Manager, Financial Planning

Reporting to Director, Planning

The Manager, Financial Planning is responsible for analyzing, forecasting, and reporting accurate financial information to enable effective evaluation of business performance and decision-making in the areas of P&L, cash flows, and balance sheet, acting as a liaison between functional areas and the Finance department. To this end, the Manager, Financial Planning has additional responsibilities related to analytics and data mining.

Job Details

Accountabilities

Planning:

  • Preparing Annual Operating Plan/Strategic Plan/ Monthly forecasting, including leading of overall process and timelines based on company performance, market conditions, competitive activities and growth opportunities
  • Provide insightful interpretation of key business drivers underlying the business results, highlight key issues and make appropriate recommendations where required
  • Assist in annual and quarterly forecasting of the company’s overall revenues and understanding the key drivers related to ARPU and subscribers
  • Provide financial support in analysis, recommendation, and implementation of solutions and improvements
  • Ensure continuous process improvement in terms of efficiency, transparency, and overall effectiveness in driving better business decisions
  • Assist in preparing Annual Operating Plan, including leading the overall process and timelines
  • Participate in developing targets for departments related to operating and capital spending
  • Provide departments with guidelines and assumptions to develop budgets
  • Analyze results against budget and prepare commentary on variances
  • Assist in building detailed planning templates and strategic plans
  • Assist in developing reforecasts and strategic plans at corporate level based on actuals and future financial projections
  • Assist in overall monthly flash/forecast to provide results before month-end, allowing for time-sensitive analysis and decision-making

Reporting:

  • Deliver actuals reporting to business units and finance team, including tracking on key metrics in relation to month-end finance activities
  • Analyze variances and prepare flash forecasts for respective departments
  • Monitor month-end accruals and reversals process
  • Prepare reports and recommendations enabling effective business performance evaluation and decision-making in areas of P&L, cash flow, and balance sheet
  • Prepare reports and presentations for monthly and weekly management meetings
  • Prepare financial reporting sections for quarterly board deck meetings

Modeling:

  • Develop, implement, and use tools for managing and analyzing financial performance
  • Create models and metrics to improve upon forecasting of financial performance continuously
  • Develop financial models to evaluate the effectiveness of a business idea and provide recommendations, as well as track results to expectations
  • Be able to analyze and organize large volumes of data into a predictive model to drive effective business performance and decision-making

Knowledge and Skill Requirements

Level of Education

  • Bachelor’s degree in commerce, business administration, or economics
  • Recognized accounting designation (CA, CMA, CGA, or equivalent)
  • Proficiency in analysis and data mining using SQL is an asset

Job Related Experience

  • Minimum 3 years of relevant experience
  • Experience managing a small team

Skills and Background

  • Ability to create complex, multi-year financial models
  • Knowledge of International Financial Reporting Standards
  • Familiarity with subscriber-based business
  • Advanced-level skills in Microsoft Excel, Hyperion Essbase, and Oracle Financials

Communications

  • This position requires the objective review of difficult work problems, obtaining cooperation, or approval; requires considerable resourcefulness.

As a result of the COVID-19 pandemic and the need to strengthen and promote health protection within SiriusXM Canada, employment is conditional upon the ability to provide authorized proof of full COVID-19 vaccination status, at least 14 days prior to starting employment with SiriusXM Canada. SiriusXM Canada acknowledges its obligations under the applicable human rights legislation and will comply with its duty to accommodate in appropriate cases.

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