- Salary
- $115k – $135k
- Location
- Toronto, Ontario, Canada
- Department
- Corporate
- Seniority
- Manager
- Source
- Greenhouse
Description
ABOUT ONEX:
Onex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients across the globe. Formed in 1984, we have a long track record of creating value for our clients and shareholders. Onex became a public company in 1987 and is listed on the Toronto Stock Exchange under the symbol ONEX. Onex’ two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors and invest them, along with Onex’ own investing capital, through the funds of our private equity platforms: Onex Partners and ONCAP. Similarly, in Credit, we raise and invest capital across several private credit, liquid credit and public equity strategies.
Our investors include a broad range of global clients, including public and private pension plans, sovereign wealth funds, insurance companies, family offices and high net worth individuals. Onex has $56 billion in assets under management, of which $9.4 billion is Onex’ own investing capital. We generate value for our shareholders through two segments: Investing and Asset Management.
To explore more opportunities at Onex, visit: https://job-boards.greenhouse.io/onexgeneral.
The Opportunity:
Onex is currently seeking a Manager to join the Financial Planning & Analysis (FP&A”) team. The FP&A team provides critical financial reporting, analysis and insights that support strategic decision-making across the firm. Reporting to the Vice President, FP&A, the Manager will play a key role in leading core planning, forecasting and management reporting activities while partnering with stakeholders across the broader organization. This position offers significant exposure to senior management and an opportunity to influence business decisions through high-quality financial analysis, thoughtful insights and effective communication. The successful candidate will take ownership of key FP&A deliverables, drive improvements to reporting and analytical processes, and act as a trusted finance partner to stakeholders across the firm. The role requires a strong financial and analytical foundation, sound judgment, attention to detail, and the ability to manage multiple priorities in a dynamic environment.
The Manager will be part of a broader FP&A team and will work closely with colleagues across the function, leveraging the team’s collective expertise and resources to deliver key priorities. The role will also collaborate extensively with stakeholders across Corporate Finance and the broader organization.
Key Responsibilities:
Long-Term Financial Model Ownership
- Own and maintain Onex' long-term corporate financial model, integrating fee-related earnings, carry/investment income, capital deployment and balance sheet projections into a coherent multi-year view.
- Serve as the primary point of contact for long-term model outputs, ensuring assumptions are current, well-documented and defensible to senior management and the Board.
- Stress-test the model under alternative fundraising, deployment/realization and market scenarios, and translate results into clear implications for capital allocation and strategic planning.
- Continuously refine model architecture and inputs to reflect evolving fund structures, new investment strategies and changes in the business.
Investing Capital Schedule Ownership
- Own and maintain Onex' investing capital schedule, tracking committed, deployed and available capital across funds and strategies.
- Provide analysis and recommendations to senior management on capital allocation priorities across competing strategic initiatives.
- Monitor available capital and upcoming funding requirements, proactively flagging constraints or timing issues to senior management.
- Calculate and monitor returns on Onex' investing capital, including IRR, MOIC and other relevant performance metrics across investments, funds, verticals, and strategies.
- Review and report on performance against relevant benchmarks, both at the fund level (e.g. peer funds, public market equivalents) and for Onex' investing capital overall, highlighting outperformance, underperformance and key drivers.
Corporate Planning and Forecasting
- Manage key aspects of the annual revenue budgeting process, periodic forecasting cycles and long-range planning activities.
- Partner with business stakeholders to develop assumptions, challenge inputs and ensure revenue forecasts appropriately reflect expected business performance.
- Own fundraising actuals and forecast, tracking capital raised against targets across funds and providing senior management with timely visibility into pacing, pipeline and expected closes.
- Conduct scenario analysis and stress testing of budgets and forecasts under varying market, fundraising and deployment conditions, highlighting sensitivities and downside risks to senior management.
- Monitor performance against budgets and forecasts, proactively highlighting risks, opportunities and key drivers to management.
- Support the continued evolution of planning methodologies, processes and reporting frameworks.
Strategic and Ad Hoc Analysis
- Lead and execute ad hoc financial analyses to support strategic initiatives, business planning and senior management decision-making.
- Partner with stakeholders across business functions to evaluate business performance, identify trends, assess risks and opportunities, and support key projects.
- Develop analyses, recommendations and presentation materials for senior leadership and executive stakeholders.
- Apply judgment and commercial awareness to identify issues, frame analyses and recommend appropriate courses of action.
Investor Relations and External Reporting
- Lead or support the preparation of financial analyses and supporting materials for external reporting requirements, investor communications, presentations and other stakeholder deliverables.
- Coordinate with relevant internal teams to support the preparation and review of quarterly reporting materials and other public disclosure requirements.
- Ensure financial information used in external-facing materials is accurate, consistent and appropriately supported.
Process Improvement and Technology Enablement
- Identify and lead opportunities to improve reporting processes, data quality, controls and operational efficiency through automation and enhanced use of financial systems and analytical tools.
- Leverage advanced Excel and Power BI capabilities to develop financial models, automate reporting, create dashboards and deliver meaningful business insights.
- Evaluate and implement appropriate uses of AI-driven technologies and automation tools to enhance team efficiency, reporting accuracy and scalability.
- Promote disciplined processes, documentation and controls across FP&A activities.
