Fiscal Analyst 3 (FA3/FSD)

State of Washington•Thurston County – Olympia, WA

4d•Hybrid

About The Position

This Fiscal Analyst 3 job offers telework options, the chance to manage high-level financial accounts for major public programs, and the stability of working for Washington State. The ideal candidate will have experience independently reviewing, analyzing, interpreting, and adjusting financial accounts. Initiating collection of overdue balances and write-off of uncollectable accounts. All HCA employees will apply an equity lens to their work, which may include but is not limited to all analyses of core business and processes. This position is located within HCA’s Financial Services Division (FSD), which in collaboration with other HCA divisions and a variety of external stakeholders and legislative partners, provides strategic financial expertise for Apple Health, PEBB and SEBB programs. In addition, FSD oversees the budget and compliance functions necessary to manage and monitor the single largest Washington State individual agency operating budget. Functions include budget management, accounting, forecasting, professional and hospital rate setting, financial analysis, and payment/collection operations. This division maintains a close working relationship with agency program, policy, and clinical divisions to ensure financially sound implementation and monitoring of program strategies. It is also accountable to the Governor and legislature in ensuring HCA operates within its budget. This Fiscal Analyst 3 (FA3) position is the senior, specialist of the series, who is responsible for accounts receivable processing, financial report analysis, reconciliation, and resolution for both PEBB (Public Employees Benefits Board) and SEBB (School Employee Benefits Board) programs. This position is eligible to telework and is typically not required to report onsite however, during the training period, the successful candidate will be required to report onsite 2 times a week. The default assigned work location of all Health Care Authority (HCA) positions – both on-site and telework eligible positions – is within the State of Washington. This position reports to Olympia, WA. Frequency of onsite work will vary based on business and operational needs. All agency employees are required to report on-site in Olympia on their first and last days of employment to pick up and return state-issued equipment, regardless of telework status or location.

Requirements

A master’s or bachelor’s degree in a financial field.
An associate’s degree, which includes 18 quarter or 12 semester hours in accounting, auditing, or budgeting.
Two (2) years of professional experience in one or more of the following areas: Independently reviewing, analyzing, interpreting, and adjusting financial accounts; Initiating collection of overdue balances; Initiating write-off of uncollectable accounts; Determine amounts and initiate refund of customer overpayments.
Four (4) years of professional experience in one of the areas listed above.
Certification as a Public Accountant, Internal Auditor, Certified Governmental Financial Manager or Management Accountant.
The ability to take action to learn and grow.
The ability to take action to meet the needs of others.
Must be able to plan and prioritize deliverables in a fast-paced environment.
Must be able to communicate in a positive manner with diverse audiences and facilitate large and small teams.

Nice To Haves

Customer service experience assisting a diverse customer base.
Intermediate skill level in Microsoft Excel, Access, and Word programs.
Governmental accounting experience.
Accounts receivable experience.
Ability to convey ideas and facts orally and in writing using language the audience will best understand.

Responsibilities

Independently reviews, analyzes, interprets, and adjusts Public Employees Benefits Board (PEBB) & School Employees Benefits Board (SEBB) insurance financial accounts, both for individual and group accounts in accordance with GAAP.
Reviews accounts in collection process and determines if retroactive termination of coverage is appropriate.
Independently determines amount and initiates refund of customer overpayments.
Process returned payments (NSFs) applied to accounts, notify appropriate benefits staff of need to terminate coverage (if appropriate), and notify customers of NSF and impact to their coverage.
Respond to subscriber requests to initiate EDS payment of monthly premiums.
Verify submitted EDS application forms, ensure the accounts are eligible for EDS.
Create ACH withdrawal between US Bank and individual subscriber accounts.
Establish new EDS account in PAY1.
Transmit Prenote to US Bank.
Keeps supervisor and/or management informed as to current financial status of customer/group accounts and potential problem areas or opportunities for improvement.
Provides verbal and/or written comments and recommendations to supervisor regarding new or revised agency policies or procedures in order to ensure billings and receivables are accurately recorded, improve processes, and ensure agency policies and procedures comply with OFM regulations.