Financial Management Advisor 

Position Summary

Reporting to the Supervisor, Capital Budget the Financial Management Advisor will support the Financial Planning team in delivering regular financial reporting packages and analysis to the assigned departments, the Executive Leadership Team and Council. This role is responsible for the coordination, management of the global processes supporting the preparation of the strategic and financial plans for the department, and prepares in-depth financial, and business analysis ensuring reports are accurate, relevant and insightful to the management team.

Key Duties and Responsibilities

• Provide financial support to the Supervisor in the creation of development-related long-range financial plans, including detailed cash flow projections, payback periods, cost-benefit analyses, and scenario-based what-if analyses using advanced financial modeling techniques.
• Assist the Supervisor in preparing Richmond Hill’s ten-year capital budget, in accordance with a Capital Budget guideline, and liaise with various departments to successfully prepare /implement the annual Capital Budget.
• Provide guidance to various stakeholders on applicable policies and considerations that need to be addressed ensuring compliance and strategic alignment.
• Prepare, consolidate and summarize financial reporting packages, comparing results to prior year, budget, forecast or trend analysis.
• Analyze variance reports utilizing appropriate forecasting techniques, interpret financial data, and comment on historical and future expenditure and revenue patterns
• Provide financial research, analysis, presentation, or modeling as required. Resolve problems of diverse scope utilizing detailed analysis of data and problem-solving skills.
• Present insightful and actionable commentary to leadership team, provide recommendations to improve processes, and resolve complex issues and competing interests
• Prepare written analysis and recommendations on financial matters including reports to Department Management, Executive Management, Committees, Council and the public.
• Participate on project teams as a financial resource in either a leadership, advisory or membership capacity

Education and Experience

•  4 year University degree in Business Administration or related discipline
• Chartered Professional Accountant (CPA) designation is required
• 5 years’ experience preferably in a municipal related field

Required Skills/Knowledge

• Working closely with the rest of the Capital Budget team & various City's Departments/Divisions, have excellent stakeholder management and relationship building skills.
• Proficient in developing and using computerized financial models and tools and respond to issues using sound judgment, problem solving and decision making skills.
• Proven interpersonal skills to foster and maintain cooperative working relationships with a variety of internal stakeholders, demonstrating high proficiency in conflict resolution and negotiation skills
• Well organized, independent and highly-motivated, with the ability to handle multiple job responsibilities, set priorities, problem solve and work with all levels of staff while appreciating the responsibility of meeting tight deadlines.
• Demonstrated competence with the Microsoft office suite of products (Word, Excel, Access and PowerPoint), with superior skills related to Excel and PowerPoint skills.
• Ability to recommend financial planning process improvements considering accounting processes, policies and procedures.
• Must be willing and able to transport yourself to City work sites as required (mileage compensated)., you will be required to provide proof of valid vehicle insurance upon hire.
• Demonstrates good judgment and makes sound decisions
• Shows commitment to personal growth, development, and leadership opportunities
• Shares new ideas and challenges the status quo
• Proven written and verbal communication skills with the ability to communicate with honesty, openness, respect, and trust
• Takes initiative to participate in a culture of learning, mentoring, and sharing
• Contributes to building and being a part of a positive culture
• Demonstrate the City’s corporate values of care, collaboration, courage and service

Leadership Competencies