TWDB - 26-80: Financial Examiner (Financial Examiner I)

*Must meet agency in-office requirements*

*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!

Find out why the TWDB is a great place to work.

Make a positive difference for the state of Texas. We encourage you to apply for positions that match your 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:

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 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.

Additional Military Crosswalk information can be accessed at https://hr.sao.texas.gov/Compensation/MilitaryCrosswalk/MOSC_AccountingAuditingandFinance.pdf

** 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.
• Conducts financial compliance and stability reviews of municipalities for which the TWDB serves as bondholder, identifying instances of noncompliance and/or default risk.
• 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's operating system platform).
• Responsible for 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.