Financial Reporting Specialist - Finance Specialist 1

Minnesota Careers

$66K — $98K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum of two years' experience in a complex accounting system for data compilation and reporting.
  • Two years' experience in creating or auditing governmental financial statements.
  • Understanding of generally accepted accounting principles (GAAP).
  • Strong communication skills for conveying financial information and documentation.
  • Proven analytical and organizational skills for problem identification and solution proposal.
  • Interpersonal skills for maintaining relationships with agencies and auditors.
  • Commitment to diversity and fostering an inclusive work environment.

Responsibilities

  • Prepare financial statements for the State's Annual Comprehensive Financial Report (ACFR).
  • Coordinate inter-agency work for ACFR support.
  • Compile state and federal financial reports, such as SEFA.
  • Maintain ad hoc databases and reports for financial data validation.
  • Develop methodologies for efficient ACFR completion and analysis.
  • Advise agencies on applying generally accepted accounting principles (GAAP).
  • Assist in creating ad hoc reports for data analysis and financial management.

Benefits

  • Access to affordable health insurance plans including medical, dental, vision, and prescription coverage.
  • Paid vacation and sick leave with 12 annual paid holidays.
  • Paid parental leave of 6 weeks for new parents.
  • Pension plan for post-retirement income after three years of service.
  • Employer-paid life insurance and disability insurance options.
  • Tax-free expense accounts for health-related costs.
  • Support resources focusing on well-being and career advancement including training, tuition reimbursement, and EAP services.
Full Job Description
Job Details

Working Title : Financial Reporting Specialist
Job Class: Finance Specialist 1
Agency: Minnesota Management & Budget
  • Job ID: 95894
  • Location: St. Paul
  • Telework Eligible: Yes
  • Full/Part Time: Full-Time
  • Regular/Temporary: Unlimited
  • Who May Apply: Open to all qualified job seekers
  • Date Posted: 07/28/2026
  • Closing Date: 08/03/2026
  • Hiring Agency/Seniority Unit: Minnesota Management & Budget
  • Division/Unit: Accounting Services / Financial Reporting
  • Work Shift/Work Hours: Day Shift
  • Days of Work: Monday - Friday
  • Travel Required: No
  • Salary Range: $31.81 - $46.96 / hourly; $66,419 - $98,052 / annually
  • Classified Status: Classified
  • Bargaining Unit/Union: Managerial Plan
  • FLSA Status: Exempt
  • 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.

Job Summary

Minnesota Management and Budget (MMB) is seeking a Financial Reporting Specialist Financial Reporting Specialist to work in close collaboration with all members of the Financial Reporting team. This position compiles data for and assists in financial reporting requirements for the State.

Job duties for this position include:
  • Preparing financial statements to be included in the State's Annual Comprehensive Financial Report (ACFR).
  • Coordinating work performed by state agencies in support of the ACFR.
  • Preparing other state and federal financial reports, including the State's Schedule of Expenditures of Federal Awards (SEFA).
  • Maintaining and developing ad hoc databases and reports to support the gathering and testing of financial information.
  • Independently develop data layouts and methodologies to create process efficiencies for completing and reviewing the ACFR funds, notes, other required supplementary information, and other ledger data analysis.
  • Advising state agencies on the interpretation and application of generally accepted accounting principles (GAAP).
  • Assisting in the development of ad hoc reporting for data analysis and providing financial information to management and the financial community.

Telework options for this position are dependent on where the employee lives. With approval, employees that live within 50 miles from the primary work location may telework up to 50%. Employees that live 50 miles or more from the primary location and live in Minnesotamay telework more than 50% with approval.

Qualifications

Minimum Qualifications

To facilitate proper years of service crediting, 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. Candidates must clearly demonstrate all the following qualifications on their resume. Resume tips are available here .

Experience must include:
  • At least two (2) years of experience using or querying a complex accounting system, including compiling data and running reports.
  • At least two (2) years of experience creating or auditing governmental financial statements.
  • Knowledge of generally accepted accounting principles (GAAP).
  • Demonstrated communication skills to clearly prepare and convey financial information, document policies and procedures, and build effective working relationships in a professional, timely, and organized manner.
  • Analytical and organizational skills sufficient to identify issues and propose effective solutions.
  • Interpersonal skills sufficient to build and maintain professional, constructive working relationships with agency personnel, auditors, and colleagues to support timely coordination and accurate financial reporting.
  • Demonstrated respect for diversity and a deep commitment to fostering an inclusive and collaborative work environment.

A bachelor's degree in accounting or finance may substitute for one (1) year of experience. A master's degree in public accounting may substitute for 18 months of experience.

Preferred Qualifications

MMB values diverse perspectives and encourages all qualified candidates to apply, even if they do not meet 100% of the preferred qualifications. Your unique skills and background might be just what we need!
  • Certification as a Certified Public Accountant (CPA)
  • Experience with PeopleSoft and/or SWIFT
  • Experience with Microsoft Access database
  • Experience with nVision reporting

Additional Requirements

It is the policy of Minnesota Management and Budget that a successful candidate must pass all required checks prior to employment which may consist of the below checks:
  • SEMA4 records check (applies to current and past state employees only)
  • Criminal history check
  • Reference check
  • Social Security and address verification
  • Education verification
  • Conflict of interest review
  • Other legally or internal policy required checks

A criminal history does not automatically disqualify candidates, and each case will be reviewed individually on a case-by-case basis and in alignment with fair and equitable hiring practices.

Minnesota Management & Budget does not participate in E-Verify. Minnesota Management & Budget will not sponsor applicant work visas, including F-1 STEM OPT extensions. All applicants must be legally authorized to work in the United States.

Application Details

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

To receive consideration as a Connect 700 Program applicant, apply online, email the Job ID#, the Working Title, and your valid Proof of Eligibility Certificate by the closing date to Helen Kope at [email protected] or (651) 201-8199.

MMB may choose to non-competitively interview certain disabled veterans (CDVs). To receive consideration as a CDV under M.S. 43A.111 , you must:
  1. Meet service requirements and have a verified service-connected disability rating of at least 30%
  2. Provide qualifying documentation verifying the disability
  3. Meet all minimum qualifications identified in this posting
  4. Submit all documentation by the closing date to Helen Kope at [email protected]

Contact

If you have questions about this position, contact Helen Kope a t [email protected] or (651) 201-8199.

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
  • Tuition reimbursement
  • 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.

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