Economic/Fiscal Analyst or Economic/Fiscal Senior Analyst

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Delaware Department of Finance

is Now Offering Hiring Incentive for

Economic/Fiscal Analyst or Economic/Fiscal Senior Analyst 

The Delaware Department of Finance recognizes the Economic/Fiscal Analyst or Economic/Fiscal Senior Analyst plays a critical role at our agency.  For that reason, we are now providing monetary recruitment incentives for this position in accordance with our Recruitment Program Policy and Procedures.

Hiring Incentive– $6,000

· $3,000.00 incentive paid after completion of month 6 and again at month 12. Employee must have been in an active payroll status after the last day of incentive period. 

Incentives are paid in installments as noted above.  Must be a new hire to the State of Delaware.

NOTE: You will receive more information during the hiring process. This program is administered by the Department of Finance Human Resource Department.  The program may be terminated by Finance at any time with or without notice.

The successful candidate will report to the Director of Research and Analysis. The position is responsible for researching and analyzing complex economic, legislative, and fiscal policy issues, focusing on tax policy and revenue forecasting. The position may oversee or direct special projects on behalf of the Department and will work with the State's fiscal leadership teams, financial officials of other states, and private-sector entities to keep abreast of economic conditions, which may significantly affect the state's financial position.  This position prepares and presents economic and revenue forecasts and analyses to the Delaware Economic Forecasting Advisory Council for use in determining the state's current and projected financial picture.

Essential functions are fundamental, core functions common to all positions in the class series and are not intended to be an exhaustive list of all job duties for any one position in the class. Since class specifications are descriptive and not restrictive, incumbents can complete job duties of similar kind not specifically listed here.

• Supervises and participates in in-depth research and analysis of existing and/or proposed legislation and the development of impact analysis. Formulates recommendations, policies and plans regarding revenue sources, tax laws and expenditures.
• Oversees and participates in the identification and analysis of economic factors affecting revenues, projections of trends, evaluation of impact of fiscal policies and makes recommendations.
• Utilizes and directs the use of econometric techniques and computer simulation modeling to accurately generate complex economic forecasts.
• Directs and participates in the development and preparation of research and studies of state and national economics and other fiscal matters.  Prepares complex analytical reports of findings and recommendations.
• Supervises the data collection, development and maintenance of comprehensive data banks for state revenues and expenditures for use in the preparation of viable analytical reports pertaining to state fiscal policy.
• Provides concurrent budgetary analysis by overseeing and participating in the monitoring of state revenues and disbursements to ensure state revenues are performing as expected and to determine if expected and to determine if expenditures are within budgeted amounts. Develops recommendations to minimize expenditures.
• Maintains contact with top level officials and fiscal management personnel from all departments in the state, other state and local governments, private companies in order to maintain current and accurate data and keep abreast of economic conditions which may significantly impact on the state's financial picture.
• Keeps abreast of evolving computer simulation and modeling and direct the development/implementation of same in order to ensure the provision of the most effective and accurate analysis and projections.

JOB REQUIREMENTS for Economic/Fiscal Analyst
Applicants must have education, training and/or experience demonstrating competence in each of the following areas:

1. Possession of a Bachelors degree or higher in Public Administration, Economics, Business Management, Accounting, Finance, Public Policy or related field.
2. One year experience in econometrics such as the application of mathematical and statistical techniques to economics in the study of problems, the analysis of data, and the development and testing of theories and economic models.
3. One year experience with tax policy, economic or financial analysis, involving large data sets.
4. Six months experience with public finance such as analyzing government revenue and expenditures, public trusts and investments, budgets and taxation; evaluating economic impact, making projections and recommending public policies.
5. Coursework, training and/or work experience in computer modeling for analysis, simulation, and forecasting. 

JOB REQUIREMENTS for Economic/Fiscal Senior Analyst
Applicants must have education, training and/or experience demonstrating competence in each of the following areas:

1. Possession of a Bachelors degree or higher in Public Administration, Economics, Business Management, Accounting, Finance, Public Policy or related field.
2. Two years experience in econometrics such as the application of mathematical and statistical techniques to economics in the study of problems, the analysis of data, and the development and testing of theories and economic models.
3. Two years experience in tax policy, economic or financial analysis, involving large datasets.
4. Six months experience with public finance such as analyzing government revenue and expenditures, public trusts and investments, budgets and taxation; evaluating economic impact, making projections and recommending public policies.
5. Coursework, training and/or work experience in computer modeling for analysis, simulation, and forecasting.

Applicants must be legally authorized to work in the United States. The State of Delaware Executive Branch participates in the Federal E-Verify system where the State will provide the federal government with each new hires Form I-9 information to confirm that you are authorized to work in the U.S. For more information refer to our job seeker resources.

Applicant must complete satisfactory criminal background check, reference checks, confirmation of compliance with federal and state tax laws, and any other required condition of employment.

To learn more about the comprehensive benefit package please visit our website at https://dhr.delaware.gov/benefits/

The application and supplemental questionnaire are evaluated based upon a rating of your education, training and experience as they relate to the job requirements of the position.  It is essential that you provide complete and accurate information on your application and the supplemental questionnaire to include dates of employment, job title and job duties.  For education and training, list name of educational provider, training course titles and summary of course content.   Narrative information supplied in response to the questions must be supported by the information supplied on the application including your employment, education and training history as it relates to the job requirements.

Once you have submitted your application on-line, all future correspondence related to your application will be sent via email.  Please keep your contact information current.  You may also view all correspondence sent to you by the State of Delaware in the “My Applications” tab at StateJobs.Delaware.gov.

Accommodations are available for applicants with disabilities in all phases of the application and employment process.  To request an auxiliary aid or service please call (302) 739-5458. TDD users should call the Delaware Relay Service Number 1-800-232-5460 for assistance.

The State of Delaware is an Equal Opportunity employer and values a diverse workforce. We strongly encourage and seek out a workforce representative of Delaware including race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression.