Lead Financial Analyst

TX-HHSC-DSHS-DFPS • Austin, TX

9d • Hybrid

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 Lead Financial Analyst (Financial Analyst IV). 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 highly 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 Lead Financial Analyst will not have direct reports, but will serve in a lead capacity by planning, assigning, and supervising the work of one or more Financial Reporting Team staff. The Lead Financial Analyst works under minimal supervision, with extensive latitude for the use of initiative and independent judgment.
This position utilizes highly advanced institutional knowledge of Medicaid and experience in the unique complexities of Medicaid/CHIP to effectively carry out financial analysis work.
The Lead 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.
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 four years of experience in financial analysis.
• Graduation from an accredited four-year college or university.
• Knowledge of Financial analyses and examination procedures related to managed care entities, of financial and industry terminology and practices, and of 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: Oversee the work of others
• Ability to: Administer financial processes and systems
• Ability to: Evaluate financial and management records for accuracy and conformance to procedures, rules, and regulations.
• Ability to: Motivate team to obtain a standard of excellence in their work and to foster an environment of continuous improvement
• 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.
• Advanced Excel skills
• Experience in Power BI
• CPA Licensee in Texas with status: Issued (Current)

Responsibilities

• Oversees and assists financial reporting team staff in the completion of tasks and inquiries related to the FSR (Financial Statistical Report) Life Cycle: FSR Review, FSR Reconciliation, Experience Rebate Calculation, Experience Rebate Allocation
• Oversees and assists financial reporting team staff in the completion of tasks and inquiries related to the analysis and review of Other Financial Deliverables: Claims Lag Reports, Annual Financial Deliverables, Ad Hoc Financial Deliverables, etc.
• Oversees and assists financial reporting team staff in the completion of tasks and 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.
• Oversees and assists financial reporting team staff in the completion of tasks and 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.

Benefits

• comprehensive benefits package includes 100% paid employee health insurance for full-time eligible employees
• defined benefit pension plan
• generous time off benefits
• numerous opportunities for career advancement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees