Fiscal Analyst ; FA​/FS

Fiscal Analyst 3 (FA3/FS)

This Fiscal Analyst 3 position offers the stability of state employment, a hybrid telework schedule (based in Olympia), and the opportunity to perform complex, analytical financial work. It offers independent, analytical responsibility in General Ledger, GAAP compliance, and contract monitoring. If you want to be part of a fun, supportive and collaborative team this might be the right fit 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.

The Financial Services Division (FSD), in collaboration with other HCA divisions and a variety of external stakeholders and legislative partners, provides strategic financial expertise for Medicaid, Community Behavioral Health, PEBB and SEBB programs. In addition, FSD oversees the budget and compliance functions necessary to manage and monitor the single largest Washington State individual operating 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.

This position works independently and is responsible for receipting in daily revenues, accounts payable and receivable processing, financial report analysis, reconciliation and resolution. The position reports directly to the Medicaid Accounts Receivable Supervisor within the Accounting Section/Medicaid Accounting unit.

This position will be eligible to telework but is required to report on‑site 2 business days per week during training. This position will also be required to attend in person all staff division meetings approximately 4 times a year (Olympia, WA). 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. HCA has currently suspended the ability to support out-of-state telework.

• As a General Ledger specialist, independently plan, coordinate, and conduct financial review and analysis of complex inter-local contracts and other assigned receivables within the Agency Financial Reporting System (AFRS), in accordance with Generally Accepted Accounting Principles (GAAP).
• Monitor, review, analyze, approve and reconcile fiscal aspects of contract ensuring compliance with GAAP, contract terms, maximum monetary consideration, applicable fiscal policies and procedures issued by HCA, the State of Washington and the federal government.
• Perform financial review and analysis of contract payments and interpret what the fiscal information means monthly, including the historical trend analysis for contracts and expenditures accruals in accordance with terms and conditions and in compliance with GAAP, state and federal rules.
• Review, research, and reconcile accounts payable, receivable, and local revenue accounts.
• Prepare journal vouchers as necessary to transfer and record revenue and expenditures in proper account codes.
• Review, analyze, authorize, and monitor several complex local contracts for proper input into the Agency Financial Reporting System.
• Assure accuracy of expenditures by establishing and maintaining quality fiscal control methods used to identify potential problem areas and develop reconciliation tools to maintain accurate financial records.
• Develop and maintain spreadsheets for contract monitoring to maintain program integrity, investigate, and resolve fiscal issues.
• Process incoming payments received through the mail.
• Process incoming electronic funds transfers to include ACH payments and wires.
• Prepare and submit fiscal year end close reports.
• Coordinate, manage, and reconcile local revenue received from Stakeholders…