What are the responsibilities and job description for the TIRZ Analyst position at Town of Flower Mound?
JOB
Under immediate supervision of the CIP Manager, the TIRZ Analyst is responsible for the operational and financial management of Tax Increment Reinvestment Zones (TIRZ), ensuring program effectiveness and compliance. This position requires extensive coordination with internal and external stakeholders, financial oversight, and the development of TIRZ agreements and policies.
EXAMPLE OF DUTIES
WORK ACTIVITIES: • Oversee the operational and financial management of Tax Increment Reinvestment Zones (TIRZ), ensuring accurate management of funds and adherence to town policies.• Conduct detailed financial forecasting and regular audits of TIRZ revenues, expenditures, and contracts. Ensure timely and accurate monthly reconciliations of project accounts and fund balances.• Evaluate and authorize the disbursement of TIRZ funds, ensuring all transactions comply with established Town policies and financial guidelines.• Develop, manage, and oversee the execution of TIRZ agreements and related development agreements, ensuring compliance with regulatory and financial requirements.• Facilitate effective communication and collaboration among key stakeholders, including engineering, finance, planning, town management, Town Council, developers, and the public.• Participate in development meetings with town staff and developers to provide expert guidance on TIRZ policies, requirements, and compliance measures.• Collaborate with legal counsel to review, negotiate, and finalize agreements, ensuring all contractual obligations align with municipal policies and legal standards.• Maintain and manage comprehensive records of development agreements, construction statuses, reimbursement requests, invoices, change orders, and other contractual agreements to support transparency and accuracy.• Deliver presentations and provide strategic recommendations to the Town Council, boards, and commissions as required, supporting informed decision-making. Prepare and present the annual TIRZ report, along with any mid-year amendments, to ensure transparency, financial accountability, and alignment with town objectives.• May assist the CIP Manager with the financial administration of the Town's CIP• Other duties as necessary
SUPPLEMENTAL INFORMATION
KNOWLEDGE / SKILLS / ABILITIES: • Strong understanding of municipal accounting practices and finance principles.• Strong verbal and written communication skills, with the ability to explain complex financial and operational concepts to non-experts.• Proficient in Microsoft Excel, with intermediate skills in data analysis, financial modeling, and reporting.• Excellent critical thinking skills and the ability to analyze financial and operational data to make sound decisions.• Strong time management abilities, with the capacity to manage multiple tasks and projects effectively under tight deadlines.PHYSICAL ABILITIES: The physical abilities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.• To perform the essential functions of the job must be able to talk, write, see, read and hear.Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.HIPAA COMPLIANCE STATEMENT: All employees who have access to health information whose confidentiality is protected by the HIPAA Privacy Rule must have an understanding and knowledge of the Privacy Rule that corresponds to their job responsibilities. Employees who violate the requirements of the HIPAA Privacy Rule will be subject to discipline, up to and including termination.
Under immediate supervision of the CIP Manager, the TIRZ Analyst is responsible for the operational and financial management of Tax Increment Reinvestment Zones (TIRZ), ensuring program effectiveness and compliance. This position requires extensive coordination with internal and external stakeholders, financial oversight, and the development of TIRZ agreements and policies.
EXAMPLE OF DUTIES
WORK ACTIVITIES: • Oversee the operational and financial management of Tax Increment Reinvestment Zones (TIRZ), ensuring accurate management of funds and adherence to town policies.• Conduct detailed financial forecasting and regular audits of TIRZ revenues, expenditures, and contracts. Ensure timely and accurate monthly reconciliations of project accounts and fund balances.• Evaluate and authorize the disbursement of TIRZ funds, ensuring all transactions comply with established Town policies and financial guidelines.• Develop, manage, and oversee the execution of TIRZ agreements and related development agreements, ensuring compliance with regulatory and financial requirements.• Facilitate effective communication and collaboration among key stakeholders, including engineering, finance, planning, town management, Town Council, developers, and the public.• Participate in development meetings with town staff and developers to provide expert guidance on TIRZ policies, requirements, and compliance measures.• Collaborate with legal counsel to review, negotiate, and finalize agreements, ensuring all contractual obligations align with municipal policies and legal standards.• Maintain and manage comprehensive records of development agreements, construction statuses, reimbursement requests, invoices, change orders, and other contractual agreements to support transparency and accuracy.• Deliver presentations and provide strategic recommendations to the Town Council, boards, and commissions as required, supporting informed decision-making. Prepare and present the annual TIRZ report, along with any mid-year amendments, to ensure transparency, financial accountability, and alignment with town objectives.• May assist the CIP Manager with the financial administration of the Town's CIP• Other duties as necessary
SUPPLEMENTAL INFORMATION
KNOWLEDGE / SKILLS / ABILITIES: • Strong understanding of municipal accounting practices and finance principles.• Strong verbal and written communication skills, with the ability to explain complex financial and operational concepts to non-experts.• Proficient in Microsoft Excel, with intermediate skills in data analysis, financial modeling, and reporting.• Excellent critical thinking skills and the ability to analyze financial and operational data to make sound decisions.• Strong time management abilities, with the capacity to manage multiple tasks and projects effectively under tight deadlines.PHYSICAL ABILITIES: The physical abilities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.• To perform the essential functions of the job must be able to talk, write, see, read and hear.Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.HIPAA COMPLIANCE STATEMENT: All employees who have access to health information whose confidentiality is protected by the HIPAA Privacy Rule must have an understanding and knowledge of the Privacy Rule that corresponds to their job responsibilities. Employees who violate the requirements of the HIPAA Privacy Rule will be subject to discipline, up to and including termination.
