Manager, Cost Analytics (12-Month Contract)

CPP Investments | Investissements RPC; Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

Join a forward-thinking investment organization as a Manager in Cost Analytics. In this pivotal role, you will drive financial discipline by aligning operational strategies with financial goals. Your expertise in cost analysis, budgeting, and reporting will empower the organization to make informed strategic decisions. Collaborate with diverse teams to provide actionable insights and promote continuous improvement in cost management processes. This is an exciting opportunity to contribute to a globally respected institution while fostering a culture of integrity and partnership. If you are passionate about performance and thrive in a dynamic environment, this role is for you.

Benefits

Global career development opportunities

Diverse and inspiring colleagues

Hybrid-flexible work environment

Access to stimulating work in a fast-paced environment

Qualifications

• 5+ years of experience in budget preparation and cost variance analysis.
• Solid problem-solving skills with data manipulation and automation tools.

Responsibilities

• Prepare cost reporting and analysis for internal and external stakeholders.
• Lead cost planning processes and develop data models for performance reporting.

Skills

Cost Analysis

Budgeting

Forecasting

Data Analysis

Problem-Solving

Critical Thinking

Delegation

Financial Reporting

Education

CPA

CFA

MBA

Tools

Python

SQL

Tableau

Think-cell

Oracle Enterprise Performance Management

Job description

Manager, Cost Analytics (12-Month Contract)

Company Description

Make an impact at a global and dynamic investment organization. When you join CPP Investments, you are joining one of the world’s most admired and respected institutional investors. With more than $600 billion in assets under management, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure it is financially sustainable for generations of working and retired Canadians.

CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo, and Sydney.

CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:

• Stimulating work in a fast-paced and intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Diverse and inspiring colleagues and approachable leaders
• A hybrid-flexible work environment with an emphasis on in-person collaboration
• A culture rooted in principles of integrity, partnership, and high performance
• An organization with an important social purpose that positively impacts lives

If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here.

Job Description

Team Description

The Financial Analytics & Planning team enables the Fund’s ability to make informed strategic decisions. It provides management views focused on actionable cost perspectives that analyze key trends and anticipates future decisions. This includes leading cost management, reporting, business planning, and optimizing resource allocation to drive value creation and achieve organizational goals.

As a Manager, Cost Analytics in the Financial Analytics & Planning team, you will be responsible for aligning the organization's operational strategy with financial goals and ensuring that resources are allocated effectively to support business needs. In this role, you contribute to comprehensive cost analysis for specific cost categories which includes monitoring and managing cost performance against relevant key performance indicators and objectives. This also includes the provision of valuable insights and actionable recommendations to promote financial discipline and drive decision-making.

Accountabilities

• Prepare monthly, quarterly and annual cost reporting and analysis for CPP Investments to support both internal reporting to the Senior Management Team, Board of Directors, and Departments as well as the Annual Report.
• Manage the Fund's strategic annual and long-term cost planning process supported by cost modeling using a driver-based approach that aligns with business goals, fund guidance and other strategic objectives.
• Lead the development, enhancement and maintenance of data models, presentations, and dashboards for Fund performance reporting and analysis.
• Collaborate with different stakeholders across Finance and other departments to develop comprehensive cost analyses and insights. Insights and analysis will be presented to the Senior Management Team, Audit Committee, and Board of Directors as well as in the Annual Report.
• Develop and oversee Cost Benchmarking models both internally and with external vendors to facilitate cost performance assessments and budget planning.
• Promote continuous improvements in processes and cost reporting through automation while ensuring integrity and accuracy of the outputs.
• Supervise, direct, and support direct reports by giving regular feedback, evaluating their performance, and setting clear expectations and project-specific advice to achieve high levels of excellence.

Qualifications

• Demonstrated experience (5+ years) in preparing budget, forecasts, and ex-post cost variance analysis.
• Exemplify CPP Investments Guiding Principles of integrity, partnership, and high performance.
• Solid problem-solving skills with experience in automation tools, data manipulation software, or planning software (e.g., Python, SQL, Tableau, Think-cell, Oracle Enterprise Performance Management).
• Proven skill in working with, analyzing big data sets, and combining different and often complex sources of information and turning them into clear insights and actionable recommendations.
• Exhibit resilience in the face of change and can effectively manage competing demands.
• Effective delegation and supervision of specific output.
• Apply critical thinking to resolve operational or cross-departmental issues and deliver insight and recommendations. Leads self and others to solve broadly defined problems by considering impact beyond own team.
• CPA, CFA or MBA would be an asset.

Additional Information

At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability. We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.

Our Commitment To Inclusion And Diversity

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.