Financial Reporting Director directs and oversees the preparation and distribution of all periodic financial statements for external use. Ensures that reports, filings and documentation complies with company's regulations, professional standards, and SEC and GAAP reporting guidelines. Being a Financial Reporting Director confirms that entries, transactions, and accounts are accurately and properly consolidated and are included in internal and external financial statements. Advises management of trends and changes in reporting requirements and recommends best approach for any changes in reporting. Additionally, Financial Reporting Director may serve as a liaison with or oversee the work of external auditors. May direct the preparation of materials for board or shareholders. Requires a bachelor's degree of Accounting or Finance. Typically reports to top management. The Financial Reporting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Financial Reporting Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Deputy Section Manager Federal Financial Reporting (WMS2/FS)
71029226
The mission of the Financial Service Division (FSD) is to support and assist in meeting the diverse needs of individuals and families by facilitation of sound management of its fiscal resources. A few ways the Deputy Section Manager of the Federal Financial Reporting Section directly supports the mission is by monitoring federal award spending and revenues, providing fiscal support to internal and external stakeholders, and ensuring the accuracy of federal financial reporting data.
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.
About the division:
Health Care Authority’s Financial Services Division (FSD), in collaboration with other HCA divisions and a variety of external stakeholders and legislative partners, provides strategic financial expertise for Apple Health, Community Behavioral Health (CBH), PEBB and SEBB programs. In addition, FSD oversees the budget and compliance functions necessary to manage and monitor a $14.5 billion annual 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 programs, 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 Federal Financial Reporting Section is responsible for the preparation and submittal of federal reports pertaining to Medicaid, CHIP, and the Mental Health and Substance Abuse block and discretionary grants. Additionally, this section oversees the agency cost allocation system and development of the cost allocation plan, manages the financial components of the Advanced Planning Document (APD) process, and coordinates with accounting and audit to ensure HCA complies with audits and reviews and resolves issues related to deferrals and disallowances.
The Deputy Section Manager Federal Financial Reporting (WMS2) of Federal Financial Reporting oversees the two (2) functional units within the section:
• Behavioral Health Grants Unit
• Federal Claims Unit
This position is responsible for cultivating and maintaining collaborative relationships as well as coordinating with the Department of Social and Health Services (DSHS), the Department of Children, Youth, and Families (DCYF), the Office of Financial Management (OFM), as well as other governmental entities to ensure compliance with federal and state policies, rules and regulations. This includes having the delegated responsibility, latitude, and discretion when performing the analysis, monitoring, and reconciliation activities required for Title XIX Medicaid funds, Title XXI Children's Health Insurance Program (CHIP), the Mental Health Block Grant (MHBG), Substance Abuse Block Grant (SABG), and all other behavioral health related discretionary grants. Further, this position is responsible for the development, maintenance, and submittal of federal financial reports pertaining to these funding sources.
This position is eligible to telework but is occasionally required to report on-site to meet business needs. 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. Frequency of onsite work will vary based on business and operational needs. HCA may choose, but is not required, to support out-of-state telework on a case-by-case basis.
Some of what you will do:
Required qualifications:
AND
Note: Years of experience can substitute for a degree on a year for year basis.
Required Competencies:
Preferred Qualifications:
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. To apply for this position, you will need to complete your profile which includes three professional references and attach:
To take advantage of veteran preference, please do the following:
About HCA:
The Washington State Health Care Authority (HCA) is committed to whole-person care, integrating physical health and behavioral health services for better results and healthier residents.
HCA purchases health care for more than 2.5 million Washington residents through Apple Health (Medicaid), the Public Employees Benefits Board (PEBB) Program, and the School Employees Benefits Board (SEBB) Program. As the largest health care purchaser in the state, we lead the effort to transform health care, helping ensure Washington residents have access to better health and better care at a lower cost.
What we have to offer:
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 HCA’s mission. Our diversity and inclusion efforts include embracing different cultures, backgrounds and viewpoints while fostering growth and advancement in the workplace. Women, racial and ethnic minorities, persons of disability, persons over 40 years of age, disabled and Vietnam era veterans, as well as people of all sexual orientations and gender identities are encouraged to apply. Persons with disabilities needing assistance in the application process, or those needing this job announcement in an alternative format may contact Angel Matthews at Angel.Matthews@HCA.WA.GOV.
The Washington State Health Care Authority (HCA) is an E-Verify employer. All applicants with a legal right to work in the United States are encouraged to apply.
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