Director, Corporate FP&A

Job description

Venture outside the ordinary - TMX Careers The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team. Ready to be part of the action? Working in Finance as part of the central planning & analysis team, this role leads the corporate FP&A team that runs enterprise planning, while also playing a key role in supporting finance business partnering (FBP) teams. In your leadership role, you empower financially sound planning and decision making throughout the organization. You do this by spreading financial acumen; telling compelling, data-driven stories to spur action; bridging the knowledge gap between finance and operations; and assisting in the creation of financial planning and analysis’s (FP&A’s) decision support tools. You will simplify FP&A analysis into easily digestible business logic and take a more technology-guided and teaching-focused approach to business partnering, enabling decision makers to make sound financial decisions more independently. The CEO and CFO will rely on you as a sought-after thought-partner for strategic decisions and for insights that help achieve performance targets and outcomes. This role has two direct reports and a total team size of 4-5. 1) Enterprise planning Ownership of forecasting and annual business planning across TMX Group, including coordination of timelines and assumption alignment across BUs, multi-stage review with senior leadership, and creation of final presentation to the board of directors Ownership of Adaptive Planning (Workday planning tool) Lead corporate target setting process that results in optimal investment allocation while setting achievable and stretch performance targets to incentivize optimal behaviours and performance Ownership of the long-term strategic forecast model used in annual strategic planning process and longer-term modeling Conduct specific business analysis on core enterprise performance drivers (e.g., headcount, profitability) 2) Corporate performance reporting With a focus on forward-looking actionable insights, accountable for corporate performance reporting to senior management and the Board of Directors, including content creation and selection, key messages and insights Lead presentations of results to Operating Committee Accountable for operating segment reporting in external financial statements and MD&A Partner closely with the Investor Relations function to synthesize monthly performance data into quarterly earnings scripts, Q&A prep materials, analyst consensus models, and investor presentation metrics Prepare various supplementary schedules, analyze and proof the quarterly and annual MD&A, press releases, Investor Relation’s presentations, communications with shareholders and analysts Partner closely with other finance leaders and teams to ensure data capture and GL reporting structures improve and optimize straight-through-processing Ownership of providing the actual measurement of incentive plans and associated liabilities across TMX; contribute to the design of incentive plans with HR 3) Enterprise portfolio governance Oversee and recommend processes for annual and in-year allocations of discretionary investment in a manner that balances governance, process transparency, and business outcomes in alignment with TMX’s growth strategy Facilitate transparency for material new initiatives (outside approved budgets) to aid CEO/CFO/SMT approval decisions Partner with PMO and Integration Management Office on overall project governance and tracking mechanics Co-owner of corresponding company-wide policies, including TMX Expenditure and Budget Authorization Policy 4) Cost Allocation (Shared Services) Model Ownership of the enterprise-wide cost allocation framework, spanning legal entities and operating segments Lead design and structure of model, including tools, principles, governance, regulatory compliance, and tax compliance Provide detailed transparency to senior management and BU FBPs of core drivers and outcomes, with specific focus on deepening understanding of value provided and where BUs can influence shared services costs Provide variance analysis (i.e., to budget or prior periods) that is easily understood by senior management; assist FBPs with their stakeholder interactions to improve confidence in model integrity Partner closely with team members to confirm data capture and GL reporting structures improve and optimize straight-through-processing Conduct specific business analysis on core enterprise cost drivers Enhance rigour and control framework of model updates and design Build model flexibility and adaptability for a frequently changing corporate structure (e.g., M&A) Collaborate with external auditors on quarterly reviews and annual audits Improve efficiency of model updates and monthly/quarterly journals; leverage automated tools where possible Build roadmap for next future generation of higher maturity model and framework 5) Other Goodwill impairment testing and valuation: Ownership of quarterly and annual goodwill impairment testing process, from linkage to strategic plans to providing key input into external disclosures Partner with Corporate Strategy and Strategic Finance teams on advancing enterprise analysis and insights generation Champion and participate in knowledge-sharing forums for FBPs and FP&A to exchange lessons learned on how to best educate decision makers in FP&A’s thought processes during decision support Assist in defining success criteria for FP&A tools and establishing measurable business and technical metrics to actively monitor utilization and quality Must have experience and skills: CPA designation 10-15+ years of progressive finance experience Strong organizational, analytical and conceptual skills, able to work at a high level and in detail Able to work effectively across organizational lines and promotes an effective team-based environment with employees and management at all levels of the organization Effective and positive management style supporting staff through example, coaching and development Strong technical skills, including spreadsheets (pivot tables, model building, model auditing) and knowledge of financial systems structure GenAI work augmentation Data visualization and data storytelling Strong financial analysis skills, ability to undertake research Results oriented and the ability to work under tight deadlines, and manage competing priorities Customer service orientation Leverage excellent verbal and written communication skills by tailoring messages according to audience Ability to effectively prioritize work and manage large volume of change in an ambiguous, complex environment Strong problem-solving and critical thinking skills Relationship builder and collaborator Excellent ability to influence with a collaborative nature and strong communication/interpersonal skills, both written and oral Strong team player and self-starter Nice-to-have experience and skills: Software / technology or capital markets CFA designation or MBA Workday Financials / Adaptive Planning / HCM Google Suite of Tools for Work (Sheets, Docs, Slides) This role is hybrid (3-5 days/week in the office) - based in Toronto, ON. Salary Range: $160,000/year -$180,000/year CAD Please note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience. In the market for… Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success. Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work. Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy. Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived! Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth. Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now. Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located. TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it .