TWDB - 26-36: CFO-to-Go Administrator (Financial Examiner III)

Only applicants who apply with a State of Texas application via the CAPPS online application system will be considered for this position. First time applicants will need to create an account https://tinyurl.com/CAPPS-Login in the CAPPS online application system at https://tinyurl.com/CAPPS-Jobs. Please visit our job opportunities page at https://tinyurl.com/How-to-Apply-in-CAPPS for more information about the Texas Water Development Board and answers to frequently asked questions. To view this position in greater detail, visit the CAPPS online application system.

Texas Water Development Board’s Mission - Leading the state’s efforts in ensuring a secure water future for Texas. 

The Texas Water Development Board (TWDB) offers competitive compensation and benefits package including medical, dental, vision, 401(k), flexible spending, and flexible work alternatives so you can have a work/life balance! For more information about these benefits and more visit http://www.twdb.texas.gov/jobs/benefits.asp.

The Texas Water Development Board does not discriminate on basis of race, color, national origin, sex, religion, sexual orientation, age, or disability in employment or provision of services, programs, or activities. 

**Must meet agency in-office requirements**

***Salary commensurate with experience and qualifications***

General Description

Performs moderately complex (journey-level) financial examination and consultative services. Work involves overseeing the Chief Financial Officer (CFO) to Go program. The position includes reviewing and evaluating consultative services and technical assistance provided by certified public accounting firms engaged in the program. Work also involves financial examination, analysis and compliance monitoring work, including reviews of financial audits, single audits, and final accountings. May train others. Works under general supervision, with limited latitude for the use of initiative and independent judgment. Reports to the Director of Financial Compliance Division.

Essential Job Functions

• Oversees CPA firms' auditing records to verify assets, liabilities, trends, and transactions for solvency and compliance.
• Assists with soliciting and evaluating bids, selects vendors, prepares work orders, and manages program budget.
• Develops and maintains an inventory of entities that are potentially eligible to participate in CFO-to-Go program.
• Makes recommendations to agency leadership regarding candidates for the program.
• Communicates program objectives and benefits to potential participants.
• Oversees the development of action plans to complete program assessment.
• Coordinates the work of contracted certified public accounting firms to conduct financial examinations of organizations. 
• Communicates observations, recommendations, and proposed remediation strategies to program participants and agency leadership.
• Identifies areas of progress, improvement, or concern, makes recommendations, and assists in resolving problems.
• Reviews reports of financial examinations by entities participating in the CFO-to-Go program.
• Speaks to TWDB groups, management, and professional groups to coordinate, improve, and stimulate interest in the program.
• Secures support for the CFO-to-Go program.
• Consults with borrowers in the TWDB portfolio involved in the CFO-to-Go program to resolve problems, identify training needs, and discuss program effectiveness.
• Develops CFO-to-Go program policies, procedures, standards, manuals, and planning program activities in accordance with program objective and goals.
• Conducts financial examinations, analysis, compliance monitoring, and related data research and reporting.
• Conducts financial compliance and stability reviews of TWDB bondholder municipalities to identify material noncompliance or default risk.
• Evaluates noncompliance and default risk, implementing corrective actions and strategies for intervention and monitoring.
• Examines borrowers’ records, transactions, assets, and liabilities.
• Analyzes financial trends to assess financial condition.
• Reviews borrowers' ordinances, bond covenants, loan agreements, and grant contracts to determine compliance with TWDB requirements.
• Plans and coordinates remediation efforts of troubled organizations and determines regulatory compliance relative to business operations.
• Prepares and submits reports of financial examinations that include evaluations, templates, policy guidance and recommendations for regulatory or judicial actions.
• Coordinates with other divisions within the agency.
• Coordinates CPA firm recommendations from the CFO-To-Go program with Financial Compliance for review and approval.
• May assist in the development of financial reports specific to the state revolving funds.
• May review and revise agency policies.
• Maintains confidential and sensitive information.
• Ensures individual and team files (electronic and hard versions) are appropriately maintained and timely disposed of in accordance with the agency’s records retention procedures and schedule.
• Maintains required certifications and licenses and meets the continuing education needs and requirements of the position to include, attending mandatory training courses.
• May be required to operate a state or personal vehicle for business purposes.
• Performs other duties as assigned.

