Manager, Financial Services/ Deputy Treasurer (Toronto)

Manager, Financial Services/ Deputy Treasurer (Toronto)

25 Oct
|
City of Cornwall
|
Toronto

25 Oct

City of Cornwall

Toronto

Job Title: Financial Services and Deputy Treasurer Bargaining Unit: Non-Union Language Requirement: English Essential Vacancy Status: Existing vacancy Cornwall is a beautiful community with a population of 47,000 situated on the banks of the St. Lawrence River in Eastern Ontario. The city offers a wide array of urban amenities, making it an excellent place for a career and raising a family. With a growing economy, expanding population and fantastic quality of life, there has never been a better time to start the next phase of your career with the City of Cornwall Cornwall is a diverse and progressive community where residents and partners feel safe, welcomed, and enjoy a high quality of life supported by access to financially responsible and sustainable municipal services and infrastructure. Position Summary Reporting to the General Manager of Financial Services/Treasurer, the Manager, Financial Services and Deputy Treasurer is responsible for providing strategic leadership and operational oversight of the municipality's financial operations. This position supports the Treasurer in fulfilling the statutory responsibilities contained in the Municipal Act, 2001, and other application legislation. This role ensures fiscal accountability, compliance with regulations, and optimal stewardship of municipal resources. The position plays a key role in long-term financial planning, helping to shape the organization’s financial strategy. Leading the finance team, the Manager ensures the effective and efficient management of the municipality’s financial resources to support its objectives. Additionally, the Manager collaborates with various departments to align financial goals with organizational priorities, drives initiatives to enhance financial performance, and fosters a culture of continuous improvement within the finance team.





Key Responsibilities
- Manage the financial operations of the municipality, including budget preparation, financial reporting and auditing, and provides guidance to departmental managers on budgetary matters.
- Oversee the completion of the annual audit and finalize the annual Consolidated Financial Statements (FIR), in accordance with Public Sector Accounting Standards (PSAS).
- Manage the municipality's debt and investment portfolios, ensuring optimal financial performance, appropriate liquidity (cash flow), and compliance with relevant regulations.
- Oversee financial system operations, identifying opportunities for automation, process improvements, and system enhancements to optimize efficiency.
- Ensure the accuracy and integrity of financial data by promoting and upholding strong financial management.
- Lead the collection, analysis, and reporting of financial data to provide comprehensive insights and actionable recommendations to Council, senior management, and departmental leaders to support informed decision-making, ensuring all reporting meets regulatory and compliance requirements for senior levels of government.
- Drive the development, implementation, and compliance of financial policies, procedures, and strategies to ensure alignment with the municipality’s strategic goals and priorities,



while ensuring departments adhere to finance-related guidelines and that communication about financial processes is explicit and effective.
- Monitor and analyze financial performance, providing recommendations to mitigate risks and enhance financial sustainability.
- Identify, implement, and execute best practices, prioritizing continuous improvement, operational efficiency, risk mitigation, and cost optimization to enhance overall performance and sustainability.
- Assist with reserve fund planning and management.
- Lead and support the implementation and continuous improvement of the City’s Asset Management Plan (AMP)
- Collaborate with various departments to align financial goals with organizational priorities and drive initiatives to enhance financial performance.
- Act on behalf of the Treasurer during absences or when designated. Leadership of Others
- Provide strategic direction and leadership to ensure team alignment with organizational goals, fostering collaboration, accountability, and high performance.
- Develop team capacity by coaching, mentoring, and identifying professional development opportunities, ensuring alignment with operational and organizational priorities.
- Guide and support team members to meet operational objectives, ensuring compliance with organizational standards, policies, and procedures while fostering a collaborative and respectful work environment.
- Play an active role in the recruitment process by participating in candidate screening, interviews, and hiring decisions while ensuring candidates have a positive experience.
- Facilitate the successful onboarding of newly hired employees by delivering comprehensive training and continuous development, ensuring alignment between their role, organizational objectives, and the municipality’s culture. Positi

📌 Manager, Financial Services/ Deputy Treasurer (Toronto)
🏢 City of Cornwall
📍 Toronto

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