Financial Analyst

**Our Story**:
Committed to fostering opportunities for current and future generations, the Region of Waterloo is an inclusive, thriving, and sustainable region of connected rural and urban communities with global reach. Our mission is to serve, engage and inspire, by delivering quality services to a diverse population of 630,000+, while creating a healthy, collaborative environment of learning, respect, and innovation.

This is a place where employees are valued and recognized for their talents and contributions to our success. Our employees take pride in making a difference in people's lives through the work that we do. We are looking for people like you to help make it happen.

**Our Team**:
The Region of Waterloo’s Treasury Services Team are enablers of change, united by the journey to transform how we deliver many key financial services vital to the Region’s functioning. We have the responsibility of maintaining many services including Accounts Payable and Accounts Receivable, Banking and Merchant Services, Investments, Debt Management, Corporate Accounting as well as Procurement and Supply Services. The team is excited to share the implementation of an Accounts Payable Imaging System which transformed how the Region processes payments Improvements such as these are not possible without tem members who are critical thinkers, motivated and excited for change. The Treasury team understands and values employees and recognized that their talents are vital to our own success. Come join our team where your ideas and efforts are valued and celebrated

**The Opportunity**:
Reporting to the Manager, Treasury Services & Corporate Accounting, you will supervise and administer the corporate cash management, debt, and investment functions for the Region and its local boards, including banking arrangements, investments, short-term borrowing, and debenture in support of capital programs. You will also oversee the sinking fun and develop related policies.
- You will supervise accounting specialists and clerks, administer corporate banking and cash management programs, and related services as well as day-to-day operations and assist the Manager with banking services to regional departments and local boards, review and analysis of corporate banking services to ensure operational needs and regulatory requirements are met, oversee wire payments, foreign currency, and e-transfer payment processes.
- You will prepare base operating budget for corporate financial items relating to cash management, investment, and debenture cost accounts, including projecting financial impacts, supervise the preparation of the Region’s cash flow projections, including monthly reconciliations and internal reporting, determine/recommend the need for short-term investing and borrowing for Manager approval and maintain records.
- You will also supervise the administration of debenture issues for financing capital programs for the Region and area municipalities, per legislative requirements (e.g., accounting entries, payment schedules), oversee documentation processes for regional debenture issues on behalf of the Region and area municipalities.
- You will analyze, verify, and reconcile debenture issuance activities, and communicate final costs to financial analysts and area municipalities and prepare reports for the Administration and Finance Committee and council related to debenture issues.
- You will supervise the preparation of year end entries and information for financial statements and surveys on the Region’s investment portfolio, and respond to auditors, maintain the electronic debenture system and related debenture documents, ensure debenture payments are paid according to schedules, lead the preparation of the Region’s economic profile for annual credit rating reviews used to market debentures.
- You will supervise the administration of corporate investments, including general portfolio and sinking funds, prepare reports for the Administration and Finance Committee related to investment activities, research and assess investment opportunities (approximately $30M/year), for management approval, and execute trades within specified parameters.
- You will coordinate year-end audit requirements for banking, investments, debt, and sinking fund functions, including entries and reconciliations for financial statements, sinking fund surplus and deficiency analysis, and the financial information return (FIR) for the team and respond to auditor inquiries as required.
- You will represent the Region in provincial benchmarking initiatives, prepare quarterly data/reporting for performance measurement program, benchmarking, and departmental targets, oversee revenue accounting for regional programs, ensuring reconciliation with program areas and general bank account (approximately $80M/month), oversee reconciliation of monthly sales and revenue information from systems/terminals and bank accounts, and provides calculations and analysis and