Manager, Financial Planning

This position can be fully remote or hybrid near Mitacs offices in Montreal, Toronto, Vancouver or Ottawa

Do you want to be part of our innovative and entrepreneurial team?

Mitacs is a national not-for-profit that helps industry and non-profit partners solve strategic challenges by leveraging Canada’s world-class post-secondary talent and a global network of industry, academic, and government partnerships. Through these collaborations, Mitacs helps business and community partners succeed, improves students’ on-the-job skills development, and strengthens Canada’s world-class innovation ecosystem. At Mitacs, we strive to develop the next generation of innovators with vital research and business skills. In partnership with domestic and international companies, governments, and academia, we support a new economy using Canada’s most valuable resource – its people.

To get a better understanding of Mitacs and read the complete job description, please visit our website*:* https://www.mitacs.ca/careers/

Manager, Financial Planning

*(*1 year contract)

KEY RESPONSIBILITIES:

Leadership

• Development of goals, objectives, and internal service standards for Financial planning.

• Implementation and management of goals, objectives, and internal service standards.

• Demonstrate and support a strong team and collaborative culture.

• Manage and mentor your team and colleagues where appropriate to support development.

• Work with VP of Finance to provide advice and guidance to support informed management decisions to support financial and corporate performance.

• Exceptional project management skills and application of skills.

Financial Planning and Analysis: 

• Oversee the development of the annual budget (two iterations annually).

• Accountability for the long-term financial planning process of development of 5-year financial models including capital projects planning.

• Lead the forecasting process on a monthly basis to adjust the budget based on the actual performance of the company and proactively identify opportunities for improvement.

• Lead the improvement of the net assets strategy, identify and implement best practices, and ensure multiyear financial stability.

• Implement enhancements to forecasting workflow, and facilitate increased organization engagement to better align with best practices.

• Own and proactively improve financial models to enhance and streamline existing processes to compile, analyze and report on monthly financial results.

• Lead the creation and implementation of financial model governance framework including the establishment of formalized procedures which adhere to best practices.

• Operationalize financial contract management from a budgeting and analysis perspective.

• Present to senior leadership and organization at large financial planning information and financial performance out comes.

• Supports the VP with Board and committee material development.

Business Partnering:

• Collaborate with department heads and senior leadership to align financial plans with organizational objectives.

• Identify financial risk and leverage corporate risk framework to quantify risks, communicate to leadership and provide recommendations.

• Serve as a liaison between finance and operational leaders to ensure effective resource allocation and utilization.

• Identification and recommendation on operational cost management, revenue optimization and investment.

• Develop and implement a program to engage operational leadership on financial management.

• Foster transparency and accountability in financial reporting and decision-making processes.

TRAINING:

• CPA and/or CFA designation or equivalent recognized accounting designation in progress or completed
• Bachelor’s degree in business (accounting or finance) or related area

EXPERIENCE:

• 3+ years of progressive financial planning experience

• 7+ years relevant experience working in full cycle accounting

• Have excellent analysis skills and a detailed understanding of the tools which can support this

• Has proven reporting and presentation skills inclusive of senior management and board level

• Experience with Microsoft Dynamics Finance & Operations considered an asset

ESSENTIAL SKILLS:

• Self-motivated with the ability to motivate others

• Strong communication skills – both written and oral – with all levels of stakeholders

• Ability to think conceptually, conduct research, analyze, and solve complex issues, exercise sound judgment and make effective recommendations

• Excellent organizational skills and the ability to prioritize, multi-task and meet deadlines in a fast-paced, rapidly changing, and dynamic work environment

• Attention to detail and accuracy are essential

• High level of business acumen and strong analytical and decision-making skills

• Ability to make recommendations and communicate with senior management

• Ability to build and maintain strong cross-functional working relationships

• Solid knowledge of current accounting practices and technologies

• Maintain accuracy and confidentiality in managing operational and financial information

Hiring Range: $95,200 - $113,050

Hiring and Salary Range Transparency 

Typically, employees are hired, transferred, or promoted within the salary range, specifically between the minimum and midpoint in the hiring range.

The salary range refers to the range of base salaries for a given position, encompassing the minimum and maximum amounts. The midpoint of the range is positioned approximately halfway between the minimum and maximum, indicating a fully qualified employee with comprehensive job knowledge and experience for the role.

Only in rare and exceptional circumstances, where a candidate has the experience, skills, and expertise that far exceed those required for the position, would we consider paying above the hiring range for this role.

Equity, diversity, and inclusion (EDI) and decolonization are core values at Mitacs: Equity, Diversity, and Inclusion - Mitacs. We believe a diverse workforce comprised of individuals with different ideas, strengths, interests, and backgrounds (e.g., gender identities and expressions, Indigeneity, race, abilities, sexual orientation, and other identities) are crucial to our success. We welcome everyone to apply and encourage you to connect with us if you require accommodations during the recruitment process.