Manager, Financial Planning and Analysis

IOs Finance, Technology, and Lending Enterprise Team ensures that IO is a financially efficient and effectively managed organization and that the agencys finances are monitored, reported, and managed appropriately.

Position Summary:

Reporting to the Director, Financial Planning and Analysis, the Manager, Financial Planning & Analysis (FP&A) will play a key role in our financial operations. This position will oversee critical aspects of business planning, forecasting, and financial analysis to support both short-term operational needs and long-term strategic decision-making.

The role has two primary areas of focus:

• Business Planning & Budgeting: Leading the annual business planning process, including the development of the consolidated corporate business plan for EMT, Board, and Ministry of Infrastructure (MOI) review. Managing the end-to-end budget process, incorporating business unit budgets and the consolidated organizational budget, while providing relevant analysis and insights.

• Forecasting & Financial Analysis: Managing the rolling forecast process, analyzing costs and revenue performance, and delivering comprehensive reporting. This includes deep-dive expense analysis, business volume metric reporting, and financial insights that enable business units to manage spending effectively.

This position requires a mindset of continuous improvement, strong leadership, and the ability to work collaboratively with internal and external stakeholders, including business units and the MOI.

What You Will Do:

• Leadership & Team Development: Lead and mentor a team of high-performing finance professionals.
• Annual Budgeting & Business Planning: Develop and operationalize the annual budgeting process, ensuring alignment with the strategic plan.
• Forecasting & Reporting: Oversee the end-to-end quarterly 6-quarter rolling forecast process, delivering meaningful insights into results and performance drivers. Update the multi-year financial plan accordingly.
• Process & System Enhancement: Enhance planning and forecasting tools, processes, and infrastructure, including the development of a resource planning tool.
• Collaboration & Stakeholder Engagement: Work closely with internal and external stakeholders, including MOI, to meet forecasting and reporting requirements.
• Technology & System Implementation: Serve as a key contributor in the selection, design, and implementation of a budgeting, forecasting, and management reporting tool.
• Regulatory & Compliance Reporting: Lead and oversee the development of the Program Review, Renewal, and Transformation (PRRT) budget submission and Public Accounts submission.
• Approval Processes Oversight: Manage the Procurement Contract Approval Request (PCAR) and Headcount (HC) approval process.

What Were Looking For:

• Many years of progressive experience in finance, including FP&A.
• University degree in Finance, Business, or Commerce preferred
• CPA designation required.
• Strong leadership experience with the ability to mentor, motivate, and develop a high-performing team.
• Prior experience managing complex organizational planning and financial processes including enterprise-level Budgeting & Forecasting
• Advanced technical skills: with proficiency in Excel and data management tools.
• Excellent written and verbal communication skills, with experience preparing executive and board-level presentations.
• Proven ability to build strong relationships and partnerships across all levels of an organization.

Whats in it for you:

• Commitment to creating a diverse, equitable, and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
• A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives and making the most of the benefits of working remotely and purpose-driven in-person collaboration opportunities.
• A defined contribution pension plan, where IO contributes the equivalent of 5% of a full-time employees annual salary, with an option for IO to match an additional 5% contribution made by the employee. IO also offers a Group Retirement Savings Plan and Group Tax Free Savings Account, designed to help IO colleagues plan and save for their future.
• A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
• A pregnancy and parental leave program that offers expecting, eligible employees a top-up to 95% of their annual base salary for 31 weeks, and a parental leave program offers eligible employees a top-up to 95% of their annual base salary for 15 weeks.
• Access to IOs Healthcare Spending Account to top up expenses not covered in the benefits package and Lifestyle Account that expands the eligibility of health and wellness options and includes coverage for gym memberships and fitness equipment, nutrition counselling, and financial planning.
• Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues well-being. IO will also cover the costs associated with up to two membership and license fees per year for eligible employees if directly related to the employees role.
• Access to a suite of virtual healthcare options to support non-urgent medical needs.
• A convenient, central location in downtown Toronto at 1 Dundas Street West that is easily accessible by public transit.

This posting will close March 18th 2025. Interviews will be conducted on a rolling basis until the position is filled. The hiring range for this position is $99,800-$149,700 with a corresponding job level of M2.

After reviewing the qualifications listed above, we want you to know that we understand you may not meet all the qualifications described, but still encourage you to apply, as you may have other relevant expertise and experience that you can bring to the role.

At Infrastructure Ontario, we strive to create a culture that encourages a diverse equitable and inclusive environment that fosters belonging. We believe that experience comes in many forms and through learning from each others differences and perspectives gives us strength. We are committed to enhancing our culture and encourage applications from all walks of life. Let us know if you require any accommodations for the selection process, by contacting the Talent Acquisition Team.

Candidates who are members of Indigenous, Black, racialized and 2SLGBTQ+ communities, persons with disabilities, and other equity deserving groups are encouraged to apply, and their lived experience will be taken into consideration as applicable to the posted position.

At Infrastructure Ontario, we use AI in our applicant tracking system to improve the efficiency and fairness of recruitment. Your application will be reviewed by both AI and our hiring team for a thorough evaluation. Please note that final hiring decisions are made solely by our experienced hiring team.

Other details

• Job Family IO-Management
• Pay Type Salary
• Min Hiring Rate $99,800.00
• Max Hiring Rate $149,700.00