Financial Analyst I

Adult Correction; United States; On-site; USD 48,000 - 83,000; Full time

Benefits offered by this job

Health insurance

Paid time off

Retirement benefits

Professional development opportunities

Job summary

The North Carolina Department of Adult Correction seeks a Financial Analyst I (NS) to support the Controller’s Office in managing financial resources and ensuring GAAP compliance within state government accounting standards.

You will assist in ACFR preparation, accruals, year-end journal entries, cost reports, and monthly allocations; participate in internal audits and coordinate with healthcare providers and other agencies to resolve claims and improve processes.

Qualifications

• Bachelor's degree in healthcare administration, accounting, banking, finance, business administration, economics, or related discipline.
• Experience with GAAP and government accounting standards.
• Ability to interpret laws and regulations.
• Strong analytical and communication skills.

Responsibilities

• Assist with ACFR preparation and accruals.
• Prepare year-end journal entries and worksheets.
• Assist in cost reports and monthly allocations.
• Coordinate internal audits of healthcare operating systems.
• Identify cost savings opportunities and liaise with stakeholders.

Skills

GAAP knowledge & finance

Public program knowledge

Problem solving

Project management

Compliance auditing

Education

Bachelor's degree in healthcare administration, accounting, banking, finance, business administration, economics, or related discipline

Job description

Title and Position

Agency Adult Correction Division COO - Administration Job Classification Title Financial Analyst I (NS) Position Number 60075595 Grade NC12

About Us

The NC Department of Adult Correction is one of the largest state agencies with more than 14,000 employees. It is responsible for safeguarding and preserving lives and property through prevention, protection, and preparation as well as the care, custody, and supervision of all adults sentenced for violating North Carolina laws. This department includes state prisons with custody, healthcare, and facility operations staff as well as probation/parole officers who supervised sentenced people in the community. Other divisions include Administration, Health Services, Rehabilitation & Reentry, Special Operations and the Post-Release Supervision & Parole Commission. We have a mission that matters!

Description of Work

The primary purpose of the Department of Adult Correction Controller’s Office is to ensure that all department financial resources and funds are received, disbursed, recorded, and accounted for in accordance with all applicable State and Federal laws and regulations, Generally Accepted Accounting Principles (GAAP) and Department policy and procedures. The Controller’s Office at the agency level has oversight responsibility of the North Carolina Financial System in regard to transactions which affect the financial responsibility of this department and is accountable to the Office of the State Controller for the integrity of that data. This position assists with the preparation of the Department’s Annual Comprehensive Financial Report (ACFR), assisting with the accrual process, preparation of year end journal entries, worksheets, and footnotes. This position assists in the preparation of various required cost reports, monthly allocations for the Department, EAGLE (Enhancing Accountability in Government through Leadership and Education), Annual inventory, monthly bank reconciliations and other duties as assigned. Provides leadership and coordinates the development of and changes to fiscal policy, ensuring the Department’s fiscal policy follows all State and Federal laws and regulations. Position is to perform internal audits of payment transactions within the healthcare operating systems. This is accomplished by preparing planned reviews, reviewing business documents, and implementing processes aligned with business functions and practices for compliance and quality management. This position also identifies areas for cost avoidance, liaison for the section between agency & Claims Contractor, Division of Prisons Social Workers, other State agencies, and medical providers to assist in resolution of claims payment issues and/or accounting transactions within the department.

Knowledge, Skills and Abilities / Management Preferences

• Basic knowledge of the general principles of financial management, investment capital risk analysis, debt management, and generally accepted accounting principles and/or investment practices.
• Basic knowledge of current federal, state and local government programs.
• Basic problem-solving skills to interpret compliance and report findings to management.
• Basic project management skills to work as a team to develop new processes and procedures based upon changes in laws and regulations or industry practice.
• Experience reviewing and documenting compliance with laws and regulations.

Recruitment Range

$47,703 - $83,479

Minimum Education and Experience

Bachelor's degree in healthcare administration, accounting, banking, finance, business administration, economics, or a related discipline from an accredited institution or an equivalent combination of education and experience.

Management Preference

• Candidates with two or more years of related healthcare International Classification of Diseases (ICD-10), Current Procedural Terminology (CPT)
• Understanding of CPT codes, HCPCS codes, ICD-10 codes, comprehensive Healthcare Methodologies
• Knowledge of Medicare and Medicaid rules (understandings)
• at least 2 years of experience in the healthcare billing and reimbursement (preferable reimbursement side)

EEO Statement

The State of North Carolina is an Equal Employment Opportunity Employer and dedicated to providing employees with a work environment free from all forms of unlawful employment discrimination, harassment, or retaliation. The state provides reasonable accommodation to employees and applicants with disabilities; known limitations related to pregnancy, childbirth, or related medical conditions; and for religious beliefs, observances, and practices.

Employer Benefits

• Eligible state employees are entitled to comprehensive benefits, including a variety of leave options, professional development opportunities, insurance, and more.

Application Close Date

All job postings close at 11:59pm the night before the End Date on the posting.

Additional Information

North Carolina State Government is one of the state’s largest employers, with over 76,000 employees all working toward a common goal: a safer and stronger North Carolina. We are a large organization comprised of various agencies, offices, and universities, each providing important public services. Permanent, temporary, and time-limited state government jobs can be found from the mountains to the coast. Find your next opportunity today!