Medicaid Financial Specialist (One Year Only) at Fairfax County Public Schools (FCPS)

Required

• Any combination of education and experience equivalent to a bachelor's degree in finance, accounting, business administration, or related field.
• One (1) year of experience in fiscal or budget management.
  • Advanced degree(s) beyond the minimum degree requirement in a relevant field may be considered for some experience.
• Knowledge of the theory, methods, principles, and practices of accounting, including generally accepted accounting principles and financial accounts management.
• Proficiency in the use of technology and data compilation, analysis, and reporting.
• Ability to manage assigned funds and prepare appropriate financial reporting.
• Ability to analyze, evaluate, and interpret financial data and provide sound fiscal recommendations.
• Ability to effectively use automated financial systems.
• Ability to resolve problems.
• Ability to communicate effectively, both orally and in writing.

Preferred

• Previous Medicaid billing work experience.
• Knowledge of Federal and State Medicaid Program and/or grant regulations.

1. Performs all financial duties related to administrative claiming and cost reporting for federal and state reimbursements; billing reconciliation; budgeting; procurement; financial reporting; and maintenance of financial records needed for federal and state audits of financial reimbursements.
2. Maintains the financial accounts used for reimbursements and expenditures incurred.
3. Provides the reconciliation of monthly financial reports and recommends necessary budget adjustments to meet operating needs.
4. Maintains proper documentation in accordance with grant requirements, audit requirements, and FCPS and federal Medicaid program policies and regulations.
5. Leads in the preparation of annual operating budget documents in compliance with policy rules and regulations.
6. Performs data analysis for trends and areas of opportunity to increase reimbursements.
7. Assists with oversight and maintenance of billing and reimbursement processes, and staff training.
8. Conducts internal and external research and review of finance, budgeting and/or procurement matters impacting the Medicaid program.
9. Provides technical advice and assistance in financial matters to staff.
10. Develops and prepares reports, charts, and graphs, as required.
11. Assists with the expansion of the program to include additional Medicaid-eligible services.
12. Performs other related duties as required or assigned.