Financial Analyst 9-P11 - Trainee - Lottery Retailer Collections Analyst

$54,766 - $81,806/Yr

Unclassified - Lansing, MI

Full-time - Entry Level

Remote - Lansing, MI

About the position

The Financial Analyst position at the Michigan Lottery involves providing in-depth financial analysis and support related to retailer financial data. The role focuses on assessing the creditworthiness of license applicants and established licensees by reviewing various financial factors, including bank transactions and inventory levels. The analyst will also perform statistical analysis, risk modeling, and serve as a financial resource for various departments, ensuring compliance with the McCauley-Traxler-Law-Bowman-McNeely Lottery Act of 1972.

Responsibilities

• Review and analyze retailer financial data including bank transactions and inventory levels.
• Determine business creditworthiness of license applicants and established licensees.
• Perform statistical analysis and risk modeling.
• Provide financial expertise to Retailer Services, Security, and Internal Legal Counsel.
• Collect all Lottery retailer receivables and outstanding debts.
• Maintain collection and Treasury referral files.
• Monitor bonds and provide retailer support regarding weekly settlements and inventory management.

Requirements

• High school diploma or GED.
• Bachelor's degree with at least 12 semester credits in accounting, finance, or economics.
• 1 year of experience in financial analysis or related field (entry level).

Nice-to-haves

• Experience in public health or accounting.
• Strong analytical skills.

Benefits

• Paid parental leave
• Health savings account
• Paid holidays
• Disability insurance
• Dental insurance
• 401(k)
• Flexible spending account
• Vision insurance
• 401(k) matching
• Loan forgiveness
• Flexible schedule