Description
TITLE: Economic Development Officer
DEPARTMENT: Economic and Sustainable Development
SUPERVISOR: Director of Economic and Sustainable Development
SALARY: As per TFN Salary scale (qualification(s) and/or experience will be considered)
SUMMARY: Render quality services under the Community Economic Development Program, delivery of community economic development opportunities for the betterment of the community of Timiskaming First Nation while aiming for self-sufficiency.
MAJOR RESPONSIBILITIES:
• Assist with the responsibility for the delivery of the CEDP and services to satisfy the needs and expectations of the community of Timiskaming First Nation. • Assures the orientations, goals, objectives, policies and decisions of the Council are met, and adhered.
• Play an essential role in community sustainable development and a long terms strategic planning, with the community, the Council, the Director, and coordinates activities to support its implementation.
• Ensure new funding sources for community development.
• Assist the Director, Chief and Council and individual community members with business venture projects (feasibility studies and business plans).
• Seek out and analyze interesting opportunities for community business ventures.
• Keeps abreast of industry and government programs and activities which could have an impact on Timiskaming First Nation.
• Encourages and promotes community business investment and employment.
• Will assist with the responsibility to coordinate relations with mining and related companies.
• Assists in following through on various economic agreements signed by Council (Government and Industry).
• Work with various partners (financial, partnerships at the local and regional level). Undertake projects and feasibility studies related to specific economic development projects and execute approved projects to the implementation phase:
• Investigate potential investment opportunities.
• Participate in meetings with project promoters, investors, joint venture/partnership groups to gather information and provide guidance.
• Manage or conduct feasibility studies, interpret the results, and use the findings to assess the feasibility of business proposals.
• On projects which have received preliminary approval for further investigation, assess their economic viability and technical feasibility through the study of employment opportunities, loan repayment capacity, revenue and income produced social and environmental effects as directed.
• Plan and assist in determining the availability of the necessary labor force, land resources, training resources and capital funds, and legal requirements, to meet the proposed business projects’ needs.
• Prepares financial projections based on the results of external analyses and develop an operating plan incorporating the financial data into a complete business plan.
• Summarize findings of studies and data accumulated and prepare reports and presentations.
• Recommend projects for approval to the Chief & Council for approval.
• Develop communications plans for specific community projects.
• Engage in community consultation as directed to assess project feasibility.
• Keep informed of economic development initiatives within the community and regionally.
• Represent the community for economic development matters and liaison with potential investors, associations, and other Native communities.
EDUCATION AND EXPERIENCE REQUIREMENTS:
• Post-Secondary education in Commerce or Business Administration, with a Major in Finance, Accounting and/or Management.
• Five (5) years relevant work experience.
KNOWLEDGE & SKILL REQUIREMENTS:
• Knowledge of Timiskaming First Nation (TFN) and external funding agency policies and procedures.
• Knowledge of commercial lending concepts, business planning principles and strategic planning methods.
• Ability to employ financial, market and risk analysis techniques.
• Oral and written communication skills.
• Project management skills.
• Ability to utilize MS Office computer software.
• Knowledge of French language would be an asset.
Read more
DEPARTMENT: Economic and Sustainable Development
SUPERVISOR: Director of Economic and Sustainable Development
SALARY: As per TFN Salary scale (qualification(s) and/or experience will be considered)
SUMMARY: Render quality services under the Community Economic Development Program, delivery of community economic development opportunities for the betterment of the community of Timiskaming First Nation while aiming for self-sufficiency.
MAJOR RESPONSIBILITIES:
• Assist with the responsibility for the delivery of the CEDP and services to satisfy the needs and expectations of the community of Timiskaming First Nation. • Assures the orientations, goals, objectives, policies and decisions of the Council are met, and adhered.
• Play an essential role in community sustainable development and a long terms strategic planning, with the community, the Council, the Director, and coordinates activities to support its implementation.
• Ensure new funding sources for community development.
• Assist the Director, Chief and Council and individual community members with business venture projects (feasibility studies and business plans).
• Seek out and analyze interesting opportunities for community business ventures.
• Keeps abreast of industry and government programs and activities which could have an impact on Timiskaming First Nation.
• Encourages and promotes community business investment and employment.
• Will assist with the responsibility to coordinate relations with mining and related companies.
• Assists in following through on various economic agreements signed by Council (Government and Industry).
• Work with various partners (financial, partnerships at the local and regional level). Undertake projects and feasibility studies related to specific economic development projects and execute approved projects to the implementation phase:
• Investigate potential investment opportunities.
• Participate in meetings with project promoters, investors, joint venture/partnership groups to gather information and provide guidance.
• Manage or conduct feasibility studies, interpret the results, and use the findings to assess the feasibility of business proposals.
• On projects which have received preliminary approval for further investigation, assess their economic viability and technical feasibility through the study of employment opportunities, loan repayment capacity, revenue and income produced social and environmental effects as directed.
• Plan and assist in determining the availability of the necessary labor force, land resources, training resources and capital funds, and legal requirements, to meet the proposed business projects’ needs.
• Prepares financial projections based on the results of external analyses and develop an operating plan incorporating the financial data into a complete business plan.
• Summarize findings of studies and data accumulated and prepare reports and presentations.
• Recommend projects for approval to the Chief & Council for approval.
• Develop communications plans for specific community projects.
• Engage in community consultation as directed to assess project feasibility.
• Keep informed of economic development initiatives within the community and regionally.
• Represent the community for economic development matters and liaison with potential investors, associations, and other Native communities.
EDUCATION AND EXPERIENCE REQUIREMENTS:
• Post-Secondary education in Commerce or Business Administration, with a Major in Finance, Accounting and/or Management.
• Five (5) years relevant work experience.
KNOWLEDGE & SKILL REQUIREMENTS:
• Knowledge of Timiskaming First Nation (TFN) and external funding agency policies and procedures.
• Knowledge of commercial lending concepts, business planning principles and strategic planning methods.
• Ability to employ financial, market and risk analysis techniques.
• Oral and written communication skills.
• Project management skills.
• Ability to utilize MS Office computer software.
• Knowledge of French language would be an asset.
