MNsure CFO MNsure Financial & Admin Officer

$116,043 - $166,088/Yr

State of Minnesota - Saint Paul, MN

Full-time - Senior

Saint Paul, MN

Executive, Legislative, and Other General Government Support

About the position

The Chief Financial Officer (CFO) for MNsure plays a pivotal role in overseeing the financial operations of the organization. This position is responsible for directing all aspects of budget development and administration, including the generation of premium withhold revenue forecasts and the allocation of expenditures. The CFO will lead the financial team in managing fiscal impacts, ensuring cost-effectiveness, and conducting policy and financial analyses related to MNsure's operations and obligations. This role requires a strategic mindset and the ability to provide expert fiscal advice and guidance to the Chief Executive Officer and the MNsure board, ensuring that financial policies and practices align with the organization's goals and objectives. In addition to budget management, the CFO will work closely with the MNsure board and Finance Work Group to develop preliminary and final budgets, as well as supporting revenue forecasts. Collaboration with colleagues from other state agencies is essential for addressing statewide planning budget issues. The CFO will also coordinate the accounting of new costs or revenues resulting from legislative proposals, task forces, or advisory groups, ensuring that all financial activities are accurately reflected in MNsure's budget. Leadership is a key component of this role, as the CFO will provide expertise and data analytics to support MNsure's executive and management teams in monitoring fiscal interests. The position also involves managing the finance department and overseeing purchased services from other state agencies, ensuring that all financial operations are conducted efficiently and effectively.

Responsibilities

• Providing expert fiscal advice, guidance, and strategies to the Chief Executive Office and the MNsure board.
• Developing and managing MNsure's budget, financial policies, revenue forecast, cash management strategies, and financial reporting.
• Working with the MNsure board and Finance Work Group to develop MNsure's preliminary and final budgets and supporting PWH revenue forecasts.
• Working closely with colleagues within other state agencies on statewide planning budget issues.
• Coordinating the accounting of new costs or revenues to MNsure's budget resulting from legislative proposals, task forces, or advisory groups.
• Providing leadership, expertise, and data analytics to MNsure's executive and management teams to support and monitor MNsure's fiscal interests.
• Managing MNsure's finance department and purchased services from other state agencies.

Requirements

• Five (5) years of leadership experience in finance, accounting, state budgeting or a closely related field demonstrating strong management and interpersonal skills.
• Experience demonstrating creative budgeting, problem-solving, strategic planning skills with a record of success.
• Success working in a fast-paced environment and managing multiple and complex priorities.
• Familiarity working with diverse groups of individuals with the ability to manage the dynamic and differing needs of multiple stakeholders.
• Proven strong public speaking and writing skills with the ability to convey complex information and facilitate consensus.
• Experience with or knowledge of financial and management information systems sufficient to manage and lead an organization deriving revenues from both state appropriations and business enterprises.
• Demonstrated experience utilizing financial and analytical skills and strong business acumen.

Nice-to-haves

• Advanced degree in Business, Public Administration, Public Policy, or a closely related field OR a bachelor's degree in finance, accounting, business, or a closely related field along with a current CPA, CMA, or CFA certification.
• Experience with state legislative and budget processes as well as federal grant and cost allocation processes.
• Familiarity with the Minnesota health insurance market, including healthcare financing.
• A track record that demonstrates organizational leadership and ability to foster a good working environment, including an active commitment to Diversity, Equity and Inclusion.
• Proficiency with fostering collaboration and building strong relationships.

Benefits

• Telework options available for eligible candidates.
• Comprehensive benefits package including health insurance, retirement plans, and paid time off.