The Texas Oil and Gas Association (TXOGA) is seeking a qualified professional to serve as its Chief Financial Officer (CFO) and ensure that all Association financials are of the highest integrity and managed in accordance with generally accepted accounting principles. This position partners with other executives to develop and execute implementation plans that drive organizational goals and strategy. The CFO reports to the Association President and is based at the TXOGA headquarters in Austin, Texas.
Responsibilities and duties:
Plan, develop, organize, implement, direct, and evaluate the organization’s fiscal policies, processes, and performance.
Participate in the development and execution of the organization’s strategic plan and build credible and trusting relationships with all internal personnel, members of the TXOGA Board of Directors (BOD) and external constituents.
Identify new revenue generating opportunities and investments, ensuring feasibility by working across the organization and with the President.
Advise on the fiscal impact of short- and long-range planning.
Provide timely and accurate analyses of budgets, financial reports, cash flow projections, variance reports and financial trends in order to assist the President, BOD and senior executives in performing their responsibilities.
Manage the development, maintenance, and upgrade of departmental information systems.
Provide human resources support for the Association. Ensure proper processes and procedures are in place to meet the Associations staffing needs and support for employees.
Manage and negotiate health plans and benefits on behalf of the Association.
Administration of Association Pension Plan
Enhance, develop, implement, and enforce policies and procedures to improve the overall financial operation and effectiveness of the organization and ensure financial controls and fiduciary stewardship are consistent with TXOGA’s and its mission.
Oversee the annual audit and facilitate filing of the IRS Form 990 and any other necessary filings to be compliant with bylaws, local, state and federal requirements.
Design, implement and continue to refine the annual budget process with executive staff and the President to ensure alignment with the strategic plan.
Effectively communicate with the BOD’s Budget Subcommittee and BOD regarding the organization’s financial position.
Prepare written reports as needed for the President to inform potential opportunities or risks that warrant corrective action.
Provide support to the TXOGA Political Action Committee (TXOGA PAC) and other affiliated entities.
Contribute to the training, coaching and development of staff as appropriate, and conduct scheduled performance reviews in a timely manner.
Qualifications for this position include:
Bachelor’s degree in Finance or Accounting and CPA is strongly desired. Master’s degree a plus.
Professional experience in finance or accounting, with management experience in all aspects of finance desired.
Experience working for a nonprofit or professional membership association is preferred.
Experience negotiating contracts preferred.
Professionalism and high ethical standards are of the utmost importance, while combining positive energy, foresight, and creativity to achieve desired outcomes.
Aptitude for strategic visioning with sound technical skills, analytical ability, good judgment, and a strong operational focus.
Ability to be well-organized, self-directed, politically savvy and a team player.
Excellent communication skills, both verbally and in writing, and the ability to relate to people at all levels of an organization.
Proficiency in modern analytical and widely used budgeting software required.
Additional Salary Information: •TXOGA offers attractive compensation; health, dental and vision insurance; life and disability insurance, employer 401(K) contributions; and paid time-off.
•TXOGA is an equal opportunity employer. All employment decisions are based on qualifications, merit, and business needs.
About Texas Oil & Gas Association (TXOGA)
The Texas Oil & Gas Association (TXOGA) is a statewide trade association representing every facet of the Texas oil and gas industry including small independents and major producers. Collectively, the membership of TXOGA produces in excess of 80 percent of Texas’ crude oil and natural gas, operates over 80 percent of the state’s refining capacity, and is responsible for the vast majority of the state’s pipelines. In fiscal year 2020, the oil and natural gas industry supported more than 400,000 direct jobs and paid $13.9 billion in state and local taxes and state royalties, funding our state’s schools, roads and first responders.
Founded in 1919, TXOGA is the oldest and largest group in the State representing petroleum interests and continues to serve as the only organization which embraces all segments of the industry.
The mission of the Texas Oil & Gas Association is to promote a robust oil and natural gas industry and to advocate for sound, science-based policies and free-market principles.