Financial Reporting Manager
Address: Division of Business and Finance (DBF)
150 N. 18th Ave., Phoenix, Az 85007
Must Reside in Arizona.
Salary: $89,000 - $95,000
Grade: 24
FLSA Status: Exempt
Closing Date: Open Until Filled
This position may offer the ability to work remotely, within Arizona, based upon the agency’s business needs and continual meeting of expected performance measures.
A career in public service awaits you. COME JOIN OUR TEAM!
A great benefit of working for the State of Arizona is a fantastic work/life balance. State employees enjoy challenging work, popular remote work options, comprehensive health and wellness benefits, and career growth opportunities. The State of Arizona ranks #30 in Healthiest 100 Workplaces in America! This recognition honors organizations that champion employee wellbeing through innovative health programs, inclusive wellness initiatives, and a culture rooted in care.
The Division of Business and Finance (DBF) is looking for a highly motivated individual to join our team as a Financial Reporting Manager. This position is responsible for implementing the Targeted Investments health care provider incentive payment program, with an emphasis on determination of appropriate distribution of funds, oversight and monitoring of expenditures, and financial reporting to provide decision support to executive management.
This is a time limited position that is reliant on the current TI Waiver funding prior approved by CMS. Current funding for Tl is approved through September 30,
2027. This position is not guaranteed to be filled after September 30, 2027.
This position may offer the ability to work remotely, within Arizona, based upon the department's business needs and continual meeting of expected performance measures.
The State of Arizona strives for a work culture that affords employees flexibility, autonomy, and trust. Across our many agencies, boards, and commissions, many State employees participate in the State’s Remote Work Program and are able to work remotely in their homes, in offices, and in hoteling spaces. All work, including remote work, should be performed within Arizona unless an exception is properly authorized in advance.
What You'll Do:
Major duties and responsibilities include, but are not limited to:
• Determine provider Targeted Investment payment amounts by evaluating performance metric attainment and determining whether providers meet program requirements. Oversee financial and data analyses, determine allocation of funds, authorize and track payments, conduct prepayment audits, produce financial reports for management. Develop and oversee program operations and workflow.
• Provide supervision, mentoring, and coaching of staff who are doing data manipulation and analysis needed to determine Targeted Investment payments. Facilitate regular 1:1s, team huddles, and other communication modalities with supervised staff. Complete performance appraisals, authorize leave, and approve ETE Timecards.
• Supervise consultants, which includes procuring for, selecting, providing guidance to, communicating with, providing quality control to, and transferring work product both to and from the contracted consulting service.
• Oversee development and maintenance of program-related systems, which includes collaborating with cross functional areas to achieve program goals.
• Conduct program education, training, customer assistance, and issue resolution.
| Knowledge, Skills & Abilities (KSAs): |
Knowledge of:
• Financial/fiscal data analysis methods
• Statistical analysis and research methodology
• Medicare and Medicaid payment regulations, and state and federal laws relating to the AHCCCS program
• Financial reporting, auditing and financial analysis
• Healthcare industry coding standards
• Medical terminology
• Healthcare measurement methodology such as, utilization measurement
• Working use of mainframe systems, such as TSO and CICS environments
• AHCCCS mainframe databases, including claims and encounters, recipient files, provider files and reference tables
• PC and mainframe computer system applications, and operations within the context of healthcare industry usage
• Managed care payment principles
• AHCCCS and managed care service delivery systems, including the various types of services provided/required, service provider types and specialties incorporated into the AHCCCS programs along with the types of services provided
• Management theories and techniques, supervisory skills, staff motivation techniques, and performance evaluation and measurement
Skill in:
• Financial statement review
• Auditing
• Analysis, research techniques and problem-solving skills to resolve operational problems and improve systems related to rate-setting
• Internet research skills to track rate-setting issues, methodology updates, and federal requirements
• Application of data analysis skills to extract and report service utilization from claims and encounter service data, and to use utilization data to analyze fiscal impacts of rate payment scenarios
• Personal and mainframe computer systems and application software skills, such as, spreadsheet, word processing, financial/ accounting, database, and/or graphics software
• Project management skills, including the development of project objectives, task analysis and work plans
Ability to:
• Analyze, summarize, interpret, understand, and report data
• Analyze and synthesize financial and/or managerial data and complex payment issues
• Query mainframe (CICS and TSO environments) and personal computer databases
• Specify system service requirements, communicate and work with information systems staff to create o revise data extracts, upload and download of data files, production and ad hoc reports, rate system updates. Enhance and update the AHCCCS fee schedule web site
• Work and communicate with a broad spectrum of professionals internally and externally, and to effectively present information both orally and in writing
• Write technical/analytical reports and work independently or as part of a team
Minimum Qualification:
• Bachelor’s degree in finance, economics, statistics, health care management, or related field and combination of four years experience with financial analysis and/or capitation rate setting (OR equivalent experience).
Preferred Qualification:
• Experience with Medicaid managed health care preferred.
| Pre-Employment Requirements: |
• Successfully pass fingerprint background check, prior employment verifications and reference checks; employment is contingent upon completion of the above-mentioned process and the agency’s ability to reasonably accommodate any restrictions.
• Travel may be required for State business. Employees who drive on state business must complete any required driver training (see Arizona Administrative Code R2-10-207.12.)
If this position requires driving or the use of a vehicle as an essential function of the job to conduct State business, then the following requirements apply: Driver’s License Requirements.
All newly hired State employees are subject to and must successfully complete the Electronic Employment Eligibility Verification Program (E-Verify).
Among the many benefits of a career with the State of Arizona, there are:
• 10 paid holidays per year
• Paid Vacation and Sick time off (13 and 12 days per year respectively) - start earning it your 1st day (prorated for part-time employees)
• Paid Parental Leave-Up to 12 weeks per year paid leave for newborn or newly-placed foster/adopted child. Learn more about the Paid Parental Leave pilot program here.
• Other Leaves - Bereavement, civic duty, and military.
• A top-ranked retirement program with lifetime pension benefits
• A robust and affordable insurance plan, including medical, dental, life, and disability insurance
• Participation eligibility in the Public Service Loan Forgiveness Program (must meet qualifications)
• RideShare and Public Transit Subsidy
• A variety of learning and career development opportunities
By providing the option of a full-time or part-time remote work schedule, employees enjoy improved work/life balance, report higher job satisfaction, and are more productive. Remote work is a management option and not an employee entitlement or right. An agency may terminate a remote work agreement at its discretion.
Learn more about the Paid Parental Leave pilot program here. For a complete list of benefits provided by The State of Arizona, please visit our benefits page
Lifetime Pension Benefit Program
• Administered through the Arizona State Retirement System (ASRS)
• Defined benefit plan that provides for life-long income upon retirement.
• Required participation for Long-Term Disability (LTD) and ASRS Retirement plan.
• Pre-taxed payroll contributions begin after a 27-week waiting period (prior contributions may waive the waiting period).
Deferred Retirement Compensation Program
• Voluntary participation.
• Program administered through Nationwide.
• Tax-deferred retirement investments through payroll deductions.
Persons with a disability may request a reasonable accommodation such as a sign language interpreter or an alternative format by emailing careers@azahcccs.gov.
Requests should be made as early as possible to allow time to arrange the accommodation. The State of Arizona is an Equal Opportunity/Reasonable Accommodation Employer.