Financial Analyst II

TX-HHSC-DSHS-DFPS • Austin, TX

4d • $4,801 - $6,281 • Onsite

About The Position

DSHS is committed to hiring skilled and dedicated individuals who share a passion for public health to pursue our vision of A Healthy Texas. If you are looking to make an impact and tackle new challenges, we encourage you to consider a career with us.

Employee Benefits:
DSHS offers insurance coverage and other benefits available through the State of Texas Group Benefits Plan administered by the Employee Retirement System of Texas (ERS). To learn more about all the benefits available to you as a DSHS employee and other DSHS opportunities for early career pathways, visit the DSHS Careers Page.
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Functional Title: Financial Analyst II Job Title: Financial Analyst II Agency: Dept of State Health Services Department: Fiscal Monitoring and Support Posting Number: 17803 Closing Date: 06/24/2026 Posting Audience: Internal and External Occupational Category: Business and Financial Operations Salary Range: $4,801.16 - $6,281.33 Pay Frequency: Monthly Salary Group: TEXAS-B-22 Shift: Day Additional Shift: Telework: Travel: Up to 40% Regular/Temporary: Regular Full Time/Part Time: Full time FLSA Exempt/Non-Exempt: Nonexempt Facility Location: Job Location City: AUSTIN Job Location Address: 1100 W 49TH ST (RDM)

Brief Job Description
Financial Analyst II: Performs highly complex (senior-level) financial monitoring of government, educational, non-profit and/or for-profit entities contracted to administer various programs for the Department of State Health Services (DSHS). Work involves the examination, investigation, and review of accounting records, financial statements, management practices, and internal controls to ensure compliance with federal and state laws and/or regulations as well as DSHS policies, regulations, and contract provisions. Work also involves the preparation of reports containing findings, recommendations, and corrective actions required of the contractor. In addition, the work involves providing technical assistance to DSHS contractors in all matters relating to financial compliance. Works under minimal supervision with considerable latitude for the use of initiative and independent judgment. Must be able to lead a monitoring team, oversee the work of others, and train new staff.

Requirements

• Knowledge of complex accounting systems, journals and source documentation required for compliance with contract language, state and federal regulations.
• Knowledge of financial analyses and examination procedures for regulated entities, of financial and industry terminology and practices, and of statistical analysis.
• Skills in computer operations, in applicable software, and in data modeling.
• Skill in Microsoft Office products, Superior skills in Excel and/or other data base programs.
• Skills in gathering, analyzing, and explaining complex information.
• Ability to perform and interpret numerical analyses.
• Ability to interpret statutes, state and federal rules and regulations.
• Ability to analyze, evaluate, and summarize financial and management records for accuracy and conformance to procedures, rules, and regulations.
• Ability to prepare reports and correspondence regarding findings.
• Ability to communicate effectively orally and in writing.
• Bachelor's degree in accounting, business administration, finance or related field from an accredited four-year college or university or master’s in public health from an accredited four-year college or university.
• At least two years of experience in the area of financial monitoring, auditing, program administration or full-charge bookkeeping, or grants/contracts administration or other financial related experience.
• Experience and Education may be substituted for one another on a year-for-year basis.

Nice To Haves

• Certified Public Accountant (CPA)
• Certified Internal Auditor (CIA)
• Certified Government Audit Professional (CGAP)
• Certified Government Financial Manager (CGFM)
• Certified Fraud Examiner (CFE)

Responsibilities

• Leads financial monitoring reviews of government, educational, non-profit, and/or for-profit entities throughout Texas that are contracted to administer various programs for DSHS.
• Identifies financial non-compliance issues by researching specific topics through interviews; analysis and review of backup documentation relevant to review; analysis of independently audited financial statements; and analysis and review of financial and/or programmatic reports submitted to DSHS; and other research techniques.
• Exercises considerable initiative and independent judgment in identifying the issues unique to specific contractors and designing specific review procedures to address those issues based on analysis of input from program personnel, complaints or allegations from 3rd parties, contractors' past history, and preliminary review of documentation submitted by contractors prior to the financial reviews.
• Identifies areas of non-compliance and/or deficiencies in contractors' internal controls and financial management systems and recommends changes in policies and/or procedures as needed to comply with relevant federal and state laws and/or regulations, DSHS policies, and procedures, and contract provisions.
• Develops necessary financial summaries, schedules, and attachments needed to determine areas of compliance and/or non-compliance with federal and state laws, regulations, policies and/or procedures, or needed to support the findings of the review.
• Gathers, prepares, and organizes all working papers related to financial monitoring reviews in accordance with established DSHS standards.
• Prepares comprehensive formal financial monitoring reports that detail the conclusions, findings, and recommendations of the reviews.
• Responsible for all necessary follow up activities related to the reviews including (1) preparing formal correspondence necessary to further explain, clarify findings and/or rebut responses to findings, (2) requesting additional documentation required of contractors, and (3) issuing final reports and associated transmittal letters.
• Works closely with Program staff on contracting issues.
• Keeps manager informed of the status of the reviews.
• Provides technical assistance (either verbally or in writing) to contractors and DSHS program personnel relating to financial compliance with federal and state laws and/or regulations, DSHS policies and/or procedures; provisions of the contract; allowability of costs; adequacy of financial system; or adequacy of internal controls over financial transactions.
• Acts as mentor and assists in the training of recently hired financial monitors.
• Participates in the maintenance and/or update of Contractor’s Administrative Procedures Manual for DSHS Contractor’s.
• Participates in the development and/or modification of financial compliance policies and procedures relating to DSHS contractors.
• Participates in the research and interpretation of relevant federal and state laws, regulations, policies, and procedures.
• Participates in the development and/or modification of DSHS financial reporting forms.
• Performs other related work as assigned.
• Other duties as assigned include but are not limited to actively participating and/or serving in a supporting role to meet the agency’s obligations for disaster response and/or recovery or Continuity of Operations (COOP) activation. Such participation may require an alternate shift pattern assignment and/or location.

Benefits

• insurance coverage
• other benefits available through the State of Texas Group Benefits Plan administered by the Employee Retirement System of Texas (ERS)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior