Financial Planning & Analysis Manager

Citizens Business Bank; Ontario; On-site; CAD 154,000 - 229,000; Full time

Job summary

An established industry player is seeking a skilled finance professional to manage comprehensive planning and financial analysis. This role involves collaborating with executive management to drive strategic growth, ensuring compliance with policies, and leading the financial planning & analysis (FP&A) department. The ideal candidate will excel in project management, possess strong analytical skills, and demonstrate the ability to communicate effectively at all levels. Join a dynamic team where your contributions will directly impact the company's financial health and strategic direction.

Qualifications

• 5+ years of progressive finance experience with FP&A.
• Proven ability to customize complex financial models.
• Strong organizational skills to manage multiple projects.

Responsibilities

• Manage operational and functional planning, budgeting, and forecasting.
• Provide financial support for long-range planning and forecasting.
• Lead financial analysis processes for capital expenditure decisions.

Skills

Financial Analysis

Strategic Analysis

Project Management

Leadership

Communication Skills

Analytical Skills

Education

Bachelor's degree in Finance or Accounting

MBA, CFA or CPA preferred

Tools

Microsoft Excel

SQL

Crystal Reports

Microsoft PowerPoint

Microsoft Word

Job description

Exact compensation may vary based on skills, experience and/or education, and location. This position is also eligible for an annual bonus.

Summary

This position is responsible for managing and providing comprehensive planning, forecasting, and financial analysis and support to various business functions and Executive Management, which is consistent with the overall strategic growth of the company and aligned with creating value for shareholders.

Essential Duties and Responsibilities include the following:

• Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job.
• Lead, coordinate and manage operational and functional planning, budgeting and forecasting to facilitate effective annual budget development, interim and long-term strategic forecasts
• Lead overall Company Capital Stress Testing initiative, including the production of PPNR forecasts, loss projections, and aggregation with the ALM model to produce an overall Capital Stress Test and resulting executive and board reporting
• Lead, coordinate and manage the financial analysis processes for the annual capital expenditure (Capex) budget, asset optimization and other major capital decisions of the company in a manner consistent with the Company’s policies and procedures
• Serve as a key strategic resource to the Executive Team and business unit leaders on a full range of corporate finance activities, including financial analysis, business analysis and strategy analysis in a manner consistent with the Company’s policies and procedures
• Provide financial support and oversight to short and long range financial planning, quarterly forecast cycles and sensitivity analyses that assess the viability of existing operations with consideration for the impact to annual financial forecast, bank covenant compliance and operational metrics
• Manage the preparation of the Board of Directors financial reporting to provide relevant and timely information in support of the executive management relevant and timely information in support of the executive management
• Maintain a communications strategy to inform Executive Level Management on actual financial results, including milestone progress and adherence to approved budgets, as well as overall Key Performance Indicators
• Collaborate with Executive and Senior management to ensure consistent, balanced, data-driven business & financial plans which accurately inform Executive Management’s decisions on resource allocation and performance management
• Member of ALCO Committee
• Manage the overall corporate FP&A department functions and staff, including but not limited to, budgets, forecasts, staffing, compensation and performance management to ensure company initiatives are met
• Provide, present and promote The Citizens Experience to all external and internal customers.
• Other duties as assigned.
  
  

Supervisory Responsibilities

This job has supervisory responsibilities.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Demonstrated excellence and versatility in undertaking financial and strategic analysis, particularly in selecting and applying appropriate principles to specific issues and in developing an opinion based on their analysis
• Proven ability to use/customize complex financial models, as well as familiarity with financial concepts, practices and procedures
• Demonstrated ability to multi task, work effectively in a high production environment, and respond quickly and productively under pressure, tight timelines, and changing priorities
• Executive-level presentation skills and the demonstrated ability to interact and communicate (verbal & written) effectively with all levels of the organization
• Superior project management, analytical, organizational and problem-solving skills, with demonstrated ability to provide creative solutions to real-time challenges
• Ability to properly manage and prioritize resources, people and projects
• Team player, with strong leadership skills, who can operate effectively within a matrix management environment
• Advanced computer skills and experience with software applications used for financial reporting, forecasting, or budgeting
• Internally motivated and proactive to seek out alternative ideas to improve the efficiency and effectiveness of the group through the development of new skills, generation of new ideas and ability to drive change.
  
  

Education And/or Experience

• Finance or Accounting Bachelor's degree (B. A. or B.S.) from a four-year college or university. MBA, CFA or CPA preferred.
• 5+ years of progressive finance experience with FP&A; includes a minimum of 2+ years related experience in Banking/Financial Institution.
  
  

Other Qualifications/Skills

• Extensive knowledge of forecasting and budgeting planning cycles.
• Strong knowledge of Bank balance sheet and P&L structures.
• Solid understanding of US GAAP.
• Strong skills in building informative reports, including usable templates for business units.
• This position requires strong organizational skills with the ability to effectively manage and prioritize multiple tasks and/or projects with competing demands and timelines.
• Excellent communication skills (oral and written) as well as the ability to interact with all levels of management.
• Strong analytical skills with the ability to anticipate, identify and resolve complex financial issues.
  
  

Language Skills

This position requires strong communication skills, both written and oral, with the ability to write reports, business correspondence, project plans and procedure manuals, as well as the ability to effectively present information and respond to questions effectively. Requires the ability to read, analyze, and interpret general business periodicals, professional journals, technical literature, and government regulations.

Mathematical Skills

Requires strong analytical skills with the ability to work with mathematical concepts, such as probability and statistical inference, as well as the ability to apply these concepts to provide practical solutions.

Reasoning Ability

Requires strong analytical skills with the ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Computer Skills

To perform this job successfully, an individual should have a strong understanding of budgeting, forecasting and profitability models; SQL, Repot Writing tools (Crystal), advanced modeling skills using Microsoft Excel and Access, Microsoft PowerPoint and Microsoft Word.

Physical Demands The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the associate is regularly required to use hands to handle, or feel; reach with hands and arms and talk or hear. The associate is frequently required to sit. The associate is occasionally required to stand; walk and stoop, kneel, crouch, or crawl. The associate must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus.

Work Environment The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

Salary Range: $154,579.00 To $228,004.00 Annually

40 hours per week.