Principal Cost Analyst Hybrid #260820-6328AR-100
Location: 55 Farmington Avenue, Hartford, CT 06105
About Us
The Department of Social Services (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.
Benefits
- Professional growth and paid professional development opportunities
- Healthy work-life balance
- Eligibility for Public Service Loan Forgiveness after 10 years of service
- Comprehensive state employee benefits (visit the State Employee Benefits Overview page for details)
Schedule
- Full-time, 40 hours per week
- First (1st) shift, Monday - Friday
- Flexible schedule available
- Hybrid work schedule (telework and in-office)
About Connecticut
Connecticut offers a blend of professional advancement and a high-quality lifestyle, featuring:
- #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
Purpose of the Role
In the Department of Social Services, 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.
Responsibilities
- 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
- 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 recommends reimbursement rates to administrators
- Attends and participates in appeals hearings to evaluate cost trends by analyzing facility expenditures and/or adjustments in terms of need, policies, financial objectives, and legal requirements
- 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