Business Development Officer

Department: Industry, Tourism and Investment

The Department of Industry, Tourism and Investment (ITI) works through wide-ranging partnerships and initiatives to deliver quality programs and services that promote and support economic development, diversification and prosperity in the interest of Northwest Territories residents – their businesses and communities.

Job Information

The position is located in Inuvik and reports to the Manager, Trade and Investment. It serves the communities of Fort McPherson, Tsiigehtchic, Inuvik, Aklavik, Tuktoyaktuk, Paulatuk, Sachs Harbour, and Ulukhaktok. The incumbent is responsible for a wide range of business programs and services. This position makes recommendations to the Regional Panel on loans and contributions. Failure to provide adequate services will jeopardize the ability of communities and small businesses to take advantage of available opportunities and/or may result in significant wasted or mismanaged funds on the part of the Business Development and Investment Corporation, Support for Entrepreneur and Economic Development and other programs delivered by the Department of Industry, Tourism and Investment.

The incumbent will be expected to work closely with a variety of organizations, agencies, and communities, as well as internal staff to optimize business development in the area. The incumbent is also responsible for providing high-quality financial and business advice to small businesses to further develop the Beaufort Delta Region. This advice will have an impact on business development.

The incumbent is also tasked with assisting in developing major economic initiatives in the Beaufort Delta Region. These initiatives may take a considerable amount of time and knowledge and can have significant and lasting impacts on the economy in the Beaufort Delta Region.

Knowledge, Skills and Abilities

1. Generally accepted accounting principles.
2. Financial analysis and planning.
3. Financial Management.
4. Risk assessment.
5. Commercial credit evaluation and lending practices.
6. Loan evaluation and collections procedures.
7. Business planning and evaluation.
8. Small business organization, finance, marketing, and operations.
9. Northern business issues, practices, and licensing regulatory requirements.
10. Strong analytical/financial skills.
11. Effective speaking, presentation, and negotiating skills.
12. Attention to detail and high level of accuracy.
13. Very effective organizational skills.
14. Commercial credit and lending skills.
15. Good general business skills including knowledge of marketing, finance, accounting.
16. Computer skills including the ability to operate spreadsheet, word processing, and computerized accounting programs.
17. Effective communication skills (oral and written).
18. Time management skills.
19. A strong people orientation.
20. A desire to learn and adapt.
21. Self-directed.
22. Ability to maintain confidentiality.
23. Possess cultural awareness and sensitivity.
24. Demonstrate sound work ethics.

Typically, the above qualifications would be attained by:

The incumbent requires a significant depth and breadth of knowledge, skills, and experience in such diverse areas as commercial credit and lending, business development/management, business program delivery, and human resource management.

The incumbent would normally acquire the required knowledge and skills for this position through the completion of the following:

1. A Degree in Commerce or Business Administration combined with two years of related experience in economics, accounting, finance, and marketing, commercial lending.
2. Or a Diploma in Business Management/Administration with four years of related experience in economics, accounting, finance, and marketing, commercial lending.

ADDITIONAL REQUIREMENTS

A Class 5 Driver's License is required.

GNWT Inquiries

Inquiries Only:

Inuvik HR Client Service Centre
Department of Finance
Government of the Northwest Territories
1st FLOOR ALEX MOSES GREENLAND BUILDING
BOX 1869
INUVIK, NT X0E 0T0
Tel (867) 678-8071 Ext 15644
Fax (867) 678-6620
jobsinuvik@gov.nt.ca

Note: If you do not receive electronic notification confirming receipt of your application, please follow up via telephone.