Senior Financial Analyst (FA III)

Texas Health & Human Services Commission•Austin, TX

3d•$5,425 - $8,886•Onsite

About The Position

The Texas Health and Human Services Commission (HHSC) Medicaid CHIP Services (MCS) division seeks a highly qualified candidate to fill the position of Senior Financial Analyst. MCS is driven by its mission to deliver quality, cost-effective services to Texans. This position makes a significant contribution to MCS’s mission by assisting in the review, analysis, and evaluation of complex financial data. This position performs advanced (senior-level) financial analysis work involving reviewing and analyzing Managed Care Organization (MCO), Dental Maintenance Organization (DMO) and Medicare-Medicaid Plan (MMP) self-reported financial data; preparing reports and responding to inquiries; and recommending appropriate action to resolve complex financial issues. The Senior Financial Analyst works under minimal supervision, with extensive latitude for the use of initiative and independent judgment. This position utilizes institutional knowledge of Medicaid and experience in the unique complexities of Medicaid/CHIP to effectively carry out financial analysis work. The Senior Financial Analyst thrives in an environment that emphasizes teamwork to achieve goals, excellence through high professional standards and personal accountability, curiosity to continuously grow and learn, critical thinking for effective execution, and integrity to do things right even when what is right is not easy. This position is part of the Financial Reporting and Audit Coordination (FRAC) within HHSC - Medicaid CHIP Services (MCS) Division. This position reports to the Director of Financial Reporting.

Requirements

At least three years of experience in financial analysis.
Graduation from an accredited four-year college or university. Experience and education may be substituted for one another.
Experience with Microsoft Excel
Knowledge of financial analyses and examination procedures related to managed care entities, financial and industry terminology and practices, and statistical analysis.
Skill in use of a computer and applicable software (Microsoft Excel, etc.), and in data modeling.
Ability to perform and interpret numerical analyses; to interpret statutes; to analyze and summarize financial and management records for accuracy and conformance to procedures, rules, and regulations; to prepare reports and correspondence regarding findings; to communicate effectively; and to provide guidance to others.
Ability to supervise the work of others
Ability to administer financial processes and systems
Ability to work collaboratively across MCS to accomplish objectives
Ability to focus keenly on detail
Ability to implement creative solutions to problems
Ability to balance team and individual responsibilities

Nice To Haves

Related to the college requirement above, major coursework in accounting or finance is preferred.
Experience in Power BI

Responsibilities

Completes tasks and responds to inquiries related to the FSR (Financial Statistical Report) Life Cycle: FSR Review, FSR Reconciliation, Experience Rebate Calculation, Experience Rebate Allocation
Completes tasks and responds to inquiries related to the analysis and review of Other Financial Deliverables: Claims Lag Reports, Annual Financial Deliverables, Ad Hoc Financial Deliverables, etc.
Completes tasks and responds to inquiries related to the analysis and review of Material Subcontracts: Financial Impact Assessments for Managed Care Contracts and Oversight and Cost Data extraction for use in FSR Recons.
Completes tasks and responds to inquiries related to any special requests or questions the financial reporting team may receive: Open Records Requests, HHS Internal Requests, HHS External Requests, MCO Questions.