Senior Financial Analyst, Development Capital

At Halton Region, we treat everyone with respect, honesty, fairness and trust. As an equal opportunity employer, we are committed to establishing a qualified workforce that is reflective of the diverse population we serve. Halton Region is committed to providing accommodation to individuals with disabilities throughout the recruitment process.

 

At Halton, you are encouraged to grow and succeed in your career and are recognized for your accomplishments and contributions. As an employee, you will be part of a progressive, service focused and award winning employer with a diverse and inclusive work environment and strong long-term financial position and AAA credit rating.

 

As an employer of choice, Halton Region recognizes the many benefits of hybrid work arrangements including flexibility and better work-life balance for our employees. This position is eligible for our Hybrid Work Program.

 

Posting ID: 3322
Department: Finance
Division: Capital & Development Financing
Pay Range: $85,787 - $114,364
Job Type: Permanent
Hours of Work: 35 hours per week
Work Location: 1151 Bronte Road, Oakville, Ontario 
Employee Group: OCT
Posting Date: July 9, 2024 
Application Deadline: July 23, 2024 

 

 

Job Summary

This position is responsible for providing financial support in developing and implementing long-range financial plans, working with various stakeholders on leading and compiling required analyses.

Duties & Responsibilities

  • Provide primary financial support for the preparation of the Development Charges Background Study; leading the compilation of required data in working with multi-disciplined professionals and cross-functional staff; calculation of development charges under Development Charges Act; and provision of related analyses.
  • Provide financial support in creating development-related long-range financial plans; including cash flow, pay back, cost benefit and what-if analyses under various scenarios.
  • Lead in the implementation of the development-related financial plans; including the preparation/implementation of financial agreements with developers; monitor of project performance in liaison with project managers; determining cash flow requirements in project accounts; coordinating the administration/reporting of funding transactions in accordance with terms set out in the agreements and the Region’s capital financing policy; and addressing stakeholder inquiries.
  • Prepare the development-related capital component of Halton’s ten-year capital budget, in accordance with a development financing plan framework, and liaises with Capital Budget team for the successful preparation/implementation of the annual capital budget.
  • Undertake financial analyses in support of identifying financial implications arising from bid/staff reports concerning development-capital projects; provide input in preparing semi-annual capital variance and closure reports; and prepare financial reports at year-end and as required, including Development Charges Reserve Funds Statements in accordance with guidelines set out in Development Charges Act.
  • Provide expertise and guidance to Finance leadership on applicable policies and considerations that need to be addressed and provide their impact on the delivery of Regional programs and services.
  • Prepare presentations, briefing notes, business cases, project management documents, training materials, resources, and reports for Management and Council.
  • Performs other duties as assigned.

Skills & Qualifications

Essential

  • University degree in Finance, Accounting, or Economics.
  • Five (5) years’ experience working in a financial environment.
  • Knowledge of the Development Charges Act and regulations.
  • Excellent analytical skills and ability to work effectively under pressing deadlines.
  • Experience coordinating professionals and cross-functional teams.
  • Strong computer skills, particularly with spreadsheets, databases, presentation software and SAP.
  • Exceptional communication and conflict resolution skills with an aptitude for learning and adapting to change.
  • A combination of education and experience will be considered.

 

Preferred

  • Professional Accounting designation.
  • Experience working in municipal finance.

Important information about your application:

  • In accordance with requirements in Ontario Regulation 191/11 – Integrated Accessibility Standards and the Ontario Human Rights Code, Halton Region will accommodate the needs of individuals with disabilities throughout the recruitment process.  If you require accommodation at any stage of the recruitment process, please inform the Talent Acquisition representative of the nature of the accommodation(s) you require.  
  • Please submit your application online. We will accommodate individual needs for applicants with disabilities and others who are not able to apply online. If you experience any issues with submitting your application, please contact HR Access at 905-825-6000 extension 7700.   
  • Applications will be accepted until 11:59 p.m. on the deadline date specified on the posting.
  • We encourage applications from all qualified individuals; however, only those under consideration will be contacted.
  • Personal information collected through the job application process will only be used for the purpose of determining qualifications for employment.
  • If selected for an interview, you will be contacted by email and/or phone. Please ensure the contact information provided on your resume is up to date and that you check your email and voicemail regularly.

 

Halton Region serves more than 624,000 residents throughout Burlington, Halton Hills, Milton and Oakville. We are committed to the delivery of high quality programs and services that make Halton a great place to live and work. We engage great people who contribute to meaningful work that makes a positive difference in our community.