Financial Analyst I or II

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 Budget & Forecasting Analyst. Come join our team at our beautiful 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 diverse workforce of over 13,000 employees statewide. If you want to build an exciting career, let's talk!

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

The Texas Department of Transportation reserves the sole right to determine the level of position based on the applicant’s work experience, education, skill level, and all other appropriate factors, and based on business needs.

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)

Financial Analyst I:

Performs complex financial analysis and/or budgetary related work. Work involves compiling, reviewing, analyzing, and evaluating financial data; preparing reports and responding to inquiries; and recommending appropriate action to administer or resolve regulatory or financial/budgetary related activities or problems. Work requires contact with executives, governmental officials and private entities. Employees at this level establish their own work plan and priorities to meet set objectives. Issues are rarely referred to the supervisor but are handled at the occurrence.

Financial Analyst II:

Performs advanced and complex financial analysis and/or budgetary related work. Work requires contact with executives, governmental officials and private entities. Develops and maintains comprehensive sources of examination-related policies and procedures. Integrates conflicting programmatic and financial objectives into recommendations for agency management. Works under limited supervision, with considerable latitude for the use of initiative and independent judgment.

Essential Duties:

Financial Analyst I:

• Analyzes financial data, information, and applicable business, financial, and/or regulatory plans.
• Ensures compliance with established procedures, requirements, laws, and regulations; completeness of data; and presence of adequate documentation.
• Monitors and coordinates cash management financial reviews, including accumulation of data, financial modeling, reporting, and monitoring of responses.
• Performs financial analysis scenarios, such as project payouts and revenue simulations using financial modeling software.
• Evaluates and monitors agency revenues, expenditures, and obligations.
• Processes information by auditing and verifying financial data.
• Reviews and tracks economic trends and expense/revenue fluctuations.
• Research fiscal impacts of state and federal legislative changes and/or initiatives.
• Provide ongoing review of forecast process and methodology and identifies potential enhancements and efficiencies.
• Performs related work as assigned.

Financial Analyst II:

All of the above and:

• Administers systems developed/maintained to oversee regulated entities and department programs.
• May serve as a lead worker for projects or programs.
• Represents the agency to financial and industry representatives and governmental officials. May be required to travel to perform this function.

Minimum Qualifications:

Financial Analyst I:

Education: Bachelor's Degree in Accounting, Finance, Economics, Business, Public Administration or related Mgmt. Relevant work experience may be substituted for degree on a year per year basis. Substitutions for Minimum Qualifications

Experience: 2 years financial analysis work. (Experience can be satisfied by full time or prorated part time equivalent).*

Financial Analyst II:

Education: Bachelor's Degree in Accounting, Finance, Economics, Business, Public Administration or related Mgmt. Relevant work experience may be substituted for degree on a year per year basis. Substitutions for Minimum Qualifications

Experience: 3 years financial analysis work. (Experience can be satisfied by full time or prorated part time equivalent).*

*Relevant work experience may be substituted for degree on a year per year basis OR related graduate level education may be
substituted for experience on a year per year basis.

Licenses and Certifications: Valid driver’s license. This position requires driving a state vehicle.

Competencies:

Knowledge of:

• Financial analyses and examination procedures for regulated entities, of financial and industry terminology and practices, and of statistical analysis.
• Required technical skills using the following systems: Microsoft 365 (Teams, Planner, SharePoint), similar to PeopleSoft, OneStream, Tableau etc., advanced skill/proficient in MS Excel, and financial reporting and data modeling.

Ability to:

• Perform and interpret numerical analyses
• Follow and interpret statutes
• Analyze and summarize financial and management records for accuracy and conformance to procedures, rules, and regulations
• Prepare reports and correspondence regarding findings
• Communicate effectively; and to provide guidance to others
• Follow verbal and written instructions
• Follow applicable safety standards, practices and procedures
• Protect sensitive and confidential information
• Work successfully from a remote location

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)

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

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