What are the responsibilities and job description for the Financial Analyst position at State of North Carolina?
Description of Work
This Position Is Funded In Part Through Federal Funds
The Financial Analyst supports the preparation and maintenance of the Public Assistance Cost Allocation Plan (PACAP) for the North Carolina Department of Health and Human Services. This position focuses on smaller, less intricate plans and is responsible for collecting and analyzing cost allocation statistics, preparing required worksheets and schedules, and ensuring adherence to federal regulations and Generally Accepted Accounting Principles (GAAP).
This role contributes to the overall effectiveness of the Office of the Controller by preparing cost plan amendments, developing cost allocation narratives and bases, and responding to inquiries from federal oversight agencies. The position also supports special project analyses requested by department leadership, playing a key role in departmental financial transparency and compliance.
Key Duties Include
The North Carolina Department of Health and Human Services (DHHS) is one of the largest, most complex agencies in the state, and has approximately 17,000 employees. It is responsible for ensuring the health, safety, and well-being of all North Carolinians, providing human service needs for special populations including individuals who are deaf, blind, developmentally disabled, and mentally ill, and helping poor North Carolinians achieve economic independence.
About DHHS Office Of The Controller
The Office of the Controller sets and interprets all accounting and financial reporting policies and procedures for the Department as authorized by the rules and regulations of the Office of the State Controller and state statutes and executes all accounting transactions for DHHS.
Compensation And Benefits
The State of North Carolina offers excellent comprehensive 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.
For more information about DHHS: https://www.ncdhhs.gov/
Knowledge, Skills And Abilities / Competencies
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 https://oshr.nc.gov/experience-guide for details.
Qualified applicants must possess, and application must clearly reflect work experience that demonstrates the following:
Bachelor's degree in accounting, banking, finance, business administration, economics, or a related discipline from an accredited institution
OR
An equivalent combination of education and experience
Supplemental and Contact Information
The North Carolina Department of Health and Human Services (DHHS) is an Equal Opportunity Employer who embraces an Employment First philosophy which consists of complying with all federal laws, state laws and Executive Orders. We are committed to reviewing requests for reasonable accommodation at any time during the hiring process or while on the job. For more information about DHHS: https://www.ncdhhs.gov/.
DHHS uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.
It is critical to our screening and salary determination process that applications contain comprehensive information. Information should be provided in the appropriate areas to include the beginning and ending dates of jobs worked, education with the date of graduation, all work experience, and certificates / licenses. Resumes will not be accepted in lieu of completing this application. Answers to Supplemental Questions must refer to education or work experience listed on this application to receive credit. Degrees must be received from appropriately accredited institutions.
Due to the volume of applications received, we are unable to provide information regarding the status of your application. To check the status of an application, please log in to your NC Government Job Opportunities account and click "Application Status".
If you are selected for an interview, you will be contacted by management. If you are no longer under consideration, you will receive an email notification.
If there are any questions about this posting, please contact Talent Acquisition at talentacquisition@dhhs.nc.gov.
For technical issues with your application, please call the NeoGov Help Line at 877-204-4442. If you have a technical issue with your Government Jobs account, please call their Help Line at 1-855-524-5627.
NOTE: For temporary, contract or other supplemental staffing appointments: There are no paid leave, retirement or other benefits associated with these appointment types.
For Permanent And Time-limited Appointments
Eligible employees have benefits that include employee health insurance options, standard and supplemental retirement plans, NC Flex (a variety of high-quality, low-cost benefits on a pre-tax basis), and paid vacation, sick, and community service leave, to name a few. Paid parental leave is available for eligible employees. Some benefits require 30 hours work/week for participation.
01
I UNDERSTAND that DHHS requires a complete descriptive work history with all employment experience detailed to be considered for employment. I have included all this information within my application. (NOTE: AN ATTACHED RESUME NOR "SEE RESUME" DOES NOT SATISFY THE REQUIREMENT OF COMPLETING THE APPLICATION. If you haven't completed the application requirements, please return to your application to finish it before submitting your application.)
How much experience do you have conducting financial analyses using advanced Excel functions, including pivot tables and lookup formulas? Please note that all experience must be clearly documented in the "Work Experience" section of the application to be given credit.
How much experience do you have validating and loading financial data into enterprise resource planning (ERP) systems such as NCFS, NCAS, Quickbooks, Oracle, or equivalent enterprise-level fiscal platforms? Please note that all experience must be clearly documented in the "Work Experience" section of the application to be given credit.
