Financial Analyst III

The Texas Department of Family and Protective Services (DFPS) works to build on strengths of families and communities to keep children and vulnerable adults safe, so they thrive. We do this through investigations, services, and referrals.

What You Get Beyond Your Paycheck

When you join the State of Texas, your monthly paycheck is just one part of your real income. Our benefits provide extra value that many private employers simply don’t match - often adding hundreds of dollars each month to what you take home or save.

Here’s what you get as a full-time employee:

• 100% paid health insurance for you, and 50% paid for eligible family members - saving you hundreds every month in out-of-pocket medical costs
• Retirement plans with lifetime monthly payments after five years of state service, plus options to save even more with 401(k) and 457 plans
• Paid vacation, holidays, and sick leave so you can recharge and take care of life outside work (that’s time off you’re actually paid for)
• Optional dental, vision, and life insurance - at rates much lower than most private plans
• Flexible spending accounts for added tax savings on health and dependent care
• Employee discounts on things like gym memberships, electronics, and entertainment

You also might qualify for Public Service Loan Forgiveness, which could help you pay off federal student loans faster.

You can see all the details here: ERS recruitment brochure

Functional Title: Financial Analyst III Job Title: Financial Analyst III Agency: Dept of Family & Protectve Svc Department: CBC Operations Division Posting Number: 23159 Closing Date: 12/13/2026 Posting Audience: Internal and External Occupational Category: Business and Financial Operations Salary Range: $5,425.33 - $8,886.16 Pay Frequency: Monthly Salary Group: TEXAS-B-24 Shift: Day

Additional Shift:

Telework:

Travel:

Regular/Temporary: Regular Full Time/Part Time: Full time FLSA Exempt/Non-Exempt: Exempt

Facility Location:

Job Location City: AUSTIN Job Location Address: 4900 N LAMAR BLVD

Other Locations:

MOS Codes: 3404,3408,8844,36A,70C,36B,65FX,65WX,6F0X1,F&S,FIN10

Brief Description

Performs advanced (senior-level) financial analysis and regulatory work. Work involves administering financial processes and systems; reviewing, analyzing, and evaluating financial data; preparing reports and responding to inquiries; and recommending and approving appropriate action to resolve financial and regulatory problems. May supervise the work of others. Works under minimal supervision, with considerable latitude for the use of initiative and independent judgment

The Financial Analyst III position performs advanced (senior level) fiscal monitoring, and technical assistance work related to the fiscal oversight of Single Source Continuum Contractors (SSCC).

This position has specific responsibility for monitoring the financial aspects of the SSCC contracts. Work involves review and analysis of financial processes and systems, analysis of complex financial information and data, preparing reports and correspondence regarding fiscal monitoring findings, providing technical assistance, and recommending remediation requirements to the SSCCs when applicable.

This position must be able to effectively work with and professionally communicate with multiple professionals; internal to DFPS as well as external partners.

Essential Job Functions

Administers financial processes and systems developed to oversee financial or other regulated entities.

• Develops and administers the overall financial oversight structure for all SSCCs in support of the CBC model
• Develops procedures and tools to support managing and administering the financial aspects of the SSCC performance
• Utilizes current state and federal guidance, industry best practices and standards related to performance-based monitoring

Develop and maintain comprehensive sources of examination-related policies and procedures.

• Develops and maintains a repository of fiscal oversight tools, policies and procedures using agency SharePoint site.

Integrates conflicting programmatic and financial objectives into recommendations for agency management.

• Prepares program/financial reports and correspondence to communicate differences in objectives. Assists in bridging the differences between fiscal and program objectives.
• Interfaces with agency Finance in analyzing and developing payment rate models that provide adequate SSCC funding while maintaining consistency with legislatively appropriated funds.

Analyzes financial data, information, and applicable business, financial, and/or regulatory plans.

• Oversees the review, collection, organization, analysis, and preparation of financial information and reports regarding the SSCCs.
• Monitors the financial aspects of SSCC contracts.
• Reviews and analyzes financial processes and systems regarding the SSCCs.
• Analyzes complex financial information and data, prepares reports and correspondence regarding fiscal monitoring findings, provides technical assistance, and recommends remediation requirements to the SSCCs when applicable.

