Local Funding Financial Analyst III

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Brief Job Description:

The Financial Analyst III position is selected by and responsible to the Manager of the Provider Finance Department Local Funding Reports Team. This role will perform advanced (senior-level) analyses on financial, statistical, and other relevant data to monitor the financing structures that underlie local funding utilized as the non-federal share of Medicaid supplemental and directed payment programs. Prepares state-wide and local analyses of various aspects of local, state, and federal law to ensure ongoing compliance. The Financial Analyst III ensures the efficient design, modification and maintenance of provider data collection including analytical methods and procedures; highly complex computer applications, spreadsheets, and large databases used in the collection and analyses of data; and strategic operations and planning. Prepares summaries and reporting materials for federal auditors and identified areas of risk and potential roadblocks. Must be comfortable working on various projects including those with short-, mid-, and long-term goals and objectives; works well with a team within specified schedules, priorities, and standards for achieving established goals; and supports legislative related inquiries and analyses. Identifies potential areas of change and provides input on the development of alternative strategies and recommendations. The best fit for this role is someone that can adapt to change, think outside the box to modify current processes based on experience, and a self-starter. This position performs special projects and performs other duties as assigned. Works under minimal supervision, with extensive latitude for the use of initiative and independent judgment.

Essential Job Functions (EJFs):

Attends work on a regular and predictable schedule in accordance with agency leave policy and performs other duties as assigned. 

Participates in ongoing management of surveys to collect financial and other data from identified entities for use in the assessment of local funds. Ensures instruments used by other teams collect sufficient information to support the assessment and monitoring of local funds and provides process improvement suggestions to streamline workflow. Provides technical assistance related to survey development, survey completion, policy guidelines and rule requirements. Participates in the development, modification and maintenance of complex computer programs, spreadsheets and large databases used in the collection, review, and analysis of financial data and uses findings as a tool to assess compliance with Federal and State statutes. Performs detailed research on the governmental entities who transfer the non-federal share of the Medicaid supplemental and directed payment programs. (15%)

Review financial examinations and financial analyses to evaluate regional and global program compliance with state or federal regulations. Participates in the interpretation of data analyses and data research to determine appropriateness of results; ensures that options and recommendations are feasible and adequately address compliance issues. (35%)

Prepares written briefing documents and other documents and presents findings related to the results of local fund assessments, audits, and reporting materials for team leadership. (25%)

Interfaces and communicates effectively with diverse groups, including other agency staff, governmental entities, medical/provider associations, workgroups, advisory committees, legislative staff, client advocates, attorneys, state/federal auditors, and interested parties and takes detailed notes to summarize information being discussed. Participates in public hearings; meetings and workgroups; and prepares materials for presentations regarding the assessment and reporting of local funds. (20%)

Provides guidance to individuals on the team, as requested by team leadership. (5%)

Knowledge, Skills and Abilities (KSAs):

Knowledge of data analytics.

Knowledge of health and human services programs.

Knowledge of Medicaid reimbursement principles.

Knowledge of accounting principles.

Skill in the development and maintenance of complex computer applications, spreadsheets, and large databases.

Skill in interpersonal relationships, establishing and maintaining, effective working relationships.

Ability to manage projects effectively, including setting priorities and planning, organizing and coordinating the work of others.

Ability to develop, evaluate, implement and interpret policies, procedures and rules.

Ability to identify problems, evaluate alternatives, and implement creative solutions.

Ability to analyze complex and detailed accounting and reporting information.

Ability to exercise independent judgment, set priorities, meet deadlines and adapt to shifting technical and political developments.

Registrations, Licensure Requirements or Certifications:

N/A

Initial Screening Criteria:

Bachelor's Degree Required. Experience in Provider Finance or applicable organization may be substituted for education on a one-to-one basis.

Required 3 years of experience as a financial examiner, financial analyst, or other data analyst.

Additional Information:

Job will offer partial telework option but will require weekly in-office work.  

Training will be available upon selection for Medicaid reimbursement principles and laws and guidance governing relevant areas.

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Active Duty, Military, Reservists, Guardsmen, and Veterans:

Military occupation(s) that relate to the initial selection criteria and registration or licensure requirements for this position may include, but not limited to those listed in this posting. All active-duty military, reservists, guardsmen, and veterans are encouraged to apply if qualified to fill this position. For more information please see the Texas State Auditor’s Job Descriptions, Military Crosswalk and Military Crosswalk Guide at Texas State Auditor's Office - Job Descriptions.

ADA Accommodations:

In compliance with the Americans with Disabilities Act (ADA), HHSC and DSHS agencies will provide reasonable accommodation during the hiring and selection process for qualified individuals with a disability. If you need assistance completing the on-line application, contact the HHS Employee Service Center at 1-888-894-4747. If you are contacted for an interview and need accommodation to participate in the interview process, please notify the person scheduling the interview.

Pre-Employment Checks and Work Eligibility:

Depending on the program area and position requirements, applicants selected for hire may be required to pass background and other due diligence checks.

HHSC uses E-Verify. You must bring your I-9 documentation with you on your first day of work. Download the I-9 Form

Telework Disclaimer:

This position may be eligible for telework.  Please note, all HHS positions are subject to state and agency telework policies in addition to the discretion of the direct supervisor and business needs.