Senior Manager, Financial Planning & Analysis

Role Summary

The Senior Manager, Financial Planning & Analysis is part of the Financial Planning and Analysis team within Finance and will be responsible for the maintenance of the Telesat Lightspeed, GEO and Consolidated Long-Term plans and any sensitivities that may need to be run. The incumbent will report to the Senior Director, Financial Planning and Analysis and will be responsible for assisting with various valuation exercises such as the quarterly warrant valuation exercise, as well as the annual goodwill and intangible asset valuations used for the purpose of our impairment analyses.

The Senior Manager, Financial Planning & Analysis will also assist the Director, Financial Planning and Systems by preparing a quarterly update to the Lenders’ Base Case for Lightspeed as well as supporting the various informational requirements required by the Government of Canada/Government of Quebec as part of the quarterly progress report.

The incumbent will also assist the Director, Financial Planning and Systems by developing, tracking and analyzing company performance against KPIs, budget and forecast benchmarks, and support the preparation for the periodic Operational Review Meeting materials, as may be required.

As part of this activity, The incumbent will ensure that key drivers to any variance to the plan, or projected variance to plan, are well understood and in conjunction with the relevant senior managers, and will help facilitate the creation of potential mitigations/solutions for any adverse variances that might arise.

This role requires office attendance, at our headquarters in Ottawa, 5 days a week

Decision Making & Supervision

• Full responsibility for organizing and planning workloads.
• Assist with identification of financial reporting and business process/system improvements.
• Identification of potential risk areas as part of FP&A analyses and assistance with development of possible mitigations.There are no direct reports associated with this position at this time.

Responsibilities

• Main point of contact for all aspects of the long-term planning process and specifically for the two Telesat business segments (Lightspeed and GEO) and the Lenders’ Base Case for Lightspeed, as well as the consolidated operations. The incumbent will also be responsible for variance analysis and sensitivity analysis between, and associated with, the various iterations of the plans
• Main point of contact to support valuation exercises that require long-term projections such as the annual goodwill and intangible impairment exercises as well as the quarterly warrant valuation process
• Supporting the Operational Review Meetings that are being introduced to bring all key stakeholders together in a forum that facilities the identification of any barriers to achieving key financial and operational goals and promotes the timely resolution thereof
• Preparation of analyses and informational reviews, as may be required, to support ongoing and future reporting and financing activities of the group, including but not limited to, periodic profitability analyses, by vertical, by constellation, geography, segment etc., as may be required to effectively manage the business
• Working closely with the Treasury team to act as the main financial point of contact to support both the debt financing agreements for the Lightspeed constellation as well as providing Long-Term Cash flow planning/forecasts

Fund raising

• Proving assistance, as may be required, to address any due diligence questions or clarifications that might arise from current or prospective lenders, the lenders’ advisers or any other potential investors in the Lightspeed program
• Review, update and refine, as appropriate, the Lightspeed business plan and model as the program develops/evolves
• Assist, as may be required, with any strategic initiatives and/or provide finance transactional support for any other debt funding or equity raising projects

Other

• Ensure all SOX-related documentation is prepared and reviewed

Support the Director, Financial Planning and Systems and the Senior Director, FP&A with ad hoc projects and initiatives, as required

Requirements

Education & Experience Required

• Undergraduate university degree, CFA / MBA or similar qualification
• 5+ year's experience in a senior planning and analysis role that has required, as a core element of the role, developing/maintaining financial models and projections
• 5+ Years of experience in a management role managing a team of direct reports
• 5+ years of leadership experience in mentoring, developing, training and performance management of direct reports
• Good communication skills with ability to communicate at all levels of the organization
• Demonstrated ability to perform comprehensive analytical reviews and to set new KPIs, as required
• Demonstrated ability to identify key drivers behind changes to forecast/plans including ability to suggest possible mitigations to rectify the variance, as appropriate
• Proactive nature / natural self-starter
• Strong Excel and Powerpoint skills
• Experience of using Adaptive Insights and WorkDay a plus.
• Generally comfortable working environment. Moderate visual concentration in use of computer monitor and considerable attention to detail.
• Resource is required to obtain GOC Reliability clearance for this role

At Telesat, we take pride in being an equal opportunity employer that values equality in the workplace. We are committed to providing the best candidate experience possible including any required accommodations at every stage of our interview process. All qualified applicants that have been selected for an interview that require accommodations, are advised to inform the Telesat Talent team accordingly. We will work with you to meet your needs. All accommodation information provided will be treated as confidential.