Director of Finance and Deputy Treasurer

City of Cambridge; Cambridge; On-site; CAD 143,000 - 176,000; Full time

Job summary

A regional municipal government is seeking a Director of Finance to lead financial planning and reporting. The role requires a solid background in municipal finance with a minimum of seven years of experience. A CPA designation is essential. The successful candidate will ensure the financial sustainability of the municipality, oversee budgeting processes, and manage financial practices in compliance with regulations. This position offers a salary range of $143,962 - $175,557 annually and includes a comprehensive benefits package.

Benefits

Comprehensive benefits package

Ontario Municipal Employees Retirement System (OMERS) employer

Qualifications

• Minimum of seven years’ experience in municipal finance, including management.
• Ability to analyze complex financial information and present it clearly.
• Experience in applying legislation and accounting principles in a municipal context.

Responsibilities

• Lead financial planning processes including budget and forecasting.
• Oversee financial reporting and ensure strong internal controls.
• Act as a trusted business partner building collaborative relationships.

Skills

Municipal finance expertise

Advanced Microsoft Excel

Understanding of financial regulations

Education

Degree in Business or Public Administration

CPA professional accounting designation

Tools

SAP financial systems

Job description

People, Place, Prosperity

Working within our Strategic Plan, Cambridge Connected, and committing to our values of Integrity, Respect, Inclusiveness and Service, the successful candidate will work together to help the City of Cambridge achieve our vision: A place for people to prosper – alive with opportunity.

Job Profile

Reporting to the Chief Financial Officer (CFO), the Director of Finance and Deputy Treasurer leads the Financial Planning, Financial Reporting and Taxation sections of the Financial Services Division within the Financial Division of the Customer & Financial Services Department. The Director works with the CFO/Treasurer in developing short and long-term financial strategies and is responsible for leading the annual budget process. Acting as a trusted business partner to stakeholders, the Director ensures work supports the long-term financial sustainability of the City and is responsible for continuous improvement through the use of technology, implementing solutions and changing processes and procedures as required. The Director must ensure financial practices and reporting are carried out in accordance with legislative requirements, the City’s financial policies, by-laws, corporate fiscal strategy, and the corporate strategic plan.

What you will be doing

• Direct the financial planning processes, including the annual budget, variance analysis and forecasting. Chair of the Capital Budget Working Group, leading the prioritization of the 10-year capital plan to meet City objectives within financial constraints, with input from other Directors.
• Direct the long-term financial planning work for the City, including development charge revenues and timing of growth-funded capital projects. Lead development charges background study and update studies, as applicable. Manage the collection of deferred development charges and financial monitoring and reporting of development charges.
• Direct the overall financial reporting for the City, including developing and implementing policies, processes and strong internal controls.
• Ensure the financial health of the City by monitoring cashflows, advising on and managing debt funding, and managing the investment portfolio.
• Oversees billing and collection of Taxes and Water. Reviews operations and directs technology enhancements.
• Oversees the assessment review process to maintain the City’s assessment base.
• Maintain control of finance and accounting systems and ensure that finance and accounting procedures are transacted consistently in accordance with policies, procedures and statutory requirements. Developing and maintaining strong internal controls to prevent and detect fraud and error.
• Review, interpret and prepare financial analyses and written/oral reports related to business activities and initiatives, Council/Committee reports, financial policies/procedures and various legislation and regulations.
• Lead the development of new technology systems and processes to support the internal and external financial reporting, accounting, budgeting and forecasting activities of the City.
• Lead continuous improvement in finance processes.
• Act as a trusted business partner to stakeholders by building collaborative relationships, understanding their needs and perspective, helping to address and resolve issues in support of departmental and/or corporate needs.

Experience and Knowledge

• A minimum of seven (7) years’ experience in municipal finance, including management and supervision of staff.
• Ability to understand analyze complex financial information as well as convey this information to Council and the public in an easy to understand format.
• Ability to apply legislation regulations and accounting principles in the municipal context.
• Advanced application of Microsoft Office suite of products including Excel.
• Knowledge of SAP or FMW financial systems is an asset.

Education

A Degree in Business or Public Administration and CPA professional accounting designation in good standing.

We will ask you for these items if you are hired

• Proof of your current and valid certificate(s) and/or educational qualifications.
• Supervisor Health & Safety Awareness Training Certificate from the Ministry of Labour

Your compensation

The annual salary range for this non-union position is $143,962 - $175,557 (Band Level 10). We offer a comprehensive benefits package and are an Ontario Municipal Employees Retirement System (OMERS) employer.

Hours of work

Monday to Friday – 8:30 a.m. to 4:30 p.m. (35 hours per week). Occasional evening hours required to attend Council, Public meetings, etc.

Advertisement expiration date

Interested candidates should apply at www.cambridge.ca/careers. This posting will close on September 12, 2025.

Accommodation needs and protection of privacy

The City of Cambridge recognizes and appreciates diversity and inclusion enhances our public value commitment.

We strive to create an accessible and inclusive experience and encourage all qualified people to apply, including and especially people from equity-deserving groups. Qualified applicants will receive consideration for employment with honour and respect toward their individual dimensions of diversity.

We strive to remove barriers that may prevent qualified applicants from fully participating in the recruitment and selection process. Accommodation in accordance with the Ontario Human Rights Code and other applicable legislation is available throughout all stages of the recruitment and selection process. Contact [e-mail] to make your needs known in advance.

For more information on our Employment Equity, please read our full policy.

Personal information collected in relation to the recruitment process is collected under the authority outlined in the Municipal Freedom of Information and Protection of Privacy Act and used solely to determine eligibility for employment with the City of Cambridge only.