Financial Analyst III – Commerce Finance

• Full-Time
• Salary – $30 - $39.68 Hourly Wage
• Hybrid
• Benefits Eligibility – This position is eligible for a full benefits package.

The Utah Department of Commerce is seeking an experienced Financial Analyst III to join its Finance team.

* This job posting may close at any time after the minimum advertising period of three (3) business days has passed, should a sufficient applicant pool be received. Applicants are encouraged to apply as early as possible.

This position provides advanced financial analysis, budget execution, financial reporting, forecasting, reconciliation, and financial management support across the Department of Commerce.

Because of the complexity and pace of the work, Commerce is particularly interested in candidates who have experience performing financial functions within Utah State government and who are familiar with statewide financial systems, processes, policies, and budget requirements.

The successful candidate will be expected to quickly assume responsibility for assigned financial portfolios and perform complex assignments with a high degree of independence.

The Ability to attend the initial training period in-person at our Salt Lake City office, with the understanding that hybrid telework (up to 3 days per week) is available once you have demonstrated understanding and competency in the basic functions of the position.

• Serve as the primary Finance analyst for assigned divisions, programs, appropriations, and funds.
• Monitor budgets, expenditures, revenues, available balances, encumbrances, commitments, and other financial activity.
• Maintain an understanding of the financial condition of assigned programs and identify emerging issues, risks, and funding pressures.
• Analyze financial activity and identify trends, discrepancies, unusual transactions, and potential financial concerns.
• Develop expenditure and revenue forecasts and provide supporting analysis and recommendations.
• Prepare recurring and ad hoc financial reports for Finance leadership, division management, and department executives.
• Review financial data for accuracy, completeness, consistency, and compliance with applicable policies and requirements.
• Research and resolve discrepancies between financial systems, reports, supporting documentation, and program records.
• Analyze appropriated funds, dedicated credits, restricted funding, enterprise activity, and other funding structures as assigned.
• Monitor purchase orders, encumbrances, commitments, and other obligations affecting available funding.
• Support fiscal year-end closing, reconciliations, carry forward analysis, and fiscal-year transition activities.
• Develop and maintain budget execution tools, spreadsheets, dashboards, financial models, queries, and management reports.
• Perform revenue, fee, cost, workload, and cost-recovery analysis.
• Support development and review of legislative fiscal notes and other legislative financial analysis.
• Assist with budget requests, funding analyses, legislative information requests, and financial taskings from statewide and department leadership.
• Research statutes, appropriations, financial records, historical activity, and other information necessary to answer complex financial questions.
• Identify opportunities to improve financial processes, strengthen controls, reduce manual work, and improve the quality and timeliness of financial information.
• Develop procedures, documentation, templates, and analytical tools that improve consistency and efficiency.
• Provide financial guidance and technical assistance to department employees and program managers.
• Coordinate with accounting, purchasing, budget, division administration, and other state financial partners.
• Perform advanced financial…