Financial Analyst
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Job Location:
Wake County, NC - USA
Monthly Salary:
$ 45926 - 80369
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Agency
Dept of Health and Human ServicesDivision
SEC OFFICE - CONTROLLERJob Classification Title
Financial Analyst I (NS)Position Number
Grade
NC12About Us
The North Carolina Department of Health and Human Services (DHHS) is one of the largest most complex agencies in the state and has approximately 17000 employees. It is responsible for ensuring the health safety and well-being of all North Carolinians providing human service needs for special populations including individuals who are deaf blind developmentally disabled and mentally ill and helping poor North Carolinians achieve economic independence.
Description of Work
This position serves as a Financial Analyst within the DHHS Office of the Controller responsible for developing and maintaining cost allocation plans for smaller divisions and offices. The role involves collecting analyzing and validating financial and statistical data to ensure compliance with Generally Accepted Accounting Principles and federal regulations. The analyst prepares worksheets schedules narratives and amendments for the Public Assistance Cost Allocation Plan (PACAP) and supports monthly cost allocation processes. The position also provides technical assistance and cost analyses for special projects and management requests. Work requires proficiency in database management and collaboration with internal stakeholders to maintain accurate and timely financial reporting.Key Duties Include:
-Collect and analyze financial and statistical data from multiple sources to develop cost allocation percentages.
-Prepare worksheets schedules and supporting documentation for assigned cost allocation plans in compliance with federal regulations and GAAP.
-Develop and maintain small to medium-sized cost allocation databases using Access and DB2 systems.
-Create and update cost center narratives including allocation base definitions and benefiting program listings.
-Perform simulated and non-simulated cost injections between Access and NCAS systems to validate monthly allocations.
-Identify and resolve allocation or distribution errors in coordination with General Accounting prior to monthly closing.
-Prepare amendments to cost allocation plans and research inquiries from federal oversight agencies.
-Generate decision-support reports for the Office of the Controller and conduct annual reviews to ensure continued functionality.
-Coordinate collection and review of County Cost Allocation Plans and Indirect Cost Rate Proposals for compliance and accuracy.
-Assist with special projects by providing technical analysis statistical data collection and cost modeling support.
Knowledge Skills and Abilities/Management Preferences
Salary Grade Range: $45926.00 - $80369.00
Candidates now meet the minimum qualifications of a position if they meet the minimum education and experience listed on the vacancy announcement.
The Knowledge Skills and Abilities (KSAs)/ Management Preferences are not required. Applicants who possess the following skills are preferred:
Experience reading and interpreting GASB pronouncements.
Experience reading and interpreting financial statements.
Experience using MS Excel.
The Posting Will Close At 11:59 P.M. The Night Before The End Date
This Position Is Funded In Part Through Federal Funds.
About DHHS Office of the Controller:
The Office of the Controller sets and interprets all accounting and financial reporting policies and procedures for the Department as authorized by the rules and regulations of the Office of the State Controller and state statutes and executes all accounting transactions for DHHS.
Compensation and Benefits:
The State of North Carolina offers excellent comprehensive benefits. Employees can participate in health insurance options standard and supplemental retirement plans and the NCFlex program (numerous high-quality low-cost benefits on a pre-tax basis). Employees also receive paid vacation sick and community service addition paid parental leave is available to eligible employees. Visit the website for State Benefits.
Supplemental Contact Information:
The North Carolina Department of Health and Human Services (DHHS) is an Equal Opportunity Employer that embraces an Employment First philosophy which consists of complying with all federal laws state laws and Executive Orders. We are committed to reviewing requests for reasonable accommodation at any time during the hiring process or while on the job. For more information about DHHS: uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals. Hiring salary will be based on relevant qualifications internal equity and budgetary considerations pertinent to the advertised position.
In accordance with the Governors Executive Order 303 our agency supports second-chance employment for individuals who were previously incarcerated or justice-involved. We invite all potential applicants to apply for positions for which they may be qualified.
Application Process:
Be sure to complete the application in its entirety. Resumes will not be accepted in lieu of completing this application.
Information should be provided in the appropriate areas to include the following: Education including high school and all degrees obtained Work Experience and Certificates & Licenses. It is critical to our screening and salary determination process that applications contain comprehensive candidate information.
Answers to Supplemental Questions are not a substitute for providing all relevant information within the body of your application. To receive credit for the supplemental questions you must provide supporting information within the Work Experience section of the application to support your answers.
If multiple applications are submitted to an individual posting only the most recent application received prior to the closing date will be accepted. Applications must be submitted by 11:59 PM on the closing date.
Applicants may be subject to a criminal background check. All candidates selected for positions considered Positions of Trust will be subject to a criminal background check.
Due to the volume of applications received we are unable to provide information regarding the status of your application over the phone. To check the status of your application please log in to your account. Upon the closing date applications are Under Review and will be screened by Human Resources for qualified applicants. The hiring process may take several weeks.
Degrees must be received from appropriately accredited institutions. Transcripts and degree evaluations may be uploaded with your application. The State of North Carolina/Office of State Human Resources uses the National Association of Credential Evaluation Services (NACES) as a referral resource for applicants who need to have their credentials certified as equivalent.
Required Experience:
IC
Key Skills
- Cognos
- Forecasting
- Hyperion
- Microsoft Access
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
