Financial Analyst I

State of North Carolina; Wake Forest (NC); Presencial; USD 48.000 - 83.000; Jornada completa

Descripción de la vacante

The North Carolina Department of Adult Correction is seeking a Financial Analyst I to support the Controller’s Office. This position ensures accurate recording, disbursement, and reporting of department resources in line with GAAP and state policies.

You will assist with the ACFR, accruals, journal entries, and cost reporting, while coordinating monthly allocations and reconciliations. Strong knowledge of financial management concepts and compliance is essential.

Formación

• Bachelor’s degree in healthcare administration, accounting, banking, finance, business administration, economics, or related discipline from an accredited institution or an equivalent combination of education and experience.
• Basic knowledge of general financial management principles.
• Basic knowledge of current federal, state and local government programs.
• Basic problem-solving to interpret compliance findings.
• Basic project management 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.

Responsabilidades

• Assist with the Department’s Annual Comprehensive Financial Report (ACFR), accruals, year-end journal entries, worksheets and footnotes.
• Assist in preparing cost reports, monthly allocations, EAGLE, inventory, bank reconciliations, and other duties.
• Coordinate development of fiscal policy and ensure compliance with GAAP and state/federal laws.

Conocimientos

Financial management principles

Investment risk analysis

Debt management

GAAP/compliance

Educación

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

Descripción del empleo

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

Unleash your potential and join our team to make a significant impact!
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!

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

Recruitment Range: $47,703 - $83,479

Knowledge, Skills and Abilities/Management Preferences

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:

• 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.

Minimum Education and Experience

Some state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both. See the Education and Experience Equivalency Guide for details.

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.