Director of Asset Management

Location: Austin, TX

About the role

The Director of Asset Management works under the direction of the Director of Strategic Operations and provides strategic, operational, and financial leadership for the agency's Asset Management Office (AMO). This role oversees planning, coordination, and execution of asset management activities, including inventory, asset disposition, policy development, and reporting. The Director ensures compliance with applicable federal and state laws, State Property Accounting guidelines, comptroller requirements, and agency policies, and generally accepted accounting principles. The Director ensures that asset records are accurate, complete, timely, auditable, and aligned with financial reporting and operational needs.

The Director oversees the Asset Management Office budget, monitors expenditures, evaluates financial and operational reports, identifies trends and risks, and recommends improvements to strengthen accountability, internal controls, cost effectiveness, and statewide consistency. The position supervises professional and managerial staff and collaborates with internal divisions, external partners, and oversight entities to support agency goals. The position works under minimal supervision, with considerable latitude for the use of initiative and independent judgment.

Responsibilities

• Directs and oversees the operations of the AMO, including asset accounting. Establishes goals, priorities, and performance expectations for the office that align with agency objectives and support accurate financial and property accounting.
• Leads planning, implementation, and continuous improvement of asset management operations to ensure efficiency, cost effectiveness, accountability, and regulatory compliance.
• Directs the planning and execution of HHSC's annual physical inventory process for a complex, statewide asset portfolio spanning more than 400 locations across Texas, in coordination with internal divisions and external stakeholders.
• Ensures asset accounting activities are performed in accordance with applicable accounting principles, agency policies, state property accounting guidelines, comptroller requirements, and state and federal laws.
• Directs the review, reconciliation, and correction of asset records to ensure accuracy, completeness, and consistency between management records, financial records, inventory results, and required reports.
• Reviews and evaluates accounting and asset documentation to ensure appropriate controls, approvals, supporting documentation, and audit trails are maintained.
• Submits the agency's annual inventory certification to CPA.
• Provides oversight and guidance for asset disposition activities, including surplus, salvage, recycled, and lost or stolen property.
• Leads and directs staff responsible for disposition activities to ensure practices comply with applicable state statutes, federal requirements, and agency policies throughout the asset life cycle.
• Reviews disposition data and processes to ensure appropriate controls, documentation, and reporting are in place.
• Develops, reviews, and uses financial and operational reports to monitor agency asset activity, inventory progress, compliance status, disposition trends, corrective actions, and budget performance.
• Recommends process improvements, policy changes, system enhancements, or resource adjustments to strengthen accountability, fiscal stewardship, and operational performance.
• Interprets and applies federal and state laws, rules, regulations, accounting requirements, state property accounting guidance, comptroller requirements, and agency policies related to state property.
• Oversees the AMO budget, monitors expenditures, and ensures resources are used effectively to support program operations.
• Reviews financial and operational reports to assess performance, identify trends, and inform leadership decision-making.
• Communicates asset management, property accounting, inventory, disposition, compliance, budget, and performance information to agency leadership, fiscal offices, program areas, internal divisions, external partners, and oversight entities.
• Prepares and delivers high-level reports, briefings, presentations, and recommendations regarding asset status, inventory performance, financial impacts, compliance trends, operational risks, and corrective actions.
• Represents the agency at meetings, workgroups, trainings, conferences, or external forums related to asset management, property accounting, state property requirements, and related business functions.
• May review proposed legislation, policy changes, or oversight requirements and analyze potential operational, financial, or compliance impacts related to asset management.
• Supervises and develops professional and managerial staff and provides oversight of contracted asset management personnel. Assigns work, establishes priorities, and sets clear performance expectations.
• Coaches and mentors staff, conducts performance evaluations, supports employee development planning, and carries out related human resources activities including hiring and promotions.
• Provides oversight of subordinate managers to ensure consistent application of standards, contract requirements, and accountability.

