Fiscal Analyst

Fiscal Analyst 4 (FA4/FSD) 71114504 This position oversees a complex service level agreement with the Health Benefit Exchange, performing a full range of accounting functions including accounts payable, accounts receivable, monthly reports, and coordinating payments and reimbursements between agencies and contractors. The ideal candidate will have demonstrated reliability and experience with journal vouchers and Washington State’s Agency Financial Reporting System (AFRS). If you have a track record of consistently meeting deadlines and tracking accounting tasks occurring on a regular basis, this may be the opportunity for you! All HCA employees will apply an equity lens to their work, which may include but is not limited to all analyses of core business and processes About the division: The Health Care Authority’s (HCA) Financial Services Division (FSD), in collaboration with other HCA divisions and a variety of external stakeholders and legislative partners, provides strategic financial expertise for Apple Health, Community Behavioral Health (CBH), Public Employees Benefits Board (PEBB), and School Employees Benefits Board (SEBB) programs. In addition, FSD oversees the budget and compliance functions necessary to manage and monitor a $14.5 billion annual budget. Functions include budget management, accounting, forecasting, professional and hospital rate setting, financial analysis, and payment/collection operations. This division maintains a close working relationship with agency program, policy, and clinical divisions to ensure financially sound implementation and monitoring of program strategies. It is also accountable to the Governor and legislature in ensuring HCA operates within its budget. About the position: This Fiscal Analyst 4 (FA4) position works independently under general direction and is responsible for complex contract payments, inter-agency payments, accounts receivable, monthly accruals, administrative general ledger reconciliations, and serves as a Subject Matter Expert on the fiscal oversight and monitoring of the HCA-Health Benefit Exchange (HBE) service level agreement. The position reports directly to the Administrative Accounting Manager within the Administrative Accounting Unit. This position is eligible to telework but is frequently required to report on-site to meet business need. The default assigned work location of all Health Care Authority (HCA) positions – both on-site and telework eligible positions – is within the State of Washington. This position reports to Olympia, WA. Frequency of onsite work will vary based on business and operational needs. All agency employees are required to report on-site in Olympia on their first and last days of employment to pick up and return state-issued equipment, regardless of telework status or location. Some of what you will do: Review HBE invoices for accuracy, completeness, and compliance with state and federal rules and regulations. Prepare monthly accruals for invoices, process payments once approval has been received, and recover prepaid payments. Monitor activities including revenue, expenditures, and general ledger balances. Prepare monthly activity report and receivable billings for HBE. Prepare quarterly prepayments and accrual and cash receipts to HBE. Process cash receipts, ensuring proper account coding. Develop and maintain fiscal reports used to review, analyze, and ensure accurate reporting of HCA expenditure appropriation status on a monthly basis. Attend monthly meetings with HBE staff and respond to questions on the financial status and payments. Perform financial review and analysis of complex contract payments to ensure accuracy of expenditure data. Monitor and maintain controls of disbursements ensuring accurate accounting and recording of fiscal records. Prepare monthly receivable billings for both inter-agencies and external vendors Prepare monthly and fiscal end close adjustments and journal voucher accrual documents. Assure contract payments are accurate and in compliance with contract terms and conditions. Provide financial assistance and accounting recommendations to the Supervisor, fiscal, and program staff on contract, invoices, payments, and the account code structure. Independently analyze and reconcile general ledger accounts and subsidiary accounts as assigned for accuracy. Required qualifications: Qualifying candidates will meet one of the following criteria options: Option1: Six (6) years of relevant professional experience in any of the following areas: Experience with accounts payable and receivable processing, financial report analysis, reconciliation and resolution. Experience analyzing complex financial data and reports, federal and state accounting rules, regulations, policies and procedures. Experience performing research, analyzing, and drawing conclusions from fiscal data; with the ability to support recommendations with facts and analysis; interpret and apply rules, laws, policies, and procedures. Option2: Associate degree that includes 18 quarter or 12 semester hours in accounting, auditing, or budgeting and Four (4) years of relevant professional experience in any of the areas mentioned above. Option3: Bachelor’s degree that includes 18 quarter or 12 semester hours in accounting, auditing, or budgeting and Two (2) years of relevant professional experience in any of the areas mentioned above. Option4: Master’s degree in a financial related field or certification as a Public Accountant, Internal Auditor, Certified Governmental Financial Manager, or Management Accountant Required competencies: The ability to take action to learn and grow. The ability to take action to meet the needs of others. Must be able to plan and prioritize deliverables in a fast-paced environment. Must be able to communicate in a positive manner with diverse audiences and facilitate large and small teams. Preferred qualifications: Experience interpreting policies and procedures. Understanding of the Chart of Accounts and account coding. Experience in performing general ledger reconciliations. Experience using State of Washington Agency Financial Reporting System, including Financial Toolbox application. Experience using State of Washington’s Enterprise Reporting and/or Web-Intelligence applications. Expert level user of Microsoft Excel. Excellent oral and written communication skills. About HCA: Functioning as both the state's largest health care purchaser and its behavioral health authority, the Washington State Health Care Authority (HCA) is a leader in ensuring Washington residents have the opportunity to be as healthy as possible. There are three pillars of our work: Apple Health (Medicaid); the Public Employees Benefits Board (PEBB) and School Employees Benefits Board (SEBB) programs; and behavioral health and recovery. Under these pillars, HCA purchases health care, including behavioral health treatment for more than 2.7 million Washington residents and provides behavioral health prevention, crisis, and recovery supports to all Washington residents. What we have to offer: Meaningful work with friendly co-workers who care about those we serve Voices of HCA A clear agency mission that drives our work and is person-centered HCA's Mission, Vision & Values A healthy work/life balance, including alternative/flexible schedules and mobile work options. A great total compensation and benefit package WA State Government Benefits A safe, pleasant workplace in a convenient location with restaurants, and shopping nearby. And free parking! Notes: Prior to a new hire, a background check including criminal record history will be conducted. Information from the background check will not necessarily preclude employment. HCA is an equal opportunity employer. We value the importance of creating an environment in which all employees can feel respected, included, and empowered to bring unique ideas to the agency. HCA has five employee resource groups (ERGs). ERGs are voluntary, employee-led groups whose aim is to foster a diverse, inclusive workplace aligned with HCA’s mission.Our diversity and inclusion efforts include embracing different cultures, backgrounds and viewpoints while fostering growth and advancement in the workplace. Studies have shown women, racial and ethnic minorities, and persons of disability are less likely to apply for jobs unless they feel they meet every qualification as described in a job description. Persons over 40 years of age, disabled and Vietnam era veterans, as well as people of all sexual orientations and gender identities are also encouraged to apply. If you have any questions about the required qualifications or how your experience relates to them, please contact us at View email address on click.appcast.io Persons with disabilities needing assistance in the application process, or those needing this job announcement in an alternative format may contact Jake Nelko at View phone number on click.appcast.io or View email address on click.appcast.io. The Washington State Health Care Authority (HCA) is an E-Verify employer. All applicants with a legal right to work in the United States are encouraged to apply. E-Verify® is a registered trademark of the U.S. Department of Homeland Security. Subscribe to our weekly newsletter to receive a list of new job postings at HCA. #J-18808-Ljbffr