Budget Analyst I

Agency

Dept of Insurance

Division

Administration

Job Classification Title

Budget Analyst I (NS)

Position Number

60013430

Grade

NC14

About Us

The mission of the North Carolina Department of Insurance is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect. Our agency licenses insurance agents, adjusters, bail bondsmen and more, along with investigating fraud matters involving insurance consumers and any entity or individual regulated by the Department. In an ever-changing environment, it is the vision of the Department of Insurance to maintain the stabilization of the insurance industry in order to provide more products, competitive prices and consumer protection.

Description of Work

*This is an anticipated vacancy*
60013430-Budget Analyst I
Salary Recruitment Range - $52,592-$80,000
Salary Grade - NC14
The posting will close at 11:59 p.m. the night before the closing date.
This position currently qualifies for a hybrid telework option with routine office and up to one remote workday per week. The NC Department of Insurance trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management
Minimum qualifications include - Bachelor’s degree from an accredited institution in business administration, public administration, accounting, or related field; or an equivalent combination of education and experience.
The primary purpose of the position is to provide planning and organizing of the department’s budgeting functions to ensure that accounting records and the initiating transactions are properly budgeted using the State’s Integrated Budget and Information System (IBIS) and properly recorded in the North Carolina Financial System (NCFS). The Department of Insurance is a diverse and complex organization with many unique and specialized operations and programs. Accounting records for the agency are maintained in several different budget codes: General, Special Interest, Special Non-Interest, Federal, and Trust. Within these major budget codes are varied and numerous sub-funds and programs. Moreover, all transactions must be processed in compliance with NCFS requirements, state and federal requirements, and generally accepted accounting principles.
The Budget Analyst I supports the Budget Manager in preparing continuation, expansion, capital, IT, program, and other required departmental budgets. The role includes ongoing monitoring, oversight, and execution of budgets through line-item requests and adjustments in accordance with the State Budget Act. The analyst reviews instructions, plans, and guidelines to ensure budgets are accurate, timely, and compliant. This position also examines budgets and expenditures for adherence to state rules, legislative intent, and applicable laws. It provides consultation and technical assistance related to the preparation and execution of continuation, operating, and expansion budgets across multiple funding sources, evaluating methodologies to improve accuracy. The analyst reviews program, policy, and rule changes to determine fiscal and program impacts, assists in managing position counts and budgeted salaries, and helps monitor salary reserves and lapsed salaries while providing regular status reports to the Budget Manager.
In addition to budget management, the position assists with grant planning and administration for the Department of Insurance and the NC Industrial Commission. This includes financial administration of private, state, and federal grants; ensuring accurate monthly expenditure reports; preparing required submissions to awarding agencies; reconciling federal drawdown systems; and managing cash flow for grant revenues. The analyst reviews information needed for disbursement of grant funds, maintains current balances, prepares monthly expenditure and balance reports, and distributes them to management. The role also involves reviewing funds availability for procurement requests, workflow items, BTAs, contracts, and temporary employee requests; preparing budget revisions; resolving funding discrepancies; and supporting programs in aligning budgets with funding needs. Other duties may include managing special projects assigned by the Controller or Budget Manager that require immediate attention.

Knowledge Skills and Abilities/Management Preferences

Management Preferences

-Experience with NC Integrated Payroll System

-Experience with NC Integrated Budget Information System (IBIS)

-Experience with State of NC budgeting

-Experience with NC Financial System (NCFS)

Minimum Education and Experience

Some state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both. See the Education and Experience Equivalency Guide for details.

Bachelor’s degree from an accredited institution in business administration, public administration, accounting, or related field; or an equivalent combination of education and experience.

Benefits of NC State Employment:

We value our employees and offer a wide variety of competitive and family-friendly benefits. Benefits include:

• 12 Annual paid Holidays
• North Carolina State Health Plan administered by AETNA 
• Supplemental Benefits including: Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental and Vision
• NC State Retirement (TSERS)
• WeSave Employee Discounts

Learn more about employee perks/benefits:

• Why Work For NC?
• NC OSHR: Benefits

Supplemental and Contact Information:

For consideration for this vacancy, all applicants must complete an online application using the “APPLY” button above.

  
To receive credit for your work history and credentials, you must list the information on the State Application. Any information omitted from your application cannot be considered for qualifying credit.

***Applications with "see attached" or resumes in lieu of completed education and work experience on the formal application will be deemed incomplete and will not be eligible for consideration for the vacancy***

Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript. 

The Department of Insurance/Industrial Commission may conduct criminal history checks of all job applicants recommended for employment. Failure to accurately acknowledge information on criminal convictions on the state application form will be grounds for non-consideration of applications, disciplinary action, and possible criminal prosecution.
  
The Department of Insurance/Industrial Commission is an Equal Employment Opportunity employer and uses the merit-based recruitment and selection plan to fill positions subject to the State Personnel Act with the most qualified individuals.

• Academic Degrees must be from appropriately accredited institutions and will be verified. If you are selected for a position at DOI/IC, your academic credentials will be verified.
• Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax.
• Applicants seeking Veteran's Preference under N.C.G.S .126 must submit a DD Form 214, Certificate of Release or Discharge from Active Duty. This information may be attached to the online application or be faxed on or before the closing date.

Applicants may check the status of their application for a vacancy at any time by logging in to the government jobs system. Once the applicant has logged in, the status of each submitted application is documented next to each vacancy for which they have applied.

For more information about NCDOI: http://www.ncdoi.gov/

EEO Statement

The State of North Carolina is an Equal Employment Opportunity Employer and dedicated to providing employees with a work environment free from all forms of unlawful employment discrimination, harassment, or retaliation. The state provides reasonable accommodation to employees and applicants with disabilities; known limitations related to pregnancy, childbirth, or related medical conditions; and for religious beliefs, observances, and practices.

Recruiter:

Gretchen Marie Senez

Recruiter Email:

[email protected]