FP&A Senior Business Partner

Interac Corp.

Aug 31

Applications are closed

Job
Full-time
Senior Level
Banking & Finance
Toronto

Requirements

CPA designation or equivalent education required
Extensive experience developing financial models and business cases
Minimum 7+ years relevant experience in business case evaluation, budgeting, forecasting and monthly financial statement analysis
Advanced Excel Modeling Skills
Strong time management skills, analytical, ability to work independently and prioritize, critical thinking and presentation skills
Strong communication skills both written and verbal
Ability to communicate with senior management, including executives, at their level

Responsibilities

Supporting the business with managing the Technology Platforms and Practices portfolio financials and business cases to support insource/outsource decisions, cost benefit analysis, other.
Supporting the development of the allocation methodology in tracking technology & operations expenses across the various Product lines.
Coordinating of all finance processes for the T&O team, including forecasting, actual performance analysis, budgeting, strategic planning & decision making, business cases for T&O platform investments.
Assisting in the preparation of executive review materials to support the Chief Technology Officer in all leadership & Board meetings.
Support renewal of key vendors contractual agreements assessing financial implications.
Supporting the FP&A transformation to improve business partnerships and deliver strategic value to business, through process efficiency, transparency & visibility to data & analysis.
Building high trust relationships to key business partners and influencing their decision making to maximize Interac’s financial performance and shareholders value.
Presenting complex financial analysis to senior management to support decision making.
Supporting and coordinating the preparation of monthly financials, analysis, as well as, rolling forecasts, various management reporting. Responsible for review of the content in the monthly financial package.
Working 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.
Delivering monthly reviews to Leader, FP&A (CTO) & Head, FP&A regarding risks, opportunities, and gap resolution.
Working with the FinOps team to ensure accuracy of financials and to streamline month end processes. Review prepaid, capital, depreciation. Create month end entries when required.
Investigating opportunities for productivity improvements and work with business owner to initiate and influence change.
Supporting the delivery of the financial goals of the T&O team, taking personal responsibility for achieving budget.
Supporting and execute the annual budget & forecast process for the T&O team.
Working with stakeholders to ensure required communication, templates and due dates are delivered.
Reviewing information and meet with departments to understand key business drivers (qualitative and quantitative), assumptions, opportunities, and risks.
Performing due diligence on all inputs and recommend areas of adjustments.
Analyzing and delivering financials to Leader, FP&A (CTO) and stakeholders to support executive, Audit Committee and Board reports.
Ensuring all contractual commitments are accounted for in the annual plan and forecast.
Ensuring approved budgets and forecasts are communicated to business owners and loaded into the financial system in a timely manner.
Developing necessary analytics and business case justification for approval.
Working closely with business owner to understand qualitative and quantitative business drivers.
Reviewing models and challenge assumptions for validity.
Making recommendations to enhance the business case.
Preparing necessary presentation materials for senior management review and approval.
Assisting in the preparation of presentation materials for the board of directors.
Supporting business owners with vendor discussions/negotiations, where requested.
Reviewing contract terms and provide all necessary edits from a financial perspective.
Evaluating efficiency of processes and make recommendations for improvement.
Leading and/or assisting in the implementation of new processes or process improvements.
Recommending and implementing continuous improvement to the budgetary/planning processes to meet the needs of the evolving company.

FAQs

What is the primary responsibility of the FP&A Senior Business Partner at Interac?

The primary responsibility of the FP&A Senior Business Partner is to support the Technology & Operations team with financial forecasting, budgeting, business casing, financial analysis, and decision-making processes.

What qualifications are required for this role?

A CPA designation or equivalent education is required, along with a minimum of 7+ years of relevant experience in business case evaluation, budgeting, forecasting, and monthly financial statement analysis.

Is there a specific skill set needed for this position?

Yes, candidates should possess advanced Excel modeling skills, strong analytical and time management skills, critical thinking abilities, and excellent written and verbal communication skills.

Who does the FP&A Senior Business Partner report to?

The FP&A Senior Business Partner reports directly to the Leader, FP&A (Chief Technology Officer).

What type of financial analyses will the FP&A Senior Business Partner be responsible for?

The FP&A Senior Business Partner will be responsible for managing financial models, business cases, forecasting, actual performance analysis, and monthly financial reporting.

Will the FP&A Senior Business Partner have interaction with senior management?

Yes, the role involves presenting complex financial analysis to senior management and preparing materials for leadership and Board meetings.

What does the onboarding process involve?

The onboarding process includes completing a background check, which involves employment verification, criminal record check, education verification, Canadian ID cross-check, public safety verification, and credit inquiry.

Are there opportunities for professional development within the company?

Yes, Interac invests in employees' education to ensure they are the best at what they do, providing various opportunities for professional growth.

How does Interac support employee well-being?

Interac provides a multitude of benefits and perks, including compensation driven by individual and corporate performance, to support employee well-being.

Does this role involve vendor interactions?

Yes, the FP&A Senior Business Partner will support business owners with vendor discussions and negotiations, evaluating contract terms from a financial perspective.

Interac Corp.

Get more out of life with INTERAC. Profite plus de la vie avec INTERAC.

Finance

Industry

201-500

Employees

1984

Founded Year

Mission & Purpose

Interac Corp. empowers Canadians to access, spend and send funds whenever and from wherever they choose. With nearly 300 financial institutions connected to our network, we enable payment and ID experiences that support Canadians’ accelerated use of safe and digital payments while prioritizing interoperability, security, privacy, and inclusivity. We are proud to be one of Canada’s leading and most trusted financial brands, with Canadians choosing Interac products an average of 18 million times a day to pay and exchange money. Interac champions workplace culture and corporate citizenship based on the principles of responsibility, diversity and inclusion.