Site Accessibility Information Access Key 1 to Skip to Top Navigation Access Key 2 to Skip to the Three One One link Access Key 3 to Skip to City of Winnipeg Main Menu Access Key 4 to Skip to Left Navigation Menu Access Key 5 to Skip to Content area Access Key 6 to Skip to Right Sidebar content area Access Key 7 to Skip to Footer Links
City of Winnipeg
|  Link to the City of Winnipeg French websiteFrançais  |

Corporate Finance

Financial Services

Service Description

An internal service that supports senior management and offers financial stewards of the organization service delivery and policy formulation on financing, credit ratings, cash management, banking and treasury management issues.  Arranges required funding for capital financing and operational cash flow.

Senior management, City departments and the general public are the clients of this service.

Value of Service

The value of this service to our clients is the provision of timely financial information, that cash is available for requirements at the lowest cost and that a maximum return on investment is achieved within the context of prudent financial risk management.

Annual Volume

  • Accounts payable cheques distributed and reconciled - 50,000
  • Deposits processed and reconciled - 16,000
  • Electronic accounts payable payments - 9,000
  • Charitable donation receipts issued - 1,200
  • Short-term investment transactions - 300

Accountability

This division is accountable for the delivery of the City's capital financing, treasury and cash management and the administration of corporate disbursements in addition to representing the City in relationships with banks, investment dealers and credit rating agencies.

Documents

Department Contact:

Rob Provencher, Manager of Financial Services
| 4th Floor, 510 Main Street - 311

Bob Adams, Superintendent of Treasury Branch
| Main Floor, 510 Main Street - 311

Last update: January 26, 2017