Local Accounts Receivables Analyst

Overview

Local Accounts Receivables Analyst - (2600343)

Position Information:
Home to SXSW, Austin City Limits (ACL), and many natural attractions, Austin, Texas, is a growing area and the Live Music Capital of the World. TxDOT's Financial Management Division is seeking a Local Accounts Receivable Analyst at the Stassney campus in Austin, with access to employee parking, walking trails, on-site fitness center, coffee bar, and on-site cafeteria. We have a diverse workforce and are focused on building an exciting career with TxDOT.

TxDOT values work-life balance and offers programs including flexed work schedules, wellness leave incentive, in-house fitness center, career development programs, tuition assistance, and other benefits. For a complete list of the total compensation package, please visit the TxDOT careers page.

Stassney Campus:

Minimum Salary
: 58,000.00

Maximum Salary
: 63,000.00

Pay Basis
:
Yearly

FLSA Status
:
Nonexempt

Work Location
:
Stassney Hq - Main 6230 East Stassney Lane Austin 78744

Travel
:
Yes, 5% of the Time

Shift
:
Day

Location Flexibility
:
Onsite

At TxDOT, we value work-life balance and provide a comprehensive range of benefits, including:

• Retirement Plans
• Alternative and/or Flexible Work Schedules
• Paid Leave and Holidays
• Health Premiums paid at 100% for Full-Time Employees
• On-the-Job Training
• Tuition Assistance Program
• Holistic Wellness Program with Leave Incentives
• Career Development and Advancement Opportunities
• Family-Friendly Policies and Programs

TxDOT was recognized in 2024 as a Best Place for Working Parents, with many offices designated as Texas Mother-Friendly Worksites. For a complete list of total compensation, please visit the website.

• Manage accounts receivable processes related to TxDOT Advanced Funding Agreements with state/local entities and third parties, ensuring accuracy and timeliness of project-related revenues, expenditures, and funding allocations.
• Perform timely and accurate monthly, quarterly, and annual reconciliations of project contributions, expenditures, receivable balances, and revenue recognition.
• Examine accounting and source documents for accuracy, completeness, and compliance with departmental and state regulations and agreements.
• Serve as a primary contact for internal and external stakeholders on accounting issues, providing assistance and addressing inquiries related to financial records and transactions.
• Investigate and reconcile complex accounting discrepancies to ensure accurate financial reporting.
• Assist with internal and external audits of statewide and Local Receivables balances, project reconciliations, and financial reports throughout the fiscal year and during year-end reconciliations.
• Support the preparation and review of summary journal vouchers for funding and expenditure adjustments, and assist with the analysis and reconciliation of Local Receivables quarterly.
• Research and prepare responses to inquiries, notifications, legislation, and ad-hoc requests related to Local Receivables, coordinating responses with relevant stakeholders.
• Contribute to the development, evaluation, and updating of Local Receivables procedure documents to ensure compliance with applicable laws, regulations, and policies.
• Assist in creating, maintaining, and updating training materials, job aids, and documentation related to Local Receivables processes.
• Complete assigned projects accurately and within established deadlines.
• Perform and contribute to audit-based risk assessments and related analyses to identify key transactions for extended/increased monitoring and financial reporting.

Experience
: 1 year accounting, bookkeeping, payroll, auditing experience. (Experience can be satisfied by full-time or prorated part-time equivalent). Related graduate level education may be substituted for experience on a year-for-year basis.

Preferred Qualifications:

• Bachelor's Degree in Finance, Accounting, Economics, Business Administration, etc. highly preferred.

Extensive knowledge of:

• Grant, fund and cost accounting principles and procedures
• Project and revenue accounting and compliance
• Applicable computer operating systems and relevant applications
• Auditing and investigative methods, practices and procedures
• Generally accepted accounting principles, procedures and terminology
• Bookkeeping practices and procedures
• Applicable laws, rules, and regulations
• Developing, implementing and monitoring project budgets

Expert skill in:

• Performing statistical analysis
• Researching, analyzing, and interpreting policies and state and federal laws and regulations specific to the functional area
• Administrative support practices and procedures including writing, editing, report writing techniques, recording meeting notes, record keeping and records management

Proficient skill in:

• Analyzing contracts and agreements with multiple parties and payment structures
• Maintaining effective working relationships with internal and external stakeholders
• Using basic mathematical fundamentals