Manager, Financial Planning and Analysis

Reporting to the Director – Financial Planning & Analysis (DFPA) the Manager of Financial Planning & Analysis (MFPA) provides support and leadership to the financial planning, analysis, and business intelligence functions. Develops and implements strategies, plans, standards, and processes for areas of accountability in consultation with DFPA. Participates in the Institute’s strategic financial planning processes, taking the lead on designated elements including those related to development of budgeting, forecasting, and reporting.

Leads business intelligence services aimed at providing meaningful insights to business performance, opportunities, risks, impacts, and solutions, delivering critical planning and decision support across the Institute. Provides leadership to a team of eight Financial Analysts for academic and non-academic units.

In addition to mentoring and developing staff within the functional areas of direct responsibility, the Manager provides leadership and strategic direction across the institution to ensure responsible financial decision making, budgeting and accurate, timely reporting.

The position is responsible for developing institutional reporting tools and assisting major budget holders (President, VPs, Deans, Directors, and Campus Administrators) by providing high level, individualized financial and strategy planning advisory sessions throughout the budget and monitoring cycles.

Duties:
Budgeting and Planning

Responsible to the DFPA for the development and implementation of the university’s annual budget, medium range forecasts, financial analyses, program costing, and other strategic models to facilitate decision making.

Leads the timely preparation of operating and capital budgets, and development of multi-year forecasts to project future financial performance to ensure the university’s ability to meet its strategic objectives.

Ensures all activities proceed according to approved financial plans and that appropriate controls are in place to ensure appropriate approvals and accountabilities and continuously reviews, analyzes, and monitors budgets for the ongoing financial performance of the university.

Monitors regulatory and reporting requirements relating to budgets and forecasting and implements appropriate changes to procedures and processes to ensure compliance.

Ensures strong systems of controls within complex data models. Applies best practices of model creation by producing developer documentation.

Maintains ERP’s “Annual Versions” through the Planner Module for allowing the upload of budget and labour plan. Ensures yearend maintenance is completed to ensure the reporting continuity of the Salary Forecast.

Financial Analysis and Reporting

Proactively works in collaboration with the DFPA to ensure all reports are prepared in compliance with generally accepted accounting standards (GAAP), Public Sector Accounting Standards (PSAS) and regulations applicable to B.C. public sector.

Transforms financial and non-financial information into business intelligence in support of strategic decision making, leveraging systems and operational knowledge to produce predictive analyses and business intelligence.

Supports the DFPA in meeting the fiduciary duties of the Board’s Finance, Audit & Facilities Committee.

In collaboration with the DFPA, prepares presentation materials for CFO & VP Administration.

Provides support to other areas to derive fiscal impact of business decisions such as: assessing the feasibility of a new program, scenario modeling and ranking financial outcomes using NPV, IRR, DCF, etc.

Leadership and Administration

Leads and supervises unionized support staff including recruitment and selection, training, performance planning, evaluating, and disciplining where appropriate.

Provides training, training opportunities and guidance to direct reports to enable them to perform their job duties and stay current in their position.

Establishes clear performance expectations for each direct report to ensure the realization of the strategic and operational objectives. Ensures that direct reports are appropriately adhering to policies and procedures and meet service excellence…