Financial Analyst II

TX-HHSC-DSHS-DFPS•Austin, TX

4d•$4,801 - $7,762•Hybrid

About The Position

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. Our comprehensive benefits package includes 100% paid employee health insurance for full-time eligible employees, a defined benefit pension plan, generous time off benefits, numerous opportunities for career advancement and more. Explore more details on the Benefits of Working at HHS webpage. Functional Title: Financial Analyst II Job Title: Financial Analyst II Agency: Health & Human Services Comm Department: HHS Provider Finance SHARS Posting Number: 19417 Closing Date: 08/11/2026 Posting Audience: Internal and External Occupational Category: Business and Financial Operations Salary Range: $4,801.16 - $7,761.50 Pay Frequency: Monthly Salary Group: TEXAS-B-22 Shift: Day Additional Shift: Telework: Eligible for Telework Travel: Up to 5% Regular/Temporary: Regular Full Time/Part Time: Full time FLSA Exempt/Non-Exempt: Exempt Facility Location: Job Location City: AUSTIN Job Location Address: 4601 W GUADALUPE ST Other Locations: MOS Codes: 3404,3408,8844,36A,70C,36B,65FX,65WX,6F0X1,F&S,FIN10 Brief Job Description: Financial Analyst II position performs work for the Provider Finance Department under the supervision of the Manager of Fee Based Services. Performs highly complex (senior-level) financial analysis and regulatory work. Work involves compiling, reviewing, analyzing, and evaluating financial data; preparing reports and responding to inquiries; and recommending appropriate action to resolve financial and regulatory problems. Works under minimal supervision, with extensive latitude for the use of initiative and independent judgment. The FA II contributes to a variety of internal reports, studies or other deliverables containing analyses of fee for service (FFS) and managed care organization (MCO) data relevant to the understanding of utilization and billing trends. Performs tasks with minimal supervision and with extensive latitude for the use of initiative and independent judgment. Prepares presentations for professional organizations, governmental entities, and the public to be given by executive agency staff, including detailed speaking notes that allow for the communication of complex concepts and findings into understandable narrative for different audiences. Ensures compliance with established procedures, requirements, laws, and regulations; completeness of data; and presence of adequate documentation. Other duties as assigned. Essential Job Functions (EJFs): Attends work on a regular and predictable schedule in accordance with agency leave policy and performs other duties as assigned. Financial Analysis - Performs complex financial analysis on HHSC program data related to reimbursement rates and supplemental payment programs for Medicaid and other client services providers. Drafts and/or determines methodologies for data acquisition and for large scale projects needing qualitative and quantitative analysis. Identifies best algorithms for data matching, and works with colleagues to extract data, determines methods for automating processes and matches data using complex programming and analytics methodology. (30%)Financial Reporting - Develops standard and ad-hoc reporting while also providing financial analysis support on special projects, Provides consultation and technical advice on research methods and techniques to staff on the research team and other analysts in the department. (25%) Procedure Development - Develops and implements financial policies and procedures internal to the HHSC Provider Finance Department. Creates, evaluates, and may reviews models and methodologies; conducts highly complex analyses related to FFS and managed care organizations’ financial programs and reimbursement techniques (20%) Legislative Analysis - Reviews, analyzes, and evaluates the impact of legislation, regulations, and policies affecting reimbursement rates and healthcare finance, reports results and makes recommendations to Executive staff, including the Executive Commissioner and other key personnel biennially; prepares reports and presentations on analyses results for other staff and department leadership on a routine basis; prepares and may give oral presentations and reports on financial programs and initiatives to various provider and stakeholder organizations and to HHSC leadership; communicates complex results in a manner that can be easily understood by various audiences. Represents programs in committees, regional workgroups, and projects to meet research and data analysis needs. Represents the state at the national level on research and data analysis issue. (15%)Integration - Provides input in the development and integration of new financial programs and procedures for calculating provider reimbursements. (5%)Performs other work as assigned or required to maintain and support the office and HHSC operations. (5%)

Requirements

Knowledge of health and human service programs, services, and procedures.
Knowledge of accounting, business, and management principles, practices, and procedures.
Knowledge of state and federal laws and regulations relating to Medicaid reimbursement and public administration.
Knowledge of financial analyses and examination procedures for regulated entities, of financial and industry terminology and practices, and of statistical analysis.
Skill in the use of a computer and applicable software, and in data modeling.
Skill in interpersonal relationships and in establishing and maintaining effective working relationships.
Skill in analyzing laws, regulations, program policies, and issues.
Skill in use of personal computers and to use word processing, spreadsheet, statistical, and other software to develop payment rates.
Skill in use of complex formulas in spreadsheet software.
Skill in preparation of well-written briefing documents and reports designed to convey complex detailed concepts.
Skill in managing multiple projects with competing deadlines.
Ability to develop, evaluate, implement, and interpret policies, procedures, and rules.
Ability to exercise independent judgement, set priorities, meet deadlines, and adapt to shifting technical and political developments.
Ability to manage projects effectively and produce quality work within short deadlines.
Ability to communicate effectively both orally and in writing with a variety of agency staff, medical/provider associations, client advocates, legislative staff, lawyers, state/federal auditors, and interested parties on Medicaid reimbursement issues.
Ability to perform and interpret numerical analyses, interpret statutes, 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, communicate effectively, and supervise the work of others.

Nice To Haves

Experience with Medicaid and/or healthcare finance preferred.
Experience with Salesforce and/or SQL preferred.

Responsibilities

Performs complex financial analysis on HHSC program data related to reimbursement rates and supplemental payment programs for Medicaid and other client services providers.
Drafts and/or determines methodologies for data acquisition and for large scale projects needing qualitative and quantitative analysis.
Identifies best algorithms for data matching, and works with colleagues to extract data, determines methods for automating processes and matches data using complex programming and analytics methodology.
Develops standard and ad-hoc reporting while also providing financial analysis support on special projects.
Provides consultation and technical advice on research methods and techniques to staff on the research team and other analysts in the department.
Develops and implements financial policies and procedures internal to the HHSC Provider Finance Department.
Creates, evaluates, and may reviews models and methodologies; conducts highly complex analyses related to FFS and managed care organizations’ financial programs and reimbursement techniques.
Reviews, analyzes, and evaluates the impact of legislation, regulations, and policies affecting reimbursement rates and healthcare finance, reports results and makes recommendations to Executive staff, including the Executive Commissioner and other key personnel biennially.
Prepares reports and presentations on analyses results for other staff and department leadership on a routine basis.
Prepares and may give oral presentations and reports on financial programs and initiatives to various provider and stakeholder organizations and to HHSC leadership.
Represents programs in committees, regional workgroups, and projects to meet research and data analysis needs.
Represents the state at the national level on research and data analysis issue.
Provides input in the development and integration of new financial programs and procedures for calculating provider reimbursements.
Performs other work as assigned or required to maintain and support the office and HHSC operations.