Portfolio Budget Manager (WMS2/FS) - Internal Only

$68,940 - $105,756/Yr

State of Washington - Olympia, WA

Full-time - Mid Level

Remote - Olympia, WA

Executive, Legislative, and Other General Government Support

About the position

The Portfolio Budget Manager (WMS2/FS) position within the Health Care Authority (HCA) is a vital role that oversees the management of the agency's Medicaid and operating budget, which encompasses a variety of funding sources. This position is integral to the Budget Operations Unit within the Financial Services Division (FSD), where the incumbent will play a significant role in influencing the state legislative and budgeting processes, as well as the monthly Medicaid Insurance premium rate setting. The work performed in this role directly impacts healthcare coverage for over 2.5 million residents of Washington State, making it a position of great responsibility and community significance. The Portfolio Budget Manager will report to the Deputy Budget Operations Section Manager and will be tasked with assisting in the agency's budget, projections, and various budget projects. This includes performing budget and program planning analysis, developing and monitoring budgets, managing requests and allotment processes, and ensuring compliance with the Office of Financial Management (OFM) guidelines. The incumbent will also be responsible for monitoring expenditures against allotments to identify any fiscal issues, ensuring that all fiscal information reported to OFM, legislative staff, and the federal government is accurate. In this role, the Portfolio Budget Manager will need to possess in-depth knowledge of the technical methods and tasks assigned, particularly regarding the Medicaid program and its associated federal and state regulations. The position requires a senior analyst level of experience, including management, technical, and quantitative skills, as well as an understanding of public policy development and public budgeting. The ability to manage multiple high-priority assignments concurrently and to provide clear direction and oversight to others involved in the budgeting process is essential. The role also involves collaboration with external agencies and stakeholders, requiring effective communication and coordination skills to ensure accurate data presentation and adherence to budget policy objectives. The position is eligible for telework but may require occasional on-site attendance based on business needs. The default work location is within the State of Washington, with the possibility of out-of-state telework considered on a case-by-case basis.

Responsibilities

• Assist with the agency budget, projections, and budget projects.
• Perform budget and program planning analysis for the agency.
• Develop and monitor budgets, requests, and allotment processes.
• Ensure compliance with Office of Financial Management (OFM) guidelines.
• Monitor expenditures against allotments to identify fiscal issues.
• Ensure accuracy of fiscal information reported to OFM, legislature staff, and the federal government.
• Provide complex analysis and financial modeling for decision packages under consideration by HCA leadership.
• Create financial models to determine fiscal impacts of legislative and policy proposals.
• Lead development of modeling and strategies for fiscal projections.
• Coordinate with fiscal and programmatic staff to ensure accuracy of data in funding proposals.
• Represent FSD on interagency policy and data workgroups.
• Communicate and coordinate with external and internal agency staff, OFM, and legislative bodies.
• Oversee adjustments, specialty payments, and journal vouchers for Medicaid services.
• Provide technical assistance in the development of Medicaid managed care rates.

Requirements

• Bachelor's degree in statistics, science, mathematics, data science, public administration, or related field, or equivalent experience.
• Three years of professional experience working with large, complex financial systems/information, or equivalent experience based on education level.
• Expert/advanced level skill with Microsoft Excel, including complex modeling and data structuring.
• Working knowledge of analytical query protocols/software such as SQL.
• Ability to analyze data and develop problem-solving strategies.
• Effective verbal and written communication skills, with the ability to translate complex information for non-technical audiences.
• Experience communicating with a range of audiences, including government officials and federal auditors.

Nice-to-haves

• Experience within the State or other government entity.
• Two or more years of experience querying data through programs such as Power BI - Power Pivot.
• Four or more years of experience in financial modeling development.
• Seven years of experience in the financial field.
• Experience with Washington State Agency Financial Reporting System data.
• Experience contributing to decision packages and fiscal notes.
• Knowledge of protocols/processes of the executive/legislative branches of state government.
• Knowledge of Provider One System.
• Experience with Washington State Agency Budget System.
• Experience working with the federal government.
• Familiarity with State and Federal laws, rules, and regulations impacting Medicaid and state-funded health programs.

Benefits

• Tuition reimbursement.
• Flexible/Hybrid work options.
• Free parking.
• A healthy work/life balance with alternative/flexible schedules.
• Meaningful work with supportive co-workers.
• Comprehensive total compensation and benefits package.