Fiscal Information & Data Analyst; WMSG​/FS

Fiscal Information & Data Analyst (WMSG2/FS)

This Fiscal Information & Data Analyst (FIDA) position offers the opportunity for high-impact, mission-oriented work in public service, professional growth, and the ability to directly influence significant financial and policy decisions for Washington State's healthcare programs. Do you have professional experience working with large, complex financial systems and or information? If so, 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 Health Care Authority (HCA) divisions and a variety of external stakeholders and legislative partners, provides strategic financial expertise for Apple Health, Public Employee Benefit Board (PEBB) and School Employee Benefits Board (SEBB) programs. In addition, FSD oversees the budget and compliance functions necessary to manage and monitor the single largest Washington State individual agency 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 Fiscal Information & Data Analyst (FIDA) provides advanced level technical analysis, advice, and recommendations to management decision makers, including the HCA Chief Financial Officer and agency executive management. The incumbent's work directly affects the management of the HCA Medicaid budget of over $16 billion per biennium. This position is responsible for developing and monitoring key components of the Medicaid rates, behavioral health finance, agency information requests, fiscal notes, and financial analyses in a manner that ensures the process undertaken and content of all deliverables meets the HCA and Office of Financial Management (OFM) requirements and guidelines.

This position is responsible for identifying and analyzing financial variances and communicating them in an accurate, timely fashion to all parties as appropriate, to include program managers, HCA executive management, and OFM.

This position is eligible to telework and is required to report on-site once a week. 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.

• Perform and provide complex analysis and financial modeling for decision packages under consideration by the HCA director, Chief Financial Officer, OFM, and legislature that outline issues with current funding and/or initiate policy proposals to address anticipated future needs.
• Lead the development of modeling and strategies for sound fiscal projections to ensure adequate funding for agency programs.
• Annual development, updating, and reconciliation of financial models and data used for fiscal notes involving state and Medicaid funds.
• Develop and review fiscal notes, bill analyses, and budget versions during the legislative session as needed.
• Develop fiscal projections/impact analyses and related models in support of effective fiscal management of, and adequate funding for, agency programs; present analyses to HCA decision makers and other stakeholders; document development process, including assumptions, data sources, etc.
• Coordinate with fiscal and programmatic staff internal and external to the HCA to ensure the accuracy of data and information presented in agency biennial and supplemental funding proposals.
• Contribute to the development of the Medicaid per capita forecast; confirm accuracy of…