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Mar 09, 2023

Managing Economist

  • California Department of Finance
  • Hybrid (Sacramento, CA, USA)
  • $8,759 - $9,945 monthly
Full time Government

Job Description

Apply here: https://www.calcareers.ca.gov/CalHrPublic/Jobs/JobPosting.aspx?JobControlId=360221 

Are you looking for a position in a fast-paced, prestigious organization with great potential for personal development and career advancement? Would you find working with the top management in State Government and with the State Legislature exciting and rewarding? If so, the Department of Finance offers a broad range of professional career paths in such areas as budgeting, accounting and auditing, information technology, economic and population research, and general administration.

Look no further, apply today!

Forecasting:

The Economic Research Unit within Forecasting is responsible for the official economic forecasts for California, and the Chief Economist is the state’s recognized economic expert.

 Under the administrative direction of the Program Budget Manager and Chief Economist, the Research Data Manager will direct, manage, and review the work of the Economic Research Unit with producing the official economic forecasts for the state of California and other work products ensuring the data is accurate, analysis is complete and follows Finance writing style guidelines. This includes, but is not limited to: economic research projects, developing state-wide and regional economic analysis models, updating economic data and maintaining the economic forecast.

 The Research Data Manager will also assist the Chief Economist with the Governor’s Council of Economic Advisors, managing meetings and keeping members informed of critical economic issues, and planning and participating in economic forecast conferences. The Research Data Manager may present economic data and information to interested parties and at events. In addition, the incumbent is expected to participate in the research initiatives of the Forecasting Unit, Finance, and the Governor’s Office.

 Regulations:

This position functions as the lead reviewer for impact assessments of major regulations in the Economic Research Unit, including filling in for the Chief Economist on regulatory issues. The major regulations review program was established in 2013 to oversee the impact assessments written by state agencies proposing new regulations currently having costs or benefits of at least $50 million in a year. The Research Data Manager is expected to participate in ongoing reviews, develop process improvements for regulatory reviews and oversee regulations review process. This position takes responsibility for completing reviews of impact assessments, manages the outreach and training program to state agencies, and supervises the Research Data Specialists assigned to regulatory reviews. The incumbent cooperates closely with the Demographic and Revenue teams, as well as Finance Budget Units to ensure state agencies follow Finance regulations; impact assessments cover the main economic impacts of the proposed regulation; and policy and budgeting implications are understood by appropriate staff in Finance and across the state.

Required Application Package Documents

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

  • Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov. All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
  • Other - A current curriculum vitae or resume
  • Other - Names and contact information of three references (at least one that can speak to management experience)
  • Statement of Qualifications - See below Statement of Qualifications section

Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.

Required Qualifications

  • Demonstrated ability to plan, organize, and direct the work of multi-disciplinary professional staff.
  • Knowledge of methods of administrative problem solving, and personnel management experience.
  • Knowledge of applied economics, with particular emphasis on impact assessments of policy.
  • Demonstrated familiarity with macroeconomic forecasting.
  • Experience and working knowledge of current economic issues and conditions and data including, but not limited to, labor market, personal income, housing, and inflation.
  • Knowledge of U.S. and California’s economic history.
  • Ability to communicate complex issues and explain economic concepts using simple language, in written and oral form.
  • Demonstrated ability to write clear and understandable economic memos.
  • Knowledge of economic impact assessments of policy.

Desirable Qualifications

In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:
  • Knowledge of principles, practices, and trends of public administration, organization, management, and policy formulation and development, including the rulemaking process.
  • Knowledge of regulations and regulatory review in California or another state.
  • Knowledge of the Department’s Equal Employment Opportunity (EEO) Program objectives, the manager’s role in the EEO Program, and the processes available to meet EEO.
  • Ability to analyze administrative policies, organization, procedures, and practices.
  • Ability to develop cooperative working relationships with representatives of all levels of government, the public, and the Legislative and Executive branches.

Equal Opportunity Employer

The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.

California Department of Finance
About California Department of Finance

Because we function as the Governor’s chief fiscal policy advisor, our employees work on issues and programs that are of concern to the Governor, the Legislature, and the people of California. Working at the Department of Finance (Finance) provides unique opportunities for learning the operations of State government and shaping public policy and processes in one of the largest economies in the world. Finance serves as the Governor’s chief fiscal policy advisor and promotes long-term economic sustainability and responsible resource allocation. Professional career paths at Finance include:

  • Accounting Policies and System Support – The Fiscal Systems and Consulting Unit (FSCU) sets statewide fiscal and accounting policies and procedures. The unit provides fiscal and accounting training, advice, and consulting services to departments to ensure that the state’s assets are protected, and that accurate and timely financial information is maintained. FSCU provides guidance on statewide fund reconciliation, administers the federal Cash Management Improvement Act and statewide cost allocation plans. The unit participates in the development of statewide financial systems and represents the state on a variety of accounting and federal issues. 
  • Administration – The Administrative Services Unit provides Finance employees with support and customer service in many areas such as business services, human resources, information technology, learning and development, and Finance’s operating budget. 
  • Budget and Policy – The budget and policy units are responsible for a wide range of fiscal policy responsibilities, including the preparation, enactment, and administration of the Governor’s Budget. Staff work with top management of state government and legislative staff regarding fiscal and programmatic policies of the Administration. Budget and policy staff also provide fiscal and programmatic analyses of legislative bills and make recommendations to the Governor and the Legislature. 
  • Demographic, Economic Research, and Revenue and Taxation – These units are responsible for monitoring and forecasting the state’s population, economic, and tax revenue trends to support all fiscal and the Finance 2019 Leadership Accountability Report December 31, 2019 Page 1 of 8 policy decisions. The Demographic Research unit is designated as the single official source of demographic data and enrollment and population projections for state planning and budgeting. The Economic Research unit develops California economic data, prepares economic forecasts, and provides advice on economic policy issues. The Financial Research unit builds and maintains revenue forecasting models, provides revenue forecasts to assist the Executive Branch in preparing the state budget, and analyzes regulations and developments affecting tax laws.
  • Office of State Audits and Evaluations – OSAE supports Finance in supervising the state’s financial and business policies and conserving the state’s rights, interests, and resources through independent financial audits and objective evaluations of state programs and policies, and other related services. Also, OSAE monitors and coordinates statewide State Leadership Accountability Act compliance, issues Audit Memos to provide instruction to departments and internal audit organizations, promotes bond accountability through ongoing oversight activities, and coordinates and carries out the state’s responsibility related to the federal Single Audit Act
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