Manager, Financial Planning and Analysis

BMO•Toronto, ON

1d•CA$75,900 - CA$141,900•Onsite

About The Position

Develops 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 service 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., cost management, resource allocation, etc.). 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. Determines the financial impact of initiatives/ strategic business decisions, and incorporate the impacts into future financial forecasts/plans. 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 needed.

Requirements

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.
Deep knowledge and technical proficiency gained through extensive education and business experience.
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.

Nice To Haves

Leverage AI/automation (e.g., Python, Power BI, Copilot) to streamline financial processes, identify cost optimization opportunities, and deliver actionable insights across business units.
Knowledge of Power BI an asset
Knowledge of Confluence and JIRA are assets
Practical use of CoPilot and other AI tools an asset.

Responsibilities

Develops 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 service 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., cost management, resource allocation, etc.).
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.
Determines the financial impact of initiatives/ strategic business decisions, and incorporate the impacts into future financial forecasts/plans.
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.