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Financial Analyst III

2 months ago

Salt Lake County, United States Utah Department of Human Services Full time

Job Description


Do you have a degree in Accounting,Finance or other related fields? The Utah Department of Health and Human Services seeks you as a Financial Analyst III to monitor daily accounting activities for the division and complete FINET transactions in accordance with State policies. To be successful in this role you need to be able to interpret federal regulation in relation to Medicaid guidelines. You are also expected to monitor compliance to State Purchasing, State Finance, and Department procurement and disbursement guidelines.

Principal Duties 
The accounting tasks you will be responsible for are:

Ensuring compliance with federal and state laws, regulations, and department rules, policies, standards and practices. Reviewing payment coding to ensure compliance with the Cost Allocation Plan. Reconciling financial statements and reports. Analyzing, summarizing, and reviewing data and interpreting results. Reporting findings and making recommendations. Researching and reviewing financial records, transactions, and documentation. Review, audit, and process disbursements in FINET. Reconcile Fund accounts. Processing journal entries and allocations. Process computer and software purchases Conduct fixed asset inventory Process denied claims
  The Ideal Candidate Has a Bachelor's degree in Accounting, Finance and other related fields of study.  Can evaluate and implement process improvements. Can effectively communicate in writing and verbally. Can work with people in a manner that shows sensitivity, tact, and professionalism.

  Preference
 May be given to applicants with a Master's degree in Accounting or Finance.
 
  Why You Should Join Our Team
This is an opportunity to make a difference. Along with the satisfaction of ensuring the federal funds are reported accurately you will receive great health and retirement benefits, such as, generous paid time off so you can have a positive work life balance.
 
  The Agency
The Department of Health and Human Services is dedicated to provide care for individuals and families in Utah. Utah Division of Services for People with Disabilities (DSPD) promotes opportunities and provides support for people with disabilities to lead self-determined lives by overseeing home and community-based services for more than 5,000 people who have disabilities.

Qualifications

(includes knowledge, skills, and abilities required upon entry into position and trainable after entry into position)

The ability to listen to and understand information and ideas presented through spoken words and sentences. The ability to read and understand information and ideas presented in writing. The ability to communicate information and ideas in speaking so others will understand. The ability to communicate information and ideas in writing so others will understand. The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity). The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem. The ability to apply general rules to specific problems to produce answers that make sense. The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events). The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations). The ability to generate or use different sets of rules for combining or grouping things in different ways. The ability to choose the right mathematical methods or formulas to solve a problem. The ability to add, subtract, multiply, or divide quickly and correctly. The ability to identify or detect a known pattern (a figure, object, word, or sound) that is hidden in other distracting material. The ability to concentrate on a task over a period of time without being distracted. The ability to see details at close range (within a few feet of the observer). The ability to identify and understand the speech of another person. The ability to speak clearly so others can understand you. Understanding written sentences and paragraphs in work related documents. Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times. Communicating effectively in writing as appropriate for the needs of the audience. Talking to others to convey information effectively. Using mathematics to solve problems. Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems. Understanding the implications of new information for both current and future problem-solving and decision-making. Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action. Being aware of others' reactions and understanding why they react as they do. Persuading others to change their minds or behavior. Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions. Considering the relative costs and benefits of potential actions to choose the most appropriate one. Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes. Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system. Managing one's own time and the time of others. Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources. Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data. Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction. Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications. Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar. Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

Supplemental Information

Risks found in the typical office setting, which is adequately lighted, heated and ventilated, e.g., safe use of office equipment, avoiding trips and falls, observing fire regulations, etc. Typically, the employee may sit comfortably to perform the work; however, there may be some walking; standing; bending; carrying light items; driving an automobile, etc. Special physical demands are not required to perform the work. Even though this is a Flexible/Hybrid position, currently this position will be working in the office, and within the next few months will then return to hybrid.