Job ID #30979: Senior Financial Analyst- Development Charges, Programs & Policies

City of Hamilton; Hamilton; On-site; CAD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking city government as a Senior Financial Analyst, where you will play a crucial role in managing Development Charges and Community Benefits. This position offers the opportunity to influence financial strategies and policies that enhance community services and infrastructure. You'll collaborate with diverse stakeholders, ensuring compliance and providing strategic insights that drive effective decision-making. With a commitment to transparency and community engagement, this role is perfect for those eager to make a meaningful impact in a vibrant city environment. Be part of a dedicated team that values integrity and innovation in public service.

Qualifications

• Post-secondary education in finance or business administration.
• Strong knowledge of GAAP and financial analysis skills.

Responsibilities

• Support the management of Development Charges and Community Benefits Charge Portfolio.
• Provide financial analysis and strategic advice for decision-making.

Skills

Financial Analysis

Scenario Analysis

Analytical Skills

Budget Planning

Communication Skills

Project Management

Education

University Degree in Business Administration

CPA or CFA designation

Tools

Excel

PeopleSoft

Job description

Contribute to the City of Hamilton, one of Canada's largest cities - home to a diverse and strong economy, an active and inclusive community, a robust cultural and dining scene, hundreds of kilometers of hiking trails and natural beauty just minutes from the downtown core, and so much more. Join our diverse team of talented and ambitious staff who embody our values of sensational service, courageous change, steadfast integrity, collective ownership and being engaged empowered employees. Help us achieve our vision of being the best place to raise a child and age successfully. #BeTheReason

• Job ID #30979: Senior Financial Analyst- Development Charges, Programs & Policies
• Union: Non-Union
• Job Description ID #: 2744
• Close date: Interested applicants please submit your application online at www.hamilton.ca/city-council/jobs-city by 4:00 p.m. on May 7 2025.
• Duration: 24 Months
  This vacancy is for a period of 24 months as a result of a secondment.
• Internal applicants should apply with your work e-mail address. External applicants are considered only after the internal posting process has been completed. Only applicants chosen for an interview will be contacted.

OVERVIEW

Reporting to the Supervisor, Development Charges, Programs & Policies, the Senior Financial Analyst - Development Charges, Programs & Policies provides policy analysis, financial analysis, scenario analysis and sound strategic advice in the management, development and monitoring of the Development Charges and Community Benefits Charge Portfolio as well as provides input and analysis in the effective management of policies, processes and systems. The Senior Financial Analyst - Development Charges, Programs & Policies also develops comprehensive support in managing all Development Charges requirements and agreements, develops funding scenarios, provides input into the financial sustainability of services within the capital and operating Financial Portfolio as well as support the decision-making process.

The Senior Financial Analyst - Development Charges, Programs & Policies also provides agreement support and management as well as oversees identified agreement obligations and supports other divisions in funding availability. The Senior Financial Analyst - Development Charges, Programs & Policies is also required to provide support in the management and effective oversight of exemptions, inclusive of tracking to support informed decision-making of the Financial Portfolio's inter-program or service-specific policies and priorities as well as brings a "best practices" approach with a strong emphasis on customer service to all duties, activities and special development projects undertaken.

RESPONSIBILITIES

Responsible to support the development, implementation and management of the City's Development Charge and Community Benefits Charge Portfolio and Program as well as the Exemption Program's financial performance, overseeing compliance with financial planning and management policies and guidelines, supporting the development and management of City-wide controls in order to fulfill the City's accountability responsibilities and financial stewardship obligations. The Senior Financial Analyst - Development Charge, Programs & Policies will act as support to the Supervisor in being a strategic link between the DC and CBC Portfolio and Program and its stakeholders, providing analysis and advice on interpretation and compliance matters. The Senior Financial Analyst - Development Charge, Programs & Policies is also responsible to provide support for the oversight and management of financial policies and procedures, exemption program, multi-year operating budget process input, capital budget process input as well as financial and applicable tax policies.

GENERAL & SPECIFIC DUTIES (INCLUDING, BUT NOT LIMITED TO)

