Lead Financial Analyst (Fin Analyst IV)

Join the Texas Health and Human Services Commission (HHSC) and be part of a team committed to creating a positive impact in the lives of fellow Texans. At HHSC, your contributions matter, and we support you at each stage of your life and work journey. Our comprehensive benefits package includes 100% paid employee health insurance for full-time eligible employees, a defined benefit pension plan, generous time off benefits, numerous opportunities for career advancement and more. Explore more details on the Benefits of Working at HHS webpage.

Functional Title: Lead Financial Analyst (Fin Analyst IV)

Job Title: Financial Analyst IV

Agency: Health & Human Services Comm

Department: Finan Reportng and Audit Coord

Posting Number: 16079

Closing Date: 05/01/2026

Posting Audience: Internal and External

Occupational Category: Business and Financial Operations

Salary Range: $6,377.50 - $10,785.83

Pay Frequency: Monthly

Salary Group: TEXAS-B-26

Shift: Day

Additional Shift: Days (First)

Telework:

Travel: Up to 5%

Regular/Temporary: Regular

Full Time/Part Time: Full time

FLSA Exempt/Non-Exempt: Exempt

Facility Location:

Job Location City: AUSTIN

Job Location Address: 4601 W GUADALUPE ST

Other Locations: Austin

MOS Codes: 3404,3408,8844,36A,70C,36B,65FX,65WX,6F0X1,F&S,FIN10

Brief Job Description

The Texas Health and Human Services Commission (HHSC) Medicaid CHIP Services (MCS) division seeks a highly qualified candidate to fill the position of Lead Financial Analyst (Financial Analyst IV). MCS is driven by its mission to deliver quality, cost-effective services to Texans. This position makes a significant contribution to MCS’s mission by assisting in the review, analysis, and evaluation of complex financial data.

This position performs highly advanced (senior-level) financial analysis work involving reviewing and analyzing Managed Care Organization (MCO), Dental Maintenance Organization (DMO) and Medicare-Medicaid Plan (MMP) self-reported financial data; preparing reports and responding to inquiries; and recommending appropriate action to resolve complex financial issues. The Lead Financial Analyst will not have direct reports, but will serve in a lead capacity by planning, assigning, and supervising the work of one or more Financial Reporting Team staff. The Lead Financial Analyst works under minimal supervision, with extensive latitude for the use of initiative and independent judgment.

This position utilizes highly advanced institutional knowledge of Medicaid and experience in the unique complexities of Medicaid/CHIP to effectively carry out financial analysis work.

The Lead Financial Analyst thrives in an environment that emphasizes teamwork to achieve goals, excellence through high professional standards and personal accountability, curiosity to continuously grow and learn, critical thinking for effective execution, and integrity.

This position is part of the Financial Reporting and Audit Coordination (FRAC) within HHSC MCS Division and reports to the Director of Financial Reporting.

Essential Job Functions

• Works collaboratively across MCS to identify innovative and effective solutions for clients and staff.

• [65%] – Oversees and assists financial reporting team staff in the completion of tasks and inquiries related to the FSR (Financial Statistical Report) Life Cycle: FSR Review, FSR Reconciliation, Experience Rebate Calculation, Experience Rebate Allocation

• [15%] – Oversees and assists financial reporting team staff in the completion of tasks and inquiries related to the analysis and review of Other Financial Deliverables: Claims Lag Reports, Annual Financial Deliverables, Ad Hoc Financial Deliverables, etc.

• [10%] – Oversees and assists financial reporting team staff in the completion of tasks and inquiries related to the analysis and review of Material Subcontracts: Financial Impact Assessments for Managed Care Contracts and Oversight and Cost Data extraction for use in FSR Recons.

• [10%] – Oversees and assists financial reporting team staff in the completion of tasks and inquiries related to any special requests or questions the financial reporting team may receive: Open Records Requests, HHS Internal Requests, HHS External Requests, MCO Questions.

Registrations, Licensure Requirements or Certifications

N/A

Knowledge, Skills, and Abilities

Knowledge of:

• Financial analyses and examination procedures related to managed care entities, of financial and industry terminology and practices, and of statistical analysis.

Skill in:

• Use of a computer and applicable software (Microsoft Excel, etc.), and in data modeling.

Ability to:

• Perform and interpret numerical analyses; to interpret statutes; to analyze and summarize financial and management records for accuracy and conformance to procedures, rules, and regulations; to prepare reports and correspondence regarding findings; to communicate effectively; and to provide guidance to others.

• Oversee the work of others

• Administer financial