Budget Manager I

About the role

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 a repost. Previous applicants need not reapply.* Salary Recruitment Range: $70,627 - $116,000 Salary Grade: NC21 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 remote workday. 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. Mission of the Department of Insurance: The North Carolina Department of Insurance's mission 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. North Carolina Department of Insurance offers rewarding careers in a number of different fields that helps us protect consumers and regulate the insurance industry in North Carolina. But that's not all that we do! NCDOI also investigates insurance fraud. We set standards for and inspect fire stations, regulate engineering codes and work with building inspectors in every corner of North Carolina. If you're interested in a career that will help make North Carolina a safer and better place to live while working with some of the best professionals in the industry, apply today! For more information about NCDOI: http://www.ncdoi.gov/ Primary Purpose of the Position: This position has the key responsibility of directing the budget functions for the Department of Insurance, the Industrial Commission and the Office of State Fire Marshal. This position manages the base budget and change budgets for the Department as well as develops the program budget structure. This position interprets and applies general statutes, the State Budget Act and other OSBM policies and procedures, to the budget process for the Department. This position independently prepares and assists agency staff in preparing various budget worksheets, reviews worksheets prepared by division staff and enters and verifies data into the Integrated Budget Information System (IBIS). This position has a lead role in working with the Department's State Budget Analysts at the Office of State Budget and Management (OSBM) and Division management within DOI in the continuing development of the Program Budget elements and Strategic Plan with the focus on developing strategies for realizing goals and key measures for evaluating performance. This position is responsible for verifying that all budget codes for the Division are properly budgeted to the detail account level before the books can be closed on a cash basis for each month. This position prepares, reviews and approves the Department's internal budget revisions for compliance with OSBM rules and regulations. This position also investigates unusual variances and makes adjustments as necessary. This position is responsible for funding availability verification and financial approval of requisitions in e-procurement for departmental purchases. This position is responsible for the validation of account and AMU combinations in the North Carolina Financial System (NCFS) and for the maintenance of the Chart of Accounts for the Department. This position monitors the budgets for employee salaries and benefits and contracts to determine the requirements for and availability of lapsed salary funds and prepares the lapsed salary usage report each month. This position should possess or acquire an extensive knowledge of the Department and each of its divisions. This position should have a thorough knowledge of the IBIS and Salary Control Systems, NCFS and FIORI. The position also analyzes legislation and budget and fiscal policies to communicate with Division Management the impact on each Section's budget. This position periodically meets with Division leadership to discuss budget issues, the base budget, change budget, reversion targets, etc. This position also supervises two full time positions. Work plans and appraisals are reviewed and completed on an interim and yearly basis through the NCVIP pr