Accountant / Public Utilities Financial Analyst 1

State of Minnesota; Saint Paul (MN); On-site; USD 54,000 - 80,000; Full time

Job summary

The State of Minnesota is hiring an Accountant / Public Utilities Financial Analyst 1 to support financial activities linked to rental housing development. This essential role entails managing cash receipts, processing transactions, and ensuring compliance with accounting principles. Applicants should possess relevant work experience and strong skills in Excel, communication, and organization.

Benefits

Paid vacation and sick leave

Low-cost medical, dental, vision, and prescription drug plans

Pension plan that provides income when retiring

Employee Assistance Program for work/life support

Qualifications

• Two years of professional experience in Accounting working with account reconciliations or accounts receivable.
• Intermediate experience in Microsoft Excel including vLookup and pivot tables.
• Demonstrated ability to use analysis and problem-solving.

Responsibilities

• Process daily EFTs and check deposits.
• Prepare semi-annual Rental Housing financial disclosure schedules.
• Provide backup support for accounts payables as needed.

Skills

Microsoft Excel

Accounting principles

Problem-solving

Communication

Organizational skills

Cultural competency

Job description

Accountant / Public Utilities Financial Analyst 1

Join to apply for the Accountant / Public Utilities Financial Analyst 1 role at State of Minnesota

Accountant / Public Utilities Financial Analyst 1

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Join to apply for the Accountant / Public Utilities Financial Analyst 1 role at State of Minnesota

Working Title: Accountant

Job Class: Public Utilities Financial Analyst 1

• Job ID: 86791
• Location: St. Paul
• Telework Eligible: No, Candidate needs to be in the office Monday- Friday
• Full/Part Time: Full-Time
• Regular/Temporary: Unlimited
• Who May Apply: Open to all qualified job seekers
• Date Posted: 06/11/2025
• Closing Date: 06/25/2025
• Hiring Agency/Seniority Unit: MAPE
• Division/Unit: Accounting
• Work Shift/Work Hours: Day Shift
• Days of Work: Monday - Friday
• Travel Required: No
• Salary Range: $26.04 - $37.98 / hourly; $54,371 - $79,302 / annually
• Classified Status: Classified
• Bargaining Unit/Union: 214 - MN Assoc of Professional Empl/MAPE
• FLSA Status: Nonexempt
• Designated in Connect 700 Program for Applicants with Disabilities: Yes
  
  

Working Title: Accountant

Job Class: Public Utilities Financial Analyst 1

Agency: Housing Finance Agency

• Job ID: 86791
• Location: St. Paul
• Telework Eligible: No, Candidate needs to be in the office Monday- Friday
• Full/Part Time: Full-Time
• Regular/Temporary: Unlimited
• Who May Apply: Open to all qualified job seekers
• Date Posted: 06/11/2025
• Closing Date: 06/25/2025
• Hiring Agency/Seniority Unit: MAPE
• Division/Unit: Accounting
• Work Shift/Work Hours: Day Shift
• Days of Work: Monday - Friday
• Travel Required: No
• Salary Range: $26.04 - $37.98 / hourly; $54,371 - $79,302 / annually
• Classified Status: Classified
• Bargaining Unit/Union: 214 - MN Assoc of Professional Empl/MAPE
• FLSA Status: Nonexempt
• 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.

Minnesota Housing is hiring! We’re a mission-focused financial institution looking for an Accountant to support our rental housing development funding activities, including handling loan repayment checks and processing deposits for numerous first mortgage fees. The cash associated with these responsibilities’ funds ongoing Agency programs and this position ensures that our cash receipts are received, entered, and deposited accurately to each funding source. Additionally, this role ensures all checks are processed in a timely manner and manages and coordinates all ACH transactions at the state and trustee levels.

Essential Job Duties

• Run daily SinglePoint report from the US Bank Website and notify accounting staff when Electronic Fund Transfers (EFTs) are received.
• Process daily EFTs and check deposits.
• Process other receivables task including deposits of fees received (i.e., Multifamily first mortgage construction loan fees such as origination fees, application fees, construction oversight fees, etc., LIRC checks, and Mortgage Tax Credit fees).
• Enter mortgage payments for checks and EFTs into the Benedict Group, Inc (BGI) loan database system
• Process the following on a monthly, quarterly, or an annual basis:
• Invested Treasurer’s cash (ITC) entries in the Investment (IV) system in the Application Oriented Designs (AOD) Emphasys accounting software.
• Multifamily delinquency reports; research and document why the loans are delinquent and follow-up with Multifamily staff and management as needed.
• Letters of credit report (when required); track when they will expire and work with the Housing Management Officer (HMO) to renew the letters of credit.
• Miscellaneous duties and accounting reporting including:
• Prepare semi-annual Rental Housing financial disclosure schedules
• Complete annual/semi annual Moody's and Standard and Poor's rating agency reporting
• Prepare Statement of Cash Flows backup support spreadsheets for all bond funds and State and Federal Appropriated funds.
• Review new loans when they are entered into BGI
• Provide backup support for accounts payables as needed
• Provide backup support and work with the Financial Analyst Lead on various projects that arises or as needed
• Other duties as assigned.
  
  

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 professional experience in Accounting working with account reconciliations or accounts receivable.
• Intermediate experience in Microsoft Excel including using vLookup and pivot tables.
• 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.
• Demonstrated communication skills, including ability to comprehend and communicate complex information in plain language.
• Experience adhering to generally accepted accounting principles, procedures and practices.
• Strong organizational and planning skills in order to identify priorities and meet deadlines.
• 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

• 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.
• Experience processing checks and EFT receipts.
• Working knowledge of loan servicing systems.
• Experience with governmental financial accounting.
• Experience in loan origination at a financial institution.
  
  

Physical Requirements

Requires moving office items such as file folders and small office tools.

Additional Requirements

This position requires successful completion of the following:

• Reference Checks.
• Job related background checks.
• Conflict of Interest Disclosure.
  
  

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 [e-mail]. For additional information about the application process, go to http://www.mn.gov/careers.

Contact

If you have questions about this position, contact Minnesota Housing at: [e-mail]

To receive consideration as a Connect 700 Program applicant, apply online, email the Job ID 86791, the Working Title and your valid Proof of Eligibility Certificate by the closing date to Minnesota Housing: [e-mail]

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.

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
• Fertility care, including IVF
• Diabetes care
• Dental and orthodontic care for adults and children
• 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
• Student Loan Reimbursement (pilot program)
• Tuition Assistance Program
• 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 [e-mail] and let us know the support you need.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Government Administration

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