Senior Financial Analyst, Financial Planning and Analysis

Senior Financial Analyst, Financial Planning and Analysis

Telesat (NASDAQ and TSX: TSAT) is a leading global satellite operator, providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecommunications, corporate and government customers for over 50 years. Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat has grown to be one of the largest and most successful global satellite operators.

Telesat Lightspeed, our revolutionary Low Earth Orbit (LEO) satellite network, scheduled to begin service in 2027, will revolutionize global broadband connectivity for enterprise users by delivering a combination of high capacity, security, resiliency and affordability with ultra-low latency and fiber-like speeds. Telesat is headquartered in Ottawa, Canada, and has offices and facilities around the world.

The company’s state-of-the-art fleet consists of 14 GEO satellites, the Canadian payload on ViaSat-1 and one LEO 3 demonstration satellite. For more information, follow Telesat on X and LinkedIn or visit www.telesat.com

The Senior Financial Analyst will work closely with the Manager, FP&A by assisting with monthly and quarterly company-wide analysis of operational results, including identification of drivers behind any changes in company KPIs and profitability analyses, as required, along with associated variance analyses and identification of possible mitigations, where applicable, for the Telesat senior leadership team.

In addition, the resource be responsible for (a) maintaining a quarterly Databook that creates a ‘single reference source’ for all key financial analyses ahead of the quarterly earnings calls, (b) supporting the preparation for quarterly Operations Review meetings, (c) assisting with the preparation of profitability/margin/segmental analyses and assisting with tracking and analyzing company performance against KPIs and (d) performing subsidiary analytical reviews and assist with the maintenance of the Telesat Lightspeed, GEO and consolidated Long-Term plans and any sensitivities that may need to be run.

Lastly, the Senior Financial Analyst 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.

Main Responsibilities:

- Assisting with 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.
- Preparation of delta analyses including the identification of the associated business drivers behind any changes to the plan(s) and sensitivity analysis between, and associated with, various iterations of the plan(s)
- 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
- 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
- Supporting valuation exercises that require long-term projections such as the annual goodwill and intangible impairment exercises as well as the quarterly warrant valuation process
- Working closely with the Treasury team and the Director, Financial Planning and Systems to support both the debt financing agreements for the Lightspeed constellation as well as providing Long-Term Cash-flow planning/forecasts

Additional Responsibilities:

- Assist, as required, with the annual Budget process and any interim planning or rolling 18-month forecasts in our BI Platform (Adaptive), as may be required
- Assisting with the preparation of monthly cost centre actual versus budget/forecast reports and expense analysis, as may be required, including identification of drivers for any variances with possible mitigation initiatives
- Responsible for collecting and documenting all required SOX documentation support for our budget and planning cycles as well as documenting new processes implemented as part of new projects
- Data extraction from the company’s accounting system (WorkDay) of actuals and updating the forecast and long-term plans with historic results
- Support the Director, Financial Planning and Systems and the Senior Director, FP&A with ad hoc projects and initiatives, as may be required

Education and Experience Required:

- Undergraduate university degree with a major in Finance
- 3+ years in a planning and analysis role, an advantage
- Advanced Excel and PowerPoint skills
- Demonstrated experience in financial modelling
- Demonstrated ability to perform comprehensive analytical reviews
- Financial accounting experience including ability to drill-down within an accounting system to perform detailed analysis, an advantage
- Experience of using WorkDay, Adaptive Insights and Workday a plus

Working Conditions:

- Generally comfortable working environment.
- Moderate visual concentration in use of computer monitor and considerable attention to detail.
- This role requires office attendance, at our headquarters in Ottawa, a minimum of 4 days a week

The ability to obtain a Government of Canada Reliability clearance is required for this position

#LI-JB1

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.

Commitment: Full Time Hire - (FTE with Benefits)

#J-18808-Ljbffr