Financial Analysis and Audits Manager (SPSA, Opt 2)

State of Illinois • Springfield, MO

2d • Hybrid

About The Position

The Illinois Department of Healthcare and Family Services, Division of Finance, Bureau of Health Finance is seeking to hire a detailed-oriented manager for the position of Financial Analysis and Audits manager. The ideal candidate should find interest in reviewing healthcare provider cost reports and working with electronic spreadsheets and databases. The position will supervise and conduct desk audits and reviews of Bureau cost reports for provider types including hospitals, Federally Qualified Health Centers (FQHC) nursing home capital reports, ambulance transportation providers, and others as needed. The ideal candidate should possess work experience with Medicare and Medicaid cost reporting requirements, rate setting methodologies for hospitals, nursing homes, and other Medicaid providers, accrual basis accounting, developing financial analysis review reports, audit reports, and audit checklists. A Certified Public Accountant designation is preferred. HFS values employees with different backgrounds, life experiences, and talents. Employees receive a robust benefit package including: Monday-Friday work schedule Flexible work schedules are available in many program areas. (Remote work may be an option for certain positions.) Health, Life, Vision, and Dental Insurance Pension Plan Paid Parental Leave Deferred Compensation Program and other pre-tax benefit programs (Medical/Daycare) Employees earn (12) paid Sick Days annually. New Employees earn (10) paid Vacation Days their first year of service and can earn up to (25) paid Vacation Days annually. Employees earn (3) paid Personal Days annually. (13-14) paid holidays annually (based on start date) If you are seeking a new opportunity, and this position appeals to you, please apply today! At the Illinois Department of Healthcare and Family Services (HFS), we value staff as our greatest asset. We work in a spirit of teamwork to help millions of Illinoisans access high quality healthcare and fulfill child support obligations to advance their physical, mental, and financial well-being. We provide healthcare coverage for children and adults through Medicaid and other medical programs, and we help ensure that children receive financial resources from both their parents through Child Support Services. The HFS Office of the Inspector General investigates, audits and reviews program activity to ensure the integrity of our programs is maintained. HFS is committed to promoting and preserving a workplace culture that embraces diversity, equity, and inclusion. We welcome and value employees with different backgrounds, life experiences, and talents. It is the collective sum of our individual differences that provides a broad perspective, leading to greater innovation and achievement. In recruiting for our team, we recognize the unique contributions of each applicant regardless of culture, ethnicity, race, national origin, sex, gender identity and expression, age, religion, disability, and sexual orientation. HFS is an equal opportunity employer. Essential Functions Subject to management approval, serves as the Financial Analysis and Audits Manager for the Illinois Department of Healthcare and Family Services (HFS), Division of Finance, Bureau of Health Finance (BHF) by completing audits and in-depth financial and solvency analysis of financial statements, applications, and cost reports filed by current and potential patient service providers for BHF Plans, directs, and evaluates the operations of the Financial Analysis and Audits programs Serves as full line supervisor Acts as chief liaison and Bureau spokesperson for the Financial Analysis and Audits program Advises and consults with Department staff, other state and federal agencies, and professional and lay groups on Department policies and procedures relating to financial audits Collaborates and cooperates with staff to identify and correct problems or inefficiencies occurring in editing and processing of related computer reports and/or statistics Serves on the senior management team Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above

Requirements

• Requires knowledge, skill, and mental development equivalent to completion of four (4) years of college.
• Requires four (4) years of progressively responsible administration experience in the fields of accounting, internal auditing, insurance, and/or finance.
• Requires completion of a background check and self-disclosure of criminal history.
• Requires the ability to utilize and maintain state issued equipment such as a laptop.
• Requires ability to attend seminars, conferences, and trainings to stay current on methods, tools, ideologies, or other industry related topics relevant to the job duties.
• Overtime is a condition of employment, and you may be requested or required mandated to work overtime including scheduled, unscheduled, or last-minute overtime. This includes the ability to work evenings and weekends.
• This position has been found to meet the requirements in section 4A-101 of the Illinois Governmental Ethics Act requiring the occupant /employee to file a Statement of Economic Interest.
• The Illinois Governmental Ethics Act (5 ILCS 420/4A et seq.) requires certain state officials and employees to file annual Statements of Economic Interest with the Office of the Secretary of State that will be made available for examination and copying by the public.
• All employees required to file a Statement of Economic Interest are also required to file the Supplemental Statement of Economic Interest with the Executive Ethics Commission. (See Executive Order 15-09)
• Fines and penalties apply to untimely filings.
• The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.

Nice To Haves

• Four (4) years of experience assuming fiscal management responsibilities for public or private programs ensuring compliance with Federal and State Statutes, Rules, and Regulations.
• Four (4) years of experience working with the principles of governmental and private accounting and financial statement analysis.
• Four (4) years of professional supervisory experience with management and leadership skills.
• Four (4) years of administrative experience working on audits and reviewing financial information.
• Four (4) years of experience providing estimates on costs of new policies or program changes proposed or enacted by State legislature or the Federal government.
• Four (4) years of experience in the development and management of a major program.
• A master’s degree in accounting, internal auditing, insurance, and/or finance.
• A CPA Certificate or license.
• A working knowledge of Microsoft 365 with advanced skills in Excel, Access, and use of Visual Basic Macros.
• Interest in reviewing healthcare provider cost reports and working with electronic spreadsheets and databases.
• Work experience with Medicare and Medicaid cost reporting requirements, rate setting methodologies for hospitals, nursing homes, and other Medicaid providers, accrual basis accounting, developing financial analysis review reports, audit reports, and audit checklists.
• A Certified Public Accountant designation is preferred.

Responsibilities

• Serves as the Financial Analysis and Audits Manager for the Illinois Department of Healthcare and Family Services (HFS), Division of Finance, Bureau of Health Finance (BHF) by completing audits and in-depth financial and solvency analysis of financial statements, applications, and cost reports filed by current and potential patient service providers for BHF Plans.
• Directs and evaluates the operations of the Financial Analysis and Audits programs.
• Serves as full line supervisor.
• Acts as chief liaison and Bureau spokesperson for the Financial Analysis and Audits program.
• Advises and consults with Department staff, other state and federal agencies, and professional and lay groups on Department policies and procedures relating to financial audits.
• Collaborates and cooperates with staff to identify and correct problems or inefficiencies occurring in editing and processing of related computer reports and/or statistics.
• Serves on the senior management team.
• Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.

Benefits

• Health, Life, Vision, and Dental Insurance
• Pension Plan
• Paid Parental Leave
• Deferred Compensation Program and other pre-tax benefit programs (Medical/Daycare)
• 12 paid Sick Days annually
• 10 paid Vacation Days their first year of service and can earn up to 25 paid Vacation Days annually
• 3 paid Personal Days annually
• 13-14 paid holidays annually (based on start date)

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Associate degree