What are the responsibilities and job description for the Financial Analyst - Business Funding & Incentives and Colorado Office of Film, T position at Colorado?

The Office of Economic Development and International Trade (“OEDIT”) was created to foster a positive business climate that encourages quality economic development through the support of local and regional economic development activities throughout the State of Colorado. A comprehensive slate of programs within OEDIT’s divisions work together to offer economic development services for all Colorado businesses - new and expanding, traditional and emerging, small and large – including retention programs to ensure continued competitiveness of Colorado’s economic base, and job training to keep Colorado’s workforce the best in the nation.

This program Financial Analyst position is within the Business Funding and Incentives (BF&I) division of OEDIT and the Colorado Office of Film, Television and Media (COFTM) (70% / 30%). BF&I manages a number of economic development programs. This position will focus mainly on the Job Growth Incentive Tax Credit and the Strategic Fund programs. The person filling this position will assist the Deputy Director in the administration of these and other programs.

The ideal candidate will have a keen interest in working with datasets to identify and correct data anomalies and perform financial analyses of public and private companies. This individual will also be organized, communicate well, work with the companies who are incentive recipients, have strong financial skills, and can work independently as well as within a team.

BF&I Specific Duties Include :

Perform summary financial analysis on the companies applying for state incentives, including communicating with applicants to obtain the required information needed to perform the analysis. Summarize findings in a report that will be evaluated by the Colorado Economic Development Commission (EDC).
Calculate the performance and incentive amounts for companies already granted awards by the commission.
Analyze program data to find and correct errors, evaluate program performance, and make ad-hoc reports.
Respond to legislative and public information requests under tight deadlines.
Support meeting preparation and compile materials.
Utilize economic and demographic data sets.
Track program metrics and support program analysis and evaluation. Coordinate collection and validation of data. Work with databases.
Prepare and track budgets for grants and programs, collaborating with accounting and senior staff.
Maintain and improve program guides and provide data for web pages.
Support other BF&I team members in financial, analytical, reporting, accounting and payment processing duties particularly during peak load work periods.
Special Assignments : Takes on other assignments and special projects per direction from the Division Director.
Other programs and duties : Transferable Tax Credits, Extension of Certain Tax Credits.

This position also supports Colorado Office of Film, Television and Media (COFTM) by developing research methods and both analyzing and reporting on the economic impact of the film and media industry in Colorado. This position will work with both the internal team and external stakeholders to implement and enhance processes, procedures, and internal controls, including financial review, and will assist with current program initiatives in order to maximize job growth and economic impact of the film industry throughout the state.

COFTM Specific Duties Include :

Understand, monitor, and communicate statutes related to the program. Assist with policy and guideline development pursuant to statute.

Drive improvements to application and project submission systems.

Coordinate, administer, and make improvements to periodic CPA training to communicate both statutory and policy requirements. Maintain COFTM’s approved CPA list.

Evaluate CPA summaries and corresponding records for cash, tax credit and other incentive projects against eligibility criteria including compliance with statutes.

Utilize economic and demographic data sets.

Track program metrics and support program analysis and evaluation. Coordinate collection and validation of data. Work with databases.

Support other COFTM team members in financial, analytical, reporting, accounting and payment processing duties particularly during peak-load work periods.

Minimum Qualifications :

Expert Excel skills required including; ability to design, construct, and modify complex pivot tables and financial models and use advanced data analysis functions in Excel.

Three years of experience in program administration, detailed business processes, financial analysis and evaluation of companies or a Bachelor’s degree in finance, business administration, economics, CPA designation, or closely related field.

Preferred Qualifications :

Experience in government program administration that involved supporting a variety of programs and timelines.

Experience with interpreting statute and contract requirements.

Experience with the State accounting system (CORE) and knowledge of Colorado fiscal rules.

Required Competencies :

Personal Integrity and Responsibility : a high level of personal responsibility for time-management, prioritizing deliverables under a heavy workload, and driving results for the public good with a high degree of autonomy. Highly organized with strong attention to detail.

Computer Skills : Intermediate to advanced computer skills. Microsoft Excel - create models, manipulate datasets, use formulas, link data, and create pivot tables. Microsoft Word – write memos and letters and utilize a variety of formatting options. Preferred; Salesforce reporting and development.

Financial Literacy : Review and interpret business Income Statements, Balance Sheets, Capitalization Tables and Breakeven Forecasts. Knowledge of early-stage business financing tools.

Customer Service and Communication : demonstrate a commitment to excellent service. Effective and diplomatic written and verbal communication.

Flexibility : Willingness to take on other, new, related duties and special projects as required by management. Able to adjust to new priorities and changing requirements and processes.

Passion : for OEDIT's Mission and the State of Colorado.

Preferred Competencies :

Adaptability : Adapt quickly to change; able to handle multiple issues and navigate through resources in a calm, organized manner; open to new ideas and methods.

Critical thinking : Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to program issues. Strong analytical aptitude.

Service orientation : passion for public service and desire to effect positive change.

Conditions of Employment

Applicants must pass a thorough background check prior to employment.

Former State employees who were disciplinarily terminated or resigned in lieu of termination must disclose the information on the application and provide an explanation why the prior termination or resignation should not disqualify their application from the current position.

Salary Range :

65,000 - $80,000 Annually

This position is considered non-classified, which means the position is not part of the Colorado State Personnel System. Therefore, the individual appointed to this position is considered at-will, and is not covered by the State Personnel Rules or the State Classification System. However, this position does come with the same benefits (retirement, insurance, etc.) as every other State employee, and with the same opportunities, pride and passion that comes with working for the great State of Colorado.

Benefits

The State of Colorado / Office of the Governor offers generous benefits to full-time employees including :

Annual leave accrued at 13.33 hours per month

Sick leave accrued at 6.66 hours a month

11 paid holidays per year

Medical plans - choice of Cigna or Kaiser; several plan options (including High Deductible Health Plan with HSA); most plans offered with significant state contribution towards premium

Dental and vision plans

Flexible spending accounts

State-paid life insurance policy of $50,000

Choice of 2 retirement plans (defined contribution or defined benefit) with generous state contribution

Optional 401(k) and 457 plans for additional retirement savings

State-paid short-term disability coverage

Additional optional life and disability plans

Access to the Colorado State Employee Assistance Program

Membership opportunity with the Credit Union of Colorado

RTD (transit) EcoPass

Training and professional development

To learn more about State of Colorado benefits, please visit :

Equity, Diversity and Inclusion

The State of Colorado believes that equity, diversity, and inclusion drive our success, and we encourage candidates from all identities, backgrounds, and abilities to apply.

ADAAA Accommodations

The Office of the Governor is committed to the full inclusion of all qualified individuals. As part of this commitment, our agency will assist individuals who have a disability with any reasonable accommodation requests related to employment.

Application

Your application must provide sufficient detail about your background and experience to allow the screening panel to properly assess your experience in the required elements, including your experience and achievements.

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Salary : $65,000 - $80,000

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