Lead Financial Analyst

State of North Carolina; Wake Forest (NC); Hybrid; USD 55,000 - 97,000; Full time

Benefits offered by this job

Hybrid work option

Job summary

State of North Carolina's Department of Health and Human Services, Division of Health Benefits, is seeking a Lead Financial Analyst II (NS) to oversee month-end close, reconciliations, and regulatory reporting within the Accounting and Finance team. The role collaborates with leadership to improve processes and ensure financial integrity.

The position supports evolving program needs, develops sustainable process improvements, and mentors staff while delivering accurate financial documentation

Qualifications

• Bachelor's degree in accounting, banking, finance, business administration, economics, or related discipline.
• 1 year of directly related experience or equivalent.
• Experience coordinating month-end close processes is preferred.
• Experience with regulatory, compliance, or audit-related reporting.
• Ability to guide, mentor, or train staff without formal supervisory authority.

Responsibilities

• 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 financial documentation.
• Identify workflow inefficiencies and implement internal controls or process improvements to strengthen financial operations.
• Analyze large financial datasets using Excel or similar tools to support reconciliation and month-end activities.
• Partner with leadership to build clarity, structure, and continuity across complex financial processes.
• Provide guidance and mentoring to staff completing complex financial procedures.

Skills

Month-end close

Process improvement

Excel analytics

Regulatory reporting

Mentoring staff

Cross-functional work

Education

Bachelor's degree

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.

REPOST -Previous Applicants Do Not Need To Reapply In Order To Be Considered For This Vacancy

***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***

The Posting Will Close At 11:59 P.M. The Night Before The End Date

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 Employerthat embraces an Employment First philosophy, which consists of complying with all federallaws, 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.

ADA Accommodations

Consistent with the Americans with Disabilities Act (ADA) and the Pregnant Workers Fairness Act (PWFA), DHHS is committed to the full inclusion of all qualified individuals. As part of this commitment, DHHS will ensure that people with disabilities, or known limitations covered by the PWFA, are provided with reasonable accommodation. If reasonable accommodation is needed to participate in the job application or interview process, please contact the person indicated below.

_CONTACT INFORMATION_

If there are any questions about this posting, please contact Talent Acquisition at [e-mail]. Resumes will not be accepted in lieu of completing this application.

Minimum Education and Experience

Some state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both. See the Education and Experience Equivalency Guide for details.

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.