Senior Analyst, Development Finance (Under Review)

by City of London

Reference #: 2283-en_US
Position Type: Any
Location: London, Ontario
Date Posted: Mar 19, 2025
City of London

Job Description

 

 File Number:

2283 Employee Group: Local 101

Service Area:

Finance Supports Division: Capital Assets and Projects

Job Type:

Full-Time Temporary (up to 1 year) # of Openings:

1

 

Summary of Duties:

Reporting to the Manager, Development Finance, the Senior Analyst, Development Finance provides technical and analytical support in the conduct of Development Charges Studies and the activities associated with development finance; monitors claims and expenditures relating to the Development Charges Funds, and analyzes supporting strategies for investing in growth related infrastructure.

Work Performed:

  • Conduct research and prepare reports associated with Development Charges policy, including discussion papers, draft policy positions, and staff reports for Council.
  • Administer aspects of the use of development charge revenues through capital budgets and developer claims, in accordance with the governing by-law and provincial statute.
  • Provide recommendations to Financial Planning and Policy staff with respect to matters pertaining to the application and use of development charges in the Capital Budget; report on activities in development charge funds.
  • Under approval of the Manager, prepare development charges monitoring and statutory reports for Council consideration.
  • Work with Engineering and Planning staff to gather and analyse information pertinent to development financing.
  • Prepare the Development Charges Background Study and by-law, producing public documents reflecting the City’s growth cost recovery plan of interest to stakeholders.
  • Review and/or provide cost estimates for work based on by-laws, guidelines, recent tenders and sound engineering/financial principles for the purpose of administering claims or liability to the City administered development charge funds for the purpose of DC background study process and/or for
  • purposes of monitoring capital budgets.
  • Conduct research related to development financing policies and trends in other municipalities.
  • Implement and administer policy changes to processes as required, such as Municipal Servicing and Financing Agreements.
  • Prepare presentations to the community, special interest groups, Ontario Municipal Board, and Council, as necessary.
  • Prepare spreadsheets, analyses and financial models related to development charge cash flows for the purpose of evaluating and assessing the effects of alternate courses of action. Prepare analyses that assist in guiding the timing of corporate investments in infrastructure serving growth.
  • Work with the assistance of staff in Geographic Information Systems mapping to produce maps and figures to support development charges policy work.
  • Develop and apply alternative methods of allocating infrastructure costs among beneficiary landowners.
  • Assist in the formulation of recommendations and policy for administration of development finance using knowledge of planning approvals and infrastructure servicing needs of the municipality.
  • Provide assessments of development charge claimable works in the review of submitted subdivision and site plan applications.
  • Liaise with municipal staff and staff from boards and commissions to gather and provide information and follow-up on information requests.
  • Provide divisional representation in the absence of the Manager, Development Finance.
  • Perform other related duties as assigned.

Qualifications:

Honours University Degree in a related discipline which may include Finance, Planning, Economics, Engineering, or Environmental Sciences.

Professional Qualifications such as Registered Professional Planner (R.P.P.), Licensed Professional Engineer, (P. Eng.) or Chartered Professional Accountant is a desirable asset.

Experience:

Five (5) years of related experience including large scope project management.

Specialized Training & Licenses:

Skills and abilities in the following areas are necessary:

  • Demonstrated experience in managing elements of complex and sensitive projects.
  • Demonstrated well-developed analytic and reasoning skills.
  • Demonstrated skill in conducting and compiling policy research, writing reports and conveying ideas using appropriate terminology.
  • Excellent project management, interpersonal, communication, presentation and organizational skills.
  • Demonstrated ability to utilize technology/software tools to develop professional, timely and accurate models, reports and presentations.
  • Knowledge of the Development Charges Act is an asset.

Compensation & Other Information:

$65,411 - $95,072 (Level 16)

This posting is for one (1) temporary full-time up to 1 year position.

This position is currently under review.

Current hours of Work: Monday - Friday from 8:30 a.m. to 4:30 p.m.

Work Arrangement: Hybrid. Subject to change in accordance with business requirements.

These hours of work are subject to change in accordance with the Collective Agreement and may include evening hours and Saturdays.

NOTE: Applicants may be required to complete a job related test.

Police Record Check:

The successful candidate will be required to complete a Criminal Record Check.

Application Contact Information

Company Name:   City of London
Company Website: https://careers.london.ca/
Application URL: Click here to apply online