Treasurer

The Town of Cochrane, is a vibrant and welcoming community in Northeastern Ontario, known for its rich history, stunning natural landscapes, and a strong sense of community spirit.

Cochrane is not only a beautiful place to live but also a progressive municipality committed to sustainable growth and innovation. The municipality fosters a collaborative environment where community engagement and citizen feedback are highly valued. As a potential candidate for a position with the municipality, you’ll have the chance to make a meaningful impact in a town that prioritizes quality of life and community development. Join us in shaping the future of Cochrane and be part of a community that truly cares.

THE OPPORTUNITY
The Town of Cochrane is seeking a dedicated and experienced Municipal Treasurer (full time) to oversee and manage the financial operations of the municipality. In this key leadership role, you will be responsible for the preparation and management of the municipality’s budget, financial reporting, and strategic financial planning. The Treasurer will ensure compliance with provincial regulations and municipal policies, while also providing expert financial advice to Council and Senior Management.

The ideal candidate will possess a strong background in public sector finance, with exceptional analytical and communication skills and will lead a team of finance professionals, fostering a culture of collaboration and accountability. The successful candidate’s expertise will be vital in enhancing financial transparency, optimizing resource allocation, and supporting the municipality’s long-term fiscal health. If you are passionate about serving your community and driving financial excellence, we encourage you to apply for this impactful role.

Why Work with Us?

• Competitive Salary: Annual range of $117,127 - $131,828, reflective of experience and expertise.
• Health & Wellness Benefits: Comprehensive coverage package to support your well-being.
• Pension Security: Participation in the OMERS Defined Benefit Pension Plan, ensuring long-term financial stability.
• Overtime Flexibility: Enjoy 10 (ten) days (2 (two) weeks) of time in lieu for any additional hours worked.
• Vacation Recognition: Vacation credit for relevant prior service, so you can start with the time off you deserve.
• Commitment to Growth: Support for professional development, helping you advance in your career.

KEY RESPONSIBILITIES

• Statutory Responsibilities: Fulfill Treasurer duties under the Municipal Act and Municipal Tax Sales Act, and related statutes.
• Financial Management: Oversee budgeting, forecasting, financial reporting, cash management and internal financial controls, ensuring accurate day-to-day records. Promote strong financial practices, including budget control and reporting.
• Financial Oversight: Administer accounting, budgeting, forecasting and financial reporting for accuracy and reliability.
• Asset & Investment Oversight: Manage reserve funds, debenture debt, investments, and asset records per the Town’s TCA Policy, Public Sector Accounting Board (PSAB) standards and the Municipal Act. In collaboration with all departments, assist in updating and implementing the Town’s Capital Asset Management Plan.
• Regulatory Compliance: Ensure compliance with Provincial and Federal financial reporting, including grant program compliance.
• Budget Development & Presentation: Lead annual and capital budget preparation, including public presentations, offering analysis of funding and project alternatives as required.
• Insurance Management: Oversee the Town’s property and liability insurance, claims, and coordination with legal counsel.
• Audit & Year End Process: Coordinate year-end processes/reports and audit preparations; prepare for the annual audit and ensure timely completion of financial statements in compliance with Provincial requirements.
• Procurement and Purchasing Management: Establish and implement procedures for efficient purchasing and accounts payable, develop procurement policies and by-laws, and provide guidance to staff and department leaders on these practices.
• Accounting Operations Oversight: Supervise all accounting functions, including tax billing, collections, payables, payroll, benefits, and OMERS administration, ensuring accurate processing and compliance with remittance requirements.
• Interdepartmental Collaboration: Work with department heads and advise the CAO on financial matters; collaborate with departments on financial aspects of water systems and Capital Asset Management.
• Financial Advising: Provide Council and leadership with regular financial updates and insights; participate in strategic planning and advise the CAO on the Town’s financial policies and progress.
• Finance Department Leadership: Lead the finance team by managing hiring, assignments, performance reviews, training, and disciplinary actions to ensure a high-performing department.

MINIMUM QUALIFICATIONS:

• University degree in Accounting, Finance, Commerce, Business Administration or equivalent post-secondary education.
• Professional designation - CPA, or progression towards designation is required.
• AMCTO (CMO, AMP or AOMC), Certified Municipal Revenue Professional (CMRP), or Accredited Municipal Clerk Treasurer (AMCT) designation is considered an asset.
• Minimum of 5 – 7 years of municipal experience in a similar Finance role is required. Management and personnel experience required.
• Demonstrated experience in managing Municipal budgets, financial planning and reporting is required.
• Proven knowledge of Generally Accepted Accounting Principles (GAAP) and Public Sector Accounting Standards (PSAS) is required.
• Thorough knowledge of financial, purchasing, accounting, and auditing principles and practices, is required.
• Extensive knowledge of applicable legislation/regulations, investment and debt management, grant processes, property taxation, and budget formulation is required.
• Excellent verbal and written communication skills to interact with stakeholders, council members, and auditors.
• Proven ability to lead and manage financial staff, fostering teamwork and professional development.
• Experience in developing financial policies, procedures, and internal controls.
• Effective decision-making capabilities.
• Highly developed analytical and problem-solving skills.
• Excellent organizational skills.

The Town of Cochrane values the unique skills and experiences each individual has to offer and we are committed to creating an inclusive and accessible organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). If you require accommodation to participate fully in our recruitment processes, please let us know when we contact you.

The Town of Cochrane is an equal opportunity employer seeking to live its values in all we do. We are committed to taking proactive steps to provide and create opportunities for historically marginalized groups. We strongly encourage qualified candidates from Indigenous, Black, and other racialized persons, 2SLGBTQI+ people, individuals with disabilities, and other members of marginalized communities to consider working with and for the Town of Cochrane.

All applicants are thanked for their interest, but only those selected for an interview will be further contacted. Information gathered is under the authority of the Municipal Freedom of Information and Protection of Privacy Act and shall only be used for candidate selection purposes.

If this role interests you, please submit your resume and cover letter by the end of the day on November 22, 2024.