Special Projects Coordinator, Finance

Commonwealth of MassachusettsBoston, MA

About The Position

MassHealth is seeking qualified applicants for the position of Special Projects Coordinator, Finance to take on a pivotal role within the Finance Unit. The incumbent will ideate, scope, and execute priority finance projects, working cross-functionally with executive leaders across the agency. The Special Projects Coordinator will report directly to the Director of Special Projects, Finance, who has a direct line to the MassHealth Chief Financial Officer. The Special Projects team is a small and high-performance team that provides a financial perspective to MassHealth’s senior leaders on key initiatives. Each initiative requires qualitative and quantitative analysis of the current state as well as various options for future state, recommendation of implementation methods, and comprehensive tracking of performance. Potential initiatives include: Spearheading financial strategy to ensure the provision of pre-release healthcare services to justice-involved members, emphasizing financial optimization within the MassHealth framework. Partnering with the executive team to process manage and implement policy for budget solves. Developing a model and system to track $200M+ of payor and hospital assessments.

Requirements

  • MINIMUM ENTRANCE REQUIREMENTS: Applicants must have at least (A) four years of full-time, or equivalent part-time, professional experience in work simplification, management analysis, program analysis, methods analysis, economic analysis, fiscal analysis, financial analysis, budget analysis, program administration, or program management or (B) any equivalent combination of the required experience and the substitutions below.
  • I. A Bachelor's degree with a major in business administration, business management, public administration, industrial engineering or industrial management may be substituted for a maximum of two years of the required experience.
  • II. A Graduate degree with a major in business administration, budget management, public administration, industrial engineering or industrial management may be substituted for a maximum of three years of the required experience.
  • III. A Bachelor's degree or higher degree with a major other than in business administration, business management, public administration, industrial engineering or industrial management may be substituted for a maximum of one year of the required experience.
  • NOTE: Educational substitutions will be permitted for a maximum of three years of the required experience.

Nice To Haves

  • Proficient in developing and analyzing program budgets, tracking expenses, and resource allocation, ensuring meticulous financial oversight and adherence to budgetary constraints.
  • Skilled in analyzing diverse funding sources, exploring opportunities for financial optimization, and strategically directing financial resources.
  • Ability to assess and understand the financial impact of policy changes and program initiatives, ensuring alignment with MassHealth's objectives and fiscal standards.
  • Proven ability to lead collaborative efforts across teams, state agencies, and stakeholders to align financial strategies and implement financial systems in the healthcare space.
  • Skilled in utilizing data-driven insights to inform financial decisions, analyzing data to optimize funding allocation and budgetary strategies.
  • Excellent MS Excel and PowerPoint skills and experience analyzing large datasets using Microsoft Excel and Access.
  • Excellent organizational skills and attention to detail.
  • Ability to solve complicated problems with minimal direction.
  • Ability to lead projects through organizing work, establishing operating relationships, and coordinating the work of others.
  • Ability to analyze and determine the applicability of financial and program data, to draw conclusions, and to make appropriate recommendations.
  • Strong communication skills.
  • Comfort with working under high pressure and tight time constraints.
  • Comfort with ambiguity and providing structure to ambiguous problems.
  • Strong interpersonal skills.
  • Passion for public service and policy
  • A working understanding of the Commonwealth’s health insurance landscape

Responsibilities

  • Provide support on project portfolio including conduct analysis on medical claims data, provider cost reports, and other sources to identify and prioritize opportunities for improvement (e.g., high-growth provider types, high-utilizing members), devising macro project plans, and ensuring completion of deliverables.
  • Assemble and lead cross-functional teams to build alignment around path forward and motivate action. Identify project scope, develop work plans, and lead day-to-day efforts of staff and vendors in executing such work plans, finalizing deliverables, and developing policy and/or operational recommendations.
  • Create relationships and engagement with various stakeholders (e.g., federal, health plan contractors, vendors, providers, advocates) on relevant program and finance topics.
  • Prepare and present formal recommendations to MassHealth executive team.
  • Respond to urgent legislative or regulatory priorities, as identified.

Benefits

  • Comprehensive Benefits
  • An outstanding suite of employee benefits that add to the overall value of your compensation package.
  • A work experience that supports you, your loved ones, and your future.
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