Economic Development Manager

City Of Farmers Branch, TX Farmers Branch , TX 75234

Posted 3 weeks ago

Position Summary

Assists the Economic Development Manager in the the development and implementation of goals, objectives, policies and priorities for the City's economic development programs.

Essential Job Functions

Essential Job Functions represents 20%-50% of working time on a regular basis, subject to the varying demand of specific functions. All functions listed below are considered essential and are expected to be completed regularly and efficiently by any incumbent. Regular, punctual and on-site attendance is essential for all functions listed below.

  • Participate in the development and implementation of goals, objectives, policies and priorities for the economic development programs.

  • Oversee the City's economic development business visit program.

  • Participate in the development, analysis, formulation and administration of the division's budget; approve the forecast of funds needed for annual operations; approve expenditures and implement budgetary adjustments as appropriate and necessary.

  • Conduct monitoring of economic development program agreements for compliance with terms and conditions Conducts annual incentive evaluations by verifying compliance requirements. Monitors construction start dates related to real estate transactions.

  • Manage real estate acquisitions, dispositions as well as reporting on commercial real estate sector.

  • Recruit and retain large employers through existing programs and research new methods for business attraction.

  • Collect, analyze and compile economic, market and demographic data for dissemination.

  • Assist the Director of Economic Development in the administration of other economic development projects as assigned.

  • In absence of or at the direction of the Director of Economic Development, serve as liaison for the Economic Development office with other City departments, divisions and outside agencies; negotiate and resolve sensitive and controversial issues.

Education and Experience

Bachelor's Degree in business, finance or a related field required. 5 years of relevant work history, or any equivalent combination of education and experience.

Knowledge of Texas statutes regarding incentives, tax increment financing and use of municipal hotel occupancy tax.

Employment is conditional upon successful completion of a criminal background check, drug and alcohol test and motor vehicle review. A valid Texas Drivers' License, Class C, is required.

Knowledge, Skills and Abilities

Work requires advanced skills and knowledge in approaches and systems, which affect the design and implementation of major programs and/or processes organization-wide.

Independent judgment and decision-making abilities are necessary to apply technical skills effectively.

This position has responsibility of budgetary recommendations. This position monitors progress toward fiscal objectives and adjusts plans as necessary.

Advanced ability to interpret literature, books, reviews, scientific or technical journals, abstracts, financial reports, and/or legal documents. Advanced ability to apply fundamental concepts of theories, work with advanced mathematical operations methods, and functions of real and complex variables. Advanced ability to write editorials, journals, speeches, manuals, or critiques.


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