Chief Financial Officer

Minnesota Climate Innovation Finance Authority

85 Seventh Place East, Suite 210 , St. Paul, MN 55101

Job Description

MnCIFA is hiring! MnCIFA is a mission-driven clean energy financing authority focused on impact investing with the paramount goal to provide green financing for the State of Minnesota. We are a new State Agency with the vibe of an entrepreneurial start-up.

We offer a hybrid work environment with three (3) days per week in office and two (2) days of telework. Telework can be outside of the state of Minnesota if the candidate lives in a state bordering Minnesota and lives 50 miles or less from the primary work location. Primary work location will be the Golden Rule Building in downtown St. Paul.

As CFO, you will oversee MnCIFA’s financial operations including audits, projections, and budgeting. Because MnCIFA is a newly established state agency, this position will be establishing new systems and defining success. The fact that MnCIFA is a financing authority means the Chief Financial Officer's work is especially critical to ensuring it fulfills its purpose.

Responsibilities

• Serve as a member of the executive team and support the executive director by engaging in enterprise decision-making processes to support the overall mission, as well as by providing critical financial information to support and inform fiscal and human resource management decisions and risk management strategies.
• Develop, implement, and oversee internal controls and financial systems.
• Oversee all aspects of the annual audit process, budgeting and cash flow, and tax filings.
• Work with the philanthropic community, the Legislature, public and private funders, and others to increase MnCIFA’s capitalization, thus increasing the financial capital stack available for MnCIFA to deploy.
• Develop a risk management framework.
• Supervise staff.

Qualifications

Minimum Qualifications:

• Four (4) years of strategic, high-level management and leadership experience that includes:
• Experience in finance and accounting, risk management, compliance, cash management, and auditing.
• Demonstrated supervisory or leadership experience, organizational and interpersonal skills to direct, develop and engage staff. Leadership experience can include experience as a supervisor, lead worker, team lead, project lead, or completion of a State of Minnesota leadership program (e.g. ELI or SLI) or comparable leadership program.

Applicants who meet the above education/experience requirements will be further evaluated based on the following:

• Experience with budgeting, contracting and grants management, and relevant legislative processes.
• Experience in data analysis, financial planning, and forecasting sufficient to project budget issues before they arise.
• Finance experience in State, Tribal, Federal, or local government, or relevant private sector setting.
• Written skills including drafting policies and procedures.
• Interpersonal and communication skills to establish working relationships with diverse clientele.

Preferred Qualifications:

• Knowledge of procedures and operations of state government sufficient to understand and administer applicable laws, regulations, and state policies.
• Familiarity or experience with clean energy project finance and other financing-related structuring and documentation.
• Experience or demonstrated interest in environmental sustainability, environmental justice, climate action, and/or economic development.

About Us

Minnesota Climate Innovation Finance Authority (MnCIFA) supports our state's clean energy economy by expanding financing options for clean energy projects. The purpose of MnCIFA is to accelerate deployment of clean energy projects through innovative green financing.

We make strategic use of public funds through innovative financing mechanisms in order to leverage existing public and private sources of capital. Our flexible financing serves to reduce upfront and total costs of clean energy projects, especially in low-income communities, ensuring that all Minnesotans share the benefits of clean and renewable energy.