Budget Analyst III

About the role

The Budget Analyst III at the Oklahoma Health Care Authority (OHCA) plays a critical role in managing and overseeing the preparation of financial documents and budgets in alignment with state and federal regulations. This position ensures the financial stability and accountability of the agency by developing and implementing fiscal policies, preparing financial reports, and conducting thorough fiscal analyses.

Responsibilities

• Oversees the preparation of financial documents in accordance with state and federal accounting and reporting requirements and generally accepted accounting principles (GAAP).
• Prepares and submits federal quarterly and annual reports required for medical assistance grants.
• Prepares and oversees the preparation of expenditure, revenue, and cost allocation schedules, and reviews and approves time studies.
• Collaborates with program directors on budgetary needs, providing financial insights, and assisting with long-range fiscal planning to support the agency’s mission of ensuring Oklahomans have access to better health and better care.
• Assists in long-range fiscal planning and in the development and implementation of fiscal policies and procedures.
• Observes financial activities through periodic reports and administrative reviews, developing controls to assure accountability for financial operations and policy implementation.
• Assists in the development and maintenance of fiscal reporting methods and provides needed financial management information and recommendations.
• Reviews and analyzes information from studies and projects for immediate and long-range program development.
• Represents the Oklahoma Health Care Authority at various meetings, including meetings with other agencies.
• Plans and develops cooperative state-wide financial policies and procedures for services supplied by all agencies.

Requirements

The Budget Analyst III requires in-depth knowledge of financial management principles, state and federal regulations, and budget administration, along with strong analytical skills to develop fiscal policies and evaluate financial performance. Effective communication and collaboration abilities are essential to manage cross-functional teams and work with various stakeholders on complex financial projects.

Skills

To be considered for this position your application must include a resume/CV with complete work and education history. The Korn Ferry competencies that best align with this position are Financial Acumen for managing budgets and understanding financial impacts and Collaborates for effectively working with other teams and external partners to achieve the organization’s financial goals.

Qualifications

• A bachelor’s degree in business or public administration, economics, accounting or finance plus 3 years of experience in professional budget administration or fiscal analysis OR An equivalent combination of education and experience in one of the above areas.
• Preference Qualifications Include Certifications in any of the following areas: Certified Public Accountant (CPA), Certified Government Financial Manager (CGFM), Certified Management Accountant (CMA), Certified Fraud Examiner (CFE), or Project Management Professional (PMP)
• A master’s degree in Finance, Economics, or Public Administration

Benefits

We know your great work deserves great support. Here’s a snapshot of what we offer for all eligible employees:

• Generous state-paid benefit allowance to offset insurance premiums.
• A wide selection of insurance plans with no pre-existing condition exclusions.
• Flexible Spending Accounts for health care and dependent care.
• Retail Savings Plan with employer contributions.
• 11 paid holidays annually.
• 15 days of vacation and 15 days of sick leave in the first year.
• Longevity Bonus recognizing years of public service.
• Public Service Loan Forgiveness eligibility and tuition reimbursement.
• Wellness benefits, including an on-site gym and fitness center discounts.