Debt Administrator

City of Saint Paul•Saint Paul, MN

19h•Onsite

About The Position

The City of Saint Paul's Office of Financial Services is seeking a Debt Administrator to perform advanced professional and administrative work in the development, evaluation, and coordination of public financing alternatives. This position oversees the City's bond issuance process, administers debt budget reporting procedures, prepares the City's General Obligation Debt Statement, and ensures compliance with applicable state laws and City Charter requirements.

Requirements

A Bachelor's Degree in Accounting, Finance, Business Administration, Economics, or a related field.
Four (4) years of experience in public or corporate finance with at least two (2) years of experience in managing debt programs.
No substitution for education.

Nice To Haves

CPA or CPFO designation or master’s degree in Accounting, Finance, Business or Public Administration, Public Policy, Economics, or a closely related field.
Previous government experience.

Responsibilities

Develop and maintain complex financial models for existing and proposed revenue streams, capital improvement projects, and long-term debt obligations.
Prepare debt amortization schedules, debt service projections, refunding analyses, and scenario modeling to support financing decisions and long-range financial planning.
Coordinate and manage the work of municipal advisors, underwriters, bond counsel, trustees, rating agencies, and other financing partners throughout the debt issuance process.
Assist in developing annual and multi-year debt issuance calendars, determining bond sizing and structure, evaluating financing alternatives, and ensuring compliance with continuing disclosure and arbitrage reporting requirements.
Collaborate with internal departments, external agencies, and community stakeholders to evaluate financing needs, develop funding strategies, and support delivery of major capital projects.
Manage financing-related terms, timelines, and project cash flow requirements while balancing operational, legal, and fiscal considerations.
Monitor and analyze citywide cash flow activity through review of cash statements, banking reports, and project expenditure trends.
Reconcile capital project budgets against budget-to-actual financial data, forecast liquidity needs, process debt service payments, and provide operational support for treasury, cash management, and banking functions.
Draft, coordinate, and present resolutions, ordinances, staff reports, and other legislative materials related to debt issuances, financing plans, and capital funding initiatives.
Route items through the city’s legislative approval process and present recommendations to neighborhood organizations, committees, commissions, and the City Council.
Maintain compliance with federal, state, and local debt regulations, bond covenants, and internal financial policies.
Coordinate post-issuance compliance activities including continuing disclosure filings, arbitrage rebate calculations, record retention, and monitoring of bond proceeds and eligible expenditures.
Prepare financial analyses, reports, and presentations for executive leadership, elected officials, auditors, and rating agencies.
Support the development of debt management policies, capital financing strategies, and annual budget documents by providing data-driven recommendations and analysis of market conditions and debt capacity.