Facilities Funding Lead Analyst; Financial Analyst IV

Organization: TEXAS EDUCATION AGENCY

Primary

Location:

Texas-Austin

Work Locations: Texas Education Agency (701TX-WBT) 1701 NORTH CONGRESS AVENUE Austin , 78701

Job: Business and Financial Operations

Employee Status: Regular

Schedule: Full-time

Standard Hours Per Week: 40.00

Travel: Yes, 5 % of the Time

State Job Code: 1085

Salary Admin Plan: B

Grade: 26

Salary (Pay Basis): 6,377.50‑8,492.39 (Monthly)

Number of Openings: 1

Overtime Status: Exempt

The Texas Education Agency (TEA) will improve outcomes for all public‑school students in the state by providing leadership, guidance, and support to school systems.

• We are Determined: We are committed and intentional in the pursuit of our main purpose, to improve outcomes for students.
• We are People‑Centered: We strive to attract, develop, and retain the most committed talent, representing the diversity of Texas, each contributing to our common vision for students.
• We are Learners: We seek evidence, reflect on success and failure, and try new approaches in the pursuit of excellence for our students.
• We are Servant Leaders: Above all else, we are public servants working to improve opportunities for students and provide support to those who serve them.

The Facilities Funding Lead Analyst works within the State Funding Division, which is responsible for administering the Foundation School Program (FSP). The FSP determines the amount of state and local funding due to school districts under Texas school finance law and provides the state share of this funding to districts. This role supports schools by performing highly advanced (senior‑level) financial analysis and regulatory work related to various facilities funding programs used in the state's school finance formulas, including but not limited to the New Instructional Facility Allotment (NIFA), Instructional Facility Allotment (IFA), Existing Debt Allotment (EDA) and additional state aid for homestead exemption (ASAHE).

The scope of work includes collecting and analyzing bond data, updating the Summary of Finances (SOF) reports, generating payments, and implementing new legislation. The analyst acts as team lead and works closely with analysts, leadership, and other internal stakeholders to ensure effective and efficient program implementation in compliance with applicable statutes and regulations. The work involves compiling, reviewing, analyzing, and evaluating financial data;

interpreting statutes and regulations and accurately translating requirements into calculations and methodologies that determine funding; and providing expert technical assistance to school districts and their financial and legal advisors, agency staff, and other stakeholders. The successful candidate will have a high degree of initiative, advanced financial concepts, and high proficiency using intermediate to advanced Microsoft Excel functions.