Chief Finance Officer

Chief Finance Officer

Salary : $112,985.60 - $176,384.00 Annually

Location : Des Moines - 50315 - Polk County, IA

Job Type : Full-time

Agency : 270 - Iowa Finance Authority

Closing Date : 11 / 9 / 2025 11 : 59 PM Central

Job Description

Are you a visionary finance leader with expertise in bond issuance, public finance, and strategic planning? The Iowa Finance Authority (IFA) and Iowa Economic Development Authority (IEDA) are seeking a Chief Finance Officer to guide the fiscal stability of two mission-driven agencies dedicated to serving Iowans. Your leadership will ensure that IEDA|IFA remain financially sound and resilient-empowering us to continue delivering affordable housing, economic development, and community support programs that improve the lives of Iowans.

About Us

The Iowa Economic Development Authority (IEDA) and the Iowa Finance Authority (IFA) collaborate to make Iowa the choice for people to call home and for businesses to flourish. IEDA supports business and community growth through various state and federal programs, helping startups, rural communities, and disaster recovery efforts. IFA focuses on improving Iowans' lives by offering programs for affordable housing, community development, and water quality, and assisting first-time homebuyers. Collectively, through our programs and efforts, IEDA|IFA creates opportunities for Iowans, communities, and businesses to thrive.

What You'll Do

Executive Leadership : Serve as CFO for both IFA and IEDA, providing strategic direction and oversight of all financial operations. As a member of the Senior Executive Team, you'll collaborate with agency leaders to shape organizational strategy and ensure long-term financial sustainability.

Bond Issuance & Capital Strategy : Lead the structuring, pricing, and execution of bond issuances across single family, multifamily, State Revolving Fund (SRF), and other programs. Manage relationships with investment banks, financial advisors, bond counsel, and rating agencies.

Financial Planning & Risk Management : Oversee budgeting, forecasting, and investment strategies. Monitor market conditions and advise on interest rate determinations and hedging strategies for mortgage-backed securities.

Regulatory & Board Engagement : Ensure compliance with state and federal regulations. Serve as a key resource to the IFA and IEDA Boards, responding to inquiries and guiding financial decision-making.

Team Development : Lead and mentor finance and accounting teams across both agencies. Set goals, evaluate performance, and foster a culture of innovation, accountability, and excellence.

Who We Are Looking For

An experienced finance professional with expertise in public-sector finance, housing finance authorities, or bond issuance.

A strategic thinker with strong analytical and leadership skills.

A collaborative partner who thrives in cross-functional environments and values public service.

A confident communicator who can translate complex financial concepts into actionable insights.

Dedication to our Core Values :

Accountability in Action- We take pride in our work and results.

Innovate Together - We thrive on solving challenges through dynamic collaboration with our teams and partners.

Mission Driven - We place Iowans at the heart of everything we do.

If you are ready to help us build stronger communities through innovative finance solutions, please submit your application materials at jobs.iowa.gov by the position closing date.

New to the area or looking to relocate to Iowa? Visit www.ThisIsIowa.com to see how Iowa offers something for everyone- competitively low cost of living, bustling cities and neighborhoods, access to entertainment, opportunities for career growth and unrivaled access to outdoor adventures.

As an employee of the Iowa Finance Authority, you are a State of Iowa employee, and you are eligible to enjoy a comprehensive benefits package that includes :

Paid Time Off : Enjoy vacation with accruals that rollover on a yearly basis, sick leave with no limits on accrual and 9 paid holidays per year.

Great Benefits : Excellent Health, Dental, and Vision Insurance options.

Retirement Plan : IPERS Retirement package and an option for a deferred compensation plan.

Flexibility : Flexible Spending Accounts (medical and dependent care).

Life Insurance : Free Life Insurance.

Support : Employee Assistance Programs and Employee Discount Programs.

To learn more about benefits available to State of Iowa employees visit the benefits web page.

The Chief Finance Officer position is a non-merit, non-contract position that is classified by the State of Iowa as a Public Service Executive. This position is exempt per FLSA regulations.

Applicant must pass a comprehensive background check before an offer for employment will be extended.

The Iowa Finance Authority is an EEO / AA Employer.

Our agency uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov / E-Verify.

This is a non-merit position, candidates must follow the instructions in the "To Apply" section. Positions in this class are exempt from the screening and referral requirements of the Iowa Department of Administrative Services - Human Resources Enterprise.

Minimum Qualification Requirements

Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification :

1) Graduation from an accredited four-year college or university and experience equal to seven years of full-time management-level work in finance, human resources, engineering, law, social work, regulation, data processing, or program research or evaluation.

2) Eleven years of full-time management-level work experience in finance, human resources, engineering, law, social work, regulation, data processing, or program research or evaluation.

3) All of the following (a and b) :

a. Seven years of full-time management-level work experience in finance, human resources, engineering, law, social work, regulation, data processing, or program research or evaluation; and

b. A combination of a total of four years of education and full-time experience (as described in part a), where thirty semester hours of accredited college or university course work in any field equals one year of full-time experience. Graduation from the Iowa Certified Public Manager Program is also equivalent to one year of full-time experience or education.

4) All of the following (a, b, and c) :

a. Five years of full-time management-level work experience in finance, human resources, engineering, law, social work, regulation, data processing, or program research or evaluation; and

b. A combination of a total of four years of education and full-time experience (as described in part a), where thirty semester hours of accredited college or university course work in any field equals one year of full-time experience; and

c. A combination of a total of two years of graduate-level education and full-time experience (as described in part a), where twenty-four semester hours of accredited graduate college or university course work in a public-service-related area (e.g., public or business administration, social work, law, education, engineering) equals one year of full-time experience. Graduation from the Iowa Certified Public Manager Program is also equivalent to one year of full-time experience or education.

5) Current, continuous experience in the state executive branch that includes one year of full-time work as a Public Service Manager 1, Public Service Manager 2, or comparable specific management-level position.

For additional information, please click on this link to view the job description.

Why Choose the State of Iowa?

At the heart of our commitment to excellence is a dedication to our most valuable asset - our employees. Discover the outstanding benefits that set us apart as an employer of choice.

Our Robust Benefits Package Includes :

Competitive Compensation :

Enjoy a competitive salary that reflects directly on your skills and expertise.

Keep in mind, your wage is just one part of your total compensation. Unlock the complete value of your employment with the State of Iowa by using our user-friendly Total Compensation Calculator.

Health and Wellness :

Prioritize your well-being with our comprehensive health plans, including medical, dental, and vision coverage. Enjoy the peace of mind knowing that the State of Iowa covers 90% of the premiums, providing you and your loved ones