Financial Analyst 9-P11

State of Michigan•Lansing, MI

6d•Hybrid

About The Position

This Financial Analyst position will perform qualification and loan application procedures required for the School Bond Qualification and Loan Program. Review and verify debt service schedules, student enrollment counts, construction costs and other operational reports and records to determine adherence to program rules and statutes. Review and evaluate loan applications, system financial data and program procedures for accuracy and effectiveness. Prepare and maintain work documents, participant correspondence and policies and procedures. Assist with School Bond Loan Fund and School Loan Revolving Fund activities. Assist the Accounting Services Division and the Office of the Auditor General with month-end accounting and year-end closing activities. Support the Department of Treasury's overall goals, strategic planning, Continuous Improvement and Employee Engagement activities. Perform other assignments as needed for the Bureau of State and Authority Finance. 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 View the Job Specification here: Financial Analyst Note: The listed salary range reflects the minimum rate at the entry (9) level through the maximum rate at the experienced (P11) level. Qualifying years of experience are counted post–bachelor’s degree. Candidates will be reviewed to determine the appropriate level for placement. The final salary will be based on the selected candidate’s education and experience. Treasury Careers (michigan.gov) - Learn more about why Treasury is a Great Place to Work! 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.

Requirements

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.
All work must be performed in the state of 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.
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.
Use of artificial intelligence (AI) software is prohibited.

Nice To Haves

Self-motivated, resourceful, confident individual with a positive attitude and strong ethical standards who likes to be challenged with new opportunities.

Responsibilities

Perform qualification and loan application procedures required for the School Bond Qualification and Loan Program.
Review and verify debt service schedules, student enrollment counts, construction costs and other operational reports and records to determine adherence to program rules and statutes.
Review and evaluate loan applications, system financial data and program procedures for accuracy and effectiveness.
Prepare and maintain work documents, participant correspondence and policies and procedures.
Assist with School Bond Loan Fund and School Loan Revolving Fund activities.
Assist the Accounting Services Division and the Office of the Auditor General with month-end accounting and year-end closing activities.
Support the Department of Treasury's overall goals, strategic planning, Continuous Improvement and Employee Engagement activities.
Perform other assignments as needed for the Bureau of State and Authority Finance.