Position Summary

Parallax Space seeks a commercially minded, hands‑on FP&A; Manager to serve as a key analytical partner to the CFO. This role will own recurring management reporting, budgeting, rolling forecasts, cash and liquidity planning, revenue and backlog analytics, and program‑level financial performance. The successful candidate will connect accounting, CRM, manufacturing, and program data into decision‑ready reporting for executive leadership and the Board while helping establish scalable, audit‑ready financial processes as the company grows and prepares for the demands of being publicly traded.

Core Responsibilities

CFO, Executive & Board Financial Reporting

- Own and deliver a monthly management reporting package and quarterly financial scorecard covering revenue, gross margin, EBITDA, cash balance, operating cash flow/burn, backlog, bookings, and book‑to‑bill.

- Deliver consolidated and business‑line P&L; analysis: monthly, quarterly and year‑to‑date actuals versus budget, prior periods and current forecast; explain material volume, timing, mix and cost variances.

- Prepare concise Board‑ready narratives identifying performance drivers, key financial risks, forecast changes, capital needs and decisions requiring Board attention.

- Maintain consistent KPI definitions, reconciliations to the general ledger and CRM, reporting calendars, and management dashboards.

Budgeting, Forecasting & Financial Modeling

- Lead the annual operating budget and maintain an integrated rolling forecast for revenue, gross margin, EBITDA, balance sheet and cash flow.

- Show original approved budget versus current full‑year forecast,



including quantified changes in assumptions, timing, costs and profitability.

- Develop scenario and sensitivity analyses for production ramp, hiring, customer awards, program delays, pricing, gross margin and funding requirements.

- Lead the planning cadence with department and program leaders to validate forecasts, spending commitments, staffing plans and financial assumptions.

Revenue, Bookings & Backlog

- Track bookings, funded and unfunded backlog where applicable, revenue recognized, remaining performance obligations as appropriate, book‑to‑bill, and expected backlog‑to‑revenue conversion by major business line, customer and program.

- Maintain a revenue bridge from opening backlog and new bookings through recognized revenue to ending backlog; reconcile CRM prospect/contract data with finance records.

- Build forecast views of expected contract awards, production and delivery milestones, billing schedules and revenue recognition timing; clearly distinguish pipeline from contracted backlog.

- Highlight concentration, schedule, cancellation, collection and execution risks affecting revenue forecasts.

Program Economics, Cost Accounting & Margin Management

- Maintain program financial scorecards showing total contract value, approved budget, revenue recognized to date, costs incurred, open commitments,



forecast cost to complete (ETC), estimate at completion (EAC) and expected gross margin.

- Partner with program management, engineering and manufacturing to identify cost overruns, schedule changes, labor/material variances and changes to forecast profitability.

- Support job costing, direct/indirect cost allocations, inventory, WIP and COGS analysis in collaboration with the accounting team.

- Support milestone billing and contract cash‑flow forecasts, including the implications of customer payment terms and supplier commitments.

Cash, Liquidity & Capital Allocation

- Prepare and maintain short‑term cash forecasts and a rolling 12-18 month liquidity outlook, including working capital, cash burn, runway and expected capital requirements.

- Analyze receivables, payables, inventory, deposits, capital expenditures and customer milestone receipts as drivers of cash conversion.

- Track material capex, financing activity, M&A;‑related commitments and other significant cash obligations; support CFO evaluation of capital allocation decisions.

- Flag liquidity gaps, downside scenarios and financing dependencies early with proposed mitigation options.

Systems, Controls & Cross‑Functional Support

- Develop and automate dashboards and reporting from ERP/MRP, accounting, procurement, CRM and program systems; improve data definitions and source‑to‑report traceability.

- Support monthly close with analytical review, accrual inputs and reconciliations, working with accounting rather than serving as the primary transaction processor.

- Monitor purchase commitment

📌 Financial Planning (Quinte West)
🏢 Parallax Space
📍 Quinte West