Financial Analyst 12 - Cost Allocation and Budget Analyst (Health Services Administration)

State of Michigan•Lansing, MI

1d•Hybrid

About The Position

Serve as the recognized cost allocation and budget analyst for Health Services Administration, providing subject-matter expertise for Medicaid, Behavioral Health, and Aging programs. Lead and coordinate Health Services’ cost allocation, budgeting, and financial activities. This includes maintaining accurate PACAP and SIGMA updates; proper coding and accounting practices; collaborating with internal stakeholders; developing policies and procedures; preparing and analyzing financial data and reports; supporting spending-plan and budget development; monitoring grant and payroll coding accuracy; ensuring consistent time tracking and federal claiming practices in light of recent federal audits and disallowances; reviewing quarterly cost allocation results; and maintaining alignment between organizational changes and cost allocation methodologies. The position is physically located at 400 S. Pine Street, Lansing, Michigan. Remote work or an alternate or hybrid schedule may be considered based on operational needs and within established limits. Approved remote or hybrid work must be performed within Michigan. Employees will be provided computers, and phones may be provided for necessary communications. Remote employees are responsible for providing other remote-office components at their own expense, including a private, secure work location, internet service of at least 25 Mbps download and 5 Mbps upload, suitable lighting and furniture, and utilities. Employment is conditional on successful completion of a background investigation and criminal records check. Applicants must apply online through NEOGOV and provide a resume with employment dates and hours per week, a cover letter, and, if applicable, an official transcript. The posting states that AI software is prohibited in all areas of the selection process.

Requirements

Bachelor’s degree in any major, including at least 12 semester credits (18 term credits) in accounting, finance, or economics, or a combination of those subjects.
Three years of professional experience providing systematic review, analysis, interpretation, and/or evaluation of budgets, mortgages, loans, or other financial data, equivalent to a Financial Analyst.
At least one year of experience equivalent to a Financial Analyst P11, Accountant P11, or Auditor P11.
Relevant experience and education cited in supplemental questions must be documented in the resume, transcript, and/or application.
Submit an online application through NEOGOV, a resume listing specific experience and employment dates (month and year) and hours per week, and a cover letter. Submit an official transcript if applicable.
Successful completion of a background investigation and criminal records check.
If approved for remote or hybrid work, perform that work within Michigan and provide the specified remote-office components at personal expense.
AI software of any kind is prohibited in all areas of the selection process.

Nice To Haves

College credits may substitute proportionally for up to one half of the required experience: one year of college education may substitute for one quarter of the required experience.

Responsibilities

Lead and coordinate cost allocation, budgeting, and financial activities for Health Services.
Provide subject-matter expertise on cost allocation and budgeting for Medicaid, Behavioral Health, and Aging programs.
Ensure accurate PACAP and SIGMA updates and maintain proper coding and accounting practices.
Collaborate with internal stakeholders and develop policies and procedures.
Prepare and analyze financial data and reports.
Support spending-plan and budget development.
Monitor grant and payroll coding accuracy.
Ensure consistent time tracking and federal claiming practices, in response to recent federal audits and disallowances.
Review quarterly cost allocation results.
Maintain alignment between organizational changes and cost allocation methodologies.