Manager of Finance
Manager of Finance (Full-Time/Permanent)
Wetaskiwin is a dynamic and growing city of approximately 13,000 people. It is known for its many green spaces, rich history, celebrated events, and overall high quality of life for its residents. More recently, the City of Wetaskiwin has come to be known for its accessibility, transparency, and creative community outreach. Located only 35 minutes south of Edmonton and 55 minutes north of Red Deer, the City of Wetaskiwin provides all the amenities and quality of life of an urban-rural center.
Manager of Finance
Reporting to the Director of Corporate Support, this position is responsible for the financial management, accounting, payroll and benefits and reporting functions for the City of Wetaskiwin.
Responsibilities include achieving and exceeding the established quality standards and complying with all by-laws, policies, regulations, legislation, and other criteria in a professional, safe, timely and efficient manner ensuring quality support and information to the public, City Council, management in the areas of financial services, banking, investments and insurance matters. This position manages the Finance Department and addresses tight timelines in the Finance area including but not limited to coordination of the annual budget preparation and process; long term financial planning; financial analysis and forecasting activities as well as ensuring the annual year-end audit preparation is completed in a timely manner.
The City of Wetaskiwin supports work/life balance through an Earned Day Off Program. We also offer an attractive and competitive compensation package including health and dental benefits and a pension program.
Role and Responsibilities
Managing the Finance Department
- Motivate and lead staff by providing management/direction to the department; establishing Department goals and objectives, providing technical direction and promoting excellence regarding internal and external customer service.
- Recruit mentor and coach staff; provide ongoing performance feedback and training opportunities; participate in succession planning; address performance management concerns; and conduct formal performance evaluations.
Financial reporting, Development and Recommendation of Financial Policies, Internal Controls
- Ensure the strategic goals of Council, Senior Leadership and the Department are met through effective financial and policy planning, monitoring, reporting and the provision of timely and accurate financial advice and analysis.
- Develop, prepare, and recommend financial policies and procedures.
- Oversee the City’s payroll and benefit administration.
- Accountable for the accurate and timely receipting of payments and issuance of cheques.
- Plan and perform internal audits/reviews on various processes.
- Recommend and implement procedures to enhance/improve internal controls to safeguard the City’s assets.
Special projects and assignments
- Develop business plans and financial models.
- Oversee external financial services contracts (ex. - Library Board).
- Analyze business cases and provide recommendations based on sound financial practices and procedures.
- Research technology to improve business and operational processes.
- Ensure annual balancing of property assessment, tax rate bylaw and annual tax levy are completed in accordance with Council direction and municipal legislation.
- Prepare operating and capital budgets for the Finance department.
- Co-ordinate the consolidation of the annual operating budget.
- Co-ordinate the preparation of the long-term capital plan including funding recommendations.
- Develop multi-year operating budget including long range cash flow projections.
- Utilizing a utility rate model assist with projection of utility rate changes.
Banking, Investments, reserve funds, debentures and long-term financial planning
- Manage the City’s investment portfolio within the guidelines of the MGA and the City’s investment policy with the goal of maximizing the rate of return with minimal risk.
- Review and approve monthly bank reconciliations.
- Oversee reserve funds and debenture register.
- Oversee grant administration including researching, monitoring, and reporting.
- Prepare cash flow analysis, monitor cash flow requirements.
- Tendering of banking services as required.
Annual Audit and Financial Statements
- Co-ordinate the annual audit process with external auditors.
- Review and prepare, where necessary, year-end working papers.
- Prepare draft financial statements and notes to the City’s financial statements in accordance with Generally Accepted Accounting Principles and the guidelines of the Public Sector Accounting Board.
- Ensure the annual FIR and SIR are prepared and submitted to Municipal Affairs within the deadline.
- Ensure asset database is accurate and balances to the General Ledger.
- Maintain asset database (update with additions, deletions).
- Update/revise asset information for planning and budgeting purposes.
- Promote an environment that encourages health and safety by adhering to the applicable responsibilities and accountabilities as outlined in the City’s Health and Safety Management program.
Skills and Experience
- Demonstrated leadership skills by encouraging employee participation and development; facilitating professional working standards and obtaining a high degree of customer satisfaction.
- Maintains a current working knowledge of professional accounting practices, related Federal and Provincial legislation, and local government practices.
- Demonstrates a high level of integrity and professional conduct and is perceived as consistent, neutral, and objective in business activities.
- Possesses a proven track record of successfully leading and motivating staff.
- Has extensive knowledge of the municipal environment including associated risk management and liability concerns, including the Municipal Government Act.
- Possesses strong written and verbal communication skills including the ability to provide presentations in Council meetings.
- Has a thorough understanding of Public Sector Accounting Standards.
Education and Qualifications
- Minimum of five (5) years of senior level accounting/finance. Experience in municipal finance required.
- Professional Accounting Designation (CPA, CA, CGA, CMA) and member in good standing with CPA Canada.
- Exceptional working knowledge of Diamond Municipal, Questica Team Budget and Caseware software.
- Must provide a Criminal Records Check prior to employment.
Please send your resume with cover letter to email@example.com. Closing Date: April 18, 2021.
*Applications will be reviewed weekly. Interviews may be set up prior to the final close date.
The City of Wetaskiwin is an equal opportunity employer. We celebrate diversity and encourage applications from all qualified individuals.
The personal information submitted pursuant to this advertisement will be utilized for this Employment Opportunity only and is subject to compliance with the Freedom of Information and Protection of Privacy Act. Applicants are thanked in advance for their interest, however, only those selected for an interview will be contacted.