Chief Financial Officer

Work for Indiana

Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a range of opportunities across 60+ agencies. At the state, you'll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, you'll have the chance to make a real and measurable impact on the lives of Hoosiers across Indiana.

The purpose of the Indiana Department of Insurance is to protect Hoosiers as they purchase and use insurance products to keep their assets and their families from loss or harm. Consumers may need assistance with certain claim situations or just help in understanding how their policies work. Our other primary obligation is to monitor the financial solvency of the insurance companies domiciled in Indiana so that the legal promises made in insurance policies are honored.

To these ends, our Department staff is committed to providing exceptional customer service for both our consumers and our companies, and to maintain a fair and objective viewpoint as we examine each issue and circumstance within our jurisdiction.

This position serves as the Chief Financial Officer (CFO) within the Office Operations Division in the Department of Insurance. The CFO is charged with the responsibility of overseeing the Office Operations Division and the Agency Services Division, as well as the total fiscal management and operation of the agency.

The salary for this position traditionally starts at $93,002.00 but may be commensurate with education or work experience.

The essential functions of this role are as follows:

• Oversees usage of the computerized accounting system, People Soft
• Supervises the Office Operations Division including general ledger, accounts payable, accounts receivable, grant accounting, fixed asset accounting, procurement, telecommunications, IT, payroll duties and all other office functions
• Oversees the Agency Services Division which consists of one Deputy Commissioner and 6 additional employees
• Serves as a liaison with the Office of Management and Budget, State Board of Accounts, State Comptroller’s Office;
  Treasurer of State;
  State Personnel Department;
  Department of Administration and the Legislative Services Agency
• Oversees the management of the agency’s federal programs and grant management and reviews reports for submission to all federal funding agencies
• Provides leadership in the development and continuing evaluation and adjustment of short and long‑term strategic financial objectives
• Serves as a strategic partner with executive management to initiate, analyze, recommend, and implement business solutions in the areas of finance and accounting
• Ensures credibility of finance team by providing timely and accurate analysis of budgets, financial trends, and forecasts
• Provides consultation with and direction to staff with regard to operational matters and business practices to ensure financial practices are in compliance with state/federal policies, procedures and strategic plans
• Ensures completion and compliance of budget submission, financial analysis, forecasting, and financial reporting
• Implements and maintains internal financial controls to ensure compliance with Governmental Accounting Standards
• Analyzes and improves the cost effectiveness of agency operations
• Monitors and analyzes monthly operating budget and expenditures and develops reporting process for agency divisions

The job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time.

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.