Principal Cost Analyst

Introduction The State of Connecticut, Department of Social Services (DSS) is recruiting for an anticipated role as a Principal Cost Analyst for the Division of Health Services in the Reimbursement & CON Unit, located at 55 Farmington Avenue, Hartford, CT 06105. Position Highlights Full-time, 40 hours per week First (1st) shift Monday - Friday Flex Schedule available and hybrid work schedule (telework and in office) About Us DSS delivers and funds a wide range of programs and services as Connecticut's multi-faceted health and human services agency. DSS serves about 1 million residents of all ages in all 169 Connecticut cities and towns. We support the basic needs of children, families, older and other adults, including persons with disabilities. Services are delivered through 12 field offices, central administration, and online and phone access options. What's In It For You Visit our new State Employee Benefits Overview page! Professional growth and paid professional development opportunities. A healthy work-life balance to all employees. State of Connecticut is an eligible Public Service Loan Forgiveness employer, meaning you may be eligible to have qualifying student loan forgiveness after 10 years of service. Click here for more information. Thinking Of Relocating? Connecticut offers you a blend of professional advancement and a high-quality lifestyle. As a state we are renowned for our top-tier medical facilities and ample opportunities for career growth and development. Beyond professional prospects, Connecticut boasts a high standard of living, featuring safe communities, excellent schools, and a diverse range of cultural and recreational activities. This combination of professional excellence and a well-rounded lifestyle make Connecticut an appealing destination for those who want to thrive both in their careers and personal lives. Key Facts and Figures 4 in the U.S. for employees with advanced degrees 3 in the country for quality of K-12 education 5 for quality of life in the U.S. 2,000 miles of hiking/bike paths 618 miles of scenic coastline 21 world-class art museums Five Tony-Award winning regional theatres, and more! Check out CTVisit; they share so much valuable information on what it's like to work, play and live in our state! Selection Plan Please note that DSS takes part in the E-Verify system, which is a web-based system that allows enrolled employers to confirm the eligibility of their employees to work in the United States. Salary Calculations For current state employees, salary calculations are not necessarily comparable from one of the three branches of state government (i.e., Executive, Legislative, Judicial) to the other. Note: This position will be filled in accordance with contractual language, reemployment, SEBAC, transfer, promotion and merit employment rules. Candidates who are offered and accept a position with the State of Connecticut are bound by the State Code of Ethics for Public Officials and State employees, available at The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class.

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Due to high volume, we are unable to confirm receipt or provide status updates directly. For recruitment updates, please check your Personal Status Board and review our Frequently Asked Questions. If you have additional questions about the recruitment process, reach out to at View email address on click.appcast.io. Conclusion

AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER

The State of Connecticut is an equal opportunity/affirmative action employer and strongly encourages the applications of women, minorities, and persons with disabilities.

ACKNOWLEDGEMENT

As defined by Sec. 5-196 of the Connecticut General Statutes, a job class is a position or group of positions that share general characteristics and are categorized under a single title for administrative purposes. As such, a job class is not meant to be all inclusive of every task and/or responsibility.

PURPOSE OF JOB CLASS (NATURE OF WORK)

In the Connecticut Lottery Corporation, Departments of Children and Families, Developmental Services, Mental Health and Addiction Services, Social Services and Office of the State Comptroller this class is accountable for acting as a working supervisor over a team of technical personnel engaged in cost analysis or for independently performing highly complex cost analysis work.

EXAMPLES OF DUTIES

Plans unit workflow and determines priorities; Schedules, assigns, oversees and reviews work; Establishes and maintains unit procedures; Provides staff training and assistance; Conducts or assists in conducting performance evaluations; Acts as liaison with operating units, agencies and outside officials regarding unit policies and procedures; May make recommendations on policies or standards; May prepare reports and correspondence; Performs related duties as required.

