Director, Financial Planning & Analysis - Technology Job

As a Director, FP&A - Technology you will be a key member of the FP&A team who is the day-to-day business partner to the Technology & Operations (Tech & Ops) team at Interac, supporting & coordinating forecasting, budgeting, financial analysis & decision making.

What you will do…

FP&A business partner to the Technology & Operations team, supporting all financial activities & acting as the main Finance point of contact to the Chief Technology Officer (CTO) Coordination of all finance processes for the Tech & Ops team, including forecasting, actual analysis, budgeting, strategic planning & decision making Support the FP&A transformation to improve financial support to the business, through process efficiency, transparency & visibility to data & analysis. Preparation of executive review materials to support the CTO in all leadership & Board meetings

Team Management:

• Support delivery of financial reporting, analysis, and new products billing requirements
• Mentor, coach team members

Financial Management:

• Manage the financials associated with large technical, complex, multiyear projects
• Knowledge of project management of large IT multiyear projects
• 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 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 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 Tech & Ops team, taking personal responsibility for achieving budget

Forecast and Budget:

• Lead and execute the annual budget & forecast process for the Tech & Ops 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 VP FP&A 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

Additional Accountabilities:

• Participate in negotiations with vendors and contract reviews when required
• Participate in special projects and ad hoc assignments as required

You Have…

• CPA designation or equivalent education required

• Minimum 10-12 years relevant experience in business case evaluation, budgeting, forecasting and monthly financial statement analysis
• Proven experience running and supporting large-scale IT projects.
• Advanced Excel Modeling Skills
• CPA designation or equivalent education required
• Strong understanding of Canadian GAAP
• Advanced Excel financial modelling skills
• Proven management skills and staff coaching, mentorship and development
• 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