Portfolio Budget Manager (WMS2/FSD)

This Portfolio Budget Manager manages a Medicaid budget of over $26 billion per biennium. This level of responsibility is ideal for a senior analyst looking to manage large-scale financial portfolios. This role involves creating financial models that shape legislative budgeting, Medicaid insurance rate setting, and policy decisions, allowing the analyst to directly influence how healthcare is delivered in Washington.

All HCA employees will apply an equity lens to their work, which may include but is not limited to all analyses of core business and processes.

About the division:

This position is located within HCA’s Financial Services Division (FSD), which in collaboration with other HCA divisions and a variety of external stakeholders and legislative partners, provides strategic financial expertise for Apple Health, Community Behavioral Health (CBH), PEBB and SEBB programs. In addition, FSD oversees the budget and compliance functions necessary to manage and monitor the single largest Washington State individual operating budget. Functions include budget management, accounting, forecasting, professional and hospital rate setting, financial analysis, and payment/collection operations. This division maintains a close working relationship with agency program, policy, and clinical divisions to ensure financially sound implementation and monitoring of program strategies. It is also accountable to the Governor and legislature in ensuring HCA operates within its budget.

About the position:

The Portfolio Budget Manager reports to the Budget & Analytics Section Manager and has overall responsibility to assist with the agency budget, projections, and budget projects. The position performs budget and program planning analysis for the agency with assistance to different divisions when necessary. This position is responsible for developing and monitoring budgets, requests, allotment processes, fiscal notes, projections, activity inventory, and assuring that processes are completed within Office of Financial Management (OFM) guidelines and meet all budgetary requirements as directed by the Budget & Analytics Section Manager.

In addition, this position is charged with monitoring expenditures against allotment to identify any fiscal issues for HCA management, program managers and stakeholders, and assures the fiscal information reported to OFM, legislature staff, and the federal government is accurate. This position is eligible to part-time telework but is required to report on-site 1-2 days a week to meet business need. The default assigned work location of all Health Care Authority (HCA) positions – both on-site and telework eligible positions – is within the State of Washington. This position reports to Olympia, WA. Frequency of onsite work will vary based on business and operational needs. All agency employees are required to report on-site in Olympia on their first and last days of employment to pick up and return state-issued equipment, regardless of telework status or location.

Duties

Some of what you will do:

• Perform and provide complex analysis and financial modeling for decision packages under consideration by the HCA director, Chief Financial Officer, OFM, and legislature that outline issues with current funding and/or initiate policy proposals to address anticipated future needs.
• Create financial models and determine the fiscal impacts of legislative, policy, or rulemaking proposals put forth by the HCA or state or federal legislative bodies related to Medicaid managed care, including alternative scenarios of appropriate.
• Lead the development of modeling and strategies for sound fiscal projections to ensure adequate funding for agency programs.
• Coordinate with fiscal and programmatic staff internal and external to the HCA to ensure 1) the accuracy of data and information presented in agency biennial and supplemental funding proposals and 2) that budget policy objectives are met while furthering the strategic goals of the HCA.
• Represent the HCA Financial Services Division on interagency policy and data workgroups.
• Communicate and coordinate with external and other internal agency staff, OFM and legislative staff, and others as necessary on development of HCA or interagency proposals and analyses.
• Contribute to the development of the Medicaid per capita forecast; confirm accuracy of forecast output.
• Oversee any necessary adjustments, specialty payments, and journal vouchers (JVs) for Medicaid services.
• Provide technical assistance and contribute to the development of Medicaid managed care rates.
• Work with consulting actuaries to ensure HCA and legislative policy decisions are accurately incorporated into the Medicaid managed care rates and contracts.
• Provide periodic updates to the fiscal sections of the Medicaid managed care contracts.

Qualifications

Required qualifications:

Qualifying candidates will meet one of the following criteria options:

• Option 1: Master’s degree in public administration or related field. One (1) year of professional experience working with large, complex financial systems/information.
• Option 2: Bachelor’s degree in public administration or related field. Three (3) years of professional experience working with large, complex financial systems/information.
• Option 3: Associate degree in public administration or related field. Five (5) years of professional experience working with large, complex financial systems/information.
• Option 4: Seven (7) years of professional experience working with large, complex financial systems/information.

