Job Title: Medicaid CAP (Cost Allocation Plan) Functional Specialist
Company Overview:
Pulivarthi Group is a premier global provider of staffing and IT technology solutions, renowned for delivering exceptional services tailored to each client's unique needs. With a steadfast commitment to excellence, we merge expertise with innovation, ensuring cost-effective solutions of the highest quality. Our diverse client base spans healthcare, finance, government, and beyond, reflecting our adaptability and proficiency across industries. Operating in the United States, Canada, and Mexico, we pride ourselves on aligning with clients' cultures, deploying top-tier talent, and utilizing cutting-edge technologies. Pulivarthi Group stands as a beacon of reliability, efficiency, and innovation in the realm of staffing solutions.
Job Overview/Summary:
We are seeking an experienced Medicaid CAP (Cost Allocation Plan) Functional Specialist to support and optimize Medicaid cost allocation methodologies, federal administrative cost claiming, and compliance with federal regulations. The ideal candidate will have hands-on experience in Medicaid CAP methodologies, knowledge of federal guidelines, and expertise in configuring and updating AlloCAP software settings.
Responsibilities:
- Apply Medicaid Cost Allocation Plan (CAP) methodologies to ensure compliance with federal requirements.
- Support federal administrative cost claiming processes, ensuring adherence to applicable regulations.
- Stay updated on and implement federal regulations, including:
- 2 CFR 200 – Uniform Administrative Requirements
- Cost Principles and Audit Requirements for Federal Awards
- Update and manage AlloCAP software configurations and settings.
- Collaborate with stakeholders to optimize cost allocation strategies and improve financial reporting accuracy.
- Analyze cost allocation data and provide insights for improved program efficiencies.
- Ensure all documentation and reporting align with federal and state Medicaid guidelines.
Primary Skills:
- 5+ years of experience in Medicaid Cost Allocation Plan (CAP) methodologies.
- Strong knowledge of federal administrative cost claiming processes.
- Expertise in 2 CFR 200 regulations, cost principles, and federal audit requirements.
- Hands-on experience updating and configuring AlloCAP software.
Secondary Skills (Good to Have):
- Experience working with state Medicaid agencies.
- Strong analytical and problem-solving skills.
- Familiarity with other cost allocation software solutions.
- Excellent written and verbal communication skills.
Qualifications:
- Bachelor's degree in Finance, Accounting, Public Administration, or a related field (preferred).
- Minimum 5 years of experience in Medicaid CAP methodologies and federal cost claiming.
Benefits/Perks:
- Competitive salary and comprehensive benefits package.
- Opportunity to work with government agencies and Medicaid programs.
- Career growth in Medicaid financial management and cost allocation.
- Collaborative and supportive work environment.
