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Texas Water Development Board · 1 month ago

TWDB - 26-33: Financial Examiner (Financial Examiner I)

Texas-AustinWork Locations

Full-time

Onsite

Entry Level

$3,581.34/mo - $3,581.34/mo

1+ years exp

The Texas Water Development Board (TWDB) is dedicated to ensuring a secure water future for Texas. They are seeking a Financial Examiner to conduct financial examinations, reviews, and compliance monitoring of local entities receiving financial awards from TWDB, working under close supervision.

Government Administration

No H1B

Responsibilities

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 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

Qualification

Financial examinationAccounting standardsFinancial analysisCompliance monitoringMicrosoft OfficeFinancial documentationAuditing experienceRelevant certificationsInterpersonal communicationTime managementTeam collaboration

Required

Graduation from an accredited four-year college or university with a bachelor's 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

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)