CONNECTICUT LOTTERY CORPORATION

Independently performs highly complex cost, revenue and financial analysis functions; Coordinates budget preparation process and develops recommendations as to budgeted levels for various revenue and expense categories and line items; Reviews accounts and records for budgetary control of corporate expenses and revenues; Performs complete general ledger accounting in accordance with Generally Accepted Accounting Principles (GAAP); Prepares periodic financial statements for various product groups and operating departments; Performs cost benefit and break-even analyses for lottery retailer incentive programs, marketing campaigns and consumer promotional programs; Makes recommendations regarding design and modification of incentive programs for entrepreneurial sales staff and monitors program results; Creates and applies meaningful expense and revenue allocation schemes using cost accounting principles; Provides financial, analytical and statistical feedback to assist in development of strategic sales and marketing plans; Analyzes prize liability and unclaimed prizes by game; Provides sales and cost analyses, using statistical methods, trends and curve extrapolations to assist management in formulation of corporate policy; Assists in compilation of financial data necessary for preparing detailed complex financial statements; Acts as liaison with operating units, other state lotteries and lottery associations; May lead staff as assigned; Performs related duties as required.

DEPARTMENT OF SOCIAL SERVICES

Monitors a team of accountants engaged in cost analysis work of determining per diem rates of reimbursement for Medicaid supported patients or carries out such responsibilities directly; Consults with and advises administrators of facilities in preparation and presentation of financial and cost finding reports; Analyzes and interprets cost reports and recommended reimbursement rates to administrators; Attends and participates in appeals hearings for purpose of performing continuous evaluation of cost trends by analyzing facility expenditures and/or adjustments of expenditures in terms of need, policies, financial objectives and legal requirements and recommends appropriate action; Performs related duties as required.

DEPARTMENT OF CHILDREN AND FAMILIES

Monitors a team of accountants engaged in any of the following tasks or carries out such responsibilities directly: cost analysis work of determining per diem rates of reimbursement for children in residential placement, group homes and fee for service rates; Consults with and advises administrators of facilities in preparation and presentation of financial and cost finding reports; Analyzes and interprets cost reports and recommended reimbursement rates to administrators; Attends and participates in appeal hearings for purpose of performing continuous evaluation of cost trends by analyzing facility expenditures and/or adjustments of expenditures in terms of need, policies, financial objectives and legal requirements and recommends appropriate action; Independently performs highly complex cost, revenue and financial analysis functions; Coordinates budget preparation process and develops recommendations as to budgeted levels for various revenue and expense categories and line items; Reviews accounts and records for budgetary control of expenses and revenues; Prepares periodic financial statements; Performs cost benefit and break-even analyses; Provides cost analyses using statistical methods, trends and extrapolations to assist management in formulation of financial and budgetary policy; Assists in compilation of financial data necessary for preparing detailed complex financial statements; Acts as liaison with operating units; Performs related duties as required.

DEPARTMENT OF DEVELOPMENTAL SERVICES

Leads team of professional technical staff engaged in cost analysis work of determining rates of reimbursement for agency services; Independently performs highly complex cost, revenue and financial analysis functions; Analyzes and interprets cost reports and recommended reimbursement rates to administrators; Performs cost benefit and break-even analyses for agency initiatives; Provides financial, analytical and statistical feedback to assist in development of agency programs; Acts as liaison with operating units, other state agencies and private providers; Performs related duties as required.

DEPARTMENT OF MENTAL HEALTH & ADDICTION SERVICES

Leads team of professional technical staff engaged in cost analysis work of determining rates of reimbursement for behavioral health services; Performs highly complex cost, revenue and fiscal analysis work in determining rates of reimbursement; Negotiates rates with providers; Consults with and advises agency facilities on financial and cost finding reports; Analyzes and interprets cost and revenue reports and recommends reimbursement rates; Provides financial, analytical and statistical information to assist in budgeting and rate setting; Using statistical methods, trends and forecast models provides information to management; Assists in development of highly complex financial reports; Coordinates budget preparation process and develops recommendation as to budgeted levels for various revenue and expense categories and facility fund levels; Reviews accounts and records for budgetary control of expenses and revenues; Prepares detailed complex financial statements; May attend and participate in appeals hearings; May act as a liaison with operating units; Performs related duties as required.

OFFICE OF THE STATE

#J-18808-Ljbffr State of Connecticut - Department of Social Services