Undergraduate degree; CPA or CFA designation is a plus
2-3 years of FP&A experience within business units
Excellent communication skills with operational leadership
Strong interpersonal and collaboration abilities
Deadline-oriented, with capacity to manage workload peaks
Experience in cost savings analysis and financial decision-making
Proficiency in Microsoft Excel and MS Office Suite, SQL, or VBA is desirable
Familiarity with maintenance planning systems and FP&A reporting tools is advantageous
Responsibilities
Collaborate with Technical Operations management on forecasting and analysis
Provide financial modeling to support operational decisions
Enhance KPI reporting tools for efficiency and insight
Manage vendor negotiations and review contracts
Forecast failure rates for major components with the Reliability Department
Assist in long-range maintenance planning for assets
Lead finance efforts on growth-related projects
Monitor financial and operational controls within operations group
Coordinate with accounting on monthly technical operations activities
Analyze monthly variances and collaborate with teams to resolve issues
Become a Prophix FP&A subject-matter expert
Initiate continuous improvement of processes
Benefits
Hybrid work model with a downtown office location
Supportive team environment fostering collaboration
Opportunities for professional development and training
Involvement in safety management initiatives
Access to advanced financial planning software and tools
Engagement in strategic operational discussions and projects
Full Job Description
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
About Porter Airlines
Porter Airlines is a regional airline headquartered at Billy Bishop Toronto City Airport in Toronto, Ontario, Canada. The airline operates scheduled flights to destinations in Canada and the United States. Porter Airlines was founded in 2006 and began operations in 2006. The airline has a fleet of 29 aircraft and serves 19 destinations. Porter Airlines is known for its high level of customer service and its commitment to sustainability. The airline has won numerous awards for its service and has been recognized for its environmental initiatives.
