****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.