Director, Commercial FP&A

Location: Waterloo

About the Company  Our client is a leading financial institution specializing in mortgage solutions. They are looking for a Manager, FP&A who will work closely with the VP, FP&A and other Directors on the team. The role provides senior-level financial leadership, advice and decision support across the Bank, with specific focus on strategic analysis, such as the new Channel P&L, and leadership as the FP&A SME for the Workday Adaptive project.
Responsibilities include leading complex projects and programs with notable risk, complexity and business impact;
Competitive compensation package inclusive of annual bonus and RRSP matching.

Lead the budgeting process for overheads, including analysis of key trends and risks.

~ Develop and present comprehensive budget packages for senior leadership and the Board of Directors.

~ Maintain the Bank’s long-term financial model, including preparation of 10-year financial projection.

Develop monthly financial forecast packages, comparing projected full-year results against budget and identifying implications for business decision-making.

~ Analyze forecast changes across all financial line items, including material drivers, risks and opportunities.

~ Prepare and present quarterly executive and Board-level financial presentations.

Work with Director, Finance and Strategic Initiatives support on strategic project teams across the organization, including initiatives with notable risk, complexity and business impact along with evaluation of business cases to assess viability, P&L impact, and performance outcomes. Conduct contribution margin and business performance analyses to support strategic priorities and senior-level decision-making.

~ Lead new advanced analytics and management reporting, such as the new Channel P&L, including financial planning, performance monitoring, variance analysis and executive-level insights.

~ Develop strategy for program execution and mobilize cross-functional stakeholders to deliver innovative solutions and functional/technical standards.

~ Workday Adaptive Project Leadership and Process Improvements
~ Serve as the FP&A lead and SME for the Workday Adaptive project, including program execution strategy, stakeholder alignment, deliverables and end-result accountability.

~ Lead the development, enhancement and maintenance of financial modules, reports, planning processes and governance within Workday Adaptive.

~ Apply considerable professional judgment to identify and implement process improvements that enhance forecasting accuracy, operational efficiency and reporting quality.

~ Design and deploy new financial reports and dashboards to meet evolving business needs, including functional and technical standards.

~ Train and educate users on the platform, maintaining relevant documentation, guidance materials and change adoption support.

~ Communicate on a wide range of organizational, system and planning issues; negotiate internally and externally as required, often at senior levels.

Degree in Business Administration, Accounting, Finance, or a related field

~ Professional designation – CPA, CMA, CFA preferred (not mandatory)

~ Advanced experience with Workday Adaptive Planning or similar enterprise planning/reporting platforms is preferred.

~ Proficiency in using data analysis tools and software such as Excel (proficient in PowerBI), SQL

~ Significant progressive experience in Financial Planning & Analysis, strategy and/or business performance management; financial services experience is a plus.

~ Strong PowerPoint skills, with the ability to storyboard and create executive-ready presentations for senior audiences.

~ Strong analytical, problem-solving, and attention-to-detail skills, with the ability to sift through large volumes of data and present clear, concise reports tailored for non-finance audiences.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required…