Senior Economic Development Finance Specialist (Program Specialist V)

Job #: 2019-69

  • TWC Job #: 5444983
  • Opening Date: 6/19/2019
  • Travel Required: 10%
  • Monthly Salary: $4,800.00 - $6,000.00/mo
  • Position Location: Austin, Texas
  • Group Step: B21
  • Class: 1574

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 Senior 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) Office. Performs detailed consultative and technical work providing assistance to staff, industry, constituents, lending institutions and local, state and federal units of government.  Assists in planning and coordinating economic development projects and financial activities together with other EDT team members.  Performs highly complex financial analysis under limited supervision, with considerable latitude for the use of initiative and independent judgment.

Essential Duties:

  • Develops and administers OOG-EDT financial programs, as assigned.
  • Serves as a key contributor to achievement of office objectives, strategic and tactical program development.
  • Develops and engages business prospects and communities in identifying financing for capital investment, job growth and retention.
  • Determines trends and assists in resolving operational problems. Oversees the studies and analyses of operations and problems and the preparation of reports of findings and recommendations.
  • Prepares and delivers presentations to internal and external audiences.
  • Demonstrates subject matter expertise, professional confidence and clarity when representing the office.
  • Demonstrates accurate accounting practices as needed to support financial reporting.
  • Analyzes and researches complex business plans and analyzes financial data related to program participants.
  • Performs third-party review analyses, including accumulation of data, financial modeling, reporting, and ongoing monitoring of responses.
  • Effectively monitors performance of contracts and financial interests in assigned portfolios.
  • Collects, organizes, analyzes, and prepares informational materials responsive to requests for information and reports.
  • Negotiates contracts, contract renewals and amendments, and makes recommendations to change solicitations, contract templates, and other contract-related documents.
  • Evaluates expenditure data and makes projections to ensure appropriate use of funds.
  • Oversees the completion of and monitors required performance reports, and recommends appropriate changes.
  • Provides guidance in the development and integration of new methods and procedures. Develops and implements action plans to improve program effectiveness and efficiency.
  • Mentors and trains other staff and interns, reviews first line work product.
  • Maintains regular attendance and may work extended hours as needed.
  • Performs all other duties as assigned.

Minimum Qualifications:

Graduation from an accredited four-year college or university with a degree in business administration, finance, accounting, public administration, government, economics or related field required plus five (5) years of responsible professional experience. Experience and education may be substituted for one another on a year-for-year basis.

Demonstrated knowledge of industry and market terminology, procedures and related business trends. Duties require proficient knowledge and use of financial data systems. Requires the ability to establish and maintain effective working relationships with internal and external customers.

Preferred Qualifications:

Five (5) or more years of progressive experience in economic development, incentives, and/or finance or comparable responsibilities. 

Knowledge, Skills, and Abilities Requirements:

  • Extensive knowledge of program area and of governing local, state, and federal laws and regulations.
  • Extensive knowledge of economic development.
  • 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 and statistical systems software applications.
  • Skill in public speaking and making presentations to a variety of audiences.
  • Skill in writing and compiling plans and reports.
  • Skill in attention to detail.
  • Ability to apply financial ratios and credit policies.
  • Ability to apply financial and general research techniques.
  • Ability to conduct exhaustive searches and evaluations of vast, technical data.
  • Ability to communicate effectively to convey complex ideas and concepts.
  • Ability to establish goals and objectives, to devise solutions to program administrative problems.
  • Ability to prepare concise reports.
  • Ability to develop and evaluate policies and procedures.
  • Ability to exercise discretion and sound judgment in making critical decisions.
  • Ability to maintain confidentiality.
  • Ability to travel up to 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.