Fiscal Monitor

Texas Health & Human Services Commission • Austin, TX

7d • $5,835 - $6,407 • Onsite

About The Position

The Fiscal Monitor performs highly complex, senior-level financial monitoring of government, educational, nonprofit, and for-profit entities contracted to administer DSHS programs. The role examines and investigates accounting records, financial statements, management practices, and internal controls to assess compliance with federal and state laws and regulations, DSHS policies, and contract provisions. It prepares reports documenting findings, recommendations, and required corrective actions, and provides contractors with technical assistance concerning financial compliance. The position works under minimal supervision with considerable latitude for initiative and independent judgment, and is expected to lead monitoring teams, oversee others’ work, and train new staff.

The position is based in Austin, Texas, and requires travel up to 35% of the time, including overnight stays and occasional Sundays. It may also support disaster response or recovery and Continuity of Operations activation, which could require an alternate shift pattern or location.

Requirements

• Bachelor’s degree in accounting, business administration, finance, or a related field from an accredited four-year college or university, or a Master’s in Public Health from an accredited four-year college or university.
• At least two years of experience in financial monitoring, auditing, program administration, compliance, full-charge bookkeeping, grants or contracts administration, or other financially related work. Education and experience may substitute for one another year for year.
• Willingness to travel up to 35% of the time, including overnight stays and occasional Sundays.
• Knowledge of complex accounting systems, journals, and source documentation needed for contract, state, and federal compliance.
• Knowledge of financial analysis and examination procedures for regulated entities, financial and industry terminology and practices, and statistical analysis.
• Skill in computer operations, applicable software, and data modeling; Microsoft Office products; and Excel and/or other database programs.
• Skill in gathering, analyzing, and explaining complex information.
• Ability to perform and interpret numerical analyses; interpret statutes and state and federal rules and regulations; analyze, evaluate, and summarize financial and management records for accuracy and compliance; prepare reports and correspondence; and communicate effectively orally and in writing.

Nice To Haves

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

Responsibilities

• Lead financial monitoring reviews of contracted government, educational, nonprofit, and for-profit entities throughout Texas.
• Identify financial noncompliance and internal-control or financial-management deficiencies through interviews, documentation review, analyses of audited financial statements and submitted reports, and other research.
• Design review procedures tailored to contractor-specific issues using information from program personnel, third-party complaints or allegations, contractor history, and preliminary documentation reviews.
• Recommend policy or procedure changes to support compliance with applicable laws, regulations, DSHS policies and procedures, and contract provisions.
• Prepare financial summaries, schedules, attachments, and working papers supporting review findings and conclusions in accordance with DSHS standards.
• Prepare comprehensive formal financial monitoring reports with conclusions, findings, and recommendations.
• Conduct follow-up activities, including preparing correspondence to explain or clarify findings or respond to rebuttals, requesting additional contractor documentation, and issuing final reports and transmittal letters.
• Work with program staff on contracting issues and keep the manager informed of review status.
• Provide verbal or written technical assistance to contractors and DSHS program personnel on financial compliance, contract provisions, cost allowability, financial systems, and internal controls.
• Mentor and assist in training recently hired financial monitors.
• Participate in maintaining or updating financial compliance procedures and audit templates, researching and interpreting relevant requirements, and developing or modifying financial reporting forms.
• Perform other related duties and support agency disaster response, recovery, or Continuity of Operations activities as assigned.

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