Texas Water Development Board
Job Description Summary
Performs highly complex (senior-level) financial analysis and regulatory work. Work involves compiling, reviewing, analyzing and evaluating complex financial data. Prepares detailed reports and responding to inquiries made by municipal financial professionals and recommending appropriate action to resolve financial and regulatory problems. Provides financial analysis of the TWDB debt and loan portfolios including cash flows, capacity models, prepayment analysis, bond issuance, bond redemptions, loan prepayments, lending rates and cash balances. Assists in the preparation of board items, continuing disclosure, and annual disclosure reports. May train others. Works under limited supervision, with considerable latitude for the use of initiative and independent judgment. Reports to the Director of the Debt Portfolio Management Division.
Essential Job Functions
· Maintains, compiles, and/or updates detailed reports related to financial assistance programs for planning, cash flow modeling, reconciliation, and/or forecasting purposes using Excel.
· Prepares periodic financial reports for municipal bond rating agencies, federal disclosure requirements, and other on-going reporting requirements.
· Performs database research and data reconciliation.
· Performs loan prepayment procedures.
· Assists in setting of lending rates for loan programs.
· May assist in the development of bond offering documents and/or presentations.
· Performs semi-annual debt service payment tasks per established procedures.
· 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.
· Graduation from an accredited four-year college or university with major coursework in Accounting, Business Administration, Finance, Economics, or related field.
· Three to five years of experience in institutional investment research, accounting, financial analysis, statistical analysis or related experience.
· Relevant experience and education may be substituted on a year-for-year basis.
· Graduate degree or Master of Business Administration from an accredited college or university with a specialization in Accounting, Finance, Public Administration, Public Finance, Computer Science or Math.
· Previous experience issuing and/or analyzing municipal bonds.
· Previous experience performing financial modeling or other quantitative analysis.
Knowledge, Skills, and Abilities (KSAs)
· Knowledge of local, state, and federal laws and regulations relevant to debt management and compliance and of the principles and practices of public administration.
· Knowledge of financial analysis and examination procedures for regulated entities, of financial and industry terminology and practices, and of statistical analysis, including analyzing bond transactions, associated costs, and debt service.
· Skills in using Microsoft Office programs such as Word, Excel, and Access.
· Skills in use of internet, email, word processing, spreadsheet, presentation, and database software.
· Skills in the use of a computer and applicable software and in data modeling.
· Ability to adhere to work schedules, follow procedures with respect to leave and submit accurate timesheets by prescribed deadlines.
· Ability to make mature, objective decisions and identify areas of potential problems.
· Ability to perform effectively and willingly when changes occur in scope and nature of the work and work environment.
· Ability to perform routine and non-routine work assignments accurately and on-time with little or no supervision.
· Ability to perform assigned duties and improve work habits and/or output.
· Ability to complete assigned work, on time, neatly and with infrequent errors.
· Ability to interpret policies, procedures, and regulations.
· Ability to provide prompt, courteous and accurate assistance and clear and concise communication to internal and external stakeholders both verbally and in writing.
· Ability to work and cooperate with others in a team environment.
· Ability to manage multiple tasks.
· Ability to stand/sit/move with no physical limitations or aids to perform activities such as retrieve/replace files in a large file system for boxes up to 30 lbs.
· Ability and willingness to travel 5% of the time, primarily within the State of Texas.
· Ability to operate a vehicle (state or personal) for state business and maintain a driver’s license and driving record that complies with state and agency requirements.
· Ability to train others.
· Ability to administer financial processes and systems.
· Ability to perform and interpret numerical analyses.
· Ability to interpret statutes.
· Ability to analyze, evaluate, and summarize financial and management records for accuracy and conformance to procedures, rules, and regulations.
· Ability to prepare reports and correspondence regarding findings.
Please see complete job description at http://www.twdb.texas.gov/jobs/index.asp
Posted: December 03, 2019