Financial Reporting Director (D-II)
$7,000 - $8,999 per monthHealth & Human Services Comm
Career Opportunities: Financial Reporting Director (D-II) (21370) Posting ID 21370 -Posted 09/11/2026 - Health & Human Services Comm - Finan Reportng and Audit Coord - Business and Financial Operations - Other Locations (1) - d. $7000 - $8999 per month Join the Texas Health and Human Services Commission (HHSC) and be part of a team committed to creating a positive impact in the lives of fellow Texans. At HHSC, your contributions matter, and we support you at each stage of your life and work journey. 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 and more. Explore more details on the Benefits of Working at HHS webpage . Functional Title: Financial Reporting Director (D-II) Job Title: Director II Agency: Health & Human Services Comm Department: Finan Reportng and Audit Coord Posting Number: 21370 Closing Date: 12/31/2026 Posting Audience: Internal and External Occupational Category: Business and Financial Operations Salary Range: $7,015.16-$9,872.41 Pay Frequency: Monthly Salary Group: TEXAS-B-27 Shift: Day Additional Shift: None Telework: Travel: Up to 5% Regular/Temporary: Regular Full Time/Part Time: Full time FLSA Exempt/Non-Exempt: Exempt Facility Location: Job Location City: AUSTIN Job Location Address: 4601 W GUADALUPE ST Other Locations: Austin MOS Codes: 8003,8040,8041,8042,10C0,111X,112X,113X,114X,20C0,30C0,40C0,611X,612X,631X,641X,648X,90G0,91C0,91W0 97E0,SEI15 Brief Job Description The Texas Health and Human Services Commission (HHSC) Medicaid CHIP Services (MCS) division seeks a highly qualified candidate to fill the position of Financial Reporting Director. 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 managing the team responsible for reviewing, analyzing, and evaluating self-reported financial data. This position performs advanced (senior level) managerial work providing direction and guidance in strategic operations and planning, including overseeing the operations of a team of financial analysts responsible for performing rigorous and complex validation and reconciliation of managed care organization (MCO), Dental Maintenance Organization (DMO) and Medicare-Medicaid Plan (MMP) self-reported data. Work involves establishing division goals and objectives; developing policies; reviewing, amending, and developing guidelines, procedures, rules, and regulations; establishing priorities, standards, and measurement tools for determining progress in meeting goals; and coordinating and evaluating program activities. Plans, assigns, and supervises the work of others. The Financial Reporting Director reviews, monitors, and analyzes all aspects of financial reporting of managed care entities under contract with HHSC. Works under minimal supervision, with extensive latitude for the use of initiative and independent judgment. The position utilizes extensive institutional knowledge of Medicaid and requires experience in the complexities of Medicaid/CHIP and to a limited extent, Medicare financial reporting to design, implement and maintain financial reporting methods and financial oversight practices for all contractually required financial deliverables. The Financial Reporting Director thrives in an environment that emphasizes teamwork to achieve goals, excellence through high professional standards and personal accountability and critical thinking and integrity for effective execution. This position is part of the Financial Reporting and Audit Coordination (FRAC) within HHSC. The position reports to the Director for Financial Reporting and Special Projects. Essential Job Functions [30%] Directs the activities and functions of the Financial Reporting team. Oversees the work of the team leads and Senior Financial Analysts tasked with reviewing financial deliverables including the Financial Statistical Report (FSRs), and all reconciliations with respect to: timeliness; accuracy; and compliance with department procedures and MCO contract requirements. Develops and establishes goals and objectives for the Financial Reporting team that are consistent with the agency’s strategic plan, department goals, and MCO contract requirements. Develops and implements techniques for evaluating program activities and/or business functions and identifies any needed changes. Provides feedback and counseling to staff regarding the quality of work products. Develops policies, procedures, and guidelines; implements and monitors staff compliance based on personal institutional knowledge, state and federal rules, statutes and agency requirements; provides staff training as needed.
- 20%] Oversees development of MCS Financial Reporting Policies and Procedures to support and comply with agency policies and state and federal rules and statutes. Directs development of original or amended contract language to reflect changes in MCO financial reporting necessitated by new regulations or changes and/or process improvements to MCS oversight requirements. This may include but is not limited to the developing new or revised financial templates and forms.
- 15%] Provides guidance and consultative services to: MCS program areas; HHSC Financial Services (Actuarial Analysis and Accounts Receivable departments); and other entities as required on the use and interpretation of the FSRs. Establishes and maintains effective working relationships and communication with staff from other departments, agencies, and organizations; interacts appropriately with others, in a contributory manner. Plans, develops, and approves schedules, priorities, and standards for achieving goals; and directs evaluation activities. Serves as the subject matter expert on matters related to financial compliance. Occasionally travels to MCO facilities, in-town and across the state, and to various state government offices. Demonstrates team attitude and fills in where needed.
- 10%] Responds to information requests and provides consultative services to: HHSC Internal Auditors; the Texas State Auditor's Office; the Texas Department of Insurance; HHSC Inspector General, HHS Open Records and federal auditors for all matters related to the validation of MCO financial deliverables. Reviews results of special investigations, internal audits, research studies, forecasts, and modeling exercises to provide direction and guidance. May develop or assist with developing long-range and short-term plans for the department.
- 10%] Reviews MCO non-compliance with financial reporting requirements and provides recommendations for MCO sanctions and liquidated damages to MCS Managed Care Contracts and Oversight, as appropriate.
- 10%] Coordinates with the team leads and Senior Financial Analysts in providing timely instructions or clarifications to the MCOs regarding proper application of new or revised contractual requirements related to financial reporting. Communicates directly with MCO financial reporting staff at all levels including CEOs, CFOs, or Compliance Directors.
- 5%] Recommends improvements to contract monitoring methodologies to FRAC senior leadership team including the Deputy Director as well as to other areas in the agency. May represent the agency at business meetings, hearings, trials, legislative sessions, conferences, and seminars or on boards, panels, and committees as needed. Performs other duties as assigned.
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