Job Summary
The Financial Planning & Analysis (FP&A) group at Porter Airlines is tasked with providing actionable business insight that will boost financial performance. The Senior Financial Analyst, Technical Operations (SFA) position will play a significant role in budget/forecasting activities as well as providing financial and operational analytical assistance to Porter's technical operations, including maintenance planning, purchasing, production and quality assurance.
As a valued business partner, a high level of business acumen will be required as the SFA will work directly with the Technical Operations' senior management on analysis and recommendations that will actively influence business decisions. The SFA will also work closely with technical operations as an active contributor on strategy, operational tactics, expense and inventory management, CAPEX and budgeting/forecasting initiatives.
Duties & Responsibilities
- Working directly with Technical Operations' management and executives, jointly developing forecasting, reporting, analysis, and providing insight into a wide range of business and financial decisions
- Provides financial modeling and recommendations to support the Technical Operations in making financially sound business decisions.
- Develops weekly, monthly reporting and enhances the existing KPI reporting and analytical tools to increase efficiency and uncover more insight into business operations.
- Assist with vendor management through rate by the hour [RBTH] negotiations with large vendors, including a working knowledge of key supplier contracts
- Work with the Reliability Department to forecast future failure rates of major components
- Assist with long range maintenance planning for fleet, rotables and spare parts
- Act as the finance lead for all growth related projects
- Create, maintain and monitors financial and operational controls within the operations group
- Work with the accounting team on overall technical operations activities on a monthly basis including reviewing monthly accruals for expenses, inventory and capital expenditure and explaining budget variances to actuals
- Initiates analysis of monthly variances, and works directly with operational management, executives, and the accounting team to identify and resolve variances to plan on all costs [capital, inventory and expenses]
- Become a subject matter expert on Prophix FP&A planning software for Technical Operations
- Focus on continuous improvements of current processes and procedures and provide recommendations for enhancements
- 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
- Other duties supporting FP&A team as assigned
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.
Qualifications
- An undergraduate degree, a professional designation (CPA, CFA) considered an asset.
- 2-3 years of work experience in FP&A supporting business units or similar experience.
- Must be an excellent communicator, with the ability to communicate financial results to operations leadership
- 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
- 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 knowledge of Microsoft Excel and Microsoft suite of products
- Database (SQL), VBA, or other Programming knowledge is desirable.
- AMOS (Maintenance Planning) and/or other Inventory Management System Experience will be an asset
- Knowledge of MS Dynamics (Great Plains), Prophix (or other FP&A reporting tools) and Tableau an asset
- Aviation industry experience is an asset
- A strong background in data management is an asset as there will be a significant effort to integrate big data analytics into financial modeling.
Location
Toronto Downtown Office (250 Yonge Street) #LI-Hybrid
