TWDB Stephen F Austin Bldg (580TX-10000)
1700 Congress Ave
PO Box 13231
Austin, 78711
***Salary commensurate with experience and qualifications***
TEXAS WATER DEVELOPMENT BOARD’S MISSION
Leading the state’s efforts in ensuring a secure water future for Texas.
WORKING AT THE TWDB
See why our work makes an impact and why the TWDB is a great place to work!
The Texas Water Development Board (TWDB) endorses telecommuting and hybrid workplace plans, in addition to other flexible work alternatives. We offer competitive compensation and benefits package including medical, dental, vision, 401(k), flexible spending, and flexible work hours 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.
Please visit TWDB Career Page: http://www.twdb.texas.gov/jobs/ for more information.
MILITARY EMPLOYMENT PREFERENCE
Veterans, Reservists or Guardsmen with an MOS or additional duties that fall in the fields of 641X LDO - Administration, SEI15 Enterprise Policy, Planning, Budget, and Management, 8003 General Officer, or other related fields pertaining to the minimum experience requirements may meet the minimum qualifications for this position and are highly encouraged to apply.
Additional Military Crosswalk information can be accessed at https://hr.sao.texas.gov/Compensation/MilitaryCrosswalk/MOSC_ProgramManagement.pdf
Job Description Summary
Performs highly advanced (senior-level) managerial work administering the daily operations and activities of the Texas Water Development Board’s Finance Office. Manages all aspects of the agency’s financial operations, including the supervision of the accounting, financial operations, budget, debt and portfolio management, financial compliance and procurement and contract services functions. Assumes a strategic role in overall management of the TWDB’s accounting functions by maintaining adequate controls to safeguard the agency’s financial assets, ensuring the integrity of the agency’s accounting records, and complying with all state, federal, and tax laws, and agency policies. Oversees the agency’s issuance of debt and the management of the debt portfolio to ensure transaction timeliness with program needs. Plans, assigns, and supervises the work of others. Works under minimal supervision, with extensive latitude for the use of initiative and independent judgment. Reports directly to the Executive Administrator of the Texas Water Development Board.
Essential Job Functions
- Provides effective leadership and management of the Finance Office.
- Directs TWDB financial operations activities.
- Oversees all activities of agency debt and portfolio management, including portfolio reporting and management, cash flow analysis, debt service analysis, loan analysis, interest rate calculations, etc.
- Oversees the activities of agency financial compliance, including monitoring and analyzing entities in the underlying portfolios.
- Maintains a working knowledge of applicable federal, state and local laws and regulations and develops and implements policies and procedures to ensure compliance with state and federal requirements.
- Ensures the financial integrity of the TWDB and assists in its strategic development through the formulation of sound financial policies and procedures in partnership with the operating divisions.
- Oversees activities related to the sale and delivery of bonds and the investment of bond proceeds and other funds in authorized investments.
- Oversees process management and development of fiscal notes, performance measures and other reporting required by the Legislative Budget Board and Governor’s Office of Budget and Planning.
- Oversees the contracts administration and procurement functions while ensuring the timely completion of tasks in accordance with Texas contracts and procurement laws and regulations.
- Analyzes legislative requirements and proposes financial management strategies, policies and procedures.
- Manages and oversees the office’s role in implementation of new legislative responsibilities.
- Assists in reporting and communication with oversight agencies/committees, including the State Comptroller’s Office, the State Auditor and Sunset Commission regarding issues affecting the agency’s finances.
- Analyzes, organizes and directs financial management activities to ensure optimum support to agency programs.
- Analyzes and monitors the agency’s financial position and ensures monthly, quarterly and year-end financial statements are prepared in an accurate and timely manner.
- Formulates fiscal policy and guidelines in areas of budget development and management.
- Directs agency activities in forecasting needs, development of funding formulas, and managing the agency’s accounts receivables and payables.
- Prepares investment briefings and action recommendations for the Board in matters of investment legislation, security dealers, new products, quarterly investment reports, etc.
- Develops and reports agency Legislative Appropriations Requests, Annual Financial Reports and other financial reports as required.
- Briefs members of the legislature, public, Board and other stakeholders.
- Designs, develops and improves agency funds management reports for use by the Board, staff, and oversight entities.
- Monitors and maintains the agency’s investment rules, policies, strategies and procedures ensuring compliance with the Public Funds Investment Act (PFIA).
- Provides data and coordination to the agency’s arbitrage services consultant ensuring compliance with federal arbitrage rebate requirements.
- Oversees the reconciliation of various cash and security accounts and resolves disclosed discrepancies.
- Manages all project activities within the Finance Office, providing technical direction and guidance.
- Monitors and reports Finance Office work activities.
- Supports Finance Office administrative requirements related to organization, budget and personnel.
- Authorizes the Finance Office hiring, separations, disciplinary actions and employee performance rewards.
- Assigns job duties, conducts performance evaluations, clarifies roles and responsibilities, and monitors and measures performance against goals.
- Evaluates the Finance Office performance and recommends and leads improvements.
- Ensures the provision of quality customer service from the Finance Office to both internal and external stakeholders.
- Manages the performance of direct reports, to include timely completion of performance appraisals, and follow-through on disciplinary actions as needed.
- 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.