Requirements

• Graduation from an accredited four-year college or university with major coursework in accounting, finance, business administration, public administration, management, or a related field. Relevant professional experience in accounting, governmental accounting, property accounting, asset management, inventory management, financial operations, or closely related work may substitute for education on a year-for-year basis.
• Three years of progressively responsible experience in accounting, governmental accounting, property accounting, asset management, financial operations, inventory management, or closely related work.
• Experience with capital assets, controlled assets, property accounting, asset records, inventory reconciliation, depreciation, capitalization, asset transfers, asset disposition, or financial reporting related to assets.
• Experience interpreting and applying policies, procedures, laws, rules, regulations, accounting standards, or internal controls related to financial operations, property accounting, state property, inventory, or asset management.
• Experience reviewing or analyzing financial, accounting, inventory, operational, compliance, or performance reports to identify discrepancies, risks, trends, or corrective actions.
• Three years of supervisory, managerial, or leadership experience, including assigning work, setting priorities, monitoring performance, and providing guidance to staff.

Skills

• Knowledge of local, state, and federal laws, rules, and regulations related to asset management and state property.
• Knowledge of generally accepted accounting principles and procedures affecting accounting records, financial reporting, automated accounting systems, and asset accounting.
• Knowledge of governmental accounting, fiscal programs, budget control methods, financial administration, fiscal accounting, and laws and regulations pertaining to financial operations.
• Knowledge of state property requirements, State Property Accounting guidelines, Comptroller requirements, capital asset accounting, controlled asset reporting, inventory, depreciation, capitalization, transfer, reconciliation, and disposition practices.
• Knowledge of internal controls, audit standards, documentation requirements, risk assessment, reconciliation methods, compliance monitoring, and corrective action practices.
• Knowledge of public administration, program management, strategic planning, resource allocation, performance measurement, and organizational leadership.
• Skill in directing asset management, property accounting, inventory, disposition, reconciliation, reporting, and compliance functions.
• Skill in analyzing financial, accounting, operational, inventory, and performance data to identify discrepancies, trends, risks, control weaknesses, and improvement opportunities.
• Skill in developing, implementing, evaluating, and improving policies, procedures, internal controls, reporting tools, and business processes.
• Skill in reviewing and interpreting financial reports, asset reports, inventory results, reconciliation data, exception reports, and audit-related documentation.
• Skill in budget development, fiscal monitoring, expenditure review, resource planning, and financial stewardship.
• Skill in communicating complex accounting, asset management, compliance, and operational information clearly to leadership, staff, program areas, fiscal partners, and external stakeholders.
• Skill in leading managers and professional staff, setting priorities, resolving problems, and managing competing deadlines in a complex statewide environment.
• Ability to direct and organize statewide asset management and property accounting operations.
• Ability to interpret and apply accounting principles, state property requirements, laws, rules, regulations, and agency policies to complex asset management issues.
• Ability to ensure accurate, timely, complete, and compliant asset records, inventory results, reconciliations, reports, and supporting documentation.
• Ability to evaluate alternatives, identify risks, implement effective solutions, and recommend improvements to strengthen accountability and internal controls.
• Ability to plan, coordinate, and oversee large-scale inventory, reconciliation, reporting, and disposition activities across multiple locations, programs, and stakeholders.
• Ability to develop and evaluate agency policies, procedures, standards, controls, and performance measures.
• Ability to prepare concise reports, briefings, recommendations, and executive-level communications.
• Ability to supervise, coach, develop, and evaluate the work of managers, professional staff, and contracted personnel.

Preferred Qualifications

• Experience with State of Texas property accounting, State Property Accounting guidelines, Comptroller requirements, CAPPS Financials, statewide inventory, or agency asset management systems.
• Experience leading large-scale inventory, reconciliation, or asset reporting activities across multiple locations, programs, or business areas.
• Experience in governmental accounting, public-sector financial operations.

Benefits

Our comprehensive benefits package includes 100% paid employee health insurance for full-time eligible employees, a defined benefit pension plan, generous time off benefits, and numerous opportunities for career advancement. Explore more details on the Benefits of Working at HHS webpage.

Pay

Salary Range: $6,377.50 - $9,583.30 per month

Schedule

• Full-time
• Day shift
• Travel: Up to 20%