Finance Business Compliance Analyst I

State of North Carolina

1d • Hybrid

About The Position

The Financial Analyst position is directly responsible for monitoring and oversight of case services transactions totaling over $55 million annually. The Accountability section provides financial management and oversight, budget development and implementation, and resource acquisition and management for the Divisions of Vocational Rehabilitation Services. Specific areas include budget management, cash management, federal reporting, case services payment oversight, financial monitoring, financial technical assistance to stakeholders, contracting and procurement of goods and services. The section strives for efficiency and accountability in the administration of services to help people with disabilities find employment and remain in the community. This position located in Raleigh provides the chance to exercise business skills while working in an environment where what you do matters to the people we serve. The position is located in Raleigh, North Carolina area and has a flexible work schedule. These functions include: 1) Fiscal Monitoring Case Service Contracts and Case Services Payments: This position plans, direct and coordinate the fiscal oversight of case services activities to ensure compliance with the terms and conditions of the contract, federal cost principles and audit requirements. Duties include (but are not limited to): Develop monitoring tools to be used for approval of contract payments. Review and approve contract payments requests. Perform financial monitoring reviews monthly, quarterly and annually through examination and analysis of fiscal records and reports and other pertinent information to ensure compliance with contract terms, State laws and Federal legislation. On-site visits may be required depending on audit findings. Monitor provider’s compliance with the corrective plan and advise supervisor and contract administrator of deviations and proposed recommendations. Completion of financial reports and federal certifications. 2) Provide technical expertise for contract monitoring beginning with the contract development phase, helping contract administrators develop monitoring tools relevant to contract deliverables and outcomes; ensure contract administrators complete monitoring during the execution phase. Assist staff and vendors regarding allowable costs, audit requirements, accountability and internal controls. 3) This position must be skilled in research, analytical and reporting techniques and processes to be able to work independently and be able to troubleshoot complex issues and coordinate information requests by assessing and interpreting Federal/ State regulations and Generally Accepted Accounting Principles to ensure compliance.

Requirements

• A Bachelor's degree in accounting, finance, or business administration, ppublic administration, or a related discipline from an accredited instution and one year of related experience; or an equivalent combination of education and experience.

Nice To Haves

• Experience communicating to others (both internal and external) complex federal and state laws, regulations, and policy regarding cost principles and audit requirements.
• Experience reviewing financial documentation, applying internal controls to ensure payment requests are in compliance with contract terms.
• Experience in federal and state audits both working with auditors and implementing corrective action plans related to fiscal oversight and integrity.
• Experience with data and financial systems
• Experience in creating and maintaining complex spreadsheets and export/import financial data from various subsystems

Responsibilities

• Plans, direct and coordinate the fiscal oversight of case services activities to ensure compliance with the terms and conditions of the contract, federal cost principles and audit requirements.
• Develop monitoring tools to be used for approval of contract payments.
• Review and approve contract payments requests.
• Perform financial monitoring reviews monthly, quarterly and annually through examination and analysis of fiscal records and reports and other pertinent information to ensure compliance with contract terms, State laws and Federal legislation.
• Monitor provider’s compliance with the corrective plan and advise supervisor and contract administrator of deviations and proposed recommendations.
• Completion of financial reports and federal certifications.
• Provide technical expertise for contract monitoring beginning with the contract development phase, helping contract administrators develop monitoring tools relevant to contract deliverables and outcomes; ensure contract administrators complete monitoring during the execution phase.
• Assist staff and vendors regarding allowable costs, audit requirements, accountability and internal controls.
• Skilled in research, analytical and reporting techniques and processes to be able to work independently and be able to troubleshoot complex issues and coordinate information requests by assessing and interpreting Federal/ State regulations and Generally Accepted Accounting Principles to ensure compliance.

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 leave.
• In addition, paid parental leave is available to eligible employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees