Financial Analyst II

About the role

Performs advanced (senior‑level) financial analysis and regulatory work for the Texas Department of Transportation (TxDOT). Works under minimal supervision with considerable latitude for initiative and independent judgment, developing and maintaining comprehensive examination‑related policies and procedures, and integrating conflicting programmatic and financial objectives into recommendations for agency management.

Responsibilities

• Prepare cash‑flow forecasts: develop and update short‑ and long‑term cash‑flow projections, incorporating revenue trends, expenditure patterns, and program requirements.
• Analyze financial data: review, evaluate, and interpret financial information to identify variances, trends, and potential impacts to TxDOT’s cash position.
• Perform reconciliations: reconcile financial data from multiple systems to ensure accuracy and completeness of forecasting inputs.
• Prepare reports: produce recurring and ad‑hoc financial reports, dashboards, and summaries for division leadership and agency stakeholders.
• Coordinate with internal partners: work with districts, divisions, and other financial units to gather data, validate assumptions, and support agency‑wide financial processes.
• Support compliance activities: apply knowledge of state appropriations, transportation funding mechanisms, and legislative requirements in financial analysis and reporting.
• Improve processes: identify opportunities to enhance forecasting methodologies, reporting workflows, and data management practices.
• Maintain documentation: ensure work products are audit‑ready and supported by clear, accurate documentation.

Minimum Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, Business, Public Administration, or a related field (relevant work experience may be substituted on a year‑for‑year basis).
• Three (3) years of financial analysis experience (full‑time or prorated part‑time equivalent).
• Relevant work experience may substitute for the degree on a year‑for‑year basis, or related graduate‑level education may substitute for experience on a year‑for‑year basis.

Preferred Qualifications

• Undergraduate and/or advanced degrees are highly preferred.
• Advanced skills in Microsoft Excel, including pivot tables, formulas, and data visualization.
• Experience preparing financial forecasts or cash‑flow models.

Competencies

• Knowledge of governmental accounting, state appropriations, and transportation funding structures.
• Skill in financial analysis, data interpretation, and variance evaluation.
• Proficiency with financial systems and data extraction for analysis.
• Effective communication with both technical and non‑technical audiences.
• Ability to manage multiple priorities and meet deadlines in a fast‑paced environment.
• Collaborative work style with internal and external stakeholders.

Physical Requirements and Working Conditions

• Sedentary work; ability to lift up to 10 lb and occasionally carry files or small tools.
• Prolonged periods of sitting.
• Repetitive motions involving substantial wrist, hand, and finger movements.
• Close visual acuity required for data/figure review, computer screen work, and extensive reading.

Benefits

• 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 and tuition assistance program.
• Holistic wellness program with leave incentives.
• Career development and advancement opportunities.
• Family‑friendly policies; recognized as a Best Place for Working Parents and Texas Mother‑Friendly Worksite.

Position Information

Location: Austin, Texas – TxDOT Financial Management Division, new Stassney campus. The campus offers covered employee parking, walking trails, an on‑site fitness center, coffee bar, and cafeteria. Full‑time, non‑management position.