State of Michigan
Dimondale, Michigan

Financial Analyst 9-P11/Trainee

Hybrid$51,834 - $84,261/yrPosted todayOther

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Job details

Location
Dimondale, Michigan
Work type
Hybrid
Compensation
$51,834 - $84,261/yr
Clearance
Other
Posted
today
Apply on
governmentjobs.com

About this role

About the Department


****This position offers a $2,500 signing bonus for eligible candidates****

The Michigan Department of Treasury seeks a detail-oriented and forward-thinking Financial Analyst to join our team. In this role, you will serve as the Section’s primary analytical resource, conducting financial research, reviewing and interpreting financial documents and bank statements, and preparing clear, accurate reports. You will make correcting entries as needed and draft professional correspondence related to financial and banking activities.

This position also prepares, reviews, and evaluates supplemental bank and financial schedules to determine their impact on operations. You will use various system applications to analyze bank and financial accounts and participate in research projects aimed at improving Office processes. Additional responsibilities include developing and writing procedures and documentation, as well as providing backup support for warrant reconciliation. 

Our culture is driven by excellent customer service, continuous improvement, diversity, inclusion, and employee development. If you value these characteristics and enjoy working in a fast-paced, collaborative environment that offers a great work-life balance, we encourage you to apply!

View the Financial Analyst/Trainee position description.
View the Financial Analyst job specification.

Note: The listed salary range reflects the minimum rate at the entry (9) level through the maximum rate at the experienced (P11) level. Qualifying years of experience are counted post–bachelor’s degree. Candidates will be reviewed to determine the appropriate level for placement. The final salary will be based on the selected candidate’s education and experience.

Treasury Careers – Learn more about why Treasury is a Great Place to Work!



PLEASE NOTE: New Hires for the Financial Analyst classification will receive a one-time signing bonus of $2,500. The bonus will be paid out as $1,250 gross pay adjustment on the employee's first pay warrant and the remaining $1,250 will be paid upon completion of one year (2,080 hours) of satisfactory service. If the employee leaves within one year of the appointment, they will be required to pay back the entire bonus.

Position Duties

Education for Financial Analyst 9-P11 

Possession of a bachelor's degree in any major with at least 12 semester (18 term) credits in one or a combination of the following: accounting, finance, or economics.

Experience for Financial Analyst 9-P11  
Note: A position is considered professional if the job requires a bachelor's degree. Qualifying ‘professional experience’ is only taken into consideration post-bachelor’s degree.

Financial Analyst 9
No specific type or amount is required.

Financial Analyst 10
One year of professional experience providing a systematic review, analysis, interpretation, and/or evaluation of budgets, mortgages, loans, or other financial data, equivalent to a Financial Analyst 9.

Financial Analyst P11

Two years of professional experience providing a systematic review, analysis, interpretation, and/or evaluation of budgets, mortgages, loans, or other financial data, equivalent to a Financial Analyst, including one year equivalent to a Financial Analyst 10.

Minimum Qualifications

Education and Experience for Financial Analyst (Departmental Trainee) 9 (FOR CLASSIFIED STATE OF MICHIGAN EMPLOYEES ONLY)

Educational level typically acquired through completion of high school and two years of experience as an Accounting Technician E9 and/or 10, Account Examiner E10 and/or 11, Account Examiner Supervisor 12, or Office Supervisor 9-10 (with the bookkeeping subclass code); or, one year of experience as an Account Examiner Supervisor 13, or Office Supervisor 11-12 (with the bookkeeping subclass code).

Educational Substitution

College credits may be substituted on a proportional basis (one year of college education may substitute for one quarter of the required experience) for up to one half of the required experience.

Other Qualifications

Please attach a cover letter, detailed resume, and a copy of your OFFICIAL college transcript(s) to your application. (Failure to do so may result in your application being screened out.) 

