NBSIP Financial Analyst III

Texas Health & Human Services Commission • Austin, TX

5d • $5,425 - $7,156 • Hybrid

About The Position

Under the general supervision of the Newborn Screening and Injury Prevention (NBSIP) Section Director in the Community Health Improvement Division, the Financial Analyst III (FA III) performs advanced (senior-level) financial analysis and regulatory work. Work involves planning, developing, and implementing financial analysis methodologies; administering financial processes and systems; and reviewing, analyzing, and evaluating complex financial data to support program operations and strategic decision-making. Integrate conflicting programmatic and financial objectives into recommendations for agency management. Develop and maintain comprehensive sources of examination-related policies and procedures. The position develops financial models, forecasts, and reporting tools. Coordinates the development, monitoring, and evaluation of budgets, expenditures, and financial activities for NBSIP programs, projects, and procurements. Administer financial processes and systems developed to oversee financial or other regulated entities. The FA III ensures that financial data is complete, accurate, and compliant with applicable federal and state laws, regulations, and agency policies. Work is performed under minimal supervision, with considerable latitude for the use of initiative and independent judgment. May plan, assign, and/or coordinate the work of others. To perform these job duties, this position may require working extra hours needed to meet defined deadlines and support the agency’s mission critical reporting requirements.

Requirements

• Knowledge of financial analyses and examination procedures for regulated entities, of financial and industry terminology and practices, and of statistical analysis.
• Knowledge of budgeting, accounting, and financial reporting principles
• Knowledge of federal and state fiscal laws, regulations, and policies
• Knowledge of public administration and program operations
• Skill in the use of a computer and applicable software, and in data modeling.
• Skill in analyzing and interpreting complex financial data
• Skill in developing financial models and methodologies
• Skill in communicating effectively in both written and oral format
• Skill in using financial systems and data analysis tools
• 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 develop and implement financial analysis tools and processes
• Ability to interpret and apply laws, regulations, and policies
• Ability to provide consultative services and recommendations to management
• Ability to identify problems, evaluate alternatives, and implement solutions
• Ability to coordinate, review, and/or assign the work of others
• Ability to prepare clear, concise reports and presentations
• Experience with annual State of Texas operating budget development.
• 3 years of experience monitoring and managing multiple collected revenue sources.
• Experience using HHSAS, CAPPS, USAS queries and/or reports.
• Experience with advanced Microsoft Excel and/or Microsoft Access.

Responsibilities

• Develops and implements financial analysis methodologies, models, and reporting tools to support NBSIP programs.
• Analyzes financial data, information, and applicable business, financial, and/or regulatory plans.
• Reviews, analyzes, and evaluates financial data from multiple sources to monitor budgets, expenditures, and forecasts.
• Synthesizes financial and operational data to identify trends, variances, and impacts on program objectives.
• Makes recommendations to management regarding allocation of financial resources to meet strategic objectives and improvements to the efficient utilization of funding and staff.
• Coordinates the development and management of NBSIP financial reporting processes, procedures, and forms to support program activities.
• Reviews projects for financial completeness, compliance with financial standards, uniformity in methods and adherence to financial statutes, agency rulings and procedures.
• Monitors and coordinates third-party financial reviews, including accumulation of data, financial modeling, reporting, and monitoring of responses.
• Interprets and applies federal and state laws, regulations, and agency policies related to financial management and grant administration.
• Conducts financial monitoring, analysis, and review of accounting records, financial statements, and internal controls.
• Ensures compliance with established procedures, requirements, laws, and regulations; completeness of data; and presence of adequate documentation.
• Identifies risks and recommends corrective actions to resolve financial and regulatory issues.
• Evaluates and monitors agency assets and liabilities.
• Processes information by auditing and verifying financial data.
• Coordinates and supports budget development activities, including Legislative Appropriations Requests (LAR), cost estimates, and fiscal notes.
• Develops and applies forecasting methodologies and financial impact analyses for proposed legislation, rules, and program initiatives.
• Evaluates expenditure trends and provides recommendations for realignment of financial resources.
• Prepares, reviews and analyzes cost estimates and fiscal notes for proposed legislation and measures the impact on NBSIP programs.
• Works with the appropriate areas of DSHS and the division office to respond to budgetary inquiries from the legislature, Governor's Office, state and federal agencies, and the Legislative Budget Board.
• Serves as the primary financial resource and point of contact for NBSIP Section staff, providing guidance and technical assistance related to financial and budgetary matters.
• Meets regularly with management, program staff and others regarding financial matters.
• Researches technical questions regarding financial and regulatory compliance with applicable state and federal statutes and regulations.
• May train program staff on financial policies and procedures.
• Actively participating and/or serving in a supporting role to meet the agency’s obligations for disaster response and/or recovery, Continuity of Operations (COOP) activation, and/or serving on the State Medical Operations Center (SMOC) team.

Benefits

• Insurance coverage and 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
• Education Level: No Education Listed