Financial Analyst II

Job Description

Job Posting Title
Financial Analyst II
Agency
807 HEALTH CARE AUTHORITY
Supervisory Organization
Financial Resources
Job Posting End Date
Refer to the date listed at the top of this posting, if available. Continuous if date is blank.
Note:
Applications will be accepted until 11:59 PM on the day prior to the posting end date above.
Estimated Appointment End Date (Continuous if Blank)
Full/Part-Time
Full time
Job Type
Regular
Compensation
$22.81875/ hour
Why You'll Love Working Here
At the Oklahoma Health Care Authority (OHCA), your work matters. Every day, our team helps ensure Oklahomans have access to better health and better care. Guided by our core values,
Passion for Purpose, Trust & Transparency, Empowerment & Accountability, Best-in-Class, Outcome-Driven, and Servant Leadership
, we foster a workplace where people feel supported, respected, and empowered to make an impact.
Learn more about OHCA.
Let's Talk Benefits
We know your great work deserves great support. Here's a snapshot of what we offer for all eligible employees.
Generous state-paid
benefit allowance
to offset insurance premiums.
A wide selection of
insurance plans
with no pre-existing condition exclusions.
Flexible Spending Accounts
for health care and dependent care.
Retirement Savings Plan
with employer contributions.
11 paid holidays annually.
15 days of vacation and 15 days of sick leave in the first year.
Longevity Bonus recognizing years of public service.
Public Service Loan Forgiveness eligibility and tuition reimbursement.
Wellness benefits, including an on-site gym and fitness center discounts.
Job Description
Location:
4345 N Lincoln Blvd, Oklahoma City, OK 73105
Salary:

$22.81875 / hour
Work Schedule:
Monday - Friday
Primary Hours:
8:00 a.m. - 5:00 p.m.
Agency/Division Information

The Oklahoma Health Care Authority (OHCA)

works to ensure Oklahomans have access to better hea
l
th and better care.

The agency's core values include passion for purpose, trust and transparency,

empowerment

and accountability, best in class and outcome-driven, and servant leadership.

As part of the interview process, candidates may

be required

to attend an in-person interview at our Oklahoma City office.

Position Purpose

The Financial

Analyst II plays a critical role in ensuring the effective

financial management

and administration of Medicaid services within the Oklahoma Health Care Authority. This position

is responsible for

analyzing and resolving complex claims and fund recoveries,

monitoring

financial transactions, and ensuring compliance with state and federal guidelines. By collaborating with internal and external stakeholders,

the Financial

Analyst II contributes to the accuracy, efficiency, and integrity of financial processes, while supporting the agency's mission to provide better health care for Oklahomans. The role requires a strong understanding of agency policies, financial acumen, and attention to detail to

optimize

financial outcomes and uphold the agency's core values of trust, accountability, and servant leadership
.

Princip
al

Activities

May Include
:

Analyze, research, and/or investigate technically difficult claims, adjustments, and fund recoveries related to the delivery of Medicaid or other health services.

Resolve discrepancies on paid claims, credits, adjustments, and fund recoveries.

Identify

and report system discrepancies to lead

worker
.

Attend meetings with agency personnel and other officials.

Initiate contact with claimants, third-party administrators, clients, or other agents to

solicit

information, correct

errors

or omissions on claim forms, and investigate questionable data.

Respond to oral and written inquiries and answer phone calls from medical providers, HMOs, recipients, court and county clerks, attorneys, and third-party administrators on medical-related issues.

Assist

in training providers and others on Finance issues, especially remittance advice statements, submission of claims, and the recoupment process.

Under direction,

initiate

action to process recoupment of funds from a Medicaid or other health provider.

Maintain control of transactions

initiated

which interface with the fiscal agent's computer system. Monitor accuracy of processing and ensure transactions are completed

in accordance with

agency policy and state and federal guidelines.

Prepare and file legal documents for the recovery of funds from third-party payers, including

liens

on estates, probates, and income pensions, and workers compensation documentation.

Arrange for reimbursement to the agency payments made on behalf of a client, which were made erroneously or which should have been paid by a third-party

payor;

e.g.,

Worker's Compensation, health insurance, casualty insurance, Medicare, etc.

Assist

with the monitoring and tracking of unit-based productivity measures through data entry or other routine tasks.

Make recommendations and

assist

in the decision-making process of all MMIS sub-systems.

Other duties as assigned.

Qualifications:

To perform this job successfully, an individual must be able to perform each

essential duty satisfactorily. The requirements listed below are representative of the knowledge,

skill, and/or ability

required
.

Knowledge, Skills, Abilities and Competen
cy Requirements

The Financial Analyst II position requires in-depth knowledge of agency policies, state and federal legislation, and Medicaid financial systems. Strong skills in data analysis, problem-solving, and

financial management

are essential, along with the ability to communicate effectively with stakeholders. The competencies that align with this role include

Ensures Accountability

(
demonstrating

ownership for work quality) and

Financial Acumen

(understanding and applying financial concepts to decision-making).

**To be considered for this position your application must include a resume/CV with complete work and education history.**
Education and/or Experience:

An

Associate's

degree and 18 (eighteen) months of technical administrative or fiscal related work

OR

An equivalent combination of education and experience totaling 3 years and (6) months of experience.

Preference

Qualifications Include
:

Customer service experience

SoonerCare

experience

ICE experience

Experience with Microsoft Word and Excel

Physical Demands and Work Environment

Work is typically performed in an office setting with climate-controlled settings and exposure to moderate noise levels.

In the course of

performing job duties, employees

are required to

speak, stand, walk, and reach with their hands and arms. This position requires extended periods of sitting and daily use of computers and phones. Employees must be willing to complete all job-related travel associated with this position. Being present at the office is an essential function of this position.

Accommodation Statement

The Oklahoma Health Care Authority

complies with

applicable State and Federal civil rights laws and does not discriminate.  All qualified applicants will receive consideration for employment without regard to race, color, sex, religion, disability, age, national origin, or genetic information. If

a reasonable

accommodation is needed to

participate

in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Civil Rights Coordinator at 405-522-7335.
Notice to applicants:
Please add
OHCAHR@okhca.org
to the address book or "safe-senders" list in your email. All correspondence will come from this address. Be sure to check your junk folder. If you have questions about the status of your application, you can contact the HR team at 405-522-7093.
Note:
Applications will be accepted until 11:59 PM on the day
prior
to the posting end date above.
Current State of Oklahoma employees
must apply for open positions internally through Workday
Jobs Hub
.
Equal Opportunity Employment
The State of Oklahoma is an equal opportunity employer and does not discriminate on the basis of genetic information, race, religion, color, sex, age, national origin, or disability.
Current active State of Oklahoma employees must apply for open positions internally through the Workday
Jobs Hub
.
If you are needing any extra assistance or have any questions relating to a job you have applied for, please click the link below and find the agency for which you applied for additional information:
Agency Contact