Cost Allocation Consultant - Local Government & Indirect Costs

Overview

The organization is seeking a Cost Allocation Consultant for a city/county government engagement. The work will include developing a full cost allocation plan and an indirect cost rate proposal aligned with 2 CFR Part 200.

This role involves leading the engagement from financial data collection through final deliverables, helping the client understand the full cost of providing services and establish a documented basis for allocating shared costs.

Responsibilities

• Review budgets, expenditure records, organizational structures, and existing cost allocation practices.
• Partner with finance staff and department leaders to identify:
  • Direct costs
  • Shared services
  • Indirect cost pools
• Develop allocation methods supported by the client’s operations and available data.
• Prepare a full cost allocation plan and an indirect cost rate proposal aligned with applicable 2 CFR Part 200 requirements.
• Build clear calculation schedules and supporting documentation.
• Explain findings and recommendations to finance leadership and respond to review questions.
• Provide practical instructions so staff can maintain and update the plans.

Requirements

• Direct experience preparing full cost allocation plans and indirect cost rate proposals for cities or counties.
• Working knowledge of 2 CFR Part 200 cost principles and their application to local government.
• Experience analyzing governmental accounting records and allocating central service costs.
• Strong Excel modeling, documentation, and financial analysis skills.
• Ability to lead client meetings and explain technical findings in plain language.

Preferred Qualifications

• Experience supporting agency review or negotiation of indirect cost rates is preferred.

Compensation & Benefits

Not specified in the provided job description.

Location

City/county government engagement (specific location not provided).