Portfolio Budget Manager (WMS2FS) – Internal Only

Thurston County, WA - USA

Yearly Salary: $ 79752 - 111648

Posted on: 21 hours ago

Vacancies: 1 Vacancy

Job Summary

Description

Portfolio Budget Manager (WMS2/FS) Internal Only

This opportunity is internal and available to current HCA employees only.

The Portfolio Budget Manager helps ensure HCA manages its funds in a way that allows 2.5 million Washingtonians to have health insurance. If you are looking for meaningful work and an amazing collaborative team this might be the fit for you!

All Health Care Authority (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.

About the division:

The Financial Services Division (FSD) in collaboration with other HCA divisions a variety of external stakeholders and legislative partners provides strategic financial expertise for Apple Health Community Behavioral Health (CBH) Public Employee Benefits Board (PEBB) and School Employee Benefits Board (SEBB) 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.

About the position:
The Portfolio Budget Manager (WMS2) reports to the Deputy Budget Operations Section Manager and has overall responsibility to assist with the agency budget projections and budget projects. The incumbent performs budget and program planning analysis for the agency with assistance to different divisions when necessary. This position is responsible for developing and monitoring budgets requests allotment processes fiscal notes projections activity inventory and assuring that processes are completed within Office of Financial Management (OFM) guidelines and meet all budgetary requirements as directed by the Budget Operations addition this position is charged with monitoring expenditures against allotment to identify any fiscal issues for HCA management program managers and stakeholders and assures the fiscal information reported to OFM legislature staff and the federal government is accurate.

This position is eligible to telework part-time but is regularly required to report on-site to 1 day a week and occasionally to meet business need. 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.

Duties

Some of what you will do:

Financial Management Fiscal Impact and Decision Support:

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.
Create financial models and determine the fiscal impacts of legislative policy or rulemaking proposals put forth by the HCA or state or federal legislative bodies related to Medicaid managed care including alternative scenarios of appropriate.

Coordination with Authorizing Environment Stakeholders Partners and HCA Programs/Units:

Coordinate with fiscal and programmatic staff internal and external to the HCA to ensure 1) the accuracy of data and information presented in agency biennial and supplemental funding proposals and 2) that budget policy objectives are met while furthering the strategic goals of the HCA.
Represent the HCA Financial Services Division on interagency policy and data work groups.

Budget and Financial Management:

Contribute to the development of the Medicaid per capita forecast; confirm accuracy of forecast output.
Oversee any necessary adjustments specialty payments and journal vouchers (JVs) for Medicaid services.

Managed Care Rate Development:

Provide technical assistance and contribute to the development of Medicaid managed care rates.

Work with consulting actuaries to ensure HCA and legislative policy decisions are accurately incorporated into the Medicaid managed care rates and contracts.

Qualifications

Required qualifications:

Competencies:

The ability to take action to learn and grow.
The ability to take action to meet the needs of others

Analytic & Technical Skills:

Expert/advanced level skill with Microsoft Excel and working knowledge of designing complex modeling structuring and ad-hoc data for use in pivot tables and composing nested formulas.
Ability to creatively use resources to create and document work processes and analytical tools.
Working knowledge of analytical query protocols/software such as SQL.
Ability to analyze data identify data needs develop problem solving strategies support ideas using data as evidence develop goals and priorities and establish benchmarks.
Ability to analyze and research the differences between budgeted and forecasted expenditures and actual expenditures and effectively communicate the reason for the differences.
Analytical skills for financial research and modeling in complex multi-system environments.

Communication Skills:

Effective verbal and written communication skills including the ability to translate complex financial/analytical information for non-financial/analytical audiences.
Experience communicating with an array of audiences ranging from staff with little financial background to elected government officials and federal auditors.
Ability to coordinate and build consensus among internal/external stakeholders toward the development of department and legislative initiatives.
Ability to develop and review complex written materials and provide detailed policy analysis.

