Senior Financial Analyst, Technical Operations

Porter Airlines Inc.•Toronto, ON

12d•Hybrid

About The Position

Porter Airlines is expanding its network and fleet, creating opportunities for team members. The Financial Planning & Analysis (FP&A) group is seeking a Senior Financial Analyst, Technical Operations (SFA) to provide financial and operational analytical support to Porter’s technical operations, including maintenance planning, purchasing, production, and quality assurance. This role will act as a business partner to senior management within Technical Operations, influencing business decisions through analysis and recommendations. The SFA will also contribute to strategy, operational tactics, expense and inventory management, CAPEX, and budgeting/forecasting initiatives.

Requirements

An undergraduate degree, a professional designation (CPA, CFA) considered an asset.
2-3 years of work experience in FP&A supporting business units or similar experience.
Must be an excellent communicator, with the ability to communicate financial results to operations leadership.
Must have excellent interpersonal and collaboration skills.
Deadline driven - Workloads tend to peak during the key deadlines of the annual budget and forecast processes.
Ability to work with cross-functional teams.
Must be able to rapidly adapt to change and deliver under minimal supervision.
Experience in operational and cost savings analysis, and the ability to make sound financial decisions, which may impact the company.
Proven ability to leverage internal relationships and drive change.
Advanced knowledge of Microsoft Excel and Microsoft suite of products.

Nice To Haves

Database (SQL), VBA, or other Programming knowledge is desirable.
AMOS (Maintenance Planning) and/or other Inventory Management System Experience will be an asset.
Knowledge of MS Dynamics (Great Plains), Prophix (or other FP&A reporting tools) and Tableau an asset.
Aviation industry experience is an asset.
A strong background in data management is an asset as there will be a significant effort to integrate big data analytics into financial modeling.

Responsibilities

Working directly with Technical Operations’ management and executives, jointly developing forecasting, reporting, analysis, and providing insight into a wide range of business and financial decisions.
Provides financial modeling and recommendations to support the Technical Operations in making financially sound business decisions.
Develops weekly, monthly reporting and enhances the existing KPI reporting and analytical tools to increase efficiency and uncover more insight into business operations.
Assist with vendor management through rate by the hour [RBTH] negotiations with large vendors, including a working knowledge of key supplier contracts.
Work with the Reliability Department to forecast future failure rates of major components.
Assist with long range maintenance planning for fleet, rotables and spare parts.
Act as the finance lead for all growth related projects.
Create, maintain and monitors financial and operational controls within the operations group.
Work with the accounting team on overall technical operations activities on a monthly basis including reviewing monthly accruals for expenses, inventory and capital expenditure and explaining budget variances to actuals.
Initiates analysis of monthly variances, and works directly with operational management, executives, and the accounting team to identify and resolve variances to plan on all costs [capital, inventory and expenses].
Become a subject matter expert on Prophix FP&A planning software for Technical Operations.
Focus on continuous improvements of current processes and procedures and provide recommendations for enhancements.
Actively participate in Porter’s Safety Management System (SMS) including, reporting hazards and incidents encountered in daily operations; understand, comply and promote the Company Safety Policy.
Other duties supporting FP&A team as assigned.