If you are committed to public service, enjoy collaborating with others, share our values and have a desire to learn and grow, join The City of Calgary. City employees deliver the services, run the programs and operate the facilities which make a difference in our community. We support work-life balance, promote physical and psychological safety, and offer competitive wages, pensions, and advantages. Together we make Calgary a great place to make a living, a great place to make a life.

The City is committed to fostering a respectful, inclusive and equitable workplace which is representative of the community we serve. We welcome those who have demonstrated a commitment to upholding the values of equity, diversity, inclusion, anti-racism and reconciliation. Applications are encouraged from members of groups that are historically disadvantaged and underrepresented. Accommodations are available during the hiring process, upon request.

As a Treasury Operations Lead, you will be responsible for short and long-term cash forecasting, special projects, oversight and supervision of internal investment operations and provincial borrowings and will supervise the Treasury Operations Administrator and Investment and Debt Accountant. You will be the main operational point of contact in Treasury for foreign currency policy analysis, yield calculations and interest rate analysis, income analysis and investment policy compliance. You will also support corporate initiatives, policy development and delivery, departmental initiatives and business wide projects and be a team member of ongoing special projects including but not limited to contract renewal and procurement of new systems, and the Corporate Borrowing Strategy.

Primary duties include

- Prepare the short-term cash forecast by analyzing historical and future cash flows and by working closely with the business units to determine cash requirements.




- Monitor and analyze the accuracy of the cash flow forecast to ensure the Portfolio Managers and Senior Treasury Analysts have the most up to date information to make investment decisions and maximize returns.
- Approve large last-minute disbursements and provide direction to business units that have projected capital expenditures.
- Lead and support special projects for the Treasury Division including implementation of new systems. Provide operational input and feedback for other initiatives.
- Develop methodologies to track, reconcile, and maintain information integrity when reporting gaps or system issues arise. Design and implement internal audit requirements when recommended or required changes are the result of an audit.
- Responsible for the investment settlement process, Accounting for Investment Portfolios, and the Corporate Borrowing process for internally and externally funded borrowings.
- Provide leadership, oversight, and direction to the Treasury Operations Administrator and the Investment and Debt accountants for the operational functions that support the City¿s investment and borrowing activities, including investment settlement, accounting, reconciliations, journal entries, year-end working papers, compliance support, reporting, providing direction, resolving escalated issues, and reviewing and resolution of escalated issues and signing off on work completed by these roles.
- Review and approve borrowing requests from business units, debenture applications, and debenture certificates prior to obtaining the Mayor¿s signature.
- Review and sign off on reconciliations, monthly journal entries, year-end working papers, and other accounting or operational work prepared by the Treasury Operations Administrator and Investment and Debt accounts.
- Manage or support Treasury system acquisition, RFP processes,



and custodian services contract management.

Qualifications

- A degree in Finance or Business with at least 5 years of experience in financial services or investments.
- Knowledge of the Canadian banking and payments system, interest rate and Foreign Exchange (FX) derivative markets, pricing and risk assessment of these instruments and how they are executed, accounting principles and budgeting as they relate to annual investment income.
- Sophisticated knowledge and experience in investments.
- A Certified Treasury Professional (CTP) designation would be considered an asset.
- Experience with treasury, investment, banking, accounting, and reporting systems such as Ripple Treasury (GTreasury), SAP, online banking platforms, Bloomberg, Microsoft Excel, and Power BI would be considered an asset.
- Excellent communication skills and the ability to communicate about complex financial matters to non-subject matters on experts, senior management and partners. Ability to creatively solve problems and strong interpersonal and supervisory skills.

Pre-employment Requirements

- A security clearance will be conducted.
- Applicants will be tested for appropriate skills.
- Successful applicants must provide proof of qualifications.

Workstyle

- This position may be eligible to work from home for at least part of the time as one of several flexible work options available to City employees. These arrangements depend on the operational requirements of the role, employee suitability, and are subject to change based on operational needs and corporate direction.

Position and Pay Information

- Business Unit: Finance
- Union: CUPE Local 38
- Position Type: 1 Permanent
- Compensation: Pay Grade 13 $50.92 - 68.15 per hour
- Hours of work: Standard 35-hour work week.
- Days of work: This position works a 5-day work week with 1 day off in a 3-week cycle.
- Location: 800 Macleod Trail SE
- Audience: Internal/External
- Apply By: August 12, 2026
- Job ID: 314957

📌 Treasury Operations Lead (Calgary)
🏢 City of Calgary
📍 Calgary