TMX Group Limited Looking for Director, Finance Costing and Measurement at Toronto, ON Full Time

United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we’re powering some of the nation’s most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

Working in Finance as part of the Finance Business Partnering (FBP) team, this role forms part of a core FBP central team that supports BU FBPs, other functions in finance, and the enterprise as a whole.
The Director has a team of 2-3 and will leverage resources across the central FBP team. The role oversees the enterprise cost allocation framework and will lead the Finance function’s effort to stand up the capabilities to measure and improve delivery of finance processes. Specifically, it will lead major enhancements to group-wide cost allocation processes and transparency to better demonstrate service value and improve enterprise focus. The Director will also be responsible for finance business partnering for enterprise corporate functions, namely Global Enterprise Services (GTS), Finance, HR, and Legal & Corporate Affairs (LCA).

Reports to: VP, Finance Business Partnering

• Ownership of the enterprise-wide cost allocation framework, spanning legal entities and operating segments
• Lead design and structure of model, including tools, principles, governance, regulatory compliance, and tax compliance
• Provide detailed transparency to senior management and BU FBPs of core drivers and outcomes, with specific focus on deepening understanding of value provided and where BUs can influence shared services costs
• Provide improved variance analysis (i.e., to budget or prior periods) that is easily understood by senior management; assist FBPs with their stakeholder interactions to improve confidence in model integrity
• Partner closely with team members to confirm data capture and GL reporting structures improve and optimize straight-through-processing
• Conduct specific business analysis on core enterprise cost drivers
• Enhance rigour and control framework of model updates and design
• Build model flexibility and adaptability for a frequently changing corporate structure (e.g., M&A)
• Collaborate with external auditors on quarterly reviews and annual audits
• Improve efficiency of model updates and monthly/quarterly journals; leverage automated tools where possible
• Build roadmap for next future generation of higher maturity model and framework

• Provide financial leadership, guidance, and governance to 4 corporate functions: Global Enterprise Services (GTS), HR, Finance, and Legal & Corporate Affairs (LCA)
• Accountable for the consolidated planning (Budgets, Long-Term Plans and Forecast) deliverables for the CF
• Recommendation of process improvements and identification of cost savings opportunities/efficiencies
• Support deeper understanding of GTS technology cost base, supporting the fast changing technology landscape and further adoption of cloud services
• Decision support & analysis: initiative modeling/tracking and business case development, including the review and monitoring of external contracts and services provided by suppliers to ensure that these are operating effectively and provide the best value to the BU
• Development and implementation of performance measures, monitor and adjust on a regular basis
• Leveraging deep accounting and IFRS knowledge, ensure all financial information that populates the CF financial statements is accurate and complete including month-end and quarter-end management reporting and analysis

• Lead measurement, benchmarking, and analysis of the delivery of finance processes, with priority to accounting close and external reporting
• Commence measurement of finance department work, including design, data capture, reporting, and insights

• CPA designation
• 10+ years of progressive finance experience
• Strong organizational, analytical and conceptual skills, able to work at a high level and in detail while managing challenging priorities in an ambiguous and complex environment
• Effective and positive management style supporting staff through example, coaching and development and working effectively across organizational lines to promote an effective team-based environment with employees and management
• Strong technical skills, including Excel (pivot tables, model building, model auditing) and knowledge of financial systems structure
• Strong financial analysis skills, ability to undertake research
• Leverage excellent verbal and written communication skills by tailoring messages according to audience with a customer centric approach
• Strong problem-solving and critical thinking skills
• Excellent ability to influence with a collaborative nature and team player mentality

• Software industry or capital markets
• CFA designation
• Workday Financials / HCM
• Google Suite of Tools for Work (Sheets, Docs, Slides)