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Financial Manager

2 months ago


Halifax, Nova Scotia, Canada Halifax Water Full time
Job Summary

We are seeking a highly skilled Financial Manager to join our team at Halifax Water. As a key member of our Corporate Services department, you will be responsible for leading the development of financial plans, budgets, and forecasts to support the long-term financial sustainability of our organization.

Key Responsibilities
  • Lead the annual operating budget cycle, including the development of operating budgets and cash flow schedules.
  • Provide advice and training on budgeting and cost centre management to departments.
  • Assist all managers with information to assist in the preparation of annual budgets.
  • Use judgement, diplomacy, and confidentiality with respect to budget information.
  • Perform analytical review of capital budgets, including funding sources, and ensure the operating budget reflects the implications of new capital projects.
  • Develop forecasting techniques and reports to identify variances that will assist with decision-making.
  • Lead the development of financial models for rate applications and business plans.
  • Provide support for rate applications submitted for approval to the Nova Scotia Utility and Review Board (NSUARB).
  • Responsible for pension plan accounting and administration.
  • Oversee the preparation of member communications, forms, and statements.
  • Manage the annual year-end data processes.
  • Accountable for the integrity of the annual pension plan financial statements.
  • Oversee the approval of the retirees' payroll.
  • Maintain current knowledge and awareness of pension administration best practices, technology, and industry developments.
  • Perform costing and analysis of collective agreements and assess financial impacts.
  • Financial quality control of Board reports.
  • Assist in research and development of financial strategies for corporate budgeting, internal control, and process improvements.
  • Act as an accounting and management resource to other departments.
  • Participate as a representative on committees as required.
  • Represent Corporate Services at meetings and prepare reports as required.
Requirements
  • Post-secondary degree in business, public administration, or a related field, as well as a professional accounting designation (CPA, CA, CMA, CGA) or a suitable combination of formal education and experience.
  • Five years of broad and progressively more senior experience in financial management and general office administration, preferably in a utility or customer-oriented operation at a supervisory level.
  • Accounting designation (CPA) is required within 2 years of employment.
Knowledge, Skills, and Abilities
  • Thorough knowledge of controllership, treasury, procurement, budgeting, and related activities and future trends.
  • Thorough knowledge of accounting theory, principles, audit theory and practices, internal control procedures, and accounting procedures and integrated systems in a computerized environment.
  • Thorough knowledge of Provincial Acts and Standards, Federal Legislation, NSUARB Accounting Manual, utility regulations, policies, and procedures.
  • Ability to work within a team environment with proven ability to lead, motivate, and inspire others.
  • Ability to organize and prioritize work, and that of others, with demonstrated ability to manage change and adapt to the situation.
  • Excellent leadership, motivational, and interpersonal skills and the ability to hold people accountable.
  • A forward-thinking professional, recognizing the value of diversity in the operation of a financial department in the public sector.
  • Demonstrated analytical and problem-solving skills. Strong research, analysis, and policy development skills.
  • Demonstrated ability to communicate effectively (oral and written) and work effectively with a broad range of business partners.
  • Demonstrated supervisory and labour relations skills with a unionized workforce.
  • Knowledge and experience in pension plan administration would be considered an asset.