Regional Municipality of Wood Buffalo Looking for Treasury Analyst at Fort McMurray, AB Full Time

GENERAL DESCRIPTION:

Under general supervision, the treasury analyst will support administration and management of the municipality to manage funds, cash and investment portfolio requirements effectively and efficiently.

RESPONSIBILITIES:

• Accounts for investment securities; purchase, sales/maturity, interest income, fees, amortization, reconciliation, and maintenance of investment holdings schedule.
• Analyzes medium and long-term cash flows to determine available funds for investment including appropriate investment time horizons.
• Reviews the municipality’s investment policy on a periodic basis and provides recommendations to the Investment Advisory Committee (IAC) as required to reflect current investment objectives, strategies, risk parameters, benchmarks, and market conditions.
• Prepares and inputs annual operating budgets for debentures, maintains database, and provides information for variance review. Monitors and evaluates market and regulatory developments that could impact the municipality’s investment program.
• Provides market to market valuations of securities.
• Evaluates the investment performance of external investment managers.
• Monitors investment activities to ensure compliance with established risk parameters. Undertakes credit analysis and makes recommendations on appropriate risk exposures.
• Prepares periodic performance reports for presentation to the Chief Financial Officer (CFO), IAC and Council, incorporating best practice standards in benchmarking, portfolio performance measurement, and portfolio returns.
• Prepares analytical reports/studies, analyzes data, and makes recommendations from the results of studies. Undertakes research related to assigned projects.
• Consults with investment managers, economists, analysts, and other market participants to obtain market perspectives and opinions.
• Prepares monthly/quarterly cash flow statements and long-term cash forecasting.
• Updates debentures interests and principal operating cost projections and provides reports.
• Communicates with investment managers/analysts in other municipalities to ensure best practice standards relating to portfolio structure, risk exposures, and general procedures are being met by the municipality.
• Assists with year-end audit preparation where required. Performs accurate journal entries into the financial systems.
• Performs other related duties as required.

QUALIFICATIONS

KNOWLEDGE, SKILLS, AND ABILITIES:

• Must possess tact, patience, and diplomacy when dealing with contacts daily.
• Understanding of investment strategies, processes and procedures, benchmarking as a comparison technique, and the various methods of Investment analysis.
• Familiarity with capital and money markets, and internal and external financial reports.
• Proficiency with financial management systems.
• Knowledge of the legal and regulatory Impacts and constraints regarding investments.
• Negotiation skills: ability to make a case for a course of action while working with Investment managers, traders, economists, analysts, and other market participants.
• Interpersonal, Interviewing, conflict resolution and verbal and written communication skills.
• Political savvy: understand and respond appropriately to the individuals and groups with a stake in an assignment or project.

EDUCATION AND EXPERIENCE:

• Degree specializing in Accounting or Finance or related discipline, combined with a minimum of two (2) years of accounting for investment securities experience.

OR

• Diploma specializing In Accounting or Finance or related discipline, combined with a minimum of four (4) years of accounting for investment securities experience.
• Enrollment in Certified Treasury Professional designation is an asset.
• Enrollment with Chartered Financial Analyst Institute, and experience in a municipal or other government setting are assets.

OTHER REQUIREMENTS:

• Ability to provide a Criminal Record Check for review and acceptance.
• Must be able to perform all duties of the position on an ongoing basis.

SAFETY:

As an employee of the Regional Municipality of Wood Buffalo, the incumbent is responsible and accountable for knowing and working in accordance with the Safety Policy. The Incumbent must work in such a way as not to endanger himself/ herself, fellow employees, or the public.

To apply: Please visit our website at jobs.rmwb.ca

Current employees must apply through the internal careers site.

We appreciate the interest of all applicants; however, only those individuals
selected for interviews will be contacted. Late applications will not be accepted.