• Job Description

  Req#: 702073
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  MassHealth, the Massachusetts Medicaid agency, is seeking a Financial Analyst to join the budget team. Managing $19B in state and federal funds annually, the team is responsible for monitoring and reporting complex financial and qualitative data for the various programs offered to more than 2 million low-income and disabled members across the state. The successful candidate will utilize strong analytical and communication skills to influence ongoing operational management, policy decision-making, and strategic planning. Working cross-functionally with finance and program staff, the analyst will facilitate collaborative problem-solving and data analysis to produce high quality and timely insight into financial and operational needs. Contributing to the fiscal sustainability of the MassHealth program, this position supports the agency’s mission to improve health outcomes by providing access to integrated services that promote sustainable and equitable health, well-being, independence, and quality of life.

  Duties and Responsibilities (these duties are a general summary and not all inclusive):

  This position reports directly to the MassHealth Finance Manager and indirectly to the MassHealth Budget Director and Chief Financial Officer. The Financial Analyst:

  • Analyzes the fiscal impacts of legislative, regulatory, and policy changes/proposals, using financial models to assess impacts of various scenarios and outcomes, and participates in rate-setting processes for relevant programs.
  • Contributes to development of annual $19B budget recommendation and conducts periodic spending forecasts using historical and projected caseload and utilization data, while also accounting for the financial impact of changes in state and federal policies.
  • Conducts ongoing analysis of MassHealth enrollment, utilization, and spending trends and supports synthetization and presentation of trend findings.
  • Responds to inquiries and requests for information from internal and external stakeholders including other MassHealth units, other state agencies, and public and private entities.

  Preferred Qualifications:

  • Bachelor’s or master’s degree in a related field.
  • Advanced knowledge of Excel and experience analyzing and managing large datasets using Access and/or statistical software such as SQL, Stata, R, or JMP.
  • Proficiency with other MS Office products including Word, PowerPoint, Access, Teams, and Outlook.
  • Attention to detail, thoroughness, independence, and excellent written and verbal communication skills.
  • Strong interpersonal skills and ability to collaborate with others to achieve well-defined goals.
  • Comfort working with deadlines and within tight timelines.
  • Ability to anticipate difficulty and take corrective action.
  • Experience working in healthcare or for a Health Plan or Provider.
  • Passion for public service.
  • Demonstrated ability to embrace diversity as a strategic advantage.
  • Strong analytical, problem-solving, and organizational skills.
  • Demonstrated written and verbal communication skills.
  • Proficiency with Microsoft Office products including Excel and PowerPoint.
  • 2-5 years’ experience working in finance analytical capacity.

  TO APPLY:

  Please upload both Resume and Cover Letter for this position when applying. First consideration will be given to those applicants that apply within the first 14 days.

  About MASSHEALTH:

  MassHealth, the Commonwealth’s Medicaid program, provides health care benefits to certain low and medium-income Massachusetts residents. As an innovative national leader, the Commonwealth’s Medicaid program offers the opportunity to work with state-of-the-art technologies in a cutting-edge, fast-paced, call center environment. Selected applicants will have exceptional customer service, communications, and analytical skills. We offer a unique opportunity to serve, and to make a positive contribution to our members.

  The mission of MassHealth is to improve the health outcomes of our diverse members, their families and their communities by providing access to integrated health care services that sustainably promote health, well-being, independence and quality of life.

  For more information about our agency and programs please visit: www.mass.gov/masshealth

  Pre-Offer Process:

  A criminal background check will be completed on the recommended candidate as required by the regulations set forth by the Executive Office of Health and Human Services prior to the candidate being hired. For more information, please visit http://www.mass.gov/hhs/cori

  Education, licensure and certifications will be verified in accordance with the Human Resources Division’s Hiring Guidelines.

  Education and license/certification information provided by the selected candidate(s) is subject to the Massachusetts Public Records Law and may be published on the Commonwealth’s website.

  If you require assistance with the application/interview process and would like to request an ADA accommodation, please click on the link and complete the Reasonable Accommodation Online Request Form.

  For questions, please the contact the Office of Human Resources at 1-800-510-4122 and select option #2.

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  MINIMUM ENTRANCE REQUIREMENTS:

  Applicants must have at least (A) four (4) years of full-time or, equivalent part-time, professional, professional internship, administrative, supervisory, or managerial experience in financial management work (i.e. budgeting, accounting, auditing, management analysis, program evaluation, financial reporting of program results) or (B) any equivalent combination of the required experience and substitutions below

  Substitutions:

  I. A certificate in a relevant or related field may be substituted for one (1) year of the required experience.

  II. An Associate's degree in a related field may be substituted for one (1) year of the required experience.

  III. A Bachelor's degree in a related field may be substituted for two (2) years of the required experience.

  IV. A Graduate degree in a related field may be substituted for three (3) years of the required experience.

  V. A Doctorate degree in a related field may be substituted for the required experience.

  Comprehensive Benefits

  When you embark on a career with the Commonwealth, you are offered an outstanding suite of employee benefits that add to the overall value of your compensation package. We take pride in providing a work experience that supports you, your loved ones, and your future.

  Want the specifics? Explore our Employee Benefits and Rewards!

  An Equal Opportunity / Affirmative Action Employer. Females, minorities, veterans, and persons with disabilities are strongly encouraged to apply.

  The Commonwealth is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity or expression, sexual orientation, age, disability, national origin, veteran status, or any other basis covered by appropriate law. Research suggests that qualified women, Black, Indigenous, and Persons of Color (BIPOC) may self-select out of opportunities if they don't meet 100% of the job requirements. We encourage individuals who believe they have the skills necessary to thrive to apply for this role.

• About the company

  Official website of the Commonwealth of Massachusetts

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