NC Department of Health and Human Services · 1 day ago
Financial Analyst
Wake County, NC
Full-time
Onsite
New Grad, Entry Level
$46K/yr - $80K/yrThe North Carolina Department of Health and Human Services (DHHS) is one of the largest agencies in the state, responsible for ensuring the health and well-being of North Carolinians. The Financial Analyst I role involves developing and maintaining cost allocation plans, analyzing financial data, and ensuring compliance with accounting principles and federal regulations.
Health Care
Responsibilities
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
Qualification
Required
Bachelor's degree in accounting, banking, finance, business administration, economics, or a related discipline from an accredited institution
An equivalent combination of education and experience
Proficiency in database management
Ability to collect, analyze, and validate financial and statistical data
Experience preparing worksheets, schedules, and supporting documentation for cost allocation plans
Knowledge of Generally Accepted Accounting Principles and federal regulations
Ability to develop and maintain cost allocation databases using Access and DB2 systems
Ability to create and update cost center narratives
Ability to perform simulated and non-simulated cost injections between Access and NCAS systems
Ability to identify and resolve allocation or distribution errors
Ability to prepare amendments to cost allocation plans
Ability to generate decision-support reports
Ability to coordinate collection and review of County Cost Allocation Plans and Indirect Cost Rate Proposals
Ability to assist with special projects by providing technical analysis, statistical data collection, and cost modeling support
Preferred
Experience reading and interpreting GASB pronouncements
Experience reading and interpreting financial statements
Experience using MS Excel
Benefits
Health insurance options
Standard and supplemental retirement plans
NCFlex program (numerous high-quality, low-cost benefits on a pre-tax basis)
Paid vacation
Sick, and community service leave
Paid parental leave
Company
NC Department of Health and Human Services
The Department of Health and Human Services manages the delivery of health- and human-related services for all North Carolinians.
Founded in 1971
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Erin Matteson
Chief Financial Officer, Opportunity and Well-being
Jean M. Sandaire
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