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Texas Health and Human Services · 1 day ago

Financial Analyst II

Austin, TX

Full-time

Hybrid

Mid, Senior Level

$4,801.16/mo - $5,500/mo

3+ years exp

Texas Health and Human Services Commission (HHSC) is dedicated to positively impacting the lives of Texans. They are seeking a Financial Analyst II to perform complex financial monitoring of various entities, ensure compliance with laws and regulations, and provide technical assistance to contractors.

Health Care

No H1B

Responsibilities

Leads financial/fiscal monitoring reviews of government, educational, non-profit, and/or for-profit entities throughout Texas that are contracted to administer various programs for the HHSC

Exercises considerable initiative and independent judgment in identifying the issues unique to specific contractors and designing specific review procedures to address those issues based on analysis of input from program personnel, complaints or allegations from 3rd parties, contractors' past history, and preliminary review of documentation submitted by contractors prior to the financial reviews

Identifies areas of non-compliance and/or deficiencies in contractors' internal controls and financial management systems and recommends changes in policies and/or procedures as needed to comply with relevant federal and state laws and/or regulations, HHSC policies, and procedures, and contract provisions

Gathers, prepares, and organizes all working papers related to financial monitoring reviews in accordance with established HHSC standards Develops necessary financial summaries, schedules, and attachments needed to determine areas of compliance and/or non-compliance with federal and state laws, regulations, policies and/or procedures, or needed to support the findings of the review

Prepares comprehensive formal financial monitoring reports that detail the conclusions, findings, and recommendations of the reviews

Responsible for all necessary follow up activities related to the reviews including (1) preparing formal correspondence necessary to further explain, clarify findings and/or rebut responses to findings, (2) requesting additional documentation required of contractors, and (3) issuing final reports and associated transmittal letters

Works closely with Program staff on contracting issues

Keeps manager informed of the status of the reviews

Provides technical assistance (either verbally or in writing) to contractors and HHSC program personnel relating to financial compliance with federal and state laws and/or regulations, HHSC policies and/or procedures; provisions of the contract; allowability of costs; adequacy of financial system; or adequacy of internal controls over financial transactions

Acts as mentor and assists in the training of recently hired fiscal monitors

Participates in the development and/or modification of financial compliance policies and procedures relating to HHSC contractors

Participates in the maintenance of TeamMate procedures (Audit Steps, etc.) to keep fiscal reviews based on current needs and criteria used in examining financial documentation

Participates in the research and interpretation of relevant federal and state laws, regulations, policies, and procedures

Participates in the development and/or modification of HHSC financial reporting forms

Performs other related work as assigned

Qualification

Financial analysisAccounting systemsStatistical analysisMicrosoft ExcelData modelingFinancial reportingSupervisory skillsTechnical assistanceReport preparationCommunication skillsProblem-solving

Required

Bachelor's degree in accounting, business administration, finance or related field from an accredited four-year college or university

At least three years of experience in the area of accounting, financial/fiscal monitoring, auditing, program administration or, full-charge bookkeeping, or grants/contracts administration

Knowledge of complex accounting systems, journals and source documentation required for compliance with contract language, state and federal regulations

Knowledge of financial analyses and examination procedures for regulated entities, of financial and industry terminology and practices, and of statistical analysis

Skill in computer operations, in applicable software, and in data modeling

Skill in Microsoft Office products, Superior skills in Excel and/or other data base programs

Ability to administer financial processes and systems

Ability to perform and interpret numerical analyses

Ability to interpret statutes, state and federal rules and regulations

Ability to analyze, evaluate, and summarize financial and management records for accuracy and conformance to procedures, rules, and regulations

Ability to prepare reports and correspondence regarding findings

Ability to communicate effectively orally and in writing

Ability to assign and/or supervise the work of others