Financial Director III

State of Vermont; Waterbury (VT); On-site; USD 95,000 - 125,000; Full time

Benefits offered by this job

Medical premium

Dental plan

Paid holidays

FMLI

Pension plan

Tuition reimbursement

457(b) plan

Wellness program

Student loan forgiveness

Job summary

State of Vermont's Agency of Human Services seeks a Financial Director to oversee Medicaid financial operations in a complex, multi‑agency environment from our Waterbury location. The role requires strong budgeting, forecasting, and compliance management for the Global Commitment to Health program.

The position supervises a team of 3 Financial Managers and collaborates with federal partners, actuaries, and state agencies to align payment methodologies and reporting with federal requirements.

Qualifications

• Bachelor's degree in accounting plus four years of professional accounting experience required.
• Experience managing major fiscal programs or operations preferred.
• Background checks as per state policy required.

Responsibilities

• Provide strategic financial oversight of Vermont's Medicaid program.

Skills

Budgeting

Financial oversight

Leadership

Cross-agency collaboration

Education

Bachelor's degree in accounting with 4 years professional accounting experience

Master's degree in accounting or related field with 3 years experience

Associate's degree with 7+ years experience

High School diploma with 9+ years experience

One year as Financial Director II with the State of Vermont

Tools

VISION system

Job description

Overview

The Agency of Human Services Medicaid Financial Director provides strategic financial oversight of Vermont's Medicaid program, including the Global Commitment to Health Waiver and major Healthcare IT Advanced Planning Documents.

Position Responsibilities Include

• Complex Medicaid budgeting, forecasting, expenditure reporting, cost allocation, capitation payments, fund monitoring, and federal financial compliance.
• Coordination with senior leadership, federal partners, actuaries, and other State agencies on payment methodologies, audits, federal requirements, and initiatives affecting Medicaid funding.
• Direct supervision of a team of 3 Financial Managers.

Who May Apply

This position, Financial Director III (Job Requisition #55749), is open to all State employees and external applicants.

If you would like more information about this position, please contact [e-mail].

Please note that multiple positions in the same work location may be filled from this job posting.

AHS BACKGROUND CHECKS

Candidates must pass any level of background investigation applicable to the position. In accordance with AHS Policy 4.02, Hiring Standards, Vermont and/or national criminal record checks, as well as DMV and adult and child abuse registry checks, as appropriate to the position under recruitment, will be conducted on candidates, with the exception of those who are current classified state employees seeking transfer, promotion or demotion into an AHS classified position or are persons exercising re-employment (RIF) rights.

Environmental Factors

Work is performed in a standard office setting.

Minimum Qualifications

• Bachelor's degree in accounting or a bachelor's degree in any discipline that includes or is supplemented by 20 credit hours in accounting and four (4) years of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included managing a major fiscal program or operation.
• Master's degree in accounting, business or public administration or a related field AND three (3) years of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience including managing a major fiscal program or operation.
• Associate's degree AND seven (7) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.
• High School diploma AND nine (9) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.
• One (1) year or more of experience as a Financial Director II with the State of Vermont.

Note: For some positions preference may be given to applicants with experience managing large fiscal operations.

Special Requirements

For some positions experience working with the VISION system (VISION is the State of Vermont PeopleSoft financial management system) may be required.

Total Compensation

As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including:

• 80% State paid medical premium and a dental plan at no cost for employees and their families
• Work/Life balance: 12 paid holidays each year and a generous leave plan
• State Paid Family and Medical Leave Insurance (FMLI)
• Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
• Tuition Reimbursement
• Flexible spending healthcare and childcare reimbursement accounts
• Low cost group life insurance
• Incentive-based Wellness Program
• Qualified Employer for Public Service Student Loan Forgiveness Program

Want the specifics? Explore the Benefits of State Employment on our website.

Equal Opportunity Employer

The State of Vermont celebrates diversity, and is committed to providing an environment of mutual respect and meaningful inclusion that represents a variety of backgrounds, perspectives, and skills. The State does not discriminate in employment on the basis of race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, membership in an employee organization, family medical history or genetic information, or family or parental status. The State's employment decisions are merit-based. Retaliatory adverse employment actions by the State are forbidden.