"Alerted.org

Working Title** : **Chief Financial Officer

Job Class: Financial Mgt Director

Agency: Minnesota Lottery

+ **Job ID:** 90528

+ **Location:** Roseville

+ **Telework Eligible** : Yes (Max of three days/week)

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

+ **Regular/Temporary:** Unlimited

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

+ **Date Posted:** 12/03/2025

+ **Closing Date:** 12/23/2025

+ **Hiring Agency/Seniority Unit:** Minnesota Lottery / Lottery-Managerial

+ **Division/Unit:** Finance/Accounting

+ **Work Shift:** Day Shift

+ **Work Hours:** 8:00 a.m. - 4:30 p.m.

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

+ **Travel Required** : Yes

+ **Salary Range:** $46.68 - $67.01 / hourly; $97,468 - $139,917 / annually

+ **Classified Status:** Classified

+ **Bargaining Unit/Union:** 220 - Managerial

+ **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 State Lottery is seeking a strategic, experienced, and forward-thinking **Chief Financial Officer (CFO)** to lead all financial operations of the agency. This executive-level position serves as the Lottery’s chief financial strategist, responsible for directing budget development and administration, ensuring compliance with state and federal financial standards, developing fiscal policy, and overseeing financial reporting and analysis to ensure the long-term financial integrity of the Lottery.

The CFO provides high-level financial leadership, consultation, and decision support to the Executive Director and senior management team. This role directs the Accounting Division, manages statewide Lottery financial systems, and oversees all payments, receipts, accounting functions, and financial controls.

Responsibilities Include:

+ Serve as the Lottery’s principal financial analyst and consultant, providing expert technical advice, guidance, and strategic financial insight to senior staff.

+ Conduct complex fiscal analyses, evaluate financial impacts, and ensure sound financial management practices across the Lottery.

+ Provide managerial leadership to ensure financial expertise and decision support for the Executive Director and Lottery leadership.

+ Lead the accounting division, ensuring its operations meet objectives efficiently, effectively, and in alignment with organizational goals.

+ Direct the development, implementation, and management of the Lottery’s accounting and financial reporting systems.

+ Oversee statewide financial management services, ensuring compliance with state requirements and internal policies.

+ Manage the Lottery’s budget development, financial planning, forecasting, and fiscal policy administration.

+ Oversee all payment and receipt functions for the Minnesota State Lottery.

+ Ensure accurate accounting of inventory, fixed assets, and financial transactions in accordance with governmental accounting standards and state regulations.

Minimum Qualifications

To facilitate proper crediting, please ensure that your resume clearly describes your experience in the areas listed below and indicate the beginning and ending month and year for each job.

Minimum of ten (10) years' experience in progressively greater financial leadership roles

***Note: *Bachelor’s degree in business/accounting/finance, or related field may substitute for one (1) year of experience; Master’s degree substitutes for eighteen (18) months of experience; PhD substitutes for twenty-four (24) months of experience.

To be considered, applicants must have:

+ Extensive knowledge of **Generally Accepted Accounting Principles (GAAP)** , governmental accounting, and auditing practices.

+ Experience managing complex governmental or public-sector financial operations, including budgeting, forecasting, financial reporting, and cash management.

+ Knowledge of inventory and fixed asset management controls.

+ Knowledge of modern public-sector management practices, state accounting requirements, and appropriation structures.

+ Experience preparing, interpreting, and presenting complex financial analyses and reports.

+ Demonstrated ability to lead and manage a financial or accounting division or function.

+ Strong communication skills, including the ability to write clearly, present information effectively, and advise executive leadership.

Preferred Qualifications

+ Experience in a government or quasi-governmental organization, especially with enterprise or revenue-generating operations.

+ Knowledge of the Minnesota State Lottery’s financial structure, statutory requirements, and accounting systems.

+ Experience developing and implementing financial policies and procedures.

+ Experience with statewide financial management systems and state accounting processes.

+ Advanced skills in financial forecasting, policy analysis, and strategic planning.

+ Professional certifications such as CPA, CGFM, or CMA.

Additional Requirements

This position requires successful completion of the following:

The Minnesota Lottery will conduct a criminal background check and fingerprint check at the time of job offer for all prospective new employees. The Minnesota Lottery cannot hire any person who's been convicted of a felony or a crime involving fraud or misrepresentation within five years of employment or who's ever been convicted of a gambling-related offense.

In addition, the Minnesota State Lottery will perform the following background checks:

+ Employment Reference Checks (includes review of personnel file for current and former State of Minnesota employees)

+ SEMA4 Records Check (for current and former State of Minnesota employees)

+ Driver's License Records Verification

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.