Budget Analyst
Indianapolis, IN, US, 46204
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, you'll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, you'll have the chance to make a real and measurable impact on the lives of Hoosiers across Indiana.
About the Department of Child Services (DCS):
Join a group of passionate, dedicated public servants to support one of Indiana’s most critical missions!
The Department of Child Services helps children who are victims of abuse or neglect and strengthens families through services that focus on family support and preservation. We pursue permanency for children and families through reunification, guardianship, and adoption. Our services also encompass foster care, child support, and transitional support for those adjusting to adulthood. Our culture is built upon our MVP foundation:
Mission: Champion Indiana’s future by protecting children and strengthening families with compassion and determination.
Vision: Every child in Indiana thrives in a safe, loving, forever home.
Purpose: Ignite hope. Cultivate joy.
Role Overview:
The Budget Analyst monitors and oversees assigned federal and state budgets. This may include grants. You will prepare and maintain financial records, develop and drive process improvements, and ensure alignment with agency goals, state guidelines, and federal regulations. You will assist internal and external customers in creating sound financial management of all resources.
This position is in the central DCS office in Indianapolis, Indiana.
Salary:
This position traditionally starts at an annual salary of $59,800 but may be commensurate with education and job experience.
Use our Compensation Calculator to view the total compensation package.
A Day in the Life:
Responsibilities include:
- Analyze and research activities as they relate to state and federal funding within assigned divisions, ensuring that all regulations and guidelines about the expenditure/revenue transactions are applied to and reconciled in the Agency’s Accounting system to the State's Official Book of Record maintained by the Auditor of State and the Encompass Financials System.
- Monitor and analyze short and long-term personnel costs through various statistical and quantitative methods.
- Prepare and manage annual and biennial budgets.
- Formulate and recommend changes to current operating program, budget policies, workflow, and practices to assist in guiding the Agency to the most efficient use of operating funds.
- Evaluate and complete division requests for transfer between operating accounts.
- Prepare and process Request for Federal Reimbursements (draws) for assigned grants according to federal and state guidelines and verify the accuracy of grant financials supporting the draw.
- Coordinate and provide training to agency program and finance managers to develop and monitor the budget as needed.
- Answer non-routine requests for information on policy interpretation.
- Serve as Encompass module expert to manage Contract, Executive Document Summaries, and Purchases within the Program area assigned, ensuring that budget spending plans are maintained within acceptable levels.
- Serve as liaison with OMB, SBA, and other state funding agencies.
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 that 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 You'll Need for Success:
You must meet the following requirements to be considered for employment:
- Bachelor’s Ddegree in Accounting, Finance, Management, Economics or related field.
- Eight (8) years full-time professional experience in Accounting; Auditing; Financial Analysis; or related experience. At least one (1) year of the required experience must be in an administrative, leadership, managerial, or supervisory capacity. Substitution: Accredited College training in accounting or a related area may substitute for the required experience, except for the administrative, leadership, managerial, or supervisory experience, with a maximum substitution of four (4) years.
- Broad knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.
- Extensive knowledge of state and federal social service program accounting, budgeting, and applicable laws, policies and procedures.
- Broad knowledge and ability to use automated financial and accounting reporting system, PeopleSoft Financials.
- Extensive knowledge of the agency mission, programs, and administrative policies.
- Ability to analyze financial data and prepare financial reports, statements, and projections.
- Advanced computer skills in Excel, Access, Encompass and Hyperion.
- Excellent problem solving and analytical skills.
- Ability to conduct research, draw logical conclusions, prepare technical reports, and make recommendations.
- Ability to formulate sound recommendations and make appropriate decisions with consideration of potential impact on operations.
- Ability to establish and maintain effective working relationships with all levels of management.
- Ability to take initiative and exercise leadership in recommending overall budgetary and performance improvements to division decision makers.
- Ability to solve complex accounting and auditing problems.
- Ability to maintain confidentiality.
- Able to perform essential functions with or without reasonable accommodation.
Supervisory Responsibilities/Direct Reports:
Benefits of Employment with the State of Indiana:
The State of Indiana offers a comprehensive benefits package for full-time employees that 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 contributions
- Flexible work scheduling options, including the potential for hybrid remote work for employees whose work may be performed outside state facilities
- 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 in 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 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.
Nearest Major Market: Indianapolis
