Finance Senior Manager - 12-month Contract

Scotiabank • Toronto, ON

2d • Onsite

About The Position

The Senior Manager will be a shared resource within the Planning & Forecasting team, supporting three key teams within the group. This role is responsible for delivering accurate, comprehensive, and timely financial analysis to support the Canadian Banking Profit Plan, Forecasts, and ongoing P&L and profitability review. Canadian Banking Finance is a divisional finance function providing financial management and analytical support to Canadian Banking Executive Management, as well as to the Business Line Management in Retail Banking, Commercial Banking, Business Banking and Tangerine. Key areas of focus to support include: Financial Reporting, Planning & Forecasting, Analyzing & modelling the Canadian Bank's results, Monthly and Quarterly financial deck, Ad hoc deep-dive analysis, and Anaplan implementation project support.

Requirements

• University degree (Analytics, Finance, engineering or quantitative discipline)
• Minimum 2 to 4 years of relevant experience at a financial institution
• Strong understanding of margin analysis and funds transfer pricing
• Strong problem solving, quantitative and analytical skills; attention to details; ability to analyze business results and identify issues and trends
• Proficiency in data visualization and creating impactful financial dashboards; advanced skills in Microsoft Excel, Word, PowerPoint, Access, and any other analytical tools are preferred (e.g. Power BI, Python, Alteryx)
• Excellent communication skills; ability to communicate findings/analysis and present ideas in a clear and concise manner

Nice To Haves

• MBA, CFA, or CPA preferred
• Knowledge of Canadian Banking Retail and Commercial banking products is considered an asset
• Prior experience supporting system implementation is an asset

Responsibilities

• Ownership of timely collection of financial and non-financial data from business lines
• Consolidation of business line forecast
• Ensure accuracy and completeness of monthly update
• Complete analytical review to ensure completeness and reasonability of forecast, provide viable solutions to issues raised
• Understand the relevant performance of the business to plan/ actuals
• Prepare monthly and quarterly report (including MMR/QMR and Bluebook) as well as other management reports for Senior Management
• Assist in development of analytics and tools to improve the precision of planning and forecasting processes
• Develop and maintain financial models to support the analysis and forecasting of key business drivers
• Provide insightful and detailed analyses and modelling (ad hoc and regular) to support Director in delivering decision making insights to Senior Management
• Support Director in the information gathering process and analysis for strategic and tactical projects requested by Senior management
• Support in the creation of business requirement and conduct user acceptance testing
• Review and validate model design & data mapping to ensure accuracy & completeness
• Prepare and submit data upload files as required and update project documentation
• Create detailed job aids, training materials, desktop procedures and documentation of the newly implemented reporting and forecasting processes
• Support ad hoc analysis requests as required
• Build and maintain strong working relationships within CB Finance and CB business lines, product groups, Global Risk Management, Treasury, Capital Management and EO Finance
• Work closely with other teams in Canadian Banking Finance to provide additional resourcing and support for special projects or during periods of peak demand
• Maintain an effective system of internal controls over the planning, forecasting and reporting processes for CB and ensure that any EUC requirements and SOX controls are properly addressed

Benefits

• The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
• A rewarding career path with diverse opportunities for professional development.
• Internal development to support your growth and enhance your skills.
• An organization committed to making a difference in our communities– for you and our customers.
• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!

What This Job Offers

• Job Type: Full-time
• Career Level: Senior