Chief Financial Officer Job at The City of Red Deer, Red Deer, AB

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  • The City of Red Deer
  • Red Deer, AB

Job Description

The Opportunity:

The City is seeking a highly motivated individual to fill the permanent full-time role of Chief Financial Officer who as a vital member of the leadership team, plays a crucial role in leading and advising on strategic financial objectives which align with enterprise goals and financial sustainability of The City. Positioned within the Corporate Performance and Supports division, the CFO collaborates with other leaders to monitor and report on effective and sustainable municipal service delivery.

The City of Red Deer is currently undergoing an organizational design process which includes centralizing financial functions within the Corporate Performance Supports. The CFO will be a key contributor in co-designing this area.

Key Accountabilities:

As a financial expert and strategic thinker, the CFO assesses risks, applies foresight, and ensures outcomes within standards and regulations. They recommend financial strategies and policies to the Executive Director, City Manager, and executive leadership, and liaise with the Mayor, Council, and other leaders, often acting as the spokesperson on the City's financial affairs.

The CFO's responsibilities include duties under the Municipal Government Act of Alberta and Public Sector Accounting Standards. They direct the City's enterprise business planning (budget) process, support the Audit Committee's work plan, and ensure financial stewardship of City assets. Managing the Finance & Treasury Department, the CFO set direction for and oversees budgeting, financial planning, procurement, treasury, internal controls, and audit coordination, ensuring integrity, transparency, and compliance in all municipal financial activities.

As our preferred candidate, you will have:

The successful candidate will be a credible business partner who can build and retain a strong professional team to support the organization with substantial change. In addition, the candidate will have the following:

Education and Experience

  • Bachelor’s degree in accounting, Finance, Commerce, Business Administration, or a related field.
  • Professional accounting designation, (CPA) is required plus continuous training and development within accounting designation and in leadership development.
  • Master’s degree (e.g. MBA, MPA) or advanced training in public administration is considered an asset.
  • A minimum of 10 years senior financial leadership experience, preferably within the public sector.
  • Demonstrated experience in multi-year budgeting, capital project financing, and financial policy development.
  • Experience working with elected officials and navigating political environments.

Competencies & Attributes

  • Deep knowledge of Alberta’s MGA, PSAS, and municipal finance practices.
  • Strong leadership and team-building capabilities with a collaborative management style
  • Excellent verbal and written communication, especially in presenting complex financial matters to non-financial audiences.
  • Demonstrated leadership and management skills, with the ability to effectively plan, direct, coach and mentor staff to reach their full potential.
  • Thorough working knowledge of and understanding of statutes, regulations and by-laws affecting the position’s areas of responsibility.
  • Demonstrated sound professional judgement, decision-making and problem-solving skills in the face of ambiguity and under pressure.
  • Detailed knowledge of internal security and control principles, experience creating and/or auditing financial statements.
  • Considerable experience in a complex, computerized environment, and knowledge of current computer technology and system development concepts.
  • High proficiency with financial systems and tools, preferably municipal ERP systems.
  • Demonstrated political acumen in a complex environment with multiple stakeholders with often competing interests.
  • Ability to communicate clearly and accurately both in writing and orally through effective presentations, reports and policy documents, etc.
  • The ability to handle sensitive information, maintain confidentiality and deal tactfully and professionally in an open and political environment.

What we offer:

Competitive wages of $73.43 to $91.78 per hour ($143,733 to $179,666 per annum)

Excellent benefits package, pension plans, spending accounts and professional development opportunities to support your career growth.

Options to benefit from hybrid work arrangements, allowing for better work-life integration while maintaining high standards in accounting operations.

We are committed to a healthy, vibrant, and sustainable community. Our employees are the cornerstone of our organization and working with us will provide you with a work-life balance, career growth and job stability and the opportunity to work in an ever-growing environment and to work with an awesome group of people.

Affiliation:

Exempt

Hours of Work:

75 hours biweekly; Monday to Friday, overtime on evenings and/or weekends may be required when needed.

Additional Information:

Follow the link for additional information -

We thank you for your application. Only those selected for an interview will be contacted.

Job Tags

Hourly pay, Permanent employment, Full time, Afternoon shift, Monday to friday,

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