Supervisor, Treasury - Richmond, Canada - City of Richmond BC

City of Richmond BC

Verified Company

Richmond, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Supervisor, Treasury & Financial Services:

The City of Richmond is committed to be the most appealing, livable, well-managed community in Canada, a goal that is only made possible by developing our most valuable asset - _our people_.

This is a great opportunity to join our team and shape our community. The City of Richmond offers competitive pay programs, comprehensive benefits and attractive incentives.

If you are looking to make a difference, and to share our vision "to be the most appealing, livable, and well-managed community in Canada", then please apply.

Overview:

Reporting directly to the Manager, Treasury and Financial Services, this position supervises both the Treasury and Accounts Receivable function, including overseeing cash/debt management, investments and assets in excess of $1 billion for the City of Richmond.

Examples of key responsibilities include, but are not limited to:

Effective administration of the City's cash flow to ensure all of the City's current and long term financial obligations are met and public funds are properly safeguarded.
Analyze and develop cash flow projections to assist management in implementing the City's longterm financial strategies.
Support the Manager, Treasury and Financial Services in monitoring and analyzing the City's investment portfolio.
Ensure all investment transactions are executed in accordance with the Community Charter and the City's Investment Policy.
Participate in investment policy review and update.
Ensure all transactions are accurately reported and presented in the City's financial statements in accordance with Generally Accepted Accounting Principle (GAAP).
Manage the City's existing debt and provide analysis on possible external borrowings and capital financing needs.
Responsible for monitoring the City's overall liability limit and ensuring that the City's financing obligations are fully met and that the City continues to operate within its allowable liability servicing limit.
Oversee billing, refund, payment and collection activities.
Work closely with various internal departments to ensure billing and collection activities are done in a timely manner and in accordance with GAAP.
Review accounts receivable aging and determine collection actions for overdue accounts to reduce City's financial losses.
Deal with customers' complaints on billing and collection issues and be responsible for difficult negotiations with customers regarding collection issues.
Manage the City's Development Cost Charges (DCC) installments; administer and safekeeping of the letters of credit portfolio; calculate, collect and monitor latecomer fees and interests.
Responsible for maintaining the integrity of PeopleSoft Billing and Receivables modules.
Work closely with IT in dealing with technical issues and day to day system operational issues.
Oversee the City's and the Community Association's Point of Sale (POS) transactions and system maintenance.
Ensure that all POS activities are in compliance with PCI-DSS and provide trainings to users in areas of PCI-DSS matters.
Perform accounting and reconciliations; review account reconciliations to ensure any discrepancies or errors are corrected in a timely manner to prevent any financial loss to the City.
Implement process improvement to enhance efficiency of workflow and ensure effective internal controls are in place.
Participate in contract renewals (RFP's) for the City's various contracts such as banking services, payment processing services, purchasing card services, collection agency services etc.
Assist in ad hoc financial requests, as required (i.e. prepare monthly and quarterly reports for management).
Supervise and mentor staff members in the Treasury and Financial Services area.

Knowledge, Skills & Abilities:

Knowledge of the rules, regulations, procedures and policies governing the work performed.
Knowledge of accounting standards, including GAAP and the Public Sector Accounting Board (PSAB) in order to ensure accurate reporting.
Knowledge and understanding of how receivable related revenue and expenditures are presented in financial statements.
Ability to assess and provide feedback regarding system changes and/or improvements on various information systems (PeopleSoft, Tempest, Amanda, IPS, Perfect Mind and CLASS).
Ability to supervise, create and motivate staff, develop objectives, coach and mentor staff, assign and delegate work, ensure quality and service standards are met.
Ability to communicate effectively, professionally and courteously and work well with others in varied circumstances, including times of pressure or in stressful or sensitive situations.
Ability to work with various departments and internal stakeholders in analyzing the City's shortterm and longterm cash flow demands.
Excellent communication and facilitation skills in order to interface with the City's internal departments and external customers