Sr. Financial Analyst (Investment Accounting) - PN: 20076570

State of Ohio • Columbus, OH

17h • Hybrid

About The Position

This position is with the Ohio Bureau of Workers' Compensation (BWC), a state agency with roughly 1,500 employees in seven offices across Ohio. BWC cares for Ohio workers by promoting a culture of safety and ensuring quality medical and pharmacy care for injured workers. For Ohio employers, BWC provides insurance policies and safety and wellness services. The agency aims to be an agile organization driven by customer success, with a mission to deliver consistently excellent experiences daily. The core values are One Agency, Personal Connection, Innovative Leadership, and Relentless Excellence. This role is part of an organization that strives to be a model employer of individuals with disabilities and is committed to providing access and inclusion.

Requirements

• 42 mos. exp. or 42 mos. trg. in accounting &/or finance to include an advanced level of experience in spreadsheet software.
• OR completion of undergraduate core program in business administration, accounting, finance or related field; 18 mos. exp. or 18 mos. trg. in accounting &/or finance to include an advanced level of experience in spreadsheet software.
• OR completion of graduate core program in business administration, accounting, finance or related field; 6 mos. exp. or 6 mos. trg. in accounting &/or finance to include an advanced level of experience in spreadsheet software.
• OR 12 mos. exp. as Financial Analyst, 66562.
• OR equivalent of Minimum Class Qualifications for Employment noted above.
• NOTE: Successful completion of the Fiscal Academy may be substituted for 4 mos. of required accounting/fiscal experience referenced in this portion of the minimum qualifications.
• Knowledge of (1)BWC policies & procedures, (2)cost & financial accounting, (3)applicable state &/or federal laws, rules, procedures & standards governing fiscal accounting & budgetary operations, (4)BWC Financial Reporting policies & procedures, (5)investment accounting &/or finance (e.g., Principles of Accounting, Managerial Accounting, Finance, Auditing, Governmental Accounting) , (6)compliance requirements for investment portfolios, asset classes & individual manager portfolios, (7)trade communications, (10) accounting information systems, (11) investment information available from the master record keeper (BNY Mellon) & custodial bank, (12)performance calculations in compliance with Global Investment Performance Standards.
• Skill in (1)use of calculator, (2)use of personal computer & peripheral equipment (e.g., printer, keyboard), (3) investment accounting (e.g., preparing investment accounting journal entries, reconciliation of investment portfolios & calculations &/or investment performance calculations) , (4)use of MS Office Software (e.g., Word, Access, Outlook), (5)use of MS Excel, (6)communicating, both verbally & in writing to various levels within the organization.
• Ability to (1)read, interpret & analyze technical financial materials, (2)recommend any accounting & reporting changes as needed & as required, (3)deal with complex & technical fiscal variables, (4)gather, collate, classify information about data, people, things, (5)coordinate reconciliation between financial parties & maintain professional verbal & written communications with bank, master record keeper, & outside investment managers, (6)prepare complex financial accounting reports, (8)prepare &/or edit technical fiscal material, (9)handle complex financial accounting issues in verbal & written form, (10)prepare meaningful, accurate & concise reports to include accurate recommendations, (11)use proper research methods to gather data.

Nice To Haves

• Completion of an undergraduate core program in business administration, accounting, finance or related field.
• Completion of a graduate core program in business administration, accounting, finance or related field.
• Experience as Financial Analyst, 66562.
• Successful completion of the Fiscal Academy.

Responsibilities

• Under direction of Investment Accounting Supervisor evaluates and coordinates outside investment manager trade communication with the custodial bank and master record keeper.
• Reviews daily investment manager bank reconciliations to ensure accuracy and timeliness and works with outside parties to resolve reconciling items.
• Design and prepare ad hoc financial investment accounting report and conducts special projects.
• Monitors investment portfolio to ensure in compliance with BWC’s Investment Policy and the contract the investment manager was hired to manage.
• Maintain professional working relationships, work within defined productions schedule, utilizing strong critical thinking skills to manage time efficiently, prioritize tasks, resolve issues, and develop well-supported conclusions.

Benefits

• Medical Coverage
• Free Dental, Vision and Basic Life Insurance premiums after completion of eligibility period
• Paid time off, including vacation, personal, sick leave and 11 paid holidays per year
• Childbirth, Adoption, and Foster Care leave
• Education and Development Opportunities (Employee Development Funds, Public Service Loan Forgiveness, and more)
• Public Retirement Systems ( such as OPERS, STRS, SERS, and HPRS ) & Optional Deferred Compensation ( Ohio Deferred Compensation )

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree