Economic Development Specialist - Buda, United States - City of Buda, TX

Description

About Us:


A Great Place to Work
The City of Buda is a fantastic organization to work for, one that values both its customers and employees. Employment with the City of Buda offers opportunities for personal and professional growth in a dynamic environment.

The City of Buda is searching for talented and motivated individuals who are committed to practicing the qualities of Meeting the Needs of the Citizens.

People requiring assistance should contact the City's Department of Human Resources at

Equal Employment Opportunity

It is the City of Buda's policy to provide equal employment opportunity through recruitment, selection, retention and advancement in all job classifications, without regard to race, color, religion, sex, age, national origin or disability, and to ensure that all matters affecting employees' terms and conditions of employment are administered in a manner consistent with applicable federal, state and local law.

Job Detail:


Economic Development Specialist (Open Positions: 1)**:

Closes On:
June 7, 2024 at 11:59 PM CST


Department:
Economic Development Corporation


Job Status:
Full-Time


Status:
Open Until Filled


Details:
$60,000 to $65,000 depending on qualifications.

Mandatory 7% TMRS contributions
Job Description Summary:

JOB SUMMARY

The Economic Development Specialist performs various professional and technical duties involving research, design, implementation, and monitoring of economic development programs.

The Economic Development Specialist is responsible for providing support to the Business Retention and Recruitment teams through, but not limited to, completing comprehensive research work on various businesses, properties, and markets, developing detailed response packages to requests for proposals or leads, coordinating and implementing projects and programs that support commercial, office, retail, and light industrial development; business attraction; business retention; small entrepreneurial business development initiatives; and other economic development, and redevelopment improvement programs or projects.

ESSENTIAL JOB FUNCTIONS

• Conduct economic development project analysis, recommend terms of incentives, and coordinate incentive approval process.
• Generate queries in databases and research lists of existing and prospective businesses for attraction, retention efforts, and lead generation, maintaining detailed site and building information.
• Support programs to encourage the attraction and expansion of new and existing employers to the community.
• Implement the recruitment strategy by creating tailored templates, responses, and marketing documents with the Marketing Communications Manager.
• Analyze real estate development projects and financial gaps, conduct costbenefit analyses, and make recommendations to EDC leadership to include incentive and project financing structure.
• Identify local, regional, and national site consultants, corporate real estate executives, and brokers to help EDC team build relationships and network.
• Assists with implementation and compliance of economic development programs such as special districts, economic incentives, enterprise zones, and existing development agreements.
• Responsible for tracking and maintaining databases to ensure compliance with agreements.
• Monitors progress of goals and objectives as outlined in the strategic plan utilizing performance metrics and regular reporting to assess and communicate outcomes.

QUALIFICATIONS

Required Education and Experience:

• Two years of experience are required with an economic development organization/department

Preferred Education and Experience:

• A bachelor's degree in business administration, marketing, finance, data science, or a related field is preferred.
• At least 4 years of related work experience in economic development, real estate development, site selection, finance, sales/marketing, or any combination of these fields is required.
• Experience in financial analysis, recruitment, project management, database management, and economic development tools and programs

Required License and Certifications:

• Current State of Texas Class 'C' Driver's License required.
• Basic Economic Development Course completed within six months of start through our professional development funding.
• IEDC Business Retention and Expansion Course taken within six months of start date.
• IEDC Attraction Course is taken within six months of the start date.

Knowledge, Skills, and Abilities:

• Skilled in developing detailed response packages to requests for proposals or leads, coordinating and implementing projects and programs supporting retention and attraction/recruitment functions.
• Knowledge of regulations and procedures concerning economic development, as well as statistics and mathematics applicable to economic analysis.
• Knowledge of small business finance options.
• Knowledge of methods and sourc