Manager, Financial Planning

Opening Statement
We acknowledge that the City of Kingston is situated on traditional Anishinabek (Ah
- nish-in-ah-bay), Haudenosaunee (Ho-den-o-show-nee) and Huron-Wendat (huron-wen-dat) territory and is the home of many Indigenous peoples. We are grateful to reside and work on this land. Kingston is a smart, livable city in the heart of eastern Ontario. Its stable and diversified economy includes global corporations, innovative start-ups and all levels of government. Kingstonians enjoy a high quality of life with access to world-class education and research institutions, advanced healthcare facilities, affordable living and vibrant entertainment and tourism activities.

Position Summary
Reporting to the Director of Financial Services, the Manager, Financial Planning is responsible for overseeing all corporate financial planning activities including budget development and monitoring, capital planning and funding models, cash flow and investment management, financial reporting and year end audit support.

This position is a key corporate leadership position with the responsibility for ensuring the implementation of standardized and sound financial management practices and to ensure the accountable and effective management of public resources.

The Manager, Financial Planning will foster a productive and efficient work environment through mentorship and teamwork and take a lead role in developing and implementing innovative and practical approaches to departmental and corporate initiatives.

KEY DUTIES & RESPONSIBILITIES
Lead the corporate financial planning and budgeting processes and practices:

- Manage the preparation of annual operating and capital budgets for the corporation including coordination and review of all department submissions
- Maintain and update long term capital planning models including reserve funds and long-term debt models
- Manage and maintain cash flow analysis, investment portfolios and long-term debt issuance in accordance with established policies and provincial legislation
- Responsible for working with departments to monitor operating results as compared to budgets and other performance measurement criteria

Responsible for the financial reporting to internal and external audiences:

- Prepare council reports, including quarterly operating reports, capital project closure reports, work-in-progress reports
- Support year-end audit preparation including year-end financial statements and other external reporting requirements
- Maintain tangible capital asset records and reporting systems
- Responsible for regular and ad hoc reporting to internal and external users

Provide business support financial advice to align with corporate strategic direction, best practices, and legislative requirements:

- Identify and implement process improvements, cost savings and best practices for overall organizational excellence
- Provide business support to departments in corporate budgeting, financial planning and business case analysis and ensure compliance with corporate financial policies and procedures
- Support the delivery of services to Utilities Kingston and other external boards and agencies
- Maintain an up-to-date knowledge of Public Sector Accounting Principles and other relevant legislation

Support the facilitation of effective processes and implementations for the financial management system and ancillary financial accounting systems

**Responsible to ensure effective staffing for the division**:

- Provide direct supervision, mentoring and development of staff, including recruitment, performance appraisals, salary reviews and discipline, as required
- Provide cross-support to Manager of Accounting, as required

**Other duties as assigned**:

- Assist the Director, Financial Services with various special projects as required. In absence of Treasurer or Deputy Treasurer perform those duties where necessary

Qualifications, Competencies
University degree in Finance, Business or a related field an asset

5 years progressive experience in a variety of accounting, budgeting, financial reporting and financial management areas (preferably in a unionized environment)

Experience in a leadership capacity an asset

Municipal government experience an asset

Professional accounting designation (CPA)

**Must demonstrate corporate competencies**: Customer Focus, Results Orientation, Integrity, and Teamwork
Skills, Abilities, Work Demands
Ability to anticipate, understand and respond to the needs of internal and external customers

Ability to liaise with and build relationships with internal and external stakeholders

Demonstrated highly developed analytical and research skills with the ability to formulate solutions to complex issues

Ability to think strategically and deliver results

Ability to translate business objectives into strategic solutions

Ability to manage financial, human and physical resources

Strong leadership and team building skills, with the ability to prioritize, mentor and