Financial Analyst, Senior - FP&A, Revenue

For over 50 years, LifeLabs has been Canada’s leading provider of laboratory diagnostic information and digital health connectivity systems, enabling patients and healthcare practitioners to diagnose, treat, monitor and prevent disease. We are passionate about empowering healthier Canadians through accessible, accurate, and innovative diagnostic services.

We are committed innovators, operating Canada's first commercial genetics lab, and the country's largest online patient portal, with more than 8 million Canadians receiving their results online. More than 112 million laboratory tests come through LifeLabs’ laboratories annually, and our team of more than 6,000 passionate, caring, and diverse professionals works together as one to provide high quality testing and results that Canadians can trust.

We know that behind every lab requisition, sample being tested, or investment in technology is an individual and their family counting on us. At LifeLabs, you can make a meaningful impact on Canadians’ lives every day.

Our teams are at the heart of everything we do. We are proud to be recognized as one of Canada’s Best Employers, reflecting our deep commitment to our core values of caring, agility, teamwork, and a customer-centered approach. As part of this commitment, LifeLabs prioritizes the ongoing development of our diversity, equity, and inclusion (DEI) program to better serve the needs of our diverse workforce and the communities we serve. We continue to take steps to challenge ourselves to act with courage and integrity, and to create an environment where people can be their true selves.

These values are not just words on a page, they guide our actions and decisions every day and have come to define our team culture.

Reports To: Director, Financial Planning & Analysis Revenues & Operations

Status: Full Time

Schedule: Monday-Friday

Additional Requirements: N/A

Number of Positions: 1

Start Date: ASAP

Internal Application Deadline: March 14, 2025

LifeLabs operates under a Hybrid workforce model. Further details will be provided during the interview stage.

This vacancy is for an existing position.

Purpose of the Role:

The Sr. Financial Analyst Business & Consumer Markets provides business partnership and revenue support to B2B and B2C business within LifeLabs Core and new businesses. Using analytics and financial modelling to advise, this position provides the business with the data to identify opportunities to maximize both the top-line growth and bottom-line margins for existing and new sources of funding / revenue within the delegated business segments. This position will help to support LifeLabs team strategy as well as provide information to improve business performance, to drive optimal pricing for RFP bids and support launch of new lines of business.  This position is responsible for completing monthly business unit performance reviews to monitor performance, the annual budget and forecast process updates, the 5-year plan and any financial modelling / business cases required to support current and future impacts of opportunities for the delegated business segments.

Your responsibilities will include:

Monthly Business Unit Performance Reviews:

• Working closely with Business & Consumer Markets team, establish a working partnership and framework to analyze and communicate results of the BCM Line of business on a monthly basis. This framework will include variance analysis and performance monitoring, visual dashboards to measure in-process metrics as well as progress / tracking on the achievement of any segment specific initiatives. Working with business partners to identify business risks & opportunities and develop risk mitigation recommendations. Lead financial results communications to respective business partners

Annual Budget, Forecast Updates and 5-year Plan Development:

• Lead the processes specific to the Business & Consumer Market Line of businesses to develop the annual budget, corresponding “year to go” forecast updates (at least 3X per year) and the annual 5-year financial plan for Life Labs. Support business with development of strategies and ensure accuracy of financials assumptions throughout the development of the budget / forecast
• Ensure alignment of plans across all delegated stakeholder groups, meaning Commercial and Operations

Analytics and Business Partnerships: 

• Develop analytical frameworks and tools to assist Business & Consumer Market Line of businesses in making data-driven decisions, including pricing activities, new business ventures, new product lines, margin analysis, low-volume/margin test rationalization, product divestitures, capital investments, RFP activities for customers, contract negotiations and more broadly any other innovations, strategic initiatives and ad hoc analysis as required to enable business decisions. Leverage tools to enable business case development and documentation, inclusive of both capital requirements and investment returns / payback
• Ability to perform ad-hoc projects in support of the Manager Finance Business & Consumer Markets

What you will bring to the role:

• University Degree
• Accounting Designation, CPA and / or MBA (or working towards one of these designations)
• 3-5 years' experience
• Strong analytical and business planning skills in order to solve problems and research and escalate issues, when necessary
• Experience working in an environment with a strong operational and regulatory focus (i.e. manufacturing, pharma and Retail/CPG industry), is an asset
• Experience in supporting business development opportunity including development of financial model for new line of businesses and pricing analysis.
• Good understanding of finance processes and data requirements
• Developing management presentation capabilities
• Experience with ERP systems (Oracle, Oracle Cloud, Power Bi, EPM application suites preferred)
• Strong computer and reporting skills with an advanced proficiency in MS Excel and PowerPoint
• Ability to manipulate data to drive insights into explaining business trends and variances
• Good collaborator, ability to work across multiple levels of the organization 
• Good ability to develop and maintain effective relationships
• Good communication skills, verbal and written, with ability to work with a variety of people in a team environment
• Solid organizational and time management skills in order to prioritize competing demands and meet deadlines
• Ability to show resilience and agility
• Ability to aggregate information from multiple sources to build out a financial model

LifeLabs’ compensation programs are commensurate based on the role, skill, effort, responsibility and working conditions, irrespective of gender, race, ethnicity, beliefs, age or any other personal characteristics. Pay programs are communicated regularly in an accessible and transparent manner.

LifeLabs is also proud to offer resources, opportunities, as well as a collaborative and supportive environment that enables our team members to thrive.

In addition to a competitive compensation package, LifeLabs provides a comprehensive total rewards program, specific to the job position. Your package may include:
 

• Employee Group Benefits: Competitive coverage for employees and their families to support their overall health and wellness needs, including Extended Health Care, Dental Care, and Life Insurance.
• Retirement Savings Plan
• Vacation and Wellness Days
• Employee Wellness and Giving Programs: Our award winning mental, physical and financial wellness programs aim to address the comprehensive well-being of our team members, including resources like the Employee & Family Assistance Program, financial planning tools, and employee recognition initiatives.
• Professional development and membership reimbursement, access to preferred rates and discount programs, including WorkPerks, Home and Auto Insurance, Costco Membership, etc., and optional health-related benefits.

In accordance with LifeLabs’ Accessibility Policy, and the applicable Accessibility Acts within the provinces we operate in, accommodations are available by request for candidates taking part in all aspects of the recruitment and selection process. For a confidential inquiry or to request an accommodation, please contact your recruiter or email careers@lifelabs.com.

Vaccinations are highly encouraged at LifeLabs’. Vaccinations and/or immunization screening may be mandatory for selected employees if regulated by provincial or regional governments, or through employer-led vaccination policies in the facilities we service. Please ensure you ask if this position requires the successful candidate to be vaccinated or undergo immunization screening.

Ready to empower healthier Canadians? Apply today!