Financial Analyst I Specialist-\( Entry-Level )-////-100% Full Time

The Financial Analyst I Specialist role provides financial monitoring support for entities contracted to administer DSHS programs. The position reviews accounting and expenditure information, evaluates compliance, and helps develop workpapers and documentation under moderate supervision.

Location and Employment Details

• Location: Andes, NY (onsite)
• Work setting: On the road
• Employment type: 100% Full Time

Compensation

• Salary: USD 4,263 - 5,521 per monthly
• Pay: $4,263.16 - $5,521.16 per month

Education

• Graduation from an accredited four-year college or university

Summary of the Role

The Financial Analyst I performs financial monitoring of contracted entities by examining accounting records, financial statements, expenditure documentation, internal controls, and conducting compliance testing. The role develops financial summaries and workpapers while supporting monitoring activities.

Key Responsibilities

• Conduct financial monitoring reviews of governmental, educational, nonprofit, and for-profit entities contracted to administer Department of State Health Services (DSHS) programs.
• Examine and analyze accounting records, financial statements, expenditure documentation, management practices, and internal controls to evaluate compliance with federal and state laws and regulations, DSHS policies and procedures, and contract provisions.
• Reconcile Financial Status Reports (FSRs) and other submitted financial reports to contractor General Ledgers and supporting accounting records.
• Review independently audited financial statements and other financial information to identify potential compliance concerns and areas requiring further review.
• Perform transaction testing across expenditures, payroll, contractual costs, equipment purchases, matching funds, and other fiscal activities for accuracy, allowability, proper allocation, and compliance.
• Research identified issues, review supporting documentation, analyze relevant information, and gather additional information as needed to complete assigned reviews.
• Develop financial summaries, schedules, analyses, and supporting exhibits to document review results and support findings and recommendations.
• Prepare, organize, and maintain financial review workpapers in accordance with established DSHS and Fiscal Monitoring Unit standards.
• Develop test sheets, review schedules, financial summaries, narratives, and other supporting documentation used throughout the monitoring process.
• Organize, annotate, hyperlink, and maintain electronic review files and supporting documentation within designated monitoring systems.
• Draft narrative explanations of review procedures and results and assist with monitoring reports and related correspondence.
• Ensure workpapers are complete, accurate, well supported, and clearly document procedures performed, evidence reviewed, and conclusions reached.
• Assist with coordinating assigned review activities and support timely completion of financial monitoring reviews.
• Participate in entrance conferences and other review-related meetings, and attend internal team discussions for assigned reviews.
• Assist with gathering requested information, tracking documentation, and completing follow-up activities tied to monitoring reviews.
• Coordinate travel arrangements and related logistics for assigned fieldwork.
• Maintain professional working relationships with contractors, grantees, DSHS staff, and other stakeholders throughout the review process.
• Actively participate and/or serve in a supporting role to meet agency obligations for disaster response and/or recovery or Continuity of Operations (COOP) activation.
• Attend work on a regular and predictable schedule per agency leave policy and perform other duties as assigned.

Required Qualifications

• Graduation from an accredited four-year college or university; experience may substitute for education on a year-for-year basis.
• Experience reviewing, researching, analyzing, reconciling, interpreting, evaluating, or documenting information to support business, financial, programmatic, compliance, investigative, auditing, quality assurance, grant, contract, or other administrative activities.
• Experience using personal computers and Microsoft Office applications, including Word, Excel, and Outlook.
• Experience preparing written reports, summaries, correspondence, case documentation, workpapers, or other professional work products.

Preferred Qualifications

• Experience reviewing, analyzing, reconciling, or interpreting financial records, reports, transactions, or other complex data.
• Experience reviewing accounting records, financial statements, General Ledger activity, invoices, payroll records, expenditure documentation, or other supporting financial documentation.
• Experience with financial monitoring, compliance reviews, auditing, quality assurance reviews, internal controls, grant administration, contract administration, or related oversight activities.
• Experience researching issues, analyzing information from multiple sources, identifying discrepancies, and documenting conclusions.
• Experience preparing reports, workpapers, summaries, findings, recommendations, correspondence, or other professional written work products.
• Experience organizing, maintaining, and managing detailed records, supporting documentation, electronic files, or case management systems.

Technology and Tools

• Microsoft Office
• Microsoft Excel
• Microsoft Word
• Microsoft Outlook
• Personal computers

Benefits

• 401(k)
• Health insurance
• Vision insurance

Additional Information

• May require travel up to 35% to contractor locations throughout Texas for financial monitoring reviews and related activities.
• Ability to travel overnight as necessary, including occasional weekend travel.
• May require in-person work at DSHS Headquarters in Austin, Texas.
• Employees are responsible for maintaining the ability to report to and work in Austin as required.

Certifications

N/A