Director, Financial Services

Newmarket, Ontario
March 19, 2024
April 15, 2024
CPA status
CPA Member


Director, Financial Services

Join a team that is well beyond the ordinary.

About Newmarket

The growing community of Newmarket is home to 90,000 people and located 40 minutes north of Toronto, in York Region. As one of the most densely populated communities in Ontario, Newmarket may be small in area, but BIG things are happening there. From the transformation of a community landmark, the Mulock Property, into Newmarket’s very own Central Park to the renewal of the urban corridors to make them even more eclectic, vibrant, livable, and lovable – the Town of Newmarket is always looking forward. 

Newmarket is the recipient of a Google etown award, has been voted the best Main Street in Canada, and the town has been recognized as one of the world’s 21 most intelligent communities. Recently, Newmarket ranked 14th in “100 Happiest Cities in Canada,” and for two year’s running won Municipality of the Year by Festivals & Events Ontario. 

Newmarket offers and values flexibility to support work/life balance and wellbeing, including flexible hours, compressed workweeks, and hybrid work.  As we move forward, Newmarket is committed to evolving and trying new innovative approaches, all while creating an environment for extraordinary public service in a welcoming and inclusive community.

About the Opportunity

Reporting to the Commissioner of Corporate Services, the Director of Financial Services provides strategic direction and oversees the execution and delivery of activities within the Financial Services Department. This exciting role encompasses responsibilities in areas including corporate budget, accounting, financial analysis, payroll, asset management, and the billing and collection of property taxes and utilities. Additionally, the Director is tasked with formulating, implementing, and updating the financial strategy and managing the Town’s cash and investments in alignment with the Town’s Investment Policy, Strategy, and the Municipal Act.

The Director of Financial Services will participate in crafting corporate strategies, policies, and directions in collaboration with Senior Management and lead the Department to achieve Newmarket's goals. They will provide leadership in developing and coordinating strategic and annual business plans, major policies, and service standards. Manages staff and operational administration aligning with the corporate vision and values. Supervising policy, program, and service development and delivery, the Director will maintain material, financial, and human resources responsibly, and ensure compliance with PSAB standards. 

Proactive and future focused, the Director will prepare results-oriented departmental business plans aligned with corporate goals, monitor budget activities, and undertake improvement projects aimed at customer service, fiscal responsibility, and leadership excellence. They will provide recommendations, advice, and presentations to the CAO, Commissioners, and Council on corporate decision-making and sensitive issues, and effectively liaison with elected officials, other governments, businesses, and residents on Town matters and financial issues.

About the Candidate


  • Post-secondary degree in finance and accounting, or related discipline. 
  • Completion of a recognized professional accounting designation such as Certified Professional Accountant (CPA).

Knowledge/Skills Required

The ideal candidate will bring a history of senior supervisory level experience within a municipal setting. They should possess a strong commitment to customer service, along with exceptional verbal and written communication, problem-solving, strategic planning, financial analysis, budgeting and presentation skills. It is also essential for candidates to have knowledge in payroll and utility billing practices, an understanding of local government functions, and a solid grasp of labour/employee relations principles, practices, and relevant legislation. Demonstrated expertise in conducting complex computer analyses and report writing, advanced use of spreadsheet applications, information management systems, and municipal financial, taxation, and utility billing applications is required.

Applicants are expected to possess in-depth knowledge of Canadian Generally Accepted Accounting Principles (GAAP), as well as provincial and Public Sector Accounting Board (PSAB) financial reporting standards, complemented by a good understanding of municipal bylaws and policies. They should also exhibit knowledge of various legislation regulating municipal finance, including the Municipal Act, Development Charges Act, Public Sector Salary Disclosure Act, Municipal Freedom of Information and Protection of Privacy Act, Building Code & Planning Act, and PST/HST legislation. A comprehensive working knowledge of municipal finance, accounting, taxation, investment, debt management, and auditing principles and practices is crucial.

Due to the responsibilities of this position a Police Information and Judicial Matters Check satisfactory to the Town is required.

To apply for this executive role, submit your application to Phelps by clicking:

Application deadline: April 15, 2024


401 Bay Street, Suite 1400, Toronto, ON M5H 2Y4
Phone: 416 364 6229

The Town of Newmarket commits to nurturing and embracing diversity in creating an environment for extraordinary public service. The Town promotes equity, accessibility, and inclusion through our thoughts and actions in support of our growing community.

Similar jobs

Similar jobs