Financial Business Analyst

The Business Financial Analyst works under the leadership of the Chief Financial Officer and is responsible for performing complex financial analysis, cost reporting, and financial management support for the organization. This position provides financial information and analysis to assist executive leadership and management in making informed business and operational decisions.

This position adheres to all applicable laws, regulations, policies, and procedures of Health and Human Services Commission (HHSC) and Denton County MHMR Center.

• Bachelor's degree in Accounting, Finance, Business Administration, Economics, Public Administration, or a related field required.
• Three years of progressively responsible experience in financial analysis, accounting, budgeting, cost reporting, governmental finance, nonprofit finance, or a related field required.
• Experience working for a governmental entity, local mental health authority, behavioral health organization, nonprofit organization, healthcare organization, or other publicly funded entity preferred.
• Experience preparing governmental, grant, contract, or cost reports preferred.
• Experience with governmental funding requirements and cost allocation methodologies preferred.
• Experience with state or federal grants and contracts preferred.
• Experience with financial audits and governmental monitoring reviews preferred.
• Experience with enterprise financial/accounting systems and financial reporting software preferred.

• Knowledge of governmental, nonprofit, or healthcare financial management and reporting principles.
• Knowledge of cost allocation principles and governmental funding requirements.
• Strong understanding of budgeting, forecasting, variance analysis, and financial reporting.
• Ability to analyze complex financial information and identify trends, inconsistencies, and potential risks.
• Strong understanding of accounting principles and general ledger activity.
• Advanced proficiency in Microsoft Excel, including formulas, pivot tables, financial modeling, and data analysis.
• Ability to work with financial and accounting software and reporting systems.
• Strong organizational skills and attention to detail.
• Ability to manage multiple deadlines and prioritize competing assignments.
• Excellent written and verbal communication skills.
• Ability to explain complex financial concepts clearly to individuals who do not have a financial background.
• Ability to maintain confidentiality and exercise sound professional judgment.
• Ability to independently research governmental regulations, contractual requirements, and financial reporting standards.

The following list outlines key responsibilities for the position; however, it is not exhaustive and does not encompass all responsibilities. Additional duties may be assigned as needed.

• Performs detailed financial analysis of revenues, expenditures, program costs, staffing costs, and operational activities.
• Prepares monthly, quarterly, and annual financial reports for management and executive leadership.
• Analyzes actual financial results compared to approved budgets and prior-period results and identifies significant variances.
• Investigates financial variances and works with department managers to identify causes, trends, and potential corrective actions.
• Develops financial schedules, spreadsheets, reports, and analytical tools to support organizational decision-making.
• Provides financial analysis and recommendations regarding program operations, expenditures, funding utilization, and resource allocation.
• Assists in developing financial projections, forecasts, and long-range financial models.

• Prepares, reviews, and…