Financial Analyst II

The Texas Department of State Health Services is dedicated to public health and is seeking a Financial Analyst II to support their Public Health Laboratory Division. This role involves performing complex financial analysis and monitoring of projects and procurements, ensuring compliance with financial standards and regulations, and providing recommendations for financial best practices.

Responsibilities

• Perform financial analysis of PHLD procurements and projects, assigning funding source. Drafts, reviews, and/or edits expenditure reports. Compiles the backup documentation supporting the report. Performs the follow-up correspondence associated with the report, and reviews all other written materials prepared by staff related to the financial component as assigned. Reviews procurements and projects for financial completeness; for compliance with financial standards; for uniformity in methods; and for adherence to financial statutes, agency rulings and procedures
• Work also involves the preparation of financial reports containing findings, recommendations, and corrective actions. Responsible for financial and internal management reports. Escalates and coordinates the resolution of financial risks as necessary with senior Fiscal & Procurement Branch staff, PHLD management, and CFO areas. Attends meetings with appropriate staff to inform them of relevant policies and procedures
• Performs highly complex financial monitoring of related projects and procurements that support expenditure forecasts; financial and operational impact; budget and operational impact; performance measures; and project deliverables for PHLD. Work involves the examination, investigation, and review of accounting records, financial statements, management practices, and internal controls to ensure compliance with federal and state laws and/or regulations as well as DSHS policies, regulations, for related projects and procurements. Makes written recommendations for strategies to mitigate financial risks. Facilitates the development of models and analyses to include annual expenditure forecasts and long-term financial plans
• Reviews and provides interpretation on technical questions regarding new legislation and other applicable federal or state laws and regulations as well as department policies and procedures that affect PHLD finances. Provides financial and operational impact analyses of legislative proposals. Serves as technical advisor on financial matters to PHLD management and programs. Recommends and implements changes in the procurement and financial tracking processes
• Participates in special investigations, research studies, and internal audits. Prepare ad hoc reports/analyses as requested by management to assist in quality improvement initiatives as well as reporting purposes
• Performs related work as assigned. Other duties as assigned include but are not limited to actively participating and/or serving in a supporting role to meet the PHLD’s obligations for disaster response and/or recovery or Continuity of Operations (COOP) activation. Such participation may require an alternate shift pattern assignment and/or location

Skills

• Experience in financial analysis and regulatory work
• 1-year experience in Financial Monitoring, Funding/Resource Allocation, Budget, Accounting, Grants, Administration or other financial experience required. Experience and education may be substituted for one another
• Experience in Microsoft Office products
• Advanced skills in Excel and/or other database programs
• Experience in preparing financial reports and correspondence regarding findings
• Graduation from an accredited four-year college or university with major coursework in accounting, business administration, finance, economics, or a related field is generally preferred
• Prefer experience providing consultative/technical assistance to management and staff
• Prefer experience in Financial Systems (PeopleSoft, Oracle, QuickBooks, etc.)
• Prefer experience working independently and exercising judgement in making administrative and technical decisions

Benefits

• Insurance coverage and other benefits available through the State of Texas Group Benefits Plan administered by the Employee Retirement System of Texas (ERS)

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