Director, Financial Planning & Analysis – RFA Bank of Canada
Date: June 1, 2026
Location: Toronto
Company: RFA Bank of Canada
Job Type: Permanent
Closing Date: June 19, 2026
About RFA
Founded in 1996, RFA (Realty Financial Advisors) is a leading Canadian-owned real estate firm. Through RFA Bank of Canada and RFA Mortgage Corporation, RFA offers mortgage brokers a complete range of Prime and Alternative mortgage solutions.
RFA Bank of Canada, a division of RFA (Realty Financial Advisors), is a federally regulated Schedule I Bank. Our goal is to be a long-term leader in the residential lending market by offering more than just competitive rates and compensation. At RFA Bank of Canada, we focus on delivering a unique value proposition in the Alternative mortgage space, committed to innovation and exceptional service to meet a diverse range of borrower needs.
The Opportunity
We’re looking to fill a Director, Financial Planning & Analysis position at RFA Bank of Canada!
Reporting to the VP Finance, the Director of Financial Planning & Analysis is responsible for supporting the entire planning & forecasting cycles, financial modelling and quantifying the effectiveness of the company’s strategic initiatives. This is a high impact and highly visible role within the organization that delivers on key strategic objectives.
Core Responsibilities
As the Director, Financial Planning, you will:Financial Planning & Forecasting:
- Responsible for supporting the annual financial planning cycle including modelling, obtaining and vetting assumptions from each of the revenue generating business units, collecting and challenging information on expenses from the departments utilizing information on actual run rates and market factors.
- Collaborate with department heads to set financial targets.
- Develop and maintain accurate financial forecasts to guide executive decision-making and assess the impact of various economic scenarios on the bank’s financial health. Ensure that assumptions are updated, relevant and agreed upon by business unit leaders, at all times.
- Proactively identify gaps in the forecast to the plan and notify management with proposals and suggestions of closing the gaps.
- Manage the FTE models and be a key contributor to other overhead expense analytics, offering valuable insight to internal business stakeholders and budget owners.
- Supporting the ICAAP process by modelling and stress testing each of the scenarios, ensuring that stakeholders are in agreement with assumptions and inputs.
Financial Systems & Data:
- Supporting the automation and leveraging software and technology enhancements in areas relating to planning, forecasting and business analysis.
- Oversee the collection, validation and management of financial data used in modeling, ensuring accuracy and integrity.
- Actively working with the Director, Finance Data and Transformation to identify opportunities for automation of FP&A functions to enhance accuracy and speed of FP&A deliverables
Financial Analysis and Reporting:
- Conduct in-depth financial analysis, including variance analysis, trend analysis, and scenario modelling to identify key financial drivers and performance indicators.
- Preparation of all non-statutory internal management, board performance reporting packages as well as forecasting packages within tight deadlines
- Full analysis of all P&L and Balance Sheet line items, with a major focus on actuals against targets / plan as well as actuals vs forecast.
- Liaising with Controller to understand accounting changes and reporting of actuals results and their impact to forecast and performance reporting
- Analyze various business initiatives against financial targets and KPIs
- Support product-based P&Ls, inclusive of direct and indirect cost allocations
Strategic Initiatives Support:
- Measure and offer business insights into the strategic initiatives of the company to support decision-making.
- Support modelling processes / techniques to connect activity-based revenue and expense margins to overhead costs to offer significant value-add service to decision makers managing the business.
Risk Management:
- Assist risk management with ICAAP and stress testing programs.
- Assist in maintaining compliance policies, standards, and processes.
- Complete regulatory, compliance and risk management training.
- Complete and review model documentation in conjunction with Senior Analyst
What You’ll Need to Succeed
- Undergraduate Degree in Business Administration, Finance or Accounting
- A CPA, CFA, or MBA designation
- 6-8 years of progressive FP&A and finance experience with experience in the financial services industry a plus
- 3+ years of people leadership (direct or indirect) and team management
What Sets You Apart
- Strong knowledge of banking operations, financial regulations, and risk management
- Excellent analytical, budgeting, modeling, and forecasting skills.
- Proficiency in Office 365 and other financial software
- Strong communication skills to explain financial performance to finance and non-finance stakeholders
- Knowledge of NetSuite and NetSuite Planning & Budgeting is an asset
- Motivated and self-starter with propensity to learn and modernize the FP&A function
Our Values and What We Offer at RFA
At RFA, we live by our core values. These values guide our daily actions and shape our work culture:
- Accountability: You take ownership of your work & its consequences. You always consider risk & make informed decisions.
- Selflessness: You share info & teach others. You’re able to put your ego aside & understand that the best idea wins.
- Inclusivity: You value differing viewpoints & experiences. You understand how this can drive growth & innovation.
- Innovation: You seek opportunity & embrace change. You see tech as a way to enhance productivity & drive profitability.
- Courage: You make tough decisions in our best interest. You see opportunity when faced with challenge or adversity.
- Impact: You value results & your contributions. You rise to the occasion and never settle for sub-par.
- Performance: You embody a competitive spirit, desire to win and strive for executional excellence.
Along with a strong work culture, RFA offers a comprehensive benefits package, including:
- Health & Dental Care
- Vision Care
- RRSP Match
- Health & Wellness Spend
- Vacation & Personal Days
- Hybrid working environment
Ready to take the next step?
If this opportunity excites you and aligns with your skills and aspirations, we’d love to hear about how you can contribute to our team at RFA.
Accessibility
Accommodation is available upon request for applicants and employees with disabilities. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure you have access to a fair and equitable process. Any information received relating to accommodation will be addressed confidentially.
