TWDB 26-33 Financial Examiner (Financial Examiner I)

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 in the CAPPS online application system at Please visit our job opportunities page at 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 Boards Mission - Leading the states 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 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 entry-level financial examination analysis and compliance monitoring work. Work involves conducting examinations to determine and report on financial condition and compliance with statutory requirements and financing/lending agreements. Conducts financial and compliance review of local entities for which the Texas Water Development Board (TWDB). Serves as lender or grantor. May train others. Works under close supervision with minimal latitude for the use of initiative and independent judgment. Reports to the Director of the Financial Compliance Division.

Essential Job Functions

• Conducts financial examinations with the assistance of others.
• Conducts financial reviews of entities that have received financial awards from TWDB.
• Evaluates recorded assets liabilities surpluses and capital for compliance with statutes rules and regulations.

• Reviews municipalities financial compliance and stability for TWDB-held bonds.

• Verifies the accuracy of records work papers and related financial statements.
• Determines proper documentation and adequate procedures.
• Detects and records variances from policies procedures and borrowing covenants.
• Assesses findings of noncompliance and default risk. 
• Recommends corrective action plans and strategies for remedial intervention and surveillance.
• Prepares worksheets and summaries of financial examinations.
• Conducts reviews TWDB loan recipients to ensure compliance with loan covenants.
• Reviews borrowers ordinances private placement memorandums and financial documentation to determine compliance with TWDB requirements.
• Prepares and updates reports produced by TxWISE (TWDB internal operating system platform).
• Ensures timely and accurate data entry associated with all assigned work.
• 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 agencys 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 bachelors degree in Business Administration Finance Accounting Economics Insurance or a related field. 
• Previous relevant experience with financial examinations accounting or auditing.
• 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 Computer Science and/or Math.
• One or more years of relevant experience in a professional role as a financial examiner.
• Certification in one or more of the following areas: Accredited Financial Examiner (AFE) Certified Financial Examiner (CFE) Certified Insurance Examiner (CIE) or Certified Public Accountant (CPA).

Knowledge Skills and Abilities (KSAs)

• Knowledge of local state and federal laws and regulations relevant to the Financial Compliance Division. 
• Knowledge of the principles and practices of public administration.
• Knowledge of auditing and accounting standards and techniques.
• Knowledge of financial and industry terminology and practices.
• Knowledge of corporate structures business operating procedures management control 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.
• Skills in communicating effectively in writing as appropriate for the needs of the audience.
• Skills in time management.
• Skills in the use of standard office equipment.
• Skills in interpersonal and business communication. 
• Ability to maintain the security or integrity of critical infrastructure within Texas.
• Ability to meet agency in-office requirements.
• Ability to build trust foster collaboration and effectively engage with program participants contractors and stakeholders.
• Ability to apply relevant rules regulations and statutes.
• Ability to understand financial processes and systems.
• Ability to perform and interpret numerical analyses.
• Ability to analyze evaluate and summarize financial and management records accurately.
• 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 drivers 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 in the CAPPS online application system Please visit our job opportunities page 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:

Email: HR(AT)

Remote Work :

No

Employment Type :

Full-time