Company: Minnesota Housing
Job description:
Make a difference in the lives of Minnesotans.
The work you’ll do is more than just a job. Join the talented, engaged and inclusive workforce dedicated to creating a better Minnesota.
Minnesota Housing is hiring! We’re a mission-focused financial institution looking for a financial analyst that will assist with the preparation of municipal bond debt related schedules for use in completing monthly financial statements, disclosure reports, and other financial reports. This position will be an integral member of the team that tracks maturities, swaps, prepayments and housing infrastructure bonds.
Essential Job Duties
- Recording and reconciling bond calls and new issues.
- Variable rate debt financial transactions entered into the debt system.
- Preparation of Admin. and Trustee fees and arbitrage report fees.
- Prepare schedules for year-end audit.
- Creation of bond maturity schedules and debt schedules.
- Tracking of Housing Infrastructure Bonds.
- Calculations of prepayment speed annually and universal cap.
- Other duties as assigned including year-end reports and audit schedules.
Minimum Qualifications
To be qualified for and considered for this position, applicants must meet all of the minimum qualifications listed below. Ensure that your resume contains descriptions of your work experiences sufficient for comparison against the requirements stated below and indicate the beginning and ending month and year for each job held.
Only applicants whose resumes clearly demonstrate fulfillment of each of these minimum qualifications will be considered for this position.
- Two (2) years of accounting or finance experience in municipal bond debt management. A bachelor’s degree in Accounting, Business or Finance may substitute for 12 months of experience.
- Experience with variable rate debt financial transactions entered into the debt system.
- Experience analyzing financial statements; including classified financial statement presentation of debt.
- Microsoft Excel (or similar) proficiency in two of more of the following functions: vLookup, filtering or pivot tables.
- Demonstrated communication skills, including ability to comprehend and communicate complex information in plain language.
- Demonstrated ability to use analysis, problem-solving, and decision-making to identify issues and problems, using the same skills to resolve the issues quickly and effectively.
- Cultural competency as demonstrated by skills for communication and interaction across cultures and awareness of one’s own world view and that different world views exist.
Preferred Qualifications
- Three (3) years in the development and transactional responsibility with SWAP workbooks, disclosure reporting including keeping all schedules updated, managing maturity and municipal bond debt schedules, annual calculations of prepayment speeds.
- One (1) year experience with SWAP financial transactions Five (5) years’ experience with financial statements analysis including reconciliations.
- Five (5) years’ experience recording municipal bond debt including reconciliation and research of entries.
- Our employees are dedicated to ensuring cultural responsiveness. Preferred candidates will have a variety of experiences working effectively with others from different backgrounds and cultures.
Additional Requirements
This position requires successful completion of the following:
- Reference Checks.
- Job related background checks.
- Conflict of Interest Disclosure.
Physical Requirements
Requires moving office items such as file folders and small office tools.
How to Apply
External candidates should us the link where it says “apply.”
Internal candidates: Go to Employee Self Service > Careers and search for Job ID 76412
For additional information about the application process, go to http://www.mn.gov/careers.
Contact
If you have questions about applying for jobs or are having technical issues with the application system, contact the job information line at 651-259-3637 or email careers@state.mn.us.
If you have questions about the position, contact us at: Minnesota.Housing.Human.Resources@state.mn.us.
About Housing Finance Agency
At Minnesota Housing, we know that affordable housing is an essential part of Minnesota’s infrastructure. When you work here, you’re helping to build stronger communities. We have a national reputation as one of the finest housing finance agencies in the country.
Why Work for Us
Diverse Workforce
We are committed to continually developing a workforce that reflects the diversity of our state and the populations we serve. The varied experiences and perspectives of employees strengthen the work we do together and our ability to best serve the people of Minnesota.
A recent engagement survey of Minnesota Housing employees found:
- 98% of employees understand how their work helps achieve their agency’s mission
- 97% of employees feel trusted to do their jobs
- 96% of employees feel equipped to look at situations from other cultural perspectives when doing their job
- 93% of employees report flexibility in their work schedule
Comprehensive Benefits
Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. As an employee, your benefits may include:
- Public pension plan
- Training and professional development
- Paid vacation and sick leave
- 11 paid holidays each year
- Paid parental leave
- Low-cost medical and dental coverage
- Prescription drug coverage
- Vision coverage
- Wellness programs and resources
- Employer paid life insurance
- Short-term and long-term disability
- Health care spending and savings accounts
- Dependent care spending account
- Tax-deferred compensation
- Employee Assistance Program (EAP)
- Tuition reimbursement
- Federal Public Service Student Loan Forgiveness Program
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.
AN EQUAL OPPORTUNITY EMPLOYER
Minnesota state agencies are equal opportunity, affirmative action, and veteran-friendly employers. The State of Minnesota recognizes that a diverse workforce is essential and strongly encourages qualified women, minorities, individuals with disabilities, and veterans to apply.
We will make reasonable accommodations 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 careers@state.mn.us and indicate what assistance is needed.
Job type: Full Time
Fully remote: Hybrid
Salary range: $27.58 – $40.49/hourly $57,587 – $84,543/annually
Location: St. Paul Minnesota
