Financial Analyst (Trainee) 9-P11 Print (https://www.governmentjobs.com/careers/michigan/jobs/newprint/5029434) Apply  Financial Analyst (Trainee) 9-P11 Salary $24.19 - $39.33 Hourly Location Dimondale, MI Job Type Permanent Full Time Remote Employment Flexible/Hybrid Job Number 2701-25-12-14 Department Treasury Opening Date 08/04/2025 Closing Date 8/18/2025 11:59 PM Eastern Bargaining Unit NON-EXCLUSIVE REPRESENTED EMPLOYEE (NERE) + Description + Benefits + Questions Job Description ****This position offers a $2,500 signing bonus for eligible candidates. **** The Banking and Disbursements Financial Analyst performs critical functions to ensure the successful disbursement of payments from all State of Michigan agencies. The primary function of the position is to analyze financial reports generated from various accounting and financial systems to ensure the successful disbursement of critical State payments. This position monitors the State Treasurer’s bank accounts, reviews bank account analysis statements, tracks compensating balances, and reviews account transfer schedules. This position works closely with State of Michigan agencies and banking institutions to ensure State agencies' banking service needs are met. This position will monitor contracted banking services, contractor performance, contract deliverables, and develop corrective action plans if necessary. This position will review, process, and monitor check fraud. In performing these duties, the position is responsible for promoting and maintaining and environment conducive to continuous quality improvement and for encouraging ideas, input and teamwork. View Financial Analyst (Trainee) position description here (https://MCSC.state.mi.us/AgencyPDFs/FINCALTEF71N.pdf) Treasury Careers – Learn more about why Treasury is a Great Place to Work! Required Education and Experience Education for Financial Analyst 9-P11 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 for Financial Analyst 9-P11 Note: A position is considered professional if the job requires a bachelor's degree.Qualifying ‘professional experience’ is only taken into consideration post-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. Education and Experience for Financial Analyst (Departmental Trainee) 9 (FOR CLASSIFIED STATE OF MICHIGAN EMPLOYEES ONLY) Educational level typically acquired through completion of high school and two years of experience as an Accounting Technician E9 and/or 10, Account Examiner E10 and/or 11, Account Examiner Supervisor 12, or Office Supervisor 9-10 (with the bookkeeping subclass code); or, one year of experience as an Account Examiner Supervisor 13, or Office Supervisor 11-12 (with the bookkeeping subclass code). Educational Substitution 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. 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 NOTE: New State of Michigan employees, new to 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. Current or previous career employees are ineligible. 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 (CHEA) (https://www.chea.org/search-institutions) . A scanned or electronic copy is acceptable, provided it contains the elements listed above. Review more information regarding official transcripts (https://www.michigan.gov/-/media/Project/Websites/mdcs/neogov/OfficialTranscript.pdf?rev=b0798c88b0704c4c8feaf3e3e9d1bf80) . Foreign Transcripts.Applicants who 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 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. 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 prior tobeing appointed to the position. Relocation expenses are not reimbursed. Hybrid Remote Work.This position is eligible to work remotely on Mondays, Thursdays, and Fridays, and must work onsite Tuesdays and Wednesdays. Selected candidate must have a safe and appropriate designated workspace or workstation for performance of work and secure and sufficient internet access of commercial cable or wireless broadband with minimum speeds of 25 Mbps download and 5 Mbps upload. 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. This position has a FTINPRINT sub-class code. The sub-class code indicates the position has access to Federal Tax Information (FTI) and requires passing of a fingerprint-based background check per IRS Publication 1075. AI. The use of artificial intelligence (AI) software of any kind is 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 job specificationhere (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 FINALTRE - Do you possess one of the following? FINALTRE: Do you possess 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. If so, please attach a copy of your official transcripts; OR At least one year of professional level experience in the State of Michigan classified service. OR the education and experience for the Financial Analyst Trainee or an educational substitution, as listed on the job specification. 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 Please select your level of experience providing systematic review, analysis, interpretation, and/or evaluation of financial data. + None + Less than one year + One to three years + Three to five years + More than five years 04 Please describe your experience providing systematic review, analysis, interpretation, and/or evaluation of financial data. Please align your response to the experience you have listed in the Work Experience section of your application. If none, indicate N/A. 05 Please select your level of professional experience working with banks. + None + Less than one year + One to three years + Three to five years + More than five years 06 Please describe your professional experience working with banks. Please align your response to the experience you have listed in the Work Experience section of your application. If none, indicate N/A. 07 Please select your level of experience with project or contract management. + None + Less than one year + One to three years + Three to five years + More than five years 08 Please describe your experience with project or contract management. Please align your response to the experience you have listed in the Work Experience section of your application. If none, indicate N/A. 09 Please select your level of experience using the State Integrated Government Management Application (SIGMA) Financial. + None + Less than one year + One to three years + Three to five years + More than five years 10 Please describe your experience using SIGMA Financial. Please align your response to the experience you have listed in the Work Experience section of your application. If none, indicate N/A. 11 Please identify which Microsoft Office applications you are experienced using. (Check all that apply.) + MS Word + MS Excel + MS Access + MS Outlook + MS PowerPoint + MS One Note + MS Teams + Other + None of the above 12 Please list other software you have experience using. If none, enter N/A. 13 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 14 If you qualify for this position by possessing a bachelor's degree, did you remember to 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.) + Yes + No + N/A - current or previous State of Michigan employee and possess at least one year of qualifying experience 15 If you answered no to the previous question, please explain why. 16 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. Relocation expenses are not reimbursed. Do you currently reside in Michigan or if offered the position, would plan to relocate to Michigan? + Yes + No 17 Do you understand this job requires working onsite on Tuesdays and Wednesdays? + Yes + No 18 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 Corrections (DOC) or Department of Transportation (MDOT), etc.) + Not a State of Michigan employee (never employed by the State) + A current Michigan 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 TreasuryOHR@michigan.gov 430 West Allegan Street Lansing, Michigan, 48922 Phone 517-335-7508 Website https://www.michigan.gov/treasurycareers Apply Please verify your email addressVerify Email