Senior Analyst, Treasury

Job Summary

The Treasury group at Porter Airlines is responsible for managing the company’s working capital, liquidity, debt, insurance, merchant processing and aircraft leasing. This Senior Analyst position is a 16-month fixed term position. Duties and Responsbilities below.

Duties & Responsibilities

• Monitor daily cash positions to ensure sufficient liquidity for operations and strategic needs.
• Analyze cash inflows and outflows, investigate material variances, and support effective cash allocation decisions
• Help optimize working capital by reviewing & balancing cash positions across multiple bank accounts while accommodating the needs between various currencies.
• Build and maintain strong relationships with banks and payment service providers.
• Collaborate with banks on cash management services, annual reviews of limits, and account setups/updates.
• Prepare liquidity forecasts for Board and Audit Committee presentations, highlighting key insights and recommendations.
• Support the execution and confirmation of FX transactions
• Coordinate the ordering, deployment, and maintenance of debit machines across airport and operational locations.
• Assist with month-end closing processes, bank entries and audits as required.
• Drive continuous improvement of existing processes and recommend actionable enhancements for greater efficiency.
• Support ongoing treasury projects, including process improvement, automation and systems enhancements.
• 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.
• Any other duties as assigned.

Behavioural Competencies

• 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, a professional designation (CPA, CFA) or MBA an asset
• 2-5 years of work experience in finance supporting business units or similar experience
• Must be an excellent communicator
• Must have excellent interpersonal and collaboration skills
• 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 preferred
• Strong data management skills
• Knowledge of MS Dynamics (Great Plains), Prophix and Tableau an asset
• Aviation industry experience is an asset

Location

Toronto Downtown Office (250 Yonge Street) #LI-Hybrid

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 North America, including a coast-to-coast domestic Canadian network, the U.S., Mexico, the Caribbean and Central America. 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 X.