Manager, Financing and Reserves

ABOUT US Almost million residents call York Region home, making it one of the largest regions in Canada – and the fastest growing with a population that’s expected to grow to more than 2 million by 2051. Our geography, which is comprised of about 1,800 square kilometers over nine different municipalities, is as beautiful, interesting and diverse as our people. Local government is organized in a two-tier structure and we work together with our local municipalities to provide residents and businesses access to a broad selection of services and resources. WHAT WE OFFER Consistently named one of Canada’s Best Employers by Forbes, we offer a collaborative, progressive workplace that takes pride in our organizational culture and is committed to living The 13+ Factors of Psychological Health and Safety in the Workplace – aligned with our vision to create strong, caring and safe communities both within and outside our walls. Defined Benefit Pension Program - With the Ontario Municipality Employees Retirement System (OMERS) defined benefit pension plan, you can confidently retire knowing that you will have income for life. Eligibility from date of hire as a full-time employee and includes employer-matched contributions. Employer of Choice - Recognized as the highest-ranking government employer in Canada and fourth overall among 300 organizations. Benefits and Wellness - Employees and their loved ones have access to an employee health care spending account, access to a 24/7 Employee and Family Assistance Program and corporate discounts and purchase plans for day-to-day products and services. Casual employees are eligible to receive payment in lieu of benefits and/or vacation. Inclusive and Diverse Workforce - We’re committed to fostering an environment that celebrates all dimensions of diversity and ensures everyone can develop to their full potential, participate freely in society and live with respect, dignity and freedom from discrimination. Our robust Inclusion, Diversity, Equity and Accessibility program continues to grow, and has been recognized by the United Nations and many other organizations for our leadership. ABOUT THE ROLE Reporting to the Director, Treasury Office, is responsible for providing comprehensive and strategic advice on all capital financing activities of the corporation; managing the Region’s reserves; managing the Region’s debt; and for developing policies related to capital financing, debt and reserves. WHAT YOU'LL BE DOING Provides comprehensive and strategic advice on the Region’s Long-Term Debt Strategy including analysis of potential impact on tax levy and user rates and its statutory debt capacity and credit rating. Manages, authorizes and coordinates the allocation of funding sources for all major corporate capital expenditures including debt, reserves and reserve funds, tax levies, user fees and government transfers in accordance with approved policies. Oversees the analysis of proponent and transactional financial risks related to major and/or complex procurements. Provides comprehensive and strategic advice on the Reserve and Reserve Fund Policy. Manages all corporate reserves and reserve funds including reviews of existing reserves for adequacy and use. Determines appropriate reserve targets and funding strategies, including the need for new reserves and/or the collapse of existing reserves. Provides comprehensive and strategic advice on the Capital Financing and Debt Policy and the Debt Management Plan. Develops the annual Long-Term Debt and Other Financial Obligations Management Plan (“Debt Management Plan”) including an examination of the risk and mitigation factors and potential impact on the 20-year capital expenditure plan. Meets with and oversees development of presentations for potential investors of the Region’s debentures. Manages professional staff, including recruitment, selection, hiring, scheduling, assigning and monitoring work, determining training and development needs, coaching and mentoring, conducting performance appraisals and determining/recommending disciplinary action up to and including dismissal in accordance with collective agreements, Regional policies and practices. WHAT WE'RE LOOKING FOR Successful completion of a Master’s degree in Business Administration (, Economics, Finance or a related discipline or a Chartered Financial Analyst (CFA) designation or approved equivalent combination of education and experience. Knowledge of provincial and municipal statutes and regulations pertaining to debt issuance, establishment of reserves, investments and governance issues, including the ability to interpret and explain complex legislation. Sound knowledge of financial and economic principles and practices and the workings of capital markets, both domestically and internationally. Knowledge of and demonstrated ability in corporate core competencies including customer service, communication, team work, initiative/self management, accountability, and flexibility/adaptability. Management competencies including results/achievement focus, human resources management, leadership, financial management, business planning, decision making, sound judgement, representation and professionalism and job knowledge.