Reporting directly to the Director FP&A Commercial, this role will be a key member of the FP&A team who is a day-to-day business partner to the Commercial team at Interac, supporting & coordinating forecasting, budgeting, financial analysis & decision making.
Key responsibilities include
Support the business with pricing strategy across our suite of products, to include a pricing road map by product & business case analysis for all proposed future products.
Manage pricing governance at Interac to ensure all pricing decisions are made based on strong & independent financial analysis, in a standard format & in adherence with Interac’s pricing governance framework .
Coordination of all finance processes for the Commercial team, including forecasting, actual analysis, budgeting, strategic planning & decision making.
Assist in the preparation of executive review materials to support the Chief Commercial Officer in all leadership & Board meetings.
Complete Post Implementation Review (PIR’s) for all completed projects & new products brought to market by the Commercial team at Interac, and provide an analysis of results compared to agreed business cases, including recommendations on potential improvements.
Support the FP&A transformation to improve financial support to the business, through process efficiency, transparency & visibility to data & analysis.
You’re great at…
Building high trust relationships to key business partners, and influencing their decission making to maximise Interac’s financial performnce
Presenting complex financial anlaysis to senior manangement to support decission making.
Team player with a can-do attitude
Manage the pricing process with large technical, complex, multiyear projects
Support 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 financials of new product lines including support in setting up billing, revenue reporting, and analysis
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.
Deliver monthly reviews to Director Commercial FP&A & VP FP&A regarding risks, opportunities, and gap resolution
Work with the accounting team to ensure accuracy of financials and to streamline month end processes
Investigate opportunities for productivity improvements and work with business owner to initiate and influence change
Make recommendations for internal financials presentation including products/programs P&L’s.
Support the delivery of the financial goals of the Commercial team, taking personal responsibility for achieving budget
Forecast and Budget:
Support and execute the annual budget & forecast process for the Commercial team.
Support Interac Corp. budget and forecast processes, with focus on the product group
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 Commercial and stakeholders to support executive, Audit Committee and Board reports
Ensure all contractual commitments are accounted for in the annual plan and forecast
Ensure approved budgets and forecasts are communicated to business owners and loaded into the financial system in a timely manner
Business Decision Support:
Develop necessary analytics and business case justification for approval
Facilitate and develop financial modeling for strategic initiatives, new products, pricing changes
Work closely with business owner to understand qualitative and quantitative business drivers
Review models and challenge assumptions for validity
Make recommendations to enhance the business case
Prepare necessary presentation materials for senior management review and approval
Assist in the preparation of presentation materials for the board of directors
Support business owners with vendor discussions/negotiations, where requested
Review contract terms and provide all necessary edits from a financial perspective
Build and manage a detailed framework for connecting and tracking various elements of a large projects including contractual agreements, SOWs, actual vs. planned spend, committed/pipeline spend, rolling forecast and cash flow
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
Participate in negotiations with vendors and contract reviews when required
Participate in special projects and ad hoc assignments as required
CPA designation or equivalent education required
Extensive pricing experience, business case modelling & formulation of pricing strategy
Minimum 7+ years relevant experience in business case evaluation, budgeting, forecasting and monthly financial statement analysis
Advanced Excel Modeling Skills
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 level