At Alberta Finance you have the opportunity to become involved in unique work. Think balancing your cheque book is a challenge? Imagine doing it for the whole province. Or imagine working with Alberta ministries to develop their budgets, investing $47.2 billion, collecting provincial taxes or regulating public pension plans. Imagine using your skills and knowledge to contribute to building a strong and sustainable Alberta.

Alberta Finance forecasts the province’s economic future; manages provincial revenues and investments; regulates insurance, pensions and financial institutions; coordinates the budget; provides risk management; regulates Alberta’s capital market; manages the provincial debt; maintains a fair and competitive tax system, analyzes financial trends; and develops policies and legislation.

Alberta Finance has approximately 550 employees over eleven divisions.

Investment Management Division

The Investment Management Division (IMD) was established to act as the investment manager for pools of capital assigned by statute to the Minister of Finance and for investments of other provincial public sector bodies, where specific agreements have been made. With approximately $47.2 billion under management, Alberta Finance is one of the largest fund managers in the country.

Investment Administration Division

The Investment Administration Division (IAD) provides support for investment operations including: trade transaction monitoring and processing, fund and portfolio valuation and performance measurement, investment systems oversight, support systems development and maintenance, and custodial interface and oversight.

Internal Audit and Compliance

Internal Audit and Compliance administers a risk-based compliance and internal audit function in support of investment policies and procedures.

Office of Budget and Management

The Office of Budget and Management (OBM) manages the provincial budget and business plan review and approval process, prepares economic and fiscal forecasts and provides research, analysis and recommendations on the province’s fiscal, economic and taxation policies. OBM is responsible for intergovernmental fiscal relations and for providing statistical information about the province. It also proposes and prepares accounting and financial control policies, budget documents, quarterly budget updates, annual financial statements and performance measurement reports.

Pensions, Insurance and Financial Institutions

The Pensions, Insurance and Financial Institutions Division (PIFI) is responsible for the regulation and, under certain circumstances, administration of credit unions, loan and trust corporations, financial institutions, insurance and public pension plans. It provides policy support and analysis to the Minister of Finance in these areas, as well as on Alberta Treasury Branches, public sector pension plans and the Canada Pension Plan.

Policy and Strategic Planning

The Policy and Strategic Planning division of Alberta Finance is responsible for long and short-term analysis and policy development to support the Ministry's objectives of a sustainable and competitive revenue structure, strong and viable capital markets and the appropriate investment of the Province's endowment and other funds.

Risk Management and Insurance

The Risk Management and Insurance Division (RMI) administers a program to protect, secure and preserve public assets against risk of significant accidental loss. RMI provides services to client ministries and agencies throughout government to help identify, measure, control and finance risk.

Tax and Revenue Administration

Tax and Revenue Administration (TRA) is responsible for the collection of revenue and the administration of Alberta Finance’s tax, revenue and related benefit programs. TRA also works with Policy and Strategic Planning on the development of tax policy within the province. The focus is a fair, competitive, simple and efficient provincial tax and revenue system. TRA has four branches: Revenue Operations, Audit, Tax Services and Business Technology Management.

Treasury Management

The Treasury Management Division (TMD) has responsibility for the Province’s on-going cash management including borrowing and investments, management of banking and cash forecasting, and arranging short and long term financing for the government and provincial corporations. TMD is also responsible for overseeing the investment of the assets of the general revenue fund set aside to retire debt, monitoring and managing loans and guarantees and providing financial advice to other government departments.

Human Resource Services

Human Resource Services provides support to the ministry by providing leadership in and delivering services to the ministry related to human resources planning, workforce planning, organizational development and consulting, labour relations, classification/compensation, staffing, workforce development and human resource management information.

Strategic and Business Services

Strategic and Business Services is responsible for providing leadership in, and delivering the services to the ministry related to business planning and reporting, business resumption planning, information management, corporate technology services, and financial and administrative policy, planning, compliance and reporting.