Finance Director - Transportation Projects

Position Information

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 financial, technical and business support services experience and strong interpersonal skills to serve as its Letting Management Section Director. The ideal candidate is an effective communicator and relationship builder, is very tech savvy, and possesses the ability to timely and accurately report on the financial, technical and operational activities of a multibillion-dollar entity.

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

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

Manages and directs the Letting Management Section of the Financial Management Division. Responsible for the Department's federal, state and local funding for the 2-year construction schedule; advises management and others on financial aspects of funding and scheduling of construction projects, and legislative requirements; responsible for financial and cost accounting systems, policies, procedures and reporting, federal billing and other revenue and grant accounting activities. Reports directly to the Financial Management Division Director. Work requires contact with high-level executives, federal, state and local agencies, independent auditors, financial institutions and advisors. Employees at this level are virtually self-supervising and assume direct accountability for the work product.

Essential Duties:

• Directs the development, administration and fiscal constraint of the Department's 2-year construction schedule including federal, state and local funds utilization as established annually by the
• Chief Financial Officer and in accordance with the agency's cash forecast.
• Oversees obligation of the agency's $5 billion annual federal-aid funding for construction and project advertisement in compliance federal and state regulations.
• Oversees timely and accurate processing of reimbursement billings to various federal transportation agencies, in compliance with regulations, policies and standards pertaining to federal-aid funding.
• Oversees various federal audits relating to funding grants, reimbursements, and billable costs. Ensure proper internal controls & procedures are implemented to mitigate risks and audit findings.
• Oversees PeopleSoft Project Costing module, ensuring timely and accurate processing of project transactions, funding distributions, and billings.
• Prepares timely financial, federal utilization, project scheduling and regulatory reports; advises management.
• Collaborate with district and division offices to implement funding strategies in support of senior leadership initiatives.
• Directs the planning, developing and recommending of funding & project programming guidelines, policies, and methodologies.
• Research complex fiscal matters, analyzes proposed legislation and implements procedures to support compliance of new federal, state and/or local funding regulations and policies.
• Maintains collaborative partnership with the Department's district and division leadership, Federal Highway Administration, Metropolitan Planning Organizations, by providing guidance on financial/funding matters.
• Cultivates relationships with other FIN directors and managers, to promote consistency in practices, alignment of shared initiatives, resources and data validation.
• Accurately and within established deadlines, complete other duties as assigned.

Minimum Qualifications:

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

Experience:

• 5 years fiscal management practices and procedures. (Experience can be satisfied by full time or prorated part time equivalent). Related graduate level education may be substituted for experience on a year per year basis.
• Must have 3 years supervisory/managerial experience. Project leader or lead worker experience may substitute for supervisory/managerial experience.

Preferred Qualifications:

• Bachelor's Degree in Finance or Accounting is highly preferred

Competencies:

Extensive knowledge of -

• Fiscal planning and management practices
• Project accounting/activity-based costing
• Federal funding techniques and grants management requirements
• Fund accounting principles and procedures

Considerable knowledge of -

• Auditing and investigative methods, practices and procedures
• Budgeting methods and procedures
• Legislative budget processes

Expert skill in -

• Developing, interpreting, and implementing policies, procedures, and technical information
• Speaking to present images and ideas in a clear, concise, organized, and interesting manner to optimize audience
  
  understanding and keep the group focused
• Analyzing issues, facts, and available information to develop logical solutions; researching inconsistencies of facts or data; drawing correct inferences from information and making recommendations that support business decisions
• Researching, analyzing, and interpreting policies and state and federal laws and regulations specific to functional area
• Public relations for maintaining effective working relationships with individuals and groups, both internal and external

Ability to -

• Communicate effectively

Other Attributes -

• Manages financial and personnel resources to achieve individual and organizational goals
• Exercises logic and reasoning to define problems, establish facts and draw valid conclusions; makes decisions that support business objectives and goals
• Delegates both routine and important tasks and decisions; shares authority but has ultimate accountability

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)