Associate Director, Financial Planning & Analysis

Equitable Group; Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a dynamic AD/Sr. Manager for Financial Planning & Reporting. This pivotal role involves enhancing financial models, conducting in-depth analysis, and leading a dedicated team within a collaborative environment. With a focus on innovation and efficiency, you'll work closely with senior leadership to drive key decisions that shape the future of banking. If you are passionate about financial analysis and thrive in a fast-paced setting, this opportunity is perfect for you. Join a company that values diversity and offers a hybrid work environment, competitive bonuses, and professional development.

Benefits

Competitive bonus

RRSP match

Comprehensive benefits

Employee share plan

Generous vacation

Professional development

Qualifications

• 8+ years of experience in financial planning and reporting.
• Supervisory experience with strong analytical and communication skills.

Responsibilities

• Develop and maintain financial models for reporting.
• Analyze financial data and present insights to management.
• Foster a positive team environment and coach team members.

Skills

Financial Modeling

Analytical Skills

Advanced Excel

Communication Skills

Problem-Solving

Education

Bachelor's Degree in Accounting, Finance, Economics, or Business

MBA/CPA/CFA

Tools

SQL

Job description

Join a Challenger

We are a forward-thinking bank committed to innovating the banking experience because Canadians deserve better options. Our team comprises inquisitive and agile minds dedicated to transforming banking through creativity and challenge. If you're eager to take on big challenges and shape the future, you belong with us. We foster a fun, collaborative environment that encourages questions and continuous learning.

We are a growing family serving over 670,000 Canadians via Equitable Bank, Canada's Challenger Bank, with over 50 years of history. Our subsidiary, Concentra Bank, supports credit unions across Canada serving more than six million members. Together, we manage over $125 billion in assets, driving change to enrich lives. Our digital platform, eqbank.ca, has been named among Canada's top banks on the Forbes World's Best Banks list since 2021.

The Work

This role is pivotal within the Financial Planning and Reporting team at one of Canada's fastest-growing financial institutions. The AD/Sr. Manager, Financial Planning & Reporting, will utilize financial modeling and analytical skills to develop and enhance models and reports that inform key management decisions.

The successful candidate must demonstrate strong organization and multitasking skills, work independently with initiative, and pay close attention to detail. Although the role supervises two direct reports, a hands-on approach is essential. Excellent interpersonal and communication skills are required to collaborate with department heads and leadership. The ability to gather and document requirements effectively is crucial.

Core Responsibilities

• Support the Personal Lending, Payments, and Digital Bank portfolios, primarily supporting the Head of Personal Business.

Maintenance of Financial Models (25%)

• Collaborate with senior management to gather assumptions for financial models.
• Develop and maintain models for monthly, quarterly, and annual reporting.
• Ensure accuracy of data extraction and model outputs, employing advanced Excel skills.
• Review work of junior analysts and associates.

Financial Analysis and Ad hoc Reporting (35%)

• Collect, analyze, and consolidate financial data and KPIs.
• Present insights and recommendations to management regularly.
• Prepare specific reports for portfolios, KPIs, and ad hoc requests.

Enhance Financial Analysis and Processes (25%)

• Work with senior leadership to improve models, analysis, and reporting processes.
• Implement process improvements to increase efficiency and reduce manual effort.

Leadership (15%)

• Foster a positive team environment, resolve conflicts, and coach team members.
• Promote diversity, equity, and inclusion.
• Ensure accountability and open communication within the team.

Qualifications

• Four-year degree in Accounting, Finance, Economics, or Business; MBA/CPA/CFA preferred.
• At least 8 years of relevant experience, including supervisory experience.
• Knowledge of mortgage and personal banking products.
• Advanced Excel skills, experience with SQL is an asset.
• Strong analytical, problem-solving, and communication skills.

What We Offer

• Competitive bonus, RRSP match, comprehensive benefits, employee share plan.
• Generous vacation, professional development, and a hybrid work environment based at 2200-25 Ontario Street, Toronto.

Equitable Bank values diversity and is committed to an inclusive, accessible workplace. Accommodations are available upon request. All candidates must pass background and credit checks. Only suitable candidates will be contacted. We look forward to meeting you!