Flexiti – Part of Questrade Financial Group

Flexiti provides consumer‑lending services and is part of the Questrade Financial Group. We are committed to fostering a collaborative, inclusive, and hybrid workplace.

What’s in it for you as an employee of Flexiti?

- Health & wellbeing resources and programs
- Paid vacation, personal, and sick days for work‑life balance
- Competitive compensation and benefits packages
- Work‑life balance in a hybrid environment with at least 3 days in office
- Career growth and development opportunities
- Opportunities to contribute to community causes
- Work with diverse team members in an inclusive and collaborative environment

Job Overview

We are seeking a highly driven Senior Manager, FP&A; to own the financial architecture behind QFG’s consumer lending growth strategy. Reporting to the Head of FP&A;, this role leads financial planning, forecasting, performance analysis, and business decision support across the entity. The position is highly visible and requires strong financial acumen, advanced analytical capability, rigorous financial modelling expertise, and a genuine curiosity to understand the drivers behind the numbers.

Responsibilities

Long‑Range Planning & Financial Modeling

- Own the multi‑scenario LRP across originations, A/R, Net Revenue GP, OPEX, and Net Income – four‑year horizon with full audit trail
- Model the P&L; for each growth pillar: Installment Loans, Balance Transfer, White‑Label retail partnerships, and Merchant Vendor Employee Offering
- Decompose Net Revenue into components (Interest, MDR, Admin, Deferral, Insurance fees) and maintain defensible assumptions for each growth pillar
- Build toggle‑ready models for scenario analysis (CoF, GCO, ATV, penetration, launch timing) to enable real‑time sensitivity exploration with leadership

Platform & Technology Finance

- Own the platform volume projection for Temenos volumes – Facilities, LOCs, Promo Loans, Installment, Balance Transfer – by growth pillar and scenario
- Translate record volumes into capacity cost scenarios to support commercial negotiation
- Maintain the derivation chain: Originations → ATV → Accounts → Transactions → Promo Loans → Facilities → Total Records for each growth pillar independently





Budgeting, Forecasting & Variance Analysis

- Lead the annual budget, rolling quarterly forecasts, and mid‑year re‑forecast; set origination targets, yield assumptions, and OPEX envelope by growth pillar with explicit bridge analysis from budget and prior forecast at each cycle
- Deliver monthly variance analysis decomposed into volume, yield, cost, and mix effects with forward‑looking actions
- Prepare quarterly board and executive reporting packages – performance vs LRP, initiative‑level P&L; scorecard, portfolio health metrics, and forward‑looking re‑forecast – synthesise complexity into a concise narrative for senior audiences
- Own the planning assumptions register (ATV, attrition, promo transaction rate, CoF, GCO, launch timing) with version control across iterations

Business Partnering & Executive Communication

- Financial partner for the LRP strategy deck, board materials, and merchant partnership economics – MDR sharing, co‑brand costs, deal structuring
- Translate platform design decisions into financial impacts – Temenos record lifecycle assumptions, migration scope, pricing tier sensitivity
- Prepare and present multi‑pillar financial analysis for C‑suite and Board – complex inputs, clear narrative output

KPI Tracking, Portfolio Analytics & Pricing

- Own and report on key performance metrics – originations, A/R EOP balance, Net Revenue yield, GCO rate, Cost of Funds, and Net Income by growth pillar – track performance against plan and surfacing variances early
- Build and maintain vintage analysis models to track customer LTV, cohort‑level performance, and portfolio seasoning – provide early visibility into credit quality and revenue yield trends
- Develop merchant profitability models quantifying MDR economics, co‑brand program costs, and net contribution by retail partner




- Support pricing decisions with analytical frameworks – fee structure optimisation, MDR rate sensitivity, Cost of Funds pass‑through, and promotional term economics – translate pricing changes into P&L; impact
- Write SQL to extract and validate data independently; build formula‑driven models with clean input separation and full audit trail

Qualifications

- 8+ years in FP&A;, corporate finance, investment banking, or management consulting – with at least 2 years in consumer lending, fintech, or payments
- Demonstrated experience building complex multi‑scenario financial models: LRP, product P&L;, and unit economics
- Deep understanding of consumer lending economics – interest income, MDR, Net Revenue yield, GCO, Cost of Funds, PCL mechanics
- Advanced Excel and proficiency in SQL
- Strong communication skills
- Bachelor’s in Finance, Accounting, Economics, or Engineering; CPA / CFA / MBA an asset
- Experience with core banking platform economics and platform migration financial modelling
- Exposure to white‑label or co‑branded consumer credit programs, or retail financial services partnerships
- LRP experience in a high‑growth environment – building and maintaining multi‑pillar growth models as the business scales
- Rigorous, curious, comfortable with ambiguity and trusted cross‑functionally

Compensation

- Base salary range: $140,000 – $170,000
- The final compensation package will be commensurate with the successful candidate’s experience, skills, and geographic location (Canada). It includes a comprehensive benefits plan and a competitive incentive (bonus) program for Full‑Time Permanent roles.

EEO Statement

At Questrade Financial Group of Companies, we are committed to fostering a diverse, inclusive and accessible work environment. Individuals are treated with dignity and respect. We value the unique skills and experiences you bring and support you to harness your unlimited potential. Our team reflects the diversity of the communities we serve. We strive to make recruitment and selection fair and inclusive. If you require accommodation during the recruitment/selection process, you should let us know and we will work with you to meet your needs.

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📌 Senior Manager, FP&A (Flexiti) (Toronto)
🏢 Questrade Financial Group
📍 Toronto