Financial Audit and Compliance Manager

Dept of Med Assistance Svcs; Richmond (VA); On-site; USD 123,000 - 127,000; Full time

Job summary

Dept of Medical Assistance Services (DMAS) seeks a Financial Audit and Compliance Manager to lead financial audit and compliance activities for Virginia’s Rural Health Transformation Program. The role involves overseeing grant-funded audits, monitoring funds, and ensuring adherence to federal and state requirements.

The position emphasizes collaboration with the Director's Office, internal controls enhancement, and in-office engagements, with a strong focus on governance and reporting accuracy.

Qualifications

• Considerable experience conducting financial audits and compliance reviews.
• Considerable experience preparing federal financial reports.
• Considerable experience of state and federal policies and requirements governing grant expenditures, financial reporting, documentation, and records retention.
• Considerable experience reviewing and analyzing financial transactions.
• Considerable experience working with complex automated accounting systems.
• Experience meeting deadlines.
• Considerable experience engaging with internal/external stakeholders.
• GAAP, auditing standards, and financial management practices.
• Evaluating financial processes and internal controls.

Responsibilities

• Oversee grant-funded financial audits, compliance, and risk for the Rural Health Transformation Program.
• Plan, organize and administer the program’s financial audit and compliance activities.
• Monitor use of grant funds, assess controls, review expenditures, and ensure federal/state compliance.
• Collaborate with DMAS stakeholders and maintain in-office coordination as required.

Skills

Grant accounting

Financial auditing

Compliance reviews

Internal controls

Risk management

GAAP

Federal/state policies

Job description

Title: Financial Audit and Compliance Manager

State Role Title: Financial Services Manager II

Hiring Range: $122,751 - $127,000

Pay Band: 6

Agency: Dept of Med Assistance Svcs

Location: Dept of Medical Asst Services

Agency Website: www.dmas.virginia.gov

Recruitment Type: General Public - G

Job Duties

The Department of Medical Assistance Services (DMAS) is excited to offer a competitive opportunity to serve as a Financial Audit and Compliance Manager. The selected competitive candidate will provide exceptional delivery of services to the Director's Office.

Job responsibilities will include, but are not limited to:

• Under the supervision of the Deputy Director for Rural Health Grant Operations, the Finance Audit and Compliance Manager will apply expertise in financial auditing, compliance, accounting, internal controls, and risk management to provide oversight of grant-funded initiatives within Virginia’s Rural Health Transformation Program, authorized under Public Law 119-21. The Rural Health Transformation Program (RHTP) is a five-year, approximately $1 billion investment of federal grant funds to transform Virginia’s rural health care landscape.
• The incumbent will have senior-level responsibility for planning, organizing, and administering the RHT Program’s financial audit and compliance activities, including monitoring the use of grant funds, assessing financial controls and risks, reviewing financial documentation and expenditures, and ensuring compliance with federal and state requirements.
• This is a restricted position, which is solely funded by the investment of federal grant funds to transform Virginia’s rural health care landscape and improve health outcomes in rural Virginia. Which is a continuous revolving grant. The availability of funding is scheduled for review annually. Continued employment is contingent on the continued availability of funds.
• The business needs of the position have in-office requirements to include but are not limited to attending the in-person training and/or meetings and collaboration with DMAS stakeholders.

Located in beautiful Central Virginia, the Richmond area puts you just 2 hours from the Blue Ridge Mountains, Virginia Beach and Washington DC. To learn more about the Richmond, VA area visit: https://www.virginia.org

The Department of Medical Assistance Services (DMAS) is working to improve the health and well-being of Virginians through access to high quality health care coverage.

DMAS wants talented individuals who can align their experience with the mission of the agency and its core values – service, collaboration, trust, problem solving and adaptability.

At the Department of Medical Assistance Services (DMAS) we encourage and promote that you Come as you are | Become who you want to be | That is our promise

Minimum Qualifications

• Considerable experience conducting financial audits and compliance reviews.
• Considerable experience preparing federal financial reports.
• Considerable experience of state and federal policies and requirements governing grant expenditures, financial reporting, documentation, and records retention.
• Considerable experience reviewing and analyzing financial transactions.
• Considerable experience working with complex automated accounting systems.
• Considerable experience of state and federal policies and requirements governing grant expenditures, financial reporting, documentation, and records retention.
• Experience meeting deadlines.
• Considerable experience engaging with internal/external stakeholders.
• Considerable experience of Generally Accepted Accounting Principles (GAAP), auditing standards, and financial management practices.
• Considerable experience evaluating financial processes and internal controls.

Additional Considerations

There are no additional considerations for this position.

Special Instructions

This is a restricted position, which is solely funded by the investment of federal grant funds to transform Virginia’s rural health care landscape and improve health outcomes in rural Virginia. Which is a continuous revolving grant. The availability of funding is scheduled for review annually. Continued employment is contingent on the continued availability of funds.

The Virginia Department of Medical Assistance Services (DMAS) does not offer employment-based Sponsorship. Selected candidates will have their work authorization completed using the E-Verify Program.

The Department of Medical Assistance Services (DMAS) is an Executive Branch agency that will adhere to all policies and procedures, to include the Commonwealth’s Department of Human Resource Management Policy 1.61 Teleworking. This position could be expected to work in the office as driven by business needs.

Telework arrangements are a privilege and may be rescinded at any time based on performance and/or business need. The agency reserves the right to modify or terminate a telework arrangement, provided that reasonable notice is given to the employee.

This position requires a fingerprint based Criminal History Background Check, Education Checks if applicable, Work History Verification with references.

This position requires the submission of a Statement of Economic Interest (financial disclosure).

The Department of Medical Assistance Services practices fair and equal employment opportunity to all employees and applicants in accordance with applicable laws and regulations. It is our policy to prohibit discrimination on the basis of race, sex, color, national origin, religion, sexual orientation, gender identity, age, veteran status, political affiliation, genetics, or disability in the recruitment, selection, and hiring of its workforce.

In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth's Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly called a Certificate of Disability) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans may also apply via the AHP if they also provide an AHP Letter. To request an AHP Letter, use this link: https://www.dars.virginia.gov/drs/cpid/PWContact.aspx or call DARS at 800-552-5019, or DBVI at 800-622-2155.

From July 1, 2026, through January 21, 2029, applicants who were involuntarily separated from employment with the Federal Government on or after January 1, 2025, due to a reduction in force, budget reduction, or workforce restructuring initiative may be eligible for HB494 Federal Employee Priority Consideration. Applicants seeking HB494 Federal Employee Priority Consideration must identify themselves within the state application process and provide supporting documentation, including a Standard Form 50 (SF-50), verifying their eligibility.

The Department of Medical Assistance Services is a V3 certified state agency that provides hiring preference to veterans and members of the reserves and/or National Guard in support of executive order 29, (2010). If you are a Veteran or Spouse of a Veteran or Active Military Member, DMAS encourages you to apply and respond accordingly on your state application.

In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.

Contact Information

Name: DMAS Talent Acquisition

Phone: 804 - 225 - 4407

Email: [e-mail]

Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.