Director, Corporate Fp&A

About the Company

Our client is a leading capital markets organization. They are looking for a Director, Corporate FP&A who will be responsible for leading the Corporate FP&A team responsible for enterprise planning, while also playing a key role in supporting Finance Business Partnering (FBP) teams.

In this leadership role, you empower financially sound planning and decision-making throughout the organization. You do this by spreading financial acumen, telling compelling, data-driven stories to spur action, bridging the knowledge gap between Finance and Operations, and assisting in the creation of FP&A decision-support tools. You will simplify FP&A analysis into easily digestible business logic and take a more technology-guided and teaching-focused approach to business partnering, enabling decision-makers to make sound financial decisions more independently

Why Work Here

• High visibility with CEO, CFO and Board
• Enterprise-wide impact as acquisitions has outpaced finance processes
• This hire would ideally hit VPs succession map
• Exposure to investor relations and strategic finance

About the OpportunityEnterprise Planning

• Ownership of forecasting and annual business planning across the group, including:
• Coordination of timelines and assumption alignment across business units
• Multi-stage reviews with senior leadership
• Creation of final presentations for the Board of Directors
• Ownership of Adaptive Planning (Workday Planning tool)
• Lead the corporate target-setting process to optimize investment allocation while establishing achievable and stretch performance targets that drive desired behaviours and outcomes
• Ownership of the long-term strategic forecast model used in the annual strategic planning process and longer-term modelling
• Conduct business analysis on key enterprise performance drivers (e.G., headcount, profitability)

Corporate Performance Reporting

• Accountable for corporate performance reporting to senior management and the Board of Directors, with a focus on forward-looking, actionable insights
• Responsible for content creation, key messaging, and performance insights
• Lead presentations of results to the Operating Committee
• Accountable for operating segment reporting in external financial statements and MD&A
• Partner closely with Investor Relations to synthesize monthly performance data into:
• Quarterly earnings scripts
• Q&A preparation materials
• Analyst consensus models
• Investor presentation metrics
• Prepare supplementary schedules and analyze/proof quarterly and annual MD&A, press releases, Investor Relations presentations, and communications with shareholders and analysts
• Partner closely with other Finance leaders and teams to improve data capture and GL reporting structures and optimize straight-through processing
• Ownership of incentive plan performance measurement and associated liabilities across TMX;
  contribute to the design of incentive plans in partnership with HR

Enterprise Portfolio Governance

• Oversee and recommend processes for annual and in-year discretionary investment allocations that balance governance, transparency, and business outcomes in alignment with TMX's growth strategy
• Facilitate transparency for material new initiatives outside approved budgets to support CEO, CFO, and SMT approval decisions
• Partner with the PMO and Integration Management Office on overall project governance and tracking
• Co-owner of company-wide policies, including the TMX Expenditure and Budget Authorization Policy

Cost Allocation (Shared Services) Model

• Ownership of the enterprise-wide cost allocation framework across legal entities and operating segments
• Lead the design and structure of the model, including:
• Tools
• Principles
• Governance
• Regulatory compliance
• Tax compliance
• Provide detailed transparency to senior management and Business Unit FBPs regarding key drivers and outcomes, with a focus on understanding value delivery and influencing shared services costs
• Provide variance analysis (budget vs. actual, prior period comparisons, etc.) in a manner that is easily understood by senior management
• Support FBPs in stakeholder discussions to improve confidence in model integrity
• Partner closely with team members to enhance data capture and GL reporting structures and improve straight-through processing
• Conduct business analysis on key enterprise cost drivers
• Enhance the rigour and control framework surrounding model updates and design
• Build flexibility and adaptability into the model to accommodate a rapidly evolving corporate structure, including M&A activity
• Collaborate with external auditors during quarterly reviews and annual audits
• Improve efficiency of model updates and monthly/quarterly journal entries through automation where possible
• Develop a roadmap for the next generation of the model and framework

Other

• Ownership of quarterly and annual goodwill impairment testing and valuation processes, including:
• Alignment with strategic plans
• Input into external disclosure requirements
• Partner with Corporate Strategy and Strategic Finance teams to advance enterprise analysis and insight generation
• Champion and participate in knowledge-sharing forums for FBPs and FP&A professionals to exchange best practices on educating business leaders through FP&A decision-support processes
• Assist in defining success criteria for FP&A tools and establishing measurable business and technical metrics to monitor utilization and quality

About You

• CPA designation
• 10-15+ years of progressive finance experience
• Strong organizational, analytical, and conceptual skills, with the ability to operate both strategically and in the details
• Ability to work effectively across organizational boundaries and foster a collaborative, team-based environment with employees and leaders at all levels

Salary Range

$160,000 - $180,000/year

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity.

The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.

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