Senior Financial Analyst

TX-HHSC-DSHS-DFPS•Austin, TX

5d•Hybrid

About The Position

Join the Texas Health and Human Services Commission (HHSC) and be part of a team committed to creating a positive impact in the lives of fellow Texans. At HHSC, your contributions matter, and we support you at each stage of your life and work journey. Our comprehensive benefits package includes 100% paid employee health insurance for full-time eligible employees, a defined benefit pension plan, generous time off benefits, numerous opportunities for career advancement and more. Explore more details on the Benefits of Working at HHS webpage. This job posting will be used to fill one Financial Analyst IV (FA IV) position in the Provider Finance Department. The FAIV reports to the Deputy Director of Acute Care and Hospital Financing in the Provider Finance Department. Work involves administering financial processes and systems; reviewing, analyzing, and evaluating financial data; preparing reports and responding to inquiries; and recommending appropriate action to resolve financial and regulatory problems. The FA IV contributes to a variety of internal reports, studies or other deliverables containing analyses of fee for service (FFS) and managed care organization (MCO) data relevant to the understanding of utilization and billing trends. Performs tasks with minimal supervision and with extensive latitude for the use of initiative and independent judgment. Prepares presentations for professional organizations, governmental entities, and the public to be given by executive agency staff, including detailed speaking notes that allow for the communication of complex concepts and findings into understandable narrative for different audiences. Ensures compliance with established procedures, requirements, laws, and regulations; completeness of data; and presence of adequate documentation. Other duties as assigned. This position is physically located in Ausitn, Texas and currently requires two days in the office with three telework days. The selected candidate must be willing to physically work in the Austin office at least two days per week.

Requirements

Knowledge of financial analyses and examination procedures for regulated entities, financial and industry terminology and practices, and statistical analysis.
Skill in the use of a computer and applicable software, and in data modeling.
Ability to administer financial processes and systems; to perform and interpret numerical analyses; to interpret statutes; to analyze, evaluate, and summarize financial and management records for accuracy and conformance to procedures, rules, and regulations; to prepare reports and correspondence regarding findings; to develop and evaluate policies and procedures; to communicate effectively; and to supervise the work of others.
Graduation from an accredited 4-year college or university required.
Prior experience in finance or related position.

Nice To Haves

Experience in financial modeling, forecasting, or provider reimbursement preferred.

Responsibilities

Performs complex financial analysis on HHSC program data related to reimbursement rates and supplemental payment programs for Medicaid and other client service providers.
Creates Financial analysis and reporting.
Develops financial objectives and strategies.
Reviews, analyzes, and evaluates the impact of legislation, regulations, and policies affecting reimbursement rates and healthcare finance, reports results and makes recommendations to Executive staff, including the Executive Commissioner and other key personnel biennially
Provides input in the development and integration of new financial programs and procedures for calculating provider reimbursements.
Other duties as assigned.