What are the responsibilities and job description for the Cost Allocation Consultant position at Radiant Digital?
At Radiant Digital, we provide IT solutions and consulting services to help government agencies and businesses in the USA, Canada, the Middle East, and Southeast Asia. On the federal side, we support agencies like NASA, the Department of State (DOS), the IRS, ACL, ACF,USDA and many others, along with numerous state and local government agencies.
We work with industries like telecom, healthcare, entertainment, oil and gas offering solutions designed to meet their specific needs. We focus on improving systems, making better use of data, and updating applications to keep up with changing markets.
Position: Cost Allocation Consultant
Duration: 3 Years
Location: Remote - Jackson, MS 39201 (Must report onsite for 4 hours Training)
Job Description
- Review Cost Allocation Plan (CAP) submissions to ensure compliance with federal regulations including drafting CAP narrative edits (DOM will submit at least one CAP per year, and may submit two.)
- Identify opportunities to increase federal funding for activities and make changes to software configurations as needed
- Assist with cost impact calculations related to CAP updates
- Assist the Comptroller with responding to questions from Cost Allocation Services and Centers for Medicare & Medicaid Services on CAP submissions
- Provide training on site at least four (4) hours annually on current cost allocation principles, specifically focused on Medicaid topics
- Respond to questions from DOM’s Senior Leadership on the applicability of cost allocation principles and federal administrative claiming principles in projects or programs under consideration
- Perform updates to AlloCAP software to optimize use of the software and make identification of issues easier 8. Perform updates to AlloCAP software for updates made to state administrative software (MAGIC, SPAHRS, Workday, etc.)
Required skills/Experience
The successful resource will have five or more years of experience in the following area:
Experience in Medicaid Cost Allocation Plan (CAP) methodologies.
Experience in application of Medicaid Cost Allocation Plan (CAP) methodologies.
Experience in federal administrative cost claiming.
Demonstrate experience in and knowledge of federal regulations, including, but not limited to:
- 2 CFR 200 Uniform Administrative Requirements
- Cost Principles
- Audit Requirements for Federal Awards.
Experience in updating AlloCAP software configurations and settings.