Financial Planning & Analysis, Senior Business Partner

At Interac, we design and deliver products and solutions that give Canadians control over their money so they can get more out of life. But that’s not all. Whether we’re leading real-time money movement, driving innovative commerce solutions like open payments for transit systems, or making advancements in new areas like verification and open banking, we are playing a key role in shaping the future of the digital economy in Canada.
 

Want to make a lasting impact amongst a community of creative thinkers, problem solvers, technical gurus and high-performance application developers? We want to hear from you.

The Financial Planning & Analysis Senior Business Partner, reporting directly to the FP&A Leader (RTR and Chief Technology Officer), will be an essential member of the FP&A team, acting as a daily business partner to Interac’s Real-Time Rails (RTR) team. This role supports and coordinates forecasting, budgeting, business case development, financial analysis, and strategic decision-making. It presents an exciting opportunity for a Senior Business Partner to contribute to the establishment, delivery, and operation of Canada’s Real-Time Rail system.

You’ll be responsible for:  

• Support the setup and management of the complex, large scale, multi-year RTR portfolio financials, including business cases for insource/outsource decisions and cost-benefit analyses.

• Establish the financial strategy and governance framework for the RTR business unit, including defining the structure, RACI matrix, and processes to manage financials

• Support development of financial reporting package for the RTR business unit.

• Support management of the full RTR P&L, including both cost and revenue components, to ensure the business unit meets its financial targets.

• Support the development and implementation of the allocation methodology framework across RTR business unit and the various Interac’s Product lines.

• Coordinate finance processes for the RTR team, including forecasting, actual performance analysis, budgeting, strategic planning, and decision-making.

• Collaborate with the business to define and track key performance indicators (KPIs) that measure both operational and financial performance, ensuring alignment with strategic objectives

• Assisting in the preparation of executive review materials for all Leadership team (Monthly Operating Reviews) & Board meetings.

• Engage in contracts engagements with key vendors, assessing financial implications and ensuring alignment with business goals; provide other support to EVMO office.

• Champion the FP&A transformation, enhancing transparency, process efficiency, and delivering strategic value to business partners.

• Develop and operationalize a business partnering framework with new budget owners, including external stakeholders and partners. Enhance financial acumen.

• Building high-trust relationships with key business partners to influence decision-making that maximizes financial performance and shareholder value.

• Presenting complex financial analyses to senior management to support data-driven decision-making.

• Working collaboratively with business owners including executive team members to provide subject matter expertise and financial advice.

• Leading monthly financial reviews with the RTR leadership team, highlighting risks, opportunities, and providing recommendations for gap resolution.

• Working with the FinOps team to ensure accuracy of financials and to streamline month end processes. Review prepaid, capital assets and depreciation. Create month end accruals entries when required.

• Investigating opportunities for productivity improvements and work with business owner to initiate and influence change.

• Supporting the delivery of the financial goals of the RTR Program, taking personal responsibility for achieving accuracy of forecast and budget.

• Supporting and execute the annual budget & forecast process.

• Working with stakeholders to ensure required communication, templates and due dates are delivered.

• Reviewing information and meet with departments to understand key business drivers (qualitative and quantitative), assumptions, opportunities, and risks.

• Ensuring all contractual commitments are accounted for in the annual plan and forecast.

• Ensuring approved budgets and forecasts are communicated to business owners and loaded into the financial system in a timely manner.

You bring:  

• CPA designation or equivalent education required

• Extensive experience developing financial models and business cases

• Minimum 7+ years relevant experience in managing P&L financials, business case evaluation, budgeting, forecasting and monthly financial statement analysis

• Advanced Excel Modeling Skills

• Strong time management skills, analytical, ability to work independently and prioritize, critical thinking and presentation skills

• Strong communication skills both written and verbal

• Ability to communicate with senior management, including executives, at their level

Interac requires employees to complete a background check that is completed by one of our service providers.  We use this service to complete the following checks:

• Canadian criminal record check;
• Public safety verification;
• Canadian ID cross-check;
• 5-year employment verification;
• Education verification; and
• If applicable, Credit Inquiry and Social Media Check

How we work
We know that exceptional people have great ideas and are passionate about their work.  Our culture encourages excellence and actively rewards contributions with:
Connection: You’re surrounded by talented people every day who are driven by their passion of a common goal.
Core Values:  They define us. Living them helps us be the best at what we do.
Compensation & Benefits: Pay is driven by individual and corporate performance and we provide a multitude of benefits and perks.
Education: To ensure you are the best at what you do we invest in you

Please be aware of certain individuals fraudulently using Interac Corp.’s name and logo to offer fictitious employment opportunities. Interac Corp. will never ask, solicit, nor accept any monies in exchange for employment opportunities. Any such offers of employment are fraudulent and invalid, and you are strongly advised to exercise great caution and disregard such offers and invitations.

Please note that under no circumstances shall Interac Corp. be held liable or responsible for any claims, losses, damages, expenses, or other inconveniences resulting from or in any way connected to the actions of individuals performing such fraud. Further, such fraudulent communication shall not be treated as any kind of offer or representation by Interac Corp. or its subsidiaries and affiliates.