Financial Planning Analysis Jobs in Indiana
Financial Planning Analysis jobs in Indiana are concentrated in Indianapolis, Fort Wayne, and Bloomington, where employers like Eli Lilly, Salesforce, and OneAmerica maintain substantial finance teams. Demand is strongest for professionals with expertise in budgeting, variance analysis, and long-range forecasting, with openings at every level from analyst to senior FP&A manager. Indiana's anchor industries in life sciences, insurance, and manufacturing keep this function consistently active across the state. Find a role that fits below and apply directly.
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See related jobsWork 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 Commission for Higher Education:
Created in 1971, the Indiana Commission for Higher Education (CHE, Commission) is the State's higher education coordinating agency, driven to improve economic and social mobility for fellow Hoosiers through postsecondary education and training, and is a part of Governor Mike Braun's Office of Education. The Commission also administers Indiana’s state financial aid programs, including 21st Century Scholars, which celebrates 35 years in 2025. More information can be found at che.in.gov.
Role Overview:
Reporting to the Deputy Chief Financial Officer for Higher Education, the Manager of Financial Planning and Analysis (FP&A) is a key leadership position within the Commission’s Finance team responsible for informing and driving the financial strategy, analysis, and long-range projections that inform Indiana’s higher education funding decisions. This position is a key player in the financial modeling and forecasting of state financial aid programs and university funding allocations, providing actionable insights to Commission leadership and external stakeholders including the Indiana General Assembly and the State Budget Agency.
The Manager of FP&A will work in close collaboration with the Commission’s Business Intelligence (BI) team and the State Director of Financial Aid to integrate data analytics capabilities into financial planning processes, ensure data integrity across financial reporting systems, and develop scalable analytical tools and dashboards.
Salary:
A Day in the Life:
Financial Analysis & Projections:
- Provide critical interpretation and contribute to the maintenance of multi-year financial models and forecasts for state financial aid programs, including the Frank O’Bannon Grant, 21st Century Scholars, and other Commission-administered financial aid programs.
- Develop and maintain financial projection models for university funding allocations, including performance-based funding formulas, base appropriations, capital investment, program expenses, and other special legislative initiatives.
- Analyze budget variances, enrollment trends, and policy changes to assess their financial impact on state aid expenditures and university funding; prepare concise summaries and recommendations for senior leadership.
- Monitor appropriations balances and expenditure trends throughout the fiscal year, providing timely updates to leadership and flagging potential shortfalls or surpluses.
- Support program expansion and approvals processes by evaluating financial solvency to inform final determinations.
- Prepare financial analyses and fiscal notes in support of proposed legislation, administrative rules, and policy changes affecting higher education funding.
- Support the preparation of the Commission’s annual budget requests to the State Budget Agency and the Governor’s Office, including documentation of assumptions, historical trends, and programmatic justifications.
Data Analytics & Business Intelligence Collaboration:
- Partner closely with the Business Intelligence (BI) team to align financial data structures with BI reporting frameworks, ensuring consistency and accuracy across financial and operational datasets.
- Contribute to the design and development of financial dashboards, reports, and data visualizations that support executive decision-making and external reporting.
- Leverage data analytics tools and techniques to identify trends, anomalies, and opportunities in financial and enrollment data.
- Assist in the documentation and maintenance of data dictionaries, financial data definitions, and reporting specifications to support data governance efforts.
Stakeholder Communication & Leadership:
- Present financial findings, projections, and policy recommendations to Commission leadership, Commission board members, legislators, and other stakeholders in a clear and accessible manner.
- Serve as a subject matter expert on financial aid program finances and university funding, responding to inquiries from internal teams, the General Assembly, and the public.
- Cultivate and maintain collaborative relationships with State Budget Agency staff, Office of Management and Budget, and higher education institution finance officers.
- Provide mentorship and guidance to staff members within the Finance team, supporting professional development and promoting a culture of continuous improvement.
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.
What You'll Need for Success:
The successful candidate will have:
- Three (3) to five (5) years of full-time professional experience.
- Thorough knowledge of Governmental Accounting Standards Board (GASB) principles and their application in higher education or public sector financial reporting.
- Demonstrated experience with financial modeling, forecasting, and long-range financial planning in a higher education, government, or public finance environment.
- Advanced proficiency in Microsoft Excel, including complex financial models, pivot tables, Power Query, and macro development.
- Familiarity with higher education financial structures, including institutional funding models, financial aid program administration, and state appropriations processes.
- Strong analytical and critical thinking skills, including the ability to synthesize large datasets, isolate key drivers of financial trends, and communicate findings to non-technical audiences.
