Senior Project Finance Specialist

Senior Project Finance Specialist (4-year term)

Join us in enabling trade through Canada’s largest port

The Vancouver Fraser Port Authority is an arm’s-length federal agency responsible for the shared stewardship of the lands and waters that make up the Port of Vancouver, Canada’s largest port. Our mandate, as outlined in the Canada Marine Act, is to enable Canada’s trade objectives on behalf of all Canadians, ensuring the safe movement of goods through the Port of Vancouver while protecting the environment and considering local communities.

As an organization with a significant impact on communities and businesses across Canada, the Vancouver Fraser Port Authority is dedicated to diversity, inclusion, and sustainability. We strive to create a workplace that mirrors the richness of our community, empowering all employees to achieve their full potential.

The Senior Project Finance Specialist is responsible for complex financial analysis and services for major infrastructure projects, providing sole financial analytical support to the Roberts Bank Terminal 2 (RBT2) program. Ensures a comprehensive financial model, clearly articulating risks and opportunities while collaborating across the RBT2 team.

• Develop, maintain, update, and improve upon the project financial models with financial consultants to support VFPA’s procurement, investment and project financing decisions with respect to the RBT2 project, and that will withstand due diligence by potential investors and funders to the project. Ensure that additional scenarios are developed and analysis is undertaken to understand potential impacts on the project of changes to the underlying assumptions including but not limited to alternative approaches and value engineering
• Responsible for developing and maintaining the financial model for RBT2 to present an integrated business case considering multiple factors and complexities, developing the model utilizing inputs from a large, multi-disciplinary team. Drive resolution for any assumptions that are inconsistent. Prepare and lead overview presentations to senior VFPA leadership and potential external investors on the financial model development, inputs, outputs, risks and opportunities.
• Ensure assumptions driving the financial model are meticulously documented, thoroughly reviewed, and consistently updated to reflect the latest insights and data. Ensure the basis for any financial models scenarios presented are clearly articulated and properly diligenced. Assess and identify gaps/differing assumptions from varying inputs to ensure consistency in the model.
• Drive the review and approval process for any proposed changes to the assumptions in the financial model, applying critical thinking skills to assess the changes, indicate impacts, risks and opportunities, and work with the multi-disciplinary team to receive, analyze and incorporate approved changes into the model. Take ownership of updates to assumptions in the model and ensure they are done in a timely manner.
• Evaluate reports, data, and models on project capacity, operations, and performance, providing insights to stakeholders and compare against relevant projects to refine and enhance business case inputs and outputs.
• Review cost control and corporate financial models to ensure alignment with capital affordability and project objectives. Liaise with VFPA’s Treasury and Financial Planning & Analysis Departments to update the project financial model to reflect various scenarios on project affordability and funding, to inform significant, multi-billion dollar decision making. Prepare and communicate to senior leadership outcomes and implications of various financing scenarios to support decision making.
• Working with VFPA’s financial advisor, develop and implement the strategy to secure funding sources for the program including preparing and presenting responses to due diligence questions by potential investors
• Work closely with the procurement team to develop the procurement strategy for RBT2 and other capital projects considering financial implications to VFPA and business case implications of various procurement strategies including…