Posting date: June 17, 2022
Job Title: Manager of Financial Planning and Budgeting
Number of Vacancies: 1
Posting number: EX22-747
Status: Permanent position
Hours of Work: 70 hours bi-weekly
Shift Work Required: No
Range of Pay: $3,995.60 to $4,700.50 bi-weekly
Start date: To follow selection process
Initial Reporting Location: Tom Davies Square
Eligible to Work from Home: Yes (part time)
Section: Financial Planning and Budgeting
Division: Finance, Assets and Fleet
Department: Corporate Services
Main Function: Plan, direct and provide overall supervision of the activities of the Financial Planning and Budgeting Section of the Finance, Assets and Fleet Division of the Corporate Services Department, including the operating and capital budget process, financial support to operating departments and the development of tax policy and assessment, financing strategies and the investment program.
Duties: Under the general direction of the Executive Director of Finance, Assets and Fleet.
1. Develop and lead the group of finance business partners to provide financial support and analysis to all City of Greater Sudbury (CGS) divisions.
2. Assist in the preparation and execution of the annual Business Plan for the Finance, Assets and Fleet Section.
2. Develop and monitor the operating budget for the Financial Planning and Budgeting Section.
3. Act as an advisor to the Executive Director of Finance, Assets and Fleet on all financial policy matters.
4. Research, monitor and report on financial program and policy activities at the Federal, Provincial and Municipal levels which may impact upon CGS; develop financial strategies for managing same.
5. Review Council Reports and report on the policy and financial impacts.
6. Plan, implement and supervise the operations and capital budget process through on-going variance and financial analysis.
7. Co-ordinate and develop financial policies in alignment with CGS’s vision and values and in accordance with the annual Business Plan including:
· Financial and budgetary strategies to ensure effective financial planning for multi-year budget systems:
· Recommend revenue rate structures in conjunction with operating departments, analyze and report on the impact of revenue and grant structure changes;
· Assist operating departments with strategic planning and policy on all finance-related matters.
8. Oversee the development and monitoring of the Long Term Financial Plan.
9. Co-ordinate the preparation of the quarterly variance reports and multi-year forecasts.
10. Responsible for preparation of financial analysis, studies and reports, as required and in support of annual credit rating requirements.
11. Responsible for the development of municipal tax policy recommendations for Council’s consideration, including:
· Analyzing and reporting any changes in Provincial tax policy;
· Establishing annual tax rates and developing area rates, as required;
· Protection of the property tax assessment base, including monitoring and reporting on assessment changes and impact of same.
12. Liaise with the City Solicitor and other governments on the matter of debt, direct the preparation, approval and issuance of all CGS borrowing instruments.
13. Develop the cash management program and administration of debt including the review, analysis and recommendation of policy or policy changes.
14. Develop and maintain a thorough working knowledge of relevant Provincial and Federal legislation and related regulations (e.g. the Municipal Act, Loan and Trust Corporations Act, Bank Act, etc).
15. Hire, promote and recommend to the Executive Director of Finance, Assets and Fleet, the discharge of Section personnel; perform job performance appraisals, salary reviews and dispense discipline as required.
16. Ensure proper and effective staffing of his/her area of responsibility through adequate scheduling, training and motivational techniques.
17. Develop and maintain a thorough working knowledge of CGS’s Safety Manual and the applicable Provincial Legislation listed therein.
18. Perform other related duties as required.
Education and Training:
University degree in a related discipline (e.g. Economics, Business Administration or Commerce) including several accounting courses at the intermediate level from a recognized University with Canadian accreditation or a professional accounting designation (CGA, CMA, CA) or MBA an asset.
Additional education initiatives to update and expand competencies.
Minimum of six (6) years of senior level experience in the management of large, unionized, and highly diversified public or private sector organizations in an ERP environment.
Municipal funding sources and applicable legislation and related regulations.
Accounting and economic principles and practices.
Current and emerging management issues within CGS as they affect the Section.
Best practices within areas of responsibility.
Horizontal linkages to other relevant governmental levels and services as well as the private sector.
Financial analysis and planning, with particular reference to municipal finance.
Microcomputer software capabilities and computerized administrative systems.
Ability to build work collaboratively with operating departments on complex and diverse projects.
Exercise appropriate judgement and discretion in dealing with confidential information and fiscal analysis.
Build the values of the organization into programs, services and policies.
Prepare an effective Business Plan for the Section.
Set and achieve high standards for the Section.
Align systems to facilitate better service for the citizens of CGS.
Create enthusiasm and motivation for employees to pursue CGS’s targets.
Balance conflicting demands from stakeholders.
Anticipate and manage the impact of change on the Section’s activities.
Manage the financial, human and physical resources of the Section in a collaborative manner.
Manage conflict; mediate disputes; assist in reaching consensus.
Respond quickly to emerging technologies, opportunities or risks.
Provide a stabilizing influence within the Section.
Mental and physical fitness to perform essential job functions.
Excellent use of English; verbally and in writing.
French verbal skills highly desirable.
May require the use of a personal or CGS vehicle on CGS business. Must be physically capable of operating a vehicle safely, possess a valid driver’s licence, have an acceptable driving record, and personal insurance coverage.
Résumés quoting EX22-747 are invited and will be received by the City of Greater Sudbury’s Human Resources and Organizational Development Division, by e-mail at email@example.com or fax at 705-688-3979, for the above noted position until 4:30 p.m. on Thursday, July 7, 2022. Any application received after this deadline will not be considered.
All City of Greater Sudbury employees are required to be fully vaccinated as a condition of hire in accordance with the City's mandatory Vaccination Policy. Please do not submit your proof of vaccination with your resume. This information will only be required if you are selected as the candidate of choice. For more information, please visit our website at www.greatersudbury.ca/jobs.
For more information on the Work From Home Program, please visit our website at www.greatersudbury.ca/jobs.
All applicants are thanked for their interest in this position. Only those selected for an interview will be contacted. If contacted, and you require a disability related accommodation in order to participate in the recruitment process you must advise the Hiring Manager. The City of Greater Sudbury is dedicated to maintaining a fair and equitable work environment, and are happy to hire qualified (including education credential) applicants from anywhere. In order to hire a candidate one must be legally entitled to work in Canada, with legally entitled being defined as having all of the necessary paperwork processed, approved and responded to, by way of a work permit being issued and received. Personal information submitted will be used for the purpose of determining suitability for this competition only in accordance with The Municipal Freedom of Information and Protection of Privacy Act.