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Financial Analyst II

The State of Oklahoma -
Oklahoma County, OK

Apply Now

Job Details

Full-time
$22.82 an hour
13 days ago

Benefits

Paid holidays
On-site gym
Flexible spending account
Tuition reimbursement
Gym membership
Loan forgiveness
Retirement plan

Qualifications

Research
Financial analysis
Financial concepts
Data analytics
Data-driven problem-solving
Healthcare financial management
Medicaid regulations
Medicaid
Legal compliance

Full 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

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 [email protected] 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

Apply Now

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Agency/Division Information

Position Purpose

Princip al Activities May Include :

Knowledge, Skills, Abilities and Competen cy Requirements

Education and/or Experience:

Preference Qualifications Include :

Physical Demands and Work Environment

Accommodation Statement

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