- Excellent written and verbal communication skills, with demonstrated ability to prepare clear, well-organized financial reports and present to senior leadership and external stakeholders.
- Strong organizational skills with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Ability to establish and maintain collaborative working relationships across teams and with external partners.
Preferred Qualifications:
The following qualifications are not required but will strengthen a candidate’s application:
- Experience with R or Python for data analysis, statistical modeling, or reporting automation.
- Experience working with business intelligence platforms such as Tableau, Power BI, or similar tools.
- Certified Management Accountant (CMA), Chartered Financial Analyst (CFA), or other relevant professional certification.
- Experience in a state government financial role or with Indiana’s state budgeting and appropriations processes.
- Experience working with financial aid management systems or higher education student information systems.
- Knowledge of Indiana higher education policy, funding formulas, and the Commission’s strategic priorities.
- Able to perform essential functions with or without reasonable accommodation.
Supervisory Responsibilities/Direct Reports:
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.
Nearest Major Market: Indianapolis
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 Commission for Higher Education:
Created in 1971, the Indiana Commission for Higher Education (CHE, Commission) is the State's higher education coordinating agency, driven to improve economic and social mobility for fellow Hoosiers through postsecondary education and training, and is a part of Governor Mike Braun's Office of Education. The Commission also administers Indiana’s state financial aid programs, including 21st Century Scholars, which celebrates 35 years in 2025. More information can be found at che.in.gov.
Role Overview:
Reporting to the Deputy Chief Financial Officer for Higher Education, the Manager of Financial Planning and Analysis (FP&A) is a key leadership position within the Commission’s Finance team responsible for informing and driving the financial strategy, analysis, and long-range projections that inform Indiana’s higher education funding decisions. This position is a key player in the financial modeling and forecasting of state financial aid programs and university funding allocations, providing actionable insights to Commission leadership and external stakeholders including the Indiana General Assembly and the State Budget Agency.
The Manager of FP&A will work in close collaboration with the Commission’s Business Intelligence (BI) team and the State Director of Financial Aid to integrate data analytics capabilities into financial planning processes, ensure data integrity across financial reporting systems, and develop scalable analytical tools and dashboards.
Salary:
A Day in the Life:
Financial Analysis & Projections:
- Provide critical interpretation and contribute to the maintenance of multi-year financial models and forecasts for state financial aid programs, including the Frank O’Bannon Grant, 21st Century Scholars, and other Commission-administered financial aid programs.
- Develop and maintain financial projection models for university funding allocations, including performance-based funding formulas, base appropriations, capital investment, program expenses, and other special legislative initiatives.
- Analyze budget variances, enrollment trends, and policy changes to assess their financial impact on state aid expenditures and university funding; prepare concise summaries and recommendations for senior leadership.
- Monitor appropriations balances and expenditure trends throughout the fiscal year, providing timely updates to leadership and flagging potential shortfalls or surpluses.
- Support program expansion and approvals processes by evaluating financial solvency to inform final determinations.
- Prepare financial analyses and fiscal notes in support of proposed legislation, administrative rules, and policy changes affecting higher education funding.
- Support the preparation of the Commission’s annual budget requests to the State Budget Agency and the Governor’s Office, including documentation of assumptions, historical trends, and programmatic justifications.
Data Analytics & Business Intelligence Collaboration:
- Partner closely with the Business Intelligence (BI) team to align financial data structures with BI reporting frameworks, ensuring consistency and accuracy across financial and operational datasets.
- Contribute to the design and development of financial dashboards, reports, and data visualizations that support executive decision-making and external reporting.
- Leverage data analytics tools and techniques to identify trends, anomalies, and opportunities in financial and enrollment data.
- Assist in the documentation and maintenance of data dictionaries, financial data definitions, and reporting specifications to support data governance efforts.
Stakeholder Communication & Leadership:
- Present financial findings, projections, and policy recommendations to Commission leadership, Commission board members, legislators, and other stakeholders in a clear and accessible manner.
- Serve as a subject matter expert on financial aid program finances and university funding, responding to inquiries from internal teams, the General Assembly, and the public.
- Cultivate and maintain collaborative relationships with State Budget Agency staff, Office of Management and Budget, and higher education institution finance officers.
- Provide mentorship and guidance to staff members within the Finance team, supporting professional development and promoting a culture of continuous improvement.
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.
What You'll Need for Success:
The successful candidate will have:
- Three (3) to five (5) years of full-time professional experience.
- Thorough knowledge of Governmental Accounting Standards Board (GASB) principles and their application in higher education or public sector financial reporting.
- Demonstrated experience with financial modeling, forecasting, and long-range financial planning in a higher education, government, or public finance environment.
- Advanced proficiency in Microsoft Excel, including complex financial models, pivot tables, Power Query, and macro development.
