Manager, Financial Planning & Analysis

PBC Solutions is looking for a skilled and experienced Manager, Financial Planning & Analysis to join our team! About PBC Solutions  PBC Solutions Ltd. was created in 2022 as a wholly owned subsidiary of PBC Health Benefits Society (operating as Pacific Blue Cross), #1 health benefits provider in BC. Our mandate is to design, transform, and deliver the benefits and claims administration services offered by governments and other large organizations along with our consortium partners DXC Advanced Solutions, NTT DATA, and EY.    Since the spring of 2023, PBC Solutions administers and leads the transformation and digitization of Health Insurance BC Services (HIBC) on behalf of the BC Ministry of Health. HIBC Services administers medically-necessary insured doctor and hospital services through the Medical Services Plan (MSP) and drug coverage through the PharmaCare and Fair PharmaCare programs. In the future, the business will expand to additional public and private client work.  Position Summary Reporting to the Director, Finance & Contract Management, the Manager of Financial Planning and Analysis is responsible for leading the financial planning and analysis functions, including budgeting, forecasting, and financial reporting. This role involves managing the development and implementation of financial strategies, ensuring accurate and timely financial reporting, and providing actionable insights to support decision-making processes. Primary Duties Financial Planning and Analysis: Lead the budgeting and forecasting processes, including the preparation of annual budgets and long-term financial plans. Develop and maintain financial models to support business planning and decision-making. Analyze financial performance against budgets and forecasts, providing insights and recommendations for corrective actions. Financial Reporting: Oversee the preparation and presentation of financial reports, including monthly, quarterly, and annual financial statements. Ensure compliance with accounting standards and regulatory requirements in all financial reporting. Prepare and present financial analysis to senior management and stakeholders, highlighting key performance indicators and trends. Strategic Planning: Collaborate with senior management to develop financial strategies aligned with the company’s goals and objectives. Support strategic initiatives by providing financial insights and analysis, including profitability analysis, cost management, and investment evaluations. Budget Management: Monitor and manage departmental budgets, ensuring adherence to financial plans and identifying areas for cost control. Conduct variance analysis and provide explanations for deviations from budgeted figures. Process Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of financial planning and reporting activities. Develop and maintain financial policies, procedures, and best practices to ensure consistency and accuracy. Team Leadership: Supervise and mentor a financial analyst, providing guidance, support, and performance management. Foster a collaborative and high-performance work environment within the finance team. Stakeholder Management: Act as a liaison between finance and other departments and subcontractors to ensure alignment on financial matters and reporting requirements. Communicate financial information effectively to non-financial stakeholders, ensuring clarity and understanding. Compliance and Governance: Ensure adherence to internal controls and financial governance standards. Assist with audits and ensure timely resolution of audit findings. Required Education and Qualifications Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. Professional certification (e.g., CPA, CMA) preferred. 5 - 8 years of experience in financial planning and analysis including managerial experience. Strong understanding of financial modeling, budgeting, and forecasting techniques. Proficiency in financial software and ERP systems (e.g., Workday). Advanced Excel skills and familiarity with data analysis tools. Experience in information technology (asset, but not required) Knowledge of financial regulations and reporting standards relevant to the industry. Experience with business intelligence tools (e.g. Power BI). A combination of education and experience may be considered. Travel/Work Location:  PBC Solutions is Headquartered in Saanichton, BC (a suburb of Victoria) and also has offices in Burnaby. We operate in a hybrid in-person and virtual environment and the successful candidate must be based in BC with the ability to come to the office when required. Knowledge Skills, and Abilities Excellent analytical, problem-solving, and communication skills. Proven ability to manage multiple priorities and work under tight deadlines. Strong interpersonal skills with the ability to work collaboratively as a member of a team Demonstrated analytical and logical thinking, sound judgement skills with the ability to engage necessary resources to solve complex problems Self-motivated and able to work effectively autonomously and in a team-oriented environment. Excellent time-management and organizational skills with great attention to detail Quick learner and adaptable to an ever-changing environment Required Competencies Effective Communication Managing Conflict Feedback  Action Oriented Ensuring Accountability  Organizational Savvy  Problem Solving Multiple Demands and Time Management  What's in it for you  We offer  market competitive total compensation,  including an annual incentive bonus plan and market-based salaries. The base salary range for this position is $93,900 to $140,900 annually. Placement in the salary range will be determined by the level of experience and expertise based on corporate guidelines, with the goal to ensure market competitiveness and internal equity. We offer a robust health & dental benefits plan, with flexible options that will meet you and your family's needs. We also offer a Defined Benefit Pension Plan (PSPP), for all eligible employees.  We strive to create a workplace where everyone feels valued and employees feel empowered to freely participate and contribute regardless of race, ethnicity, gender or gender identity, sexual orientation, religion, ability, education level, parental status, or socioeconomic status.    PBC Solutions is an equal opportunity employer and welcomes applications from all qualified candidates.   To request an accommodation in completing this application, pre-employment testing, interviewing or otherwise participating in the employee selection process, please direct your inquiries to hr@pbcsolutions.ca  Does this opportunity resonate with you?     Are you seeking a work environment that will challenge you, provide stretch opportunities, and support your success and growth? Then you've found your ideal work environment - Apply today please! We'd love to talk with you to explore this opportunity further with you.    Please note, if selected for this opportunity, you will be required to undergo a background check in accordance with PBC Solutions policies.    We sincerely thank all candidates for their interest, however only those selected to continue in the recruitment process will be contacted.    This posting will be open until filled. We will start reviewing applications on September 23, 2024.    How we work  Our Guiding Principles   Honesty  – We will be truthful.  We will create a safe environment to communicate proactively, openly and with respect.  We will be transparent and genuine with our interests.   Integrity  – We will act consistently to do the right thing and ensure our words and actions align.  Embracing opportunities and challenges, we will live our shared values and vision.   Reciprocity  - We will strive for fair and balanced exchanges leveraging our unique strengths and resources, recognizing this requires an ongoing give and take.  We will win and lose as one.     Autonomy  – We respect and acknowledge the interests of each party.  We trust each other to make decisions and act based on our diverse strengths to achieve our mutually desired outcomes.     Loyalty  – We will be bold, brave, and committed to our relationship.  As partners, we will advocate for one another, celebrate our successes, and have each other’s back through our challenges.     Equity  – We commit to a balanced partnership.  We will make decisions and act based on a fair assessment of capabilities, risks, constraints, and opportunities to achieve mutual success.     Our Intended Behaviours   Communication  – We actively communicate in a timely, open, respectful, and responsive manner with the intent to gain understanding and find solutions.     Flexibility –  We will be agile, adaptable, and creative to enable responsive service delivery and embrace challenges and change with an open-minded and positive attitude.    Perspective  – We seek to understand interests, assumptions, actions, and diverse backgrounds by actively sharing and exploring all points of view.    Focus –  We will use our Shared Vision as our North Star to evaluate, prioritize, and deliver successful results.