Location: King City, ON
Reporting to the Chief Administrative Officer, the Chief Financial Officer / Treasurer is responsible for the following:
Strategic Financial Leadership:
Provides strategic leadership in the development and implementation of short and long-term financial plans aligned with the Township's goals.
Leads the formulation of corporate financial strategies, policies and directions to support business objectives.
Aligns the Township's financial operations with King's strategic plan and future outlook, incorporating key performance indicators, data-driven decision-making, and service-based budgeting.
Advises Council and senior management on strategic financial matters including asset management, investment strategy, and legislative changes.
Develops and implements strategic financial management practices, including budgeting, forecasting, and cash flow management to support short and long-term municipal goals.
Initiates improvement projects that promote fiscal responsibility and financial sustainability
Fosters a culture that reflects the Township's values and supports the Township's mission and vision.
Financial Operations & Oversight:
Responsible for the administration of the Finance Division and its preparation and control of the Township's budget.
Provides guidance and approval for the drafting and recommendation of financial policies and procedures pertaining to development charges, user fees, reserve funds, debt management, procurement, cash flow and investments, financial statements, long range financial planning, lease agreements and any other activity executed by the Finance Division requiring senior approval or advice.
Reviews and approves documents or actions requiring Senior Management recommendations or approval for the Purchasing and Tax Divisions.
Oversees the applications for grants and subsidies from other levels of government.
Directs and manages the activities of Finance staff to ensure compliance with related legislation, regulations, directives, policies and procedures, effective utilization of Department resources and ensures that the operation of the Department complies with and supports the goals set out by the Township.
Asset Management Integration:
Provides strategic financial leadership to support the municipality's Asset Management Program, ensuring alignment with the Council approved asset management plan and compliance with Ontario Regulation 588/17.
Collaborates with senior leadership and department heads to ensure asset management principles are reflected in financial frameworks, capital planning, and budget development.
Develops and implements long-term funding strategies that support Council approved asset management plan.
Monitors and reports on the financial health of asset-related reserves, providing data-driven insights to the Asset Management team, Council and the public.
Utilizes Citywide asset management software to support financial analysis, capital forecasting, and reserve fund planning.
Technology & Data-Driven Decision Making:
Oversees financial systems and data analytics to enhance decision-making and improve financial performance.
Utilizes data analytics and reporting tools, including the Township's Enterprise Resource Planning (ERP) system and other data sources, to provide actionable insights, drive decision-making, and ensure compliance.
Manages and integrates financial data within the Township's ERP system for reporting, forecasting, and strategic analysis.
Leverages financial expertise and ERP integration to identify opportunities for cost control and improved operational effectiveness.
Collaboration & Communication:
Collaborates with departments to develop multi-year financial forecasts and capital planning initiatives, and to ensure financial systems support overall business objectives.
Represents the Township on financial related matters by communicating with members of the media and the community as well as with other municipalities or levels of government.
Responsible for presenting reports and information/recommendations pertaining to the operation of the Finance Department while offering advice on the state of the Township's finances and the actions required to meet financial obligations or objectives at Senior Management, Committee and Council meetings.
Responds to inquires about the Township's finances from the general public, internal departments, other levels of government, taxpayers, auditors, businesses, legal representatives, elected officials and others.
Leadership & Human Resources Management:
Leads the Finance Department's human resources functions, including assessing staffing needs, recommending organizational structure changes, participating in recruitment processes, and making effective hiring decisions.
Oversees staff development, performance management, coaching and mentoring, health and safety compliance, collective agreement administration, and provides recommendations on discipline and termination.
Complies with, oversees and monitors compliance with all health and safety practices as it relates to the Department in accordance with standard operating guidelines and the Occupational Health & Safety Act*.
Other duties and responsibilities as assigned.
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