Deputy Director of Accounting
Date Posted: Dec 15, 2025
Requisition ID: 469674
Location:
Indianapolis, IN, US, 46204
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.
About the Indiana Housing and Community Development Authority (IHCDA):
The Indiana Housing and Community Development Authority (IHCDA) is a quasi-agency of the State of Indiana and is committed to serving the entire spectrum of housing, from homelessness to homeownership. Our charge is to provide housing opportunities, promote self-sufficiency, and strengthen communities, in order to build an Indiana with a sustainable quality of life for all Hoosiers in the community of their choice. To learn more about IHCDA visit us at: www.in.gov/ihcda.
Role Overview:
The position contributes to fulfilling the IHCDA mission and meeting strategic and annual IHCDA operational and program goals by assisting the Controller and Director of Accounting through:
Ensuring the integrity of various accounting-related activities designed to meet generally accepted standards of accounting and auditing, providing financial accountability for the agency, assuring use of proper internal controls, and helping to support the activities of the operating departments.
Coordinating with agency personnel for the assigned programs to ensure timely completion and distribution of trial balances and budgets to program managers for accurate administration of the programs.
Ensuring reconciliation, recording, and reporting of activities for federal and mortgage bond programs. Fulfilling customer service needs of the organization through providing support and training related to accounting and reporting activities.
Ensuring the integrity of accounting information by recording, verifying, and entering transactions.
Salary Statement:
The salary for this position starts at $75,000 annually.
A Day in the Life:
Provides leadership and mentoring to team members.
Documents and assesses departmental procedures, internal controls, and their implementation.
Exercises effective time management and manages multiple responsibilities.
Understands the inputs and outputs to the accounting processes to effect process improvements for the department and organization.
Applies Generally Accepted Accounting Principles (GAAP) within accounting processes and financial reporting requirements.
Develops and leads the month end, quarter end and year end closing processes within Microsoft Dynamics Great Plains.
Performs all accounting and compliance functions for assigned federal, state, and mortgage bond programs. Produces, reviews, and distributes monthly and quarterly budget reporting and financial statements.
Provides accounting functions for the assigned Federal and Mortgage Bond programs to ensure proper reconciliation and recordkeeping.
Performs the monthly payroll allocations and makes sure units are accurate and complete.
Prepares and performs the monthly cost allocations within the designated deadline.
Maintains schedules for accruals, amortization, and prepares related journal entries for the completion of monthly financial statements and budgets for assigned programs.
Reconciles assigned bank and trust accounts by the designated deadline. Prepares and posts needed journal entries.
Reviews all bank reconciliations, trial balances, deposit reconciliations and financial analyses prepared by accounting team for accuracy and compliance.
Creates and updates financial statements & supplemental schedules within the financial reporting software. Resolves program issues affecting financial reporting and internal controls.
Makes sure financial information (e.g., trail balances, budgets, and special requests) is disseminated to program managers for approval and timely reimbursement of program funds. Coordinates with the program accountants to ensure that funds are maintained accurately, and any issues are resolved timely.
Maintains financial information in a manner that it is accessible and backed-up routinely.
Researches and assists in the implementation of new Governmental Accounting Standards Board (GASB's). Updates job knowledge by participating in educational opportunities, reading professional publications, participating in professional organizations to maintain continuing professional education (CPE) requirements.
Performs set up for the Chart of Accounts for program changes / new programs and bond series.
Produces and distributes the required bond disclosure reporting. Also, prepares and maintains reports, surveys, and questionnaires requested / required by the Rating Agency Moody's.
Maintains audits of balance sheet accounts for accuracy and proper identification and action for transactions.
Responds accurately and timely to monthly reporting inquiries, provides information, assists in preparation of schedules, and provides support for the preparation of the year-end financial statements for auditors for the year-end audit.
Assists with the annual IHCDA General Operating budget, and monitors budget to actual numbers monthly. Maintains up-to-date Standard Operating Procedures for job responsibilities to be used for cross training. Prepares accurate, timely compliance filings.
Assists Program Directors and Managers with program audits.
Coordinates assigned aspects of the annual financial statement and A-133 audits.
Cross trains on all areas.
What You'll Need for Success:
Bachelor's Degree in Accounting required.
CPA, or CPA candidate. MBA a plus.
Minimum 8 years of accounting and financial reporting experience.
3-5 years of supervisory experience.
Experience with accounting software required. Prefer experience with Microsoft Dynamics Great Plains or similar system.
Proficient in Microsoft Office Suite(s). Advanced Excel proficiency required.
Proficient in the application of GAAP and familiarity with the GASB.
Takes initiative, requires little supervision.
Provides mentoring and guidance to team members.
Prioritizes and organizes tasks and time.
Bring concerns to a resolution on their own, and keeps management apprised of work status.
Possesses knowledge of operating and capital budgets.
Demonstrates knowledge and understanding of Generally Accepted Accounting Principles (GAAP), and Generally Accepted Auditing Standards (GAAS).
Exercises the ability to analyze financial information, recognize trends, and make decisions.
Proficient in computer skills, i.e., Teams, Microsoft Dynamics Great Plains, Microsoft Word, Excel, Internet, E-mail, and Management Reporter. Aptitude to use Bloomberg.
Demonstrates effective verbal and written communication skills. Possesses the ability to effectively communicate with a variety of individuals with diverse backgrounds, education, and economic levels. Exercises attention to detail, strives for accuracy and timeliness.
Has the ability to be bonded and preserves the confidentiality of information.
Supervisory Responsibilities/Direct Reports:
This role provides direct supervision for one or more staff members.
Benefits of Employment with the State of Indiana:
The State of Indiana offers a comprehensive benefit package for full-time employees which includes:
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
A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to:
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
Equal Employment Opportunity:
The State of Indiana is an Equal Opportunity Employer and is committed to recruiting, selecting, developing, and promoting employees based on individual ability and job performance. Reasonable accommodations may be available to enable individuals with disabilities to complete the application and interview process as well as perform the essential functions of a role. If you require reasonable accommodations to complete this application, you can request assistance by contacting the Indiana State Personnel Department at jobs@spd.IN.gov.
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