Financial Analyst III – Commerce Finance

Financial Analyst III Commerce Finance

FT / PT Status Full-Time
Benefits EligibilityThis position is eligible for a full benefits package.
Salary $30 - $39.68 Hourly Wage
Remote Work / In-Office Hybrid

Recruiter Tehra Gorski
Application Deadline 10/12/2026*

*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.

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

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.

The Opportunity
Commerce Finance supports multiple divisions programs appropriations funds revenue streams and financial structures.

The Financial Analyst III will serve as a senior working analyst responsible for assigned portions of the departments financial portfolio. The position will analyze financial activity monitor budget execution identify emerging issues develop forecasts and recommendations resolve discrepancies and provide usable financial information to Finance and department leadership.

This position is well suited for an experienced government financial professional who understands how financial transactions connect to appropriations budgets revenues fund balances program operations and management decisions.

Key Responsibilities

Day-to-day responsibilities of this position:

Responsibilities may include:

• 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 carryforward 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 analysis and special projects with limited supervision.

Qualifications

Minimum or day-one qualifications:

• 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.
  
• 4 or more years of combined professional experience and education performing governmental budgeting accounting financial management or closely related financial analysis. (Note: A degree is not required. Relevant higher education in Finance Accounting Public Administration or a closely related field may be substituted for experience on a year-for-year basis).
• Experience independently managing complex financial assignments including analyzing and reconciling financial information from multiple systems or sources.
  
• Experience using Microsoft Excel to analyze financial data including formulas lookups pivot tables or comparable analytical functions.
  
• Experience using financial information systems and reporting tools to research transactions identify discrepancies and prepare financial reports.
  
• Experience developing financial forecasts models analyses or recommendations for management decision-making.
  
• Experience interpreting and applying financial policies statutes rules or established procedures.
  
• Experience clearly communicating complex financial information to executive leadership program leadership or other financial and non-financial stakeholders.
  
• Experience preparing professional written financial analyses explanations recommendations or briefing materials.
  
• Ability to professionally represent the Finance Office in meetings and respond accurately to questions from division directors executive leadership central budget offices legislative staff auditors or similar stakeholders.
  
• Ability to manage competing priorities and communicate effectively in a fast-paced environment with recurring and time-sensitive deadlines.
  

Preferred or trainable/on-the-job qualifications:

• 7 or more years of combined professional experience and education performing governmental budgeting accounting financial management or closely related financial analysis. (Note: A degree is not required. Relevant higher education in Finance Accounting Public Administration or a closely related field may be substituted for experience on a year-for-year basis).
  
• Current or recent professional State of Utah government budgeting accounting or financial-management experience.
  

Relevant experience may include:

• FINET or other Utah State financial systems.
  
• Utah State budget development and execution.
  
• State appropriations and appropriation structures.
  
• Dedicated credits and other state revenue sources.
  
• Governmental fund accounting.
  
• Revenue and expenditure analysis.
  
• Financial forecasting.
  
• Fiscal-year closeout and year-end processes.
  
• Encumbrance and purchase-order management.
  
• Financial reconciliations.
  
• Legislative fiscal notes.
  
• Budget requests and funding analysis.
  
• Financial taskings involving statewide financial partners such as the Governors Office of Planning and Budget Office of the Legislative Fiscal Analyst or Division of Finance.
  
• Utah State financial policies and procedures.
  
• Advanced Microsoft Excel.
  
• Power Query Power BI or comparable reporting and analytical tools.
  
• Development of financial dashboards models queries or automated reporting.
  
• Process improvement and development of financial controls or procedures.

Who Should Consider Applying

This position may be a strong opportunity for a financial professional who has developed significant experience working with the State of Utah and is ready for increased responsibility and ownership.

Candidates do not need to currently hold the Financial Analyst III classification to demonstrate the knowledge and experience necessary to succeed in the position.

Successful candidates may have experience:

• Independently researching and resolving complicated financial issues.
  
• Managing budgets programs funds or financial portfolios.
  
