MINJobs posting: Financial Strategist
July 3, 2024
Municipal Information Network

Financial Strategist

Organization:
City of Calgary
Region:
Alberta
Application deadline:
June 6, 2024
  This job posting has expired
Type:
Full time
Category:
Financial administration
Description
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 benefits. 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. 

The Financial Strategist will be instrumental in driving the Calgary Housing Company (CHC) reach its ambitious vision to be the best affordable housing provider in Canada. Primary duties include:

  • Provide complex long-range financial forecasting, strategic financial advice, investing, funding and lending management.
  • Enable internal divisions' work through the provision of robust and sophisticated financial analysis and modeling.
  • Liaise with external funders and lenders from the Government of Alberta (GoA), City of Calgary (CoC) and the Canada Mortgage and Housing Corporation (CMHC).
  • Perform financial modelling and long-term forecasting to support the portfolio management team in making strategic decisions and recommendations with respect to CHC-managed and owned portfolios. Perform financial planning with regards to various funding sources as well as the establishment and management of reserves.
  • Support financial investment decisions related to portfolio management such as acquisition, divestiture, transition to mixed income model, sustainability plan, real estate strategy for CHC.
  • Provide strategic recommendations to the CHC's executive leaders and provide financial planning, funding, and financing strategic advice in collaboration with the portfolio management division and other divisions at CHC.
  • Perform robust cash flow management and banking functions.
  • Perform investment policy updates as well as investment reporting to CHC's Board of Directors, CHC's Audit and Risk Management (ARM) Committee and the executive leadership team.
  • Liaise with funding and lending partners to support CHC's financial strategy.
  • Prepare reconciliations, journal entries and financial statements related to cash, reserves, debt and investments.
Requirements
  • A degree in Business, Finance, Accounting or a closely related field along with completion of a CPA, CFA or other designation. Preference will be given to candidates with a CFA designation.
  • At least 5 years of related experience.
  • A strong working knowledge of financial principles.
  • CRF certification in real estate finance or completion of real estate finance courses, as well as Real Estate Finance experience will be considered an asset.
  • Experience with financial analysis, interpretation of policy and providing guidance on financial strategy.
  • Intermediate/advanced proficiency in Microsoft Office (Word, Excel, Outlook). Knowledge of macros will be considered an asset.
  • The ability to build strong relationships and collaborate with multi-disciplined teams including executive management, other areas of The City, all CHC divisions and the provincial government.
  • Success in this position requires the following competencies: strategic thinking, well-developed analytical and communication skills, a high attention to detail and quality, and political acumen.
Salary & Benefits

 $44.20 - $59.09 per hour

Contact
Apply online at www.calgary.ca/careers
Other relevant information
Cover Letter
Resume