RRC - Finance Budget Director

Job Posting : Budget Director

The Railroad Commission of Texas is seeking a Budget Director with working knowledge of Texas state budget and financial reporting. The budget director position is responsible for the budgeting, general ledger, and financial reporting operations of the Commission, including the production of periodic financial reports, maintaining an adequate system of accounting records, and implementing a comprehensive set of controls and procedures to ensure the accuracy and timeliness of financial information. The successful applicant should possess strong expertise in managing monthly financial close processes, monitoring entity-wide budget and providing multi-level financial analysis on expenses and revenue.

This position reports directly to the Chief Financial Officer and provides supervision of the Budget Department and the Financial Reporting Team. The Budget Director is responsible for the Commissions Operating Budget, Annual Financial Report and Fiscal Notes. The position assists the CFO in developing the Commissions Legislative Appropriations Request and required supplemental appropriation needs.

This position works closely with key internal decision-makers, providing timely, accurate, and well-communicated budget and management information that is needed to effectively plan, allocate, implement, and control programs, services, and staffing levels to achieve the goals and objectives consistent with the agency's strategic plan. Provides support to the Chief Financial Officer to assist with making key financial decisions.

Essential Job Functions

• Managing the monthly production of the financial statements and reports.
• Managing financial analysis to identify cost drivers and opportunities for cost-saving.
• Presenting technical information in broadly understandable terms through presentations and in writing to the CFO, Commission staff, and the Commissioners as needed.
• Reviewing, analyzing, and interpreting Government Accounting Standards Board Statements and Comptroller of Texas Accounting Policy Statements.
• Developing, reviewing, and presenting the Governors Office of Budget and Legislative Budget Board Operating Budget, Internal Annual Operating Budget, and Annual Financial Report.
• Provides senior-level leadership in budget planning, oversees the development of establishing goals and objectives.
• Responsible for leading key budget activities, including agency fiscal note responses and agency supplemental needs requests.
• Oversees the daily operations and activities of the Budget and Financial teams.
• Plans, assigns, and supervises the work of staff. Provides guidance to staff in the development and implementation of operating budgets.
• Ensures projections are incorporated into agency and division budgets as appropriate.
• Projects, analyzes, and reports available departmental funding by methods of finance using complex financial models and incorporating appropriate indirect cost rates.
• Oversees the preparation of and reviews / analyzes financial reports related to funds, reimbursements, fees, appropriated receipts, and other fund areas as assigned for review by management.
• Reviews and approves operating procedures and processes that implement agency policies and reviews operations to identify needed changes and makes recommendations to improve operations.
• Oversees the development, coordination, preparation, completion, implementation, and submission of the agency's Mid-Year Budget Review.
• Reviews draft appropriation requests; makes necessary revisions for accuracy and conformance with instructions; and assembles into five-year budgetary schedules to include Strategy Requests, Sub-strategy Requests, Exceptional Item Requests, and other required supporting schedules.
• Prepares, reviews, and analyzes cost estimates and fiscal notes for proposed legislation.
• Reviews fiscal impacts of proposed rules for adoption.
• Responds to budgetary inquiries from the legislature, Governor's Office, state and federal agencies, and the Legislative Budget Board.
• Manages and develops staff through training, performance appraisals, and consultation.
• Performing additional duties as assigned.

Qualifications

Minimum Qualifications :

Preferred Qualifications :

Work Hours

Standard office hours for Commission employees are 8 : 00 a.m. to 5 : 00 p.m., Monday through Friday. Our agency offers alternate schedules for employees, as long as it does not adversely affect operations and service levels, and standard hours of operation are maintained. The Commission may also offer telework based on the agencys approved Telework Plan. Alternate work schedules may be discussed with the hiring manager during the interview process.

Applications submitted through Work In Texas : Work In Texas (WIT) applicants must complete the CAPPS Recruit Prescreening Questionnaire to be considered for the posting.