Financial Analyst

Work for Indiana

Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a range of opportunities across 60+ agencies. At the state, youll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, youll have the chance to make a real and measurable impact on the lives of Hoosiers across Indiana.

About Indiana Department of Correction (IDOC):

We promote public safety by providing meaningful, effective opportunities for successful re-entry. As the model of best correctional practices, we strive to return productive citizens to our communities and inspire a culture of accountability, integrity, and professionalism. To learn more about Indiana Department of Correction, click here.

Role Overview:

This position entails a diverse array of responsibilities that necessitate exceptional interpersonal, written communication, and organizational skills, as well as sound judgment, creativity, and the ability to interpret contracts. Due to the intricate nature of procurement processes, candidates must demonstrate comprehensive application of innovative, budgetary, legal, administrative, and agency guidelines. Effective collaboration with professionals and executives, including legislative, legal, and budgetary personnel across multiple agencies-is required to manage funding-related matters. The role demands independent and creative problem-solving, advanced writing proficiency, and strong analytical abilities to address, resolve, and provide recommendations concerning various grant development issues. Reporting directly to a Budget Analyst, this position works closely with the CFO and Controller - Fiscal Operations.

Salary:

The salary for this position traditionally starts at $59,800.00 but may be commensurate with education and work experience. Use our Compensation Calculator to view the total compensation package.

A Day in the Life:

The essential functions of this role are as follows:

• Certify the accurate reporting of agency financial data with respect to area of assignment.
• Assist controller in developing annual and biennium budget(s).
• Responsible for the monitoring of expenditures are met in accordance with grant provisions.
• Assist controller in monitoring expenditures on an ongoing basis to ensure budget compliance.
• Review contracts to verify funding source and adherence to annual budget.
• Assist in preparation of financial data for monthly and quarterly financial reviews.
• Work with contract compliance officer on all financial related matters.
• Assist in the development of performance measures for contracts and programs.
• Assist controller in developing and / or revising funding models for current or future agency programs.
• Analyze and research issues of interest for other program areas within the agency, identifying patterns and trends.

The job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time.

This position is exempt from overtime compensation for additional work hours which may be required to complete essential functions or other assigned work. Exempt employees may work more than 75 hours in a pay period without additional compensation and must report a minimum of 75 hours per pay period of work hours and/or paid leave taken to receive their base biweekly salary.

What Youll Need for Success:

Individuals in this role should minimally be able to articulate or demonstrate the following:

• Through knowledge of the theories, principles, and practices of public finance.
• Extensive knowledge of federal and state laws, policies, and procedures as they pertain to public finance programs.
• Extensive knowledge of agency organization, function, and purpose.
• Specialized knowledge of automated fiscal systems.
• Advanced knowledge of computer and software programs and the ability to utilize these skills in assigned job functions.
• Excellent organizational and interpersonal skills.
• Dependability, attention to detail, good time management and multi-tasking skills.
• Flexibility and adaptability to respond quickly to issues and needs.
• Ability to communicate effectively with agency (non-agency) Finance staff.
• Excellent written and verbal communication skills.
• Ability to organize, prioritize and manage workflow.
• Excellent problem solving and analytical skills.
• Ability to accurately review, track and analyze financial data.
• Ability to understand and write reports, data collection and reporting procedures.
• Formulate sound recommendations and make appropriate decisions with the consideration of potential impact on agency programs.
• Ability to analyze and audit fiscal accounts, contracts, records, claims transactions and financial reports.
• Ability to coordinate workflow of subordinate employees.

A degree is not required.

Individuals should have the ability to perform essential functions with or without reasonable accommodation.

Supervisory Responsibilities/Direct Reports:

This role may serve as a team lead for an assigned work group.

Benefits of Employment with the State of Indiana:

The State of Indiana offers a comprehensive benefit package for full-time employees which includes:

• Three (3) medical plan options (including RX coverage) as well as vision and dental plans

• Wellness Rewards Program: Complete wellness activities to earn gift card rewards

• Health savings account, which includes bi-weekly state contribution

• Deferred compensation 457(b) account (similar to 401(k) plan) with employer match

• Two (2) fully-funded pension plan options

• A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to:

• 150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers

• Up to 15 hours of paid community service leave

• Combined 180 hours of paid vacation, personal, and sick leave time off

• 12 paid holidays, 14 on election years

• Education Reimbursement Program

• Group life insurance

• Referral Bonus program

• Employee assistance program that allows for covered behavioral health visits

• Qualified employer for the Public Service Loan Forgiveness Program

• Free Parking for most positions

• Free LinkedIn Learning access

Equal Employment Opportunity:

The State of Indiana is an Equal Opportunity Employer and is committed to recruiting, selecting, developing, and promoting employees based on individual ability and job performance. Reasonable accommodations may be available to enable individuals with disabilities to complete the application and interview process as well as perform the essential functions of a role. If you require reasonable accommodations to complete this application, you can request assistance by contacting the Indiana State Personnel Department at jobs@spd.IN.gov.