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Job Summary:
The Financial Planning & Analysis (FP&A) group at Porter Airlines is tasked with providing actionable business insight that will boost financial performance. The Financial Analyst – Commercial (FA) position will play a significant role in budget/forecasting activities, internal and external reporting and financial modeling and analysis.
As a valued business partner, a high level of business acumen will be required as the FA will engage directly with senior management on analysis and recommendations that will actively influence business decisions. The FA will also work closely with their respective business units as an active contributor on strategy, operational tactics, expense management and budgeting/forecasting initiatives.
Duties & Responsibilities:
- Working directly with the Commercial team’s management, jointly develop forecasting, reporting, analysis, and providing insight into a wide range of business and financial decisions
- Initiates analysis of monthly variances, and works directly with the commercial teams management, executives, and the financial reporting team to identify and resolve variances to plan
- Prepares and maintains the distribution model to provide insights of market-based profitability and support the negotiation with suppliers
- Perform the agency-level commission analysis and partner with the sales team to optimize travel performance
- Assists with the tracking of growth-related marketing spends and provides insightful analysis to support the cost control
- Assist with the development and expansion of Porter Escape as the result of the newly introduced Embraer E195-E2 flights
- Participate in the growth of Porter Loyalty Program and provide the support and analysis as required
- Active involvement in the annual budget and quarter forecast processes for the commercial team
- Prepares weekly, monthly reporting and enhances the existing KPI reporting and analytical tools to increase efficiency and uncover more insight into commercial opportunities
- Ad hoc financial modeling and recommendations to support the business units in making financially sound business decisions
- Ad Hoc projects as required
- 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
Behavioural Competencies:
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Concern for Safety: Identifying hazardous or potentially hazardous situations and taking appropriate action to maintain a safe environment for self and others -
Teamwork: Working collaboratively with others to achieve organizational goals -
Passenger/Customer Service: Providing service excellence to internal and/or external customers (passengers) -
Initiative: Dealing with situations and issues proactively and persistently, seizing opportunities that arise -
Results Focus: Focusing efforts on achieving high quality results consistent with the organization’s standards -
Fostering Communication: Listening and communicating openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus
Qualifications:
- An undergraduate degree in Accounting, Finance and/or Business Administration
- 1+ year(s) of work experience in FP&A supporting business units or similar experience
- Must be an excellent communicator
- 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 Microsoft Excel and some knowledge of Microsoft Access preferred
- Database (SQL), VBA, or other Programming knowledge is desirable
- Leading, coaching and developing high performing finance team
- Knowledge of MS Dynamics (Great Plains), Prophix and Tableau an asset
- Aviation industry experience is an asset
- Mandatory COVID-19 Vaccination
Company Description:
Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves a North American network from Eastern Canada. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit www.flyporter.com or follow @porterairlines on Instagram, Facebook and Twitter.
