Financial Analyst

EEO & ADA Statement:
The State of Ohio is an Equal Employment Opportunity Employer and prohibits discrimination and harassment of applicants or employees due to protected classes as defined in applicable federal law, state law, and any effective executive order.

The Ohio Bureau of Workers' Compensation is committed to providing access and reasonable accommodation in its employment opportunities pursuant to the Americans with Disabilities Act and other applicable laws. To request reasonable accommodations related to disability, pregnancy, or religion, please contact the ADA mailbox BWCADA@bwc.ohio.gov.

BWC OCSEA Selection Rights:
This position shall be filled in accordance with the provisions of the OCSEA Collective Bargaining Agreement. BWC bargaining unit members have selection rights before non-bargaining unit members. All other applications will only be considered if an internal bargaining unit applicant is not selected for this position.

Salary Information:
Hourly wage is expected to be paid at step 1 of the pay range associated with the position for candidates who are new employees of the state.  Current employees of the state will be placed in the appropriate step based on any applicable union contract and/or requirements of the Ohio Revised Code. Movement to the next step of the pay range (a roughly 4% increase) will occur after six months, assuming job performance is acceptable. 

Educational Transcripts:
For any educational achievements to be considered during the screening process, you must at least attach an unofficial transcript that details the coursework you have completed.

All applicants must submit an Ohio Civil Service Application using the online Ohio Hiring Management System. Paper applications will not be accepted.

Background Check:

Prior to an offer of employment, the final applicant will be required to sign a background check authorization form and undergo a criminal background check. Criminal convictions do not necessarily preclude an applicant from consideration for a position.

Ohio is a Disability Inclusion State and strives to be a model employer of individuals with disabilities. The State of Ohio is committed to providing access and inclusion and reasonable accommodation in its services, activities, programs and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.

The State of Ohio is a drug-free workplace which prohibits the use of marijuana (recreational marijuana/non-medical cannabis). Please note, this position may be subject to additional restrictions pursuant to the State of Ohio Drug-Free Workplace Policy (HR-39), and as outlined in the posting.

BWC’s core hours of operation are Monday-Friday from 8\:00am to 5\:00pm, however, daily start/end times may vary based on operational need across BWC departments.  Most positions perform work on-site at one of BWC’s seven offices across the state.  BWC offers flex-time work schedules that allow an employee to start the day as early as 7\:00am or as late as 8\:30am. Flex-time schedules are based on operational need and require supervisor approval. 

What Our Employees Have to Say:
BWC conducts an internal engagement survey on an annual basis.  Some comments from our employees include:

• BWC has been a great place to work as it has provided opportunities for growth that were lacking in my previous place of work.
• I have worked at several state agencies and BWC is the best place to work.
• Best place to work in the state and with a sense of family and support.
• I love the work culture, helpfulness, and acceptance I've been embraced with at BWC.
• I continue to be impressed with the career longevity of our employees, their level of dedication to service, pride in their work, and vast experience. It really speaks to our mission and why people join BWC and then retire from BWC.

If you are interested in helping BWC grow, please click this link to read more, and then come back to this job posting to submit your application!

What You’ll Be Doing:

• Join our Investment Accounting (IA) team in an entry‑level Financial Analyst role, partnering closely with Senior Financial Analysts on a variety of meaningful and high‑impact projects.

• Take ownership of preparing a daily reconciliation packet to support accurate and timely monthly accounting records.
• Work with senior staff to identify breaks,  communicate with vendors, and escalate items to management as needed to resolve discrepancies in the accounting records.
• Examine and analyze financial data to ensure accuracy, completeness, and compliance with established reporting and procedural standards.
• Apply strong critical‑thinking skills to manage time effectively, prioritize multiple tasks, solve problems, and draw clear, well‑supported conclusions.

