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Senior Financial Analyst

$71.84k - $101.59k

Mainerafting

If you are a current State of Maine employee, please submit your application through the internal application process using the Find Jobs report in PRISM. Seasonal employees who do not have PRISM access should apply through the State’s career page and indicate on the application that they have previously worked for the State. Department ofHealth and Human Services (DHHS) Public Service Coordinator II Opening Date: July 10, 2026 Closing Date: July 23, 2026 Job Class Code: CA30 Grade: 30 (Confidential) Salary: $71,843.20 - $101,587.20 per year Position Number: 02022-8113 Location: The position is located in Augusta. This position allows for partial telework with management approval. Currently, this position is not eligible for visa sponsorship or STEM OPT extensions. Core Responsibilities: This Senior Financial Analyst position provides budgetary oversight as well as monitoring and projections of the Department’s expenditures, with a particular focus on the MaineCare program. As a Senior Financial Analyst, you will: Analyze MaineCare financial data to forecast expenditures, revenue collections, and emerging fiscal trends. Propose and draft necessary budget initiatives to ensure adequate funding for the MaineCare program in response to federal and state policy changes, such as adjustments to the Federal Medical Assistance Percentage (FMAP) rate. Provide strategic financial analysis and recommendations to support budget development, financial planning, and policy decisions. Assist in developing legislative initiatives and drafting statutory changes related to financial and budgetary policy. Collaborate with teams from across state government to improve financial outcomes and operational efficiency. Communicate complex financial information and analyses to technical and non-technical audiences, including executive leadership, through written reports and presentations. Validate, reconcile, and maintain the integrity of financial data within and extracted from departmental data systems to support accurate reporting and decision-making. Manage multiple high-priority projects simultaneously, establish priorities, and consistently meet deadlines in a fast-paced environment. Minimum Qualifications: To qualify, you must have an eight (8) year combination of education and/or experience which includes a Bachelors Degree in Business Administration, Statistics, Mathematics or a closely related field -AND- four (4) years of responsible experience in accounting, cost, budget and/or financial analysis. Directly related professional experience may be substituted for education on a year-for-year basis. Prior experience in analyzing Medicaid financial or program data is preferred. The background of well-qualified candidates will demonstrate the following competencies: Experience developing financial forecasts, budget recommendations, or fiscal impact analyses to support executive decision-making. Proven ability to analyze and interpret complex fiscal information, assess the implications on Department programs and operations, and provide strategic recommendations to senior leadership. Knowledge of effective financial management practices evidenced through formal education and/or practical experience at the professional level. Advanced proficiency in spreadsheet and data analysis tools, including pivot tables, advanced formulas, macros/VBA, database query and reporting methods, and statistical analysis techniques. Demonstrated ability to research and interpret budget documents, statutes, regulations, and Medicaid policy to provide strategic financial guidance and recommendations to executive leadership. Agency information: The Department of Health and Human Services (DHHS) is dedicated to promoting health, safety, resilience, and opportunity for Maine people. The Department provides health and social services to approximately a third of the State's population, including children, families, older Mainers, and individuals with disabilities, mental illness, and substance use disorders. The Department also promotes public health, operates two state psychiatric hospitals, and provides oversight to health care providers. The Office of Financial Management within the Commissioner’s Office is responsible for the oversight and management of the Department’s $7.6 billion budget; of which MaineCare represents approximately $5.5 billion. The Financial Management team works collaboratively with offices across DHHS and other State agencies to formulate budget documents, track and forecast expenditures, and advise Department leadership on areas of financial policy and management. Application Information: For additional information about this position, please e-mail View email address on click.appcast.io To apply, please upload a current resume and cover letter. Please submit all documents or files in PDF or Word format. To request a paper application, please contact View email address on click.appcast.io Benefits of working for the State of Maine: No matter where you work across Maine state government, you find employees who embody our state motto—"Dirigo" or "I lead"—as they provide essential services to Mainers every day. We believe in supporting our workforce's health and wellbeing with a valuable total compensation package, including: Work-Life Fit – Rest is essential. Take time for yourself using 13 paid holidays, 12 days of sick leave, and 3+ weeks of vacation leave annually. Vacation leave accrual increases with years of service, and overtime‑exempt employees receive personal leave. Health Insurance Coverage – The State of Maine pays 85%-100% of employee-only premiums (US$12,845.82 - $15,112.76 annual value), depending on salary. Use this chart to find the premium costs for you and your family, including the percentage of dependent coverage paid by the State. Health Insurance Premium Credit – Participation decreases employee-only premiums by 5%. Visit the Office of Employee Health and Wellness for more information about program requirements. Dental Insurance – The State of Maine pays 100% of employee-only dental premiums (US$395.72 annual value). Retirement Plan – The State contributes the equivalent of 18.91% of the employee's pay towards the Maine Public Employees Retirement System (MainePERS). Parental leave – All employees who are welcoming a child—including non‑birthing and adoptive parents—receive six weeks of fully paid parental leave. Additional, unpaid leave may also be available, under the Family and Medical Leave Act. State employees are eligible for an extensive and highly competitive benefits package covering many aspects of wellness. Learn about additional wellness benefits for State employees from the Office of Employee Health and Wellness. Note: Benefits may vary somewhat according to specific collective bargaining agreements and are prorated for anything less than full‑time. As an Equal Opportunity employer, Maine State Government embraces a culture of respect and awareness. We are committed to creating a strong sense of belonging for all team members, and our process ensures an inclusive environment to applicants of all backgrounds including diverse race, color, sex, sexual orientation or gender identity, physical or mental disability, religion, age, ancestry, national origin, familial status or genetics. If you’re looking for a great next step, and want to feel good about what you do, we’d love to hear from you. Please note reasonable accommodations are provided to qualified individuals with disabilities upon request. If you are unable to complete the online application, please contact the Human Resources representative listed on the job opening you are interested in applying for. They will work with you for an alternative method of submitting. #J-18808-Ljbffr

Vacancy posted 19 hours ago
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