Director, Financial Planning & Analysis

Scotiabank; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

Join a leading bank as the Director of Financial Planning and Analysis in Toronto. This role involves leading financial planning activities, enhancing financial models, and supporting strategic projects. Ideal candidates will have extensive experience in managerial accounting and financial management, with strong analytical skills and proficiency in financial systems. The position offers a collaborative environment and competitive rewards.

Benefits

Performance Bonuses

Employee Share Ownership

Pension Matching

Health Benefits from Day One

Qualifications

• Minimum of 7 years' experience in a related role.
• Exceptional modeling skills and proficiency in Excel.

Responsibilities

• Lead FP&A activities including planning, forecasting, and reporting.
• Manage annual profit plans and forecasts, ensuring budget compliance.
• Prepare monthly and quarterly reports, KPIs, and dashboards.

Skills

Managerial Accounting

Financial Management

Analytical Skills

Communication

Process Management

Tools

Excel

OBI

Hyperion

Smartstream

Anaplan

Job description

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Requisition ID: 225112

Join a purpose-driven, results-oriented team committed to an inclusive and high-performing culture.

The Director, Financial Planning and Analysis is a key member of Canadian Banking Finance, providing financial support to Canadian Commercial & Business Banking. This role contributes to strategic direction, results, and the integrity of financial systems and reporting within the business line. The position supports and leads in the following areas:

1. Lead FP&A activities including planning, forecasting, and reporting of business line results.
2. Enhance financial models and reporting packages for planning, tracking, and performance reporting.
3. Improve financial planning and analysis, including the rollout of new tools and forecasting processes.
4. Provide deeper financial insights focusing on product, segment, and channel profitability.
5. Support stakeholder management within the business line, finance, and support functions.
6. Collaborate with key partners in business, portfolio management, treasury, strategy, and operations.

In this role, the incumbent will work with leaders across various departments and lead multiple projects.

Is this role right for you? In this role, you will:

1. Champion a customer-focused culture to deepen relationships and leverage broad bank resources.
2. Manage annual profit plans and forecasts, ensuring budget compliance.
3. Oversee accurate forecasts by monitoring trends and liaising with field and partners.
4. Identify drivers, resolve concerns, and provide insights and recommendations to leadership.
5. Work with stakeholders to ensure effective and timely execution of initiatives.
6. Lead the rollout of new planning tools and enhance financial reporting and KPIs.
7. Prepare monthly and quarterly reports, KPIs, and dashboards.
8. Review actuals versus plans, ensuring data accuracy and proper explanations.
9. Build and maintain strong relationships within the organization.
10. Evaluate and suggest alternatives to meet objectives efficiently.
11. Support strategic projects and business case development.
12. Ensure operational compliance with the bank's values, policies, and risk controls.
13. Promote a high-performance, inclusive work environment.

Do you have the skills to succeed? We’d love to work with you if you have:

1. A minimum of 7 years' experience in a related role with strong managerial accounting and financial management skills.
2. Exceptional modeling skills, proficiency in Excel, and experience with systems like OBI, Hyperion, Smartstream, Anaplan.
3. Attention to detail with strong analytical and presentation skills, including PowerPoint.
4. Proactive communication skills, both verbal and written.
5. Strong process management, planning, and organizational skills.
6. Understanding of the bank’s financial policies and procedures.
7. Flexibility to adapt to changing tasks and demands.
8. High curiosity, energy, commitment, and teamwork orientation.

What’s in it for you?

• An inclusive, collaborative environment that fosters creativity and celebrates success.
• Competitive rewards: Performance bonuses, Employee Share Ownership, Pension matching, Health benefits from day one.
• Opportunities for career development and progression.

#scotiafinancejobs

Location: Toronto, Ontario, Canada

Scotiabank is a leading bank in the Americas, guided by our purpose: "for every future." We support our customers and communities with a broad range of financial services.

We value diverse skills and experiences and are committed to an inclusive environment. If you require accommodations during recruitment, please inform our team. Candidates must apply online. Only selected candidates will be contacted for interviews.