COMPANY INFORMATION:

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.
We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.
We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit www.cibcmellon.com/experience.

POSITION OVERVIEW:

As a key member of the Client and Product Profitability team, conduct profitability analysis for existing clients, prospective clients, and products. Manage the ongoing evolution of the cost model based on Activity Based Cost principles and the evolving service operating model at CIBC Mellon. Analysis will lead to key insights allowing for proactive management actions. The nature of the role requires a combination of finance and accounting skills along with a solid understanding of database principles.

QUALIFICATIONS:

• Undergraduate business degree with or working towards a professional accounting designation (CA, CGA or CMA) or CFA or MBA
• 3-5 years of progressive experience in accounting, financial planning, analysis and management financial reporting
• Advanced skills in Excel, database knowledge (Access), and experience with Tableau
• Deep understanding of Activity Base Costing principles and application
• Strong analytical and problem-solving skills along with excellent interpersonal skills including written and oral communication ability
• Experience in a similar role preferably in the financial services industry
• Exposure to integrated ERP systems; SAP PCM or SAS CPM; data extraction (Extract, Transform, Load)

• Prepare client and product profitability (CPP) reports by consolidating data from various sources, update and upload inputs to the CPP models and validate results.
• Provide senior leadership team with informative business commentary of the client and product profitability (CPP), highlighting opportunities for growth and improvements.
• Conduct financial reviews of business cases, repricing analysis, upsell / cross-sell opportunities and ad-hoc analysis for various strategic initiatives to drive improvement in revenue and profitability.
• Assist in preparing communications and presentation for senior leadership to share insights on both scheduled and ad-hoc basis, including client dashboards, trend & scenario analysis, cost-benefit analysis, variance analysis and driver-based modeling.
• Work closely with senior leaders in Finance and business units to work cross-functionally and use data insights to drive better decision-making across the whole organization.
• Implement, maintain and enhance management reporting formats, controls and processes, in consideration of internal, regulatory and compliance requirements (i.e. Shareholders, Board, OSFI, etc.) and drive continuous improvement through automating functions and finding scalable solutions.