Financial Analyst; Development Charges and Asset Management

Position: Financial Analyst (Development Charges and Asset Management)

Financial Analyst (Development Charges and Asset Management)

Job Number: 3676
Job Type:Full-Time
Location: 150 Frederick St - Regional Admin Headquarters
Job Category: Financial
Number of Positions:1
Department: Infrastructure Financing
Division: Corporate Services
Hours of Work: 35 hours per week - hybrid schedule (3 days in office, 2 days at home)
Union: Management/Management Support
Grade: Management/Management Support Grade 06
Salary Range: $91,291.20 - $

About Us!
The Region of Waterloo is a thriving, diverse community committed to fostering opportunities for current and future generations. Waterloo Region is part of the Dish with One Spoon wampum, a treaty guiding our commitment to:

• Taking only what we need
• Leaving some for others
• Keeping the dish clean

This agreement underpins our vision, mission, and core value, and reinforces our dedication to meaningful reconciliation and equity.
Waterloo Region is home to over 674,000 residents and expected to grow to nearly one million by 2051.
Guided by our  Strategic Plan, “Growing with Care,” we prioritize homes for all, climate aligned growth, equitable services and opportunities and a resilient and future ready organization. Our mission is to provide essential services that enhance the quality of life for all residents, while our core value emphasizes caring for people and the land we share. Join us and be part of a team dedicated to making a meaningful difference in our community.

The Role

Provides/oversees the provision of budgeting, accounting, and financial analysis services and support for clients; and provides financial analysis and reports for senior staff, Council, and Committee. Supports the ongoing development of the Region’s Asset Management Program. Administers the collection, appropriation, and reporting of regional Development Charges (DC) and assists in the coordination of DC By-law review.

Duties/Responsibilities

• Supervises an Accounting Coordinator. Provides training to clients who use accounting and/or budgeting systems, and on related policies and procedures.
• Supervises the collection, appropriation, and reporting of DCs. Oversees the preparation of DC related reports to Council, including annual Transaction and Sustainability reports. Assists the Manager/Director in the management of periodic and legislated reviews of the DC By-law. Performs analyses related to overall DC quantum and reserve fund projection, phase-ins and discounts, exemption funding, complaints, and other policy and calculation issues as required.
  
  Interprets related by-law(s) and reviews DC certifications to ensure compliance with the Region’s by-law, the Act, and regulations. Supervises allocation of collections, exemptions, and discounts to appropriate reserve funds. Responds to inquiries from area municipalities and the development community regarding DCs. Maintains the information on the Region’s Development Charge Web Page.
• In collaboration with the Asset Management Office (AMO), supports the ongoing advancement of the Region’s Asset Management Program, including the development, implementation, and maintenance of asset management policies, plans, and procedures. Provides support for asset management related technology implementations, data analytics, and data management across functional areas.
• Prepares base operating and capital budgets for client review/approval. Prepares initial budgets, and reviews and makes changes per client/corporate/federal and provincial government decisions. Provides input into service expansion requests and service level adjustments, including projecting financial impacts.
• Analyzes, interprets, and communicates financial information, including developing forecasts, summaries, cost benefit analysis, fees and charges, and continuity schedules. Participates in planning, coordinating, and organizing the preparation and approval of the budget.
• Develops and administers capital financing plans for clients, including debentures, development charges, reserve funds, and other types of financing. Updates capital budgets based on Council approvals. Determines year-end carry forward budget amounts and financing requirements for capital projects.
• Administers…