Official Transcripts. For our purposes, "official college transcripts" must contain the college/university name and address, the degree conferred, and date granted, coursework completed (especially if no degree granted), the Registrar's signature and/or seal, and MUST be recognized by the Council on Higher Education Accreditation (CHEA). A scanned or electronic copy is acceptable, provided it contains the elements listed above. Review more information regarding official transcriptsFailure to provide this evaluation at the time of application may result in you being screened out of the process.

Foreign Transcripts. Applicants who possess a degree from a foreign college or university MUST have their academic credentials evaluated or converted into U.S. educational equivalents unless the degree has been recognized the Council on Higher Education Accreditation (CHEA). Civil Service accepts evaluations of foreign credentials from National Association of Credential Evaluation Services (NACES) or the Association of International Credential Evaluators, Inc. (AICE). Failure to provide this evaluation at the time of application may result in you being screened out of the process.

All work must be performed in the state of Michigan. To perform the duties and responsibilities of this position, all work must be performed in Michigan. If you currently reside outside of Michigan, you must commute to Michigan to perform the responsibilities and duties of this position at your assigned official work location.

Hybrid Remote Work. To perform the duties and responsibilities of this position, all work must be performed in Michigan. If you are a State of Michigan resident, this position is eligible to work remotely three days per week (Monday, Thursday, and Friday) and is required to work on-site at the assigned official workstation two days per week (Tuesday and Wednesday). Additionally, the selected candidate must have a secure, safe and appropriate designated workspace that allows privacy and prevents distractions while performing the duties of this position, as well as secure and sufficient internet access of commercial cable or wireless broadband with minimum speeds of 25 Mbps download and 5 Mbps upload. Additional onsite work may be required. Remote work arrangements are subject to management approval and may be adjusted or discontinued at any time. Please note that remote work is not available if you reside outside of the State of Michigan.

E-Verify. The Michigan Department of Treasury participates in E-Verify and will provide the federal government with your form I-9 information to confirm that you are authorized to work in the U.S, 

Fingerprints. This position has access to Federal Tax Information (FTI) and requires passing of a fingerprint-based background check per IRS Publication 1075.AI. The use of artificial intelligence (AI) software is prohibited. If it is substantiated that AI was used in the process, your application may be removed from consideration.
 
Note:
Submitting an application for this position does not guarantee you will be contacted for further consideration. Only applicants selected for an interview will be notified of the results. All applicants may monitor the status of their application through their NEOGOV profile.


The Michigan Department of Treasury is proud to be recognized at the Gold Level as a Veteran-Friendly Employer.


Benefits

State employment also offers rewarding careers where you can help Michiganders enjoy better lives. Many State of Michigan jobs offer alternate work schedules and remote-work options that can help give the flexibility you need. The State of Michigan has been recognized as a leading U.S. employer by new graduates from 2021-2023 and a best large U.S. and state employer. Recognized on the international stage for fostering positive employee engagement, the State of Michigan is a past recipient of a North America Government Agency Employees Engagement Award.  
More details on benefits for our new hires are below: 

 Rewarding Work: State of Michigan jobs allow you to serve Michiganders in many different ways depending on your interests and skills. Help preserve and protect our environment and the public health; enforce state laws and regulations; advocate for children, families, and victims of discrimination; support our state’s military and veterans; rebuild our state’s infrastructure; or support other state agencies through our fiscal, IT, and HR systems. 
 
Insurance Benefits: The State of Michigan offers health, mental health, dental, and vision insurance to eligible career employees, their spouses, and their children. The state also covers a life-insurance benefit of two times employees’ annual salary (up to $200,000). The state also offers long-term-disability insurance that can provide continuing benefits if an injury or illness prevents employees from working. More information is available at www.mi.gov/employeebenefits
 
Retirement Programs: The State of Michigan offers 401(k) and 457 plans for new hires to save for retirement. The state will automatically contribute an amount equal to 4% of your pay to a 401(k) account. The state will also match up to 5% of your pay if you contribute to your 401(k) account. Your contributions vest immediately, and the state’s contributions fully vest after just 4 years. More information is available at http://www.mi.gov/orsstatedc. 
 
