Apply on Employer Site

State of Utah · 5 hours ago

Finance and Operations Analyst

Salt Lake County, UT

Full-time

Onsite

Entry Level

2+ years exp

The State of Utah's School and Institutional Trust Funds Office (SITFO) is seeking a Finance and Operations Analyst to support the management of its investment portfolio. The role involves critical finance and accounting tasks, data management, and collaboration with various stakeholders to ensure efficient portfolio operations.

GovernmentInformation TechnologyLaw Enforcement

Responsibilities

Work with investment team, consultants, and external managers to ensure operational data is complete, accurate, and up to date

Monitor and update daily cash reports, highlight material changes, and present fund cash flow forecast to investment team for rebalancing needs

Coordinate various counterparties to ensure that account opening, trade entry, payments, distributions, new investments, and required legal and tax documents are submitted in an accurate and timely manner

Compile and produce reports for understanding the performance and accounting of the portfolio

Assume ownership and accountability of the collection, interpretation, entry, and quality control of investment data

Prepare reconciliations of market values reported by custodian and investment consultants, coordinate necessary updates, and highlight differences for review

Develop and maintain strong working relationships with service providers to ensure clear and timely communication on routine and ad hoc data requests

Monitor upcoming capital calls and distributions for illiquid investments and schedule related transactions

Develop and maintain internal policies and procedures to support investment office functions. Maintain understanding of applicable governmental rules and policies

Conduct financial and accounting entries, reporting, and analysis

Track, monitor and report on the budget and assist in the annual process

Assist with the comprehensive annual financial statements and other audits

Assist in project work and administrative tasks including preparing and implementing budget recommendations, record-keeping functions, financial reports, and other ad-hoc data requests

Qualification

Financial analysisAccounting functionsData managementReport preparationAnalytical skillsCommunication skillsCollaborationProblem-solvingOrganizational skills

Required

A minimum of 2 years of work experience related to business management, accounting, auditing, finance, data-oriented work, or in a comparable field

Preferred

Bachelor's Degree in Business, Accounting, Finance, Economics, or related field

Experience in preparing and interpreting reports, and managing data inputs

Prior experience performing accounting functions, preferably in an investment or finance related role

Strong analytical skills with the ability to think critically and solve complex problems

Ability to apply policies, procedures, rules, and laws to independently make decisions and solve problems in ways that promote the objectives of the organization

A strong interest in institutional finance