OAG - Fiscal Management and Ext Report | Financial

The OAG is a dynamic state agency with over 4,000 employees throughout the State of Texas. As the State's law firm, the OAG provides exemplary legal representation in diverse areas of law. The Fiscal Management and External Reporting (FMER) Division provides direction and guidance in strategic operations and strategic planning for the agency’s external reporting requirements and ensures that all fiscal management and reporting activities are conducted legally and ethically.

About the role

This position serves as an Appropriations Manager for FMER and performs advanced (senior-level) financial analysis and regulatory work. Work involves administering financial processes and systems; reviewing, analyzing, and evaluating financial data; preparing reports and responding to inquiries; and recommending and approving appropriate action to resolve financial and regulatory problems.

Unusual Working Conditions: During the biennium, critical target dates for the completion of work projects or gathering information to respond to questions from internal management, other state agencies, or state legislators may require the need to work extra hours. This position may be eligible for a flexible/hybrid work schedule if certain conditions are met; working arrangements may change at any time as business necessitates.

Responsibilities

Financial Analyst II

• Performs highly complex (senior-level) financial analysis and regulatory work
• Responsible for the OAG's appropriations management functions, including but not limited to:
  • Monitoring appropriation balances in a legal and ethical manner at all times and in compliance with fiscal policies and procedures and Comptroller of Public Account's directives
  • Establishing and processing cost allocations on the Uniform Statewide Accounting System (USAS)
  • Analyzing and reconciling OAG appropriations on USAS to external and internal reporting of method of financing and expenditures, taking appropriate action to resolve reconciling differences
• Performs financial analysis, including accumulation of data, financial modeling, and financial reporting; prepares and submits:
  • Quarterly and annually binding encumbrance and payables reports
  • Quarterly Automated Budget and Evaluation System for Texas (ABEST)/USAS reconciliation and evaluation of financial data
  • Annual appropriation allocation
• Performs project cost accounting, processing, and evaluating accounting system data using multiple sources; coordinates the preparation of the agency indirect cost plans by:
  • Gathering and analyzing statistical information
  • Reconciling expenditures against the OAG’s annual financial report
  • Assisting in the negotiation of the indirect cost rate with appropriate federal agency
• Serves as project lead, coordinates, and assists in preparing the agency's Legislative Appropriations Request and Published Operating Budget and prepares various schedules ensuring compliance with established procedures, requirements, laws and regulations, completeness of data, and support documentation
• Responds to inquiries for information from the Legislative Budget Board, Comptroller’s Office, and various other governmental entities regarding method of finance, appropriation expenditures, USAS technical questions, etc.
• Maintains relevant knowledge necessary to perform essential job functions
• Attends work regularly in compliance with agreed-upon work schedule
• Ensures security and confidentiality of sensitive and/or protected information
• Complies with all agency policies and procedures, including those pertaining to ethics and integrity
• Performs related work as assigned

Financial Analyst III

• All of the above essential position functions for a Financial Analyst II, plus:
• Performs advanced (senior-level) financial analysis and regulatory work

Requirements

Financial Analyst II

• Education: Graduation from high school or equivalent
• Education: Bachelor's degree from an accredited college or university; experience in the following (or closely related) fields may be substituted for the required education on a year-for-year basis: accounting, auditing, budget preparation/analysis, financial, statistical analysis
• Experience: Six years of full-time experience working in the following (or closely related) fields: accounting, auditing, budget preparation/analysis, financial, statistical analysis, business, public administration
• Knowledge of generally accepted accounting principles or budget practices and procedures
• Knowledge of state and federal laws and regulations relevant to the budget process; and of the principles and practices of public administration and management
• Skill in the use of a computer for word-processing, data entry/retrieval, and spreadsheet software, with proficiency in Microsoft Word and Excel
• Skill in handling multiple tasks, prioritizing, and meeting deadlines
• Skill in effective oral and written communication
• Skill in exercising sound judgment and effective decision making
• Ability to administer financial processes and systems; to perform and interpret numerical analyses; to interpret statutes; to analyze, evaluate, and summarize financial and management information

Benefits

OAG employees enjoy excellent benefits. View benefits at a glance.