Investment and Treasury Analyst

**Investment and Treasury Analyst** **(**Temporary Full Time for approximately **12** months**)** **Competition Number** 2024-471 **Job Code** 1295 **Posting Date** October 29, 2024 **Closing Date** November 12, 2024 (at 6:00pm) **Job Status** Temporary Full-Time The **City of Kitchener** is a vibrant and dynamic city of approximately 292,000, in the heart of southwestern Ontario. As the largest municipality in Waterloo Region, Kitchener continues to be poised for development and growth, enhancing its reputation as a leader in city-building and innovation, with nationally recognized strategies to build its neighbourhoods, its digital infrastructure and its diverse economy.The **City of Kitchener** is WHERE you want to work Learn more about the top reasons to join us: **Why work at the City of Kitchener** Position Overview: - Reporting to the Manager of Financial Reporting & Analysis, the Investment & Treasury Analyst will actively manage the City of Kitchener’s investment portfolio, as well as its debt and reserves. In addition, the Investment & Treasury Analyst will be heavily involved in administering the City’s development charges bylaw and the City’s grant process.**Responsibilities**: - Manages the City’s investment portfolio in excess of $200 million dollars and allocates interest to appropriate corporate areas (e.g. reserves, utilities, tax-based operations). - Prepares and monitors cash flow forecasts in order to maximize short - and long-term investment yields. - Maintains the comprehensive debt model that tracks historical/projected debt and implements changes to the model to improve its effectiveness. - Prepares what-if scenarios related to debt as a potential funding option for projects and as part of business case analysis. - Maintains the comprehensive reserve model that tracks historical and projected reserve transactions and implements changes to the model to improve its effectiveness. - Reconciles all reserve funds, regularly updating balances to reflect transfers to/from reserves as approved through the budget process, year-end process, or reports to Council throughout the year. - Assists in updating, interpreting and administering the development charges (DC) bylaw. - Prepares financial content for deferred DC payments and credit-refund agreements in accordance with applicable legislation/agreement terms. - Assists with monitoring, applying, and tracking of grant opportunities from other levels of government and outside agencies and coordinates and supports grant reporting. - Prepares relevant content to be used in budget presentations, annual statements, or reports to senior management and Council. - Performs other related duties as assigned. **Requirements**: - 4-Year Honours Degree in a related field (e.g. Business Administration, Economics). - Minimum 2 years of related experience in finance (municipal or not-for-profit, specifically with treasury, development charges and grants is considered an asset). - Canadian Chartered Professional Accounting (CPA) designation. - Advanced Excel, analytical, and data modelling skills and experience (e.g. pivot tables, sumifs, vlookup). - Strong analytical and research skills to effectively identify, analyze, and provide recommendations. - Excellent verbal and written communications skills with the ability to communicate effectively with internal and external parties. - Strong time-management skills and ability to manage multiple projects and tasks. - Reliable with a good attitude and employment record. - Note: All interested applicants are encouraged to apply. In the event there is no successful applicant with the stated level of education and experience, other applicants will be considered if a combination of their education and experience meets the following pre-determined equivalency: - 3-Year Degree/Diploma with minimum 4 years’ related and relevant experience - OR- Undergraduate degree and a Master’s degree with minimum 1 year of related and relevant experience - Please note that as per Human Resources Policy _HUM-HIR-_110, "Employment of Relatives of Staff Members and Elected Officials":_ - "The immediate relatives of staff of the Human Resources Division, all _Directors,_ General Managers_, or the Chief Administrative Officer and Elected Officials shall not be employed by the City in any capacity._ - The immediate relatives of all other Management personnel shall not be employed where such employment would be:_ - 1. within the same Department in the case of permanent full-time, temporary full_-time and part-time classifications._ - 2. within the same Division in the case of students."_ **Department** Financial Services **Division** Financial Reporting and ERP Solutions **Union Affiliation** CUPE 791 **Number of Positions** 1 **Hours of Work** 35 hours per week, Monday to Friday **Location** **Initial Location - City Hall **City** Kitchener **Compensation** **Salary Range** $91,885 - $114,856 annua