Manager Cash Management and Banking Services

About Us

At the Department of Finance and Treasury Board we strive to provide financial leadership, analysis and policies that strengthen Nova Scotia. As stewards of the province’s financial affairs, we deliver a wide range of corporate fiscal and management services – including the preparation of the provincial budget, forecast updates, fiscal and tax policy, cash and debt management and administration – as well as ensure government plans are coordinated and fiscally responsible. 

About Our Opportunity

 
Reporting to the Director of Cash Management & Banking Services, the Manager of Cash Management & Banking Services prepares and maintains a cash forecasting system for the General Revenue Fund. They assist in the daily activities of the Cash Management section such as short-term borrowing as well as investing of surplus funds for the General Revenue Fund via the capital markets and are responsible for managing the excess funds in the Province’s Public Debt Management Fund and other miscellaneous fund accounts as applicable. This position will also provide support working closely with the Cash Management Officer to identify and create efficiencies.

This position also assists with the Banking function of the Province including the review of Banking and Merchant Contracts, setup and closure of required bank and merchant accounts, coordinate to ensure all merchant account setups are PCI Compliant, facilitation of the administration of banking services for the Province of Nova Scotia, and providing support and working closely with the Banking Administrator to identify and create efficiencies.

The incumbent will be expected to keep abreast of changing financial market conditions and work with senior management for both short-term and long-term forecasting requirements, and for the maintenance of capital markets relationships. Another important function of the Manager, Cash Management and Banking Services role is to conduct ongoing credit analysis of counterparties and the monitoring of potential financial exposures of the Province of Nova Scotia as it relates to cash management and banking services. The Manager Cash Management & Banking Services is expected to perform the duties of the Director, Cash Management & Banking Services as operational requirements dictate.

The Manager Cash Management & Banking Services is also expected to contribute to the development, review, and presentation of strategic document reports, briefing materials, business cases, and executive-level presentations to support senior management decision-making and departmental priorities, when necessary.

It is also expected that the Manager provides supervision and leadership along with the Director to the Banking and Cash Management Officers.

Qualifications and Experience

The successful candidate will have an undergraduate degree in Business Administration, Commerce, Economics, Mathematics or equivalent along with a professional designation or advanced degree (or demonstrably working toward) such as the CFA, FRM, PRM or the MBA or Master of Finance (MFin). They will also have at least five (5) years of experience working in the financial service industry. Experience in forecasting, financial securities, cash management and corporate banking is preferred. Knowledge of Corporate Treasury products and solutions would be considered an asset.


The Manager Cash Management and Banking Services will have advanced computer skills, strong analytical skills, prior experience with accounting principles and advanced skills with Excel and Word are essential. Advanced knowledge in Power Point and SAP also desired. Knowledge in or a strong willingness to learn Visual Basic for Application “VBA” programming is a requirement. Candidate must demonstrate how they have exercised initiative and good judgement.


Excellent interpersonal skills, organizational, analytical, and problem-solving skills are required. Candidates need to have high standards in accuracy, communication and the ability to prioritize tasks with minimal supervision.

Equivalency

Applicants relying on education and experience equivalencies must demonstrate such equivalencies in their application.

Benefits

Based on the employment status and union agreement, the Government of Nova Scotia offers its employees a wide range of benefits such as a Defined Benefit Pension Plan, Health, Dental, Life Insurance, General illness, Short and Long Term Disability, Vacation and Employee and Family Assistance Programs.  For information on all our Benefit program offerings, click here: Benefits for government employees.

Working Conditions

Normal work week is 35 hours/week, 7 hours/day.

May be required to work overtime on occasion.

What We Offer

• Career development where you have access to career guidance, tools, resources, and ongoing training for every stage of your career
• Engaging workplace: our employees feel valued, respected, connected, and tuned in, we have forward-thinking policies and strategies
• Countless career paths
• A Dynamic, client-focused office environment where service excellence and teamwork are our focus.