Ensures compliance with established procedures, requirements, laws, and regulations; completeness of data; and presence of adequate documentation.

• Develops and maintains the payment tracking system
• Creates reporting templates, technical assistance guides and tips sheets
• Analyzes SSCC fiscal performance and effectively communicates the result
• Prepares and submits accurate manual payments
• Analyzes and reports SSCC expenditure data and cost patterns
• Represents Community Based Care at meetings and performs other related work as assigned.

Monitors and coordinates third-party financial reviews, including accumulation of data, financial modeling, reporting, and monitoring of responses.

• Oversees and coordinates financial studies, audit reports, financial statements, and analyses of other financial information to develop findings, recommendations, and strategies to mitigate financial risks.
• Reviews and analyzes service usage of each SSCC system to determine trends and identifies areas of strength and weakness.

Researches technical questions regarding financial and regulatory compliance with applicable state and federal statutes and regulations.

• Uses the Texas Administrative Code (TAC), Uniform Grant Management Standards (UGMS), and Office of Management and Budget (OMB) Circulars to ensure compliance with state and federal regulations.
• Provides technical assistance to help SSCCs and CBC staff understand statutory requirements.
• Communicates any statutory non-compliance to supervisor

Performs related work as assigned.

Knowledge, Skill, and Abilities

Knowledge of financial analyses and examination procedures for regulated entities, financial and industry terminology and practices, and statistical analysis.

Skill in the use of a computer and applicable software, and in data modeling.

Ability to administer financial processes and systems; to perform and interpret numerical analyses; to interpret statutes; to analyze, evaluate, and summarize financial and management records for accuracy and conformance to procedures, rules, and regulations; to prepare reports and correspondence regarding findings; to communicate effectively; and to supervise the work of others.

Registrations, Licensure Requirements or Certifications

Preferred - Certified Public Accountant (CPA), licensed by, and in good standing with, a state board of accountancy.

Initial Screening Criteria

Bachelor’s degree from a college or university. Two years in fiscal monitoring or auditing relevant to contracts, regulatory, or fiscal compliance of government contracts.

Relevant professional designations including Certified Public Accountant (CPA) or Chartered Accountant (CA) and advanced degrees with major coursework in auditing, economics, accounting, finance, public policy, or related fields may be substituted for one year of experience at the hiring manager’s discretion.

Preferred

Certified Public Accountant (CPA), licensed by, and in good standing with, a state board of accountancy.

Additional Information

N/A

Review our Tips for Success when applying for jobs at DFPS, DSHS and HHSC.

Military occupation(s) that relate to the initial selection criteria and registration or licensure requirements for this position may include, but not limited to those listed in this posting. All active-duty military, reservists, guardsmen, and veterans are encouraged to apply if qualified to fill this position. For more information please see the Texas State Auditor’s Job Descriptions, Military Crosswalk and Military Crosswalk Guide at Texas State Auditor's Office - Job Descriptions. You may also contact the DFPS Military Liaison at dfpsmilvets@dfps.texas.gov with additional questions.

Applicants selected for hire must pass a background check and if applicable a driver’s record check.

State of Texas employees are required to maintain the security and integrity of critical infrastructure as defined in Section 117.001(2), State of Texas Business and Commerce Code. Applicants selected for hire comply with this code by completing related training and abiding by agency cybersecurity and communications system usage policies.

As a state agency, DFPS is required by Texas Administrative Code (TAC 206 and 213) to ensure all Electronic Information Resources (EIR) follow accessibility standards. The staff must be familiar with the WCAG 2.1 AA and Section 508 to create accessible content including but not limited to; Microsoft Office documents, Adobe PDFs, webpages, software, training guides, video, and audio files.

DFPS uses E-Verify. You must bring your I-9 documentation with you on your first day of work. Employees must provide documentation to DFPS to show their identity and authorization to work in the US. Please review the following link for authorized documents: https://www.uscis.gov/i-9-central/form-i-9-acceptable-documents .

In compliance with the Americans with Disabilities Act (ADA), HHS/DFPS agencies will provide reasonable accommodation during the hiring and selection process for qualified individuals with a disability. If you need assistance completing the on-line application, contact the HHS/DFPS Employee Service Center at 1-888-894-4747. If you are contacted for an interview and need accommodation to participate in the interview process, please notify the person scheduling the interview.