Washington State Deputy Chief Financial Officer in Olympia, Washington
Deputy Chief Financial Officer EMS 3 Up to $114,444 Olympia, WA
The Health Care Authority is seeking a leader with strong management skills, health care rate setting and financial operations experience to fill the position of Deputy CFO. If you describe yourself as an engaging, collaborative, and entrepreneurial leader, this opportunity may be for you.
The Ideal Candidate The ideal candidate for this position will have experience in a mid-to-large public or private sector health care organization with a broad understanding of health care financing. The deputy CFO will be joining a high-performance team headed by the CFO that is striving to achieve an exceptional level of customer service with an entrepreneurial approach to financial matters in state government. The deputy CFO must be a self-assured professional with the ability to exercise a high degree of common sense and sound judgment.
Desired personal characteristics include strong communication skills, an engaging personal style, effective decision making, and the ability to present clear recommendations and timely advice to the CFO.
Position Objective The Deputy Chief Financial Officer (DCFO) serves in a key agency leadership position and is responsible for building and maintaining effective working relationships with the legislative and Office of Financial Management partners. And as part of this position, the Deputy Chief Financial Officer provides leadership in the development of financial strategies to manage overall financial trend and serves as a key external spokesperson for HCA as it relates to fiscal strategy and performance. The DCFO directly oversees and is the decision maker for three key financial functions:
- Procurement and rate setting for Medicaid and Public Employees Benefits (PEB).
- Hospital Finance and Drug Rebates.
- Federally Qualified Health Centers/Rural Health Clinics/Employer Sponsored Insurance (ESI). Procurement/Rate Setting With the assistance of contracted actuarial consultants, the Managed Care Rates section produces both the Apple Health Medicaid managed care rates and the rates for PEB that are adopted annually.
Hospital Finance and Drug Rebates The Hospital and Professional Rates section develops and manages payment rate methodologies and rate setting for hospitals and health care providers contracted to provide services to Medicaid clients.
Federally Qualified Health Clinics/Rural Health Clinics (FQHC/RHC)/ESI The FQHC/RHC section oversees the development and maintenance of Medicaid reimbursement and rate setting for FQHCs and RHCs. This section also oversees the administration of the Employer-Sponsored Insurance program, which covers the costs of health insurance premiums, deductibles, and copayments/co-insurance for Medicaid recipients who are enrolled in their employer's health insurance benefits program.
This position directly supervises three section managers and one Administrative Assistant 4 for a total of four employees. There are 39 employees in these sections. This position reports directly to the Chief Financial Officer (CFO) and has delegated authority and responsibility for the division.
About the Health Care Authority The Health Care Authority (HCA) is Washington's largest health care purchaser, responsible for providing comprehensive health coverage to more than 2 million residents through the Public Employees Benefits and Medicaid programs. The agency provides health purchasing leadership, benefiting both public and private sectors with a focus on moving the health delivery system away from volume toward higher value and better outcomes.
The Olympia office is located in downtown Olympia, within walking distance of shops, restaurants, bus lines, and less than one (1) mile from the freeway.
Scope and Impact of this Position HCA's accountability for billions of dollars in Medicaid and PEB program purchasing consistently draws the attention of the Office of Financial Management (OFM), the Office of the State Treasurer (OST), the Office of the Insurance Commissioner (OIC), the State Auditor's Office (SAO), the federal Centers for Medicare and Medicaid Services (CMS), the federal Office of the Investigator General (OIG), and various state Legislative fiscal entities. The Deputy Chief Financial Officer plays a critical part in ensuring financial stewardship of HCA as it administers the state's entire Medicaid and PEB programs.
Functions of this Position In a fast paced environment, this position is responsible for the oversight and communication of all activities related to planning and management of the agency's hospital financing programs, procurement for PEB and Medicaid managed care rates setting, employer-sponsored premium payment programs, payments to Federally Qualified Health Centers (FQHCs) and Rural Health Clinics (RHCs) and the implementation of value based purchasing strategies to manage overall cost trends.
This position plays the pivotal role of leading and carrying out the strategic financial communication and related testimony with legislators and legislative staff. This role requires in depth understanding and involvement in procurement decisions, rate setting and financial performance and be able to represent HCA in these matters.
Qualifications Required Qualifications: Education:
- Bachelor's degree in business, public administration, accounting or related field; AND
- Five years of financial and technical knowledge of health care services purchasing strategies and how they relate to rate setting and benefit procurement for health care.
- Five years of progressive management experience including the oversight and supervision of other managers and operations. Knowledge, Experience, and Ability:
- Significant understanding of rate setting and financial expertise in health care purchasing.
- Knowledge of federal rules, regulation, processes, and procedures required for state and federal governments; Significant experience in, AND supervision over, the execution of such rules, regulations, processes and procedures.
- Knowledge of provisions related to the financial management of public/private employee health care/insurance benefits programs.
- Experience in accomplishing goals by leading staff or workgroups that included individuals over whom there was no formal authority.
- stakeholders/customers, both verbally and in writing.
- Ability to formally present financial information in a clear, brief and accurate manner to diverse audiences.
Experience in effectively communicating financial and quantitative concepts to non-financial decision makers. Preferred/Desired Qualifications:
Master's degree in finance, public administration or related field.
- Health plan insurance rate setting and financial management experience.
- Project Management experience/certification. *Please Note the Following: * Application assessment will be ongoing and the hiring authority reserves the right to offer the position at any time during the recruitment process. It is to the applicant's advantage to apply as early as possible.
How to Apply: Interested candidates can apply by sending their resume, cover letter, and five professional references to Sanyu.Tushabe@hca.wa.gov.
Or by applying directly in the online system at www.careers.wa.gov
If you have questions about the process, or need assistance, please contact the recruiter at 360-725-1180 or email to Sanyu.Tushabe@hca.wa.gov.
**Persons under final consideration for initial appointment with HCA are subject to a background check.
Washington State is an equal opportunity employer. Persons with disabilities needing assistance in the application process, or those needing this job announcement in an alternative format may call the Human Resources Office at 360.725.1180 or emailSanyu.Tushabe@hca.wa.gov.
Job Type: Full Time - Permanent
Job Number: 2016-09790
Department: Health Care Authority
Agency: State of Washington
Address: View Job Posting for Agency Information View Job Posting for Location, Washington, 98504.
Salary: $64,212.00 - $114,444.00 Annually
Location: Thurston County – Olympia, WA