• Supports the development and implementation of the City's Development Charges and Community Benefits Charges Program including the Background Study, By-law and related policy development, revenue collection and reporting, long-term reserve fund and debt management, internal control structures to prevent cash flow deficiencies and financial system requirements and improvements.
• Provides support and advice on interpretation and compliance matters and ensuring staff members are equipped to meet the needs of client portfolio staff, senior management, individual Councillors, Committee and Council. Monitor changes in corporate strategies, priorities, policies and programs.
• Supports the development, negotiation and management of applicable agreements as well as the timely reporting of performance.
• Supports the development, management and control of financial policies and procedures to ensure desired outcomes are being achieved and is also responsible for the timely reporting of performance.
• Supports the implementation and maintenance of an effective system of internal controls and assist in the creation of policies and procedures as well as support the monitoring of compliance in order to reduce internal and external risk as well as provide information on cost savings opportunities, staffing levels, etc.
• Supports the creation and maintenance of an integrated long-term financial plan for including policy development, management and controls, internal and external financial communication strategy and corporate accountability framework.
• Supports the Financial Portfolio section in the development and management of reserve and reserve fund strategy including maintenance and adherence to the City's policies, annual activity and funding status reporting, long-term forecasting, and financial system requirements and improvements.
• Supports the Financial Portfolio teams in the annual budget and forecasting process as well as provides support to the City's Corporate Asset Management Program through providing information and analysis on the Development Charge and Community Benefits Charge programs and various funding strategies.
• Supports the coordination of debt issues, debt forecasting and debt policy management through providing information, analysis and confirmation.
• Supports the delivery of accurate, timely, strategic, professional reports, presentations and materials for the executive management and Council in accordance with City protocols and deadlines. Includes developing recommendation and providing analysis and tracking performance of applicable Council direction.
• Acts as project manager for various special studies and other corporate / strategic policy reviews of a financial nature.
• Ensures the quality and accuracy of information and analysis that impact of policy and/or the financial position of the City.
• Monitors changing Development Charge and Community Benefits Charge strategies, priorities, and provincial/federal legislation to support the Financial Portfolio teams to link to strategic objectives, and monitors the ongoing adherence to Council approved financial protocols, controls, policies and procedures as well as review and provide recommendations with respect to the various corporate, community, provincial or federal proposals for service initiatives, changes or enhancements.
• Supports the investigation of best practices, conduct research and supports the recommendation of solutions and policy amendments.
• Monitors the performance of vendors and provided information and data to the Supervisor in order to ensure the successful management of the applicable systems.
• Attends public meetings and may be asked to present the city's position/actions to the public and outside government bodies.
• Supports the development and utilization of efficient budgeting and financial planning tools in order to ensure that information requirements are met while minimizing resource requirements.
• Supports the development of presentations, reports and communication plans to ensure understanding and awareness of complex contentious issues.
• Supports the development and coordination of the City's infrastructure subsidy programs ensuring compliance with Council approved Capital Budgets and associated timetables.
• Perform other duties as assigned which are directly related to the responsibilities of the position. Performs other duties as assigned which are related to the responsibilities of the position.

QUALIFICATIONS

1. Post secondary education in a professional discipline pertinent to the job functions combined with relevant sound business administration skills combined with advanced knowledge of fiscal strategies, finance and budgets experience normally acquired through the completion of a University Degree in Business Administration, Commerce or Economics and/or a recognized professional accounting designation such as (CPA, CFA) or an equivalent combination of education and related work experience.

2. Strong knowledge of GAAP and technical pronouncements.

3. Strong knowledge and experience in financial analysis and scenario analysis.

4. Highly developed analytical and financial analysis skills with a proven track record in financial modeling.

5. Working knowledge of debt management and financial control methodologies.

6. Working experience of municipal capital and operating budget planning and reporting.

7. Demonstrated ability to deal effectively with elected officials, representatives of other levels of government, management, peers, staff and the general public.

8. Thorough knowledge and understanding of statutes, regulations and by-laws affecting the department/section including Development Charges Act and Section 37 of the Planning Act and related regulations, by-laws and municipal polices and practices.

9. Current and detailed understanding of the policy environment and government operations.

10. Proven ability to contribute meaningfully to the strategic and business planning processes and direction of the organization. Ability to maintain confidentiality.

11. Highly developed analytical, technical, organizational and problem-solving skills.

12. Excellent ability to conceptualize problems, build complex computer models and recommend appropriate policy solutions / responses.

13. Highly effective facilitation, communication, presentation, interpersonal and organizational skills. Strong written communication skills to create clear, well-developed reports, presentation materials with ability to present complex financial concepts to non-financial audiences.

14. Demonstrated ability to effectively manage projects and policy portfolios in a results-oriented environment and in a predominantly unionized environment.

15. Experienced in designing and delivering customer focused policies, programs and services.

16. Ability to deal effectively with elected officials, representatives of other levels of government, management, peers, staff and the general public.

17. Excellent knowledge of computer software applications, budget systems and emerging trends and related systems. Working knowledge of Word, Excel, PowerPoint, Outlook, PeopleSoft, other equivalent budgets systems and software.

Disclaimer:

Be advised that Human Resources frequently audits resumes of internal/external applicants to ensure/validate information provided is consistent and trustworthy. Falsification of information provided at any time throughout the recruitment process may be grounds for disqualification, and for internal applicants, subject to discipline up to and including termination.

Terms:

The City is an equal opportunity employer that is committed to inclusive, barrier-free recruitment and selection processes. Consistent with our Values and Corporate Culture Pillars, the City of Hamilton is committed to providing equitable treatment to all with respect to barrier-free employment and accommodation without discrimination. The City will provide accommodation for applicants in all aspects of the hiring process, up to the point of undue hardship. If you have an accommodation need, please contact Human Resources as soon as possible to make appropriate arrangements.