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FP&A Senior Analyst

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Interac Corp.

1mo ago

  • Job
    Full-time
    Junior Level
  • Accounting & Tax
    Banking & Finance
  • Toronto
  • Quick Apply

AI generated summary

  • You need a degree in Accounting/Finance, 2+ years in budgeting/forecasting, strong Excel skills, and knowledge of Canadian ASPE. Strong communication and teamwork abilities are essential.
  • You will create financial models, analyze revenue and pricing, prepare financial statements, support budgeting, meet with stakeholders, and assist with reporting and process improvements.

Requirements

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

Responsibilities

  • You'll be responsible for:
  • Assisting with business casing by creating financial models to determine feasibility of projects (metrics include Net Present Value (NPV) calculations) including challenging assumptions & data.
  • 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.
  • Assisting in developing and maintaining revenue models to support short-term and long-term projections.
  • Conducting comprehensive analyses on ad-hoc requests related to product/service pricing.
  • Setting billing and reporting for new product offerings.
  • Developing good knowledge of product by working with subject matter experts and provide financial perspective and guidance to support business performance objectives.
  • Preparing, reviewing, and communicating project financial results to senior management and key stakeholders.
  • Working with business partners to develop forecasts & budget, including multi-year rolling forecasts. Gathering financial and qualitative information to perform due diligence and validation.
  • Assisting with the analysis of the departmental inputs and preparation of the financial projections.
  • Advising business owners on options to get financials on track to budget, help identify risks and costs savings opportunities.
  • Providing financial inputs to Management reports, Board/Shareholder reporting, and the annual 10-year forecast.
  • Assisting in preparing and reviewing business unit, product, and project financial statements, including making appropriate accruals.
  • Assisting in the preparation of monthly financial packages inclusive of variance commentary.
  • Reviewing financial statement variances to ensure appropriateness of revenues &/or expenses.
  • 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.
  • Analyzing information and develop reports to drive the business to improve performance.
  • Supporting intercompany accruals and reconciliation, shared resources allocations.
  • Assisting in the creation of various reports for management and for board packages.
  • Assisting the accounting department with year-end analysis and other as required.
  • Supporting continuous process improvement.
  • Other financial projects as required.

FAQs

What is the main responsibility of the FP&A Senior Analyst at Interac?

The main responsibility of the FP&A Senior Analyst is to provide support for the Planning & Analysis function and act as a Finance Business Partner to key budget owners, guiding them on management and financial reporting, financial modeling, and problem-solving to help drive revenue and reduce costs.

What qualifications are required for this position?

Candidates should have a university degree in Accounting or Finance. An accounting designation is a plus, along with a minimum of 2+ years of experience in budgeting, forecasting, and monthly financial statement analysis.

Is experience with financial modeling important for this role?

Yes, business casing and financial modeling experience is considered a plus for this position.

What tools or software experience is beneficial for this job?

Strong skills in Excel, experience with JDE or other enterprise accounting software is an asset, and familiarity with Canadian ASPE Accounting Standards are beneficial.

How does Interac evaluate the performance of its employees?

Pay is driven by individual and corporate performance, and contributions are actively rewarded through various compensation and benefits.

Is there a focus on professional development for employees?

Yes, Interac invests in employees to ensure they are the best at what they do, supporting education and professional development.

What kind of checks does Interac conduct for employment verification?

Interac conducts several checks including Canadian criminal record checks, public safety verifications, Canadian ID cross-checks, 5-year employment verifications, education verifications, and, if applicable, credit inquiries and social media checks.

What is the desired attitude of candidates applying for this role?

Candidates should possess a team player attitude, have excellent communication and influencing skills, and maintain an open, honest, and customer-centric positive attitude.

Are there opportunities for continued process improvement in this role?

Yes, the FP&A Senior Analyst will support continuous process improvement and engage in various financial projects as required.

Does Interac welcome new ideas and contributions from its employees?

Yes, Interac's culture encourages excellence and actively rewards contributions, fostering an environment where talented individuals can share ideas and pursue their passions.

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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.