Financial Analyst, Financial Planning & Analysis

FUNCTION:

The Financial Planning & Analysis (FP&A) group at Porter Airlines is tasked with providing actionable business insight that will boost financial performance. The Financial Analyst (FA) position will play a significant role in budget/forecasting activities, internal and external reporting and financial modeling and analysis.

As a valued business partner, a high level of business acumen will be required as the FA will engage directly with senior management on analysis and recommendations that will actively influence business decisions. The FA will also work closely with their respective business units as an active contributor on strategy, operational tactics, revenue optimization, expense management and budgeting/forecasting initiatives. The FA will also be required to work with cross functional teams to model business scenarios and provide financial support on strategic projects.  

DUTIES AND RESPONSIBILITIES:

• Acts as a business partner to management and executives, jointly developing forecasting, reporting, analysis, and providing insight into a wide range of business and financial decisions

• Initiates analysis of monthly variances, and works directly with operational management, executives, and the financial reporting team to identify and resolve variances to plan

• Participate in month end close and audit process

• Prepares weekly, monthly reporting  and enhances the existing KPI reporting and analytical tools to increase efficiency and uncover more insight into business operations.

• Ad hoc financial modeling and recommendations to support the business units in making financially sound business decisions.

• Manages the Company’s capital expenditure request process, evaluating requests for capex, supporting the development of business cases, and tracking performance to plan

• Develops and reviews Board and Committee presentations

• Administration of forecasting and budgeting software

• Ad Hoc projects as required

• Actively participate in Porter’s Safety Management System (SMS) including, reporting hazards and incidents encountered in daily operations; understand, comply and promote the Company Safety Policy 

BEHAVIOURAL COMPETENCIES:

• Concern for Safety: Identifying hazardous or potentially hazardous situations and taking appropriate action to maintain a safe environment for self and others.

• Teamwork: Working collaboratively with others to achieve organizational goals.

• Passenger/Customer Service: Providing service excellence to internal and/or external customers (passengers).

• Initiative: Dealing with situations and issues proactively and persistently, seizing opportunities that arise.

• Results Focus: Focusing efforts on achieving high-quality results consistent with the organization’s standards.

• Fostering Communication: Listening and communicating openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus.

• Exemplifying Integrity: Treating others fairly, honestly, and respectfully, furthering the integrity of the organization and its relationships of trust with team members and the broader community.

• Inspiring Others: Energizing and inspiring others to strive for excellence and commit to common goals and purposes, creating a sense of self-efficacy, resilience, and persistence in followers.

• People Leadership: Assuming a leadership role in helping others achieve excellent results.

• Leading Change: Recognizing the need for change, being open to new ideas and methods, and championing transformational change within the organization and beyond.

 QUALIFICATIONS:

• Must be an excellent communicator.

• Must have excellent interpersonal and collaboration skills.

• Deadline driven - Workloads tend to peak during the key deadlines of the annual budget, and forecast processes.

• Ability to work with cross-functional teams.

• An undergraduate degree, a professional designation (CPA, CFA) or MBA an asset.

• 2+ years of work experience in FP&A supporting business units or similar experience.

• Must be able to rapidly adapt to change and deliver under minimal supervision.

• Experience in operational and cost savings analysis, and the ability to make sound financial decisions, which may impact the company.

• Proven ability to leverage internal relationships and drive change.

• Advanced Microsoft Excel and some knowledge of Microsoft Access preferred.

• Database (SQL), VBA, or other Programming knowledge is desirable.

• Leading, coaching and developing a high performing finance team.

• Knowledge of MS Dynamics (Great Plains), Prophix and Tableau an asset.

• Aviation industry experience is an asset.

LOCATION: Billy Bishop Toronto City Airport - YTZ