Financial Reporting Analyst

About the role

This position is based in the Administrative & Fiscal Services (AFS) division and contributes to building a positive internal culture at DEED. The incumbent will perform high-level financial management and accounting work for an agency of approximately 1,700 employees across 50 locations throughout Minnesota.

Responsibilities

• Lead the single audit and submission of the agency’s Schedule of Expenditures of Federal Awards (SEFA) and Annual Comprehensive Financial Report (ACFR) processes.
• Develop insightful reporting for all divisions and units related to SEFA and ACFR deliverables.
• Serve as the agency expert in financial reporting to ensure accurate current, historical, and projection information is available to agency management.
• Design and maintain financial operations to ensure appropriate budget systems, policies, and procedures support established goals while complying with industry guidelines (GAAP, GASB), legislative intent, and good business practices.
• Administer extensive accounting and technically complex systems, including Statewide Integrated Financial Tools (SWIFT), Statewide Employee Management (SEMA4), fiscal Internal Audit (IA), and Oracle Business Intelligence Enterprise Edition (OBIEE) warehouses.
• Collaborate with the Budget Director to develop procedures and policies for state and federal financial reporting in compliance with best practices and legal standards.
• Provide backup services to the Financial Planning and Analysis business unit, requiring extensive accounting and technical system knowledge of complex systems.
• Lead periodic review, evaluation, and assessment of reporting activities.
• Adjust and respond to situations as they occur with minimal direction.

Requirements

One (1) year of experience in accounting, financial reporting, or government accounting. A bachelor’s degree in accounting, financial management, grant management, business, or a closely related field may substitute for one year of experience; a master’s degree may substitute for eighteen (18) months of experience.

Qualifications

• Experience creating and interpreting the Annual Comprehensive Financial Report (ACFR) and Schedule of Expenditures of Federal Awards (SEFA) for the single audit report.
• Experience creating and interpreting complex fiscal records and reports, recognizing reporting problems, and understanding their effects as they relate to federal laws, state statutes, and department policies.
• Experience creating financial statements and reports while applying Generally Accepted Accounting Practices (GAAP).
• Strong communication skills to establish and maintain effective working relationships at all levels of the agency and provide excellent customer service.
• Ability to lead periodic review, evaluation, and assessment of reporting activities.
• Ability to adjust and respond to situations with minimal direction.

Benefits

• 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 providing income after three years of service.
• Employer-paid life insurance.
• Short-term and long-term disability insurance.
• Tax-free expense accounts for health, dental, and dependent care.
• Resources supporting physical, emotional, social, and financial well-being.
• Training, classes, and professional development opportunities.
• Federal Public Service Loan Forgiveness Program eligibility (for qualifying positions).
• Employee Assistance Program (EAP) for work/life support, including mental health, relationship challenges, grief and loss, finances, and legal issues.
• Daily living/convenience services, such as chore services, home repair, trip planning, and child/elder care.

Programs, resources, and benefits eligibility varies based on employment type, agency, funding availability, union/collective bargaining agreement, location, and length of service with the State of Minnesota.

Schedule

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