What are the responsibilities and job description for the Financial Mgt Director position at Minnesota Lottery?
Working Title: Chief Financial Officer
Job Class: Financial Mgt Director
Agency: Minnesota Lottery
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.
The Minnesota State Lottery is seeking a strategic, experienced, and forward-thinking Chief Financial Officer (CFO) to lead all financial operations of the agency. This executive-level position serves as the Lottery’s chief financial strategist, responsible for directing budget development and administration, ensuring compliance with state and federal financial standards, developing fiscal policy, and overseeing financial reporting and analysis to ensure the long-term financial integrity of the Lottery.
The CFO provides high-level financial leadership, consultation, and decision support to the Executive Director and senior management team. This role directs the Accounting Division, manages statewide Lottery financial systems, and oversees all payments, receipts, accounting functions, and financial controls.
Responsibilities Include:
To facilitate proper crediting, please ensure that your resume clearly describes your experience in the areas listed below and indicate the beginning and ending month and year for each job.
Minimum of ten (10) years' experience in progressively greater financial leadership roles
This position requires successful completion of the following:
The Minnesota Lottery will conduct a criminal background check and fingerprint check at the time of job offer for all prospective new employees. The Minnesota Lottery cannot hire any person who's been convicted of a felony or a crime involving fraud or misrepresentation within five years of employment or who's ever been convicted of a gambling-related offense.
In addition, the Minnesota State Lottery will perform the following background checks:
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 careers@state.mn.us. For additional information about the application process, go to http://www.mn.gov/careers.
To be considered for any Veteran’s Status, you must indicate this on your application and follow the instructions below:
RECENTLY SEPARATED VETERANS (RSV): Effective July 1, 2009, legislation provides that the top five RSV applicants who apply and meet the qualifications for a vacancy shall be granted an interview. To qualify, you must meet the following: 1) have separated under honorable conditions from any branch of the armed forces of the United States; 2) have served on active duty for 181 consecutive days or more or for the full period ordered to active duty or have separated by reason of disability incurred while serving on active duty; 3) be a United States citizen or resident alien; and 4) have served in active military service at any time on or after September 11, 2001, as shown on your DD-214 form. To be considered under this legislation, you must: 1) meet all Minimum Qualifications identified in this posting; 2) meet all the above RSV criteria; and 3) submit a copy of your DD-214 form by the closing date to: HRDept@mnlottery.com. Failure to submit your DD-214 form will affect your consideration for an interview under this legislation.
CERTAIN DISABLED VETERANS: Effective August 1, 2012, legislation provides state agencies with the option to appoint certain disabled veterans on a noncompetitive basis if you: 1) meet service requirements and have a verified service-connected disability rating of at least 30%; 2) provide qualifying documentation verifying the disability; and 3) meet all Minimum Qualifications identified in this posting. To be considered under this legislation you must submit all documentation before the closing date to:
HRDept@mnlottery.com.
Contact
If you have questions about the position, contact Human Resources at HRDept@mnlottery.com.
If you are an individual with a disability and need an ADA accommodation for an interview, you may contact the Minnesota State Lottery's ADA Coordinator at 651-635-8114 or HRDept@mnlottery.com for assistance.
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 Human Resources at HRDept@mnlottery.com.
About The Minnesota Lottery
Playing Our Part: Since 1990, the lottery has generated more than $4 billion for programs that positively impact the lives of Minnesotans. More than $1.7 billion has helped preserve, restore and protect Minnesota’s environment through the Environment and Natural Resources Trust Fund, Game and Fish Fund and the Natural Resources Fund. Another $2.3 billion has helped fund state programs, including education, public safety and health and human services. Lottery dollars also support programs to help prevent and treat problem gambling. Visit www.mnlottery.com for more information.
Working together to improve the state we love.
What do Minnesota's State employees have in common?
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:
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 careers@state.mn.us and let us know the support you need.
Job Class: Financial Mgt Director
Agency: Minnesota Lottery
- Job ID: 90528
- Location: Roseville
- Telework Eligible: Yes (Max of three days/week)
- Full/Part Time: Full-Time
- Regular/Temporary: Unlimited
- Who May Apply: Open to all qualified job seekers
- Date Posted: 12/03/2025
- Closing Date: 12/23/2025
- Hiring Agency/Seniority Unit: Minnesota Lottery / Lottery-Managerial
- Division/Unit: Finance/Accounting
- Work Shift: Day Shift
- Work Hours: 8:00 a.m. - 4:30 p.m.
- Days of Work: Monday - Friday
- Travel Required: Yes
- Salary Range: $46.68 - $67.01 / hourly; $97,468 - $139,917 / annually
- Classified Status: Classified
- Bargaining Unit/Union: 220 - Managerial
- FLSA Status: Exempt - Executive
- Designated in Connect 700 Program for Applicants with Disabilities: Yes
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.
The Minnesota State Lottery is seeking a strategic, experienced, and forward-thinking Chief Financial Officer (CFO) to lead all financial operations of the agency. This executive-level position serves as the Lottery’s chief financial strategist, responsible for directing budget development and administration, ensuring compliance with state and federal financial standards, developing fiscal policy, and overseeing financial reporting and analysis to ensure the long-term financial integrity of the Lottery.
The CFO provides high-level financial leadership, consultation, and decision support to the Executive Director and senior management team. This role directs the Accounting Division, manages statewide Lottery financial systems, and oversees all payments, receipts, accounting functions, and financial controls.
