THECB is observing a hybrid telecommuting schedule with employees required to be in the office at least two (2) days per week.
We are located at the George Herbert Walker Bush building located in the capitol complex at 1801 Congress Ave. Austin, TX 78701.
Salary commensurate with experience.
General Description:Performs highly advanced, administrative, and managerial work. Serves as the agency's Chief Financial Officer (CFO) and is responsible for centralized oversight and coordination of agency financial operations. Oversees the management of the accounting and reporting of more than $1 billion annually in state, federal and private funds, student loan bond and debt service funds. Works under executive direction with latitude for the use of initiative and independent decisions in accordance with established policy. This position reports to the Associate Commissioner for Administration, serves as a member of the executive leadership team, and works closely with senior executives across the agency and with Board members.
General Duties and Responsibilities:• Serves as the agency's Chief Financial Officer.• Responsible for accounts receivable (loan and agency programs); bond accounting and debt issuance and servicing (debt service funds and new bond funding); financial reporting (annual financial report and stand alone audited GASB report); accounts payable (financial aid grants, travel and loan payments); accounting transactions; payroll (benefit related funding calculations and transfers); budgeting (legislative appropriations request, annual operating budget, Legislative Budget Board (LBB) reconciliations, performance measures report); disbursement of student financial aid funds (loans, grants and special programs) and agency operations (building and copying services).• Leads the agency in the efficient management of fiscal operations.• Serves the agency's lead in federal funds management to provide central oversight, coordination and compliance of federal funded projects and initiatives.• Provides executive management in monitoring federally funded project timelines, provides assistance and guidance to project leads, and ensures proper documentation is maintained and federal regulations are followed.• Coordinates and submits the legislative appropriations request to the Legislative Budget Board.• Responsible for working with agency staff to develop division and departmental budgets.• Prepares monthly, quarterly, and annual financial reports for the Board, Commissioner, and senior staff.• Collects and prepares financial data for Board presentations.• Provides testimony to the Legislature and Bond Review Board as required.• Provides a full range of financial services for the Board staff.• Establishes a collaborative working relationship with state and federal agencies, members of the Board, and representatives of institutions of higher education including financial aid officers, registrars, and business officers.• Proactively build and maintains strong, mutually respectful relationships with colleagues across the agency to gain their investment and active engagement.• Develops holistic working knowledge about the agency's projects and initiatives; works cross functionally across teams through regular communication and collaboration; and facilitate cross-functional sharing within and outside routine meetings.• Oversees the agency purchasing and procurement functions.• Performs other duties as assigned.
Knowledge, Skills, and Abilities:• Knowledge of state agency finance, administration, budget controls, and fiscal accounting.• Knowledge of state laws pertaining to public funds and governmental finance, and familiarity with state statutes governing agency business and finance policies.• Knowledge of higher education structure in Texas, including roles of legislature, agency, and institutions.• Knowledge of Government Accounting Standard Board (GASB) Statements and Generally Accepted Accounting Principles (GAAP).• Knowledge of federal regulations, including Uniform Grant Guidance.• Skill in managing and prioritizing multiple projects with varied timelines.• Ability to motivate, lead through influence, and collaborate with diverse individuals and groups.• Ability to think and plan strategically and execute with focus and excellence.• Ability in interpersonal skills that drive unified strategies, projects, and impact.• Ability to plan, organize, and oversee the direction of financial and business operations.• Ability to manage multiple organizational units and achieve operating goals through those units.• Ability to be customer focused and develop customer friendly procedures and systems for policies and programs.• Ability to work productively with other Coordinating Board divisions and external agencies/organizations.• Ability to allocate tasks and inspire teamwork for the successful accomplishment of goals.• Ability to establish work priorities, and plan, and organize the workload to ensure that periodic, milestone, and final deadlines are met.
Required Minimum Education and Experience:• Undergraduate degree from an accredited four-year college or university.• Eight (8) years of relevant accounting and financial reporting experience.• Six (6) years of management experience in administering a full range of financial and business functions, including financial planning and analysis, budget development and control, cash flow management, strategic planning, and execution.
Preferred Education and Experience:• Master's degree from an accredited four-year college or university with a major in business administration, finance, or related field preferred.• Ten years of relevant accounting and financial reporting experience.• Ten years of management experience in administering a full range of financial and business functions, including financial planning Experience in a state agency setting working in finance, administration, budget controls, or fiscal accounting is preferred.• CPA preferred.
Physical Requirements and/or Working Conditions:Work is performed in a standard office environment and requires:• Regular, reliable, and punctual attendance at work;• Frequent use of personal computer, copiers, printers and telephones;• Frequent sitting;• Frequently works under deadlines, as a team member, and in direct contact with others.
Workforce:Must be able to:• Demonstrate knowledge of customer service deliverables.• Show flexibility and adaptability toward changes in assignments and work schedules; and work extended hours as necessary.• Adhere to the organization's internal management policies and procedures.• Contribute to the agency's performance measures and mission.• Travel occasionally for work assignments and training.Application Requirements:The Texas Higher Education Coordinating Board is an Equal Opportunity Employer. A State of Texas application is required to apply. For more information on how to apply for this position, go to the Coordinating Board's employment opportunities website at http://www.thecb.state.tx.us/about-us/human-resources/career-opportunities/.
The Texas Higher Education Coordinating Board participates in E-Verify for each new employees' Form I-9 to confirm work authorization. For questions, please call the HR Department at 512-427-6190. For vocal and/or hearing assistance call 7-1-1.
Notes to Applicant:If you require any reasonable accommodation for the interview process, please inform the hiring representative who calls to schedule your interview. This position has been designated as a security sensitive position. A criminal background investigation will be conducted on the final candidate for this position.
Your job application must be completely filled out. Your application must contain dates of employment, job titles, name of employer and a description of duties performed in a way that demonstrates you meet the minimum qualifications for the position for which you are applying. Resumes do not take the place of the requirement to include this information on the application. If this information is not submitted, your application may be rejected because it is incomplete.
Veterans Information: THECB is committed to hiring Veterans. To receive Veteran's Preference, a copy of the FORM DD214 -member #4, must be attached when submitting your application.
AN EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER: THECB does not discriminate on the basis, of race, color, religion, sex, national origin, age, or disability in employment or the provision of services.
Job offer and continuation of employment with THECB is contingent upon:• Proof of education and experience listed on the application.• Eligibility/authorization to work in the U.S.• Satisfactory results from a pre-employment criminal history background check.• Compliance with the Selective Service Law for males ages 18-25. Please be advised that under Texas law, names and other information concerning applicants or nominees may be subject to disclosure upon request.
THECB does not allow dual employment with other state of Texas agencies or institutions.
Skills assessment may be conducted at time of interview
No phone calls or emails, please. Due to the high volume of applications, we do not accept telephone calls and cannot reply to all email inquiries. Only candidates selected for interview will be contacted.