NEOGOV · 1 month ago
Financial Analyst IV - Retirement Systems
Michigan, MI
Full-time
Onsite
Mid, Senior Level
$85K/yr - $112K/yr
4+ years expNEOGOV is seeking a Financial Analyst IV to join the Retirement System of the City of Detroit. The role involves overseeing middle and back-office operations, settling trades, maintaining databases, and conducting financial planning and analysis for the pension plan.
GovTechHuman ResourcesInformation TechnologySoftware
Responsibilities
Research and resolve investment operations and accounting issues in a timely and accurate manner
Identify, review and evaluate prospective investment opportunities
Ensure the integrity of performance data
Generate and reconcile weekly, monthly, quarterly and annual investment reports
Administers daily oversight of investment and settlement operations
Process investment cash flows and assist with cash forecasts
Maintain ongoing relationships with the custodial banks, vendors, and internal groups
Prepare materials for Investment Committee meetings and Board meetings
Track and maintain investment-related information on central spreadsheets and databases
Manage operations requests from Investment and Pension Officers
Partners with City Agencies to oversee the development of multi-year operating and capital plans, reserve forecasts, and long range financial strategies
Manages the strategic financial modeling, annual target setting, and annual business planning process for City Agencies to assess financial implications and support complex business decisions
Informs investment decisions by analyzing financial information to forecast City, industry, or economic conditions
Prepares plans of action for investment, using financial analyses
Recommends, develops, implements, and monitors financial and operational policies, guidelines, processes, procedures, internal controls, and performance measures
Analyzes and evaluates the financial and business operations and transactions engaged in by many different departments/agencies
Engages in all aspects of setting and refining strategy, major strategic analyses, and the operating budget for City Agencies
Performs cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods
Evaluates monthly financial and operational performance against plan, prior year, and forecast
Drives functional enhancements to planning and forecasting processes and activities and implements best practices
Analyzes and reviews prior year expenditures, grant balances, and fund sources and prepares detailed financial forecasts, cost projections, and recommendations based on actual results
Prepares, provides, reviews, and responds to 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
Prepares regular and ad-hoc financial and operational reports
Consults with managers to ensure that budget adjustments are made in accordance with program changes
Performs special projects and other duties as assigned
Qualification
Required
Bachelor's degree from an accredited college or university, with major course of work in accounting, business, public administration, or a closely related field
At least twenty-four (24) semester (36 terms) credits of coursework in accounting, finance, or economics
Four (4) years of professional experience providing a systematic review, analysis, interpretation, and evaluation of budgets, loans or other financial data
Proficiency with integrated word processing and spreadsheet functions
At least four (4) years of experience for Financial Analyst IV
Two (2) years of verifiable experience leading teams and/or providing guidance and training to subordinate staff
Preferred
Minimum three (3) years of work experience in an investment organization, such as a pension plan, endowment, foundation, private equity fund, or asset management firm
Benefits
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.
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.
Company
NEOGOV
NEOGOV is the leading provider of workforce management software uniquely designed for the public sector, education, and public safety.
501-1000 employees
H1B Sponsorship
NEOGOV has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (13)
2024 (10)
2023 (10)
2022 (18)
2021 (14)
2020 (16)
Funding
Current Stage
Late StageTotal Funding
$700MKey Investors
Warburg Pincus
2025-07-28Secondary Market· $700M
2025-07-28Acquired
2021-06-02Private Equity
Leadership Team
Shane Evangelist
CEO
Brandon McDonald
Head Of Marketing
Recent News
Canada NewsWire
2025-11-14
2025-11-14
Government Technology US
2025-10-31
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