Houston is top Championship boss
The Bairns boss has landed the accolade for finishing second in the table, steering his side to the brink of promotion.
Falkirk only just missed out on a return to the top flight when they went down to Kilmarnock in last week’s play-off.
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Hide AdHouston was named as the winner ahead of Championship winners Rangers boss Mark Warburton, the PFA Manager of the Year, and Scottish Cup winning Hibs manager Alan Stubbs.
Falkirk chairman Doug Henderson congratulates said: “This is a magnificent award for Peter and Falkirk Football Club.
“It’s a tribute to all the hard work, loyalty and endeavour which Peter and the players have delivered for Falkirk fans and Scottish football in general all season.”