Budget Analyst

2 months ago

Indianapolis, Indiana, United States State Of Indiana Full time
Work for Indiana


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.


At the State of Indiana, we don't just talk about diversity and inclusion—we make it our goal to create a welcoming, accessible, and equitable workplace with a workforce that is representative of Indiana's population.

As a proud equal opportunity employer, 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.


About the Indiana Department of Education (IDOE):
The Indiana Department of Education provides innovative support to Indiana schools, teachers, students, and parents. We proactively work with educators, policymakers, business leaders, and community-based organizations to build student success.

Our strategic priorities include:

  • Delivering quality, purposeful educational opportunities for each student
  • Elevating and supporting Indiana's educators
  • Increasing partnerships and delivering aligned, effective, and efficient support

Salary:
This position traditionally starts at an annual salary of $59,800. Salary for this position may be commensurate with education and job experience.

Role Overview:
The Budget Analyst supports the Director of Accounting and one or more Controllers who oversee assigned service lines.

This includes maintaining the ledger system which provides important financial information to the CFO, Director of Finance, Assistant Superintendents, and Directors.

Your work will reflect the agency's vision, mission, and objectives as well as outcomes of the Finance Division and Accounting Department.


A Day in the Life:
The essential functions of this role are as follows:

  • Act as the Finance Division Subject Matter Expert (SME) for the Encompass General Ledger module.
This includes creating journal entries, budget journals and researching accounting problems in PeopleSoft. The Budget Analyst will also allot funds when directed to do so.

  • Act as the Finance Division SME for the Encompass Project Costing module.
This includes creating, increasing, or decreasing federal projects and funding sources.

  • Input accounting entries for Report of Collections.
  • Complete the indirect cost calculation for the federal projects.
  • Work with other agencies concerning MOU projects to give or receive funds per the MOU and record the information in PeopleSoft.
  • Work with GMIS and other state agencies quarterly to create invoices in PeopleSoft as needed in order to draw down federal funds.
  • Work closely with the State Budget Agency Analyst assigned to DOE.


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.

What You'll Need for Success:
You must meet the following requirements to be considered for employment:

  • Bachelor's Degree in Accounting (or related field) or 6 years experience in state government accounting
  • Extensive knowledge of the theories, principles, and practices of governmental accounting, budgeting, and auditing
  • Extensive knowledge of fund accounting and grant reconciliation
  • Extensive knowledge of agency organization and function
  • Extensive knowledge of federal and state accounting and bookkeeping laws, policies and procedures
  • Specialized knowledge of the state government organization and function
  • Specialized knowledge of PeopleSoft
  • Ability to prepare budgets
  • Ability to develop effective work relationships
  • Ability to prepare and interpret complex financial statements and reports
  • Ability to reconcile discrepancies between accounts
  • Ability to solve relatively complex accounting and budgeting problems.
  • Knowledge of federal and state laws, policies, Financial Management Circulars, and guidelines specific to the incumbent's area of funding and/or program(s).

Supervisory Responsibilities/Direct Reports:
This role may be utilized in a supervisory capacity based on agency needs.

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
  • Flexible work scheduling options, including the potential for hybrid remote work for employees whose work may be performed outside state facilities
  • Deferred compensation 457B account (similar to 401k 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

  • 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.

Our policy is to provide equal employment opportunity to all people in all aspects of employer-employee relations without discrimination because of race, color, creed, religion, sex, national origin, ancestry, age, sexual orientation, gender identity, physical or mental disability, or veteran status.

We will comply with the spirit as well as the letter of all applicable state and federal laws.

If you are a qualified individual with a disability and require reasonable accommodations to complete this application, you can request assistance by contacting the Indiana State Personnel Department at

The State of Indiana has established a culture that welcomes equity, inclusion, and opportunity for all employees and applicants.

We encourage you if you feel you have the transferrable skills to be successful in this position and we look forward to reviewing your application.

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