Qualifications

Minimum Qualifications

• Graduation from an accredited four-year college or university with a bachelor's degree in Accounting, Finance, Public Administration, Economics, Data Science, or a related field.
• Three years of relevant work experience in financial monitoring, examination, accounting, or auditing work.
• Relevant education and experience can be substituted for each other on a year-for-year basis.

Preferred Qualifications

• Graduate degree or MBA from an accredited college or university with a specialization in Accounting, Finance, Public Administration, Public Finance, Data Science and/or Math.
• More than three years of experience in financial monitoring, examination, accounting, or auditing work.
• Two years of relevant work experience in managing, administering, or working with contracts. 
• Possess one or more professional certification(s): CPA, CMA, CIA, CTP or other relevant certifications.
• Certified as a Texas Contract Manager license (CTCM).

Knowledge, Skills, and Abilities (KSAs)

• Knowledge of local, state, and federal laws and regulations relevant to Financial Compliance Division.
• Knowledge of the principles and practices of public administration.
• Knowledge of statistical analysis, auditing and accounting standards under statutory accounting principles (SAP) and accepted accounting principles (GAAP).
• Knowledge of financial and industry terminology practices, corporate structures, business operating procedures, management controls, and internal reporting techniques.
• Skills in using Microsoft Office programs such as Word, Excel, and Access.
• Skills in use of internet, email, word processing, spreadsheet, presentation, and database software.
• Ability to maintain the security or integrity of critical infrastructure within Texas.
• Ability to meet agency in-office requirements.
• Ability to adhere to work schedules, follow procedures with respect to leave and submit accurate timesheets by prescribed deadlines.
• Ability to make mature, objective decisions and identify areas of potential problems.
• Ability to perform effectively and willingly when changes occur in scope and nature of the work and work environment.
• Ability to perform routine and non-routine work assignments accurately and on-time with little or no supervision.
• Ability to perform assigned duties and improve work habits and/or output.
• Ability to complete assigned work, on time, neatly and with infrequent errors.
• Ability to interpret policies, procedures, and regulations.
• Ability to provide prompt, courteous and accurate assistance and clear and concise communication to internal and external stakeholders both verbally and in writing.
• Ability to work and cooperate with others in a team environment.
• Ability to manage multiple tasks.
• Ability to stand/sit/move to perform activities such as retrieve/replace files in a large file system for boxes up to 30 lbs.
• Ability and willingness to travel 25% of the time, primarily within the State of Texas.
• Ability to operate a vehicle (state or personal) for state business and maintain a driver’s license and driving record that complies with state and agency requirements.
• Ability to work shifts that may exceed 8 hours, including early mornings, nights, and weekends.
• Ability to train others.

Additional Information

All interested candidates should apply with a State of Texas application via the CAPPS online application system. First time applicants will need to create an account https://tinyurl.com/CAPPS-Login in the CAPPS online application system https://tinyurl.com/CAPPS-Jobs. Please visit our job opportunities page https://tinyurl.com/How-to-Apply-in-CAPPS for more information about the Texas Water Development Board and answers to frequently asked questions. To view this position in greater detail, visit the CAPPS online application system.

Texas Water Development Board, Stephen F. Austin Building

1700 North Congress Ave., Room 670, Austin, Texas 78701

Please contact Human Resources for accommodation requests.

Phone: (512) 475-2142

Email: HR(AT)twdb.texas.gov

About the Company

The mission of the Texas Water Development Board (TWDB) is to lead the state's efforts in ensuring a secure water future for Texas and its citizens. Our mission is a vital part of Texas' overall vision and the state's mission and goals that relate to maintaining the viability of the state's natural resources, health, and economic development.

To accomplish our goals of planning for the state's water resources and providing affordable water and wastewater services, the TWDB provides water planning, data collection and dissemination, financial assistance, and technical assistance services to the citizens of Texas. The tremendous population growth that the state continues to experience and the recurrent threat of severe drought only intensify the need for the TWDB to accomplish its goals in an effective and efficient manner.