Job Description:
Financial Analyst IV - Senior Financial Advisor
The Texas Health and Human Services Commission (HHSC) Medicaid CHIP Services (MCS) division seeks a highly qualified candidate to fill the position of Senior Financial Advisor. 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 performing highly advanced (senior level) financial analysis, consultative services, and regulatory work. The position develops and writes the state’s Medicaid managed care cost principles, financial aspects of managed care contracts, and financial aspects of Requests for Proposals (RFPs). The position is also responsible for developing written responses to financial issues that arise in Legislative bill analysis, responses to Centers for Medicaid & Medicaid Services, and other high-profile issues.
The ideal candidate 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 to do things right even when what is right is not easy.
The Financial Analyst reports to Director, Medicaid/CHIP Services (MCS) Financial Reporting & Audit Coordination. The position may plan, assign, and/or supervise the work of others and works under general supervision with extensive latitude for the use of initiative and independent judgment. The position is a hybrid role with options to work remotely and on-site.
Essential Job Functions:
Develops, writes, responds, explains, and coordinates financial and related aspects of Requests for Proposals (RFPs). Represents MCS Financial Reporting and serves as a cross-MCS resource for developing and/or explaining appropriate financial concepts and approaches. Works collaboratively across MCS to identify innovative and effective solutions for clients and staff. May also develop RFP evaluation tools, and/or evaluate RFP responses. - 20%.
Develops, writes, responds, explains, and coordinates financial and related aspects of topics within MCS Financial Reporting that require concept development and determination, and corresponding descriptive language development. Interacts with other MCS stakeholders to identify problems and weaknesses with existing language and takes input from others that have found such issues. May present to the State Medicaid Director and members of HHSC Leadership. - 40%.
Supports the Director - Medicaid/CHIP Financial Reporting on an as-needed basis. Including, but not limited to, Medical Loss Ratio (MLR) reporting and submission to CMS, audit reports, legislative bill analysis and ad-hoc financial analysis and reporting. - 40%.
Job functions and tasks may evolve or change significantly with respect to procurement cycles, Legislative session timing, contract amendment due dates, SAO audit results, Legislative or Leadership mandates, and other aspects.
Knowledge Skills Abilities:
• Solid fundamental financial knowledge and experience combined with strong analytical capabilities is required.
• Strong writing skills are required, along with ability to read, interpret, and explain contract language, state law, and regulatory requirements.
• Ability to assimilate complex subject matter with minimum amount of direction.
• Ability to leverage financial skills and knowledge in developing cohesive and comprehensive written policies, contracts and position papers.
• Skill in working in a collaborative across MCS and other areas of the agency to achieve common goals.
• Experience with Medicaid/CHIP managed care would be extremely useful, and highly desirable, but is not required.
Registration or Licensure Requirements: N/A
Initial Selection Criteria:
Experience in financial regulatory work. Graduation from an accredited four-year college or university with major course work in accounting, business administration, finance, economics, or a related field is generally preferred. Experience and education may be substituted for one another.
Additional Information: N/A
MOS Code:
There are no direct military occupation(s) that relate to the responsibilities, and registration or licensure requirements for this position. All active duty, reservists, guardsmen, and veterans are encouraged to apply if they meet the qualifications for this position. HHS agencies use E-Verify. You must bring your I-9 documentation with you on your first day of work.
I-9 Form - Click here to download the I-9 form.
In compliance with the Americans with Disabilities Act (ADA), HHS agencies will provide reasonable accommodation during the hiring and selection process for qualified individuals with a disability. If you need assistance completing the on-line application, contact the HHS Employee Service Center at 1-888-894-4747. If you are contacted for an interview and need accommodation to participate in the interview process, please notify the person scheduling the interview.
Top 10 Tips for Success when Applying to Jobs at HHSC and DSHS