Financial Specialist Financial Specialist

Full job description Salary $29.58 - $44.15 Hourly
Location Lansing, MI
Job Type Permanent Full Time
Remote Employment Flexible/Hybrid
Job Number 5901-24-FA-6-FOD-FS13-LB
Department Transportation
Opening Date 05/02/2024
Closing Date 5/16/2024 11:59 PM Eastern
Bargaining Unit NON-EXCLUSIVE REPRESENTED EMPLOYEE (NERE)

Job Description
In the Michigan Department of Transportation (MDOT) Bureau of Finance and Administration, our success is powered by our devotion to serving and connecting people, communities, and the economy through transportation. We strive to promote and encourage our employees' best qualities, which cultivates a positive and diverse team. As a bureau, we pursue avenues that lead to increased safety and efficiency in Michigan's highway structures on behalf of our co-workers, friends, and families, driven by our celebration of successes and strides made in the workplace. Our team is seeking a financial specialist in the Bureau of Finance and Administration. We are looking for someone who can embrace the challenges of meeting our goals and exceeding the standards!


As a financial specialist, you'll play a pivotal role in maintaining and calculating the Michigan Transportation Fund (MTF) and represent the Bureau of Finance and Administration to the rest of MDOT, the public, and other agencies. Your attention to detail will directly contribute to enhancing Michigan's structural systems. In addition, your problem-solving skills and collaborative mindset will be invaluable in troubleshooting issues and ensuring optimal performance. You'll have the chance to work with a team that appreciates your dedication to continually learning. At MDOT, we believe in investing in our team members' growth. You'll have access to continuous learning opportunities, professional development resources, and the chance to expand your skill set in a supportive and stimulating environment. So, take the next step in your career and go the extra mile and begin your journey with MDOT today.


As the next financial specialist, you would be responsible for:


Serving as the liaison and specialist for Public Act (P.A.) 51 of 1951 (Act 51) requirements that impact counties. Reviewing Act 51 county financial reports as required by P.A. 51 of 1951 to ensure compliance with Act 51 requirements. Reconciling, reviewing, and preparing MTF financial statements, accounting reports, and SIGMA financial transactions for department management, other state agencies, the Michigan Legislature, and other internal/external stakeholders. Ensuring timely and accurate review of the Act 51 county financial reports, county non-compliance status, and resolve any non-compliance issues identified. Providing Act 51 support service to 83 counties, MDOT management, the Department of Treasury, Department of State, Accounting Service Center, legislature, the Governor's Office, the County Road Association, and other related stakeholder groups (i.e., accounting CPA firms). Calculating and reconciling monthly Act 51 distributions to 83 counties and 531 cities and villages from revenues collected by the departments of State and Treasury of more than $1.9 billion. Also be responsible for the calculation and distribution of snow payments, engineering payments, forest road payments, and annual mileage transfers. Begin your journey with MDOT today!
The "Salary" listed above is a range that reflects the minimum rate through the maximum rate of the Financial Specialist 13.


All about MDOT Based on operational needs and within established limits, remote work and alternate work schedule requests for this position may be considered.

For information on benefits, visit or


The State of Michigan has been recognized as a leading U.S. employer by new graduates from ******** 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. Required Education and Experience Education Possession of a bachelor's degree or higher in any major with at least 12 semester (18 term) credits in one or a combination of the following: accounting, finance, or economics.
Experience
Four years of professional experience equivalent to a Financial Analyst; including two years equivalent to a Financial Analyst P11, Accountant P11, or Auditor P11 or one year equivalent to a Financial Analyst 12, Accountant 12, or Auditor 12.


Alternate Education and Experience Possession of a Certificate in Public Accounting (CPA) may be substituted for one year of Financial Analyst P11 experience.
Additional Requirements and Information Possession of a valid driver's license is required.
To be considered for this position you must:

If applicable, attach a copy of your official college transcripts and/or foreign degree evaluation with your application. View the entire job specification at:


All newly hired state employees are required to submit and pass a pre-employment drug test and physical (if applicable) prior to their actual appointment. Criminal and driving records will also be checked if applicable. Any position offer will be conditional until results of the drug test, physical, criminal background, and driving records indicate eligibility for employment.


The department reserves the right to close this posting prior to its original end date once a sufficient number of applications have been received.


Your application for any position does not guarantee that you will be contacted by the Department for further consideration. Only those applicants interviewed will be notified of the results.


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.


If you have questions related to this posting, please contact Logan Bristol at . 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 ******** 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



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 at



Vacation and Sick Leave: Eligible full-time employees receive between 15 and 35 personal days and 13 sick days per 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 leave immediately 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. Information 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