Temporary Senior Financial Analyst - Asset Management and Financial Planning

Finance

Temporary

1

Non-Union

$99,903.00 - $

Reporting to the Supervisor of Financial Planning and working closely with the Supervisor of Infrastructure and Asset Management in the Operations Department, the Senior Financial Analyst (Asset Management and Financial Planning) will oversee the financial planning aspects of the Town’s corporate Asset Management Plan (AMP) to meet provincial requirements and aim to optimize investments or reinvestments in Town assets based on data.

This position will play a key role in the evolution and monitoring of a sustainable long-term funding strategy for the Town’s current and future (growth related/contributed) assets. The work completed by this position will be used to inform the prioritization of asset management needs for the annual budget, and the Town’s overall financial strategy, which will also impact reserve management policies and the investment strategy.

This position will also be actively involved in creating, updating and presenting all required Asset Management Plan updates to the public and Council.

The Town’s asset management plan encompasses a diverse group of asset classes including roads, bridges, culverts, stormwater, buildings, land improvements, machinery, equipment, and vehicles which must be managed in alignment with the Town’s long-term goals and objectives as established by Council.

The following responsibilities and duties of this position includes but is not limited to:

• Work with the Supervisor of Infrastructure and Asset Management to develop and carry out the Town’s corporate Asset Management Program and Asset Management Plan updates.
• Prepare financial analysis for asset management. This includes replacement and intervention costs, short- and long-range reinvestment forecasts, and lifecycle and economic analysis based on asset deterioration, risk, levels of service and climate change impacts.
• Prepare lifecycle cost estimates for growth-related infrastructure projects.
• Build a transparent, defensible capital investment plan that links level-of-service targets, asset performance and risk, backed by financial and non-financial data such as asset condition and the cost of maintaining versus replacing an asset.
• Work with the Senior Financial Analyst (Tangible Capital Assets) to keep the Town’s asset inventories and databases accurate, including additions, disposals, replacement values, depreciation and insurance information.
• Develop and maintain the Financial Sustainability Plan, including annual model updates, reporting and recommended policy changes.
• Support the annual budget with financial analysis, including reserve and reserve fund projections and reviews, to make sure balances are adequate.
• Develop and maintain key performance indicators, Asset Management Plan templates and annual reporting.
• Provide scenario analysis, cost-benefit analysis and other reporting to support senior leadership decisions.
• Prepare reports and presentations on asset management and long-range financial planning for staff and Council.
• Help with external reporting, such as financial statements, ministry reporting, and surveys and information requests from other municipalities, Statistics Canada, professional organizations and consultants.
• Review and update financial and asset management policies, procedures and system documentation, and make sure the Town follows asset management legislation.
• Give financial advice and direction to staff in other departments, and provide technical information to stakeholders.
• Act as the asset management subject matter expert on special and cross-department projects, such as software implementations and upgrades.
• Back up the Senior…