Financial Operations Supervisor

Minnesota Department of Employment and Economic Development; Saint Paul (MN); On-site; USD 78,000 - 114,000; Full time

Job summary

The Minnesota Department of Employment and Economic Development is looking for a dedicated Financial Operations Supervisor to oversee financial operations for the new Paid Leave program. This role involves leading a team focused on ensuring financial compliance and integrity, supervising fund management processes, and preparing financial reports. If you have a strong background in government finance and a commitment to service, we encourage you to apply.

Benefits

Affordable healthcare plans

Paid leave and holidays

Pension plan

EAP for work/life support

Qualifications

• Four years of experience in finance, including one year in a lead role.
• Experience in governmental accounting and fund management.
• Strong supervisory background in financial operations.

Responsibilities

• Oversee financial operations for the Paid Leave program as Cash Manager.
• Lead financial planning, reporting, and oversight of the Trust Fund.
• Manage daily and monthly cash reconciliation and collections.

Skills

Government Accounting Principles

Fund Management

Financial Reporting

Education

Bachelor's Degree in Finance or Accounting

Job description

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Minnesota Department of Employment and Economic Development provided pay range

This range is provided by Minnesota Department of Employment and Economic Development. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$78,508.00/yr - $113,086.00/yr

About the Paid Leave Division:

Paid Leave is a new program launching in 2026. The program will provide partial wage replacement to Minnesota workers who are out of work due to a qualifying condition, such as a severe health condition that prevents them from working, or when they need time to care for a family member or a new child. We are building a program that will be easy for every Minnesotan to use. We are engaging the people who depend on us—workers, employers, caregivers, and insurers—to learn from them and build the program around their needs. We are using modern service delivery and product practices to deliver the program. The Paid Leave team has high standards and an unrelenting commitment to serving Minnesotans. It is a start-up environment without legacy systems or preconceived ways of working, so we have a unique opportunity to create human-centric processes and systems to deliver this new benefit to Minnesotans.

Position Purpose:

This position is responsible for overseeing financial operations for Minnesota’s Paid Leave program, serving as the program’s Cash Manager. The incumbent will lead a team working on the financial planning, reporting and oversight of the Paid Leave Trust Fund, ensuring transparency, integrity, and compliance with state and federal fiscal requirements. This includes managing fund accounting, daily and monthly cash reconciliation, collections for benefit and employer contributions and encumbrances for small employer grants. This role will be responsible for completing the annual Paid Leave financial statements for inclusion in the Annual Comprehensive Financial Report (ACFR) in compliance with GASB standards and GAAP in a timely manner to DEED’s Administrative and Financial Services (AFS) and Minnesota Management and Budget (MMB).

Key Responsibilities Include:

• Oversees the receipt and reconciliation of employer premium collections and exemption application fees, ensuring accurate and timely recording in accounting systems.
• Supervise overpayment recovery processes, including coordination with AP and collection of funds.
• Collaborate closely with the Payments Supervisor (AP) to ensure integrated financial oversight, reconciliation accuracy, and consistent application of internal controls across all payment and receivable streams.
• Coordinate and prepare annual financial reporting in coordination with AFS and MMB, consolidating data across AP and AR functions.
• Manage seasonal employer designation workflows and ensure correct status for contribution requirements.
• Lead reconciliation of incoming payments, fee collections, and employer underpayments, ensuring accuracy and accountability.
• Support reporting, audit preparation, and internal control improvements related to accounts receivable functions.
• Supervise and develop staff responsible for AR analysis, collections, and employer services.

This position will be based out of the St. Paul office.

This position is telework eligible. Staff are provided with the tools and equipment to be successful in a virtual work environment. Please note, the telework policy could change with notice based on business needs.

Minimum Qualifications

Please ensure that your resume clearly describes your experience in the areas listed and indicates 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.

Four (4) years of experience performing accounting, fund management or financial analysis including at least one (1) year of experience in a lead or supervisory role.

Applicants that meet the above minimum qualification will be further evaluated on the following:

• Experience in governmental accounting principles.
• Experience performing or overseeing fund reconciliations, financial reporting or cash forecasting.
• Experience interpreting and applying financial policies or statutory funding requirements.
• Experience supervising financial or accounting staff.

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
• 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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Management, Finance, and Accounting/Auditing

• Industries

  Government Administration

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Inferred from the description for this job

Medical insurance

Vision insurance

Pension plan

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