Financial Analyst 9-P11

State of Michigan; Lansing (MI); Hybrid; USD 60,000 - 90,000; Full time

Job summary

The Michigan Department of Treasury is seeking two Financial Analysts to support the Fire Equipment Grant Program and new grant programs. Responsibilities include financial analysis, program research, and coordinating contracted services in a fast-paced, public-sector environment.

Requirements include a bachelor's degree with 12 credits in accounting, finance, or economics and 1–2 years of related experience. The role offers a $2,500 signing bonus and hybrid remote work options in Michigan.

Qualifications

• Bachelor's degree with at least 12 credits in accounting, finance, or economics.
• 1 year of professional experience providing a systematic review, analysis, interpretation, and/or evaluation of budgets, mortgages, loans, or other financial data (Analyst 9).
• Two years of professional experience providing a systematic review, analysis, interpretation, and/or evaluation of budgets, mortgages, loans, or other financial data (Analyst 11/ P11).
• College credits may substitute for up to half the required experience.

Responsibilities

• Developing program policies and procedures
• Maintaining records and compiling reports
• Preparing presentations
• Performing financial accounting–related tasks
• Responding to inquiries and providing assistance to legislators, local units of government, authorities, and commissions

Skills

Spreadsheet skills

Grant administration

Financial analysis

Education

Bachelor's degree with 12 credits in accounting/finance/economics

Tools

Accounting software

Job description

Job Description

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

The Michigan Department of Treasury seeks two Financial Analysts to support the Fire Equipment Grant Program and newly appropriated grant programs established annually by the legislature. These positions provide financial and operational support, conduct systematic reviews of financial data, perform program research and evaluation, and coordinate and monitor contracted services.

Key Responsibilities Include

• Developing program policies and procedures
• Maintaining records and compiling reports
• Preparing presentations
• Performing financial accounting–related tasks
• Responding to inquiries and providing assistance to legislators, local units of government, authorities, and commissions

The Bureau oversees economic forecasts and revenue estimates for the State budget process, revenue tracking, tax and economic policy analysis, coordination of the semi-annual Consensus Revenue Estimating Conference, and administration of state revenue sharing programs, the personal property tax reimbursement program, and Treasury’s local government grant programs.

These positions administer local government grant programs and other assigned grant programs within the Bureau. They require a broad and detailed knowledge of grant administration, accounting systems, strong spreadsheet skills, and familiarity with computing systems. Successful candidates must be able to manage complex projects, meet tight deadlines, and work effectively with staff across multiple state agencies.

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.

Required Education And Experience

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.

• 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.
• 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 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.

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. Remote work is not available if the selected candidate resides 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.

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.

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.

Accommodations

If you require a reasonable accommodation to participate in the application or selection processes, please contact the ADA coordinator 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.

Benefits for New Hires

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