Financial Analyst 9-12 Housing and Homeless Services
State of Michigan
FreshPosted Feb 3
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Posted: February 3, 2026 (1 day ago)
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Financial Analyst II
City of Detroit
Off Chf Financial Officer
Location
Detroit, Michigan, 48226
Salary
$61,490 - $82,528
per year
Type
Full Time
More Finance & Accounting jobs →Closes
February 18, 2026
Job Description
Summary
This job involves helping the City of Detroit manage its money by analyzing budgets, forecasting finances, and supporting departments with planning and problem-solving.
You'll use computer tools to review spending, create reports, and ensure everything runs smoothly under guidance from senior staff.
It's a great fit for someone with a finance or accounting background who enjoys numbers, teamwork, and contributing to city services.
Key Requirements
- Bachelor’s degree in accounting, business, public administration, or related field, with at least 24 semester credits in accounting, finance, or economics
- Proficiency in ERP Cloud applications for financial analysis and reporting
- Experience or ability in strategic planning, budget preparation, and financial modeling
- Skills in developing and monitoring financial policies, internal controls, and performance measures
- Ability to analyze expenditures, grants, and forecasts, and prepare recommendations
- Strong communication skills for responding to inquiries and advising on budget issues
- Proficiency in spreadsheets and data visualization tools for charts and graphs
Full Job Description
Be a Part of the City You Love!
The Office of the Chief Financial Officer - Office of Departmental Financial Services division is accepting applications for a Financial Analyst II position.
Position Summary
The Financial Analyst II performs an expanding range of professional analyst assignments in a developmental capacity.Requirements
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
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.
Additional 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
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