City : Toronto

Category : Full time

Industry : Financial Services

Employer : Interac

Finance Manager

You will…

Reporting directly to the Director FP&A, this role will be a key member of the FP&A team and will work closely with the Finance Business partners supporting & coordinating forecast, budget, financial analysis & decision making.

Key responsibilities include

• Manage, maintain and support the central forecasting P&L model, expense and cash forecasting.

• Support the annual budget cycle and monthly reporting activities including preparation of financial packages, coordination and consolidation of results and variance analysis.

• Support team by providing Budget updates, strategic analysis and assisting with strategy and key decisions.

• Support the production of all executive review material to both the Interac leadership team & Board of directors.

• Continually analyze and evaluate financial reporting tools and processes with a view to optimize the delivery of timely and accurate financial information.

• Support the FP&A transformation to improve financial support to the business, through process efficiency, transparency & visibility to data & analysis.

You’re great at…

Business Partnering:

• Building high trust relationships to key business partners, and influencing their decision making to maximize Interac’s financial performance

• Presenting complex financial analysis to senior management to support decision making.

• Team player with a can-do attitude

Financial Management:

• Lead and coordinate the preparation of monthly financials, analysis, as well as, rolling forecasts. Responsible for review of the content in the monthly financial package

• Manage the consolidated financial statements including support in setting up billing, revenue reporting, headcount, cash management and project evaluations.

• Work collaboratively with business owners including executive team members to provide subject matter expertise and financial advice on complex projects to assists planning and decision making.

• Work with the accounting team to ensure accuracy of financials and to streamline month end processes

• Recommend chart of account structure changes to enhance financial analytics and reporting

• Investigate opportunities for cost reduction and work with business owner to initiate and influence change

• Make recommendations for internal financials presentation including products/programs P&L’s.

Forecast and Budget:

• Support Interac Corp. budget and forecast processes

• Work with stakeholders to ensure required communication, templates and due dates are delivered

• Review information and meet with departments to understand key business drivers (qualitative and quantitative), assumptions, opportunities and risks

• Perform due diligence on all inputs and recommend areas of adjustments

• Analyze and deliver financials to Director FP&A and stakeholders to support executive, Audit Committee and Board reports

• Ensure approved budgets and forecasts are communicated to business owners and loaded into the financial system in a timely manner

Business Decision Support: 

• Support development of a driver driven central forecasting model, develop and bring to light necessary analytics, gaps and opportunities in forecast methodology.

• Work closely with business owner to understand qualitative and quantitative business drivers

• Review models and challenge assumptions for validity

• Prepare necessary presentation materials for senior management review and approval

• Assist in the preparation of presentation materials for the board of directors

Business Process Improvement:

• Evaluate efficiency of processes, and make recommendations for improvement

• Lead and/or assist in the implementation of new processes or process improvements

• Recommend and implement continuous improvement to the budgetary/planning processes to meet the needs of the evolving company

You Have…

• CPA designation or equivalent education required

• Minimum 5 to 7+ years relevant experience in FP&A; financial modelling, business case, budgeting, forecasting and monthly financial statement analysis

• Analytical, intellectually curious and clear critical thinker with a high sense of ownership.

• Advanced Excel Modeling and PowerPoint skills

• Knowledge of Power BI, Tableau will be an asset

• Strong time management skills, multi-tasking, critical thinking and presentation skills

• Strong communication skills both written and verbal

• Ability to communicate with senior management, including executives, at their lev