Job Information
State of Colorado Financial Analyst - Business Funding & Incentives and Colorado Office of Film, Television, Media in Denver, Colorado
Financial Analyst - Business Funding & Incentives and Colorado Office of Film, Television, Media
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Financial Analyst - Business Funding & Incentives and Colorado Office of Film, Television, Media
Salary
$65,000.00 - $80,000.00 Annually
Location
Denver, CO
Job Type
Full Time
Job Number
EDA-BFI-FinAnalyst-12/2024
Department
Office of Economic Development and International Trade
Opening Date
12/16/2024
Closing Date
1/6/2025 11:59 PM Mountain
FLSA
Determined by Position
Primary Physical Work Address
1600 Broadway, Suite 2500, Denver CO 80202
FLSA Status
Exempt; position is not eligible for overtime compensation.
Department Contact Information
oedit.info@state.co.us
Type of Announcement
This announcement is not governed by the selection processes of the classified personnel system. Applications will be considered from residents and non-residents of Colorado.
How To Apply
Please submit an online application for this position at https://www.governmentjobs.com/careers/colorado. Reach out to the Department Contact to apply using a paper application, including any supplemental questions. Failure to submit a complete and timely application may result in the rejection of your application. Applicants are responsible for ensuring that application materials are received by the appropriate Human Resources office before the closing date and time listed.
Description
Benefits
Questions
Department Information
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.
Description of Job
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. These programs are two of the main tools the Economic Development Commission uses to attract, retain, and expand business activity in the State. 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. Then 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, to evaluate program performance, and make ad-hoc reports.
Respond to legislative and public information requests under tight deadlines
Support meeting preparation and compiling 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 trainings 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
Disclaimer: This job posting provides a high-level job definition. It is not intended to provide a comprehensive or exclusive list of job duties. As such, job duties and/or responsibilities within the context of this job posting may change at the discretion of the employee’s direct supervisor.
Minimum Qualifications, Substitutions, Conditions of Employment & Appeal Rights
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: 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 time-lines
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 work-load, and driving results for the public good with a high degree of autonomy. Highly organized with strong attention to detail.
Computer Skills: This position requires 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-state 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.
Supplemental Information
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. Even though employment is at-will, non-classified positions have protections against discrimination and retaliation in state and federal employment laws. “At-will” employment means that either the employee or the State may terminate the employment relationship at any time for any reason or no reason, with or without notice or cause, as long as no federal or state law is violated.
A wide salary range is posted for this position and any job offer is based upon a salary analysis to comply with the Colorado Equal Pay for Equal Work Act. The salary analysis considers relevant experience, education, certifications, and state seniority as compared to others doing substantially similar work. While all offers are compliant with the Colorado Equal Pay for Equal Work Act, there is no guarantee an offer will be at the top of the posted range based on the salary analysis.
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: https://www.colorado.gov/dhr/benefits
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. The State of Colorado is an equal opportunity employer committed to building inclusive, innovative work environments with employees who reflect our communities and enthusiastically serve them. Therefore, in all aspects of the employment process, we provide employment opportunities to all qualified applicants without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity or expression, pregnancy, medical condition related to pregnancy, creed, ancestry, national origin, marital status, genetic information, or military status (with preference given to military veterans), or any other protected status in accordance with applicable law.
To learn more about the “State of Colorado For All”, visit our Equity, Diversity, and Inclusion website (https://dpa.colorado.gov/about-us/edi) .
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, including completing the application process, interviewing, completing any pre-employment testing, participating in the employee selection process, and/or to perform essential job functions where the requested accommodation does not impose an undue hardship. If you have a disability and require reasonable accommodation to ensure you have a positive experience applying or interviewing for this position, please direct your inquiries to our ADAAA Staffing Coordinator, the Director of Human Resources: jennifer.salvatore@state.co.us
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.
Due to the large volume of resumes we receive, we do not acknowledge receipt of each application and are unable to give status updates. If a strong match is found between your qualifications and the requirements of the position, a member of the recruiting staff will contact you to further discuss the career opportunity.
Please note that each agency's contact information is different; therefore, we encourage all applicants to view the full, official job announcement which includes contact information and class title. Select the job you wish to view, then click on the "Print" icon.
01
To be considered for this position, we request a resume and cover letter. Did you confirm that you uploaded those documents in the attachments?
Yes
No
02
Have you ever analyzed the financials for a public or private company?
Yes
No
03
If yes, describe your experience and what you were able to accomplish.
04
Are you proficient in using the Google Suite of programs?
Yes
No
05
Are you proficient in using the Microsoft Suite of programs?
Yes
No
06
Do you have working knowledge, including daily use, of Microsoft Excel. Specifically, use of complex formulas and pivot tables for data analysis?
Yes
No
07
Have you managed programs, including having primary responsibility for holding team members and constituents accountable for performance of program parameters?
Yes
No
Required Question
Agency
State of Colorado
Address
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Website
https://careers.colorado.gov/
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