Working Title: Chief Financial Officer
Job Class: Agency Chief Financial Officer
Agency: Teachers Retirement Association
Job ID : 91906
Location : St. Paul
Telework Eligible : Yes
Full/Part Time : Full-Time
Regular/Temporary : Unlimited
Who May Apply : Open to all qualified job seekers
Date Posted : 02/03/2026
Closing Date : 03/04/2026
Hiring Agency/Seniority Unit : Teachers Retirement Assoc / TRA-Managerial
Division : TRA Finance
Work Shift/Work Hours : Day Shift
Days of Work : Monday - Friday
Travel Required : Yes - Up to 10%
Salary Range: $51.96 - $74.54 / hourly; $108,492 - $155,639 / annually
Classified Status : Classified
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/) : 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.
Teachers Retirement Association (TRA) has been providing pension coverage to Minnesota educators for decades, with a mission to help members and their beneficiaries plan for an independent and financially secure retirement. We are currently seeking job candidates with strong leadership skills related to accounting and financial reporting for our Chief Financial Officer (CFO) role.
The CFO for the TRA supports the Executive Director and Deputy Executive Director, as a strategic business partner, in managing and leading the financial operations of the organization. The incumbent hired into this role will consult with TRA staff on complex financial matters and set critical organizational goals as a member of TRA's Executive Team. The CFO will also provide regular information/guidance to TRA's Board of Trustees. Lastly, the incumbent will be required to oversee several financial functional services, such as, public pension accounting, financial reporting, budgeting, risk management, tax compliance, contract administration, administrative and board support services, and member/employer records management.
This position is located at our Saint Paul, Minnesota office. The role is telework eligible, but will require the incumbent to work a schedule that includes some in-person work. Travel maybe required occasionally, up to 10%.
Minimum Qualifications
A Bachelor's degree in Accounting, Finance, Economics, Business/Public Administration, or a related degree plus five (5) years of experience managing or supervising finance-related activities of a complex business or government program.
Experience must further demonstrate:
Experience working with Statewide Integrated Financial Tools (SWIFT) or similar financial reporting system; Workiva or similar compliance, reporting, and GRC (Governance, Risk, and Compliance) system; and NetSuite or similar finance, ERP (Enterprise Resource Planning), and CRM (Customer Relationship Management) system.
Experience determining, developing, and executing financial policies and directives.
Extensive knowledge of Microsoft Excel or similar software program.
Considerable knowledge of governmental Generally Accepted Accounting Principles (GAAP) and applications; Governmental Accounting Standards (GASB), risk management and internal control principles; budgeting; auditing; program management; financial reporting principles; procurement and contract management practices; strategic planning concepts and methods; and Annual Comprehensive Financial Report (ACFR) preparation.
Excellent oral communication and presentation skills to articulate complex financial topics with clarity, and provide expert guidance to Executive Management and the Board of Trustees on financial decisions and organizational policy.
Strong writing skills to prepare agency financial publications and communications.
Proven leadership ability and interpersonal skills to build collaborative relationships; influence decision-making; effectively motivate and manage a diverse team; and champion a work culture that advocates for inclusion.
Effective project management skills and a demonstrated record of successfully implementing enterprise process improvements.
Successful candidates also must be able to secure their own transportation for in-state business travel, conferences, and/or trainings. Travel may be required up to 10% of the time for this role.
Preferred Qualifications
Master's Degree in Accounting, Finance, Economics, Business/Public Administration, or a related degree.
Certified Public Accountant, Certified Public Finance Officer, or similar professional certification (e.g., Certified Government Financial Manager, Certified Internal Auditor).
Administrative experience in public pension plan administration.
Knowledge of public pension retirement plan design, function and administration; actuarial principles, methods and assumptions.
Experience with public sector financial management.
Physical Requirements
This position requires occasional transporting of articles such as file folders, ledgers and/or small tools. May be required to move or maintain a stationary position for long periods of time.
Additional Requirements
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Successful candidates must pass past-employer reference checks and a criminal background check. *
It is the policy of TRA that all finalist(s) submit to a background check prior to employment. The background check may consist of the following components:
State of Minnesota state government employment records check (applies to current and past State of Minnesota state government employees only)
Criminal History Check
Employee Reference Check
Social Security and Address Verification
Education Verification
Driver's License Check
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.
