IT Financials Manager

4 weeks ago

Toronto, Ontario, Canada Canadian Tire Corporation Full time

Key Responsibilities:

The Chapter Manager, IT Financials, will be responsible for overseeing the financial management and reporting activities of all IT sustainment costs within Canadian Tire Corporation.

This role will involve managing the forecasting, tracking, and costs of all IT vendors and IT sustainment spending, as well as collaborating with procurement and IT teams to financially manage IT vendor contracts across the organization.

Financial Management:

  • Identify opportunities for process improvement and platform optimization in budgeting, forecasting, and tracking of IT assets, contracts, and costs.
  • Ensure cost optimization through effective budgeting, forecasting, expenditure analysis, and vendor contract negotiations.
  • Collaborate with finance teams to track costs associated with IT assets and identify areas for cost reduction or optimization.
  • Provide support to IT VPs in tracking and managing contracts, IT assets, and lifecycle management costs.

Reporting:

  • Lead the development and maintenance of a consolidated view of all IT financial data, asset information, and IT LCM (Lifecycle Management) capital portfolio.
  • Ensure easy access to information related to IT expenses, cost savings, and asset management through consolidated reports.
  • Offer clear insights into the financial health of the organization's IT costs to enable stakeholders to make informed decisions.

Team Leadership:

  • Lead a team of reporting developers and financial professionals by providing guidance, support, and fostering a collaborative work environment.
  • Set clear goals for the team and ensure they are aligned with the overall objectives of the department.
  • Mentor team members and promote their professional development.
  • Foster a culture of continuous improvement within the team.

Requirements:

  • Bachelor's degree in finance, accounting, or a related field.
  • Extensive experience in financial management, budgeting, forecasting, and vendor contract negotiations, specifically within the IT space.
  • Strong understanding of IT asset management principles and best practices.
  • Proven leadership skills with experience in leading cross-functional teams and managing direct reports.
  • Excellent analytical and problem-solving abilities.
  • Exceptional communication skills with the ability to communicate complex financial information to non-financial stakeholders.
  • Proficient in relevant software tools such as financial management systems and reporting platforms.
  • Experience managing large-budget programs.
  • Ability to spearhead process review, improvement, and automation initiatives.

Work Arrangement:

Canadian Tire Corporation has adopted a hybrid work model, where employees use a combination of working in the office and virtually in service of outcomes. Each leader is empowered to decide what work is best achieved in person based on the unique needs of their team.

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