Economic Development Finance Specialist (Program Specialist III)

Job #: 2022-20

  • TWC Job #: 14862187
  • Opening Date: 10/12/2021
  • Travel Required: 10%
  • Monthly Salary: $4,300.00 - $4,670.00/mo
  • Position Location: Austin, Texas
  • Group Step: B19
  • Class: 1572

Veterans, Reservists or members of the Guard can compare this position to Military Occupations (MOS) at the Texas State Auditor's Office.

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

Only interviewed applicants will receive notice of the final disposition of the selection process.

OOG employees applying for a position in the same pay group, if selected, will be laterally transferred with a maximum increase in salary of 3.4%.

General Description

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

Essential Duties

  • Develops and administers OOG-EDT financial programs, as assigned.
  • Develops and engages business prospects and communities in identifying financing for product development, job growth and retention.
  • 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.
  • 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.
  • 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;
  • Three (3) years of professional experience in business administration, finance, accounting, economics, economic development, public administration, political science, or a related field; and
  • Position requires attainment of knowledge of banking, lending, financial statements, implementation and administration of finance programs, and knowledge of investment management, including local, state, and federal laws and regulations.

Note: Experience and education may be substituted for one another on a year-for-year basis.  

Preferred Qualifications

•     Certified Texas Contract Manager.

•     Prior experience in bank credit analysis, loan administration, investment banking, tax credit financing or comparable responsibilities.

•     Knowledge of industry and market terminology, procedures and related business trends.

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.

•     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 20 Ibs. 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 data in a variety of formats, including hard copy, electronic and media formats. Repetitive use of a keyboard at a workstation. Work with overlapping projects and deadlines. Work as a team member. Have direct customer contact. Must be able to work hours during a legislative session that include holidays and as needed.


How to Apply

Applications are received only through Work In Texas. The OOG requires all sections of the state application to be completed. Omission of data on the state application is grounds for disqualification of the application. Requests for accommodation should be made to the Human Resources office as early as possible in the application/employment process. 

Apply Online at Work in Texas

Equal Opportunity Employer

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. View a copy of the Agency's Equal Employment Opportunity Utilization Report.

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 email the OOG’s Reasonable Accommodation Program Manager or call 512-463-5873 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.

Contact Human Resources

(512) 463-5873

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