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About the Role

The Financial Analyst II position is responsible for reporting statistical and other relevant data in relation to financing structures where local funding is utilized as the non-federal share of Medicaid supplemental and directed payment programs. This role involves compiling, reviewing, analyzing, and evaluating complex financial data, preparing reports, and responding to inquiries. The FA II contributes to internal reports and studies analyzing supplemental payment programs and managed care organization data, and prepares presentations for various audiences.

Responsibilities

Reports statistical and other relevant data in relation to financing structures where local funding is utilized as the non-federal share of Medicaid supplemental and directed payment programs.
Communicates with stakeholders about annual reporting and assists with website updates and accessibility for posted documents.
Compiles, reviews, analyzes, and evaluates highly complex financial data.
Prepares reports and responds to inquiries.
Recommends appropriate action to resolve financial and regulatory problems.
Contributes to internal reports, studies, or other deliverables containing analyses of various supplemental payment programs and managed care organization data.
Prepares presentations for professional organizations, governmental entities, and the public, including detailed speaking notes.
Ensures compliance with established procedures, requirements, laws, and regulations.
Ensures completeness of data and presence of adequate documentation.
Designs data collection instruments and detailed instruction manuals.
Provides technical assistance related to survey completion, policy guidelines, and rule requirements.
Oversees the development, modification, and maintenance of complex computer programs, spreadsheets, and large databases.
Performs complex financial analysis on HHSC program data related to supplemental payment programs, financial examinations, and financial analysis to evaluate compliance with state or federal regulations.
Provides guidance in the interpretation of data analysis and data research.
Develops and implements financial policies and procedures internal to the HHSC Provider Finance Department.
Creates, evaluates, and may review methodologies.
Conducts highly complex analyses related to supplemental payment and managed care organizations’ financial programs and reimbursement techniques.
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.

Requirements

Graduation from an accredited 4-year college or university required.
Experience in financial modeling, forecasting, or provider reimbursement preferred.
Experience and education may be substituted for one another.
Prior experience in finance or related position.
Must bring I-9 documentation on the first day of work.

Skills

Knowledge of Texas Health and Human Services Commission's programs and functions.
Knowledge of Medicaid reimbursement principles.
Knowledge in accounting principles.
Knowledge of Texas Administrative Code (TAC), HHSC program rules, and federal and state regulations pertaining to Medicaid.
Skill in the development of reimbursement methods and payment rates, formulas, and procedures or complex cost analysis.
Skill in the design, development, and maintenance of complex computer applications, spreadsheets, and large databases.
Skill in interpersonal and relationship building, including the ability to collaborate among multiple parties, work with people under pressure, resolve conflicts, and establish and maintain effective working relationships.
Skill in using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Skill in using a computer and applicable software.
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.
Ability to communicate effectively and present to executive leadership.

Location

AUSTIN

Work Type

Eligible for Telework
Hybrid work environment
Full time

Experience Level

Senior-level
Minimal supervision

Education Level

Graduation from an accredited 4-year college or university

Salary/Compensations

$4,801.16 - $7,761.50 Monthly

Benefits

100% paid employee health insurance for full-time eligible employees
Defined benefit pension plan
Generous time off benefits
Numerous opportunities for career advancement

About the Company

Join the Texas Health and Human Services Commission (HHSC) and be part of a team committed to creating a positive impact in the lives of fellow Texans.
At HHSC, your contributions matter, and we support you at each stage of your life and work journey.

Equal Opportunity

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.
All active-duty military, reservists, guardsmen, and veterans are encouraged to apply if qualified to fill this position.