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Financial Analyst II

Recruitment Range: $50,357.00-$72,500.00, Salary Grade: NC15

The North Carolina Department of Commerce is the state’s lead economic development agency. One of its key responsibilities is to prepare communities for economic development opportunities through the development of sites and buildings, public infrastructure, and Main Street communities. These preparation efforts are critical to providing a place for businesses to expand or locate across the state. 

The Commerce Finance Center (CFC) is responsible for financing incentive programs offered by the NC Department of Commerce (Commerce) in its efforts to facilitate job growth in the state. In working with both new and existing industry, CFC manages and administers a variety of incentive-based grants as well as programs that assist units of local government and other stakeholders, including: the Job Development Investment Grant program; the OneNC Fund; the Certified Sites program; the Film and Entertainment Grant program; Esports Grant program; the Expanded Gas Service to Agricultural Projects grant program; and the NC Volume Cap, which includes the Industrial Revenue Bond program and other bond-related programs. CFC team members interpret and enforce regulations that govern these important development tools; manage the application processes; monitor ongoing projects to ensure program and statutory compliance; process grant payments and maintain thorough and accurate records throughout the project lifecycle to ensure taxpayer funds are spent effectively and appropriately. Additionally, CFC team members must effectively interact with state and local economic developers, local government representatives, leaders in the business community, and elected officials at all levels in order to ensure the programs are understood and receive the attention they deserve.
 
The primary purpose of this position is to administer the Job Development Investment Grant (JDIG) and the Job Maintenance and Capital Development (JMAC) programs to ensure applications and disbursements meet the statutory requirements and program Criteria. 

Responsibilities include but are not limited to:
  • This position must be able to exercise exceptional independent and professional judgement, working closely with major national and international corporations interested in expanding or relocating to North Carolina. 
  • Work closely with the Economic Development Partnership of North Carolina (EDPNC), Commerce’s Office of General Counsel, Commerce Communications, the Labor and Economic Analysis Division (LEAD) and the NC Department of Revenue. 
  • Provide reports/information for distribution to legislative staff and the General Assembly if request. 
  • Provide technical counsel to consultants, EDPNC staff, and senior company executives regarding JDIG eligibility criteria, administrative procedures and statutory requirements. 
  • Participate in developing and updating program procedures and criteria.
  • The position requires a broad understanding and professional knowledge of the economic development programs across the state.

Knowledge, Skills and Abilities / Competencies
In order to receive credit for the supplemental questions in which you answered yes, you must provide supporting information within the body of the application, to support your answer. Your application should also reflect all education and all professional work experience acquired including high school and all degrees.  

  • Demonstrated experience reviewing and determining program compliance with laws and regulations. 
  • Demonstrated experience directing grants and/or contracts. 
  • Demonstrated experience directing multiple and multi-faceted projects/programs simultaneously. 
  • Demonstrated experience educating relevant parties regarding programs procedures and eligibility requirements. 
  • Ability to provide opinions based on knowledge, feasibility, logic, reason, and political realities.
  • Ability to draw conclusions and make recommendations for approval.

Minimum Education and Experience Requirements
Bachelor's degree in accounting, banking, finance, business administration, economics, or related discipline from an accredited institution and 1 year of directly related experience 
or an equivalent combination of education and experience.