Vacation and Sick Leave: Eligible full-time employees receive between 15 and 35 personal days and 13 sick days per year that may be rolled over to the following year if not used. Eligible employees also receive an additional day each year for community service or school functions. 
 
Paid Parental Leave: Eligible employees can take 12 weeks of paid leave immediately after a birth or adoption to allow needed time together at home with a new child. 
 
Paid Holidays: Eligible employees receive 13 or 14 paid holidays each year including New Year’s Eve and Day, Martin Luther King Jr. Day, Presidents’ Day, Memorial Day, Juneteenth, the Fourth of July, Labor Day, Election Day, Veterans Day, Thanksgiving, Thanksgiving Friday, Christmas Eve and Day. 
 
Bonus Programs: Eligible employees with five years of service also receive annual longevity bonuses that grow as seniority increases. Some positions also may qualify for recruitment, retention, and performance bonuses or other special pay premiums. 
 
Military Pay Differential: Employees in the guard or reserves may also qualify for supplemental pay benefits if miliary pay during qualifying duty is less than normal state pay. Prior military service may also allow seniority credits to accelerate eligibility for longevity bonuses and additional personal leave accrual. 
 
Tax-Advantaged Programs: In addition to 401(k) and 457 retirement accounts, the state also offers flexible spending account (FSA), health savings account (HSA), and qualified transportation fringe benefit (QTFB) programs that can help you save money by reducing your taxable income. 
 
Student Loan Forgiveness: Working for the State of Michigan may allow you to participate in programs that forgive the balance of qualifying student loans. Please view  Student Loan Information to help determine if you could qualify is available from the U.S. Department of Education. 
 
Tuition Reduction: Some colleges and universities offer savings to eligible employees and family members to further their education while working for the State of Michigan. 
 
Professional Development: To help develop your career, programs are available to apply for reimbursement of up to $2,000 a year for education and training for college course credits and non-degree programs. 
 
Alternative and Remote Work Schedules: Depending on the nature of their duties, many state jobs offer flexible work schedules and remote or hybrid telecommuting options that can help obtain the work-life balance that you seek. 
 
Great Lakes and Great Times: Michigan boasts four Great Lakes, 11,000 inland lakes, 36,000 miles of rivers and streams, 20 million acres of forests, 100 state and national parks and recreation areas, 1,300 miles of bike trails, 6,500 miles of snowmobile trails, the second-most ski areas in the nation, 650 public golf courses, 600 campgrounds, and an international dark-sky park—just for starters. Our cities offer concerts and cultural events, storied sports teams, education hubs, vibrant downtowns, one-of-a-kind craft beverages, and renowned restaurants for every appetite. From urban centers to beach towns to the great outdoors, the opportunities are endless. With your state salary and benefits and Michigan’s affordable cost of living, you can explore all that Michigan has to offer. 
 
