Municipality of the County of Inverness
News

Water Utility & Capital Projects Comptroller

Department:   Finance  
Reports To:     Chief Financial Officer  
Location:         Port Hood, NS  
Position:          Full-Time [35 hours per week]  

 

POSITION SUMMARY:

The Comptroller reports to the CFO and supports the Senior Management Team to ensure strategic alignment and financial planning for the Water Utility and capital infrastructure projects of the Municipality of the County of Inverness Water Utility.

The Comptroller provides financial oversight for the municipality’s Water Utility and capital projects, including the development and update of associated strategic funding plans.

Leveraging a strong background in financial internal controls, performance monitoring, auditing, and reporting, the Comptroller will develop financial management strategies, policies, and procedures in consultation with members of the Senior Management Team, as well as other leaders in various departments. The Comptroller will oversee the financial planning and tracking for capital projects, including the Facilities Five Year Capital Plan. The Comptroller will also work with the Senior Management on the long-range capital finance plan for the Water Utility.

JOB DUTIES:

Job duties include, but are not limited to:

  • Perform pre-audit of various accounting activities related to the municipal Water Utility and capital projects.
  • Balance and reconcile various accounts and ledgers of Water Utility funds.
  • Maintain the Water Utility’s fixed (capital) asset inventory system, prepare journal entries and update fixed (capital) asset system in accordance with Generally Accepted Accounting Principles.
  • Prepare regular and special financial and statistical statements and reports of a complex nature.
  • Formulate and recommend accounting policies and makes recommendations to improve existing accounting systems.
  • Access, input, and retrieve information from a computer using word processing, spreadsheet, financial accounting and database software.
  • Assist in forecasting revenues and expenditures; assist in budget development and in the preparation of other financial documents and records.
  • Ensure timeliness and accuracy of financial statements.
  • Prepare numerous audit schedules.
  • Attend meetings and training sessions for continuing education.
  • Work closely with external auditors.
  • Provide direction and mentor junior staff in accounting procedures and policy.
  • Responsible for financial oversight and reporting of assigned capital projects, including the development and update of associated strategic funding plans. Develop financial management strategies, policies, and procedures in consultation with members of the Senior Management Team.
  • The Comptroller will oversee the financial planning for capital projects, including the Facilities Five Year Capital Plan.
  • Directs the financial management of designated capital projects by preparing budgets, monitoring and reporting expenditures and analyzing variances, contributing to the development and review of requisite financial models.
  • Develops, recommends, and implements appropriate policies, procedures, and systems for capital projects and meets regulatory and contractual requirements; problem-solves and provides education to users, where appropriate.
  • Develops short- and long-term budget assumptions and goals to be used in the development of project financials for designated capital projects; works with project teams and external advisors to analyze and quantify project risks. Liaise with management and external advisors in the development of procurement models and funding analyses; provides project advisors with information needed to undertake their analyses and to undertake quality assurance review of their outputs.
  • Leads capital project accounting and monitors the financial aspects of project implementation, collaborating with Capital Projects and Planning and Finance to develop appropriate financial reporting of projects and project accounting.
  • Works with key internal staff and external consultants to develop pre-construction capital cost estimate budgets for designated major capital projects, including start-up and operating budgets.
  • Based on pre-construction estimates, leads the creation, development, and implementation of detailed operational budgets for designated capital projects along with performance monitoring strategies during and post completion.
  • Monitors changes to plans to identify and quantify budgetary impacts; develops revised and/or amended capital and operating financial forecasts, budgets, and other related information as needed.
  • Ensures compliance with accounting standards, municipal accounting policies, PSAB, and government capital reporting guidelines.
  • Develops a capital cash flow forecast for assigned capital projects by working with management and external consultants to identify project timelines and associated cash flow management; and identifies financial risks and issues and provides recommendations regarding risk mitigation/resolution to the CFO.
  • Other related duties as required

SAFETY:

  • Ensure all policies and procedures set forth by the Municipality of the County of Inverness are always observed.
  • Report all work situations which are suspected of being unhealthy or unsafe.
  • Report any employee whose on-the-job performance or actions contravenes established safety procedures or work practices.
  • Report all near-misses and incidents
  • Report related injuries or property damage regardless of severity.
  • Submit reports on accidents and other hazardous conditions discovered and promptly attend to all hazardous situations.

KNOWLEDGE, SKILLS & ABILITIES:

  • Exceptional numerical ability
  • Strong organizational skills
  • Experience with spreadsheets and financial analysis software, experience with Diamond Municipal or Microsoft GP considered an asset
  • Excellent communication skills
  • Attention to detail
  • Knowledge of regulatory and other financial standards and requirements, specifically Nova Scotia Utility and Review Board processes
  • Experience preparing for audits
  • Governmental accounting, purchasing, finance, auditing and expenditure control systems and procedures
  • Office practices and procedures, equipment and standard techniques as applied to the maintenance of government accounting systems
  • Applicable laws, regulations, procedures and processes governing the receipt, custody and expenditure of monies of a municipality
  • Ability to work collaboratively with multiply departments across the organization
  • Drive for continuous improvement and professional development

EDUCATION & TRAINING:

  • A bachelor’s degree in accounting. Candidates with a CPA (Certified Public Accountant) certification are strongly preferred.

EXPERIENCE:

Successful candidates must have at least 5 years of accounting experience. Preference given to individuals that have worked at an accounting firm, government finance department, or performed senior-level accounting work. Someone with business leadership experience, including a number of years managing staff, is considered an asset.

Note: This job description is not intended to be all-inclusive. Employee may perform other related duties to meet the ongoing needs of the organization.

 To apply for this position, forward your cover letter and resume, in confidence to jobs@invernesscounty.ca

This position will remain posted until filled.

 

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