- Familiarity with higher education financial structures, including institutional funding models, financial aid program administration, and state appropriations processes.
- Strong analytical and critical thinking skills, including the ability to synthesize large datasets, isolate key drivers of financial trends, and communicate findings to non-technical audiences.
- Excellent written and verbal communication skills, with demonstrated ability to prepare clear, well-organized financial reports and present to senior leadership and external stakeholders.
- Strong organizational skills with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Ability to establish and maintain collaborative working relationships across teams and with external partners.
Preferred Qualifications:
The following qualifications are not required but will strengthen a candidate’s application:
- Experience with R or Python for data analysis, statistical modeling, or reporting automation.
- Experience working with business intelligence platforms such as Tableau, Power BI, or similar tools.
- Certified Management Accountant (CMA), Chartered Financial Analyst (CFA), or other relevant professional certification.
- Experience in a state government financial role or with Indiana’s state budgeting and appropriations processes.
- Experience working with financial aid management systems or higher education student information systems.
- Knowledge of Indiana higher education policy, funding formulas, and the Commission’s strategic priorities.
- Able to perform essential functions with or without reasonable accommodation.
Supervisory Responsibilities/Direct Reports:
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.
Nearest Major Market: Indianapolis
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Where Indiana roles are concentrated, by current openings.
Financial Planning Analysis Job Market in Indiana
A snapshot from current Indiana openings, updated as new roles post.
Who's Hiring
Top Industries Hiring
- Manufacturing
- Staffing & Recruiting
What Indiana Employers Look For
The qualifications that appear most often in financial planning analysis jobs across Indiana.
- Bachelor's degree in finance, accounting, or economics required by most Indiana employers
- Three or more years of FP&A or corporate finance experience in a relevant industry
- Advanced proficiency in Excel financial modeling and enterprise planning tools such as Hyperion or Anaplan
- Demonstrated ability to build and present multi-year operating budgets and forecasts
- Experience partnering with business unit leaders to translate financial data into strategic recommendations
- CPA or CFA designation strongly preferred for senior and manager-level roles in Indiana
Financial Planning Analysis Jobs in Indiana: Frequently Asked Questions
How do you become a financial planning analysis in Indiana?
A bachelor's degree in finance, accounting, or economics is the standard entry point for financial planning analysis roles in Indiana. No state-issued license is required for this role, but employers strongly favor candidates who have earned or are pursuing a CFA or CPA credential, as these signal analytical rigor. Building experience in budgeting, forecasting, or management accounting through internships or staff accountant roles at Indiana manufacturers or insurers is the most direct path.
How much do financial planning analysises make in Indiana?
Financial planning analysises in Indiana earn a median of about $81,760 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $55,550 for the lowest 10% to over $127,550 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire financial planning analysiss in Indiana?
Indiana financial planning analysis roles are posted by Jobot, Carrier, and White Lodging and others right now, based on current listings on Migrate Mate as of November 2026. Indiana's concentration of life sciences companies, large insurers, and regional manufacturers means FP&A demand is broad and not limited to any single sector.
Which Indiana cities have the most financial planning analysis jobs?
Indianapolis, Gary, and Bloomington have the most financial planning analysis openings in Indiana. Indianapolis drives the bulk of demand as the state's corporate headquarters hub, home to major insurers, health systems, and technology firms, while Fort Wayne and Bloomington contribute openings from regional manufacturers and Indiana University's affiliated healthcare and administrative operations.
Are there remote financial planning analysis jobs in Indiana?
Yes, and more than most fields, since financial planning analysis is fundamentally a desk and data role that translates well to remote work. About 33% of financial planning analysis openings tied to Indiana are remote or hybrid as of November 2026, reflecting how widely companies have extended flexibility to this function. Forecasting, variance analysis, and model-building tasks are the most commonly performed remotely, while business partnering and budget presentations tend to require periodic in-person presence.
How can I get hired as a financial planning analysis in Indiana with little or no experience?
The most realistic entry path is a staff accountant or financial analyst associate role, which large Indiana employers like Cummins, Eli Lilly, and Indiana University Health use as a pipeline into FP&A. Rotational finance programs at Indiana-based manufacturers and insurers are designed specifically for recent graduates and expose candidates to budgeting and reporting work. Earning the first CFA exam level or completing an Excel financial modeling course significantly strengthens an entry-level application in this market.
Where can I find and apply to financial planning analysis jobs in Indiana?
You can find and apply to financial planning analysis jobs in Indiana on Migrate Mate, which lists current Indiana openings across industries and experience levels. Search the available roles, find the ones that match your background and location, and apply directly to each posting without any extra steps.
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