Deputy Treasurer, Manager Financial Strategy and Reporting

Why Guelph

When you join the City of Guelph, you join a team of over 2000 employees who deliver services the community relies on every day. Together, we are bringing to life Guelph's vision of an inclusive, connected, and prosperous city where we look after each other and our environment. As a single tier municipality, we offer a variety of occupations and career specialities within our organization. Guided by the goals and objectives of the Future Guelph: Strategic Plan and committed to the Corporate Values of integrity, service, inclusion, wellness and learning, the candidate will aid in the achievement of the Community Vision for an inclusive, connected, prosperous city.

What we offer

We offer competitive wages and comprehensive benefits to meet the needs of our diverse employees. Many of our positions offer:

- Paid vacation days, increasing with years of service
- Paid personal days
- Hybrid and flexible work arrangements
- Defined benefit pension plan with OMERS, including 100-per-cent employer matching
- Extended health and dental benefits, including Health Care Spending Account
- Employee and Family Assistance Program
- Parental leave top up program
- Learning and development opportunities including tuition assistance
- Employee recognition programs

Position Overview

Resumes are being accepted for the position of Deputy Treasurer, Manager, Financial Strategy and Reporting within the Finance department. Reporting to the General Manager, Finance, City Treasurer – Chief Financial Officer, the successful candidate will provide leadership and corporate accountability for integrated long-term financial planning and reporting including leading the annual budget strategy and process, developing and maintaining capital funding strategies, investment, debt and reserve and reserve fund management, capital development financing and fee collection, and overseeing all city-entity corporate reporting including capital grant management, tangible capital asset accounting, and the year-end financial statement preparation and external audit.

Key duties and responsibilities

- Provide leadership and guidance to a team of ten (six extended leadership direct reports and three indirect team members); support and mentor staff through the creation and monitoring of annual goals, career path planning and skills development through the performance development plan process.
- Lead the City Budget Strategy, in a Strong Mayor legislative environment, addressing the needs and complexities of the seven local boards and agencies in addition to the City's 19 departments. This includes developing and implementing a significant internal and external multi-year budget process every four years, and a budget re-adoption process annually, meeting changing legislative requirements while respecting the expectations of all stakeholders including the executive team, general managers, Council and the community.
- Responsible for the integrated Long-term Financial Framework including policy maintenance, development of KPI reporting, internal and external communication strategy, and a corporate accountability framework.
- Oversee the City's reserve and reserve fund management including maintenance and adherence to the City's policies, annual Council reporting on activity and funding status, long-term forecasting, and financial system requirements and improvements.
- Oversee the City's Capital Development Fee Program including Development Charges, Parkland Dedication Cash-in-Lieu, Community Benefit Charges, and any future new related charges. This includes 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.
- Oversee the City's capital financial strategy portfolio, including the annual budget and forecasting process, integration with Corporate Asset Management and Corporate Energy Management practices, creation and monitoring of robust capital funding policies, documented standard operating procedures, appropriate internal control structures, capital project funding and tangible asset accounting, capital grant management and financial system requirements and improvements.
- Oversight over the City's Debt Management program including issuance of debt (estimated at $50 million per year), debt forecasting, debt payment planning and execution and debt policy management, and annual credit rating review.
- Oversight over the City's Investment Portfolio including the monitoring of cash flow projections to ensure optimum utilization of cash resources within statutory limitations, policy management, legislative reporting requirements, and investment management recommendations.
- Oversee the development and implementation of comprehensive accounting and financial reporting practices, policies and processes that include strong internal controls, to ensure financial reporting is in accordance with generally accepted accounting principles and Public Sector Accounting Board (PSAB) standards.
- Oversee and review the preparation of working papers, financial statements, provincial reporting and all required documents for all city-related entity external audits.
- Oversee the accounting and financial reporting and legislative filings of certain local boards or wholly owned companies (Guelph Junction Railway, Guelph Municipal Holdings Inc.).
- Act as the representative for the Treasurer (or oversee staff that act in this capacity) on corporate projects and initiatives that align with the division portfolio, providing strategic financial advice and oversight. Examples include but are not limited to the City's Community Improvement Plans, property and land development projects and complex capital project steering committees.
- Oversee the financial aspects of capital grant application, budgeting, accounting, reporting, and auditing.
- Deliver polished, professional reports, presentations and materials for the executive management and Council in accordance with City of Guelph protocols and deadlines. This includes reviewing and approving "Financial Implication" language for Council reports on behalf of the Treasurer, raising concerns to Treasurer where required.
- Attend and speak at City Council and Committee meetings as required.
- Creation and delivery of an annual business plan and work plan that are achievable and aligned with the strategic goals and objectives of the Finance department, the Corporate Services division and the City as a whole.
- Responsible for managing the Financial Strategy and Reporting divisional operating and capital budget in accordance with the City's budget monitoring practices.
- Keeps abreast of the City's changing strategies, priorities, and provincial legislation to ensure that financial planning throughout the City is linked to strategic objectives, and ensures on-going adherence to Council approved financial protocols, controls, policies and procedures.
- Be innovative and encourage a continuous improvement culture to divisional and corporate processes that leverage technology, innovation and excellence with the outcome of creating efficiency, extended staff capacity, reducing administrative burden and delivering budget savings.
- Assist the Treasurer/General Manager with special projects as required.

Qualifications and requirements

- Significant experience related to the duties listed above, normally acquired through a University Degree in Business, Commerce, Accounting or Finance and several years of progressively responsible experience in a senior financial management role, preferably in a municipal environment.
- Professional Accounting Designation (CPA, CA, CMA, or CGA).
- Demonstrated leadership skills acquired through considerable experience supervising, leading and motivating staff.
- Excellent knowledge of municipal finance, budgeting, and accounting principles.
- Proven experience in developing and implementing financial strategies and policies.
- Experience with long-term financial planning and capital project financing.
- Excellent leadership and team management skills with the ability to establish and maintain effective working relationships and communicate clearly with a diverse group of stakeholders.
- Excellent communication and presentation skills.
- Proven analytical and problem-solving skills.
- Demonstrated experience in project management, change management, and long-term planning strategies for large complex organizations.
- Able to effectively manage multiple projects concurrently and meet deadlines.
- Proficiency in financial software and systems.
- Excellent computer skills in Microsoft Office software – Advanced Excel skills preferred.
- Municipal accounting and budgeting experience would be strongly preferred.

Pay/Salary Non-union Grade: 9: $132,394.08- $165,492.60

How to apply Qualified applicants are invited to apply using our online application system by April 2, 2025. Please note all applicants must complete the online questionnaire specific to this position at the time they submit their resume and cover letter in order to be considered.

Please visit the job posting listed on our City of Guelph careers page and click on the "Apply for this job" button. Instructions will follow.

The City of Guelph is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive workplace where employees feel welcome, valued and engaged. Our employment policies strictly prohibit all forms of discrimination on any of the grounds in relevant laws. All employment practices are solely based on individual merit, qualifications, and organization's needs at the time. In keeping with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, we are committed to working with and providing reasonable accommodation for qualified individuals in our job application procedures. If you need an accommodation in order to participate in the hiring process, you may contact us to make your needs known in advance.

Personal information collected through the recruitment process will be used solely to determine eligibility for employment. We thank all candidates in advance; however, only those being considered for an interview will be contacted.

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