Financial/Accounts Receivables Team Lead
Home to SXSW, Austin City Limits (ACL), and glorious natural springs and parks, Austin, Texas, is one of the fastest-growing areas in the United States, as well as the Live Music Capital of the World. Austin is the historic state capital of Texas and is the location of the Texas Department of Transportation Headquarters. TxDOT’s Financial Management Division is seeking a leader with advanced accounting, financial, technical, and business support services experience and strong interpersonal skills to serve as its Financial/Accounts Receivables Team Lead in the Federal Billing and Project Funding Branch. The ideal candidate has experience managing accounts receivables from a variety of entities across many construction projects, is an effective communicator and relationship builder, is very tech savvy, and possesses the ability to timely and accurately report on the accounting, financial, technical and operational activities of a multi billion-dollar entity. Apply here: https://fa009.taleo.net/careersection/ex/jobdetail.ftl?job=2400540
Stassney Campus:
https://youtu.be/u42vEZacDgA
At TxDOT we value employee work-life-balance. In keeping with our commitment to this value our employees benefit from a wide array of programs and activities that include telework, flexed and compressed work schedules, wellness leave incentive, in-house fitness program, robust career development programs, tuition assistance, and various other benefits. For a complete list of our total compensation package please visit our website at: https://ftp.dot.state.tx.us/pub/txdot-info/hrd/careers/hidden_benefits.pdf
The Texas Department of Transportation reserves the sole right in determining the level of position based on the applicant’s work experience, education, skill level, and all other appropriate factors, and based on business needs.
Minimum Salary
: 70,000.00
Maximum Salary
: 85,000.00
Pay Basis
: Yearly FLSA Status: Exempt
Work Locations
: Stassney Hq – Main
6230 East Stassney Lane
Austin 78744
Travel
: Yes, 5 % of the Time Shift: Day Job Shift Details: Monday-Friday – 40 hours Location Flexibility: Hybrid Location Flexibility Details: Up to 4 days telework after an initial onboarding period.
Benefits and Perks
At TxDOT, we value employee work-life balance. In keeping with our commitment to this value, our employees benefit from a wide array of programs and activities that include:
- Low Turnover
- Retirement Pension
- Alternative Work Schedules
- Paid Leave/Holidays
- Health Premiums paid at 100% for full-time employees
- On the Job Training
- Tuition Assistance Program
- Comprehensive Wellness Program/Wellness Leave Incentives
- Career Development Programs/Opportunities for advancement
For a complete list of our total compensation package please visit our website at: Total Compensation Package
To view benefits available to all State of Texas employees visit: Benefits at a Glance | ERS (texas.gov)
Position Description
Position serves as lead worker which oversees, coordinates and performs various accounting related activities, including but not limited to managing the accounts receivable from various state and local entities in relation to TxDOT construction projects, serving as the point person with internal and external audits and IT project implementations in the Financial Management Division. Leads a group of professional employees, provides the guidance and sets the proper deadlines for project agreements, billings, audits and other important tasks. Reports directly to the Federal Billing & Project Funding Manager. Implements, coordinates, and ensures compliance with laws, regulations, polices, and procedures pertaining to federal, state and local programs. Work requires contact with governmental officials, divisions, districts and private entities and auditors at various management levels. Employees at this level are virtually self-supervising and assume direct accountability for the work product.
Essential Duties:
- Serve as team lead and subject matter expert for the Statewide and Local Receivables Team. Represents the branch in meetings, workgroups and provides assistance/guidance to districts, divisions and statewide program offices.
- Oversee and ensure timely and accurate project-related revenues, expenditures, funding allocations and other transactions resulting from the execution of TxDOT Advanced Funding Agreements with the State and Local entities (cities, counties, etc. ), as well as third parties.
- Examines accounting and source documents for accuracy, completeness and compliance with departmental and state rules, regulations and agreements.
- Investigates and reconciles complex accounting discrepancies.
