TWDB - Financial Examiner; Financial Examiner

• Full-time
• Compensation: USD 3581.34 - USD 4500.00 - monthly

The mission of the Texas Water Development Board (TWDB) is to lead the state's efforts in ensuring a secure water future for Texas and its citizens. Our mission is a vital part of Texas' overall vision and the state's mission and goals that relate to maintaining the viability of the state's natural resources, health, and economic development.

To accomplish our goals of planning for the state's water resources and providing affordable water and wastewater services, the TWDB provides water planning, data collection and dissemination, financial assistance, and technical assistance services to the citizens of Texas. The tremendous population growth that the state continues to experience and the recurrent threat of severe drought only intensify the need for the TWDB to accomplish its goals in an effective and efficient manner.

Only applicants who apply with a State of Texas application via the CAPPS online application system will be considered for this position.

Texas Water Development Board’s Mission
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Leading the state's efforts in ensuring a secure water future for Texas.

The Texas Water Development Board 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 http://(Use the "Apply for this Job" box below)..

The 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.
• 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…