Economic Development Specialist

State of Missouri; Jefferson City (MO); On-site; USD 48,945 - 59,822; Full time

Job summary

The State of Missouri, Department of Economic Development, seeks an Economic Development Specialist in the Business Opportunities Division to manage the Missouri Works program. The role focuses on incentives, job creation, and investment within Missouri.

Location is Jefferson City, MO, with a base pay and potential pay differentials noted in the compensation statement. Responsibilities include evaluating incentive applications, verifying project expenses, tracking program progress, and

Qualifications

• Five or more years of professional experience in Economic Development or related field.
• Bachelor’s degree in Finance, Accounting, Marketing, Economics, Business or Public Administration, or a closely related field.
• Regulations and program guidelines familiarity.

Responsibilities

• Assist entities in applying for incentives earned by creating jobs and investments.
• Review applications and determine eligibility per regulations.
• Examine and verify project expenses according to guidelines.
• Monitor progress of projects and provide assistance to ensure success.
• Provide technical information to companies considering new or expanded operations.
• Participate in policy research and development as new legislation is passed.
• Maintain databases and filing of program information.
• Perform other related work as assigned.

Skills

Public policy knowledge

Communication skills

Analytical ability

Microsoft Office

Team collaboration

Education

Bachelor's degree in Finance, Accounting, Marketing, Economics, Business or Public Administration

Tools

Microsoft Office

Job description

Business Opportunities Division – Business Finance

Harry S Truman Building – 301 W. High Street, Jefferson City, MO

Salary

$2,266.00 semi-monthly; $54,384.00 annual. The salary indicated represents a base pay rate. If the individual selected is eligible for a pay differential (e.g., years of service), it will be added to the total compensation in your paycheck. A pay differential does not raise your base pay.

Why You’ll Love This Position

If you are looking for a career opportunity where you can make a difference, help communities grow, and create job opportunities for hardworking Missourians, then this is the team for you. This is an exciting opportunity within the Missouri Department of Economic Development (DED) Business Opportunities Division. The Division is seeking an Economic Development Specialist to manage critical business incentive programs for the State of Missouri, specifically focusing on the State’s premier business program, Missouri Works.

Responsibilities

• Assist entities in applying for incentives earned as a result of creating jobs and making investment in the State. Review applications from companies and determine eligibility in accordance with regulations and program guidelines.
• Examine and verify project expenses in accordance with regulations and program guidelines.
• Monitor and track progress of projects participating in programs, troubleshooting and providing assistance that will help entities complete their projects successfully.
• Provide technical information and assistance to companies considering establishing a new business in the state or expanding current operations/facilities.
• Participate in program policy research and development as new legislation is passed.
• Maintain databases and filing of information on programs and results.
• Perform other related work as assigned.

Minimum Qualifications

• Five or more years of professional experience with demonstrated knowledge in the business practices and principles in the Economic Development field. This can be obtained through a combination of work experience and completion of a Bachelor’s degree in Finance, Accounting, Marketing, Economics, Business or Public Administration, or a closely related field.
• Lack of post-secondary education will not be used as the sole basis in denying consideration to any applicant.

Competencies

• General knowledge of state and federal rules and regulations applicable to the assigned program area.
• Considerable knowledge of business math computations; and grammar, composition and spelling.
• Ability to make arithmetical calculations with speed and accuracy.
• Some knowledge of financial and tax management, economic development, accounting and auditing principles and procedures.
• Ability to communicate effectively, written and verbal, with all levels of public stakeholders and Department staff.
• Ability to work independently and carry out assignments without close supervision.
• Prepare complete and concise reports.
• Ability to analyze, interpret and apply statutes, regulations and agency policies related to tax credit or grant programs.
• Ability to establish and maintain effective working relationships with other employees, customers, project managers, public officials, community and neighborhood organizations, regional planning commissions and the general public.
• Proficient knowledge of Microsoft Office software.
• Ability to demonstrate regular and reliable attendance.

The State of Missouri offers an excellent benefits package that includes a defined pension plan, generous amounts of leave and holiday time, and eligibility for health insurance coverage. Your total compensation is more than the dollars you receive in your paycheck. To help demonstrate the value of working for the State of Missouri, we have created an interactive Total Compensation Calculator. This tool provides a comprehensive view of benefits and more that are offered to prospective employees. The Total Compensation Calculator and other applicant resources can be found here.

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