FAIII; Cost Report Methodology Team
Listed on 2026-09-12
-
Finance & Banking
Financial Analyst -
Business
Financial Analyst
Career Opportunities: FAIII (Cost Report Based Rate Methodology Team) (20518)
Posting 20518
-Posted
- Health & Human Services Comm
- HHSC & HHS Rate Analysis LTC
- Business and Financial Operations
- Eligible for Telework
-c. $5000 - $6999 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:
FAIII (Cost Report Based Rate Methodology Team)
Job Title:Financial Analyst III
Agency:Health & Human Services Comm
Department:HHSC & HHS Rate Analysis LTC
Posting Number:20518
Closing Date:09/24/2026
Posting Audience:Internal and External
Occupational Category:Business and Financial Operations
Salary Range:$5,425.33-$8,886.16
Pay Frequency: Monthly
Salary Group:TEXAS-B-24
Shift:Day
Additional Shift:None
Telework:Eligible for 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:None
MOS Codes: ,8844,36A,70C,36B,65FX,65WX,6F0X1,F&S,FIN
10
The Financial Analyst III serves as a member of the Texas Health and Human Services Commission (HHSC) Provider Finance Department (PFD) Long-term Services and Supports (LTSS) team and performs financial analysis to support cost report-based rate reimbursement methodologies.
The position entails (senior-level) financial analysis work that includes: collecting, reviewing, and analyzing financial and statistical data; preparing reports and other documents to outline findings of the financial analysis; and consulting with internal and external stakeholders to ensure data collection and financial analyses support cost report-based rate methodologies.
This position works under minimal supervision, with considerable latitude for the use of initiative and independent judgment.
ESSENTIAL JOB FUNCTIONS (EJF):
Performs Financial Analysis Functions (30%): Assists in the establishment and maintenance of rate models and cost reports and surveys. Conducts analysis of financial and statistical data to support cost report-based reimbursement rate methodologies in accordance with Texas Administrative Code rules, program guidelines, and established processes and procedures. Coordinates among teammates to analyze processes and develop process improvements.
Report and Survey Development and Analysis (25%): Coordinates with internal colleagues and external stakeholders in the design and maintenance/updates of cost and financial compliance reports or surveys of Medicaid and non-Medicaid programs to inform financial analysis and rate setting efforts. Interprets financial analysis results and develops recommendations for agency management.
Evaluate and Implements New Initiatives (20%): Assists in thedesign of special cost and statistical research and conducts financial analysis to evaluate the feasibility and cost implications regarding payment rate structure options, new program initiatives or enhancements, special payment rate initiatives, and new regulations. Assists in the preparation of recommendations and responses for proposed legislation and state or federal initiatives. Assists in the preparation of reports, memos, Texas Administrative Code Rule amendments, State Plan amendments, waiver amendments, and other documentation to propose and implement new initiatives.
Stakeholder and Staff Communication (20%): Communicates complex information to internal and external parties to provide, exchange, or verify information; answer inquiries; address issues; or resolve problems or complaints. Interfaces with various contracted providers, provider representatives, client advocates, other agency staff, advisory committees, work groups, attorneys, and other interested parties concerning financial analysis issues affecting cost report-based reimbursement rate methodologies.
Other Duties as Assigned (5%): Performs other work as assigned required to maintain and support the office and HHSC operations.
Total: 100%
LICENSURE, CERTIFICATION, OR REGISTRATION
REQUIRED:
None Required.
KNOWLEDGE, SKILLS, AND…
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