Deputy Treasurer

Job title:

Deputy Treasurer

Company

Halifax

Job description

Job PostingHalifax Regional Municipality is inviting applications for the permanent, full-time position of Deputy Treasurer in the Revenue division of Finance and Asset Management.Halifax Regional Municipality (HRM) is committed to reflecting the community it serves and recognizing Diversity and Inclusion as one of the Municipality’s core values. We have an Employment Equity Policy and we welcome applications from African Nova Scotians and Other Racially Visible Persons, Women in occupations or positions where they are underrepresented in the workforce, Indigenous/Aboriginal People, Persons with Disabilities and 2SLGBTQ+ Persons. Applicants are encouraged to self-identify on their electronic application.Reporting to the Director of Revenue, Treasurer, the Deputy Treasurer is HRM’s subject matter expert in investments, banking, capital markets and payment processing. This includes the management of the HRM Investment portfolio which ranges from $500 million to more than $1 billion. This position also manages HRM cash flows and consults on financing alternatives.DUTIES AND RESPONSIBILITIES:

• Provide regular reporting and advice to the Audit and Finance Standing Committee and Regional Council to ensure that there is a very high degree of confidence that the investment of public funds is undertaken in a prudent, effective manner.
• Recommend to the Chief Financial Officer, Audit and Finance Standing Committee and Regional Council changes to the Investment Policy such as investment asset mix parameters and credit quality restrictions.
• Plan, develop and implement effective investment strategies within the objectives of the Investment Policy. Responsible for investment performance measured against both internal and external benchmarks.
• Develop and maintain appropriate procedures and controls for recording, reporting, and monitoring investments to ensure that they are in accordance with the Investment Policy.
• Manage HRM banking and brokerage relationships as well as act as strategist and service assembler in the use of banking products.
• Evaluate and implement new banking products.
• Constantly evaluate and benchmark treasury costs and implement process improvements and technologies aimed at reducing costs.
• Act as signing officer on HRM bank and brokerage accounts.
• Manage the liquidity position of the Municipality to optimize the return on cash in compliance with the HRM Investment Policy.
• Manage foreign exchange (FX) transactions to ensure they are performed at the most favourable rate available.
• Develop and maintain predictive cash flow models.
• Analyse and interpret the cash flow implications of diverse financial elements including Operations, Capital Funds, Operating Reserve Funds and Capital Reserve Funds.
• Through the analysis of cash flows, make recommendations with regards to integration of processes, investing, and internal controls.
• Expert knowledge of controls including those intended to prevent and detect fraudulent activities. Ensure proper controls and procedures are implemented across all HRM cash handling units and ensure business units are regularly audited and accountable
• Act as senior advisor to Financial Services and other Business Units in respect to all Capital Market operations and municipal funding principles.
• Primary management liaison with HRM Credit and Debit Card processing company.
• Act as subject matter expert (SME) for eCommerce projects throughout HRM
• Lead Payment Card Industry Digital Security Standards (PCI-DSS) compliance by HRM.
• Manage, mentor and develop the Treasury team including Treasury Supervisor, Senior Treasury Analyst and Treasury Analysts
• Act for the Director of Revenue, Treasurer, in his/her absence.

QUALIFICATIONS
Education and Experience:

• Degree in Economics or Business Administration and a Professional Accounting designation, Chartered Financial Analyst or Certified Treasury Professional certification.
• A minimum of 10 years’ experience in municipal finance and/or investment management.
• A suitable combination of education and experience may be considered.

Technical / Job Specific Knowledge and Abilities:

• Expert knowledge of banking relationships and services.
• Expert knowledge of treasury investment principles.
• Expert knowledge of cash flow modeling
• Knowledge of debit/credit card payment processes
• Ability to develop appropriate investment benchmarks to monitor investment performance.
• Knowledge of municipal finance and capital markets as well as sources and interpretation of economic data.
• Knowledge of investment custodial arrangements, investment performance measurement and brokerage relationships.

Security Clearance Requirements: The successful applicant will be required to complete an employment security screening check, including a criminal record check and credit check.Please note – Testing may be conducted as a component of the selection process to assess technical and job specific knowledge. Candidates, who are selected for testing, may be tested in a group setting, scheduled at the employer’s discretion.COMPETENCIES: Analytical Thinking, Communication, Decision Making, Developing Others, Networking/Relationship Building, Organizational Awareness, Risk Management, Valuing Diversity, Visioning, Strategic Thinking and InnovationWORK STATUS: Permanent, full timeHOURS OF WORK: 8:30am-4:30pm, Monday to Friday; 35 hours per week.SALARY: Non-Union, Salary Level 09 $102,970-$133,260WORK LOCATION:40 Alderney Drive, Dartmouth, NSCLOSING DATE: Applications will be accepted until 11:59 pm on Tuesday, July 30, 2024Please note: We thank all applicants for their interest in this position. Only those applicants selected for an interview / testing will be contacted.
During the recruitment process, applicants have the right to request an accommodation. Applicants invited to participate in an assessment process (such as interview or testing) and who require an accommodation, should discuss their needs with the recruiter when invited to the assessment process.(position #72283656)

Expected salary

$102970 – 133260 per year

Location

Dartmouth, NS

Job date

Wed, 17 Jul 2024 06:49:06 GMT

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