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Working Title: Chief Financial Officer

Job Class: Chief Financial Officer

Agency: MN State Retirement System

+ **Job ID** : 87897

+ **Location** : St. Paul

+ **Telework Eligible** : Yes, up to 2/3 days per week

+ **Full/Part Time** : Full-Time

+ **Regular/Temporary** : Unlimited

+ **Who May Apply** : Open to all qualified job seekers

+ **Date Posted** : 07/30/2025

+ **Closing Date** : 08/28/2025

+ **Hiring Agency/Seniority Unit** : MN State Retirement System / MSRS-Managerial

+ **Division/Unit** : MN State Retirement System / Chief Officers

+ **Work Shift/Work Hours** : Day Shift

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

+ **Travel Required** : No

+ **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.

**Job Summary** :

This position serves as the Minnesota State Retirement System (MSRS) Chief Financial Officer, providing strategic leadership over the accounting, financial reporting and contracting programs of the agency. The areas of oversight include managing public pension accounting, annual financial reporting, budgeting, risk management, internal controls, tax compliance, and contract administration. This position is part of the executive management team acting as a strategic business partner with other members of the team. The position acts as the Retirement Systems of Minnesota Facility Manager working directly with the Facilities Management Committee by directing the management of the building jointly owned by MSRS, Public Employees Retirement Association (PERA) and Teachers Retirement Association (TRA).

Responsibilities include:

+ Collaborate with the executive management team **in formulating strategic goals.**

+ Develop and manage the budget process to secure timely funding to pay retirement benefits, general fund appropriations, and special financing necessary to improve the funded status of any defined benefit retirement plans.

+ Manage and provide strategic oversight over the operational programs within the finance division which include: Accounting, Contracting, and Financial Reporting work units.

+ **Lead the execution of large organization-wide initiatives and projects, while promoting agency-wide collaboration and maintaining effective working relationships with the MSRS Board of Directors and staff.**

+ Oversee all aspects of financial reporting functions, including external financial and internal audits, internal audit, the public exchange of financial information, and certifications to other Minnesota state agencies.

Minimum Qualifications:

Five (5) years* of leadership or supervisory/managerial experience within the last ten (10) years that includes development and management of financial policy, financial reporting, budgeting, funding strategy, revenue/cost-forecasting, risk management, and internal controls.

*A bachelor’s degree in accounting, finance, business management, public administration or policy, economics or other closely related field as determined by the agency may substitute for one (1) year of experience; a master’s degree in a closely related field may substitute for eighteen (18) months.

Applicants that meet the above minimum qualification will be further evaluated on the following:

+ Extensive 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, contract management practices, strategic planning concepts and methods, and knowledge of Annual Comprehensive Financial Report (ACFR) preparation.

+ Ability to develop and define a strategic plan, annual agency goals, and the overall strategy to achieve them.

+ Ability to interpret policies, regulations, and contracts to adapt, apply, and enforce them.

+ Leadership ability to plan, organize, supervise, and coordinate programs and personnel, measure progress, evaluate results, and initiate improvements.

+ Interpersonal skills to maintain integrity and trust, and build effective working relationships with managers, supervisors, employees, customers, and peers.

+ Communication and presentation skills sufficient to prepare informative presentations to the MSRS Board of Directors and the executive team.

Preferred Qualifications:

+ Master's Degree in Accounting, Finance, Economics or Business Administration.

+ Certified Public Accountant, Certified Public Finance Officer, or similar professional certification (e.g., Certified Government Financial Manager, Certified Internal Auditor).

+ Knowledge of public pension retirement plan design, function and administration; actuarial principles, methods and assumptions.

+ Experience working with the Statewide Integrated Financial Tools (SWIFT) or similar system.

Additional Requirements:

It is the policy of the Retirement Systems of MN that all employees submit to a background investigation prior to employment. The background check may consist of the following components:

+ SEMA4 Records Check (applies to current and past State employees only)

+ Criminal History Check

+ Employment Reference Check

+ Social Security and Address Verification

+ Education Verification

+ Driver's License Check

The Retirement Systems will not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

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.