Office of Finance

Office of Finance

Meet The Chief Financial Officer

Misty Eubanks

Misty Bowen Eubanks serves as the Chief Financial Officer for the Department. Misty has served in several other roles at DHS, including Chief Business Officer, Chief Procurement Officer, DHS Privacy Officer, and supervising attorney in the Office of Chief Counsel specializing in child welfare, adult protective services, and agency administrative hearings.  Misty has litigated as a child welfare attorney representing DHS in the 7th West Judicial District. She also practiced privately, serving as a part-time attorney ad litem in dependency-neglect cases, representing juveniles and families in divorce, child custody, child support, and visitation cases. Misty earned her undergraduate degree from Hendrix College and her Juris Doctorate from the William H. Bowen School of Law at the University of Arkansas Little Rock. In addition to her work at DHS, Misty has been a member of the Arkansas State CASA Advisory Board and was the 2013 section chair for the Juvenile Justice and Child Welfare Section of the Arkansas Bar Association.

Office Overview

The Office of Finance supports the programs within the Department of Human Services (DHS) by providing financial management.

Services

General Operations:

Service:Accounts Payable and Purchase Orders
About:Pays invoices for vendors, clients, providers, agency credit card charges, and employee reimbursement for business expenses, and other miscellaneous accounts, and direct or claim payments. In addition, warrant re-issue on checks outstanding, and outlawed warrants to State Claims Commission for payment. Resolution of over-payment by memorandum to recoup payment and budget issues due to “lack of funds.” Process payments for grants, EBT, and Fund Reservations
Service:Payroll, Benefits, Time and Leave Management
About:Track time, expenses, pay, direct deposit, and recurring deductions to ensure the accuracy of payments for more than 7,400 employees for processes of wages and salaries. In addition, manages the enrollment and maintenance actions of all employee benefits such as health insurance, retirement, and deferred compensation programs
Service:Travel and Cash Management
About:Maintains checking accounts for Office of Chief Counsel, i.e., legal fees, Arkansas State Hospital, central office fees (DDS); general account, etc., travel advances, foster care trust accounts {Great Plains}, month-end board,contract recoupments, and distributes returned checks, and warrants held for pick-up.

Processes on-line and manually submitted travel reimbursements and employee request for travel advances for all DHS employees, foster parents, volunteer transporters, and board members, as well as work to resolve travel issues, Medicaid payments, processes payments for direct hotel billing, CTS {Travel account}, WEX {Gas Card}, and WISE reimbursements.

Managerial Accounting:

Service:Accounts Receivable
About:Provides billing for Hospital Assessment Fees, Quality Assurance Fees, Provider Fees, Rents, Medicaid Match, Eligibility and other billing as needed. Provides collection for Recipient, Employee, and Provider Overpayments.
Service:Funds Management
About:Management and monitoring the flow of DHS funding and ensuring the efficiency of fund operations; providing accurate and timely reporting of financial status and balance of funds; ensuring compliance with applicable federal and state laws and regulations, including the Cash Management Improvement Act agreement.
Service:Reporting and Forecasting
About:Grants Management including fiscal monitoring of DHS awards and funded projects from inception to final reporting and ensuring fiscal compliance with federal and state regulations and award terms and conditions. Financial reporting on and monitoring of over three and a half billion dollars annually awarded to DHS from federal funding sources. Maintenance of the DHS Grants Database, a current and complete comprehensive catalog of all funding sources that DHS is administering.
Service:Research and Statistics
About:Processing and reporting of Cost Allocation using the required and approved Public Assistance Cost Allocation Plan to determine the quarterly indirect costs for each DHS program, based on actual effort and benefit to each affected program, and measured using federally approved methodologies. Cost Allocation methodologies include time studies, headcounts, and other statistical methods.

Contact Information

NameTitleOffice Number
Misty EubanksChief Financial Officer501-320-6327
Karen WatkinsDeputy Chief Financial Officer501-396-6317
Lucas SilvaBudget Director501-396-6469
Thomas LeitmeyerAssistant Director – CAFR Unit501-320-6055
Jimmy FieldsDHS Assistant Deputy Director – General Operations501-320-6033
Carolyn KorteDHS Assistant Deputy Director of Managerial Accounting501-508-8864
Renee IkardBusiness Manager – Shared Services501-682-8985
Karen WatkinsActing Division CFO – DHS Aging,
Adult & Behavioral Health Services
501-396-6317
Diane SmithsonDivision CFO – DHS Children & Family Services501-320-6068
Laura WebbDivision CFO – DHS Childcare & Early Childcare Education501-320-8933
Lisa WoodallDivision CFO – DHS County Operations501-682-8376
Bryan ReddittDivision CFO – DHS Developmental Disabilities Services501-320-6156
Tracii LaettnerDivision CFO – Medical Services501-396-6367
Renee IkardDivision CFO – DHS Youth Services501-682-8985

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