https://gov.texas.gov/employment/post/2024-44

Director of Economic Development Finance – Austin, Texas

The Office of the Governor is looking for a Director of Economic Development Finance (Director III) to work in the Economic Development & Tourism Office (EDT) – Economic Development Finance.

Who We Are

The Office of the Governor works to build a healthier, safer, freer, and more prosperous future for all Texans. We are located primarily within the Texas State Capitol Complex in Austin.

What You’ll Earn

The salary is $10,833.34 – $12,083.34 a month ($130,000.08 – $145,000.08 a year).

Benefits include medical insurance, sick leave, and vacation leave. Also, State of Texas employees are eligible for a defined retirement plan. Learn more: https://www.ers.texas.gov/Active-Employees/Health-Benefits

What You’ll Do

This is a job that performs advanced (senior-level) managerial work and directs the programmatic and administrative duties associated with all programs and services of the Economic Development Finance division. Directs and oversees the administration of EDF tools, as well as incentive and grant programs. The Director leads the team responsible for overseeing the state’s economic development portfolio comprised of finance and tax incentive programs, including the statutorily created Economic Development Bank programs. Work involves establishing goals and objectives for effective management and administration of state and federal incentive and grant programs for the State of Texas. Develops guidelines, procedures, policies, rules, and regulations for administering financial incentive and grant programs, coordinating, and evaluating activities and overseeing financial analyses, as well as financial and other business reports.

• Oversees staff and funding programs of the Economic Development Finance division including the Economic Development Bank programs.
• Coordinates with other EDT divisions, as well as state and local officials, to ensure coordination on successful utilization of economic development financial incentives and grant programs.
• Directs the development, implementation, and monitoring of division goals to ensure all priorities and objectives are met.
• Under the authority of the EDT Executive Director and Deputy Executive Director, oversees the development, coordination and implementation of all economic development finance programs and strategies to support economic development efforts in the state.
• Develops policies, procedures, administrative duties, and program guidelines related to EDF program areas.
• Monitors, analyzes, and evaluates program operations and procedures; assesses workload, administrative and support programs, and internal reporting relationships; and identifies opportunities for improvements, and directs the implementation of changes within EDF.
• Provides guidance for program implementation in coordination with contract manager.
• Represents EDF at business meetings, hearings, trials, legislative sessions, conferences, and seminars or on boards, panels, and committees.

How You’ll Qualify                                       

• Graduation from an accredited four-year college or university with a degree in accounting, finance, economics, or banking field;
• Five (5) years of professional financial experience, including three (3) years of managerial experience.
• Knowledge of banking, lending, financial statements, implementation, and administration of finance programs;
• Knowledge of investment management, including local, state, and federal laws and regulations; and
• Knowledge of public financing, bond markets and lending (commercial and small business).

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

You’re a Great Fit with

• Prior Chief Financial Officer experience.
• Master’s degree.
• Certification as a Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA).
• Certified as a Certified Texas Contract Manager (CTCM).
• 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.

Other Things to Know and When You Should Apply

It’s a great job for a professional who likes working with state’s economic development. Apply now by submitting a state of Texas application. Applications are reviewed daily.

If not currently certified, must be able to obtain CTCM certification within one year of initial employment.

Telework opportunities are available upon request. Reliable internet is required. Alternate work schedules and telework may be discussed with the hiring manager during the interview process.

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