Principal Cost Analyst

Are you a self-starter? Are you looking to take the next step in your career? If so, please read on to learn more about this wonderful opportunity!  

The State of Connecticut, Department of Social Services (DSS), has a mission that we, along with our partners, provide person-centered programs and services to enhance the well-being of individuals, families and communities.

We are currently recruiting for a Principal Cost Analyst for the Division of Health Services in the Reimbursement Con Rate Setting Unit, located at 55 Farmington Avenue, Hartford, CT 06105. This position is full-time, 40 hours per week with a work schedule of Monday – Friday 8:00am – 4:30pm.    

You will discover the opportunity to:  

• Engage in a rewarding career;
• Showcase your talents in a meaningful role;
• Thrive in an exciting environment;
• Provide support to a division that is passionate about the work we do;
• Make a difference in the public sector;
• Work together in a collaborative team environment.  

We hope you take this opportunity to continue your career with us and make an impact by serving your state!

In order to be considered for this job opening you must be a current State of CT employee of the agency listed above for at least six (6) months of full-time service or full-time equivalent service, absent any applicable collective bargaining language, and meet the Minimum Qualifications as listed on the job opening.  You must specify your qualifications on your application.  

These positions will be filled in accordance with contractual language, reemployment, SEBAC, transfer, promotion and merit employment rules.

The Department of Social Services participates in E-Verify.

In order to comply with Public Act 21-69, the State of Connecticut is no longer asking for resumes during the initial application process.

Applicants must meet the Minimum Qualifications as listed on the job opening and must specify their qualifications on their application. The minimum experience and training requirements must be met by the close date on the job opening, unless otherwise specified. 

Please note you will be unable to make revisions once you submit your application for this posting to the JobAps system. Interviews will be limited to candidates whose experience and training most closely meet the requirements of the position. 

The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class.

Although applicants will receive correspondence via email, as a backup they are also encouraged to sign on to their Personal Status Board on a daily basis to monitor their status, view all emailed notices and complete tasks required in the recruitment process. 

Due to the large volume of applications received, we are unable to provide confirmation of receipt or status during the recruitment process. Updates will be available through your JobAps portal account.   

Note:  At any point during the recruitment process, applicants may be required to submit additional documentation which support their qualification(s) for this position.  These documents may include:  a cover letter, resume, transcripts, diplomas, performance reviews, attendance records, supervisory references, licensure, etc., at the discretion of the hiring agency.  Applicants must meet the minimum qualifications as indicated to apply for this position. 

This posting may require completion of additional referral questions (RQs). You can access these RQs via an email that will be sent to you after the posting's closing date or by visiting your JobAps Personal Status Board (Certification Questionnaires section). Your responses to these RQs must be submitted by the question's expiration date. Please regularly check your email and JobAps Personal Status Board for notifications. Please check your SPAM and/or Junk folders on a daily basis in the event an email provider places auto-notification emails in a user's spam. 

If selected for further consideration, State employees may be required to provide last 2 service ratings and last 2 attendance records.

If you have any questions regarding this recruitment, please contact Julie Barker at Julie.Barker@ct.gov.

All application materials must be received by the recruiting agency by the time specified on the job opening for the position for which you are applying. Late applications may not be submitted and will not be considered. Exceptions are rare and limited to documented events that incapacitate a candidate during the entire duration of the job posting time period.  It is the candidate’s obligation and responsibility to request an exception and provide a legally recognized justification to accommodate such exception.  Requests should be made to DAS.SHRM@ct.gov.

In the Connecticut Lottery Corporation, Departments of Children and Families, 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.

Interpreting and applying federal and state laws and regulations related to healthcare providers. Analyzing detail financial reports including capital improvement agreements for healthcare providers such as boarding and group homes. Oversite of cost reporting and development of rates for state run facilities reimbursed through the certified pubic expenditures. Supports development of state plan amendments requiring comprehensive written descriptions of the nature and scope of the State’s Medicaid program necessary for CMS to determine whether the plan can be approved to serve as the basis for Federal Financial Participation (FFP) in the State program. Develop reimbursement mythologies for new Medicaid services.   Also perform related duties as required. Additional information can be found here.  

Considerable knowledge of principles and practices of business administration; considerable knowledge of principles and techniques of health care budgeting, budget control and cost accounting; some knowledge of research techniques and statistical principles and procedures; considerable oral and written communication skills; interpersonal skills; considerable ability to interpret costing and reporting regulations; some supervisory ability; ability to utilize computer software.

Eight (8) years of experience in technical work in cost accounting or fiscal management.
NOTE: Fiscal management is defined as professional accounting or auditing work with responsibility for the review and recommendation of financial policies and procedures of a business organization.

One (1) year of the General Experience must have been in an advanced professional capacity recommending cost funding policies in a medical, intergovernmental or quasi-public setting.
NOTES:
1. For State Employees, experience in an advanced professional capacity is interpreted as experience at the level of an Associate Accountant or above.
2. Intergovernmental is defined as interactions between a state government and the federal government or within or between state government(s).

1. College training may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor's degree.
2. A Master's degree in accounting, business administration or hospital administration may be substituted for one (1) additional year of the General Experience.
3. Certification as a Certified Public Accountant may be substituted for one (1) additional year of the General Experience.

• Experience interpreting and applying federal and state laws and regulations related to healthcare.
• Experience in analyzing detail financial reports including capital improvement agreements for healthcare providers.
• Experience in accounting, and certified public expenditures including time study protocol and cost report format.    
• Experience with how interim payments are derived.
• Experience with how interim and final payments are reconciled.
• Experience identifying direct and indirect cost allocations and settlement of the cost reports.

CONNECTICUT LOTTERY CORPORATION: Incumbents must obtain an occupational license in accordance with Section 12-802a of the Connecticut General Statutes.

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.