Director, Finance

Director, Finance
MCAP at a Glance
Joining MCAP means you will be a part of our diverse workforce of highly talented individuals who are recognized for their expertise and success! At MCAP, your professional expertise, commitment to teamwork and passion for service excellence are recognized and rewarded with competitive total rewards offering, a career with continuous learning and development (formal & informal training), and exciting opportunities in a dynamic, entrepreneurial environment.

The Role
This position will be responsible for working closely with Finance and leadership teams to provide financial reporting and analytics as it relates to monthly financial results, quarterly financial statements and MD&A, strategic projects, budgeting, and various ad-hoc materials for the management and the board.

Strategic Planning & Analysis

Assist the Sr. Director in developing a long-term vision and strategy by providing relevant and requested analyses, developing processes and/or models.

Assist in the development of Key Performance Indicators to be monitored by management.

Assist in developing strategically relevant financial plan and forecast processes for the line of business that will identify the needs of the business and opportunities that will result in meeting or exceeding targets.

Provide financial input to the development of business strategies and in the review of performance.

Oversee the assessment, and evaluation of all proposed new projects to optimize the delivery of target outcomes for the right level of investment.

Oversee the financial modeling for strategic projects which accords with best practice and identifies risks, issues and assumptions which enables the senior management team to make and implement effective decisions and mitigation strategies.

Financial Reporting

Responsible for producing the monthly enterprise-wide financial results, incl. analytics, commentary and ad-hoc analysis as required.

Responsible for accuracy of data extraction and interpretation of data from various information sources and systems

Perform analysis and generate insights of financial statements line items, business units and specific areas of focus

Responsible to review and approve high risk journal entries and B/S reconciliations

Coach the team and enhance underlying reporting processes to improve the financial reporting speed and quality of the data and insights.

Prepare and/or review quarterly consolidated Financial Statements and MD&A, incl. underlying working papers as required;
Review legal entity stand-alone annual Financial statements

Ensure accurate and timely submission of routine and ad-hoc financial information to regulatory bodies and other stakeholders such as STATSCAN, Broker Reporting, DBRS, etc.

Management Reporting

Own segmented reporting and business-level P&L, for both management purposes and preparing for additional disclosure to segments externally.

Ensure financial management reporting and processes are in place to support the ongoing and future needs of the line of business.

Develop and enhance the monthly business unit reporting and analysis, including key metrics reports, conduct ad-hoc financial analysis as required.

Budgeting

Participate in the annual budgeting and planning process; administer and review financial plans and budgets, laisse with businesses partners and stakeholder across the organization to develop adequate assumptions; monitor progress and changes and keep senior leadership team abreast of the line of business’s financial status.

Provide ongoing financial modeling and analysis expertise to business partners.

Conduct the financial modeling and analysis to support the development of long-term strategic initiatives and business plans.

Enhance Financial Analysis and Other

Work closely with the Senior Director to define, scope and implement enhancements to working practices, processes, Financial Models, Financial Analysis and Reporting.

Identify and implement opportunities to improve the accuracy, validation, and organization of financial analysis, while streamlining processes and reporting to reduce redundancy, automate tasks, and minimize manual effort, time and risk of error.

Structure key processes and develop relevant background documentation with a view to enhance efficiencies and manage risk.

Effectively prepares detailed analysis and memos on accounting treatment of transactions.

Lead and Manage Staff

Foster a positive and productive work environment, encouraging open communication and collaboration among team members;
Resolve conflicts that may arise, addressing issues promptly and fairly

Demonstrate strong performance management skills, effectively setting and communicating expectations, identifying development opportunities, and coaching team members to achieve their full potential.

Establish, monitor and communicate performance standards to direct reports reinforcing individual results, work quality, continuous improvement, teamwork and achievement of MCAP’s objectives.

Ensure that…