Job Posting Title

Financial Analyst III

Agency

807 HEALTH CARE AUTHORITY

Supervisory Organization

Financial Management

Job Posting End Date (Continuous if Blank)

October 31, 2024

Note: Applications will be accepted until 11:59 PM on the day prior to the posting end date above.

Estimated Appointment End Date (Continuous if Blank)

Full/Part-Time

Full time

Job Type

Regular

Compensation

$24.71 / hourly

Job Description

Agency/Division Information

The Oklahoma Health Care Authority (OHCA) works to ensure Oklahomans have access to better health and better care. The agency’s core values include passion for purpose, trust and transparency, empowerment and accountability, best in class and outcome-driven, and servant leadership. The Financial Analyst III is a full-time role with partial teleworking opportunities. This position will be required to report the office a few days a week.

Position Purpose:

The Financial Analyst III provides critical financial support to the agency by analyzing and managing Medicaid-related financial transactions, ensuring compliance with state and federal regulations, and contributing to the strategic financial operations of the organization. This position involves complex financial data analysis, reporting, and resolution of inquiries from internal and external stakeholders. The Financial Analyst III works closely with other divisions to maintain fiscal accuracy and optimize financial processes, supporting OHCA’s mission to provide access to quality healthcare for Oklahomans.

Principle Activities May Include:

• Serve as the primary contact to resolve concerns regarding assessment and access payments. Initiate contact with outside vendors to solicit information, correct errors, and investigate questionable data.
• Answers complex incoming telephone and written inquiries accurately and timely from members, providers, vendors, county offices and others.  Requires individual research and interpretation of federal rules and procedures and agency rules.
• Prepare and present administrative, statistical, and fiscal reports. Respond to non-routine or complex inquiries regarding financial transactions.
• Explain Medicaid policies and procedures, identifies potential operational and contractual issues. Independently communicates and resolves issues with providers and members as identified in reports, written correspondence, telephone calls and walk ins. 
• Assist in the design, testing, and implementation of system changes. Identify system discrepancies and recommend maintenance or policy changes.
• Serve as team lead in planning and coordinating daily operations for team members. Provide program training to staff, contractors, agency partners, and stakeholders.
• Resolve complex complaints from members and providers. Answer complex inquiries from members, providers, and other stakeholders accurately and timely.
• Analyze, research, and investigate TPL related reports from MMIS. Correct provider history or payment based on findings.
• Represent OHCA at seminars, training forums, and conferences. Develop, interpret, and communicate policies and materials related to member inquiries.
• Identify and resolve operational and contractual issues. Coordinate with appropriate departments to resolve system problems and develop solutions
• Other duties as assigned.

Knowledge, Skills, Abilities and Competencies

The Financial Analyst III role requires strong analytical skills to evaluate complex financial data, knowledge of state and federal Medicaid regulations, and the ability to resolve operational and contractual financial issues. Effective communication is essential for collaborating with internal and external stakeholders and preparing accurate reports. Korn Ferry competencies such as Manages Complexity (to navigate complex financial issues and regulatory requirements) and Financial Acumen (to drive accurate budgeting and financial reporting) are critical for success in this position.

Education and Experience

• A bachelor’s degree in Accounting, Finance, Business or closely related field

OR

• 4 years of experience in technical, administrative, or fiscal related work

OR

• An equivalent combination of education and experience.

Preference may be given to candidates with:

• Experience with Business Objects, SQL, and or programming experience
• SoonerCare Claims Experience
• Cost Report Experience
• iCE experience, specifically Provider, Financial, Claims, and Reference subsystems
• Government accounting/federal reporting work experience
• Experience with MS Office; specifically Word (Mail Merge), Excel, and Access
• Clerical experience in a professional setting

Special Requirements

Physical Demands:

• Must be able to remain sitting for prolonged periods at a desk and working on a computer.
• Must be able to move or lift up to 15 pounds at various times.

Work Environment: The office work environment includes regular exposure to general office equipment such as computer equipment, phones, and copy machines. 

Benefits Highlights

OHCA is proud to provide a comprehensive benefits package designed to support our employees and their dependents.   Our benefits include:

• Generous state paid benefit allowance to help cover insurance premiums.
• A wide choice of best-in-class health insurance plans.
• Optional flexible spending accounts for health care expenses or dependent care.
• Employee assistance program and health and fitness programs.
• 11 paid holidays.
• 15 days of vacation and 15 days of sick leave the first year.
• Retirement Savings Plan with a generous contribution.
• Longevity Bonus for years of service.
• Public Service Loan forgiveness and educational assistance reimbursement program.
• Training opportunities for CEU requirements.

Accommodation Statement:

The Oklahoma Health Care Authority complies with applicable State and Federal civil rights laws and does not discriminate.  All qualified applicants will receive consideration for employment without regard to race, color, sex, religion, disability, age, national origin, or genetic information. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Civil Rights Coordinator at 405-522-7335. 

Notice to applicants:

Please add [email protected]  to the address book or “safe-senders” list in your email.  All correspondence will come from this address.  Be sure to check your junk folder.  If you have questions about the status of your application, you can contact the HR team at 405-522-7093.

Note: Applications will be accepted until 11:59 PM on the day prior to the posting end date above.

Current State of Oklahoma employees must apply for open positions internally through Workday Jobs Hub. 

**A complete job application includes: Resume/CV attached with a complete work history and education.**

Equal Opportunity Employment

The State of Oklahoma is an equal opportunity employer and does not discriminate on the basis of genetic information, race, religion, color, sex, age, national origin, or disability.

Current active State of Oklahoma employees must apply for open positions internally through the Workday Jobs Hub.