
Financial Analyst 12 - Cost Allocation and Budget Analyst (Health Services Administration)
Lansing, MI · FlexibleFull-time$30.82–45.04/hrPosted todayStill listed today
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At a glance
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Job overview
The Financial Analyst 12 serves as the recognized cost allocation and budget analyst for Health Services, providing expertise for Medicaid, Behavioral Health, and Aging programs. The position leads financial activities, including cost allocation and budgeting, and supports accurate accounting, federal claiming, spending plans, and budget development. It also coordinates with stakeholders, develops policies and procedures, analyzes financial data, and reviews quarterly cost allocation results.
Skills & qualifications
Skills
Qualifications
Full job description
The MDHHS mission is to provide opportunities, services, and programs that promote a healthy, safe, and stable environment for residents to be self-sufficient. We are committed to ensuring a diverse workforce and a work environment whereby all employees are treated with dignity, respect and fairness. For more information, please visit our MDHHS Diversity, Equity, and Inclusion Plan. Serve as the recognized resource for the cost allocation and budget analyst for Health Services, providing subject-matter expertise for the Medicaid, Behavioral Health and Aging programs. As the administration’s expert in these areas, the position leads and coordinates all cost allocation, budgeting, and financial activities for Health Services by ensuring accurate PACAP and SIGMA updates, maintaining proper coding and accounting practices, collaborating with internal stakeholders, developing policies and procedures, preparing and analyzing financial data and reports, supporting spending plan and budget development, monitoring grant and payroll coding accuracy, ensuring consistent time tracking and federal claiming practices due to recent federal audits and disallowances, reviewing quarterly cost allocation results, and maintaining alignment between organizational changes and cost allocation methodologies. Position Description Job Specification To be considered for this position you must:
- Apply for this position online via NEOGOV; click on "Apply" in the job posting for instructions on submitting your electronic application. Hard copy applications are not accepted.
- Relevant experience and/or education referred to in the supplemental questions must be documented in the resume, transcript and/or application to allow for accurate screening.
- Attach a resume identifying specific experience and dates of employment. Dates of employment should include month and year and hours per week.
- Attach a cover letter.
- If applicable, attach a copy of an official transcript(s). We accept scanned copies of official transcripts. We do not accept web-based, internet, or copies of unofficial transcripts. Official transcripts provide the name of the institution, confirmation that a degree was awarded and on what date, and the registrar's signature.
Failure to complete any of the above items may result in your application not being considered. See instructions for attaching files here: Instructions EducationPossession of a bachelor's degree in any major with at least 12 semester (18 term) credits in one or a combination of the following: accounting, finance, or economics. Experience Three years of professional experience providing a systematic review, analysis, interpretation, and/or evaluation of budgets, mortgages, loans, or other financial data, equivalent to a Financial Analyst, including one year equivalent to a Financial Analyst P11, Accountant P11, or Auditor P11.College credits may be substituted on a proportional basis (one year of college education may substitute for one quarter of the required experience) for up to one half of the required experience.Position Location/Remote Office: The physical location of this position is 400 S. Pine Street, Lansing, MI. Based on operational needs and within established limits, remote work and alternate or hybrid work schedule requests for this position may be considered. Selected candidates who have been approved to work remotely or a hybrid schedule must complete that work within Michigan. Candidates should confirm work location and schedule at the time of interview. Employees will be provided computers to perform state work. Phones may also be provided for necessary communications. If working remotely, employees will be responsible for providing other components of a remote office at their own expense, including:
- A secure work location that allows privacy and prevents distractions.
- A high-speed internet connection of at least 25 Mbps download and 5 Mbps upload.
- Suitable lighting, furniture, and utilities.
Your application for any position does not guarantee you will be contacted by the Department/Agency for further consideration. Only those applicants interviewed will be notified of the results. The use of artificial intelligence (AI) software of any kind is prohibited in all areas of the selection process; including, but not limited to, responses to application questions, and responses to interview questions or exercises. As a Condition of Employment: this position requires successful completion of a background investigation and a criminal records check. If you previously held status in this classification and departed within the last three (3) years, please contact Human Resources regarding your interest in a potential reinstatement. Reinstatement is not guaranteed or required. The Department of Health & Human Services reserves the right to close this posting prior to its original end date once a sufficient number of applications have been received. For information about this specific position, please email [email protected]. Please reference the job posting number in subject line.
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How this job compares
Set against the 6,133 open Financial Analyst jobs on Olive Jobs, counted November 12, 2026.
- Pay
- This posting$30.82–45.04/hr
- US median$28–40/hr317 hourly ranges
This range's midpoint, $37.93/hr, is 6% above the US median midpoint ($36/hr) — in the top quarter of Financial Analyst hourly ranges across the US.
- Openings
- Olive Jobs lists 77 open Financial Analyst jobs in Michigan and 6,133 across the US. 4% of them nationwide are listed as remote or flexible.
- Hiring the most in Michigan
- Oracle11 open
- University of Michigan5 open
- Highmark Health4 open
- Experience
- Financial Analyst postings that state a minimum ask for 4 years of experience at the median; the middle half ask for 2 to 5 years (4,800 postings).
- Education
- 2,969 of the 6,133 open Financial Analyst jobs (48%) ask for a bachelor's degree or higher.
Counted across the open, public US postings on Olive Jobs on November 12, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.
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