FP&A Senior Analyst

Interac Corp.; Old Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company at the forefront of Canada's digital economy! As a FP&A Senior Analyst, you will play a pivotal role in shaping financial strategies and supporting innovative projects. This position offers the opportunity to collaborate with talented professionals and contribute to impactful financial decisions. You will provide insights through financial modeling, assist in budgeting, and work closely with key stakeholders to drive business growth. If you are passionate about finance and eager to make a difference, this role is perfect for you. Embrace the chance to thrive in a dynamic environment that values your contributions and invests in your future!

Benefits

Performance-driven pay

Comprehensive benefits

Education investment

Talented team environment

Qualifications

• 2+ years experience in budgeting and financial statement analysis.
• Strong analytical skills and ability to create insights from data.

Responsibilities

• Support financial modeling and business casing for new projects.
• Prepare and review financial statements and monthly financial packages.

Skills

Budgeting

Financial Analysis

Financial Modeling

Problem-Solving

Communication

Team Collaboration

Accounting Standards (ASPE)

JDE or Enterprise Accounting Software

Education

University Degree in Accounting or Finance

Accounting Designation

Tools

JDE

Excel

Job description

At Interac, we design and deliver products and solutions that give Canadians control over their money so they can get more out of life. But that’s not all. Whether we’re leading real-time money movement, driving innovative commerce solutions like open payments for transit systems, or making advancements in new areas like verification and open banking, we are playing a key role in shaping the future of the digital economy in Canada.

Want to make a lasting impact amongst a community of creative thinkers, problem solvers, technical gurus and high-performance application developers? We want to hear from you.

The FP&A Senior Analyst will provide support for the Planning & Analysis function and will be a Finance Business Partner to key budget owners in the organization. The Senior Financial Analyst will use their expertise to guide the team on management & financial reporting, financial modeling, and problem-solving to help drive revenue and reduce costs.

You'll be responsible for:

1. Projects, New Businesses Support:
   1. Assisting with business casing by creating financial models to determine feasibility of projects (metrics include Net Present Value (NPV) calculations) including challenging assumptions & data.
   2. Supporting the development of commercial models, pricing, KPI’s, and dashboards for new business units/products to generate value-added insights and recommendations to drive business growth.
   3. Assisting in developing and maintaining revenue models to support short-term and long-term projections.
   4. Conducting comprehensive analyses on ad-hoc requests related to product/service pricing.
   5. Setting billing and reporting for new product offerings.
   6. Developing good knowledge of product by working with subject matter experts and provide financial perspective and guidance to support business performance objectives.
   7. Preparing, reviewing, and communicating project financial results to senior management and key stakeholders.
   8. Working with business partners to develop forecasts & budget, including multi-year rolling forecasts. Gathering financial and qualitative information to perform due diligence and validation.
   9. Assisting with the analysis of the departmental inputs and preparation of the financial projections.
   10. Advising business owners on options to get financials on track to budget, help identify risks and costs savings opportunities.
   11. Providing financial inputs to Management reports, Board/Shareholder reporting, and the annual 10-year forecast.
2. Month End Reporting:
   1. Assisting in preparing and reviewing business unit, product, and project financial statements, including making appropriate accruals.
   2. Assisting in the preparation of monthly financial packages inclusive of variance commentary.
   3. Reviewing financial statement variances to ensure appropriateness of revenues &/or expenses.
   4. Meeting with budget owners monthly to review results, explain variances against budget &/or forecast, and offer directions to help budget owners get back to budget.
   5. Analyzing information and develop reports to drive the business to improve performance.
   6. Supporting intercompany accruals and reconciliation, shared resources allocations.
3. Additional Accountabilities:
   1. Assisting in the creation of various reports for management and for board packages.
   2. Assisting the accounting department with year-end analysis and other as required.
   3. Supporting continuous process improvement.
   4. Other financial projects as required.

You bring:

1. A university degree in Accounting or Finance.
2. Accounting designation is a plus.
3. Minimum 2+ years’ experience in budgeting, forecasting and monthly financial statement analysis.
4. Business casing, financial modelling experience is a plus.
5. Knowledge of Canadian ASPE Accounting Standards.
6. Solid problem-solving skills, highly analytical.
7. Excellent communication and influencing skills; ability to create story behind numbers.
8. Team player attitude, ability to develop strong working relationships with related team members, business partners.
9. Open, honest customer-centric, positive attitude.
10. Experience in JDE or other enterprise accounting software is an asset.
11. Eligibility to work for Interac Corp. in Canada in a full-time capacity.

Interac requires employees to complete a background check that is completed by one of our service providers. We use this service to complete the following checks:

• Canadian criminal record check;
• Public safety verification;
• Canadian ID cross-check;
• Education verification; and
• If applicable, Credit Inquiry and Social Media Check.

How we work:
We know that exceptional people have great ideas and are passionate about their work. Our culture encourages excellence and actively rewards contributions with:

1. Connection: You’re surrounded by talented people every day who are driven by their passion of a common goal.
2. Core Values: They define us. Living them helps us be the best at what we do.
3. Compensation & Benefits: Pay is driven by individual and corporate performance and we provide a multitude of benefits and perks.
4. Education: To ensure you are the best at what you do we invest in you.

Interac empowers Canadians to transact digitally with confidence by providing payment and value exchange services. In helping to develop the future of money and data in Canada, security is the core of everything we do. We help keep Canadian customers safe and secure when transacting. With nearly 300 financial institutions connected to our network, Canadians choose Interac products over 20 million times a day on average to exchange money. Interac champions workplace culture, community, and corporate citizenship. We are proud to be one of Canada’s leading and most trusted financial brands.

For more information, visit In The Know.