How much experience do you have compiling cost plan amendments and drafting formal responses to federal oversight or regulatory inquiries? Please note that all experience must be clearly documented in the "Work Experience" section of the application to be given credit.
How much experience do you have experience managing federal cost allocation plans preferably in a public-sector related environment? Please note that all experience must be clearly documented in the "Work Experience" section of the application to be given credit.
Where did you learn about DHHS or this opportunity?
Please give additional detail regarding where you learned of DHHS or this opportunity (e.g., APA Annual Meeting, Facebook, LinkedIn, Doximity, NC Substance Abuse Professional Practice Board, etc.).
This Position Is Funded In Part Through Federal Funds
The Financial Analyst supports the preparation and maintenance of the Public Assistance Cost Allocation Plan (PACAP) for the North Carolina Department of Health and Human Services. This position focuses on smaller, less intricate plans and is responsible for collecting and analyzing cost allocation statistics, preparing required worksheets and schedules, and ensuring adherence to federal regulations and Generally Accepted Accounting Principles (GAAP).
This role contributes to the overall effectiveness of the Office of the Controller by preparing cost plan amendments, developing cost allocation narratives and bases, and responding to inquiries from federal oversight agencies. The position also supports special project analyses requested by department leadership, playing a key role in departmental financial transparency and compliance.
Key Duties Include
- Collecting and validating monthly financial and statistical data.
- Developing and maintaining small-to-medium cost allocation databases.
- Applying cost modeling and database tools (Access, DB2) to generate allocation percentages.
- Preparing and updating cost allocation plans, narratives, and allocation bases.
- Supporting monthly cost allocation closings using simulated and actual data injections into NCFS.
- Identifying and resolving data discrepancies in collaboration.
- Drafting amendments and responses to federal inquiries on cost plans.
- Performing financial analyses to support special project requests from DHHS leadership.
- Maintaining documentation in compliance with federal guidelines and internal procedures.
- Coordinating with budget officers to ensure accurate and timely cost data reporting.
The North Carolina Department of Health and Human Services (DHHS) is one of the largest, most complex agencies in the state, and has approximately 17,000 employees. It is responsible for ensuring the health, safety, and well-being of all North Carolinians, providing human service needs for special populations including individuals who are deaf, blind, developmentally disabled, and mentally ill, and helping poor North Carolinians achieve economic independence.
About DHHS Office Of The Controller
The Office of the Controller sets and interprets all accounting and financial reporting policies and procedures for the Department as authorized by the rules and regulations of the Office of the State Controller and state statutes and executes all accounting transactions for DHHS.
Compensation And Benefits
The State of North Carolina offers excellent comprehensive 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.
For more information about DHHS: https://www.ncdhhs.gov/
Knowledge, Skills And Abilities / Competencies
- Proven experience conducting financial analyses using advanced Excel functions, including pivot tables and lookup formulas.
- Experience validating and loading financial data into enterprise resource planning (ERP) systems such as NCFS, Oracle, or equivalent enterprise-level fiscal platforms.
- Experience compiling cost plan amendments and drafting formal responses to federal oversight or regulatory inquiries.
- Proven experience managing federal cost allocation plans preferably in a public-sector related environment.
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 https://oshr.nc.gov/experience-guide for details.
Qualified applicants must possess, and application must clearly reflect work experience that demonstrates the following:
Bachelor's degree in accounting, banking, finance, business administration, economics, or a related discipline from an accredited institution
OR
An equivalent combination of education and experience
Supplemental and Contact Information
The North Carolina Department of Health and Human Services (DHHS) is an Equal Opportunity Employer who embraces an Employment First philosophy which consists of complying with all federal laws, state laws and Executive Orders. We are committed to reviewing requests for reasonable accommodation at any time during the hiring process or while on the job. For more information about DHHS: https://www.ncdhhs.gov/.
DHHS uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.
It is critical to our screening and salary determination process that applications contain comprehensive information. Information should be provided in the appropriate areas to include the beginning and ending dates of jobs worked, education with the date of graduation, all work experience, and certificates / licenses. Resumes will not be accepted in lieu of completing this application. Answers to Supplemental Questions must refer to education or work experience listed on this application to receive credit. Degrees must be received from appropriately accredited institutions.
- Applicants seeking Veteran's Preference must attach a DD-214 Member-4 Form (Certificate of Release or Discharge from Active Duty) to their applications.
