What are the responsibilities and job description for the Director, Bureau of Redevelopment, Capital, and Debt position at Commonwealth of PA?
THE POSITION
Are you a capable leader with the professional financial analysis, economics, or budgeting knowledge and experience needed to spearhead capital program management, debt analysis, and redevelopment assistance? Join the Office of the Budget’s Bureau of Redevelopment, Capital, and Debt as our Director. Apply now and achieve your highest potential by providing direction, oversight, and advice that will help maintain the Commonwealth’s financial wellbeing and increase economic activity for the benefit of all people in Pennsylvania!
DESCRIPTION OF WORK
As Director of the Bureau of Redevelopment, Capital, and Debt, you will direct the development and evaluation of cash flow estimates for capital funds and the General Fund; oversee and direct major components of the Commonwealth’s capital budget; and advise the Secretary of the Budget and other state officials on topics including the need for bond issues, the current outlook of the municipal bond market, possible effects of proposed legislation, and the status of the financial reputation of the Commonwealth. Collaboration will be key for directing the development and drafting of materials for bond offerings in coordination with the bond counsel, Auditor General and State Treasurer's Offices, and the Budget Secretary, as well as fostering and maintaining a positive relationship with bond rating agencies and the investment banking community.
Our team will rely on you to ensure compliance with Securities and Exchange Commission regulations and other appropriate rules and regulations, and to establish major payment schedules for operating funds. This includes the preparation of debt issue schedules, directing the development of borrowing schedules, and directly issuing and managing or consulting on bond issuances for other Commonwealth agencies. You will also be responsible for the implementation of all Redevelopment Assistance Capital Program (RACP) policies and coordination with the Governor’s office to recommend possible RACP projects that will provide economic, cultural, civic, recreational, and other important benefits. Share your leadership skills to ensure fiscal integrity and a bright, well-funded future for all residents of the Commonwealth with our team!
Interested in learning more? Additional details regarding this position can be found in the position description.
Work Schedule and Additional Information:
- Full-time employment
- Work hours are 8:30 AM to 5:00 PM, Monday - Friday, with a 60-minute lunch.
- Telework: You may have the opportunity to work from home (telework) part-time, up to two days per week with three days per week in the office. In order to telework, you must have a securely configured high-speed internet connection and work from an approved location inside Pennsylvania. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg.
- Salary: In some cases, the starting salary may be non-negotiable.
- You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.
REQUIRED EXPERIENCE, TRAINING & ELIGIBILITY
QUALIFICATIONS
Minimum Experience and Training Requirements:
- Eight years of professional financial analysis, economics, or budgeting experience that includes or is supplemented by five years of experience involving capital cash forecasting and investments in the municipal bond market, and a bachelor's degree in economics, finance, business, or a closely related field; or
- Eight years of professional financial analysis, economics, or budgeting experience that includes or is supplemented by five years of experience involving capital cash forecasting and investments in the municipal bond market, and four years of paraprofessional or technical experience in the field of economics or finance; or
- Any equivalent combination of experience and training that includes or is supplemented by five years of professional financial analysis, economics, or budgeting experience involving capital cash forecasting and investments in the municipal bond market.
Additional Requirements:
- You must be able to perform essential job functions.
How to Apply:
- Your application must include a resume.
- You must attach a resume to your application for review by the hiring manager. However, the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education).
- If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable.
- Your application must be submitted by the posting closing date. Late applications and other required materials will not be accepted.
- Failure to comply with the above application requirements may eliminate you from consideration for this position.
Veterans:
- Pennsylvania law (51 Pa. C.S. §7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.employment.pa.gov/Additional Info/Pages/default.aspx and click the Veterans’ Preference tab or contact us at ra-cs-vetpreference@pa.gov.
Telecommunications Relay Service (TRS):
- 711 (hearing and speech disabilities or other individuals).
If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.
The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.
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Health & Wellness
We offer multiple health plans so our employees can choose what works best for themselves and their families. Our comprehensive benefits package includes health coverage, vision, dental, and wellness programs.*
Compensation & Financial Planning
We invest in our employees by providing competitive wages and encouraging financial wellness by offering multiple ways to save money and ensure peace of mind including multiple retirement and investment plan options.
Work/Life Balance
We know there’s more to life than just work! Our generous paid leave benefits include paid vacation, paid sick leave, eight weeks of paid parental leave, military leave, and paid time off for most major U.S. holidays, as well as flexible work schedules and work-from-home opportunities.*
Values and Culture
We believe in the work we do and provide continual opportunities for our employees to grow and contribute to the greater good. As one of the largest employers in the state, we provide opportunities for internal mobility, professional development, and the opportunity to give back by participating in workplace charitable giving.
Employee Perks
Sometimes, it is the little “extras” that make a big difference. Our employees receive special employee-only discounts and rates on a variety of services and memberships.
For more information on all of these Total Rewards benefits, please visit www.employment.pa.gov and click on the benefits box.
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