Financial Examiner III

Location: Austin, TX

About the role

The Financial Examiner III position serves an integral function within the Provider Finance Department (PFD) by performing moderately complex (journey-level) financial examinations of cost reports. This role may also review financial compliance reports. The examinations ensure the accuracy and reasonableness of cost and statistical data used to support established reimbursement rate methodologies, cost determination, and payment adequacy evaluations for certain Medicaid and non-Medicaid services. Financial examinations are conducted in accordance with the Texas Administrative Code, program-specific cost report instructions, generally accepted accounting principles (GAAP), and state and federal regulations.

A financial examination includes reviewing Medicaid and non-Medicaid contracted providers’ submitted reports and supporting documentation, such as trial balance, general ledger, allocation worksheets, payroll data, and other records. The Financial Examiner may contact the contracted provider to request clarification or additional information. The examination process involves planning, scheduling, coordinating, conducting, and reporting results.

Work is performed with general supervision, with moderate latitude for the use of initiative and independent judgment.

Responsibilities

• Performs financial examinations of financial compliance and cost reports submitted by contracted providers, including financial data, statistical data, and supporting documentation. Examinations are completed in accordance with department policies and procedures and within assigned timeframes. (55%)
• Manages workload by planning and organizing to ensure the required number of financial examinations are completed within PFD-established deadlines. (25%)
• Communicates with contracted providers, financial contacts, and/or cost report preparers to request clarifying information or supporting documentation related to reported financial and statistical data. Communicates with agency staff or others on the examination process. Prepares and issues reports, correspondence, and deliverables in a timely and accurate manner in accordance with required professional standards. (15%)
• Completes additional or special projects as assigned by the Manager or Director. (5%)
• Attends work on a regular and predictable schedule in accordance with agency leave policy and performs other duties as assigned.

Requirements

• Minimum of 3 years of experience in financial examinations, financial operations, financial analysis, data analysis, budgeting, accounting, bookkeeping, auditing, Medicaid reimbursement, or cost reporting.
• Graduation from an accredited four-year college or university with major course work in accounting, business administration, finance, economics, or a related field is preferred. Relevant financial examination, accounting, or audit experience may be substituted for education on a year-to-year basis.

Skills

• Knowledge of Generally Accepted Accounting Principles (GAAP), Texas Administrative Code, and applicable rules and regulations.
• Knowledge of office management practices, administrative procedures, accounting methods, and accounting systems.
• Knowledge of HHSC programs, services, and procedures.
• Skill in critical thinking, gathering, analyzing, and making accurate decisions about information.
• Skill in numerical, verbal, and written communication, and research.
• Skill in MS Office applications; intermediate to moderate skill level with Microsoft Excel.
• Ability to conduct financial examinations of financial compliance and cost reports, set priorities, plan, organize, and coordinate work activities.
• Ability to maintain effective working relationships with others (teamwork).
• Ability to analyze financial records and other reports to support the financial examination process.
• Ability to interpret and/or implement policies and procedures.
• Ability to manage multiple projects effectively and produce quality work to meet deadlines.
• Ability to concentrate for extended time periods on detailed documents or projects.

Benefits

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.

Explore more details on the Benefits of Working at HHS webpage.

Pay

• Salary Range: $4,523.16 - $7,253.83 per month
• Pay Frequency: Monthly

Schedule

• Shift: Day
• Full-time
• Regular/Temporary: Regular
• FLSA: Exempt
• Eligible for Telework
• Travel: Up to 5%