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: 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.

How To Apply

Select “Apply for Job” at the top of this page. If you have questions about applying for jobs, contact the Careers Help Desk at 651-259-3637 or email careers@state.mn.us. For additional information about the application process, go to http://www.mn.gov/careers.

Contact

If you have questions about this position, contact Aneda Sivongsay at aneda.sivongsay@mnretire.gov or 651-284-7878.

To receive consideration as a Connect 700 Program applicant, apply online, email the Job ID#, the Working Title and your valid Proof of Eligibility Certificate by the closing date to Aneda Sivongsay at aneda.sivongsay@mnretire.gov.

About MN State Retirement System

Working together to improve the state we love.

What do Minnesota's State employees have in common?

A sense of purpose in their work Connection with their coworkers and communities Opportunities for personal and professional growth

Benefits

As an employee, you'll have access to one of the most affordable health insurance plans in Minnesota, along with other benefits to help you and your family be well.

Your benefits may include:

Paid vacation and sick leave 12 paid holidays each year Low-cost medical, dental, vision, and prescription drug plans 6 weeks paid leave for parents of newborn or newly adopted children Pension plan that provides income when you retire (after working at least three years) Employer paid life insurance to provide support for your family in the event of death Short-term and long-term disability insurance that can provide income if you are unable to work due to illness or injury Tax-free expense accounts for health, dental, and dependent care Resources that provide support and promote physical, emotional, social, and financial well-being

Support to help you reach your career goals:

Training, classes, and professional development Tuition reimbursement Federal Public Service Loan Forgiveness Program (Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, visit the Federal Student Aid website at studentaid.gov)

Employee Assistance Program (EAP) for work/life support:

A voluntary confidential program that helps employees and their families with life challenges that may impact overall health, personal well-being, or job performance Common sources of stress can be addressed through the EAP: mental health, relationship challenges (personal and work), grief and loss, finances, and legal issues Daily Living/Convenience Services: Chore services, home repair, trip planning, child/elder care

Programs, resources and benefits eligibility varies based on type of employment, agency, funding availability, union/collective bargaining agreement, location, and length of service with the State of Minnesota.

EQUAL OPPORTUNITY EMPLOYERS

Minnesota state agencies are equal opportunity, affirmative action, and veteran-friendly employers. State agencies are committed to creating a workforce that reflects the diversity of the state and strongly encourages persons of color and Indigenous communities, members of the LGBTQIA2S+ community, individuals with disabilities, women, and veterans to apply. The varied experiences and perspectives of employees strengthen the work we do together and our ability to best serve Minnesotans.

All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, sex (including pregnancy, childbirth, and disabilities related to pregnancy or childbirth), gender identity, gender expression, marital status, familial status, age, sexual orientation, status regarding public assistance, disability, veteran status or activity in a local Human Rights Commission or any other characteristic protected by law.

Applicants With Disabilities

Minnesota state agencies make reasonable accommodations to their employees and applicants with disabilities. If you have a disability and need assistance in searching or applying for jobs with the State of Minnesota, call the Careers Help Desk at 651-259-3637 or email careers@state.mn.us and let us know the support you need. #J-18808-Ljbffr