Financial Analyst; Transportation, Strategic Initiatives and Asset Management

Financial Analyst (Transportation, Strategic Initiatives and Asset Management)

Job Number: 4803
Job Type:Full-Time
Vacancy Reason: Backfill
Location: 150 Frederick St - Regional Admin Headquarters
Job Category: Financial
Number of Positions:1
Department: Finance (Transportation Regional Development Charges

B)
Division: Corporate Services
Hours of Work: 35
Work Schedule: Mon-Fri, 8:30 AM-4:30 PM, hybrid: 3 days in-office / 2 days remote
Grade: Management/Management Support Grade 06
Salary Range: $93,347.80 - $ annually
Posting Date: August 20, 2026
Closing Date: August 28, 2026 at 11:59pm (Internals Only)

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.

Provides and supervises the provision of budgeting, accounting, and financial analysis services and support for clients (Transportation, Strategic Initiatives, Asset Management). Provides financial analysis and reports for senior staff, Council, and Committee.

• Supervises an Accounting Specialist.
• Trains clients on policies, procedures, and using accounting and budgeting systems.
• Prepares base operating and capital budgets for client review and approval. Prepares initial budgets, reviews, and updates based on decisions made by clients, leaders, and other levels of government. Provides input into budget issue papers, including projecting financial impacts.
• Analyzes, interprets, and communicates financial information, including developing forecasts, summaries, cost benefit analysis, fees, charges, and continuity schedules. Participates in budget planning, coordination, organization, preparation, and approval.
• 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 reserve and reserve funds to ensure adequate funds are available to finance capital projects. Develops long term strategies, scenarios, and projections to fund capital budgets.
• Monitors actual expenditures and revenues monthly against approved budgets and implements financial control procedures. Works with clients for forecasting and planning purposes; identifies possible variances; investigates and develops strategies to mitigate variances; and reports to senior management and Council as appropriate. Ensures budget reports are available for clients as requested.
• Administers/oversees the administration of financial accounts for clients, ensuring accurate financial reporting. Undertakes required analysis.
• Reviews and reconciles information to assist in the preparation of yearly financial statements, including trial balances, financial information returns, and financial statement notes. Records tangible capital asset accounting information in the general ledger.

• Prepares detailed financial analyses to determine the impact of program changes resulting from policy and legislative changes, and makes financial policy recommendations to senior management.
• Provides financial information, analyses, recommendations, and advice to clients, senior management, and Council, through standing committee and procurement report development and review, and as part of project teams with senior management, area municipalities, and other stakeholders (e.g., the Province).
• Administers the developer security function. Ensures work undertaken by the Region on behalf of developers and other external parties is properly secured prior to expenditures being incurred. Oversees monthly security reporting, and the increase / release
• of security as appropriate to ensure the Region is fully protected at all times.
• Participates in the periodic review of the regional development charge by-law.
• Prepares budget submissions, financial reports, and claims to other levels of government for client programs receiving funding and subsidy, ensuring compliance with requirements. Reviews agreements to ensure compliance with terms and…