• Providing financial guidance to managers or program personnel.
  
• Performing analysis beyond routine transaction processing.
  
• Developing spreadsheets queries reports dashboards or other analytical tools.
  
• Identifying and resolving reconciliation issues.
  
• Improving existing financial processes.
  
• Translating financial data into information leadership can use to make decisions.

What Success Looks Like

The Financial Analyst III will be expected to become a trusted financial resource for assigned programs and portfolios.

The successful analyst will understand the financial condition of assigned areas identify issues proactively provide accurate and timely analysis develop practical recommendations and complete complex financial assignments with progressively less direction.

Commerce Finance is actively improving how financial information is analyzed reported and used throughout the department. This position will have a meaningful role in that work and an opportunity to develop broad experience across Utah State governmental finance.

Knowledge Skills and Abilities

The successful candidate should demonstrate:

• Knowledge of governmental budgeting accounting and financial management principles.
• Ability to analyze large or complex financial datasets.
  
• Ability to interpret financial activity and identify trends discrepancies risks and emerging issues.
  
• Ability to reconcile information from multiple systems and sources.
  
• Strong Microsoft Excel skills.
  
• Experience using financial information systems and reporting tools.
  
• Ability to develop financial forecasts models reports and recommendations.
  
• Ability to understand and apply financial policies statutes rules and procedures.
  
• Ability to communicate complex financial information clearly to financial and non-financial audiences.
  
• Ability to manage competing priorities and meet recurring and time-sensitive deadlines.
  
• Ability to develop practical solutions to financial and operational problems.
  
• Strong written and verbal communication skills.
  
• Commitment to accountability and responsible stewardship of public resources.

About the Role

Location
160 East 300 South
Salt Lake City Utah 84111
United States
Background Check Required You must successfully pass a criminal history check.
Drug Test Required No
Schedule Code B - Competitive Career Service

Why You Should Join Our Team
In Utah we believe hard work is important but balance is essential. Finding work/life balance is a vital element to our culture. To find out more about WHY Utah click here. Other benefits may include:

• Job Stability: Enjoy the security and reliability of employment within a well-established organization.
• Career Growth: Develop valuable skills and gain opportunities for leadership within a large organization.
• Meaningful Work: Contribute to an important service that benefits the community and supports organizational goals.
• Supportive Work Environment: Be part of a team that values cooperation strong work ethics and mutual support.

The Agency
The Department of Commerce is the licensing and registration agency for Utahs professional and business community. The Division of Corporations and Commercial Code provides oversight of business registrations trademarks and Uniform Commercial Code filings.

The Departments vision is to contribute to the success of Utah businesses professionals and consumers by creating a favorable economic Departments mission is to promote commerce and protect Utah consumers through fair commercial and professional practices.You should visit the agency website to learn more.

Supplemental Information

• Job Classification: Financial Analyst III (14216).
  
• Please note a positions eligibility for remote work is established by agency management and is subject to change at their discretion at any time and for any reason.
  
• We are interested in every qualified candidate who is eligible to work in the United States. We are unable to sponsor or take over sponsorship of an employment visa at this time.
  
• As a condition of employment with the Department of Commerce employees shall receive compensatory time off in lieu of payment in cash for all overtime worked under the Fair Labor Standards Act (FLSA).
  
• DHRM rules apply for promotions/transfers.
  
• Effective July 1 2021 in-state work rules require all work to be performed while physically within the states borders.
  
• Risks found in the typical office setting which is adequately lighted heated and ventilated e.g. safe use of office equipment avoiding trips and falls observing fire regulations etc.
• Typically the employee may sit comfortably to perform the work; however there may be some walking; standing; bending; carrying light items etc. Special physical demands are not required to perform the work.

EEO Statement
The State of Utah is committed to equal employment opportunity regardless of race color ancestry religion sex national origin sexual orientation age citizenship marital status disability gender identity or Veteran status. We also consider qualified applicants regardless of criminal histories consistent with legal requirements. For accommodations please contact .

Required Experience:

IC