SENIOR FISCAL ANALYST

Under the general supervision of the Vice President of Finance, the Senior Fiscal Analyst is responsible for monitoring, reviewing, and analyzing all financial activities, preparing and monitoring provider budgets, and supporting development of provider payment methods and policies with analytics and resulting recommendations. 

PRINCIPAL DUTIES AND RESPONSIBILITIES:

• Analyzes and evaluates financial and statistical data.
• Prepares and presents financial and statistical information.
• Makes recommendations and reports on department, division, or fund expenditures and revenues.
• Assists with budget or financial statement preparation and ensures compliance with governmental reporting regulations.
• Identifies trends, support payment policy decisions, and support continuous improvement initiatives.
• Initiates and manages complex projects involving multiple departments.
• Oversees the control of major groupings of funds, budget units, or revenue and expenditure accounts.
• Performs independent analysis and evaluation of financial records to ensure accuracy.
• Interprets financial guidelines to ensure that fiscal operations are in compliance with said guidelines.
• Evaluates accuracy and completeness of financial records and data.
• Analyzes and evaluates revenues or expenditures of a department, program, fund or budget unit.
• Participates in the development, modification, implementation, and maintenance of an automated financial tracking and recordkeeping system.
• Works to improve the efficiency of the accounting unit and maintains the integrity of information generated.
• Assists in the research and compilation of information needed to set payment rates.
• Benchmarks current and proposed rates against other payers.
• Makes complex cost distributions, apportions indirect costs, and sets up overhead rates in accordance with established guidelines.
• Researches and addresses complex accounting issues or discrepancies to ensure accurate accounting.
• Reads, interprets, and explains rules, regulations, and policies regarding fiscal programs to ensure compliance with contract terms and accounting procedures.
• Makes financial projections and forecasts.
• Maintains journals and ledgers.
• Prepares financial summaries.
• Prepares analyses and reports.
• Prepares narrative and statistical reports.
• Plans, organizes, schedules, directs, and reviews staff assignments.
• Trains staff on department practices and procedures.
• Communicates with the public and staff to give technical advice and explain financial decisions.
• Maintains working relationships with supervisors, co-workers, and the public.
• Researches the accounting structures, financial guidelines, systems, and procedures of the department(s), fiscal programs, or agencies served.
• Identifies and resolves discrepancies in accounting records.

• Performs related duties as required.

   

KNOWLEDGE, SKILLS AND ABILITIES (KSA'S)

Knowledge of generally accepted accounting principles

Knowledge of fundamental accounting procedures

Knowledge of and familiarity with Microsoft GP (Great Plains).

Knowledge of financial and business intelligence applications, especially Microsoft Excel.

Knowledge of financial analysis: budgets, cost/benefit, trends, exceptions, and cost accounting.

Knowledge of the Michigan Mental Health Code and Balanced Budget Act.

Team Leadership skills.

Accuracy skills.

Analytical skills.

Time Management skills.

Problem Solving skills.

Communication skills.

Critical Thinking skills.

Multitaskin