Unemployment Insurance Budget 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, 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.

Salary

The salary for this position traditionally starts at $67,314.00 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:

• 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.

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 with or without notice.

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 You'll Need For Success

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

• Require extensive working knowledge of PeopleSoft HR, PeopleSoft Financials, including Query Manager, SCM and Journal Entry.
• Must possess excellent communication skills in both individual and group settings.
• Must be proficient in Microsoft Office products, particularly Excel.
• Must possess the 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 degree is not required. However, 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.

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

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
• 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 [email protected] .