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Financial Analyst II - Revenue Collections (OCFO - Treasury Division)
Salary
$61,490.00 - $82,528.00 Annually
Location
Michigan, MI
Job Type
Certified-Regular Civil Service
Job Number
202531320510232626OCFOJS
Department
Off Chf Financial Officer
Division
Treasury
Opening Date
03/30/2026
Closing Date
4/5/2026 11:59 PM Eastern
Bargaining Unit
9001-Non Union Hourly Regular Service General
Description
Office of the Chief Financial Officer
Treasury Division
Financial Analyst II - Revenue Collections
Be a Part of the City You Love!
The Office of the Chief Financial Officer - Treasury division is accepting applications for a Financial Analyst II - Revenue Collections position.
Position Summary
Examples of Duties
- Using ERP Cloud applications performs the following activities:
- Strategic planning, financial and operational analysis, budget preparation and analysis, and other critical analysis
- Financial evaluation of agencies and departments
- Strategic financial modeling, annual target setting, and annual business planning process for City Agencies to assess financial implications and support complex business decisions
- Using Process Management to manage the financial review cycle
- Development, implementation, and monitoring of financial and operational policies, guidelines, processes, procedures, internal controls, and performance measures
- Partnering with City Agencies to develop and monitor multi-year operating and capital plans, reserve forecasts, and long range financial strategies
- Develops, implements, monitors, and ensures compliance of financial and operational performance measures based on guidance and instructions provided by the supervisor
- Analyzes and reviews as a part of a team or with guidance from higher level Financial Analysts prior year expenditures, grant balances, and fund sources and prepares detailed financial forecasts, cost projections, and recommendations based on actual results
- Prepares, provides, and responds to routine and non-controversial requests and inquiries regarding financial, expenditure, revenue/fund status, appropriation transfers, supplemental appropriations, and variance reports to management to enable financial and budgetary monitoring and control
- Evaluates monthly financial and operational performance against plan, prior year, and forecast
- Identifies and advises higher level Financial Analysts or on occasion, agency or departmental staff on budget overruns, revenue shortfalls, and other financial problems; recommends options and solutions; and works with the supervisor to resolve problems
- Draws charts and graphs, using computer spreadsheets, to illustrate technical report
- Compiles and analyzes accounting records and other data to determine the financial resources required to implement a program
- Performs special projects and other duties as assigned
Minimum Qualifications
Education
- For all Financial Analysts it is a requirement to have completed a bachelor’s degree from an accredited college or university, with major course of work in accounting, business, public administration, or a closely related field. Such education must include at least twenty-four (24) semester (36 terms) credits of coursework in accounting, finance, or economics.
In addition, Financial Analysts with a master’s degree, such as Master in Business Administration, Master in Finance, Masters in Economics, and other appropriate and related courses of study meet the minimum experience required for Financial Analyst II.
Experience
In addition to the minimum education requirements, the following experience requirements also apply:
For entry into the Financial Analyst position, one (1) year of professional experience providing a systematic review, analysis, interpretation, and evaluation of budgets, loans or other financial data is preferred but not required. Financial Analyst must demonstrate proficiency with integrated word processing and spreadsheet functions.
For selection, appointment to a Financial Analyst level II or higher, in addition to the minimum education requirements, more progressive levels of experience are required based on the following:
Financial Analyst II – at least two (2) years of experience
Equivalency
Equivalent combinations of education and experience that provide the required knowledge, skills, and abilities will be evaluated on an individual basis.
