Financial Manager III

at State of Vermont in Waterbury, Vermont, United States

Job Description

The Agency of Human Services (AHS) Central Office is seeking a Financial Manager to be the subject matter expert on Federal Medicaid and CHIP financial reporting. Both programs affect several departments across the agency. Medicaid spending is over $2 billion/year. This position prepares complex Federal financial expenditure reports in the U.S. Department of Health and Human Services (HHS), Centers for Medicare and Medicaid Services (CMS) Medicaid Budget and Expenditure System (MBES) which are the definitive source documents enabling Vermont to receive in excess of $1 billion annually in Federal Medicaid receipts. Accurate financial reporting and analysis is crucial to ensure that Vermont receives the maximum entitled Federal reimbursement.

Medicaid Financial Reporting and Analysis: Obtain, compile, and analyze complex expenditure data from multiple departments' financial documents for purposes of submitting quarterly Federal expenditure and estimate reports.  The integrity, accuracy and reasonableness of the data are evaluated; trends and anomalies are then identified and investigated with departmental financial managers.

This position is a great opportunity for an experienced finance professional to oversee a critical process for this agency. As a State employee, you'll receive an excellent benefits package which includes a health insurance plan with no deductible and ample paid time off. We are also a qualified employer for the Public Service Student Loan Forgiveness program!

The Financial Manager performs duties such as:

• Medicaid Financial Reporting Management
• Medicaid Financial Reporting Analysis
• Federal Fund Management
• Work with Auditors to ensure complete and "unqualified/unmodified" audit reports are issued
• Ensuring fiscal compliance with GAAP, state and federal rules
• Maintaining considerable knowledge of CMS program and system requirements
• Maintaining considerable knowledge of information systems and computerized financial management information systems
• Communicates effectively with senior professional & technical personnel, accounting personnel, financial directors, and federal agencies
• Environmental Factors

  Work is performed in a standard office setting.