Financial Analyst II

Texas Health and Human Services; Austin (TX); Hybrid; USD 54,000 - 87,000; Full time

Benefits offered by this job

100% paid employee health insurance

Defined benefit pension

Generous time off benefits

Career advancement opportunities

Job summary

The Financial Analyst II position at Texas Health and Human Services Commission (HHSC) in Austin reports to the Manager of the Provider Finance Department Local Funding Team. Responsibilities include compiling, reviewing, and analyzing highly complex financial data related to Medicaid supplemental and directed payment programs, and preparing reports for stakeholders.

The role requires strong data accuracy, communication with executive leadership, and the ability to develop policies, respond to

Qualifications

• Graduation from an accredited 4-year college or university.
• Experience in financial modeling, forecasting, or provider reimbursement preferred.
• Experience and education may be substituted for one another.
• Prior experience in finance or related position.

Responsibilities

• Designs data collection instruments and manuals to collect financial data.
• Performs complex financial analysis on program data and ensures regulatory compliance.
• Develops and implements financial policies and procedures for the department.
• Communicates with diverse groups and presents to executive leadership; handles inquiries and reporting.
• Other duties as assigned.

Skills

Financial analysis

Data analysis

Accounting principles

Communication to leadership

Education

Accredited 4-year college degree

Experience in financial modeling, forecasting, or provider reimbursement preferred

Education and experience may be substituted

Finance or related experience

Tools

Spreadsheets

Database management

Job description

Date: Sep 17, 2026

Location:

AUSTIN, TX

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: Financial Analyst IIJob Title: Financial Analyst IIAgency: Health & Human Services CommDepartment: HHS Provider Finance M/C AdminPosting Number: 21593Closing Date: 03/18/2027Posting Audience: Internal and ExternalOccupational Category: Business and Financial OperationsSalary Range: $4,801.16 - $7,761.50Pay Frequency: Monthly

Salary Group: TEXAS-B-22Shift: DayAdditional Shift: Days (First)Telework: Eligible for TeleworkTravel: Up to 15%Regular/Temporary: RegularFull Time/Part Time: Full timeFLSA Exempt/Non-Exempt: Exempt

Facility Location:

Job Location City: AUSTIN

Job Location Address: 4601 W GUADALUPE ST

Other Locations:

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

Brief Job Description

The Financial Analyst II position is selected by and responsible to the Manager of the Provider Finance Department Local Funding Team. This position reports statistical and other relevant data in relation to the financing structures where local funding is utilized as the non-federal share of Medicaid supplemental and directed payment programs. The Financial Analyst II is responsible for the communications notifying stakeholders about their annual reporting and assisting with website updates, and accessibility for any documents posted on the website. Work involves compiling, reviewing, analyzing, and evaluating highly complex (senior-level) financial data; preparing reports and responding to inquiries; and recommending appropriate action to resolve financial and regulatory problems. Works under minimal supervision, with extensive latitude for the use of initiative and independent judgment.

The FA II contributes to a variety of internal reports, studies or other deliverables containing analyses of various supplemental payment programs and managed care organization (MCO) data relevant to the understanding of utilization and billing trends. Performs tasks with minimal supervision and with extensive latitude for the use of initiative and independent judgment. Prepares presentations for professional organizations, governmental entities, and the public to be given by executive agency staff, including detailed speaking notes that allow for the communication of complex concepts and findings into understandable narrative for different audiences. Ensures compliance with established procedures, requirements, laws, and regulations; completeness of data; and presence of adequate documentation. Other duties as assigned.

Essential Job Functions (EJF’s)

Attends work on a regular and predictable schedule in accordance with agency leave policy and performs other duties as assigned.

• Designs data collection instruments and detailed instruction manuals to collect financial and other relevant data. Provides technical assistance related to survey completion, policy guidelines and rule requirements. Oversees the development, modification, and maintenance of complex computer programs, spreadsheets and large databases used in the collection, review, and analysis of financial data. (25%)
• Performs complex financial analysis on HHSC program data related to supplemental payment programs, financial examinations and financial analysis to evaluate compliance with state or federal regulations. Provides guidance in the interpretation of data analysis and data research to determine appropriateness of results; ensures that options and recommendations are feasible and adequately address compliance issues. (25%)
• Develops and implements financial policies and procedures internal to the HHSC Provider Finance Department. Creates, evaluates, and may review methodologies; conducts highly complex analyses related to supplemental payment and managed care organizations’ financial programs and reimbursement techniques (25%)
• Interfaces and communicates effectively with diverse groups, including other agency staff, governmental entities, medical/provider associations, workgroups, advisory committees, legislative staff, client advocates, attorneys, state/federal auditors, and interested parties. (20%)
• Other duties as assigned. (5%)

Knowledge Of

Knowledge, Skills, Abilities (KSAs):

• Knowledge of Texas Health and Human Services Commission's programs and functions.
• Knowledge of Medicaid reimbursement principles.
• Knowledge in accounting principles.
• Knowledge of Texas Administrative Code (TAC), HHSC program rules, and federal and state regulations pertaining to Medicaid.

Skill In

• Skill in the development of reimbursement methods and payment rates, formulas, and procedures or complex cost analysis.
• Skill in the design, development, and maintenance of complex computer applications, spreadsheets, and large databases.
• Skill in interpersonal and relationship building, including the ability to collaborate among multiple parties, work with people under pressure, resolve conflicts, and establish and maintain effective working relationships.
• Skill in using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems; and the use of a computer and applicable software.

Ability To

• Ability to develop, evaluate, implement and interpret policies, procedures, and rules.
• Ability to identify problems, evaluate alternatives, and implement creative solutions.
• Ability to analyze complex and detailed accounting and reporting information.
• Ability to exercise independent judgment, set priorities, meet deadlines, and adapt to shifting technical and political developments.
• Ability to communicate effectively and present to executive leadership.

Registrations, License Requirements Or Certifications

N/A

Initial Screening Criteria

Graduation from an accredited 4‑year college or university required. Experience in financial modeling, forecasting, or provider reimbursement preferred. Experience and education may be substituted for one another. Prior experience in finance or related position.

Additional Information

• Hybrid work environment, with a mandatory working twice a week on-site. Policy subject to change.

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Active Duty, Military, Reservists, Guardsmen, And Veterans

Military occupation(s) that relate to the initial selection criteria and registration or licensure requirements for this position may include, but not limited to those listed in this posting. All active‑duty military, reservists, guardsmen, and veterans are encouraged to apply if qualified to fill this position. For more information please see the Texas State Auditor’s Job Descriptions, Military Crosswalk and Military Crosswalk Guide at Texas State Auditor's Office - Job Descriptions.

ADA Accommodations

In compliance with the Americans with Disabilities Act (ADA), HHSC and DSHS agencies will provide reasonable accommodation during the hiring and selection process for qualified individuals with a disability. If you need assistance completing the on‑line application, contact the HHS Employee Service Center at 1-888-894-4747. If you are contacted for an interview and need accommodation to participate in the interview process, please notify the person scheduling the interview.

Pre-Employment Checks And Work Eligibility

Depending on the program area and position requirements, applicants selected for hire may be required to pass background and other due diligence checks.

HHSC uses E-Verify. You must bring your I-9 documentation with you on your first day of work. Download the I-9 Form

Telework Disclaimer

This position may be eligible for telework. Please note, all HHS positions are subject to state and agency telework policies in addition to the discretion of the direct supervisor and business needs.

Nearest Major Market: Austin