Finance and Operations Analyst

State of Utah School & Institutional Trust Funds Office
Salt Lake City, Utah
Depends on Qualifications
May 05, 2021
Jun 04, 2021
Industry Sector
Employment Type
Full Time

The State of Utah School & Institutional Trust Funds Office (SITFO) is looking for a Finance and Operations Analyst. This position will work closely with the Finance and Operations Officer to assist in the successful administration of the School Fund and related entities' $2.9 billion portfolio.
The Finance and Operations Analyst provides critical support in managing portfolio operations including recurring finance and accounting tasks, data entry, data aggregation, procedural development, and other investment operations tasks.  



  • Work with investment team and external managers to ensure operational data is complete, accurate, and up to date.
  • Update and present fund cash flow forecast to investment team for rebalancing needs.
  • 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.
  • Work with various counterparties to ensure that account opening, trade entry, cash movements, and required legal documents are submitted in an accurate and timely manner.
  • Prepare reconciliations of market values reported by custodian and investment consultants, coordinate necessary updates, and highlight differences for review.
  • Monitor daily cash reports provided by custodian and highlight material changes or significant balances for potential action.
  • 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 procedures to support investment office functions.
  • Track investment office budget and assist in annual update process.
  • Assist with the comprehensive annual financial audit.
  • Assist in project work and administrative tasks where needed
  •  Preferred Qualifications

    • Bachelor’s Degree in Accounting, Finance, Economics, or related field.
    • A minimum of 2 years of work experience, ideally to include a comparable investment organization; accounting, auditing, or other financial and data-oriented work experience. 
    • A strong interest in institutional finance.

     Personal Characteristics

  • Attention to detail and proven high-level of accuracy with excellent organizational skills. 
  • Strong time management skills with the ability to prioritize workflow in a cross-functional team, while also being comfortable with ambiguity. 
  • Good communication skills with an interpersonal style that fits within a collaborative, team-oriented culture.
  • Demonstrated ability to be a self-starter, multi-tasker, and someone who works well both independently and as a member of a team.
  • Strong motivation with the ability to see projects through to completion in a timely manner with limited guidance and a solutions-oriented mindset. 
  • Ability to work effectively under pressure.
  • Ability to work effectively as a remote team member until the offices reopen.
  • High ethical standards, and a commitment to the fiduciary responsibilities bestowed upon SITFO. 
  • Understanding and appreciation for working in a small government agency, as well as the mission and values of SITFO.
  • Ability to build strong, trust-based relationships with a broad variety of internal and external contacts, such as consultants, managers, vendors, peer institutions, and other state agencies.
  • Deep intellectual curiosity and critical reasoning skills with capacity to ask insightful questions.
  • Values continuous learning and demonstrates an openness to new information - a person who seeks to expand knowledge and effectiveness as an investment professional, leader, and human, while being open to feedback with a willingness to grow.
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