Supplemental Information
Evaluation Plan
- Interview: 70%
- Evaluation of Training, Experience & Personal Qualifications: 30%
- Total of Interview and Evaluation T.E.P: 100%
Additional points may be awarded for:
- Veteran Points: 0 – 15 points
- Detroit Residency Credit: 15 points
LRD: 01/22/2025
KNOWLEDGE, SKILLS, AND ABILITIES
Professional knowledge of accounting and, as required, auditing concepts, principles, and methods sufficient to work independently using conventional procedures and practices to do intermediate level work such as:
- Standardized bookkeeping processes, accounting terminology, generally-accepted accounting procedures (GAAP), accounting techniques, and other financial rules and regulations
- Business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, and coordination of people and resources
- Economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data
- Structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar
- Arithmetic, algebra, geometry, calculus, statistics, and their applications
- Standard procurement policies and practices
- Personal computer capabilities and the application of computer systems to issues of format and content in City and departmental financial management
- Enterprise resource planning systems for finance, budget, general ledger, human resources, and other management systems and software programs
Intermediate Skill-Level in:
- Identifying, synthesizing, and evaluating simple to semi-complex budget related issues and assignments, consolidating information from a variety of sources, and selecting appropriate analytical approaches
- Presenting concise financial and operational information (orally, written, and/or using PowerPoint or Word) to a variety of audiences
- Use of Microsoft Office (i.e. Word, Excel, Access, PowerPoint, and / or other office suite software packages)
- Use of Excel (e.g. Pivot Tables, Vlookup, Hlookup, charts, tables, and / or other related software packages) functionality
- Communicating in writing clearly and effectively, demonstrate this skill by rendering technical details and reports in a form readily understandable to management and the public
- Understanding written sentences and paragraphs in work related documents
- Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times
- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems
- Talking to others to convey information effectively
- Establishing and maintaining good working relationship with other City employees and the public
Ability to:
- Collect, quickly interpret, and analyze information from a variety of sources, apply criteria, draw conclusions, and develop recommendations, guidelines, and policies
- Read, interpret, and effectively analyze professional and technical reports
- Choose the right mathematical methods or formulas to solve a problem
- Plan, coordinate, set priorities, and supervise staff and others engaged in diversified fiscal analysis and forecasting activities
- Communicate information and ideas clearly and effectively both orally and in writing so they can be understood
- Read and understand information and ideas presented in writing
- Add, subtract, multiply, or divide quickly and correctly
- Apply general rules to specific problems to produce answers that make sense
- Work tactfully and effectively with employees, supervisors and managers, taxpayers, and with elected and appointed officials and senior staff in assigned Departments and Agencies
- Take initiative to acquire additional knowledge and education to remain current in field
- Work as part of a team
PHYSICAL DEMANDS
- The work is characterized as sedentary.
- Typically Financial Analysts sit comfortably to do their work, interspersed by brief periods of walking, standing, bending, carrying of papers and books, and extended periods requiring the use of computer terminals to accomplish work objectives.
WORK ENVIRONMENT
- Work is performed in a comfortable office environment which is appropriately lighted, heated and cooled.
- The work environment contains no significant hazards. Some work may require walking and standing in conjunction with travel to and attendance at meetings and conferences away from the work site.
- The Financial Analyst may encounter individuals that are upset.
- During extended periods each year, Financial Analysts may be required to work considerable overtime.
Candidates considered for placement in this classification may be subject to a Criminal Background Investigation based on the requirements of the position.
The above statements describe the general nature and level of work performed by employees assigned to the class. Incumbents may be required to perform job-related responsibilities and tasks other than those stated in this specification. Specific job duties may vary from position to position. The City of Detroit is an Equal Opportunity Employer. No applicant for employment shall be discriminated against on the basis of race, color, national origin, sex, religion, age, disability, or other criteria prohibited by City, State, or Federal law.
EMPLOYMENT BENEFITS
The City of Detroit offers a competitive and comprehensive employee benefit package. We pride ourselves on the longevity of our employees. Part of the reason for the low turnover rate is the exceptional benefit package listed below. Benefits include, but are not limited to the following:
HEALTH
The City also has the following paid and unpaid leaves; funeral leave, Family and Medical Leave, jury duty, military duty leave, unpaid personal leave,
RETIREMENT BENEFITS
City Employees Retirement System
As a regular City employee you automatically become a member of the General Retirement System. This entitles you to a retirement allowance after:
ADVANCEMENT OPPORTUNITIES - Employees have many opportunities for growth and career advancement throughout all City departments and divisions.
Have a successful career with the City of Detroit. Always remember that you are a part of a team with a common Vision of delivering excellent service to the citizens of the City of Detroit.
HEALTH
- Medical - Eligible for hospital, surgical, and prescription drug benefits.
- Dental
- Vision
- Life Insurance - Optional group insurance available to employee and their family. The City pays 60% of premium for first $12,500 of employee life insurance. Employee may purchase, at own expense, life insurance for spouse and each dependent.
- Long-Term Disability Insurance (Income Protection Plan) - The City offers disability insurance through payroll deductions for persons who become disabled and who are not yet eligible for a service retirement.
- Sick Leave
- Vacation
- Holidays
The City also has the following paid and unpaid leaves; funeral leave, Family and Medical Leave, jury duty, military duty leave, unpaid personal leave,
RETIREMENT BENEFITS
City Employees Retirement System
As a regular City employee you automatically become a member of the General Retirement System. This entitles you to a retirement allowance after:
- Completion of thirty (30) years of service;
- At age sixty (60) if you have at least ten (10) years of service, or
- At age sixty-five (65) with eight (8) years of service.
- In the event of disability, other eligibility rules apply);
- An early, actuarially reduced, retirement is offered after you have attained at least twenty-five (25) years of service;
- Employees are vested after ten (10) years of service, regardless of age.
ADVANCEMENT OPPORTUNITIES - Employees have many opportunities for growth and career advancement throughout all City departments and divisions.
Have a successful career with the City of Detroit. Always remember that you are a part of a team with a common Vision of delivering excellent service to the citizens of the City of Detroit.
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