Budget Analyst 2

State of Iowa; Anamosa (IA); On-site; USD 60,000 - 76,000; Full time

Job summary

The Iowa Department of Corrections is seeking a Budget Analyst 2 in the Business Office at the Anamosa State Penitentiary. This role prepares and loads the annual budget into the Iowa Advantage system, forecasts revenues and expenses, and tracks large expenditures to keep the budget in balance.

Responsibilities include ensuring proper accounting and coding of revenues, preparing GAAP reports, and assisting state auditors during fiscal audits.

Qualifications

• Graduation from an accredited four-year college or university with a degree in accounting, finance, or business administration.
• Experience equal to two years of full-time work in professional level budget analysis or fiscal management.
• Master's degree in business administration or public administration plus related experience.

Responsibilities

• Prepares and loads the annual budget into the Iowa Advantage system; ensuring budget is in balance prior to the start of the FY.
• Forecasts revenues and expenses, including salary projections, and prepares monthly budget projections.
• Tracks expenses, maintains internal controls, and prepares GAAP reports.

Skills

Budget analysis

Fiscal management

Financial forecasting

Education

Bachelor's degree in accounting, finance, or business administration

Master's degree in business administration or public administration

Job description

A Position in the Iowa Department of Correction is more than a job. It's a calling.

Corrections employees transform lives, equipping Iowans in the criminal justice system with the skills they need to contribute to their communities, inside and outside our walls.

Join our team at the Anamosa State Penitentiary as a Budget Analyst 2 in the Business Office!

Duties

• Prepares and loads the annual budget into the Iowa Advantage system; ensuring budget is in balance prior to the start of the FY.
• Makes necessary changes in the system throughout the fiscal year to keep the budget in balance.
• Prepares monthly budget projections by forecasting revenues and expenses, including salary projections, based on historical and current information.
• Track large expenses including overtime, food, utilities, medical, etc.
• Responsible for maintaining internal controls of all expenditures.
• Complete pre-audit and approval of all expenditures that are being forwarded to the Department of Administrative Service – State Accounting Enterprise for payment.
• Assign accounting codes so that expenses are appropriately categorized.
• Enter various financial documents into the Iowa Advantage system.
• Track all revenues, collect cash and make sure all cash controls are being followed.
• Ensure the proper accounting and coding of all revenue receipts to the Iowa Advantage system.
• Balance all local bank accounts monthly.
• Prepare annual institution GAAP (Generally Accepted Accounting Principles) report including interpretation and application of generally accepted accounting principles and DAS requirements.
• Handle all fixed asset reporting and tracking including depreciation.
• Gather all consumable inventories.

Miscellaneous duties:

• Track vehicle depreciation balances held with DAS.
• Prepare invoices for vending, utilities, and miscellaneous items.
• Track special projects as requested.
• Submit all necessary reports for TSB (Targeted Small Business) requirements.
• Fills in for other positions during absences for vacation, sick leave, etc.
• Provides assistance to state auditors during fiscal audit each year.

E-Verify and Right to Work
The State of Iowa participates in E-Verify, a federal program that helps employers confirm the employment eligibility of all newly hired employees. Within the required timeframe, new hires will be verified through the E-Verify system to ensure authorization to work in the United States. The State of Iowa also complies with the federal Right to Work laws, which protect employees’ rights to work without being required to join a labor organization. For more information, please visit www.e-verify.gov.

Requirements

• Graduation from an accredited four-year college or university with a degree in accounting, finance, or business administration, and experience equal to two years of full-time work in professional level budget analysis or fiscal management.
• All of the following (a and b):
  • Two years of full-time work experience in professional level budget analysis or fiscal management; and
  • A total of four years of education and/or full-time experience (as described in number one), where thirty semester hours of accredited college or university course work in accounting, finance, or business administration equals one year of full-time experience.
• All of the following (a, b, and c):
  • Graduation from an accredited college or university with a master's degree in business administration or public administration; and
  • One year of full-time work experience in professional level budget analysis or fiscal management; and
  • A total of four years of education and/or full-time experience (as described in number one), where thirty semester hours of accredited college or university course work in accounting, finance, or business administration equals one year of full-time experience.
• Current, continuous experience in the state executive branch that includes eighteen months of full-time work as a Budget Analyst 1.

For additional information, please click on this link to view the job description.