Financial Analyst

About the role

The Financial analysts are the Analytical review and knowledge base to support IDOH and program directors to include understanding and ensuring proper financial requirements, spend, reporting, draws, rebates activities of each grant.

Responsibilities

• Analytical review and knowledge base to support IDOH and program directors.
• Ensure proper financial requirements, spend, reporting, draws, rebates activities of each grant.
• Oversee the financial impact of budget controls, deputy controller vision and direction, and the financial team process for procurement, accounting, contracting and revenue collection posting to the state financial system.
• Direct contact to the Program directors who is their business partner, to ensure success in managing grants, goals, timelines, and providing expertise in review of budgetary constraints and purpose.
• Ensure the state financial system is setup and accurately provides controls as directed by the federal grant requirements and state policy.
• May have additional federal requirements of reporting, sub-recipient audits, county support, or state review of federal grant funds initiated by OMB/SBA and MOU to IDOH, as well as State agency MOU of grant participation and accountabilities.

Requirements/Abilities

• Execute project set up requirements, and budget, grant and contract amendments, renewals and submissions.
• Provide guidance to program directors through review and understanding of expectations to each grant and activity projected.
• Awareness of accounting procedure, grant actives posting to the general ledger, requirements of transferring, or correcting journals, and posting of wires, deposits.
• Reporting and reconciliation procedures for risk management, program support, and federal grant requirements.
• Knowledge to meet accounting standards, in review and reporting of grants.
• Critical thinking, in timing expectations and grant % requirements with expenses, vendor contracts, rebates, wires, revenue, invoicing and payments.
• Ability to communicate and intervene to represent and support the programs.