Responsibilities Include:
- Serve as the Lottery’s principal financial analyst and consultant, providing expert technical advice, guidance, and strategic financial insight to senior staff.
- Conduct complex fiscal analyses, evaluate financial impacts, and ensure sound financial management practices across the Lottery.
- Provide managerial leadership to ensure financial expertise and decision support for the Executive Director and Lottery leadership.
- Lead the accounting division, ensuring its operations meet objectives efficiently, effectively, and in alignment with organizational goals.
- Direct the development, implementation, and management of the Lottery’s accounting and financial reporting systems.
- Oversee statewide financial management services, ensuring compliance with state requirements and internal policies.
- Manage the Lottery’s budget development, financial planning, forecasting, and fiscal policy administration.
- Oversee all payment and receipt functions for the Minnesota State Lottery.
- Ensure accurate accounting of inventory, fixed assets, and financial transactions in accordance with governmental accounting standards and state regulations.
To facilitate proper crediting, please ensure that your resume clearly describes your experience in the areas listed below and indicate the beginning and ending month and year for each job.
Minimum of ten (10) years' experience in progressively greater financial leadership roles
- Note: *Bachelor’s degree in business/accounting/finance, or related field may substitute for one (1) year of experience; Master’s degree substitutes for eighteen (18) months of experience; PhD substitutes for twenty-four (24) months of experience.
- Extensive knowledge of Generally Accepted Accounting Principles (GAAP), governmental accounting, and auditing practices.
- Experience managing complex governmental or public-sector financial operations, including budgeting, forecasting, financial reporting, and cash management.
- Knowledge of inventory and fixed asset management controls.
- Knowledge of modern public-sector management practices, state accounting requirements, and appropriation structures.
- Experience preparing, interpreting, and presenting complex financial analyses and reports.
- Demonstrated ability to lead and manage a financial or accounting division or function.
- Strong communication skills, including the ability to write clearly, present information effectively, and advise executive leadership.
- Experience in a government or quasi-governmental organization, especially with enterprise or revenue-generating operations.
- Knowledge of the Minnesota State Lottery’s financial structure, statutory requirements, and accounting systems.
- Experience developing and implementing financial policies and procedures.
- Experience with statewide financial management systems and state accounting processes.
- Advanced skills in financial forecasting, policy analysis, and strategic planning.
- Professional certifications such as CPA, CGFM, or CMA.
This position requires successful completion of the following:
The Minnesota Lottery will conduct a criminal background check and fingerprint check at the time of job offer for all prospective new employees. The Minnesota Lottery cannot hire any person who's been convicted of a felony or a crime involving fraud or misrepresentation within five years of employment or who's ever been convicted of a gambling-related offense.
In addition, the Minnesota State Lottery will perform the following background checks:
- Employment Reference Checks (includes review of personnel file for current and former State of Minnesota employees)
- SEMA4 Records Check (for current and former State of Minnesota employees)
- Driver's License Records Verification
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 careers@state.mn.us. For additional information about the application process, go to http://www.mn.gov/careers.
To be considered for any Veteran’s Status, you must indicate this on your application and follow the instructions below:
RECENTLY SEPARATED VETERANS (RSV): Effective July 1, 2009, legislation provides that the top five RSV applicants who apply and meet the qualifications for a vacancy shall be granted an interview. To qualify, you must meet the following: 1) have separated under honorable conditions from any branch of the armed forces of the United States; 2) have served on active duty for 181 consecutive days or more or for the full period ordered to active duty or have separated by reason of disability incurred while serving on active duty; 3) be a United States citizen or resident alien; and 4) have served in active military service at any time on or after September 11, 2001, as shown on your DD-214 form. To be considered under this legislation, you must: 1) meet all Minimum Qualifications identified in this posting; 2) meet all the above RSV criteria; and 3) submit a copy of your DD-214 form by the closing date to: HRDept@mnlottery.com. Failure to submit your DD-214 form will affect your consideration for an interview under this legislation.
CERTAIN DISABLED VETERANS: Effective August 1, 2012, legislation provides state agencies with the option to appoint certain disabled veterans on a noncompetitive basis if you: 1) meet service requirements and have a verified service-connected disability rating of at least 30%; 2) provide qualifying documentation verifying the disability; and 3) meet all Minimum Qualifications identified in this posting. To be considered under this legislation you must submit all documentation before the closing date to:
HRDept@mnlottery.com.
Contact
If you have questions about the position, contact Human Resources at HRDept@mnlottery.com.
If you are an individual with a disability and need an ADA accommodation for an interview, you may contact the Minnesota State Lottery's ADA Coordinator at 651-635-8114 or HRDept@mnlottery.com for assistance.
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 Human Resources at HRDept@mnlottery.com.
About The Minnesota Lottery
Playing Our Part: Since 1990, the lottery has generated more than $4 billion for programs that positively impact the lives of Minnesotans. More than $1.7 billion has helped preserve, restore and protect Minnesota’s environment through the Environment and Natural Resources Trust Fund, Game and Fish Fund and the Natural Resources Fund. Another $2.3 billion has helped fund state programs, including education, public safety and health and human services. Lottery dollars also support programs to help prevent and treat problem gambling. Visit www.mnlottery.com for more information.
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
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
- 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)
- 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
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 careers@state.mn.us and let us know the support you need.
Salary : $97,468 - $139,917