Financial Planning and Analytics Manager- Banking exp
- Toronto, ON
- Permanent
- Temps-plein
Length: 10 months contract with a strong possibility of an extension or conversion to a permanent position
Location: Hybrid 4 days onsite, Toronto, ON
LOB: Global Asset Management"The start date of this job is flexible and in order to find the best candidate the job may remain open much longer than the date mentioned on this posting... or you may be asked to start sooner than the expected start date if you are able to do so !"Please read the job description below. If this interests you, please send a MS-Word version copy of your resume (ASAP) along with a telephone contact number: E-mail to hr@teamrecruiter.comPlease mention the job title above in the subject line
The recruiter in charge of this role is FathiyaAfter you have submitted your resume via e-mail please complete the application for this specific job by clicking "Submit Your Resume for this Job" at the bottom of this page to match your resume to the job.If you are interested in further opportunities, why not also do a general registration in our database. By visiting our website and clicking on "Database Registration"If you do not think you are a match for this opportunity, but know someone who is, feel free to forward this email to them and you will be eligible for a referral bonus upon a successful hire.Requirements:
Role Mandate:
Develop detailed financial and economic analysis to assist the designated business portfolio with decision support. Works closely with business leaders and Finance partners to provide financial advice and services that supports the financial management activities of the Group/portfolio. Supports the monitoring and management of financial performance against plans, forecasts, initiatives and objectives. Generates information and insights that support key business decisions to drive value (e.g., revenue growth, cost management, resource allocation, balance sheet optimization, etc.)Candidate Value Proposition (CVP):
This role allows the candidate(s) to work in an established institution and with multiple groups within, which will allow candidate(s) to build effective skills and confidence. The individual is exposed to other lines of business, as there are lots of opportunities for learning, growth, and development. This role will be responsible for forecasting functions associated with the business, including but not limited to, gathering inputs and assumptions, understanding the business needs, revising Outlook monthly, financial reporting, creating reporting materials for management groups, communicating results, completing finance or treasury related requests, involvement in strategic initiatives, and building out financial modelling of business initiatives. There are a lot of opportunities to move on to other teams within the bank, as this candidate will gain exposure to the entire side of the business.Group Culture:
This individual will be working in an established, growing, and friendly environment. MS Teams is available throughout the day for team members to communicate. Teams are very supportive of one another.Role Responsibilities:
Acts as a subject matter expert on relevant regulations and policies
May network with industry contacts to gain competitive insights and best practices
May own internal/external stakeholder relationships
Supports/Leads financial planning, forecasting and performance reviews that utilize plan, forecast and actual financial information to develop annual plans and targets.
Performs variance analyses, and ad-hoc forward-looking analyses to improve understanding of business drivers as well as opportunities to improve performance for product improvement, profit improvement, financial impact of initiatives/strategic business decisions
Supports the development of methodologies and policies to enable analyses and insights focused on financial dimensions (e.g., revenue, expense, balance sheet, capital, etc.)
Determines the financial impact of initiatives/ strategic business decisions, and incorporate the impacts into future financial forecasts/plans.
Assesses reasonableness of business cases and performs due-diligence during Investment reviews and approvals processes
Works with the business to align key performance indicators with financial forecasts and plans
Breaks down strategic problems, and analyses data and information to provide financial insights and recommendations
Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information
Integrates information from multiple sources (e.g. financial and operational systems) to enable more efficient processes, enhanced analysis and/or streamlined reporting
Monitors and tracks performance, and addresses any issues
Acts as a trusted financial advisor to assigned business/group
Influences and negotiates to achieve business objectives
Recommends and implements solutions based on analysis of issues and implications for the business
Assists in the development of strategic plans
Identifies emerging issues and trends to inform decision-making e.g., economics, treasury, competitor information
Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus
Provides specialized consulting, analytical and technical support
Exercises judgment to identify, diagnose, and solve problems within given rules
Works independently and regularly handles non-routine situations
Broader work or accountabilities may be assigned as neededQualifications:
Must-Have Skills
Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
Experience within asset management in a manager capacity
Experience FP&A (Financial planning & analysis), preferably in banking
Experience in financial planning and forecasting
Proficient in MS Office
Deep knowledge and technical proficiency gained through extensive education and business experienceNice-to-Have Skills
Accounting
AnaPlan/EssbaseSoft-Skills
Verbal & written communication skills - In-depth
Collaboration & team skills - In-depth
Analytical and problem solving skills - In-depth
Influence skills - In-depth
Data driven decision making - In-depth
Strong attention to detail
Ability to work independently
Problem-solver - ability to take on the role and find sensible solutionsEducational Background:
Post-secondary degree / diplomaInterview:
1st round 45 minutes ONSITE
Potential 2nd roundPlease note that this is the most up to date version of job description available at this time - During Client Interview you will receive additional information - variance may apply!When you have some time please register in our database (5 minutes process) to be considered for future openings; the link is available on our website at http://www.teamrecruiter.com in the Candidate section. Please follow us on LinkedIn at https://www.linkedin.com/company/teamrecruiter.com/, or on Twitter at https://twitter.com/TeamRecruiter.We thank all applicants for their interest. Only those who meet the qualifications will be contacted through telephone/email. You are encouraged to register with us in our database to be considered for future positions available.Have a great day.At Teamrecruiter.com we offer some of the most highly qualified professionals in the workforce. We dedicate an industry trained recruitment specialist to the following areas: IT, Finance, Admin, Sales, Executive Search and Contractors. If you would like to learn more about our full-service recruiting firm please visit our website at www.teamrecruiter.com.CAMSC and ACSESS certified"...All Offers are conditional on Client Post-Offer Conditions being met and removed by end client prior to written offer signing""Please note that emails from our Recruitment Firm may inadvertently be sent to your Spam Folder. When contacted regarding an employment opportunity, please keep an eye on your Spam/Junk Folder to avoid missing important communication."THE EMPLOYER OF RECORD FOR THIS ROLE WILL BE TEAM RECRUITER / SE.Accommodations are available upon request for all individuals with disabilities taking part in the recruitment and selection process.