A Little About Us:
With roughly 1,500 employees in seven offices across Ohio, BWC is the state agency that cares for Ohio workers by promoting a culture of safety at work and at home and ensuring quality medical and pharmacy care is provided to injured workers.  
For Ohio employers, we provide insurance policies to cover workplace injuries and safety and wellness services to prevent injuries. 

Our Culture:
BWC is a dynamic organization that offers career opportunities across many different disciplines.  BWC strives to maintain an inclusive workplace.  We begin by being an equal opportunity employer.  Employees can participate in and lead employee work groups, participate in on-line forums and learn about how different perspectives can improve leadership skills.

Our Vision:
To transform BWC into an agile organization driven by customer success.

Our Mission:
To deliver consistently excellent experiences for each BWC customer every day.

Our Core Values:
One Agency, Personal Connection, Innovative Leadership, Relentless Excellence.

At the State of Ohio, we take care of the team that cares for Ohioans. We provide a variety of quality, competitive benefits to eligible full-time and part-time employees*. For a list of all the State of Ohio Benefits, visit our Total Rewards website! Our benefits package includes:

• Medical Coverage
• Free Dental, Vision and Basic Life Insurance premiums after completion of eligibility period
• Paid time off, including vacation, personal, sick leave and 11 paid holidays per year
• Childbirth, Adoption, and Foster Care leave
• Education and Development Opportunities (Employee Development Funds, Public Service Loan Forgiveness, and more)
• Public Retirement Systems (such as OPERS, STRS, SERS, and HPRS) & Optional Deferred Compensation (Ohio Deferred Compensation)

*Benefits eligibility is dependent on a number of factors. The Agency Contact listed above will be able to provide specific benefits information for this position.

30 mos. exp. or 30 mos. trg. in accounting &/or finance to include an intermediate level of experience in spreadsheet software. 
-Or completion of undergraduate core program in business administration, accounting, finance or related field; 6 mos. exp. or 6 mos. trg. in accounting &/or finance to include an intermediate level of experience in spreadsheet software. 
-Or 12 mos. exp. as Financial Associate, 66561. 
-Or equivalent of Minimum Class Qualifications for Employment noted above. NOTE\: Successful completion of the Fiscal Academy may be substituted for 4 mos. of required accounting/fiscal experience referenced in this portion of the minimum qualifications. 
Job Skills: Accounting and Finance

Major Worker Characteristics:

Knowledge of (1)BWC policies & procedures*, (2)cost & financial accounting*, (3)applicable state &/or federal laws, rules, procedures & standards governing fiscal accounting & budgetary operations*, (4)BWC Financial Reporting policies & procedures*, (5)investment accounting &/or finance (e.g., Principles of Accounting, Managerial Accounting, Finance, Auditing, Governmental Accounting), (6)compliance requirements for investment portfolios, asset classes & individual manager portfolios*, (7)trade communications, (10)accounting information systems*, (11)investment information available from the master record keeper (BNY Mellon) & custodial bank,* (12)performance calculations in compliance with Global Investment Performance Standards;* Skill in (1)use of calculator, (2)use of personal computer & peripheral equipment (e.g., printer, keyboard), (3) investment accounting (e.g., preparing investment accounting journal entries, reconciliation of investment portfolios & calculations &/or investment performance calculations), (4)use of MS Office Software (e.g., Word, Access, Outlook), (5)use of MS Excel, (6)communicating, both verbally & in writing to various levels within the organization; Ability to (1)read, interpret & analyze technical financial materials, (2)recommend any accounting & reporting changes as needed & as required*, (3)deal with complex & technical fiscal variables*, (4)gather, collate, classify information about data, people, things, (5)coordinate reconciliation between financial parties & maintain professional verbal & written communications with bank, master record keeper, & outside investment managers, (6)prepare complex financial accounting reports*, (8)prepare &/or edit technical fiscal material*, (9)handle complex financial accounting issues in verbal & written form*, (10)prepare meaningful, accurate & concise reports to include accurate recommendations, (11)use proper research methods to gather data.

 (*) Developed after employment.