"Alerted.org

Working Title: Senior Accountant

Job Class: Public Utilities Financial Analyst 2

Agency: Housing Finance Agency

+ **Job ID** : 86222

+ **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** : 05/14/2025

+ **Closing Date** : 05/27/2025

+ **Hiring Agency/Seniority Unit** : Housing Finance Agency / Housing Finance

+ **Division/Unit** : Accounting

+ **Days of Work** : Monday - Friday

+ **Travel Required** : No

+ **Salary Range:** $28.82 - $42.31 / hourly; $60,176 - $88,343 / annually

+ **Classified Status** : Classified

+ **Bargaining Unit/Union** : 214 - MAPE

+ **FLSA Status** : Exempt - Professional

+ 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.

Minnesota Housing is hiring! We’re a mission-focused financial institution looking for a Senior Accountant who is responsible for various loan accounting functions, including verifying and inputting new and modified Single Family loans, and will be responsible for transacting and reconciling any new State Appropriated loans residing in State Appropriated. This position provides a platform for ongoing learning, particularly in reconciling the Single Family loan portfolio, completing Single Family daily cash deposits in Cash Management utilizing the Application Oriented Designs (AOD) Emphasys accounting software that interfaces into the General Ledger, and collaborating with our external servicing partners. Moreover, this position is responsible for compiling the quarterly financial disclosure reporting for the Residential Housing Financing Bond (RHFB) fund indenture used in bond offering documents, the year-end audit, and other financial analyses. This role also contributes to preparing the annual report schedules as needed for the annual reporting.

Essential Job Duties

+ Process monthly loan activities (recording payments and deposits) using the Application Oriented Designs (AOD) Emphasys accounting software.

+ Perform account reconciliation for Balance Sheet and Income Statement accounts using (AOD) Emphasys reports and comparing them to the external servicer reports, ensuring accurate financial reporting.

+ Responsible for reconciling various loan series recorded in the Benedict, Group Inc. (BGI) Multifamily loan system against the General Ledger (GL). This critical task ensures data integrity and compliance, and it's essential that both systems are in agreement for State Appropriated and the Alternative Loan Fund 2 (ALF2) loans.

+ Reconciling the cash in transit cash balances in ALF2 and the Residential Housing Finance Bonds (RHFB) fund indentures.

+ Review, process, and clear the Single Family cash clearing accounts in ALF2 and RHFB.

+ Update and process the first mortgage loan modifications.

+ Set up the curtailment and prepay databases for the ALF2 and RHFB fund indentures. Team members will use these reports to prepare cash flow statements and other loan analyses.

+ Prepare monthly work papers and schedules as needed for audit and financial reporting purposes such as the payoffs/remittance and private mortgage insurance reports.

+ Prepare the quarterly financial disclosure reporting for the Residential Housing Finance Bonds (RHFB). This task provides transparency and accountability, and it's essential to execute it diligently.

+ Assist with the interim and fiscal year-end annual audits by providing requested information to auditors for the March and June audits and answering questions.

+ Prepare year-end schedules are requested for the annual report.

+ Perform other duties as assigned.

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.

+ **Bachelor's degree in Accounting or Finance and 2 years of experience working with accounting financial statement or loan accounting (General Ledger, loan transactions).**

+ **Two or more years of experience working with account reconciliations.**

+ **Intermediate experience in Microsoft Excel including using VLOOKUP and pivot tables.**

+ **Demonstrated communication skills, including ability to comprehend and communicate complex information in plain language.**

+ **Proven ability to use analysis, problem-solving, and decision making to identify issues and problems, using the same skills to resolve the issues quickly and effectively.**

+ **Cultural competency as demonstrated by skills for communication and interaction across cultures and awareness of one’s own world view and that different world views exist**

Preferred Qualifications

+ Experience working with General Ledger account reconciliations.

+ Loan accounting experience working with loan activities such as interest accruals, principal repayments, payoffs, loan loss reserves and provisions.

+ Financial institution experience.

+ AOD Emphasys accounting software experience.

+ 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.

Physical Requirements

Requires moving office items such as file folders and small office 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 [email protected] . Please indicate what assistance is needed.