- Applicants seeking National Guard Preference must attach a NGB 23A (RPAS) if they are a current member of the NC National Guard in good standing. If a former member of the NC National Guard, who served for at least 6 years and was discharged under honorable conditions, they must attach either a DD256 or NGB 22.
- If applicants earned college credit hours but did not complete a degree program, they must attach an unofficial transcript to each application to receive credit for this education.
- Applicants may be subject to a criminal background check. All candidates selected for positions considered "Positions of Trust" will be subject to a criminal background check.
- Must be accompanied by a copy of the applicant's transcript.
- Applicants with degrees not conferred at a United States college or university must attach verification that their degree is equivalent to a similar degree from a U.S. institution
- The State of North Carolina/Office of State Human Resources uses the National Association of Credential Evaluation Services (NACES) as a referral resource for applicants who need to have their credentials certified as equivalent.
- For a list of organizations that perform this specialized service, please visit the NACES membership website at https://www.naces.org/members.
Due to the volume of applications received, we are unable to provide information regarding the status of your application. To check the status of an application, please log in to your NC Government Job Opportunities account and click "Application Status".
If you are selected for an interview, you will be contacted by management. If you are no longer under consideration, you will receive an email notification.
If there are any questions about this posting, please contact Talent Acquisition at talentacquisition@dhhs.nc.gov.
For technical issues with your application, please call the NeoGov Help Line at 877-204-4442. If you have a technical issue with your Government Jobs account, please call their Help Line at 1-855-524-5627.
NOTE: For temporary, contract or other supplemental staffing appointments: There are no paid leave, retirement or other benefits associated with these appointment types.
For Permanent And Time-limited Appointments
Eligible employees have benefits that include employee health insurance options, standard and supplemental retirement plans, NC Flex (a variety of high-quality, low-cost benefits on a pre-tax basis), and paid vacation, sick, and community service leave, to name a few. Paid parental leave is available for eligible employees. Some benefits require 30 hours work/week for participation.
01
I UNDERSTAND that DHHS requires a complete descriptive work history with all employment experience detailed to be considered for employment. I have included all this information within my application. (NOTE: AN ATTACHED RESUME NOR "SEE RESUME" DOES NOT SATISFY THE REQUIREMENT OF COMPLETING THE APPLICATION. If you haven't completed the application requirements, please return to your application to finish it before submitting your application.)
- Yes, I understand and have fully completed all requirements.
How much experience do you have conducting financial analyses using advanced Excel functions, including pivot tables and lookup formulas? Please note that all experience must be clearly documented in the "Work Experience" section of the application to be given credit.
- No Experience
- Less than one (1) year of experience
- One (1) year of experience but less than two (2) years of experience
- Two (2) years of experience but less than three (3) years of experience
- Three (3) or more years of experience
How much experience do you have validating and loading financial data into enterprise resource planning (ERP) systems such as NCFS, NCAS, Quickbooks, Oracle, or equivalent enterprise-level fiscal platforms? Please note that all experience must be clearly documented in the "Work Experience" section of the application to be given credit.
- No Experience
- Less than one (1) year of experience
- One (1) year of experience but less than two (2) years of experience
- Two (2) years of experience but less than three (3) years of experience
- Three (3) or more years of experience
How much experience do you have compiling cost plan amendments and drafting formal responses to federal oversight or regulatory inquiries? Please note that all experience must be clearly documented in the "Work Experience" section of the application to be given credit.
- No Experience
- Less than one (1) year of experience
- One (1) year of experience but less than two (2) years of experience
- Two (2) years of experience but less than three (3) years of experience
- Three (3) or more years of experience
How much experience do you have experience managing federal cost allocation plans preferably in a public-sector related environment? Please note that all experience must be clearly documented in the "Work Experience" section of the application to be given credit.
- No Experience
- Less than one (1) year of experience
- One (1) year of experience but less than two (2) years of experience
- Two (2) years of experience but less than three (3) years of experience
- Three (3) or more years of experience
Where did you learn about DHHS or this opportunity?
- Company or OSHR Website
- Employee Referral
- Conference / Career Fair
- Email campaign
- Professional Association or Industry-specific job board
- Indeed
- NC Nursing Board email
- Other General Job Boards
- Other Search Engines
- Other Social Media
- Internet Advertisement
- TV / Radio
Please give additional detail regarding where you learned of DHHS or this opportunity (e.g., APA Annual Meeting, Facebook, LinkedIn, Doximity, NC Substance Abuse Professional Practice Board, etc.).
- Required Question
