Unemployment Insurance Budget Analyst

State of IndianaIndianapolis, IN
$67,314Onsite

About The Position

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 Indiana Department of Workforce Development (DWD): Our mission is to develop a premier workforce that will allow Indiana employers to flourish and entice businesses from outside our state to relocate to Indiana. Everyone at DWD will be required to think outside-the-box; to determine metrics that will allow for measurement and improvement and efficiencies to be made along the way. Cutting edge technologies will be utilized to help assess Indiana’s employment future. If managed properly, Indiana’s workforce will be second to none and completely prepared for the next phase of the state and country’s economic growth. Role Overview: The Unemployment Insurance (UI) Budget Analyst serves as a core member of the FP&A Division-a centralized strategic financial office designed to ensure agency-wide fiscal transparency, audit readiness, and forward-looking financial modeling. Under the leadership of Department Director, the analyst manages the financial lifecycle of the UI portfolio within DWD's broader $270M+ funding environment. The role emphasizes proactive financial stewardship, deep regulatory compliance, and strategic partnership with program areas to ensure the UI system operates with fiscal integrity and long-range stability.

Requirements

  • Extensive working knowledge of PeopleSoft HR, PeopleSoft Financials, including Query Manager, SCM and Journal Entry.
  • Excellent communication skills in both individual and group settings.
  • Proficient in Microsoft Office products, particularly Excel.
  • Ability to understand and integrate independently complex and sophisticated concepts.
  • Comprehensive knowledge of agency operations, functions, and principles of management and administration.
  • Ability to establish goals, plan activities, coordinate work, evaluate effectiveness, and take corrective actions when necessary.
  • Extensive knowledge of PeopleSoft Financials and Time and Labor.
  • Highly detail-oriented with a focus on providing quality customer service.
  • Extensive knowledge of federal and state laws, regulations, policies, and procedures and how they apply to financial management.
  • Strong verbal and written communication skills.
  • Ability to analyze and solve complex grant, budgeting, and fiscal analysis issues.
  • Ability to prioritize tasks and maintain efficiency and accuracy.
  • A High School Diploma or High School Equivalent (HSE) and at least 8 years of experience in accounting, auditing, financial analysis, or related experience applying the outlined knowledge, skills, and abilities in a similar role may be considered.
  • Ability to perform essential functions with or without reasonable accommodation.

Responsibilities

  • Provide quality monitoring of budgets, reporting and utilization of assigned federal and state grants in coordination with Budget Analyst E7.
  • Perform strategic financial analysis to support agency decisions related to procurement, contracting, personnel, cost allocation, and overall fiscal strategy aligned with agency goals.
  • Assist agency budget development and implementation to ensure alignment of cascading goals.
  • Create fiscal impact statements and cost benefit analysis for proposed changes in state laws, regulations and agency policy and practice.
  • Develop strategies, projections, and analytic reports to inform division and agency goals and objectives.
  • Ensure appropriate internal controls are in place for related processes.
  • Perform additional duties as assigned.

Benefits

  • 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
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