Required competencies:

• The ability to take action to learn and grow.
• The ability to take action to meet the needs of others.

Preferred qualifications:

Analytic & Technical Experience and Skills

• Two (2) or more years of experience querying data through programs such as Power BI – Power Pivot.
• Four (4) or more years of experience in the development of financial modeling.
• Seven (7) years of experience working in the financial field.

Government Experience

• Experience within the State or other government entity is strongly preferred.
• Experience working with the Washington State Agency Financial Reporting System (AFRS) data.
• Experience contributing to decision packages and fiscal notes.
• Knowledge of protocols/processes of the executive/legislative branches of state government.
• Knowledge of Web Intelligence and Enterprise Reporting.
• Experience with the Washington State Agency Budget System (ABS).
• Experience working with the federal government.
• Familiarity with State and Federal laws, rules, and regulations that impact/govern the State’s Medicaid, CHIP, and state funded health programs.

How to apply:

Only candidates who reflect the minimum qualifications on their NEOGOV profile will be considered. Failure to follow the application instructions below may lead to disqualification. To apply for this position, you will need to complete your profile which includes three professional references and attach in separate files:

• A cover letter that specifically addresses how you meet the qualifications for this position.
• Current resume.

To take advantage of veteran preference, please do the following: Attach a copy of your DD214 (Member 4 long-form copy), NGB 22, or USDVA signed verification of service letter. Please black out any PII (personally identifiable information) data such as social security numbers. Include your name as it appears on your application in careers.wa.gov.

Supplemental Information About HCA:

Functioning as both the state's largest health care purchaser and its behavioral health authority, the Washington State Health Care Authority (HCA) is a leader in ensuring Washington residents have the opportunity to be as healthy as possible. There are three pillars of our work: Apple Health (Medicaid); the Public Employees Benefits Board (PEBB) and School Employees Benefits Board (SEBB) programs; and behavioral health and recovery. Under these pillars, HCA purchases health care, including behavioral health treatment for more than 2.7 million Washington residents and provides behavioral health prevention, crisis, and recovery supports to all Washington residents.

What we have to offer:

• Meaningful work with friendly co-workers who care about those we serve.
• Voices of HCA.
• A clear agency mission that drives our work and is person-centered.
• A healthy work/life balance, including alternative/flexible schedules and mobile work options.
• A great total compensation and benefit package.
• A safe, pleasant workplace in a convenient location with restaurants, and shopping nearby. And free parking!

Notes:

Prior to a new hire, a background check including criminal record history will be conducted. Information from the background check will not necessarily preclude employment. HCA is an equal opportunity employer. We value the importance of creating an environment in which all employees can feel respected, included, and empowered to bring unique ideas to the agency. HCA has five employee resource groups (ERGs). ERGs are voluntary, employee-led groups whose aim is to foster a diverse, inclusive workplace aligned with HCA’s mission. Our diversity and inclusion efforts include embracing different cultures, backgrounds and viewpoints while fostering growth and advancement in the workplace. Studies have shown women, racial and ethnic minorities, and persons of disability are less likely to apply for jobs unless they feel they meet every qualification as described in a job description. Persons over 40 years of age, disabled and Vietnam era veterans, as well as people of all sexual orientations and gender identities are also encouraged to apply.

If you have any questions about the required qualifications or how your experience relates to them, please contact us at HCAjobs@hca.wa.gov. Persons with disabilities needing assistance in the application process, or those needing this job announcement in an alternative format may contact Lisa Fleming at (360) 725-1723 or lisa.fleming@hca.wa.gov.

The Washington State Health Care Authority (HCA) is an E-Verify employer. All applicants with a legal right to work in the United States are encouraged to apply. E-Verify® is a registered trademark of the U.S. Department of Homeland Security.

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