Financial Director III

State of Vermont

$95K — $115K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or related field with 20 credit hours in accounting and 4 years of relevant experience.
  • Master's degree in accounting, business, or public administration with 3 years of relevant experience.
  • Associate's degree with 7 years of relevant experience in fiscal operations management.
  • High school diploma with 9 years of relevant experience in fiscal operations management.
  • Experience managing large fiscal operations may be preferred.

Responsibilities

  • Oversee complex Medicaid budgeting and forecasting processes.
  • Ensure accurate expenditure reporting and cost allocation for Medicaid programs.
  • Monitor capitation payments and ensure compliance with federal financial regulations.
  • Coordinate with senior leadership and federal partners on Medicaid funding initiatives.
  • Supervise a team of 3 Financial Managers in fiscal operations.

Benefits

  • 80% State paid medical premium and no-cost dental plan for employees and families.
  • 12 paid holidays and a generous leave plan for work/life balance.
  • State Paid Family and Medical Leave Insurance (FMLI).
  • Two retirement savings options: a defined benefit pension and a 457(b) deferred compensation plan.
  • Tuition Reimbursement to support ongoing education and training.
  • Flexible spending accounts for healthcare and childcare expenses.
  • Low-cost group life insurance available for employees.
  • Incentive-based Wellness Program promoting health and well-being.
  • Eligibility for Public Service Student Loan Forgiveness Program.
Full Job Description
Overview

The Agency of Human Services Medicaid Financial Director provides strategic financial oversight of Vermont's Medicaid program, including the Global Commitment to Health Waiver and major Healthcare IT Advanced Planning Documents.

Position responsibilities include:

Complex Medicaid budgeting, forecasting, expenditure reporting, cost allocation, capitation payments, fund monitoring, and federal financial compliance.

Coordination with senior leadership, federal partners, actuaries, and other State agencies on payment methodologies, audits, federal requirements, and initiatives affecting Medicaid funding.

Direct supervision of a team of 3 Financial Managers.

Who May Apply

This position, Financial Director III (Job Requisition #55749), is open to all State employees and external applicants.

Resumes will not be accepted via e-mail. You must apply online to be considered.
Please note that multiple positions in the same work location may be filled from this job posting.

Environmental Factors

Work is performed in a standard office setting.

Minimum Qualifications

Bachelor's degree in accounting or a bachelor's degree in any discipline that includes or is supplemented by 20 credit hours in accounting and four (4) years of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included managing a major fiscal program or operation.

OR

Master's degree in accounting, business or public administration or a related field AND three (3) years of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience including managing a major fiscal program or operation.

OR

Associate's degree AND seven (7) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.

OR

High School diploma AND nine (9) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.

OR

One (1) year or more of experience as a Financial Director II with the State of Vermont.

Note: For some positions preference may be given to applicants with experience managing large fiscal operations.

Special Requirements

For some positions experience working with the VISION system (VISION is the State of Vermont PeopleSoft financial management system) may be required.

Total Compensation

As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including:

  • 80% State paid medical premium and a dental plan at no cost for employees and their families
  • Work/Life balance: 12 paid holidays each year and a generous leave plan
  • State Paid Family and Medical Leave Insurance (FMLI)
  • Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
  • Tuition Reimbursement
  • Flexible spending healthcare and childcare reimbursement accounts
  • Low cost group life insurance
  • Incentive-based Wellness Program
  • Qualified Employer for Public Service Student Loan Forgiveness Program


Want the specifics? Explore the Benefits of State Employment on our website.

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