Aug 04, 2022

Texas PSF Corporation, Accounts Payable Accountant (Accountant VI)

$4,598 - $7,532 monthly
  • Texas Education Agency
  • 1701 Congress Avenue, Austin, TX 78701, USA
Full-time Accounting and Finance

Job Description

MISSION: Participate as a member of the team managing the Permanent School Fund assets in a sound and prudent manner for the benefit of all Texans.

On or after January 1, 2023, all Permanent School Fund positions will transfer from the Texas Education Agency to the Texas PSF Corporation, a recently formed special-purpose governmental corporation.  All staff benefits, including insurance and retirement, will remain with the Texas Employees Retirement System. All PSF staff participate in a performance incentive plan.

POSITION OVERVIEW: The Texas PSF (Corporation) is seeking a talented individual to join a team of professionals at the Texas Permanent School Fund Corporation in managing a $55 billion perpetual public fund endowment that helps finance the state’s public schools.

This position reports to the Director of Finance and is responsible for providing highly advanced accounting work within the Investment Finance function.  The Accounts Payable Accountant has primary responsibility for processing all vendor payments timely and accurately in the PeopleSoft-based Centralized Accounting and Payroll/Personnel System (CAPPS) and the Uniform Statewide Accounting System (USAS).

A successful candidate must be honest and ethical in all work; and recognize the requirements of confidentiality. 

The professional selected for this position will work under minimal supervision with extensive latitude for the use of initiative and independent judgment; and is expected to help the PSF meet its performance goals. 

Please note that a resume, tailored cover letter, and short answer responses are required attachments for applying to this position. Incomplete applications will not be considered. Additionally, applicants who are strongly being considered for employment must submit to a national criminal history background check.

Relocation assistance is not available for this position. 


  • Perform accounts payable functions. Audit administrative contract and non-contract invoices against contract/PO payment terms. Obtain division manager final invoice payment approval; process vouchers in CAPPS per State of Texas Prompt Payment guidelines. Provide timely customer service to internal and external stakeholders. Resolve invoice issues independently by researching in various systems and sources of information.
  • Lead on PO encumbrance cleanup. Follow up with division managers and lead PO encumbrance cleanup in preparation of the agency’s year-end binding encumbrance report.
  • Assist with year-end closing procedures, financial statement preparation and annual audit. Contribute to the preparation of the PSF portion of the Agency Annual Financial Report (AFR) and the PSF audited Annual Comprehensive Financial Report (ACFR). 
  • Other duties as assigned.


Education: Graduation from an accredited four-year college or university in Accounting, Business, Economics, Finance or equivalent.

Experience: Minimum of five (5) years of experience in accounts payable and accounting experience.  


  • Strong PC experience with financial databases and software applications including advanced Excel, Word and PowerPoint is required.  
  • Highly prefer experience using software packages such as the Uniform Statewide Accounting System (USAS), the PeopleSoft-based Centralized Accounting and Payroll/Personnel System (CAPPS), and Texas Identification Number System (TINS). 
  • Knowledge of fiscal programs; governmental accounting; budget control methods, policies, and procedures; and of laws and regulations pertaining to financial operations. 
  • Skill in mathematics, analytics, and in the use of computer software programs, particularly Word, Excel and PowerPoint.
  • Ability to maintain a high standard of accuracy.
  • Ability to communicate clearly and effectively, both verbally and in writing, including writing management reports and making public presentations. 
  • Strong customer-service mindset and the ability to communicate to a diverse group of internal and external customers.
  • Maintain effective and professional relationships with a diverse group of internal and external staff.
  • Exhibits a strong work ethic, is reliable, and works effectively and collaboratively as part of a team.
  • Flexible and organized and handles multiple and shifting priorities while paying attention to details; uses sound, independent judgment to make decisions.
  • Willing to fill a need, solve a problem, anticipates risks, and demonstrate initiative that strategically advances efforts of the Fund.
  • Possesses a desire to self-reflect, give/receive feedback and continuously improve.
  • Acts in accordance with the high standards of ethical and professional conduct.

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