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Financial Analyst 9-P11

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Financial Analyst 9-P11

Salary

$24.92 - $40.51 Hourly

Location

To Be Determined - TBD, MI

Job Type

Permanent Full Time

Remote Employment

Remote Only

Job Number

2701-26-14-3

Department

Treasury

Opening Date

10/17/2025

Closing Date

10/31/2025 11:59 PM Eastern

Bargaining Unit

NON-EXCLUSIVE REPRESENTED EMPLOYEE (NERE)

+ Description

+ Benefits

+ Questions

Job Description

* This position is eligible to work remotely (from home) up to five days per week with a Flexible work schedule *

If you have a bachelor’s degree and at least 12 semester (18 term) credits in one or a combination of the following: accounting, finance, or economics, have you considered a career as a Financial Analyst? Are you looking for a career that offers support and resources for continuous learning, a culture that promotes and rewards teamwork and initiative, and a positive work environment that allows you to help others? If so, then Treasury's Bureau of Investments is looking for you!

This position is responsible for the critical daily cash analysis for the holdings of the State of Michigan Retirement System’s (SMRS) investment portfolios as well as Trust and Agency fund’s portfolios, which have an aggregate market value of approximately $115 billion. The position is responsible for valuating and adjusting financial statements using various accounting standards and in accordance with U.S. Generally Accepted Accounting Standards. The position is responsible for developing, revising and implementing procedures in accordance with accounting principles, industry standards, and the Bureau of Investments’ policies and procedures.

Our culture is driven by excellent customer service, continuous improvement, and employee development. The Department of Treasury promotes and supports Diversity and Inclusion. If you enjoy working in a fast-paced, team-oriented environment that still offers a great work/life balance, we encourage you to apply! To learn more about this position, review the position description below.

View the full position description here: Financial Analyst 9-P11 (https://mcsc.state.mi.us/AgencyPDFs/Accountant%209-11%20PD%20(ACCOUNTED02N).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: Qualifying ‘professional experience’ is only taken into consideration post-bachelor’s degree. A position is considered professional if the job requires a 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

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), the Registrar's signature and/or seal, and must be recognized by the Council 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. Failure to provide this evaluation at the time of application may result in you being screened out of the process. This documentation is REQUIRED; you can't be qualified for this position without it.

Foreign Transcripts: Applicantswho 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 recognized by CHEA (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.

Remote Work: This position is eligible for remote work up to five days per week. The selected candidate must have a secure, safe and appropriate designated workspace that allows privacy and prevents distractions to perform the duties of this position. Additionally, the selected candidate must have secure and sufficient internet access of commercial cable or wireless broadband with minimum speeds of 25 Mbps download and 5 Mbps upload. Please note that occasional onsite work will be required. Remote work arrangements are subject to management approval and may be adjusted or discontinued at any time.

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.

E-Verify. 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.

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 of any kind is strictly prohibited in all areas of the selection process, including, but not limited to, responses to application questions, and responses to interview questions or exercises.

Your application for this position does not guarantee you will be contacted by the Department for further consideration. Only those applicants interviewed will be notified of the results.

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

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 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. Please view Student Loan 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

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

Do you have a thorough knowledge of Generally Accepted Accounting Principles (GAAP) and investment methodologies?

+ Yes

+ No

04

How many years of experience do you have working with Microsoft Excel spreadsheets?

+ None to less than one year

+ One to three years

+ Three to five years

+ Five to seven years

+ Seven years or more

05

How many years of professional work experience do you have with complex investment accounting transactions?

+ None to less than one year

+ One to three years

+ Three to five years

+ Five years or more

06

How many years of professional work experience do you have with financial year-end closing processes?

+ None to less than one year

+ One to three years

+ Three to five years

+ Five years or more

07

How many years of work experience do you have with financial statement preparation, valuation and adjustments?

+ None to less than one year

+ One to three years

+ Three to five years

+ Five years or more

08

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

09

This position is eligible for remote work up to five days per week with occasional onsite work required. Do you understand the remote work requirements?

+ Yes

+ No

10

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

11

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.) Official Transcripts are REQUIRED; you can't be qualified for this position without them.

+ Yes

+ No

12

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 Transporation or Department of Labor & Economic Opportunity (LEO) etc.)

+ Not a State of Michigan employee (never employed by the State)

+ A current Bureau of Investments employee

+ A current Department of Treasury employee

+ A current State of Michigan (non-Treasury) employee

+ A previous State of Michigan employee

Required Question

Employer

State of Michigan

Department

Treasury

Address

[email protected]

430 West Allegan Street

Lansing, Michigan, 48922

Phone

517-335-7508

Website

https://www.michigan.gov/treasurycareers

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