Financial Analyst IV

1 month ago

Austin, United States Texas Department of Aging & Disability Services Full time
Job Description:
The Compliance and Quality Control (CQC) division has an opening for a Financial Analyst IV. The position will serve as a financial analyst within the Solicitation Review Unit of CQC and will report to the Director of Solicitation Review. This position may be eligible for telework. The posted salary range reflects the minimum and maximum salary available based on the division’s budgeted funds. Any salary offer will be commensurate with the qualifications and experience of the individual but will be within the posted range.

The financial analyst in the Solicitation Review Unit is responsible for the analysis, review, and validation of the Health and Human Services evaluation scoring tool and its application in the selection and award of procurements. This position performs advanced financial analysis work, including reviewing, testing, evaluating, and validating procurement tools, records, and awards.

Develops evaluation tools and processes. Prepares reports and responds to inquiries. Collaborates with procurement staff to facilitate evaluation training, solicitation evaluations, and evaluation outlier meetings. Reviews and validates evaluation documents; reviews, analyzes, and evaluates financial data; and conducts objective cost evaluations. Recommends and approves appropriate action to resolve evaluation problems, with particular emphasis on problems tied to financial documents; reviews/approves the work of procurement, program, and legal staff related to the evaluation process and cost proposals of complex solicitations. Exercises sound judgment in making critical decisions and identifies the need for and uses appropriate intervention measures; escalates issues to management as needed. Interprets state and federal laws, rules, and regulations related to procurement and evaluation activities and ensures all procurement- and contract-related tasks are performed with the highest level of accuracy and in accordance with applicable statutes, regulations, and HHSC policies and standards. Maintains effective working relationships with agency stakeholders. May supervise the work of others or serve as a team lead, as assigned. Works under minimal supervision, with extensive latitude for the use of initiative and independent judgment.
Essential Job Functions:
EJF1. Develops evaluation tools and related documents for complex solicitations and work orders; ensures evaluation criteria and weights are appropriate and formulas are correct; and ensures the evaluation tool is secure and appropriate fields are protected. Reviews evaluation criteria and associated weights to determine if they are relevant to determine best value for evaluating a solicitation and provides associated assistance to purchasing staff and program areas. Reviews solicitation requirements to ensure that evaluation criteria and subcriteria are sufficient to score the response and assists with identifying additional or alternate criteria and subcriteria when needed; assists with identifying criteria to be scored versus information that is to be used for initial screening or for final award determinations; and ensures cost proposal exhibits align with the scored cost evaluation criteria. (40%)

EJF2. Conducts objective cost evaluations for complex procurements. Reviews evaluation standard deviation calculations and confirms identification of outliers. Assists purchasing staff with the evaluation outlier process including attending outlier meetings. Validates final scoring for work orders and complex procurement evaluations and provides backup documentation to purchasing staff for the procurement file. (40%)

EJF3. Attends purchasing meetings and assists purchasing staff with evaluator training. Answers questions about the evaluation tool and process. (15%)

EJF 4. Reviews procurement and contracting policies related to the evaluation process and makes recommendations for improvements to complex solicitation evaluation processes and the development and use of evaluation tools, including ensuring proper control and utilization of evaluation tools. Reviews and provides input on all operating procedures that include the use of an evaluation tool except those operating procedures related to evaluation tools used for price-only bids. Serves/participates on agency committees and work groups involving Procurement and Contracting Services and Compliance and Quality Control concerning procurement- and contract-related processes, including the development and implementation of effective evaluation processes, tools, and systems. (5%)
Knowledge Skills Abilities:
Knowledge of local, state, and federal laws and regulations relevant to procurement and contracting preferred.

Knowledge of principles and practices related to public administration and management preferred.

Knowledge and experience with large procurements and complex contracts preferred.

Knowledge of financial analyses and examination procedures, financial and industry terminology and practices, and statistical analysis preferred.

Advanced skill in the development and use of MicroSoft Excel spreadsheets, including knowledge and experience in the use of formulas and multi-tab spreadsheets preferred.

Skill in writing and analysis; in using reasoning and logic; and in identifying and solving complex problems.

Skill in composing clear and concise reports and/or correspondence.

Skill in the use of a computer and applicable software, and in data modeling.

Ability to administer financial processes and systems.

Ability to perform and interpret numerical analyses.

Ability to interpret statutes, rules, policies, and procedures.

Ability to analyze, evaluate, and summarize financial and management records for accuracy and conformance to procedures, rules, and solicitation requirements.

Ability to prepare reports and correspondence regarding findings.

Ability to develop and evaluate policies and procedures.

Ability to identify problems, evaluate alternatives, and implement effective solutions.

Ability to effectively manage multiple and competing priorities.

Ability to communicate effectively, to work with cross-functional teams, and to supervise the work of others.

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