What are the responsibilities and job description for the Cash Management Analyst position at Commonwealth of VA Careers?
Title: Cash Management Analyst
State Role Title: Financial Services Spec I
Hiring Range: $60,672 - $62,871
Pay Band: 4
Agency: Dept of Med Assistance Svcs
Location: Dept of Medical Asst Services
Agency Website: www.dmas.virginia.gov
Recruitment Type: General Public - G
Job Duties
The Department of Medical Assistance Services (DMAS) is excited to offer a competitive opportunity to serve as a Cash Management Analyst. The selected competitive candidate will provide exceptional delivery of services to the agency’s Cash Management Unit within the Fiscal Division.
Job responsibilities will include, but are not limited to:
Reviewing, analyzing and reconciling receipts from third party liability recoveries and other sources to ensure funds are deposited, recorded and posted in accordance with applicable agency, state and federal regulations ensuring funds are appropriately allocated to state/federal sources.
Complete complex reconciliations of lockbox receipts to ensure receipts are appropriately identified and posted to the agency accounting system (Oracle).
Support the processing of refunds due in a timely and efficient manner.
Support the development, update and maintenance of business process documentation of business processes in the Cash Management Unit.
Serves as back up to the Cash Management Supervisor and acts as the Supervisor during his/her absence to ensure the unit’s responsibilities continue uninterrupted and all deadlines are met.
As an employee of DMAS you are entitled to the many comprehensive benefits the Commonwealth has to offer. This includes health benefits, 12 paid holidays, paid leave, flexible work schedules, & retirement plans. For more specific details please visit https://www.dhrm.virginia.gov/employeebenefits
Located in beautiful Central Virginia, the Richmond area puts you just 2 hours from the Blue Ridge Mountains, Virginia Beach and Washington DC. To learn more about the Richmond, VA area visit: https://www.virginia.org/
The Department of Medical Assistance Services (DMAS) is working to improve the health and well-being of Virginians through access to high quality health care coverage.
DMAS wants talented individuals who can align their experience with the mission of the agency and its core values – service, collaboration, trust, problem solving and adaptability.
At the Department of Medical Assistance Services (DMAS) we encourage and promote that you Come as you are | Become who you want to be | That is our promise.
Minimum Qualifications
Competitive candidates will meet these minimum qualifications:
Considerable working knowledge of processing, recording and reporting of agency receipts.
Knowledge of Commonwealth Cash Management policies and procedures.
Experience with Oracle Government Financials or other similar Accounts Receivable systems.
Considerable experience compiling, analyzing and preparing financial reports and statement covering complex financial data.
Ability to independently research, analyze, identify and resolve reporting discrepancies.
Skilled in utilizing personal computer and the Microsoft Office Suite to include Word, Outlook and Excel.
Considerable experience completing complex financial reconciliations, extracting data from multiple sources to ensure all funds are appropriately accounted for in the agency’s financial system as well as the Commonwealth’s Accounting system.
Considerable experience interpreting and applying state and federal laws and regulations.
Experience in meeting deadlines.
Experience interacting with internal/external stakeholders.
Additional Considerations
Competitive candidates will meet these Additional Considerations:
Experience with the Commonwealth’s Accounting and Reporting System (Cardinal).
Experience with the Commonwealth’s Accounting Policies and Procedures (CAPP).
Experience with the Commonwealth’s banking and cash management policies and procedures.
Working knowledge of Medicaid programs and the Financial Operations.
Experience with Commonwealth’s Cash Management Improvement Act agreement (CMIA).
Knowledge of Third-Party Liability Recovery process.
Special Instructions
You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to “Your Application” in your account to check the status of your application for this position.
The Virginia Department of Medical Assistance Services (DMAS) does not offer employment-based Sponsorship. Selected candidates will have their work authorization completed using the E‐Verify Program.
The Department of Medical Assistance Services (DMAS) is an Executive Branch agency that will adhere to all policies and procedures, to include the Commonwealth’s Department of Human Resource Management Policy 1.61 Teleworking.
This position requires a fingerprint based Criminal History Background Check, Education Checks if applicable, Work History Verification with references.
If you wish to apply for a job with the Department of Medical Assistance Services, an application and/or resume for employment must be submitted electronically through this website. Mailed, faxed, emailed, or hand-delivered applications/resumes will not be accepted. Consideration for an interview is based solely on the relevant information presented in the state application and/or resume submitted before the closing date.
Applications and/or resumes should include relevant work history which indicates your qualifications for this position.
The Department of Medical Assistance Services practices fair and equal employment opportunity to all employees and applicants in accordance with applicable laws and regulations. It is our policy to prohibit discrimination on the basis of race, sex, color, national origin, religion, sexual orientation, gender identity, age, veteran status, political affiliation, genetics, or disability in the recruitment, selection, and hiring of its workforce.
In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth's Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly called a Certificate of Disability) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans may also apply via the AHP if they also provide an AHP Letter. To request an AHP Letter, use this link: https://www.dars.virginia.gov/drs/cpid/PWContact.aspx or call DARS at 800-552-5019, or DBVI at 800-622-2155
The Department of Medical Assistance Services is a V3 certified state agency that provides hiring preference to veterans and members of the reserves and/or National Guard in support of executive order 29, (2010). If you are a Veteran or Spouse of a Veteran or Active Military Member, DMAS encourages you to apply and respond accordingly on your state application.
Contact Information
Name: DMAS Talent Acquisition
Phone: 804-225-4407
Email: askhcdtalentacq@dmas.virginia.gov
In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.
Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.
Salary : $60,672 - $62,871
