Manager, Infrastructure Financing

3 months ago

Kitchener, Canada Region of Waterloo Full time

Manager, Infrastructure Financing

**Job Number**:1750

**Job Type**: Full-Time
**Temp Contract Length**:
**Location**: 150 Frederick St - Regional Admin Headquarters
**Job Category**: Financial
**Number of Positions**:1
**Department**: Infrastructure Financing
**Division**: Corporate Services
**Hours of Work**: 35
**Union**: Management/Management Support
**Grade**: Management/Management Support Grade 09
**Salary Range**: $121,248.40 - $151,551.40 per year**About Us**

The Region of Waterloo is a thriving, diverse community committed to fostering opportunities for current and future generations. Home to over 674,000 residents and expected to grow to nearly one million by 2051. Guided by our 2023-2027 Strategic Plan, “Growing with Care,” we focus on equity, inclusion, and sustainability. Our mission is to provide essential services that enhance the quality of life for all residents, while our core values emphasize 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.

Dish with One Spoon Wampum:
- Waterloo Region is part of the Dish with One Spoon wampum, a treaty guiding our commitment to:
- Recognizing our shared humanity and land
- Taking only what we need
- Leaving some for others
- Keeping the dish clean
- This agreement underpins our vision, mission, and core values, and reinforces our dedication to meaningful reconciliation and equity.

**The Role**
- Manages the planning, development, and implementation of the Region’s infrastructure financing plans, and the implementation and administration of the Development Charge By-law.
- Manages accounting, budgeting, and financial advisory functions for the Transportation Services Department, Engineering and Environmental Services Department, and Planning, Development and Legislative Services Department.
- Participates in the development of departmental programs and services. Ensures assets and liabilities are accounted for, payments are properly authorized, and revenue due to the Region is applied for and received.

**Duties/Responsibilities**
- Supervises Financial Analysts, and indirectly supervises Accounting Specialists.
- Manages the planning and execution of infrastructure financing policies, processes, and procedures, and the use of financial accounting, planning, and reporting systems for developing long-term financing plans.
- Designs and implements the infrastructure financing plan, in collaboration with a steering committee.
- Develops and implements methods for financing infrastructure capital assets. Advises on accounting and financial software systems, and participates on systems development project teams.
- Administers the Development Charge By-law, related policies, and coordinates the preparation of background studies. Interprets legislative and regulatory changes related to the Development Charges Act, and proposes and implements changes in internal policies and processes accordingly. Manages adjustments and complexities in response to changes to the Act and related regulations and bills (e.g., Bill 108 (2020); Bill 23 (2022)), such as new exemptions, deferrals, discounts, rate freezes, and amendments to other provisions.
- Represents the Region at development charge complaint and land tribunal hearings. Coordinates development charge policies and procedures with area municipalities where applicable.
- Manages the assessment and administration of development charge discounts on industrial development. Manages financial risk exposure, particularly as it relates to the development community. Conducts and manages developer consultations and complaints, and takes an active role in the legal proceeding of complaints and hearings to mitigate the Region’s financial risk.
- Develops and maintains relationships with management in client departments. Facilitates infrastructure planning and implementation project meetings with client groups.
- Manages the preparation, analysis, and presentation of changes to operating and capital budgets for the implementation of infrastructure financing plans. Prepares agendas for steering committee meetings; identifies and evaluates project alternatives and impacts on accounting, budgeting, and reporting processes.
- Assists in developing long-term debenture projections and reserve/reserve fund projections. Monitors development charge reserves to manage growth-related debt levels and ensure adequacy of rates.
- Provides advice and assistance to Council through Committees, project teams, and interest groups. Attends Council and Committee meetings to present material and respond to questions.
- Provides input into policy and strategy development, including the corporate strategic plan.
- Manages senior level government infrastructure funding programs.
- Manages planning for infrastructure financing of tangible capital assets (approx. $7B), including data collection, valuation, audits, and other services. Leads the implementation and

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