Economic Development Finance Specialist (Program Specialist IV)

Job #: 2019-65

  • TWC Job #: 8751620
  • Opening Date: 6/07/2019
  • Travel Required: 10%
  • Monthly Salary: $4,700.00 - $5,915.00/mo
  • Position Location: Austin, Texas
  • Group Step: B20
  • Class: 1573

Military Occupational Specialist codes that may be applicable to this position: 35F, 712X, 040, 0231, 60C0

Omission of data on the state application is grounds for disqualification of the application.

General Description: 

The Economic Development Finance Specialist reports to the Director of Business and Community Development in the Office of the Governor’s (OOG) Economic Development & Tourism (EDT) Division. Performs highly complex (senior-level) consultative services, technical assistance work, and recommendations to staff, industry, constituents, lending institutions, and local, state and federal governments. Prepares financial and other business reports and responds to internal and external inquiries. Assists in planning and coordinating economic development projects and lending activities together with other EDT team members.  Works under limited supervision, with moderate latitude for the use of initiative and independent judgment. 

Essential Duties:

  • Develops and administers OOG-EDT financial programs, as assigned.
  • Performs an array of technical, training, research, planning, program assessment, and administrative activities for OOG-EDT financial programs, as assigned.
  • Develops and engages business prospects and communities in identifying financing for product development, job growth and retention.
  • Coordinates and collaborates with program staff in program planning, development, implementation, analysis, and documentation of agency programs.
  • Develops program policies, procedures, standards, and guidelines in accordance with program objectives and goals.
  • Serves as a contributor to achievement of office objectives, strategic and tactical program development.
  • Prepares and delivers presentations to internal and external audiences.
  • Effectively monitors performance contracts in assigned portfolios.
  • Oversees the completion of and monitors required performance reports, and recommends appropriate changes.
  • Ensures thorough completion of data and well-organized recordkeeping, including electronic and/or hardcopy formats.
  • Updates and maintains data related to private business, local units of government and non-profit organizations to ensure the most current and accurate information is available for program purposes.
  • Demonstrates subject matter expertise, professional confidence and clarity when representing the office.
  • Writes, reviews, edits, and/or proofreads rules, policies and other program documents.
  • Demonstrates accurate accounting practices, as needed, to support financial reporting.
  • Advises staff on matters relating to financial contracts, third party business agreements, etc. 
  • Provides guidance to staff in the development and integration of new methods and procedures. Develops and implements action plans to improve program effectiveness and efficiency.
  • Maintains regular attendance and may work extended hours as needed.
  • May train, lead, and/prioritize the work of others.
  • Performs all other related duties as assigned.

Minimum Qualifications:

Graduation from an accredited four-year college or university with a degree in business administration, finance, accounting, economic development, economics, political science, or public administration plus four (4) years of professional experience in business administration, finance, accounting, economics, economic development, public administration, political science, or a related field. Experience and education may be substituted for one another on a year-for-year basis.

Position requires attainment of knowledge of banking, lending, financial statements, implementation and administration of finance programs: knowledge of investment management, including local, state, and federal laws and regulations. Prefer knowledge of industry and market terminology, procedures and related business trends. Prior experience in bank credit analysis, loan administration, investment banking, tax credit financing or comparable responsibilities is preferred.

Knowledge, Skills, and Abilities Requirements:

  • Knowledge of accounting principles, procedures and terminology.
  • Knowledge of program area and of governing local, state, and federal laws and regulations.
  • Knowledge of industry and market terminology, procedures and related business trends, preferred.
  • Skill in gathering and analyzing accurate and relevant information.
  • Skill in using a personal computer and spreadsheet, database, financial management and statistical systems software applications.
  • Ability to establish goals and objectives, to devise solutions to program administrative problems.
  • Ability to develop and evaluate policies and procedures.
  • Ability to communicate effectively to convey complex ideas and concepts.
  • Ability to prepare concise reports.
  • Ability to exercise discretion and sound judgment in making critical decisions.
  • Ability to travel infrequently, 10%, (i.e., weekly-monthly) under normal conditions for long distances. 

Registration, Certification or Licensure:   Valid Texas Driver’s License. Texas Contract Manager Certification required within one year of hire date.

Physical Requirements and/or Working Conditions:  This classification functions in a standard office environment.  Ability to move up to 35 lbs.  Ability to drive and travel as needed.  Will need to move about the office to access file cabinets, office machinery, set up conference rooms for meetings, etc. Must be able to communicate and exchange accurate information via phone, computer and in person.  Must be able to observe and evaluate media and artistic presentations. Must be able to work hours during a legislative session that include holidays and as needed.  Repetitive use of a keyboard at a workstation. Work with overlapping projects and deadlines. Work as a team member. Have direct customer contact. Must have stamina to work a regular 8-hour work day and to work extended hours as needed.


The Office of the Governor is an Equal Opportunity Employer. The Immigration Reform and Control Act of 1986 requires all new employees to present proof of eligibility to work in the United States within three (3) days of being hired. The Office of the Governor participates in E-Verify and will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization. Male candidates between 18 and 25 years of age are required to show proof of Selective Service registration (or exemption) prior to an offer of employment being extended. Such proof is not required to be filed with an application but must be provided upon request by the Human Resources office. For additional information pertaining to Selective Service registration, you may visit www.sss.gov. Applicants may obtatin a copy of the Agency's Equal Employment Opportunity Utilization Report upon request.

Notice to Applicants Who May Require Reasonable Accommodation in the Interview Process

Applicants with disabilities who may need to discuss special accommodations during the interview process should contact 512-463-5873 and ask to speak to the Office of the Governor’s Americans With Disabilities Act (ADA) Coordinator in the Human Resources Department. If reasonably possible, please call at least 48 hours in advance to afford our representative and the hiring division sufficient time to properly review and coordinate your request.