Senior Manager, Finance – FP&A, Costing & Allocations
City : Toronto - 100 Adelaide St W
Category : Full time
Industry : Technology & Financial Services
Employer : TMX Group
Venture outside the ordinary - TMX Careers
The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.
Ready to be part of the action?Reports to: Director, Costing & Measurement
This role includes responsibility for full financial planning & analysis support for select corporate function (CF), Finance, HR, Legal, combined with overseeing Shared Services Allocations,and Business Performance Improvement. The role is responsible for planning, directing and organizing all planning, accounting, and performance reporting activities of select company CFs. With visibility to Senior executives across the organisation and working alongside the finance senior leadership team as a strategic advisor to the function, this role understands key business drivers, contributes to strategic planning and execution, and helps implement recommendations to drive profitable business growth.
FP&A - Planning, Budgeting, & Forecasting
Lead efficient and lean forecasting and annual business planning across TMX Corporate functions, including coordination of timelines and assumption alignment across units
Lead the consolidation and analysis of forecasts and budgets against company objectives, both in aggregate and at the CF level, including multi-stage review with CF senior leadership team.
Lead implementations and management of planning tools as required
Manage the long-term strategic forecast model for CFs as part of the inputs to the overall TMX strategy presented to senior leadership and the Board of Directors
CF Performance Reporting
With a focus on forward-looking action and valuable insights, responsible for creation of monthly management reporting packages to Senior leadership including contributions to content selection, key messages and insights, and collaboration across the finance team
Continually assess and provide constructive guidance on how CFs are measured, including creation of dashboards and focused KPIs that lead to more impactful insights
Prepare various supplementary schedules, analyze and proof the quarterly and annual management reports, and inputs to MD&A
Shared Services Allocations
Responsible for the enterprise-wide cost allocation framework, spanning legal entities and operating segments
Participate in the design and structure of the model, including tools, principles, governance, regulatory and tax compliance
Carrying out hands-on execution of allocation model monthly runs including data preparation, results review and analysis, as well as quarterly true ups
Optimize the straight through processing of the model
Analysis of results and communication with various stakeholders (both providers and receivers) across the enterprise
Provide detailed transparency to senior management and Finance Business Partner’s (“FBP’s”) of core drivers and outcomes, with a specific focus on deepening understanding of value provided and where BUs can influence shared service costs
Engagement throughout planning process to ensure allocations are correctly incorporated into theenterprise budget
Development of enhanced reporting
Collaborate with external and internal auditors to ensure successful audits
Demonstrate and promote the use of allocation data to enhance business intelligence, enterprise performance information and to support strategic initiatives and projects as needed
Business Performance Improvement
Participation in and leadership of, various Business Improvement Initiatives, and projects across finance
Recommendation of process improvements and identification of cost savings, opportunities/efficiencies
Support the ongoing transformation of finance through the identification and capture of key performance data, including cost, other financial and non financial data to support leadership in executing the finance transformation roadmap
Strong business sense with 5 to 10 years of progressive finance experience, preferably in financial services or business consulting
University degree with a business, engineering or science background; CPA/CFA preferred
Proven experience with allocations or chargeback in a large/complex corporate environment
Have a partnering mindset, diplomatic and a collaborative style
Strong analytical skills (ability to deal with complex issues)
Excellent communication and presentation skills
Demonstrated time management and problem solving skills
Strong financial analysis skills and technical skills (MS Excel, financial modeling)
Financial Modeling - 5 year(s)
Nice to Have(s):
Exposure to significant projects and initiatives
Exposure to Data and Reporting Analytics
Knowledge of Workday Financials and Workday Projects
Experience with the Google Suite of Tools
Note: Hybrid role - 2 days in Toronto Office
In the market for…
Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.
Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.
Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.
Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!
Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.
Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.
TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.