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

Salary commensurate with experience and qualifications

The Texas Water Development Board (TWDB) offers a 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: TWDB Benefits.

Military Employment Preference: Veterans, Reservists or Guardsmen with an MOS or additional duties that fall in the fields of 70C Health Services Comptroller, 6F0X1 Financial Management and Comptroller, 65WX Cost Analysis, or other related fields pertaining to the minimum experience requirements may meet the minimum qualifications for this position and are highly encouraged to apply.

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.

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.

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.