One of our banking clients is looking for a Financial Planning and Analytics Manager- Banking exp
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

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.

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 experience

NICE-TO-HAVE SKILLS

• Accounting
• AnaPlan/Essbase

SOFT-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 solutions

EDUCATIONAL BACKGROUND:

• Post-secondary degree / diploma

INTERVIEW:

• 1st round 45 minutes ONSITE
• Potential 2nd round
  URGENT: Please read the job description above. If this interests you, apply to the job with your most updated resume, including your contact number and email address.
  The recruiter in charge of this role is Fathiya
  If you do not think you are a match for this opportunity, but know someone who is, feel free to forward this job description to them and you will be eligible for a referral bonus upon a successful hire.
  Please 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!
  Please note: Adherence to our end client’s vaccination policy is a requirement.
  Please visit the TEAMRECRUITER website to review other CAREER OPPORTUNITIES!
  Job Type: Fixed term contract
  Contract length: 10 months
  Pay: $54.25-$59.25 per hour
  Work Location: In perso

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.)

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 needed