Head of Planning and Management Control

Groom & Associés / Associates; Montreal; Hybrid; CAD 170,000 - 175,000; Full time

Benefits offered by this job

RRSP matching

4 weeks vacation

Benefits package

Job summary

Groom & Associés / Associates in Montreal seeks a strategic Head of Planning and Management Control to lead the department that produces comprehensive reports for Head Office and local managers. You will coordinate budgets, forecasting, and monthly closes while acting as the primary interface between local business lines, support functions, and Finance.

With 10–15 years of experience and strong Excel/PowerPoint skills, you will oversee a team of nine across three locations, drive dashboards for

Qualifications

• Bachelor's Degree required.
• 10–15 years of relevant professional experience.
• Advanced proficiency in Microsoft Excel and PowerPoint.
• Expertise in Essbase (not must have).
• Comprehensive knowledge of Corporate banking organizational structure.
• Strong understanding of accounting norms and standards (GAAP / IFRS).
• Expertise in corporate banking Management Control norms and standards.

Responsibilities

• Coordinate monthly close meetings and oversee monthly P&L forecasts for ALM used in Head Office hedging of NY results.
• Manage J-15 quarterly forecasts and other forecasts for Head Office.
• Coordinate and produce the annual budget process across the Americas region.
• Ensure accurate monthly data production in accordance with Head Office timelines.
• Prepare local dashboards on a monthly/quarterly basis for corporate banking Americas Management Committee, CA Securities (USA) Inc. Board Meeting, and regulatory bodies.
• Review and publish monthly analysis of the P&L prepared by the team.
• Respond to Head Office and CFO inquiries as needed.
• Ensure proper monthly bonus accruals for USA operations.
• Process monthly closing entries for Financing activities.
• Serve as key FIX contact for CUSO Management.
• Prepare monthly CUSO recharges and semi-annual billing, responding to inquiries as needed.
• Manage and develop a team of 9 professionals across three locations.
• Delegate effectively and foster cross-disciplinary collaboration.

Skills

Advanced Excel

PowerPoint

Analytical thinking

Decision making

Leadership

Education

Bachelor's Degree

Tools

Essbase

Job description

A large international financial institution operating across multiple regions, serving corporate, institutional, and commercial clients. The organization provides services in investment banking, capital markets, structured finance, commercial banking, and international trade within a highly regulated global environment. Position: Head of Planning and Management Control

Title: Head of Planning and Management Control

Location: Montreal

Work model: Hybrid, 2 days remote work allowed, in-office to start for training

Type of position: Full time, permanent

Salary: 170k-175k + 25% bonus + 4 weeks vacation. They offer a great benefits package. RRSP matching, you contribute 2% and they contribute 8%.

Role: The Planning and Management Control department produces comprehensive reports for Head Office and local managers, delivers monthly commentaries on the banks's Americas activities, and coordinates annual budgets. The team controls regional expenses, manages expense allocations, handles forecasting, and processes monthly closing entries for Financing activities while serving as the primary interface between local business lines, support functions, and Finance on all finance-related matters.

Department: FIX – Management Reporting

Reports To: CFO America

Team Size: 9

Primary Responsibilities

• Coordinate monthly close meetings and oversee monthly P&L forecasts for ALM used in Head Office hedging of NY results.
• Manage J-15 quarterly forecasts and other forecasts for Head Office.
• Coordinate and produce the annual budget process across the Americas region.
• Ensure accurate monthly data production in accordance with Head Office timelines.

Management Reporting & Analysis

• Prepare local dashboards on a monthly/quarterly basis for corporate banking Americas Management Committee, CA Securities (USA) Inc. Board Meeting, and regulatory bodies.
• Review and publish monthly analysis of the P&L prepared by the team.
• Respond to Head Office and CFO inquiries as needed.

Operational Management

• Ensure proper monthly bonus accruals for USA operations.
• Process monthly closing entries for Financing activities.
• Serve as key FIX contact for CUSO Management.
• Prepare monthly CUSO recharges and semi-annual billing, responding to inquiries as needed.
• Manage and develop a team of 9 professionals across three locations.
• Delegate effectively and foster cross-disciplinary collaboration.

Key Internal Contacts

• New York CFO
• Management Reporting teams in Paris
• US Management Committee members
• Other Finance Teams
• US IT, HR and Risk departments

Qualifications & Experience

Education

• Bachelor's Degree (required).

Professional Experience

• 10–15 years of relevant professional experience.
• Advanced proficiency in Microsoft Excel and PowerPoint.
• Expertise in Essbase. (not must have)
• Comprehensive knowledge of Corporate banking organizational structure.
• Strong understanding of accounting norms and standards (GAAP / IFRS).
• Expertise in corporate banking Management Control norms and standards.

Analytical & Decision-Making

• Strong ability to analyze and summarize complex information.
• Effective prioritization and autonomous work capabilities.
• Excellence in decision-making and issue resolution.
• Proven ability to work successfully in team environments.
• Strong delegation and cross-disciplinary cooperation skills.
• Capacity to develop team members.
• Flexibility to adapt to changing business environments.
• Ability to lead a department transformation project (IT tools, reporting support, etc.).
• Ability to structure an activity conducted from different locations, including organization, policies, and procedures.