Financial Analyst (Trainee) 9-P11/Financial Services Division

Financial Analyst (Trainee) 9-P11/Financial Services Division

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Financial Analyst (Trainee) 9-P11/Financial Services Division

Salary

$23.04 – $37.46 Hourly

Location

Dimondale, MI

Job Type

Permanent Full Time

Remote Employment

Flexible/Hybrid

Job Number

2071-24-12-8

Department

Treasury

Opening Date

09/25/2024

Closing Date

10/9/2024 11:59 PM Eastern

Bargaining Unit

NON-EXCLUSIVE REPRESENTED EMPLOYEE (NERE)

Description

Benefits

Questions

Job Description

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 employees 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.

This position serves as the Section’s financial analyst and is responsible for conducting research, analyzing financial documents, bank statements, preparing reports, making correcting entries, and preparing correspondence related to financial documents and bank statements. Prepares, reviews, and determines impact of supplemental bank and financial schedules. Utilizes system applications to analyze bank and financial accounts. Conducts research projects and examines processes to support the Office. Develops and writes procedures and documentation. Provides backup coverage for warrant reconciliation.

Position Description (https://mcsc.state.mi.us/AgencyPDFs/Financial%20Analyst%20Trainee.pdf)

Treasury Careers (michigan.gov)- Learn more about why Treasury is a Great Place to Work!

Required Education and Experience

Education for Financial Analyst 9-P11

Possession of a bachelors 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: Experience is considered professional if the job requires a bachelors 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

Education and Experience for Financial Analyst (Departmental Trainee) 9 (FOR CLASSIFIED STATE 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.

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.)

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), and the Registrars signature and/or seal. A scanned or electronic copy is acceptable, as long as it contains the elements listed above.This documentation is REQUIRED; you cant be qualified for this position without it. Review more information regarding official transcripts. (https://www.michigan.gov/documents/mdcs/OfficialTranscript6938317.pdf)

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 by the Council on Higher Education Accreditation (CHEA). 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.

Remote Work:This position iseligible 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.

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 positionpriorto being appointed to the position. Relocation expenses are not reimbursed.

The Michigan Department of Treasury participates in E-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.

This position has a FTINPRINT sub-class code. The sub-class code indicates the position has access to Federal Tax Information (FTI) and requires passing of a fingerprint-based background check per IRS Publication 1075.

View the job specification at:https://www.michigan.gov/mdcs/-/media/Project/Websites/mdcs/JOBSPECS/F/FinancialAnalyst.pdf

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 atwww.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 daysand13 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 take12 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

FINALTRE – Do you possess one of the following? FINALTRE: Do you possess a bachelors 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.

03

Select your level of experience performing bank reconciliations from one of the following:

None

Less than one year

One to three years

More than three years

04

Describe your experience performing bank reconciliations. Please include the name of any reconciliation software with which you have experience. If none, indicate N/A.

05

Select your level of experience working with Microsoft Excel from one of the following:

None

Less than one year

One to three years

More than three years

06

Describe your experience specifically related to Microsoft Excel. If none, indicate N/A.

07

Select your level of experience working with Microsoft Access from one of the following:

None

Less than one year

One to three years

More than three years

08

Describe your experience specifically related to Microsoft Access. If none, indicate N/A.

09

Select your level of experience working with the State of Michigans Statewide Integrated Governmental Management Applications (SIGMA)from one of the following:

None

Less than one year

One to three years

More than three years

10

Describe your experience working with SIGMA (beyond submitting your timesheet), including the specific applications in which you have worked (FIN, HRM, Budget, or Business Intelligence). If none, indicate N/A.

11

Describe your experience developing and writing procedures. If none, indicate N/A.

12

Describe your experience communicating with internal and/or external customers. If none, indicate N/A.

13

Please attach a one-page or less response to the following question: 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 attach your response?

Yes

No

14

Did you 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

15

If you answered no to the previous question, please explain why.

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

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. Relocation expenses are not reimbursed. Do you currently reside in Michigan or if offered the position, would plan to relocate to Michigan?

Yes

No

18

Do you understand this job requires working onsite on Tuesdays and Wednesdays?

Yes

No

Required Question

Agency

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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