Service Area: 
Corporate Services

The Finance department provides accounting and financial services to the City of Grande Prairie.

We provide centralized services in the areas of:

  • Accounts payables
  • Accounts receivables
  • Quarterly and annual financial reporting
  • Pay and benefits
  • Operating and capital budgets
  • Financial internal controls

We also provide financial advice to Departments and City Council.

Key Services:

Stewardship

  • Manage the City investment portfolio in accordance with the investment policy approved by City Council, which ensures safety of principal while maximizing return on investment.
  • Provide regular reports to City Council including the Annual Financial Report and Annual Audit.
  • Develop, implement and maintain strong internal controls to safeguard City funds and promote accurate financial information.

Financial Systems/Departmental Support

  • Provide access to financial information including processes for capturing, securing and reporting City department transactions.
  • Provide effective budget systems, financial information systems, financial analysis and financial planning policies.
  • Provide the means to access and interpret the information generated from the day-to-day activity of all departments.
  • Provide training and support on Financial Information Systems.
  • Consult with departments in the areas of capital projects, budgets, financial accounting, benefits and contract negotiations.
  • Maintain financial reporting systems to ensure that operating results are properly compared to budget and performance measures, and are reported to interested parties in a meaningful and timely manner.
  • Ensure the various components of the Financial Information System function properly together to facilitate the processing of source documents (payments, receipts, journal entries, etc..) into useful information.

Long-Range Financial Planning and Policy Making

  • Assist decision-makers in allocating limited resources by providing relevant information on long-term needs. This is accomplished through operating and capital budgets and long-term financial forecasting.
  • Assist in providing long-range financial planning to departments allowing them to focus on service and product delivery.
  • Create and maintain financial policy to provide consistent accounting practices and security of financial resources.