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Manager, Financial Planning & Analysis (FP&A)

Financeit is a point-of-sale financing provider serving some of the largest home improvement and retail organizations in Canada.

Our platform helps businesses of any size close more sales by offering customers affordable monthly payment options for their next big home improvement, vehicle or retail purchase. Financeit is small enough that you can make an impact within the company and large enough to make an impact in the market.

As focused as we are on creating unique, category-defining products, we are also building a distinct and inclusive culture. We’re a diverse and dynamic team seeking the best and brightest talent to help us achieve our company goals, and to continue to build on our award winning culture.

About the role:

Are you a master modeler? An excel wizard? Do you want an exciting career in one of the fastest growing companies in the FinTech industry, and to be part of an innovative, entrepreneurial team that disrupts the financial and business services space? If you’ve answered yes to all of the above, we want to hear from you!

We are looking for an experienced finance professional with a proven track record of crafting accurate and complex financial models, a strong drive for accuracy in reporting and analysis, and a curiosity for improving processes. This position will report to the Director of Finance and have responsibility for supporting all parts of our budgeting process, management reporting, as well as ad-hoc reporting and analysis functions.

What you’ll do:

  • Responsible for corporate planning and forecasting models to support strategic planning, reporting and provision of advice and insight to the business leaders
  • Support with building structure around budgeting process to drive P&L alignment and accountability with all functions
  • Assist in Analyzing and investigating P&L performance and variances between plan/forecast and actual results
  • Understand the operating and economic environment and take into account the business outlook
  • Assist the Product Department in structuring and the economics of new or existing products and merchant partnership relationships
  • Provide decision support, financial and analytical counsel to facilitate decision-making around strategic business initiatives; act as a key finance business partner to leaders across the organization
  • Assisting with the preparation of Board reporting packages as well as Investor and Lender decks
  • Identify opportunities to drive revenue, optimize margins, and reduce costs
  • Communicate results to business leads and operational teams
  • Support M&A or other corporate activities
  • Prepare various ad hoc analysis and projects to assist with the management of the business.

  • Superior Excel skills required, including experience with detailed financial modelling (complex formulas, advanced functions, tables/pivot tables)
  • 4+ years of experience in financial analysis, preferably in financial services including M&A, and transaction services
  • A professional designation (CFA, CBV, CPA) or MBA will be an asset
  • Initiative and the ability to perform in a fast-paced, unstructured environment
  • Ability to work independently with minimal guidance to meet corporate and team objectives
  • Solid two-way communication skills, both verbal and written
  • Strong attention to detail and intellectual curiosity
  • Experience with accounting systems an asset

Winner of Canada’s Most Admired Corporate Culture from 2018 to 2024, we offer more than just the basics. Take advantage of:

  • An award-winning culture with a collaborative & inclusive team
  • Competitive pay and performance based bonus
  • Committed to flexible work arrangements, offering hybrid workplace options
  • Comprehensive medical, dental and vision coverage + Lifestyle Account
  • RRSP Matching and Parental Leave Top Up Program
  • In office massage, meditation & workout sessions
  • Virtual events such as Lunch & Learns, company parties, fun team activities and charity initiatives
  • Career learning and development programs

Next Steps:

If what you just read excites you, we’d like to hear from you! Please submit your application and we’ll contact you if you become selected for a phone interview.

Financeit is committed to creating an inclusive employee experience for all FIT team members. We firmly believe that our work isn't at its best unless all of our employees, regardless of race, gender, religion, sexual orientation, age, or disability have equal opportunities to do great work.

What You Should Know About Manager, Financial Planning & Analysis (FP&A), Financeit

At Financeit, we're on the lookout for a talented Manager of Financial Planning & Analysis (FP&A) to join our dynamic team. If you're an Excel wizard and a master modeler, this is your chance to shine in one of the fastest-growing companies in the FinTech sector. We're dedicated to empowering businesses by providing point-of-sale financing solutions that help them close more sales. With a vibrant and inclusive culture, you'll find that your contributions can make a real impact both within our company and in the market. As a Manager of FP&A, you will be instrumental in shaping our budgeting process and offering invaluable insights to guide our business leaders. Your expertise will support strategic planning, P&L analysis, and crafting detailed financial models. Whether you’re assisting in Board reporting or identifying opportunities to drive revenue, your analytical prowess will be key. Plus, working at Financeit means enjoying a flexible workplace and a culture that celebrates collaboration and diversity. So, if you're eager to take the next step in your career while working with a team that values creativity and innovation, we want to hear from you!