Minimum Qualifications
- Graduation from accredited four-year college or university with a bachelor's degree in Accounting, Finance, Banking, Business Administration, Business Management, Economics, or a related field.
- Ten years of extensive management experience serving in a leadership position.
- Seven years of progressive work experience in bond issuances, investment activities, accounting, fiscal management, finance, banking, or state/federal financial assistance program administration.
- Relevant education and experience can be substituted for each other on a year-for-year basis.
Preferred Qualifications
- Master’s degree from an accredited college or university with major course work in Business Administration, Finance, Accounting, Economics or related field.
- State or local government experience with public bond issuances and investments.
- Experience working with the Texas Legislature, including testifying before legislative committees.
- Four years of progressive experience using USAS and CAPPS modules.
- Certified Public Accountant.
Knowledge, Skills, and Abilities
- Knowledge of local, state, and federal laws and regulations relevant to Finance Office.
- Knowledge of the principles and practices of public administration and management.
- Knowledge of finance administration, budget, accounting and state and federal laws pertaining to public funds and government finance.
- Knowledge of Texas State government, the legislative process, and experience with the Legislative Budget Board.
- Knowledge of the municipal bond market, and the issuance of bonds.
- Knowledge of or experience with fundamental financial and statistical methods, terminology, and analysis applicable to security transactions, market research, and fiscal & monetary macroeconomics.
- Knowledge of or experience with financial and accounting systems.
- Knowledge of or experience with the Public Funds Investment Act requirements.
- Skills in planning, organizing, and directing finance programs and managing multiple priorities in a deadline-oriented environment.
- 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.
- Skills in public speaking.
- Skills in preparing and presenting complex analytical reports.
- Skills in delivering presentations related to project, program administration and policy development to public officials and industry experts.
- Skills in maintaining high level effective working relationships with agency personnel, Board Members, government officials and consultants.
- Ability to present testimony to Legislative Committees.
- Ability to condense and present complex accounting and financial information to personnel in meaningful reports and presentations.
- Ability to inspire staff.
- Ability to make difficult and correct decisions and take appropriate risks.
- Ability to communicate the office’s and the agency’s vision with the highest standards of ethics and trust.
- Ability to review and analyze data, interpret and apply practical theory to complex transactions and take appropriate action for resolution.
- Ability to work accurately with numerical details in a high-volume setting.
- 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 willing 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 in order with infrequent errors.
- Ability to complete tasks and projects in a timely manner persists until tasks are completed.
- Ability to interpret policies, procedures, and regulations.
- Ability to provide prompt, courteous and accurate assistance and clear and concise communication to agency staff, as well as to employees of other political entities and the public both verbally and in writing.
- Ability to work with others in a team environment and cooperate with supervisors, co-workers, and others.
- Ability to manage multiple tasks and schedule work in order to maintain regular progress on assignments and meet deadlines.
- 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 5% 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.
- Ability to assign and/or supervise the work of others.
REMARKS
- A copy of required academic transcripts and/or licensures and driving record must be submitted at the time of hire. Failure to provide required documentation will result in no further consideration for employment.
- Important Notice: Otherwise qualified candidates who are ultimately considered for potential employment with the Texas Water Development Board may be the subject of a request for any criminal history record information maintained by the Texas Department of Public Safety (DPS). Evidence of a criminal conviction or other relevant information obtained from the DPS shall not automatically disqualify an individual from employment with the Texas Water Development Board.
APPLICATIONS SUBMITTED THROUGH WORK IN TEXAS
- Work In Texas (WIT) applicants must complete the supplemental questions to be considered for the posting. To complete the supplemental questions please go to CAPPS Recruit to register or login and access your profile.
EQUAL OPPORTUNITY
- 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.
SELECTIVE SERVICE
- Males born on or after January 1, 1960, will be required to present proof of Selective Service registration on the first day of employment or proof of exemption from Selective Service registration requirement.
FINAL EMPLOYMENT OFFERS
- All offers of employment are contingent upon the candidate having legal authorization to work in the United States. Failure to present such authorization within the time specified by the U.S. Department of Labor will result in the offer being rescinded.
FOREIGN CREDENTIALS
- An evaluation of your coursework must be uploaded if you have obtained a degree(s) from a school outside of the United States; otherwise, you will not receive credit for degree progress and completion.
SPONSORSHIP
- Candidates must be eligible to work in the United States without requiring sponsorship.
STATE OF TEXAS APPLICATION
- Resumes will not be accepted in place of a completed State of Texas application unless indicated.
E-VERIFY
- TWDB participates in E-Verify! Information from each new employee’s Form I-9 will be provided to the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS) to confirm work authorization.
EMPLOYMENT AT-WILL
- Employment with the Texas Water Development Board (TWDB) is on an at- will basis.
AMERICANS WITH DISABILITIES ACT
- The TWDB is in compliance with the Americans with Disabilities Act and makes reasonable accommodations for applicants and employees with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits of employment, please contact the Human Resources Division for assistance at (512) 475-2142. Deaf and hard of hearing applicants may contact our office via Relay Texas at 1-800-735-2989 (TTY/TDD).
HEADQUARTER LOCATION AND CONTACT INFORMATION
Texas Water Development Board
Stephen F. Austin Building
1700 North Congress Avenue
Austin, Texas 78701
hr@twdb.texas.gov
Phone: (512) 475-2142
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