Reporting to the Director of FP&A, the Manager of FP&A will play a critical role in establishing the company’s short and long-term corporate objectives, with a particular focus on developing the annual planning and quarterly forecasting processes, evaluating business performance, providing meaningful insights, identifying and remediating risks, and working collaboratively with business partners to ultimately drive growth and business profitability.
Key Responsibilities:
· Manage the company's strategic annual and long-range financial planning process, with focus on developing standard costs for bulk inputs and finished good products, formulating and analyzing product margins, in addition to supporting on all other aspects of the P&L and related cash flows
· Manage the quarterly financial forecasting process, highlighting and analyzing key strategic changes, risks and opportunities
· Manage the monthly reporting process by analyzing financial results with focus on product profitability, production performance and related spend variances, collaborating with business units to gather intel and provide actionable insights for the leadership team
· Collaboration with the Commercial, Operations and Innovation teams to formulate and benchmark product margins for price adjustments, new product launches and rationalization of the existing product portfolio
· Support in the preparation of financial models and/or analyses for external audit requirements, M&A, financing requirements, business cases for major capital expenditures and/or other ad hoc strategic business initiatives
· Support in the preparation of key deliverables to senior management and the Board of Directors including business plans, financial outlooks, business performance, risks and mitigation plans, consumer/market intelligence and other meaningful insights
· Identify process enhancements and support on all process change initiatives to improve measurability of business performance and drive further efficiencies via implementation of enterprise planning, data management and reporting solutions, with focus on product costing, production efficiencies and related product margins
· Conduct meetings and presentations internally with all business units
· Perform additional responsibilities, as required
Qualifications:
· Undergraduate degree in Accounting or Finance
· Professional accounting designation (CPA), with strong knowledge of IFRS
· 8+ years of progressive accounting, finance and FP&A experience, with latest 4+ years in FP&A preparing budgets, forecasts, analyzing and reporting on business performance
· Industry experience in consumer-packaged goods and/or manufacturing (Cannabis sector is an asset), with a strong understanding of inventory costing and measuring production performance
· Proficient with use of ERPs (Microsoft D365 is an asset), enterprise planning and reporting tools, Microsoft Excel, PowerPoint and data management solutions including Power BI
· Excellent verbal and written communication skills, with the ability to synthesize large quantities of complex data into clear and actionable insights for various stakeholders
· Proven analytical and creative problem-solving skills, with strong financial modeling experience
· Proven ability to drive change through continuous process improvement, ability to work collaboratively with diverse cross-functional teams, ability to work on multiple projects with competing deadlines