Economic Development Tax Specialist

State of Nebraska • Lincoln, NE

3d • Onsite

About The Position

This position will provide policy guidance and assistance to internal and external customers regarding complex tax incentives issues. The position will educate DED internal and external customers on tax incentive programs and will be responsible for the development of incentive program guidelines and rules and regulations to assist in the efficient administration of the DED Tax Incentive programs. The position will work closely with the Business Recruitment team to assist with the understanding of the use of tax incentive programs in the context of a layered business recruitment package. The director or deputy director may assign this position special project which require a high level of attention to detail. The position will be responsible and capable of reviewing financial statements documentation to assist in determining appropriate aid packages. The position will be responsible for tracking Tax incentive legislation and assisting with its implementation. The position may be assigned additional special projects including communicating or presenting Incentives information to the public through webinars, conferences, or seminars. Assist with internal and external audits of tax incentive programs. Lead and coordinate financial reviews of tax incentive and grant programs. The position will respond directly to taxpayer inquiries regarding DED Tax Incentive programs and serve as a liaison to the Department of Revenue.

Requirements

• Bachelor’s Degree in: business, economics, public administration, community or regional planning, marketing, or related field and three years’ experience in complex tax program research and analysis.
• OR increasingly responsible work experience in business, accounting or finance may be substituted for the education requirement on a year for year basis in addition to three years’ experience in complex tax program research and analysis.
• Minimal (Less then 5%) travel may be required.
• As such, the incumbent must be able to present a valid driver’s license or another form of reliable transportation.
• Pay commensurate with experience.
• Regular and reliable attendance is required.
• Knowledge of: Department of Economic Development tax incentives programs, policies, procedures, processes, regulations, and tax rulings.
• Extensive knowledge of the policy development process, state and federal legislative processes and legislative research.
• Skill in: presenting persuasive arguments, organizing, and implementing processes.
• Ability to: communicate effectively with a wide range of people, interpret state statutes, and judge the relative merits of arguments.
• Conduct independent research and analysis of complex tax incentive programs.

Nice To Haves

• A bachelor's degree in economics, accounting, or tax incentive experience is preferred.

Responsibilities

• Reviews, analyzes, and research financial statements for businesses to recommend appropriate financial assistance and tax incentives for economic development projects.
• Advises Economic Development Tax Incentive Division staff and businesses about the financial impact of tax incentives.
• Investigates, analyzes, researches, and presents proposed policies, processes, legislation, regulations, and rulings in the assigned program.
• Monitors, analyzes, and interprets legislative, policy, and/or regulatory developments (both state and federal) for the assigned program.
• Develops policy, regulations, and/or procedures to address changes or compliance needs in the assigned program.
• Coordinates the implementation of changes to the assigned program, including communications to taxpayers, training internal staff, educational pamphlet design, etc.
• Develops internal and external educational presentations and information guides.
• Presents educational programs at conventions, seminars, and educational institutions to keep tax attorneys, accountants, and practitioners up to date with economic development tax incentive programs.
• Resolves complex program problems where precedent is widely divergent and resolution ultimately rests upon a thorough and current knowledge of laws, policies, regulations, procedures, processes, and industry practices.
• Examines, researches, and resolves program issues delivered through correspondence, personal interviews, and assignments.
• Coordinates special projects assigned by the Director, Deputy Director, Administrators or Managers, such as researching new tax incentive programs.
• All duties as assigned within the scope of the classification.

Benefits

• 13 paid holidays
• Vacation and sick leave that begin accruing immediately
• Military leave
• 156% (that's not a typo!) state-matched retirement
• Tuition reimbursement
• Employee assistance program
• 79% employer paid health insurance plans
• Dental and vision insurance plans
• Employer-paid $20,000 life insurance policy
• Public Service Loan Forgiveness Program (PSLF) through the Federal government
• Wide variety and availability of career advancement as the largest and most diverse employer in the State
• Opportunity to be part of meaningful work and make a difference through public service
• Training and Development based on your career aspirations
• Fun, inviting teammates
• A safe and secure environment

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level