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Financial Reporting Supervisor

Texas State Agency Business Administrators Association

Financial Reporting Supervisor

The Employees Retirement System of Texas offers competitive benefits to enhance the lives of its members. Each team member across the agency contributes to our ongoing success. ERS is open for business five days a week, 8:00 am to 5:00 pm, to meet customers where they need us: in person, on the phone, in their communities, and online. ERS currently offers opportunities that include flexible work schedules.

ERS is seeking a Financial Reporting supervisor to perform highly advanced (senior-level) financial and accounting work in the Finance Division. Serves as the Supervisor of the Financial Reporting Team. Work involves preparing and overseeing the preparation of financial analyses and reports; establishing, maintaining, and overseeing accounting systems, procedures, and controls; and preparing and assisting in preparation of the ERS Annual Comprehensive Financial Report (ACFR). Works under minimal supervision of the Assistant Director of Finance with extensive latitude for the use of initiative and independent judgment.

Essential Responsibilities include, but are not limited to:

  • Supervises and leads the work of the Financial Reporting Team functions: assigns and monitors work; sets performance standards; conducts employee evaluations, trains or coordinate employee development; and counsels staff regarding work rules and policies.
  • Coordinates and oversees the analysis of financial data and general ledger activities for funds administrated by ERS, including capital assets, leases and subscriptions reporting, and cost accounting
  • Coordinates general ledger activities and responds to routine or ad hoc requests for other ERS divisions, the State Comptroller, and external auditors.
  • Develops and reviews policies and procedures for the Financial Reporting team in accordance with GAAP and good internal control practices.
  • Analyzes and prepares reports on the allocation and status of state and federal funds
  • Serves as a back-up for key functions of the division, such as providing general ledger balances for budget reporting, coordinating with property management teams to prepare executive level reporting, and preparing certain IRS required reporting
  • Remain up to date with Governmental Accounting Standards Board (GASB) pronouncements and evaluate necessary process and structure changes to ensure ongoing compliance.
  • Assists in monthly, quarterly, annual, and biennial reports in accordance with the guidelines and requirements published by the Comptroller of Public Accounts and oversight agencies including:
    • ERS Annual Comprehensive Financial Report (ACFR)
    • Reports submitted to the Legislative Budget Board and Governor's Office, e.g., Legislative Appropriations Request, Operating Budget, and Base Reconciliation.
    • Fiscal certifications.
    • Other special internal and external projects and reports as required.

Other Duties and Responsibilities:

  • Remain current on generally accepted accounting principles (GAAP) and Comptroller of Public Accounts (CPA) standards and requirements.
  • Remain current on legislative changes that affect management of ERS funds.
  • Participates in the functional design, development, and improvement of financial systems and applications. Consults with Information Technology staff for impact, training, and delivery of financial systems.
  • Performs other duties as assigned.

Required Minimum Qualifications:

  1. Seven (7) years of experience in accounting, financial analysis, or other related experience is required. Work related experience must include creating general ledger entries and generating financial reports. (income statement, balance sheet, cash flow, etc.)
  2. Four (4) years of experience maintaining an accounting system. (e.g., chart of accounts, profiles, batch jobs, report development) Maintaining an accounting system is experience with implementing new general ledger accounts, implementing new combination edits, and implementing accounting coding for new processes.
  3. Four (4) years of supervisory or team-lead experience.

Preferred Qualifications:

  1. Experience with GASB/FASB implementation and compliance.
  2. Experience with CAPPS Financials.
  3. Accounting experience with a Texas state agency or a Texas university and/or experience with the Uniform Statewide Accounting System (USAS).

Please note: All submissions should contain complete job history entries, which includes job title, dates of employment, name of employer, and a description of duties performed as related to the position you are applying for. Resumes lacking sufficient detail, such as a summary of experience in lieu of progression of work history may not meet minimum qualifications.

Other Information: In accordance with state law, authorization for telework may not be awarded to an employee as a condition of hiring. As an agency process, new employees complete a 30 day fully onsite period before evaluation for a telework agreement. This position may require access to privileged, confidential, or sensitive data. ERS will conduct either a TXDPS or FBI criminal history check on all new hires. For more information about this policy inquiries can be made to View email address on click.appcast.io. Please note: Internal applicants in the same salary group and classification as the posted position are eligible to receive an increase in salary where applicable up to the posted maximum.

ERS does not sponsor or assume sponsorship of an employment visa at any time.

Military Occupational Specialty Codes:

Veterans, Reservists or Guardsmen with experience in the Military Occupational Specialty along with the minimum qualifications listed above may meet the minimum requirements and are highly encouraged to apply. Please contact Human Resources at View email address on click.appcast.io with questions or for additional information.

How to Apply: Interested in joining the ERS team? Apply online through the CAPPS Careers website by completing and submitting the State of Texas Application for Employment.

  • Once your profile is complete, click on "View All Jobs" to view available career opportunities and submit your application.
Vacancy posted 4 days ago
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