Project Budget Analyst

About the role

The Project Budget Analyst position within the Project Finance Division is essential to the State of Indiana’s roadway infrastructure. This position is primarily responsible for creating project budgets for INDOT's capital program, analyzing data, and providing support to the agency on processes necessary to maintain project budgets. This position is a key INDOT position where the accuracy of funding the capital program impacts federal reimbursements.

Responsibilities

• Prepare and monitor administrative budgets in addition to schedules for large expenditures such as leases, equipment, and allotments.
• Aid in the preparation of agency budget analysis of expenditure and preparation of expenditure reports.
• Prepare and monitor expenditure reports such as fund balances by type and category.
• Prepare reports on quarterly grants and allotments.
• Provide assistance to government auditing teams.
• Review program and administrative budgets with management and agency staff.
• Aid with annual tasks such as assisting with reports on anticipated funds and detailed reports of previous year’s expenditures.
• Maintain purchase order or release of balances that will become available in state and federal resources.
• Utilize computers, programming, and software systems in performance of duties.

Requirements

• Thorough knowledge of and ability to apply Generally Accepted Accounting Principles and the Generally Accepted Audit Standards and related theories.
• Advanced knowledge of federal, state, and agency budgeting and fiscal policies and procedures.
• Ability to review and analyze financial requisitions in PeopleSoft/Encompass to determine discrepancies and make corrections.
• Working knowledge of agency organization and function.
• Ability to prepare clear and concise reports via PeopleSoft/Encompass.
• Ability to review and analyze budgets.

Qualifications

• Minimum of six (6) years of accounting, auditing, financial analysis, or related experience applying the outlined knowledge, skills, and abilities in a similar role.
• A High School Diploma or High School Equivalent (HSE).

Skills

• Knowledge of Generally Accepted Accounting Principles and the Generally Accepted Audit Standards.
• Experience with federal, state, and agency budgeting and fiscal policies and procedures.
• Proficiency in reviewing and analyzing financial requisitions in PeopleSoft/Encompass.
• Ability to prepare clear and concise reports via PeopleSoft/Encompass.
• Ability to review and analyze budgets.

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.
• Group life insurance.
• Free Parking for most positions.
• Free LinkedIn Learning access.

Pay

The salary for this position traditionally starts at $47,320.00 but may be commensurate with education and work experience. Use our Compensation Calculator to view the total compensation package.

Schedule

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.