Senior Analyst, Financial Planning and Analysis (12-month contract)

Why you’ll love working here:

• high-performance, people-focused culture

• our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves

• learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth

• membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security

• competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, parental leave top-up, and a health spending account).

• optional post-retirement health and dental benefits subsidized at 50%

• yoga classes, meditation workshops, nutritional consultations, and wellness seminars

• the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers

Job Summary

The Senior Analyst, Financial Planning & Analysis (FP&A) plays an integral role in the FP&A department, providing financial advisory to HOOPP’s divisions. This position leads budgeting and forecasting activities for the divisions they support, delivers insightful analysis and reporting, and provides advice on effective cost management strategies. The Senior Analyst possesses an in-depth understanding of planning processes and systems and leads initiatives to enhance and optimize them. They will also frequently provide support and advice in situations without precedent, requiring new approaches and processes to be established. By driving efficiencies and maintaining high standards in cost management, the Senior Analyst enhances the overall operational excellence of HOOPP’s FP&A department.   

What you will do:

Support and enhance the budgeting, forecasting, and month-end processes with responsibilities that include:

• Guide stakeholders through the planning process, ensuring all information is accurate and submitted on time.

• Provide insights and business intelligence to stakeholders through high-quality and fact-based financial and operational analyses to assist them in accurately projecting expenses.

• Train and assist divisional clients with entering their financial projections as they transition to our planning application.

• Understand the business need for each item included in the budget/forecast and gain a comprehensive understanding of all divisions’ costs to effectively craft the overall HOOPP cost story.

• Liaise with divisional clients to understand their critical business needs and the financial impact on HOOPP.

• Assess the validity and completeness of projected expenses through client engagement, analyzing trends, and reviewing statements of work.

• Work with the various divisions to ensure there is no cost duplication, provide guidance on where and how costs should be captured, and ensure no gaps exist.

• Lead the consolidation of budgets/forecasts, analyze headcount and cost deviations from plan, and prepare management reports for Divisional SVP approval.

• Work with the Senior Manager, FP&A to establish timelines and deliverables to ensure accurate financial information is available for board reporting milestones.

• Conduct analysis for Board reporting and prepare reports and support materials for Board presentations/meetings.

• Lead prioritization discussions with the IT support team for planning system maintenance, upgrades, and enhancements, as well as month-end processes.

• Support the Senior Manager, FP&A by overseeing the month-end process to ensure accurate and timely information is available to end users.

Bring business meaning to data by pulling information from databases, aggregating and synthesizing data using queries/ Excel/ other BI tools. Monitor performance indicators, highlight trends, and analyze causes of unexpected variances. Summarize the results in an effective and efficient manner for Divisional SVPs monthly.

Present management reports in visually compelling ways using graphs, dashboards, and business intelligence tools. Tailor presentation details according to the end user’s unique needs, ensuring key takeaways are clear and effectively support decision-making.

Serve as the subject matter expert in FP&A technology, guiding the team on best practices and usage of various financial tools. Carry out administrator functions, including updating system metadata and ensuring accurate data integration across systems.

Provide design improvement recommendations to our existing tools and databases. Mock-up new requirements and test functionality to ensure an optimal user experience.

Lead and contribute to special projects, including the implementation of new financial systems, processes, and tools to enhance the efficiency and accuracy of financial planning and analysis.

Work with business stakeholders to determine financial reporting needs. Collaborate with the Senior Manager, FP&A and the IT support team to leverage technology to meet these needs.

Facilitate re-organizations from a system, process, and financial perspective.

Prepare and present ad-hoc analyses to all stakeholders (including management) as requested related to actuals, budgets, and forecasts. Weigh the benefits of ad-hoc requests against the work effort involved and provide alternate high-level approaches to analysis without compromising the needs of stakeholders.

Ensure desktop procedures and training materials are comprehensive and up to date through regular review and updates.

Support the onboarding of new analysts, ensuring a smooth integration into the team.

What you bring:

• University degree with a focus in Finance or Accounting

• Completion of a professional accounting designation (e.g., CPA) or an MBA

• 3-5 years of financial planning and analysis experience

• An analytical mind-set with strong attention to detail is required; experience in data reporting, data management, and planning systems such as Oracle Hyperion is a strong asset.

• High proficiency in MS Office (Excel, Word, and PowerPoint) with the ability to analyze and present complex data clearly to enhance decision-making.

• Ability (and desire) to work in a high-performance culture, with an openness to constantly evolving and changing priorities, and new challenges.

• Results oriented with the ability to manage multiple priorities in a fast-paced environment

• Strong interpersonal and communication skills with a passion for delivering exceptional customer services to clients.

• Strong mathematical and problem-solving skills, with the ability to navigate and resolve ambiguous issues.

• Works well independently with minimal direction in the absence of existing process or precedent