Unemployment Insurance Budget Analyst

The Indiana Department of Workforce Development (DWD) is dedicated to developing a premier workforce that enables Indiana employers to flourish and attracts businesses to relocate to the state. This role requires innovative thinking, metric-driven improvements, and the use of cutting-edge technologies to assess and prepare Indiana’s employment future.

About the role

The Unemployment Insurance (UI) Budget Analyst is a core member of the FP&A Division, a centralized strategic financial office ensuring agency-wide fiscal transparency, audit readiness, and forward-looking financial modeling. Under the leadership of the 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.

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.

This position is exempt from overtime compensation. 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.

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.
• Proficiency 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 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

This role may be utilized in a supervisory capacity based on agency needs.

Pay

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

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
• Robust, comprehensive program of leave policies covering a variety of employee needs, including:
  • 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