Finance Business Advisor

Canadian Medical Protective Association • Ottawa, ON

1d • $102,600 - $137,300 • Hybrid

About The Position

The Finance department supports the CMPA’s mission and goals by safeguarding the Association’s assets through accurate and timely recording and stewardship of financial transactions. Financial Planning & Reporting is responsible for corporate financial reporting. The team substantiates funds spent against budgets, reviews financial data and transactions, provides support to departments across the organization, and prepares the annual budget for Council approval. The team prepares financial reports that deliver financial insights and analysis, facilitate decision-making, and drive business strategy.

The Finance Business Advisor provides integrated financial insights and strategies that support the unique objectives and operational requirements of the Association as well as specific designated client groups. The Finance Business Advisor bases these strategies and insights on analysis of operational business performance, environmental trends, and industry dynamics. As a member of a collaborative team, the Finance Business Advisor also contributes to the financial planning and analysis that supports decision making at the Association. The incumbent will investigate emerging issues and trends to identify the financial drivers of the Association.

The Finance Business Advisor is responsible for fostering partnerships with the senior management team through the provision of professional and proactive financial and budgeting advice and guidance. The incumbent will work in close partnership with various teams both within the Association and externally to ensure delivery of professional financial analysis, reporting, support, and strategic recommendations.

Requirements

• Bachelor’s Degree required, preferably with a concentration in Business, Finance, or Accounting
• Accounting designation is required
• Minimum of 7 years of relevant experience partnering with the business, providing value-added financial analysis and proactive advice to management to improve business performance
• Advanced skills in Microsoft Excel required
• Extensive knowledge of enterprise financial applications, including system administration functions
• Experience working with senior management, staff, and a variety of stakeholders
• Business acumen and the ability to think broadly across the organization
• Ability to listen, interpret, negotiate, and challenge
• Ability to influence outcomes and provide guidance to business decisions
• Client relationship skills; ability to work with clients to identify needs and to investigate solutions
• Analytical, conceptual, and strategic thinking skills
• Problem solving and decision-making skills
• Strong verbal and written communication skills (in English), including written, verbal, and presentation skills
• Ability to work independently and within a team environment
• Ability to meet tight deadlines and perform well under pressure of competing deadlines
• Ability to exercise judgement and make decisions while working with minimal supervision

Nice To Haves

• Experience with Workday and Adaptive Planning a strong asset
• Experience with Power BI and reporting tools an asset

Responsibilities

• Partners with business leaders across the organization to establish annual budget and quarterly forecasts for departmental costs including salary and headcount
• Prepares various comprehensive financial and headcount reports and dashboards for management and Council to support decision making and operational planning
• Provides strategic advice for all budgeting, financial planning, and analysis processes to support the unique financial circumstances and the specific goals of both designated client groups and the Association as a whole
• Provides analysis and delivers insights that link financial analysis and reporting to business performance
• Provides financial information, tools, analysis and insights to client leaders and senior management, challenges their thinking, influences change, and assists them to make informed decisions that help drive business strategy
• Improves financial reporting to enhance the understanding of business performance
• Builds partnerships and maintains strong relationships with senior management
• Advises Manager of emerging trends, potential risks, and provides forward-looking solutions
• Working with both internal and external stakeholders, analyzes financial results, investigates unusual variances, and determines root cause considering both financial and non-financial elements and provides recommendations

Benefits

• The CMPA is an equal opportunity employer and is committed to being responsive to those living with disabilities and strives to prevent and remove barriers to accessibility. The CMPA will provide support and accommodation in its recruitment processes to applicants living with disabilities. If you are invited to participate in an interview and/or skills assessment and have accommodation needs, please let us know.
• Equity, diversity, and inclusion (EDI) is a key priority, and we actively strive to build a culture of inclusion where employees can be their authentic selves and are valued for their diverse experiences and perspectives.
• We welcome and encourage candidates from diverse backgrounds and a variety of lived experiences to apply.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level