Indirect Cost Rate Administrator

at Illinois Department of Children & Family Services in Springfield, Illinois, United States

Job Description


Springfield, IL, US, 62701

Job Requisition ID:  36999


Agency:  Department of Children and Family Services 
Closing Date/Time:  05/02/2024 
Salary:  Anticipated Starting Salary is $7,660 - $8,333/month 
Job Type:  Salaried 
County:  Sangamon 
Number of Vacancies:  1 
Plan/BU:  GB062 

REQ ID: 36999




****************A RESUME IS REQUIRED FOR THIS JOB POSTING****************

Please attach a DETAILED Resume/Curriculum Vitae (CV) to the MY DOCUMENTS section of your application. You WILL NOT be considered for the position if you attach a CMS100, CMS100b or any other document that is not a Resume or CV.

Position Overview

The Illinois Department of Children and Family Services is seeking an organized, professional, and results oriented individual to serve as Indirect Cost Rate Administrator.  Under administrative direction, this position will independently perform reviews and advanced level audit reviews encompassing the complete range of private agency operations for negotiating indirect cost rates.  The position will manage and conduct reviews of provider audit reports used for indirect cost rate proposals sent in by all private agencies and will review, compute, and analyze cost allocation procedures, working capital, current ratio, and Department revenue percentages.  This position provides a great opportunity for a motivated individual who is interested in playing a role in ensuring that DCFS implements sound fiscal policies and procedures in the administration of the agency.  DCFS offers a competitive compensation plan, excellent benefits, and a pension program.  The ideal candidate for this position will have excellent organizational skills and strong leadership skills.  We invite you to join our innovative team to help make a positive difference in the lives of the children and families of Illinois.

Job Responsibilities

1. Serves as Indirect Cost Rate Administrator, independently performs reviews and advanced level audit reviews encompassing the complete range of private agency operations for negotiating indirect cost rates under the Grant Accountability and Transparency Act throughout the state

2. Manages and conducts reviews of provider audit reports, Consolidated Year End Financial Reports, and indirect cost rates sent in by all private agencies

3. Composes complete and detailed audit reports regarding indirect cost rates

4. Provides guidance and training in reviewing budgets with indirect cost rates

5. Maintains contact with private agency accountants and/or CPA’s for explanation and clarification of financial statement items

6. Prepares for audits by reviewing DCFS, state, and federal policies, procedures, rules and regulations, prior audit reports, notes, applicable accounting and auditing standards, and other relevant materials

7. Provides training to new staff regarding the indirect cost rate, budgeting process, audit process, and DCFS policies and procedures and takes part in management training

8. Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above

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Job Posting: 11843294

Posted On: Apr 19, 2024

Updated On: May 02, 2024

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