Financial Analyst

Financial Analyst

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. They are part of a team supporting the Agency commission and mission to promote, protect and improve the health and safety of all Hoosiers.

The Financial analysts are the critical oversight, and risk management review of financial activity. They will be working with teams, including accountants, and deputy controllers. Their insight, review and knowledge, oversees 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.

The Financial analyst is the 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. The financial analyst will ensure the state financial system is setup and accurately provides controls as directed by the federal grant requirements and state policy.

The Financial analyst 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.

Financial Analyst 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.