Director, Financial Planning & Analysis

Job description

### About Allied Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity, connectivity and human wellness. Our vision is more expansive. We seek to make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us. This vision informs how we operate, how we design and how we lead. Real estate, for us, is not a passive investment. It is a profoundly human endeavour, one that must promote wellness, sustainability, diversity and creativity—today and for generations to come. Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful, tangible and enduring—work that contributes meaningfully to cities and the people who inhabit them—you will find purpose here. *For more information on Allied’s approach to city-building, visit our [Insights](https://alliedreit.com/company/insight/) page.* ### Purpose **Lead Allied’s financial planning, forecasting, performance analysis and management reporting activities.** As Director, Financial Planning & Analysis (FP&A), you will lead budgeting and forecasting processes, develop long-term financial plans and provide analysis of financial and operating performance across Allied’s portfolio and corporate functions. You will work closely with Property Accounting, Corporate Accounting, Investments, Leasing, Operations and other business functions to translate financial and operational information into meaningful insights, identify emerging risks and opportunities and support informed decision-making. As a key member of the Finance leadership team, you will serve as a strategic business partner to senior leaders and help strengthen financial planning, analytical capabilities and financial discipline across the organization. This role is well suited to a collaborative and forward-looking finance leader with strong financial modelling and analytical capabilities and a commitment to developing people and building high-performing teams. ### Responsibilities **Financial Planning, Budgeting and Forecasting** - Lead budgeting and forecasting processes across the organization, establishing timelines, assumptions and requirements in partnership with key stakeholders. - Develop and own consolidated financial forecasts and multi-year financial plans. - Establish and track key performance indicators related to occupancy, leasing, operating performance, capital expenditures, financing and other business drivers. - Develop scenario and sensitivity analyses to assess the financial implications of changing business and market conditions. - Continuously enhance planning and forecasting processes to improve accuracy, efficiency and business insight. **Performance Analysis and Management Reporting** - Lead the preparation of monthly and quarterly management reporting for senior leadership. - Analyze actual financial performance relative to budget, forecast and prior periods, identifying key drivers of variances. - Analyze key performance indicators, including funds from operations (FFO), adjusted funds from operations (AFFO) and related financial and operating metrics. - Identify emerging trends, risks and opportunities and communicate their potential financial impact to senior leadership. - Develop and maintain dashboards, scorecards and other reporting tools that provide clear visibility into organizational performance. - Lead the development of financial and performance reporting for the Board of Trustees and its committees. **Long-Term Financial Planning and Strategic Analysis** - Lead the development and maintenance of Allied’s long-term financial model. - Assess the impact of changes in occupancy, leasing activity, rental rates, interest rates, capital expenditures, development activity and other key business assumptions. - Model the financial implications of potential acquisitions, dispositions, developments and other strategic initiatives in partnership with Investments and other business functions. - Evaluate alternative financial scenarios and provide recommendations to support strategic planning and capital allocation decisions. - Provide financial analysis and recommendations to the Chief Financial Officer and senior leadership to support business and strategic decisions. - Assess the impact of business plans and strategic initiatives on liquidity, leverage, FFO, AFFO and other key financial measures. **Capital Planning** - Coordinate Allied’s annual and long-term capital planning processes. - Consolidate forecasts for property capital expenditures, leasing capital, tenant improvements and development expenditures. - Monitor capital spending against approved plans and identify material variances, risks and emerging requirements. - Integrate capital plans into corporate forecasts and long-term financial models. - Provide analysis of the impact of capital investments on financial performance, liquidity and key REIT metrics. **FP&A Systems, Data and Continuous Improvement** - Lead the development and enhancement of financial planning, forecasting and management reporting tools and processes. - Identify opportunities to automate and streamline financial planning and reporting activities. - Establish consistent financial models, reporting methodologies and performance measures across the organization. - Promote effective use of financial and operational data to improve business insight and decision-making. - Partner with Corporate Accounting and technology teams to support the effective integration of financial systems, data and reporting tools. - Champion continuous improvement and best practices across the FP&A function. **Leadership and Team Development** - Lead, mentor and develop the FP&A team, fostering strong analytical, financial and business-partnering capabilities. - Establish clear priorities and expectations and promote a high standard of quality, accountability and collaboration. - Build strong relationships across Finance and the broader organization. - Develop organizational capability through coaching, knowledge sharing and succession planning. - Foster a culture of curiosity, continuous improvement and informed decision-making. ### Qualifications - CPA designation or another relevant professional designation is preferred. - 7+ years of progressive experience in financial planning and analysis, corporate finance, accounting or a related field, including experience leading teams and complex planning processes. - Experience within commercial real estate, a REIT or another capital-intensive industry is strongly preferred. - Strong understanding of financial statements, financial modelling, budgeting and forecasting. - Strong understanding of REIT financial and operating metrics, including NOI, FFO and AFFO. - Experience preparing financial analysis and reporting for senior executives and Boards. - Demonstrated experience improving financial planning, reporting and analytical processes. - Exceptional financial modelling, analytical and problem-solving capabilities. - Strong business and financial acumen with the ability to understand the operational drivers of financial performance. - Ability to synthesize complex financial and operational information and communicate clear insights and recommendations. - Strong interpersonal and business-partnering skills, with the ability to build credibility and influence across functions and levels of the organization. - Excellent written and verbal communication and presentation skills. - Strong organizational and project management capabilities, with the ability to manage multiple priorities and deadlines. - Demonstrated ability to challenge assumptions constructively and exercise sound judgment. - Advanced proficiency with financial planning, reporting and analytical tools. - Strong leadership capabilities with a demonstrated commitment to developing people and building high-performing teams. - Experience analyzing property or portfolio-level financial performance is considered an asset.