In addition to technical expertise in managing multi-million-dollar budgets and overseeing financial reporting, the CFO provides strategic vision and leadership advice to align financial practices with the City’s broader vision. The role requires a collaborative approach to working across departments, communicating effectively and building strong relationships with internal and external stakeholders.
As a change agent, the CFO drives continuous improvements and adapts financial strategies to meet evolving municipal needs. The position demands excellence in change management, guiding teams through transitions while maintaining operational stability and accountability. The CFO performs duties and exercises the powers and functions set forth in the Cities Act, City Bylaws, and as directed by City Council.
Major Duties & Responsibilities:
- Provide operational management and leadership of the Financial Services Department, ensuring staff are equipped with the right skills, tools, talents and perspectives to deliver the operational duties of the Department.
- Manage the Department and ensure that all financial activities are aligned with the City’s vision, mission, values and objectives.
- Administer effective financial management systems to ensure appropriate planning and control occurs for the organization.
- Confirm that the organization’s risk exposure is properly managed and risk mitigation strategies are in place.
- Ensure the integrity, timeliness and effectiveness of the City’s Operating, Capital and Operating Budgets.
- Oversee and manage the taxation and assessment processes for the City.
- Develop and implement sustainable financial plans, secure long-term financing, cost analysis and forecasting.
- Develop and coordinate policy development for all City Financial matters including reserves.
- Foster productive long-term relationships with diverse stakeholders, including City Council and the City’s Auditor, ensuring transparency and effective communication.
- Ability to translate complex financial information into clear, actionable insights for decision makers and the public.
- Direct, coordinate and prepare complex reports and recommendations to City Council and Council Committees on all financial matters as required.
- Act as a trusted advisor to City Council, City Manager and Directors in respect to all financial matters, ensuring compliance with all governing legislation.
- Champion financial innovation and continuous improvement, including the modernization of systems, processes, and service delivery methods.
- Lead change management initiatives within the Department and across the organization to support evolving municipal needs.
- Develop and implement strategies for talent development, succession planning and leadership capacity within the Department.
- Lead the development of strategic financial plans that support the City’s long-term growth, sustainability and service delivery goals.
- Perform other duties as assigned.
Qualifications:
- Degree in commerce, finance, public administration or an equivalent combination of education and experience.
- A Master’s degree would be considered an asset.
- Possession of a recognized professional accounting designation preferred.
- Ten years’ administration and management experience with five years at a senior level. Experience with supervising multiple disciplines.
Key Knowledge, Technical Skills and Abilities:
- Knowledge of accounting principles and legislation affecting the financial reporting process.
- Demonstrated leadership abilities.
- Demonstrated experience with executive level problems, strategic planning and related critical thinking
- Seasoned interpersonal, communication and presentation skills to work with Council, staff, community groups, leaders, the public and all order of government
- Strong competence in Microsoft Office particularly Excel and experience with enterprise resource planning (ERP) systems and the integration of financial data
- Knowledge of change management and business transformation processes and implementation.
- Complex problem analysis and solving skills
- Ability to lead strategic initiatives and foster a high-performance culture.
The City of Prince Albert offers competitive salaries, a comprehensive group benefit plan and a defined benefit pension plan.
City of Prince Albert
c/o Human Resources
1084 Central Avenue
Prince Albert SK
S6V 7P3
www.citypa.ca
