Sr. Manager, IT FinOps

407 ETR Concession Company Limited; Vaughan; On-site; CAD 100,000 - 130,000; Full time

Job summary

Join a leading highway operator as a Senior Manager for IT FinOps, where you'll lead financial strategies that influence IT operations for millions. This role offers the chance to manage a critical budget, promote team development, and enhance IT value in a thriving workplace culture. Competitive salary and a focus on diversity and inclusion make this an exceptional opportunity for finance leaders passionate about technology.

Benefits

Competitive salary

Bonus structure

Competitive vacation package

Community culture

Continued education budget

Qualifications

• Minimum of 7-10 years of experience in financial management focused on IT finance.
• Proven experience in team leadership and coaching.
• Strong understanding of IT infrastructure and service delivery.

Responsibilities

• Lead and mentor a team managing significant IT budgets.
• Develop financial models and analyze cost optimization.
• Collaborate with stakeholders to communicate financial insights.

Skills

Leadership

Financial Analysis

Team Development

Communication

Analytical Skills

Education

Bachelor's degree in Finance

MBA or relevant advanced degree

Tools

Microsoft Office Suite

Financial management software

Job description

Refer below link for corporate privacy link:

Highway 407 ETR is an all-electronic open-access toll highway located in the Greater Toronto Area in Ontario, Canada. The highway spans 108 kilometres from Burlington in the west to Pickering in the east.

407 International Inc. is the sole shareholder of 407 ETR and is owned by:

• Canada Pension Plan Investment Board (CPP Investments) through indirectly-owned subsidiaries (50.01%);
• Cintra Global S.E. which is a wholly-owned subsidiary of Ferrovial S.A. (43.23%); and AtkinsRéalis, formerly known as SNC-Lavalin (6.76%).

Do you want your IT expertise to directly shape the future of transportation for millions? At 407 ETR, our Information Technology division is at the heart of our mission to provide a fast, safe, and reliable customer experience and drive sustained growth. We're leveraging technology to innovate across all aspects of our business, from ensuring the seamless operation of critical infrastructure to creating exceptional digital experiences for our customers. If you're a driven IT professional passionate about making a tangible impact and contributing to a company that's embracing technology to achieve ambitious goals, explore the opportunities within our dynamic team.

Position Summary:
Lead the financial strategy and optimization for a dynamic IT division as the Senior Manager, IT FinOps. In this pivotal leadership role, you will empower a team to manage a significant IT budget, inclusive of the Data & Analytics group, drive insightful financial analysis across both operational and project expenditures, and strategically plan resource capacity. Your expertise will be instrumental in ensuring financial accountability, maximizing IT value, and directly contributing to the company's success. If you're a results-oriented finance leader passionate about technology and building high-performing teams, this is your opportunity to make a significant impact.

Responsibilities:

Team Management and Leadership:

Lead, mentor, and coach a team of direct reports, fostering their professional development and ensuring high performance.

Set clear expectations, provide regular feedback, and conduct performance reviews.

Promote a collaborative and positive team environment.

Delegate tasks effectively and empower team members.

Lead the development of the annual IT budget (opex and project spend) in collaboration with IT leadership and finance.

Manage and monitor the total IT budget, tracking actual spending and providing variance analysis, encompassing cloud costs.

Develop financial models and forecasting processes, including cloud consumption and spending.

Conduct financial analysis to identify cost optimization opportunities across opex and projects.

Prepare and present financial reports and insights to stakeholders.

Ensure compliance with financial policies.

Oversee the financial management of IT projects through the leadership of direct reports (Project Coordinators).

Establish and maintain financial reporting frameworks for IT projects.

Work with Project Managers to review project budgets, track expenditures, and analyze variances.

Ensure accurate and timely financial reporting for IT projects to stakeholders.

Resource Capacity Management:

Oversee the IT resource capacity management process.

Track and manage IT headcount, providing reporting and analysis.

Collaborate with IT teams on resource requirements and identify potential constraints.

Develop KPIs to monitor resource utilization and capacity.

Track IT vendor expenditures and ensure accurate invoicing and payment processes in partnership with Procurement and IT Leads.

Provide financial data and analysis to support vendor management activities.

Stakeholder Collaboration and Communication:

Build strong relationships with IT leadership, finance partners, Procurement, and other stakeholders.

Communicate financial, capacity, and vendor-related information effectively.

Partner with stakeholders to understand their needs and provide solutions.

Participate in strategic planning processes.

Process Improvement and Best Practices:

Continuously improve IT financial and capacity management processes.

Stay informed about industry best practices.

Drive the adoption of standardized reporting and analysis.

Identify opportunities for automation and optimization.

Qualifications:

Bachelor's degree in Finance, Accounting, Business Administration, Information Technology, or a related field. An MBA or relevant advanced degree is an asset.

Minimum of 7-10 years of progressive experience in financial management, budgeting, and financial analysis, with a significant focus on IT finance (FinOps).

Demonstrated experience in developing and implementing resource capacity management processes.

Proven experience in leading and managing a team, including coaching, performance management, and fostering team development.

Experience in tracking vendor expenditures and providing financial support to vendor management activities.

Strong understanding of IT infrastructure, applications, and service delivery models.

Excellent analytical, problem-solving, and decision-making skills.

Exceptional communication, presentation, and interpersonal skills.

Proficiency in financial management software and Microsoft Office Suite.

Experience in project financial management.

Knowledge of IT cost allocation models and chargeback mechanisms is an asset.

Our Offer

Competitive salary, bonus structure

Competitive vacation package

Community culture

Continued education budget

Expect excellence: Collaborative team, learn, and grow with a high-performance team.

Note:At 407 ETR, we are committed to fostering a diverse, equitable, and inclusive work environment. We value the unique perspectives and backgrounds of all individuals, and we firmly believe that our individual differences make us stronger as a whole.

Our commitment to inclusion extends beyond recruitment and encompasses an inclusive workplace culture through raising awareness, ongoing training, and encouraging feedback. We aim to create a safe and supportive environment where all employees can thrive.

Accommodation for disabilities or other grounds protected by human rights legislation are available upon request for candidates taking part in all aspects of the employment selection process.