Qualifying candidates will also meet one of the following criteria options:

Option 1:

Bachelors degree from an accredited college or university in statistics science mathematics data science public administration or related field.
Three (3) years of professional experience working with large complex financial systems/information is required.

Option 2:

Associates degree from an accredited college or university.
Five (5) years of professional experience working with large complex financial systems/information is required.

Option 3:

Seven (7) years of professional experience working with large complex financial systems/information is required.

Preferred qualifications:

Analytic & Technical Experience and Skills:

Two (2) or more years of experience querying data through programs such as Power BI Power Pivot.
Four (4) or more years of experience in the development of financial modeling.
Seven (7) years of experience working in the financial field.

Government Experience:

Experience working with the Washington State Agency Financial Reporting System (AFRS) data.
Experience contributing to decision packages and fiscal notes.
Knowledge of protocols/processes of the executive/legislative branches of state government.
Knowledge of Provider One System.
Experience with the Washington State Agency Budget System (ABS).
Experience working with the federal government.
Familiarity with State and Federal laws rules and regulations that impact/govern the States Medicaid CHIP and state funded health programs.

How to apply:

Only candidates who reflect the minimum qualifications on their NEOGOV profile will be considered. Failure to follow the application instructions below may lead to disqualification.

A cover letter that specifically addresses how you meet the qualifications for this position
Current resume

To take advantage of veteran preference please do the following:

Attach a copy of your DD214 (Member 4 long-form copy) NGB 22 or USDVA signed verification of service letter.
Please black out any PII (personally identifiable information) data such as social security numbers. Include your name as it appears on your application in .

Supplemental Information

About HCA:
Functioning as both the states largest health care purchaser and its behavioral health authority the Washington State Health Care Authority (HCA) is a leader in ensuring Washington residents have the opportunity to be as healthy as possible.

There are three pillars of our work: Apple Health (Medicaid); the Public Employees Benefits Board (PEBB) and School Employees Benefits Board (SEBB) programs; and behavioral health and recovery. Under these pillars HCA purchases health care including behavioral health treatment for more than 2.7 million Washington residents and provides behavioral health prevention crisis and recovery support to all Washington residents.

What we have to offer:

Meaningful work with friendly co-workers who care about those we serveVoices of HCA
A clear agency mission that drives our work and is person-centeredHCAs Mission Vision & Values
A healthy work/life balance including alternative/flexible schedules and mobile work options.
A great total compensation and benefit packageWA State Government Benefits
A safe pleasant workplace in a convenient location with restaurants and shopping nearby.
And free parking!

Notes:

Prior to a new hire a background check including criminal record history will be conducted. Information from the background check will not necessarily preclude employment.

HCA is an equal opportunity employer. We value the importance of creating an environment in which all employees can feel respected included and empowered to bring unique ideas to the agency. HCA has five employee resource groups (ERGs). ERGs are voluntary employee-led groups whose aim is to foster a diverse inclusive workplace aligned with HCAs mission.Our diversity and inclusion efforts include embracing different cultures backgrounds and viewpoints while fostering growth and advancement in the workplace.Studies have shown women racial and ethnic minorities and persons of disability are less likely to apply for jobs unless they feel they meet every qualification as described in a job description. Persons over 40 years of age disabled and Vietnam era veterans as well as people of all sexual orientations and gender identities are also encouraged to apply. If you have any questions about the required qualifications or how your experience relates to them please contact us at. Persons with disabilities needing assistance in the application process or those needing this job announcement in an alternative format may contact Angelic Matthews at .

The Washington State Health Care Authority (HCA) is anE-Verify employer. All applicants with a legal right to workin the United States are encouraged to apply.

E-Verify is a registered trademark of the U.S. Department of Homeland Security.

Subscribe to our weekly newsletterto receive a list of new job postings at HCA.

Required Experience:

Manager

DescriptionPortfolio Budget Manager (WMS2/FS) Internal OnlyThis opportunity is internal and available to current HCA employees only.The Portfolio Budget Manager helps ensure HCA manages its funds in a way that allows 2.5 million Washingtonians to have health insurance. If you are looking for meanin...