Senior Financial Analyst

Description

The Senior financial Analyst, Project and Investment Support position is a collaborative role that will be aligned to a specific set of project portfolios and will be expected to become subject matter experts on all financial considerations related to projects in those portfolios.  The Project Cost Analyst will provide financial support for the entire lifecycle of the projects including benefit tracking.  This role will report directly to the Senior Manager, Finance.

Responsibilities

Provide financial support for the entire project lifecycle.

• Responsible for building the financial component of project business cases to the Portfolio Steering team.  For larger and more complex projects, may include building detailed multi-year financial models of costs and benefits.
• Work with the project team to establish monthly budget baseline for project expected spend.
• Responsible for tracking of costs and providing detailed insights into variance between actual vs. budgeted and forecasted costs to support business decisions.
• Work with project team to update project forecasts on a monthly basis.
• Prepare the reporting and analysis related to capital expenditure and investments required for MBR/QBR/Audit Committee.
• Complete Month end reconciliation with internal reporting (I/O & CC) at a summary level (capital vs. expense) for Mega projects
• Manage all financial aspects of change requests – update and present business case financials as required.
• Work with financial decision support to establish benefit tracking mechanisms for projects with benefits.

Strive for Process Excellence

• Assist project team in the monthly closing process to ensure all project costs are accounted for – provide guidance on submitting invoices and accruals.
• Reviewing the funding documentation (AIM Form) required to establish project funding.
• Assist in the creation and updating of standardized monthly project reporting to be used for presentations to the Executive team and distributed to the EPMO and PMs.
• Assist in preparation of materials and presentations for the Executive Collaboration Meetings (ECM), Monthly Business Reporting (MBR), Audit Committee, and Board of Directors meetings.
• Ensure all financial protocols and control processes are followed and assist with Audit requirements as required (internal and external).
• Assist with automating processes and driving initiatives to use new platforms to drive efficiencies.

Additional Responsibilities

Planning Support

• Assist with annual and long-term capital and depreciation planning activities.
• Provide inputs into the 5-year financial planning process – consolidate known and expected benefits from in flight and pipeline projects to include in the 5-year plan.
• Assist with tri-annual depreciation forecasting activities by providing insights into timing of when projects expected to go into production.

Collaboration

• This role will require the incumbent to be highly collaborative across various business functions and departments to be able to deliver results.
• The various departments this role will have to work closely with are EPMO, Accounting, Planning, Ops and IT, amongst others.

Business Support

• Ability to prepare ad-hoc reports and analysis in a timely manner.
• Assist in the creation and delivery of training to selected teams on relevant financial policies and procedures as required.
• Seek opportunities to evolve documentation, forms, reporting and processes with the intent of increasing insight and/or streamlining tasks and processes.

Education

• University degree in finance or business plus a CPA designation is required.

Experience

• Minimum 5 years’ experience in a similar role with a focus on cost accounting, variance analysis and financial modelling.
• Ability to manage multiple priorities and meet deliverables in a timely manner.
• High proficiency in Microsoft Office (i.e. Excel, PowerPoint), knowledge of SAP 4Hana/S4 and PowerBi is an asset.
• Detailed oriented with strong organizational, communication, analytical and problem-solving abilities.
• Ability to comfortably interact with all levels within the organization to achieve desired results.
• Ability to prepare and present financial information in written and verbal format to non-financial individuals.
• A self-starter with the ability to take initiative.
• Knowledge of the courier industry would be an asset.
• Must be a team player.

Skills