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Associate Finance Manager

AT The Commonwealth of Massachusetts
The Commonwealth of Massachusetts

Associate Finance Manager

Boston, MA

Job Description

MassHealth, the Massachusetts Medicaid agency, is seeking an Associate Finance Manager to join the Finance team. Managing $19B in state and federal funds annually, the MassHealth Finance 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 manager will facilitate collaborative problem-solving and data analysis to produce high quality and timely insight into financial and operational needs.

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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):

  • Analyze financial data related to Massachusetts healthcare assessments, including tracking of assessment collections, calculation and execution of assessment funded payments and monitoring of trust funds.
  • Provide strategic analytical support and financial analysis/modeling for updates to current healthcare assessments or for the creation of new healthcare assessments.
  • Manage relationships across internal teams (legal, analytics, program integrity) and with external stakeholders (providers, health plans, provider associations, federal partners).
  • Respond to ad hoc inquiries and requests for information from MassHealth leadership and external stakeholders including other MassHealth units, other state agencies, and public entities.
  • Support other finance team activities as needed, including fiscal impacts of legislative changes, reporting on expenditure and enrollment trends, ad-hoc project management.

Preferred Qualifications:

  • Excellent analytical and problem-solving skills.
  • Excellent MS Excel and PowerPoint skills and experience analyzing large datasets using Microsoft Excel.
  • Excellent organizational skills and attention to detail.
  • Ability to solve complicated problems with minimal direction.
  • Ability to lead projects through organizing work, establishing operating relationships, and coordinating the work of others.
  • Ability to analyze and determine the applicability of financial and program data, to draw conclusions, and to make appropriate recommendations.
  • Ability to anticipate difficulty and take corrective action.
  • Strong communication skills.
  • Comfort with working under high pressure and tight time constraint.
  • Strong interpersonal skills.
  • Passion for public service.
  • Experience in healthcare.

About MassHealth:

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 #4

TO APPLY:

Please upload both Resume and Cover Letter for this position when applying.

Qualifications

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.

Salary placement is determined by a combination of factors, including the candidate's years of directly related experience and education, and alignment with our internal compensation structure as set forth by the Human Resources Division's Hiring Guidelines. For all bargaining unit positions (non-management), compensation is subject to the salary provisions outlined in the applicable collective bargaining agreement and will apply to placement within the appropriate salary range.

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.

Client-provided location(s): Boston, MA, USA
Job ID: Commonwealth_of_Massachusetts-24000AJU
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • Mental Health Benefits
  • Parental Benefits

    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Volunteer Time Off
  • Financial and Retirement

    • Pension
    • Financial Counseling
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program