****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!
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View the Financial Analyst job specification. (Download PDF reader)
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.
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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.
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.
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.
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 transcripts. Failure 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.
