guide the strategic financial plan for the agency. Strategically manage and monitor the balance sheet and income statement. Align earnings with the mission of the Agency.
Direct the completion of required Financial Statements and lead the Agency financial audit processes with continuous improvement and an expectation of excellence. Minnesota Housing's bond holders require that the Agency retain an independent auditing firm to ensure the accuracy of Agency financials.
Along with the Executive Investment Officer, serve as the Agency's contact for the Ratings Agencies.
Lead, motivate, and develop a highly skilled finance team to achieve strategic outcomes efficiently and innovatively, fostering a culture of continuous improvement. Supervise and direct the previously mentioned finance functions to ensure proper responsibility, authority, and accountability are allocated.
Serve as the Agency's spokesperson for financial activities, budget status, and overall financial condition. Manage the division so that effective communication, working relationships, and service levels are maintained with stakeholder groups.
Perform duties as assigned by the Commissioner or Deputy Commissioner to help the Agency meet its goals and objectives.
Foster and cultivate a high performing Finance and Accounting team, including 20+ indirect reports.
Minimum Qualifications
To be qualified for and considered for this position, applicants must meet all of the minimum qualifications listed below. Ensure that your resume contains descriptions of your work experiences sufficient for comparison against the requirements stated below and indicate 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.
Six (6) years of experience in financial management overseeing financial statements and shepherding financial resources to achieve organizational objectives over time.
Three (3) years of demonstrated leadership experience, including deploying personnel and resources in the department with respect to hiring, promoting, evaluating, training and retention of department staff.
Command of theories of credit risk analysis and good business management.
Familiarity with general accepted accounting principles.
Skill in strategic planning, budgeting, and forecasting processes.
Demonstrated communication skills, including ability to comprehend and communicate complex financial information in plain language.
Preferred Qualifications
Masters of Business Administration.
Certified Public Accountant and/or Chartered Financial Analyst.
Experience managing the finance function(s) at a housing finance agency, a unit of government, or a non-profit.
Physical Requirements
Requires moving office items such as file folders and small office tools.
A certain amount of walking and standing is often necessary in carrying out job duties.
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.