Team and Stakeholder Leadership
- Direct and review the work of a junior team member supporting the analyses and deliverables outlined above, ensuring quality, accuracy and appropriate development of the team member's skills over time.
- Build strong working relationships with stakeholders across the broader organization, serving as a trusted and responsive finance partner.
- Coordinate multiple workstreams and priorities, ensuring high-quality deliverables are completed accurately and on time.
- Contribute to a collaborative, high-performing team environment and support broader FP&A and Corporate Finance initiatives as required.
Candidate Profile:
- Bachelor’s degree in Finance, Economics, Business or a related field.
- CFA designation or progress toward it is an asset; CPA is not required.
- Approximately 5+ years of relevant experience in FP&A, investment banking, M&A, transaction advisory, or private equity/deal execution, with demonstrated progression in responsibility.
- Experience building or maintaining complex financial models (LBO, DCF, corporate/long-term models) is essential.
- Advanced proficiency in Excel, including financial modeling, data analysis and reporting; experience with Power BI or other data visualization tools is strongly preferred.
- Experience providing guidance, review or mentorship to junior team members is considered an asset.
- Experience using AI-driven tools, automation or emerging technologies to improve process efficiency, reporting capabilities and data-driven decision-making.
- Strong financial and commercial acumen developed through deal execution, transaction analysis or investment work, with a solid grounding in accounting concepts and financial statement mechanics.
- Strong understanding of accounting principles, financial statements, budgeting, forecasting and management reporting.
- Demonstrated ability to independently manage complex financial analyses and translate findings into clear, actionable insights and recommendations.
- Strong stakeholder management skills, with the ability to communicate effectively and build credibility with senior leaders and cross-functional partners.
- Proven ability to manage multiple priorities, exercise sound judgment and consistently deliver high-quality work in a fast-paced environment.
- Strong analytical, problem-solving and critical-thinking skills, with a high degree of intellectual curiosity.
- Exceptional attention to detail and a strong commitment to accuracy and quality.
- Ability to synthesize complex financial information and present conclusions and recommendations confidently to senior management and other key stakeholders.
- Demonstrated initiative, ownership and accountability, with the ability to operate effectively in an environment with evolving priorities and a mix of recurring and ad hoc responsibilities.
Additional Information:
The expected base salary range for this position is C$115,000 - $135,000 on an annualized basis, with eligibility for variable compensation in addition to base salary.
All-in compensation may vary based on several factors, such as relative experience, education level attained, certification(s), geographical location, etc. to account for local market conditions.
This position is for a current vacancy.
#LI-DNI
Our Team & Commitment:
Onex is led by the firm’s CEO, Bobby Le Blanc, as well as experienced leaders at each of our businesses and approximately 340 employees across offices in Toronto, New York, New Jersey and London. Our culture is guided by our strong commitment to accountability, intellectual honesty and respect for all our partners and stakeholders. Onex was formed on principles of entrepreneurialism and responsible investing and our team is united in recognizing the value of collaboration, diversity of perspective and background, and an inclusive environment. Our team is a critical factor in our success, and attracting and retaining the best people is an important competitive advantage. Also important to our long-term success is the alignment of interests between the Onex management team, the Onex Board of Directors, shareholders and our limited partners. Many members of our management team and Board of Directors own Onex shares and invest meaningfully in our funds. We believe this practice creates stronger alignment with both our limited partners and shareholders.
Diversity Equity & Inclusion:
Onex recognizes that a diverse team and inclusive environment is a competitive advantage and contributes to our innovation and success as an investor and asset manager. We believe the competitive advantage offered by a multitude of perspectives enhances problem-solving and decision making and ultimately, better performance for Onex and its shareholders, investors, clients, and stakeholders, as well as the communities we serve. Onex’s commitment to diversity and inclusion includes increasing our focus on attracting and retaining employees from diverse backgrounds, creating additional awareness of diversity issues and benefits, fostering and inspiring a more supportive environment where inclusivity is expected and prioritized, and embedding accountability for diversity throughout the firm.
Onex’s Employee Resource Group (ERG) Leadership Forum is chaired by our CHRO, with participation by our CEO and ERG Team Leaders. The Forum provides a structured opportunity for ERG coordination, employee feedback, and direct dialogue with senior leadership, helping ensure that the experiences and insights of Onex’s ERG communities continue to inform broader diversity and inclusion strategy and decision-making.
Our firm is an equal opportunity employer. We are committed to providing equal employment opportunities regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, veteran status, or any other characteristic protected by applicable law. If you require accommodations at any stage of the recruitment process, please contact [email protected].
Applicants must be legally entitled to work in the country where the role is based, or eligible for any necessary work authorization or permit.
Sustainability:
Onex is committed to delivering value for all our stakeholders through responsible governance practices and by integrating sustainability-related risks and opportunities into our investment process. Onex’ approach to sustainability follows our Sustainability Policy and Climate Strategy, which is led by the Head of Sustainability and overseen by Onex’ CFO, with support from the Sustainability Committee, which includes members from each business platform and key supporting functions.
To remain aligned with emerging best practices, we participate in several industry initiatives, including the ESG Data Convergence Initiative (“EDCI”), Initiative Climat International (“iCI”), the Principles for Responsible Investment (“PRI”), and the IFRS Sustainability Alliance, among others. Further information on Onex’ Sustainability Policy and Climate Strategy can be found on our website. www.onex.com.
