Financial Analyst

$59,800 - $59,800/Yr

State of Indiana - Indianapolis, IN

posted about 2 months ago

Full-time - Mid Level
Remote - Indianapolis, IN
Executive, Legislative, and Other General Government Support

About the position

Work for Indiana and begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a diverse 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. The Indiana Department of Correction (DOC) promotes 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. This position provides oversight and reporting of the Indiana Department of Correction financial services for assigned funds. The individual will be responsible for approving requisitions and reports of collections, preparing budget impact statements, and all relevant reporting and analysis for funds. The incumbent will create an annual spending plan, biennial budget requests, and biweekly year-end forecasting. Additionally, this individual will request the creation of, and approve, General Ledger journal entries. The essential functions of this role include certifying the accurate reporting of agency financial data, assisting the controller in developing annual and biennium budgets, and monitoring expenditures to ensure compliance with grant provisions. The role also involves reviewing contracts to verify funding sources and adherence to the annual budget, preparing financial data for monthly and quarterly reviews, and assisting in the development of performance measures for contracts and programs.

Responsibilities

  • Certify the accurate reporting of agency financial data with respect to area of assignment.
  • Assist controller in developing annual and biennium budget(s).
  • Monitor expenditures to ensure compliance with grant provisions.
  • Review contracts to verify funding source and adherence to annual budget.
  • Prepare 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.
  • Analyze and research issues of interest for other program areas within the agency.

Requirements

  • Thorough 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.

Nice-to-haves

  • Ability to coordinate workflow of subordinate employees.

Benefits

  • Free parking
  • Health savings account
  • 457(b)
  • Health insurance
  • Dental insurance
  • Tuition reimbursement
  • Employee assistance program
  • Vision insurance
  • 401(k) matching
  • Loan forgiveness
  • Life insurance
  • Referral program
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