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Finance/Accounting Specialist III – (2500590)

Mar 13, 2025

Texas Department of Transportation

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 an Accounting Specialist III. Come join our team at our beautiful, new Stassney campus in Austin, where you will enjoy covered employee parking, walking trails, on-site fitness center, coffee bar, and on-site cafeteria. We have a workforce of over 13,000 employees statewide. If you want to build an exciting career, let’s talk!  APPLY HERE.

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 flexed and compressed work schedules, wellness leave incentive, in-house fitness center, 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

Stassney Campus: https://youtu.be/u42vEZacDgA

 

Minimum Salary

: 63,000.00  

Maximum Salary

: 68,000.00    

Pay Basis

: Yearly  FLSA Status: Nonexempt 

Work Locations

: 

Stassney Hq – Main 
6230 East Stassney Lane 
 Austin 78744

Travel

: Yes, 5 % of the Time Shift: Day Job  Shift Details: 40

Benefits and Perks

At TxDOT, we value work-life balance and are committed to providing our employees with a comprehensive range of benefits and programs, including:

  • Retirement Plans
  • Alternative and/or Flexible Work Schedules
  • Paid Leave and Holidays
  • Health Premiums paid at 100% for Full-Time Employees
  • On-the-Job Training
  • Tuition Assistance Program
  • Holistic Wellness Program with Leave Incentives
  • Career Development and Advancement Opportunities
  • Family-Friendly Policies and Programs

In 2024, TxDOT was recognized as a Best Place for Working Parents, and many of our offices statewide are also designated as Texas Mother-Friendly Worksites. These recognitions reflect our dedication to supporting families and promoting a healthy work-life balance.

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

TxDOT Finance is seeking a highly skilled and detail-oriented Accounting Specialist III to join our team. This position will focus on reviewing and analyzing project overruns, preparing Modified Project Agreements (MPAs), and ensuring the accuracy of PSFT records and federal funding adjustments. The ideal candidate will have a thorough understanding of federal funding processes and regulations, with the ability to maintain accurate records, troubleshoot issues, and assist with various accounting-related duties. The Accounting Specialist III will be expected to handle these following responsibilities with a high level of accuracy and professionalism while meeting deadlines and providing support across various departments.

Essential Duties:

  • Review and analyze federal overrun projects to prepare and submit adjustments for additional federal funding, ensuring maximum reimbursement and timely submission. Update PSFT Project Costing records and the FHWA FMIS system with MPA (Modified Project agreement) information via data entry into state system FAFOS.
  • Analyze projects to determine if MPAs are necessary, if adjustments to PSFT (Peoplesoft) funding records are required, or if no changes are needed.
  • May approve MPAs for project overruns, ensuring compliance with FHWA rules, regulations, and availability of federal funds.
  • Ensure that non-participating costs are accounted for, prorated flags are considered, and no unexpended federal funds remain on other sources when approving MPAs.
  • Process PSFT summary journal vouchers (SJVs) to move expenses between components and modify PC funding records with high accuracy and within agreed timelines.
  • Assist with miscellaneous duties within the Federal Adjustments & Special Projects section, including FHWA “Inactive Project Reviews” and the analysis of Over Distribution Limit (ODLs )related to Advanced Construction.
  • Troubleshoot and maintain the accuracy of PSFT PC funding records for federal projects, adjusting records as necessary to ensure accurate billing of receivables.
  • Provide support to other teams within the branch, ensuring tasks are completed within the established timeframe and with minimal errors.
  • Collaborate with Finance Accounting, Finance Letting Management, FHWA, and other divisions to meet workload demands and resolve issues efficiently.
  • May assist with system update testing and other process changes in the branch.

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. Substitutions for Minimum Qualifications 

Experience: 2 years accounting, bookkeeping, payroll, auditing experience. (Experience can be satisfied by full time or prorated part time equivalent).

Preferred Qualifications:     

  • Bachelor’s Degree in Finance or Accounting is highly preferred.
  • Proficiency in advanced Excel functions is highly preferred.

Competencies:

Extensive knowledge of –

  • Grant, fund and cost accounting principles and procedures
  • Project and revenue accounting and compliance
  • Revenue deposit procedures
  • Applicable computer operating systems and relevant applications
  • Auditing and investigative methods, practices and procedures
  • Generally accepted accounting principles, procedures and terminology
  • Bookkeeping practices and procedures
  • Applicable laws, rules, and regulations
  • Developing, implementing and monitoring project budgets

Expert skill in –

  • Performing statistical analysis
  • 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
  • Using standard office equipment
  • Preparing and maintaining confidential and sensitive records, files and reports
  • Interpreting applicable information
  • Using computers and applicable programs, applications, and systems

Other Attributes –

  • Exercises logic and reasoning to define problems, establish facts and draw valid conclusions; makes decisions that support business objectives and go

Physical Requirements and Working Conditions:

  • Sedentary work: Lift up to 10 lbs at a time and occasionally carry files/small tools
  • Sitting – 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

: Mar 4, 2025, 10:33:13 AM

Unposting Date

: Apr 3, 2025, 11:59:00 PM

State Job Title/s: Accountant III  State Job Code/s: 1016

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.

https://hr.sao.texas.gov/CompensationSystem/JobDescriptions

Applicant Information

The Texas Department of Transportation is an Equal Opportunity Employer.

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.

Please click this link to read the information for applicants: Additional Applicant Information