State of Minnesota
Working Title: Chief Financial Officer
Job Class: Chief Financial Officer
Agency: MN State Retirement System
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:
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.
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:
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 For additional information about the application process, go to If you have questions about this position, contact Aneda Sivongsay at 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
About MN State Retirement System
Working together to improve the state we love.
What do Minnesota's State employees have in common?
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:
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, wome
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
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.
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 bachelors 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 masters degree in a closely related field may substitute for eighteen (18) months.
- 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.
- 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.
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
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 For additional information about the application process, go to If you have questions about this position, contact Aneda Sivongsay at 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
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
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
- 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)
- 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
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, wome