- Administer internal and external audits of statewide and local receivable balances, project reconciliations and financial reports, etc. throughout the fiscal year and end of year reconciliation.
- Ensure accuracy and timely completion of all audit activities, including coordination of meetings, data/documentation inquiries and addressing questions regarding data, processes and/or procedures. Evaluate, improve, and develop internal controls to mitigate risk of non-compliance.
- Oversee complex accounting activities such as the processing of summary journal vouchers for funding & expenditures adjustments, analyzing/reconciling local receivables quarterly, and coordinating of year end requests and activities to support key stakeholder and preparation of annual financial reports.
- Research and prepare responses to local receivable inquiries, notifications, legislation, and ad-hoc requests in a timely, clear, and concise manner. Coordinates responses with the Financial Management Division, auditors, TxDOT district/division offices, state and local entities, as needed.
- Evaluate, update, and develop Local Receivables procedure documents, at least annually, to ensure staff, district & division offices are in compliance with laws, regulations, policies, procedures, and standards pertaining to projects.
Minimum Qualifications:
Education: Bachelor’s Degree in Accounting or Business-related discipline. Relevant experience may be substituted for education on a year per year basis. Undergraduate and/or advanced degree is highly preferred.
Experience: 5 years accounting, bookkeeping, payroll, auditing experience. (Experience can be satisfied by fulltime or prorated part-time equivalent).
Competencies:
Extensive Knowledge of –
- Grant, fund and cost accounting principles and procedures
- Project and revenue accounting and compliance
- Revenue deposit procedures
- Auditing and investigative methods, practices and procedures
- Generally accepted accounting principles, procedures and terminology
- Applicable laws, rules, and regulations
Expert Skill in –
- Researching, analyzing, and interpreting policies and state and federal laws and regulations specific to functional area
- Administrative support practices and procedures to include writing, editing and report writing techniques, recording meeting notes, record keeping and records management
Proficient skill in –
- Analyzing contracts and agreements with multiple parties and payment structure
- Maintaining effective working relationships with individuals and groups, both internal and external
- Using basic mathematical fundamentals
- Leading, assigning, reviewing, and monitoring the work of others
- Analyzing and organizing business and technical data
- Preparing and maintaining confidential and sensitive records, files and reports
- Interpreting applicable information
- Exercises logic and reasoning to define problems, establish facts and draw valid conclusions
Physical Requirements and Working Conditions:
- Sedentary work: Lift up to 10 lbs at a time and occasionally carry files/small tools
- Standing-prolonged periods of time
- Repetitive Motion-substantial movements of the wrists, hands, and/or fingers
- Close Visual Acuity-work includes data/figures; view a computer screen; extensive reading
Conditions of Employment:
Please click this link to read the standard conditions of employment for all positions: Standard Conditions of Employment (TxDOT)
Job
: Finance/Accounting
Schedule
: Full-time
Employee Status
: Regular
Job Type
: Standard
Job Level
: Non-Management
Job Posting
: Feb 8, 2024, 7:56:59 AM
Unposting Date
: Ongoing
State Job Title/s: Accountant VI State Job Code/s: 1022
Military Occupational Specialty (MOS)
TxDOT is committed to hiring veterans. To assist in determining whether your military experience may pertain to the minimum requirements for this position, Military Occupational Specialty (MOS) codes from each branch of the U.S. Armed Forces have been assigned to each state classification code/title where applicable. The MOS codes are grouped by occupational category.
To view the MOS codes please click on link below and click on the appropriate occupational category. Above the EEO/ADA field on job description page
https://hr.sao.texas.gov/CompensationSystem/JobDescriptions
Applicant Information
The Texas Department of Transportation is an Equal Opportunity/Affirmative Action Employer, and does not tolerate discrimination in the workplace. We are committed to a diverse and inclusive workplace. All employment is decided on the basis of qualifications, merit and business need.
If requested, reasonable accommodations will be made for persons with disabilities for any part of the employment process in accordance with the Americans with Disabilities Action of 1990.