Financial Planning & Analysis Manager

About the role

Under the direction of the Senior Finance & Business Operations Manager, the Finance Manager will lead the Financial Planning and Analysis (FP&A) team within the Finance & Business Operations organization. This role will be crucial in driving the business' financial planning and strategic decisions. The ideal candidate will bring a strong background in financial analysis, forecasting, revenue recognition, system improvement and talent development.

As the FP&A Manager, you will collaborate closely with senior leaders and the various functions to provide key insights and support strategic decision making. You will be responsible for developing and maintaining detailed financial models, conducting financial and non-financial analysis, reporting monthly financial figures and KPIs, negotiating billing rates with Canada, supporting both internal and external audits, ensuring the proper revenue recognition methodologies are being used in accordance with corporate policy and industry standards, supporting the development, test and implementation of system change and improvements, as well as other ad hoc reporting as needed.

Key Responsibilities:

• Assist with the month end close process, reporting financial and KPI figures
• Lead the annual budget development, administration and tracking process
• Lead the yearly long range planning process setting the key financial targets for upcoming years
• Lead the monthly rolling forecast process ensuring the latest business intelligence is incorporated and any risks and opportunities are tracked
• Monitor short and long term cash flow
• Negotiate billing rates with PSPC
• Liase with both external and internal auditors
• Provide subject matter expertise on revenue recognition
• Performance monitoring and variance analysis
• Process improvement and change management
• Implementation of new SAP functionality

What you bring to the role

• Bachelor's degree in Finance, Accounting, Economics or a related field
• At least 10 years of experience in financial planning and analysis
• Proficiency in financial modeling, Excel, Access, and financial reporting tools (e.g. Power Query, Power BI, Tableau, etc.)
• Strong knowledge of revenue recognition principles and financial reporting standards
• Exceptional analytical skills, with the ability to interpret complex data and make strategic recommendations
• Excellent communication skills with the ability to present financial data to both financial and non-financial stakeholders
• Collaborative mindset and experience working with cross-functional teams
• Talent development and leadership experience
• Detail-oriented with excellent organizational and time management skills

Additional skills desired for the role

• CPA designation considered an asset
• Experience with SAP and it's various modules considered an asset

What we offer you

We walk our talk when it comes to work/life balance! Your physical, mental and financial wellbeing matters to us. On top of working in a highly supportive, friendly, respectful environment, this is what you can expect when you join our team as a Regular Full-Time employee:

• Flexible, compressed work schedules, depending on business requirements, where you have the option of Fridays off, as well as the possibility to work remote part-time
• Competitive compensation
• Time to recharge with vacation, personal days, holidays, and parental leaves
• Comprehensive Family Medical, Dental and Vision coverage available on your first day of employment, along with:
  • Virtual Health Care (24/7 access to medical professionals)
  • A Wellness Spending Account to aid in your wellness journey
  • Employee & Family Assistance Program (EFAP) which includes free face to face counselling sessions
  • Medical Travel Insurance
  • Onsite fitness facilities at our main office locations
• A Registered Retirement Savings Plan that includes matching company contributions on your first day of employment, that also includes access to Financial Advisors providing investment advice and comprehensive financial planning
• Employee discounts to save on goods, services and various recreational activities
• Access to a robust spectrum of development resources to enhance your skills and/or advance your career including:
  • Free learning resources through a modern and engaging platform
  • Education Assistance Program
  • Reimbursement for a professional membership
  • Self-directed Mentoring

About us

Lockheed Martin Canada is the Canadian-based arm of Lockheed Martin Corporation, a global security and aerospace company employing 115,000 people worldwide, including more than 1,300 Canadians. By applying innovative approaches of our highly skilled and experienced Canadian workforce, we have been Canada's trusted defence and aerospace partner for over 80 years. We operate major facilities in Ottawa, Montreal, Halifax, Calgary and Victoria and work on a wide range of programs from advanced naval technology products and unmanned systems software to providing delivery and in-service support of the latest military aircraft to commercial engine repair and overhaul capabilities. This position is part of the Rotary and Mission Systems business area, where employees across Canada support engineering, systems integration, training, sustainment and in-service support programs for Canadian and international military customers across land, air and sea.