State of Washington Classified Job Specification
COST REIMBURSEMENT ANALYST 2
Class Series Concept
Performs accounting, cost allocation, financial and management analysis of social and health service vendors or other departmental programs which receive cost related reimbursement payments from governmental sources.
Definition
Independently conducts reviews of vendors’ financial statements, organizational structures and service delivery modes to establish reimbursement rates for vendors of departmental programs.
Typical Work
Independently performs analysis and evaluation of complex cost reports, cost allocations, or financial data for establishing reimbursement levels or performance standards for compliance with federal and state law and regulations and generally accepted accounting principles;
Independently analyzes management and service provision for reimbursement adjustments or exceptions;
Prepares comprehensive written determinations explaining results of findings including analytic conclusions, decisions, and recommendations;
Prepares and presents oral testimony at administrative reviews, fair hearings, and/or Advisory Committee Reviews; defends judgment and technical conclusions in adversarial proceedings with industry expert consultants and attorneys;
Conducts special investigations of costs, management, or services as required;
Monitors and reviews budget allocation base data submitted by departmental organizations and maintains the departmental automated cost allocation system for assigned organizations;
Plans, develops, and writes the cost allocation schedules and guidelines for department wide and statewide indirect costs that are affected by program and organizational changes;
May supervise lower level staff.
Legal Requirement(s)
There may be instances where individual positions must have additional licenses or certification. It is the employer’s responsibility to ensure the appropriate licenses/certifications are obtained for each position.
Persons legally authorized to work in the U.S. under federal law, including Deferred Action for Childhood Arrivals recipients, are eligible for employment unless prohibited by other state or federal law.
Desirable Qualifications
Most positions require a Bachelor’s degree in business or public administration or a relevant field with 12 semester or 18 quarter hours in accounting plus two years of experience in accounting, auditing, or budgeting. Successful completion of the Washington State Board of Accountancy can substitute for the experience. A Master’s degree in a relevant field can also substitute for the experience.
Class Specification History
Revised class series concept and definition; adopted August 13, 2015; effective August 14, 2015.
Revised Legal Requirements; effective June 6, 2024, due to adopted legislative action.