Updated: 2/28/24

Supplemental Questions

01
FINALTRE - Do you possess one of the following? FINALTRE: Do you possess a bachelor's degree in any major with at least 12 semester (18 term) credits in one or a combination of the following: accounting, finance, or economics. If so, please attach a copy of your official transcripts; OR At least one year of professional level experience in the State of Michigan classified service. OR the education and experience for the Financial Analyst Trainee or an educational substitution, as listed on the job specification. If so, please attach a copy of your official college transcripts.
  • Yes
  • No
02
FINCALT - Please select your level of experience.
  • None
  • At least one year of post-degree professional experience providing a systematic review, analysis, interpretation, and/or evaluation of budgets, mortgages, loans, or other financial data, equivalent to a Financial Analyst.
  • At least two years of post-degree professional experience providing a systematic review, analysis, interpretation, and/or evaluation of budgets, mortgages, loans, or other financial data, equivalent to a Financial Analyst.
  • At least three years of post-degree professional experience providing a systematic review, analysis, interpretation, and/or evaluation of budgets, mortgages, loans, or other financial data, equivalent to a Financial Analyst.
03
Please select your level of experience performing bank reconciliations.
  • None
  • Less than one year
  • One to two years
  • Two to three years
  • Three to four years
  • Four to five years
  • Five to six years
  • Six to seven years
  • More than seven years
04
Please describe your experience performing bank reconciliations. Please include the name of any reconciliation software with which you have experience. If no experience, indicate N/A.
05
Please select your level of experience working with Microsoft Excel.
  • None
  • Less than one year
  • One to two years
  • Two to three years
  • Three to four years
  • Four to five years
  • Five to six years
  • Six to seven years
  • More than seven years
06
Please describe your experience specifically related to Microsoft Excel. If no experience, indicate N/A
07
Please select your level of experience working with Microsoft Access.
  • None
  • Less than one year
  • One to two years
  • Two to three years
  • Three to four years
  • More than four years
08
Please describe your experience specifically related to Microsoft Access. If no experience, indicate N/A.
09
Please select your level of experience working with the State of Michigan's Statewide Integrated Governmental Management Applications (SIGMA).
  • None
  • Less than one year
  • One to two years
  • Two to three years
  • Three to four years
  • More than four years
10
Please describe your experience working with SIGMA (excluding submitting your timesheet), including the specific applications in which you have worked (FIN, HRM, Budget, or Business Intelligence). If no experience, indicate N/A.
11
Please describe your experience developing and writing procedures. If no experience, indicate N/A.
12
Please describe your experience communicating with internal and/or external customers. If no experience, indicate N/A.
13
Please attach a one-page or less response to the following: Please describe a specific example of a time when you were faced with a complex problem, explain the situation and the steps you used to solve it. Did you remember to attach your response to your application?
  • Yes
  • No
14
Did you attach your cover letter, detailed resume, and one-page response to your application? (Failure to do so may result in your application being screened out.)
  • Yes
  • No
15
If you qualify for this position by possessing a bachelor's degree, did you remember to attach a copy of your OFFICIAL college/university transcript(s) to your application? (Failure to do so may result in your application being screened out.)
  • Yes
  • No
  • N/A - I am a current or previous State of Michigan employee and I possess the required experience as detailed in the position description.
16
If you answered no to the previous question, please explain why.
17
To perform the duties and responsibilities of this position, all work must be performed in Michigan. Do you understand and agree to this requirement?
  • Yes
  • No
18
This position is eligible to work remotely on Mondays, Thursdays, and Fridays, and must work onsite Tuesdays and Wednesdays for State of Michigan residents. Additional onsite work may be required. The selected candidate must have a secure, safe and appropriate designated workspace and also sufficient and secure internet access of commercial cable or wireless broadband with minimum speeds of 25 Mbps download and 5 Mbps upload. Remote work arrangements are subject to management approval and may be adjusted or discontinued at any time. Remote work is not available if the selected candidate resides outside of the State of Michigan. Please indicate if you understand and agree with this requirement.
  • Yes
  • No
19
Professional references are required to be considered for this position. Acceptable references include current or recent supervisors. Individuals in higher level positions responsible for overseeing and directing work may be considered. Have you provided at least 3 acceptable professional references, either in the application or an attachment?
  • Yes
  • No
20
From the options below, which accurately describes your current employment status? (A current State employee works for an actual State Department, such as Department of Corrections (DOC) or Department of Transportation (MDOT), etc.)
  • Not a State of Michigan employee (I have never been employed by the State)
  • A current Michigan Department of Treasury employee
  • A current State of Michigan (non-Treasury) employee
  • A previous State of Michigan employee

Required Question

Agency Information

EmployerState of MichiganDepartment Treasury Address [email protected]
430 West Allegan Street
Lansing, Michigan, 48922 Phone517-335-7508
Website https://www.michigan.gov/treasurycareers
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About State of Michigan

State of Michigan
Dimondale, Michigan