Summary
Description
Description of Job
This program Financial Analyst position is within the Business Funding and Incentives (BF&I) division of OEDIT and supports 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 and the Film Production Tax Credit. These programs are three 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:
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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)
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Calculate the performance and incentive amounts for companies already granted awards by the commission
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Analyze program data to find and correct errors, to evaluate program performance, and make ad-hoc reports.
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Respond to legislative and public information requests under tight deadlines
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Support meeting preparation and compiling materials
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Utilize economic and demographic data sets
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Track program metrics and support program analysis and evaluation. Coordinate collection and validation of data. Work with databases
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Prepare and track budgets for grants and programs, collaborating with accounting and senior staff
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Maintain and improve program guides and provide data for web pages
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Support other BF&I team members in financial, analytical, reporting, accounting and payment processing duties particularly during peak load work periods
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Special Assignments. Takes on other assignments and special projects per direction from the Division Director
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Other programs and duties: Transferable Tax Credits, Extension of Certain Tax Credits, cross training on other tax credits.
This position also supports Colorado Office of Film, Television and Media (COFTM). This position will work with both the internal team including BF&I supervisor and external stakeholders to implement and enhance processes, procedures, and internal controls, on the Film Production Tax Credit, 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:
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Understand, monitor and communicate statutes related to the Film Production Tax Credit program. Assist with policy and guideline development pursuant to statute
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Drive improvements to application and project submission systems
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Coordinate, administer, and make improvements to periodic CPA training to communicate both statutory and policy requirements. Maintain COFTM’s approved CPA list
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Evaluate CPA summaries and corresponding records for cash, tax credit and other incentive projects against eligibility criteria including compliance with statutes
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Utilize economic and demographic data sets
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Track program metrics and support program analysis and evaluation. Coordinate collection and validation of data. Work with databases
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Occasionally 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.
