Development Finance Representative

**Division**:

- Financial Management & Planning

**Important Notices & Amendments**:
**Temporary Duration**:
**Approximate Duration: 6 to 12 months.**

**About Us**:
Serving a diverse urban and rural population of more than 475,000, Niagara Region is focused on building a strong and prosperous Niagara. Working collaboratively with 12 local area municipalities and numerous community partners, the Region delivers a range of high-quality programs and services to support and advance the well-being of individuals, families and communities within its boundaries. Nestled between the great lakes of Erie and Ontario, the Niagara peninsula features some of Canada’s most fertile agricultural land, the majesty of Niagara Falls and communities that are rich in both history and recreational and cultural opportunities. Niagara boasts dynamic modern cities, Canada’s most developed wine industry, a temperate climate, extraordinary theatre, and some of Ontario’s most breathtaking countryside. An international destination with easy access to its binational U.S. neighbour New York State, Niagara attracts over 14 million visitors annually, as well as a steady stream of new residents and businesses.

At Niagara Region, we value diversity - in background and experience. We are proud to be an equal opportunity employer. We aspire to hire and grow a workforce reflective of the diverse community we serve. By doing so, we can deliver better programs and services across Niagara.

For the Region's full employee equity statement, Working at Niagara Region - Niagara Region, Ontario.

**Don’t have every qualification?**

**Job Summary**:

- Salary Pending Review_

Reporting to Manager, Revenue Planning & Strategy, the Development Finance Repersentative is responsible for handling and coordinating the development charge administration process, ensuring adherence to Regional Development Charge (DC) By-laws to arrive at correct development charge treatments and calculations. Additionally, this role provides accounting assistance to the investment function, as required.

**Education**:

- Post-secondary degree or College diploma in Business Administration, Commerce, Finance or related field; an equivalent approved combination of education and experience may be considered.

**Knowledge**:

- Experience in accounting, financial reporting, budgeting and/or process review.
- Experience with Public Sector Accounting (PSA) and not-for-profit accounting standards is an asset.
- Knowledge of external regulations, such as the Municipal Act, Development Charges Act, CICA/PSAB Handbook and all the administration and accounting of the DC program in municipalities.
- Completion of the municipal and finance program would be an asset.

**Responsibilities**:
**Oversees the Development Charges Administration Process (90% of time).**:

- Reviews monthly DC remittances submitted by Local Area Municipalities to ensure accuracy and completeness.
- Calculates and prepares payment schedules for amounts owing for DCs.
- Prepares cheque requisitions and billings when required.
- Inputs DC remittances into CityView and maintains the Region’s DC revenue database to accurately record collections, incentives, exemptions, and grants.
- Supports monthly and quarterly financial processes, including DC journal entries, bank reconciliations, revenue reporting, and forecasting.
- Responds to inquiries from the development community regarding DC rates, by-law interpretation, and related processes.
- Assists with research and data gathering for development charge-related projects, background studies, and policy updates.

**Provides Support to the Investment Program (10% of time).**:

- Prepares journal entries, undertakes reconciliations as required for the administration investment program.
- Assists with short and long-term cashflow forecasts.
- Assists in budgets and forecasts of the investment program based on trend analysis and modeling.
- Perform other related duties and responsibilities as assigned or required._

**Special Requirements**:

- In accordance with the Corporate Criminal Record Check Policy, the position requires the incumbent to undergo a Criminal Record Check and submit a Canadian Police Clearance Certificate.
- Regional staff strive to enable the strategic priorities of Council and the organization through the completion of their work. Staff carry out their work by demonstrating the corporate values.

**Closing Statement**:
Uncover the wonder of the Niagara Region and join a team dedicated to meeting tomorrow’s challenges TODAY
- Phone: 905-980-6000 or 1-800-263-7215
- Bell Relay: 1-800-855-0511
- In-person: Sir Isaac Brock Way, Thorold, ON L2V 4T7 - Human Resources Department