Job Information
State of Michigan Financial Analyst 9-P11 in Lansing, Michigan
Financial Analyst 9-P11
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Financial Analyst 9-P11
Salary
$24.19 - $39.33 Hourly
Location
Lansing, MI
Job Type
Permanent Full Time
Remote Employment
Flexible/Hybrid
Job Number
2701-25-17-3
Department
Treasury
Opening Date
02/19/2025
Closing Date
3/14/2025 11:59 PM Eastern
Bargaining Unit
NON-EXCLUSIVE REPRESENTED EMPLOYEE (NERE)
Description
Benefits
Questions
Job Description
*This position offers a $2,500 signing bonus for eligible candidates. *
This Financial Analyst position will perform assignments for the Bureau of State and Authority Finance and the Michigan Finance Authority. Performs assignments related to the issuance of State and Authority bonds and notes, credit evaluations, and bond and note structuring for Michigan Finance Authority loan programs. Performs assignments related to monitoring compliance with bond documents and payment obligations and prepares materials and updates information for program loan cycles. Performs other bond and financial related assignments for the Bureau of State and Authority Finance, State Finance Division and Authority Finance Division, Michigan Finance Authority Board members, and Bureau customers. Supports Treasury’s overall goals, strategic planning, employee engagement and continuous improvement activities. Performs other assignments as needed for the Bureau of State and Authority Finance and the Treasury Executive Office.
View the full position description here:Financial Analyst 9-P11 (https://MCSC.state.mi.us/AgencyPDFs/Fin Analyst PD.pdf)
Treasury Careers (michigan.gov)- Learn more about why Treasury is a Great Place to Work!
Required Education and Experience
Education
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
Note: A position is considered professional if the job requires a bachelor's degree.Qualifying 'professional experience' is counted 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.
Alternate Education and Experience
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.
Additional Requirements and Information
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.)
PLEASE NOTE: New State of Michigan employees, new to 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. Current or previous career employees are ineligible.
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 theCouncil on Higher Education Accreditation (https://www.chea.org/search-institutions) (CHEA). A scanned or electronic copy is acceptable, as long as it contains the elements listed above. Review more information regarding official transcripts (https://www.michigan.gov/-/media/Project/Websites/mdcs/neogov/OfficialTranscript.pdf?rev=b0798c88b0704c4c8feaf3e3e9d1bf80) .
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 byCHEA (https://www.chea.org/search-institutions) . Go to evaluators (https://www.naces.org/members) for a list of accepted organizations that evaluate foreign credentials. Failure to provide this evaluation at the time of application may result in you being screened out of the process.
Work must be performed in the state of Michigan. If you currently reside outside of Michigan, you must relocate to Michigan to perform the duties of this position prior tobeing appointed to the position. Relocation expenses are not reimbursed.
Hybrid Remote Work. This position is eligible to work remotely on Mondays, Thursdays, and Fridays, and must work onsite Tuesdays and Wednesdays. Selected candidate must have a safe and appropriate designated workspace or workstation for performance of work and secure and sufficient internet access of commercial cable or wireless broadband with minimum speeds of 25 Mbps download and 5 Mbps upload.
E-Verify. The Michigan Department of Treasury participates inE-Verify (https://www.e-verify.gov/employees/employee-rights-and-responsibilities) and will provide the federal government with your form I-9 information to confirm that you are authorized to work in the U.S.
Interviews. Interviews may occur virtually using Microsoft Teams. No prior experience with Teams is necessary. Instructions and tips will be provided to all candidates scheduled for an interview using Microsoft Teams.
View the job specification at:https://www.michigan.gov/mdcs/-/media/Project/Websites/mdcs/JOBSPECS/F/FinancialAnalyst.pdf
Accommodations
If you require a reasonable accommodation to participate in the application or selection processes, please contact theADA coordinator (https://www.michigan.gov/ose/-/media/Project/Websites/ose/Contact/RACs.pdf) for the agency that posted this position vacancy.
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 athttp://www.mi.gov/orsstatedc.
Vacation and Sick Leave:Eligible full-time employees receive between15 and 35 personal daysand 13 sick daysper 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 leaveimmediately 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. Information (https://studentaid.gov/manage-loans/forgiveness-cancellation) 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
01
FINCALT - Do you possess of a bachelor's degree or higher 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 college transcripts.
Yes
No
02
If you answered no to the above question, will you possess a bachelor's degree with at least 12 semester (18 term) credits in accounting finance or economics by June 1, 2025?
Yes
No
03
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.
04
How many years of work experience do you possess in public finance and/or finance positions, including accounting, economics or financial consulting?
None
Less than one year
One to two years
Two to three years
More than three years
05
Please describe your experience in public finance and/or a finance position. Please align your response to the experience you have listed in the Work Experience section of your application. If no experience, please enter N/A. (Failure to do so may result in your application being screened out.)
06
How many years of professional experience do you possess in interpreting legal documents, legislation, or regulations?
None
Less than one year
One to two years
Two to three years
More than three years
07
Please describe your experience interpreting legal documents, legislation, or regulations. Please align your response to the experience you have listed in the Work Experience section of your application. If no experience, please enter N/A. (Failure to do so may result in your application being screened out.)
08
How many years of professional work experience do you possess pertaining to the issuance of bonds and notes?
None
Less than one year
One to two years
Two to three years
More than three years
09
Please describe your experience pertaining to the issuance of bonds and notes. Please align your response to the experience you have listed in the Work Experience section of your application. If no experience, please enter N/A. (Failure to do so may result in your application being screened out.)
10
What level of experience or knowledge do you possess working as part of a team in the completion of a project involving the research and compilation of financial, economic, or accounting data?
None
Less than one year
One to two years
Two to three years
More than three years
11
Please describe your experience working as part of a team in the completion of a project involving the research and compilation of financial, economic, or accounting data. Please align your response to the experience you have listed in the Work Experience section of your application. If no experience, please enter N/A. (Failure to do so may result in your application being screened out.)
12
What level of experience or knowledge do you possess reviewing documents, such as financial spreadsheets, audit reports, and cash flow documents, for accuracy?
None
Less than one year
One to two years
Two to three years
More than three years
13
Please describe your experience with reviewing documents, such as financial spreadsheets, audit reports, and cash flow documents, for accuracy. Please align your response to the experience you have listed in the Work Experience section of your application. If no experience, please enter N/A. (Failure to do so may result in your application being screened out.)
14
Work must be performed in the state of Michigan. If you currently reside outside of Michigan, you must relocate to Michigan to perform the duties of this position before you are appointed to the position. Relocation expenses are not reimbursed. Do you currently reside in Michigan or if offered the position, would plan to relocate to Michigan?
Yes
No
15
Do you understand this job currently requires working onsite on Tuesdays and Wednesdays with additional in office days potentially required in the future?
Yes
No
16
Did you attach your cover letter and detailed resume to your application? (Failure to do so may result in your application being screened out.)
Yes
No
17
Did you attach a copy of your official college/university transcript(s), including classes completed, to your application? This documentation is REQUIRED; you can't be qualified for this position without it. (Failure to do so may result in your application being screened out.)
Yes
No
18
If you answered no to the previous question, please explain why.
Required Question
Employer
State of Michigan
Department
Treasury
Address
TreasuryOHR@michigan.gov
430 West Allegan Street
Lansing, Michigan, 48922
Phone
517-335-7508
Website
https://www.michigan.gov/treasurycareers
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