Lead Financial Analyst

Health & Human Services; North Carolina; Hybrid; USD 55,000 - 97,000; Full time

Benefits offered by this job

Hybrid work option

Job summary

The North Carolina Department of Health and Human Services (DHHS) is seeking a Lead Financial Analyst within the Division of Health Benefits. The role focuses on coordinating month-end close, reconciliations, and regulatory reporting to ensure accuracy and compliance across complex financial processes.

Hybrid work option is available. The position requires a bachelor’s degree in accounting/finance and at least 1 year of related experience, with a strong emphasis on data analysis and process

Qualifications

• Bachelor's degree in accounting, banking, finance, business administration, economics, or related discipline with 1 year of directly related experience.
• Experience coordinating month-end close and regulatory reporting in a government or similar environment.
• Ability to analyze large financial datasets and improve financial workflows.

Responsibilities

• Coordinate month‑end close across functional areas for timely financial reporting.
• Execute reconciliations and review data for accuracy and compliance.
• Prepare and deliver regulatory and audit documentation.
• Identify workflow inefficiencies and implement internal controls.

Skills

Month-end close coordination

Regulatory reporting

Data analysis & reconciliation

Internal controls & process improv.

Mentoring staff (non-supervisory)

Education

Bachelor's degree in accounting, finance, business or related

Tools

Excel

Job description

Agency Dept of Health and Human Services Division HEALTH BENEFITS Job Classification Title Financial Analyst II (NS) Position Number 60042594 Grade NC15

About Us

The North Carolina Department of Health and Human Services (DHHS) is one of the largest, most complex agencies in the state, and has approximately 17,000 employees. It is responsible for ensuring the health, safety, and well-being of all North Carolinians, providing human service needs for special populations including individuals who are deaf, blind, developmentally disabled, and mentally ill, and helping poor North Carolinians achieve economic independence.

Description of Work

The Lead Financial Analyst serves as a senior technical resource within the Accounting and Finance team, supporting the coordination and execution of month‑end close, reconciliations, and regulatory reporting activities. The position strengthens financial processes within a dynamic operational environment by promoting accuracy, compliance, and workflow continuity. It partners closely with leadership and team members to improve clarity and structure across complex financial functions. The role requires navigating evolving program needs while developing sustainable process improvements. This position operates within the Finance and Accounting area of the Division of Health Benefits.

Key Duties Include

• Coordinate month‑end close activities across functional areas to ensure timely and accurate financial reporting.
• Execute reconciliation tasks and review financial data to support accuracy, compliance, and operational integrity.
• Support regulatory and audit‑related reporting requirements by preparing, validating, and delivering required financial documentation.
• Identify workflow inefficiencies and implement internal control or process improvements to strengthen financial operations.
• Analyze large financial datasets using Excel or similar tools to support reconciliation and month‑end financial activities.
• Partner with leadership and team members to build clarity, structure, and continuity across complex financial processes.
• Provide guidance, mentoring, and technical support to staff completing complex financial procedures without assuming supervisory authority.
• Assist in the development and refinement of financial workflows that support evolving operational needs and programmatic requirements.
• Contribute to continuous improvement initiatives by evaluating current processes and recommending sustainable enhancements.
• Maintain accuracy and compliance across all assigned financial functions within the Accounting and Finance team.

Knowledge Skills and Abilities/Management Preferences

Salary Grade Range: $55,221.00 - $96,639.00 Recruitment Range: $55,221.00 - $93,186.00

Candidates now meet the minimum qualifications of a position if they meet the minimum education and experience listed on the vacancy announcement. The Knowledge, Skills, and Abilities (KSAs)/ Management Preferences are not required.

Applicants who possess the following skills are preferred:

• Demonstrated experience coordinating or leading month‑end close processes across multiple functional areas, including documented contributions to timely and accurate financial reporting.
• Proven success identifying workflow inefficiencies and implementing internal control or process improvements that strengthen financial operations within a governmental or similar environment.
• Advanced proficiency in financial data analysis and reconciliation, including experience working with large datasets in Excel or comparable analytical tools to support operational accuracy.
• Documented experience supporting regulatory, compliance, or audit‑related reporting requirements through preparation, validation, and delivery of financial documentation.
• Demonstrated ability to guide, mentor, or train staff on complex financial procedures by providing clear technical direction without holding formal supervisory authority.

Internal Posting

This Is An Internal Posting Open Only For Current Employees And Eligible RIF Candidates From North Carolina State Government, Including Current Temporary Employees

Position Funding and Work Arrangement

This Position Is Funded In Part Through Federal Funds

This Position Is Eligible For A Hybrid Work Option

EHRA: Per G.S. 126-5(c1) (37)

This Position Is EXEMPT From All Provisions Of NC General Statute Chapter 126 (State Human Resources Act) With The Exception Of Articles 6 And 7

About the NC Division of Health Benefits

The Division of Health Benefits (DHB) within NCDHHS is committed to advancing innovative solutions that improve health, promote well-being and foster independence for all North Carolinians. DHB manages and oversees North Carolina Medicaid and other programs that provide access to services and supports for parents, children, seniors, people with intellectual / developmental disabilities, and behavioral health, substance use and traumatic brain injury disorders. With a budget over $27 billion in state and federal funds per fiscal year, DHB ensures that more than 108,000 enrolled providers are reimbursed for delivering covered services to 3.1 million beneficiaries. All positions in the Division of Health Benefits are exempt from the State Human Resources Act (G.S. 126) except for the provisions of Articles 6 and 7 per HB 372 Section 20.

Compensation & Benefits

The State of North Carolina offers excellent comprehensive benefits. Employees can participate in health insurance options, standard and supplemental retirement plans, and the NCFlex program (numerous high-quality, low-cost benefits on a pre-tax basis). Employees also receive paid vacation, sick, and community service leave. In addition, paid parental leave is available to eligible employees.

Visit website for State Benefits Supplemental Contact Information: The North Carolina Department of Health and Human Services (DHHS) is an Equal Opportunity Employer that embraces an Employment First philosophy, which consists of complying with all federal laws, state laws, and Executive Orders. We are committed to reviewing requests for reasonable accommodation at any time during the hiring process or while on the job. For more information about DHHS: https://www.ncdhhs.gov/.

DHHS uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position. In accordance with the Governor’s Executive Order 303, our agency supports second‑chance employment for individuals who were previously incarcerated or justice‑involved. We invite all potential applicants to apply for positions for which they may be qualified.

Minimum Education and Experience

Bachelor's degree in accounting, banking, finance, business administration, economics, or related discipline from an accredited institution and 1 year of directly related experience OR An equivalent combination of education and experience.

EEO Statement

The State of North Carolina is an Equal Employment Opportunity Employer and dedicated to providing employees with a work environment free from all forms of unlawful employment discrimination, harassment, or retaliation. The state provides reasonable accommodation to employees and applicants with disabilities; known limitations related to pregnancy, childbirth, or related medical conditions; and for religious beliefs, observances, and practices.