Central 1 is the partner of choice for financial, digital banking and payment products and services – fueling the success of businesses across Canada. With $16.9 billion in assets, we leverage our scale, strength and expertise to power progress for more than 225 credit unions and other financial institutions, enhancing the financial well-being of more than five million customers from coast to coast. For more information, visit Central1.com.

Because of COVID19, all Central1 offices are currently closed to non-essential employees. This role will see you working remotely until our offices are reopened. The timeline to reopen is still under consideration, as are our future remote working policies.

The Financial Planning & Analysis (FP&A) group will be responsible for creating the annual budget and quarterly forecasts, managing cash flow models, project analysis, and monitoring other key financial performance indicators. 

The FP&A group will collaborate with business lines within Central 1 to provide senior management and executives with the analysis and information they need to make major operational, financial, and strategic decisions.

This role is open to candidates in which our offices are located. 

What you'll do:

• Develop and maintain a sound understanding of Central 1’s product offerings and business lines and their respective financial levers
• Assist and review all core FP&A functions including but not limited to annual budgeting, forecasting, and project analysis
• Oversee the maintenance of financial dashboards to provide key financial insights to enable the lines of business and management to make informed decisions
• Oversee and assist in the development of key performance financial indicators and analytics for business lines, products and members
• Review sensitivity analysis to enable management to understand the range of potential outcomes of actions
• Review the appropriate financial models to evaluate and provide recommendations to business development and enhancement opportunities
• Build strategic relationships with key business stakeholders and establish Finance as a valued business partner
• Assist in developing a team with the necessary modelling, quantitative, and analytics capabilities to be recognized as the experts in the field within Central 1
• Serve as a partner to business lines looking to gain deep insight into financial data that influences strategic decision-making and company performance through relevant financial analysis
• Support and drive automation of core FP&A processes; contribute towards efficiencies by identifying opportunities for improving data, systems and processes/procedures
• Ensure results are professionally and clearly communicated, highlighting key assumptions and potential risks to drive and support business decisions
• Stay abreast of developments in analytical tools, techniques and industry standards/best practice

Who you are:

• A university degree and a professional accounting designation (CPA) or finance designation (CFA), together with at least 5-8 years of related progressive experience in financial planning & analysis
• In-depth working knowledge of core financial systems and understanding of process automation capabilities
• Strong analytical, problem solving, organizational and time management skills
• Exceptional written and oral communication skills and story telling
• Ability to act as a business partner to internal and external stakeholders
• Display an agile mindset to accommodate a dynamic environment
• Wide experience with financial modelling, analytics, and data visualization methodologies and tools

Leadership skills

• Experience and passion for leadership including the development of talent and high performing teams through mentoring, feedback, and providing professional growth opportunities
• Leadership presence and ability to build credibility at all levels within Finance
• Collaboration skills with a proven track record of driving change through team and trust building
• Effective consensus building, conflict resolution, and team-building skills, including being a role model for others and imparting knowledge and experience to junior team members
• Leadership skills to drive change throughout the FP&A group by leading and managing teams to successfully improve core group operations and increasing the value Finance contributes to the organization

As much as we believe in working hard, we also believe in personal growth and taking time for ourselves. Accordingly, our total rewards philosophy amounts to one of the best compensation and benefits packages in the industry – from performance-based incentives and extended benefits, to training and education reimbursements and ample vacation time.

Central 1 is committed to building a diverse and inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We are welcoming of all applicants and we will provide an accessible candidate experience.

Reporting to: Manager, Financial Planning & Analysis
Grade: F
Date Posted: May 13, 2021
Internal Applicants must apply by: May 20, 2021