Financial Analyst III

State of North Carolina•Wake County, NC

39d

About The Position

Our mission is to preserve, protect and sustain the state's pension and healthcare plans, generate investment returns in excess of comparable public pensions, properly account for and report on all funds that are deposited, invested, and disbursed through the North Carolina Department of State Treasurer, assure the financially sound issuance of debt for state and local governments, maintain the state's "AAA" bond rating, and provide exemplary service across all divisions of the Department. The Financial Analyst III coordinates, reviews and approves the issuance of financing agreements, revenue bonds, Medical Care Commission bonds, industrial revenue bonds, and housing bonds. This position ensures adherence to policies, structures the issuance, and assists in the preparation of offering statements and other financing documents for these issuances. This position determines the financial condition and compliance of a work unit or governmental operating unit with governmental accounting standards, North Carolina general statutes and best practices in government finance in order to allow the agency to fulfill its respective statutory functions and responsibilities. ST is looking for Financial Analyst III this is full-time positions (40 hours per week) with State Benefits, including health insurance, paid vacation, paid sick time, paid holidays, as well as retirement. The State and Local Government Finance Division manages the sale and delivery of most debt issued by the State and by local governments and public authorities and monitors the repayment this debt. The Division provides fiscal oversight of local governments and public authorities in North Carolina regarding their financial condition and compliance with governmental accounting standards, North Carolina General Statutes, and best practices in government finance. The Division serves as staff to the Local Government Commission (LGC), the North Carolina Capital Facilities Finance Agency (NCCFFA), and the Debt Affordability Advisory Committee (DAAC) in fulfilling their respective statutory functions and responsibilities. The Department of State Treasurer's campus is located on Atlantic Avenue, is surrounded by many shopping centers and restaurants, has access to a 24-hour 7-day a week free gym on the campus, and has free employee parking. Effective July 1, 2025, candidates now meet the minimum qualifications of a position if they have the minimum education and experience listed from the class specification. The knowledge, skills, and abilities listed in the vacancy announcement should be used as management preferences and be used to screen for the most qualified pool of applicants.

Requirements

Bachelor's degree in accounting, banking, finance, business administration, economics, or related discipline from an accredited institution and 3 years of directly related experience or an equivalent combination of education and experience.

Nice To Haves

Expert knowledge of current federal, state, local government programs.
Experience recommending and developing regulations, policies, and procedures.
Experience developing or adapting new processes and procedures based upon changes in laws and regulations or industry practices.
Demonstrated ability to interpret compliance and communicate this in a written format.

Responsibilities

Coordinates the approval, design, structure of debt by local governments and public authorities including revenue bonds, special obligation bonds, industrial revenue bonds, revolving loans, and installment-lease purchase agreements.
Provides financial advisory services to local governments and public authorities as they prepare to issue various types of debt reviews the financial capability and responsibility of the borrower, reviews and analyses alternative financing structures.
Provides advice on the method debt structure, participates in due diligence meetings.
Reviews application and prepares LGC agenda item.
Prepares a written financial analyses and reports.
Maintains data accurately and in a timely manner; works collaboratively with others to store and retrieve data efficiently and effectively.