Frequently Asked Questions (FAQs) for Manager, Financial Planning & Analysis (FP&A) Role at Financeit
What are the responsibilities of a Manager, Financial Planning & Analysis at Financeit?

The Manager, Financial Planning & Analysis (FP&A) at Financeit is responsible for crafting corporate planning and forecasting models, supporting budget processes, analyzing P&L performance, and offering financial counsel to aid decision-making. This role is integral in providing insights to drive P&L alignment across various functions.

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What qualifications do I need for the Manager, Financial Planning & Analysis position at Financeit?

Candidates for the Manager, Financial Planning & Analysis role at Financeit typically require over 4 years of experience in financial analysis, preferably within financial services. A professional designation such as CFA, CPA, or an MBA is considered a strong asset. Moreover, superior Excel skills and experience with accounting systems are crucial for success.

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How does the Manager, Financial Planning & Analysis contribute to the strategic planning process at Financeit?

In the Manager, Financial Planning & Analysis position at Financeit, you will play a pivotal role in supporting strategic planning efforts through accurate financial modeling, helping shape the budgeting process, and analyzing variances in P&L performance, ultimately guiding strategic business initiatives.

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What is the company culture like at Financeit for the Manager, Financial Planning & Analysis role?

At Financeit, the culture is award-winning and emphasizes inclusivity and collaboration. As a Manager in FP&A, you'll be part of a diverse team that values open communication, creativity, and personal impact, making it an ideal environment for continuous learning and development.

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What can I expect in terms of career development as a Manager, Financial Planning & Analysis at Financeit?

As a Manager, Financial Planning & Analysis at Financeit, you can expect ample opportunities for career growth through learning and development programs. The company values your initiative and encourages you to take on new challenges that will enhance your skills and advance your career.

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Common Interview Questions for Manager, Financial Planning & Analysis (FP&A)
What financial modeling techniques do you utilize as a Manager, Financial Planning & Analysis?

When answering this question, it’s important to highlight your experience with various financial modeling techniques, such as forecasting, variance analysis, and scenario modeling. Share specific examples from your past that demonstrate your expertise and how it contributed to informed decision-making.

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How do you approach variance analysis in a previous FP&A role?

In your response, demonstrate your analytical skills by explaining your systematic approach to variance analysis. Discuss how you identify discrepancies between budgeted and actual performance, the tools you use, and how you communicate findings to stakeholders.

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Can you describe a challenging financial analysis project you managed and the outcome?

Use the STAR method (Situation, Task, Action, Result) to illustrate a challenging project. Highlight your role, the analytical techniques you used, the obstacles you faced, and how your contributions led to a successful outcome.

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How do you ensure accuracy in your financial reports?

Discuss specific processes or checks you implement to ensure accuracy in your financial reports. Mention collaboration with other teams, regular review cycles, and any software or tools that help facilitate accuracy.

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What tools and software have you used for financial planning and analysis?

Refer to software like Excel, financial modeling tools, or advanced analytics platforms you have experience with. Explain how you use these tools effectively, emphasizing your proficiency in Excel for complex modeling, analysis, and reporting.

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How do you communicate financial insights to non-financial stakeholders?

Explain your approach when presenting financial information to non-financial audiences. Mention techniques such as simplifying data, using visuals, and focusing on key insights that align with stakeholders' strategic priorities.

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What is your experience with budgeting processes and how have you improved them?

Provide examples of budgeting processes you've worked on. Highlight your initiatives to drive better alignment and accountability across functions and how these improvements positively impacted the organization.

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How do you handle tight deadlines in financial reporting?

Articulate strategies you’ve employed to manage tight deadlines effectively, such as prioritizing workload, leveraging team resources, and using technology for efficiency. Share a specific example of a high-pressure situation.

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What techniques do you use for forecasting financial performance?

Discuss forecasting methods you have applied, such as trend analysis, regression models, or market research. Share how these techniques help improve accuracy and inform business strategy.

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Describe your experience in supporting M&A or corporate activities.

Share your relevant experiences with M&A by discussing the analytical projects you undertook, such as due diligence or financial modeling, and what you learned from supporting these strategic corporate activities.

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Founded in 2011, FinanceIt is a market leading point-of-sale financing provider servicing the home improvement, recreational vehicle and retail industries. FinanceIt is located in Toronto, Canada.

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Full-time, hybrid
DATE POSTED
January 4, 2025

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