Director, Corporate Finance

Job Number: 4788
Job Type: Full-Time
Vacancy Reason: Temporary
Temp Contract Length: 18 Months
Location: 150 Frederick St - Regional Admin Headquarters
Job Category: Financial
Number of Positions: 1
Department: Corporate Finance
Division: Corporate Services
Hours of Work: 35
Work Schedule: Mon-Fri, 8:30 AM-4:30 PM, hybrid: 3 days in-office / 2 days remote
Grade: Management/Management Support Grade 11
Salary Range: $156,501.80 - $195,631.80 annually
Posting Date: August 18, 2026

About Us!

The Region of Waterloo is a thriving, diverse community committed to fostering opportunities for current and future generations. Waterloo Region is part of the Dish with One Spoon wampum, a treaty guiding our commitment to:

This agreement underpins our vision, mission, and core value, and reinforces our dedication to meaningful reconciliation and equity. Waterloo Region is home to over 674,000 residents and expected to grow to nearly one million by 2051. Guided by our 2023-2027 Strategic Plan, "Growing with Care", we prioritize homes for all, climate aligned growth, equitable services and opportunities and a resilient and future ready organization. Our mission is to provide essential services that enhance the quality of life for all residents, while our core value emphasizes caring for people and the land we share. Join us and be part of a team dedicated to making a meaningful difference in our community.

• Taking only what we need
• Leaving some for others
• Keeping the dish clean

The Role

Directs the provision of accounting, corporate budgeting, and payment services to the Region and its local boards; the development and implementation of infrastructure financing plans, including strategic use of development charges, debentures, reserves, and other financing tools; financial planning, budgeting, and accounting services to client departments; and the design and implementation of the Region’s property tax policies.

Duties/Responsibilities

• Supervises a Manager of Corporate Budgets, Manager of Infrastructure Financing, and Manager of Finance (Public Health & Emergency Services/Community Services). Indirectly supervises unionized and non-unionized staff.
• Directs activities of the Division. Ensures financial transactions conform to generally accepted accounting principles, and that financial control systems and policies are established and effective. Directs the preparation, implementation, and administration of the Financial Management By-law.
• Directs the Region’s annual budget process and related communication. Tracks and reports on the short and long term impacts of master plans and business plans. Directs the financial impact assessment of the Regional Official Plan, departmental master plans and business plans.
• Promotes long term financial sustainability by directing the planning, development, and implementation of infrastructure financing plans for growth related infrastructure and asset renewal work, including development charges, debentures, reserves, financing tools, and related processes, policies, and procedures. Directs the development of short and long term financial projections and funding plans.
• Directs and administers the development charge program, including the development and implementation of the by-law. Recommends rates/policies to Committee and Council, and directs reporting to staff, Council, and the Province. Coordinates others’ involvement (e.g., regarding planning forecasts, legal issues, program area infrastructure requirements; the development industry; steering committee).
• Directs the corporate 5 year tax supported budget projection model, 10 year user rate projection model, and 10 year debt projection model, incorporating staffing requirements, expenditures and revenues, debt servicing cost projections, debt outstanding projections, and future tax rate impacts.

Additional Duties/Responsibilities

• Directs, implements, and administers financial aspects of the corporate asset management strategy and departmental plans.
• Directs financial aspects of the Region’s participation in provincial and federal infrastructure financing programs. Leads and participates in agreement negotiations; directs the claims process; approves submissions; and reports to senior staff, steering committees, and Council.
• Directs the operating budget and capital forecast process for client programs. Directs the development of financing plans, user rates (water, wastewater), budgetary control, financial analysis services, and resolution of financial issues.
• Provides guidance and direction to the administration of social assistance payments, including payment production, distribution, policies and procedures and account reconciliations.
• Directs financial aspects of the Brownfield Financial Incentives program, including providing guidance and input regarding policy and program development, consultations, and review/approval of Tax Increment Grant calculations.
• Oversee the participation of Finance staff on the management negotiating team for collective agreements to analyze and provide advice regarding financial impacts of proposals.
• Acts as a financial resource and advises management and Council on fiscal policies, as required. Presents information and responds to inquiries at Council and Committee meetings.
• Represents the Region and Division on major projects and studies, providing expertise in accounting, development charges, and financial analysis, standards, and procedures. Represents the Department during meetings. Provides information and advice on financial matters.
• Organizes divisional resources. Leads/participates on committees, project teams, and interest groups.
• Prepares, administers, authorizes, and monitors divisional expenditures and annual operating budget (approx. $1.2B). Oversees and directs the development charge process (approx. $75M annual in collections and appropriations).
• Backs up the CFO as required.
• Performs related duties as required.

