Financial Analyst

Oklahoma State Government•Oklahoma City, OK

15d•$55,000 - $65,000•Onsite

About The Position

About The Job: The Office of the State Treasurer (OST) is seeking a detail-oriented and motivated Financial Analyst to join the Debt Management Division. This position supports the Oklahoma Capitol Improvement Authority (OCIA) and reports directly to the OCIA Director. Working closely with the OCIA Director, the Financial Analyst will provide accounting, analytical, and administrative support for a $1.3 billion debt portfolio and the $1.5 billion Legacy Capital Financing Fund. The role plays a key part in supporting prudent debt management, financial oversight, and accurate reporting across OCIA programs. Benefits: The position includes a comprehensive benefits package with a generous monthly benefit allowance between $150 and $1,700 to offset the cost of insurance premiums for employees and their eligible dependents, a retirement savings plan, 11 paid holidays, and longevity payments. Employees earn 15 days of vacation and 15 days of sick leave in the first year of employment. Essential Functions: This position supports the OCIA Director in the prudent administration of the bond portfolio and the Legacy Capital Financing Fund. Responsibilities may include providing analytical, accounting, and administrative support necessary to ensure effective oversight, accurate reporting, and sound financial management.

Requirements

Knowledge of General accounting and bookkeeping principles, including financial statements, reports, ledgers, and journals is essential
Invoice processing, monthly statements, and routine financial reconciliation.
Accounting-related computer systems and the Microsoft Office suite, particularly Excel.
Skills in Working effectively in a team environment, providing support to peers and leadership.
Clear communication and strong organizational practices to facilitate collaboration with client agencies and external service providers.
Applying analytical skills to identify discrepancies, research root causes, and support corrective actions.
Ability to Demonstrate strong analytical, problem-solving, and time-management skills while managing multiple priorities.
Exercise sound judgment and critical thinking in the review of financial information.
Collaborate with diverse teams and contribute to an innovative and analytical culture.
Communicate ideas clearly and concisely, both verbally and in writing.
Read, interpret, and apply applicable rules, regulations, and procedural guidance.
Use Microsoft Office applications, particularly Excel, and other software programs efficiently and accurately.
Transcribe and enter information with a high degree of accuracy.
Applicants must possess a bachelor’s degree in accounting, business, finance, or a closely related field, with at least three years of relevant experience.
All applicants must be legally authorized to work in the United States.

Nice To Haves

Public-sector operations and government finance (preferred but not required).
Experience and proficiency in governmental accounting is strongly preferred.
Experience in the public sector and/or state government is preferred but not required.
Additional consideration will be given to applicants who possess certifications or qualifications that demonstrate expertise in this career field.

Responsibilities

Maintain OCIA fund ledgers, journals, registers, and related fiscal records to ensure accounting accuracy and integrity.
Assist in the preparation of financial reports and forms, including GAAP reporting packages, monthly trial balances, fund reconciliations, and documentation required for OCIA’s annual audit.
Support the OCIA Director in the development and revision of the agency budget, including coordination with project managers and OMES budget analysts.
Analyze financial data and provide forecasting support to inform budgeting needs for OCIA and client agencies.
Assist in the management of bond proceeds and lease rental payments for client agencies in accordance with bond documents, including tracking transfer activity and coordinating with paying agents to ensure timely payment of principal and interest.
Update monthly reports related to bond construction fund activity for client agencies and internal stakeholders.
Review and analyze purchase orders and invoices associated with project construction funds for multiple bond issues.
Support the bond issuance process as directed, including coordination with client agencies and finance team members, review of transaction documents, and monitoring of internal and external closing procedures and timelines.
Monitor and process all disbursement requests related to the LCFF.
Process recapitalization payments from client agencies to OCIA, as directed by approved memoranda of understanding.
Contribute revenue and expense reporting, and any other necessary data, for the LCFF monthly and annual reporting.
Review quarterly reports from client agencies to ensure programmatic integrity.
Monitor and update content for the agency website and investor relations platform on a monthly and as-needed basis.
Manage and respond to inquiries from external auditors requesting confirmation of outstanding debt for state institutions.
Assist in effectively communicating with internal and external stakeholders.
Support the preparation of meeting materials, as required.
Collaborate on continuing education and training initiatives.
Perform other duties as assigned.

Benefits

The position includes a comprehensive benefits package with a generous monthly benefit allowance between $150 and $1,700 to offset the cost of insurance premiums for employees and their eligible dependents, a retirement savings plan, 11 paid holidays, and longevity payments.
Employees earn 15 days of vacation and 15 days of sick leave in the first year of employment.

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