Knowledge, Skills, and Abilities

• Knowledge and skills normally acquired through a Bachelor' degree in a related discipline (e.g., business, economics, math, commerce), plus progressively responsible related management experience in the field.
• Must have a professional accounting designation (CPA).
• Knowledge of management and financial accounting, and ability to direct the design and development of short and long term administrative, operational, technical, and financial plans.
• Knowledge of infrastructure financing principles and trends; and understanding of development charges, municipal financing, and long term financial sustainability methods and tools.
• Knowledge of and ability to comply with policies, procedures, collective agreements, related legislation (e.g., Municipal Act, Development Charges Act, Public Sector Accounting Board standards, Canada Revenue Agency directives).
• Leadership skills to direct, develop, motivate, and support staff, and direct consultants.
• Communication, human relations, continuous improvement, facilitation, negotiation, and public relations skills to present issues and reports to Committee/Council and varied audiences, and explain complex topics so they are easily understood; and participate as an effective team member.
• Political sensitivity to work with the Regional Chair and members of Council to anticipate and understand issues of interest or concern to Council. Ability to advance priorities and balance objectives in a political environment, and obtain agreement and buy-in from Council and leaders.
• Ability to read and interpret correspondence, financial information, reports, policies, procedures, case histories, legislation, regulations, and professional journals. Ability to write correspondence, reports, and legal agreements.
• Demonstrated commitment and understanding of reconciliation, equity, diversity, and inclusion. Experience, knowledge, and skill using equitable approaches to developing operational plans, service development, and delivery. Ability to apply an anti-racist, anti-oppressive, and decolonization lens to identify best practice in municipal service and community engagement.

Additional Knowledge, Skills, and Abilities

• Ability to lead transformative change in line with the vision and values of senior leadership while delivering on the expectations of an evolving workforce and regional residents. Is able to discern when to inquire, advocate, drive or resolve more decisively.
• Computer skills with ability to use software such as Microsoft Office, financial systems (e.g., Oracle), web operating and capital budget systems, and report writers (e.g., Crystal).
• Must provide an acceptable Police Information Check (Level 2) for bondability.
• Ability to travel within and outside Waterloo Region.
• Ability to adjust schedule or work additional hours on weekends and evenings to respond to emergencies and Councillors.
• Ability to support and demonstrate the Region’s values.

Region of Waterloo is committed to building a workforce through fair, equitable, and accessible hiring practices that allow us to hire qualified staff who reflect the diversity of the community we serve and to promote a respectful, inclusive, and equitable workplace.

We invite all interested individuals to apply and actively encourage applications from members of groups with historical and/or current barriers to equity, including, but not limited to:

• First Nations, Métis and Inuit peoples, and all other Indigenous peoples;
• members of groups that commonly experience discrimination due to race, ancestry, religion and/or spiritual beliefs, or place of origin;
• persons with visible and/or invisible (physical and/or mental) disabilities;
• persons who identify as women; and persons of marginalized sexual orientations, gender identities, and gender expressions

For questions or to request accommodations during your recruitment, onboarding or employment, please View email address on click.appcast.io , or by calling our Service First Contact Centre at phone number View phone number on click.appcast.io.

Use of Artificial Intelligence in the Hiring Process: Region of Waterloo may use artificial intelligence (AI) tools to enhance efficiency during the recruitment process. However, applications will also be reviewed by a member of our Talent Acquisition team to ensure a fair and thorough assessment. AI does not make final hiring decisions.

Please note: candidates will be provided an update on their application. Please check your spam or junk folder occasionally as some candidates have noticed our emails in those folders (Gmail and Hotmail in particular).