Manager, Expense Planning & Analysis

Scotiabank; Canada; On-site; CAD 75,000 - 100,000; Full time

Job summary

Scotiabank seeks a Manager for their Expense Management Team. The role focuses on financial management, forecasting, and reporting to align business investments with strategic priorities. Candidates should have a background in Finance or Accounting, along with 3-5 years of experience and strong analytical skills.

Benefits

Inclusive, collaborative environment

Competitive rewards and bonuses

Career development opportunities

Qualifications

• 3-5 years of relevant experience in financial management.
• Strong proficiency in financial reporting principles.
• Ability to multitask and meet tight deadlines.

Responsibilities

• Support forecasting and planning for Canadian Banking partners.
• Perform analytical reviews for accuracy and provide insights.
• Enhance tools for reporting, planning, and forecasting.

Skills

Analytical skills

Problem-solving

Leadership skills

Communication skills

Organizational skills

Education

Post-secondary degree in Finance or Accounting

Professional accounting designation or MBA

Tools

Microsoft Excel

Hyperion

Access

Job description

Requisition ID: #

Join a purpose-driven, high-performing team committed to results.

Canadian Banking Finance is a divisional finance function providing financial management and analytical support to Canadian Banking Executive Management and Business Line management in Retail, Automotive Lending, Small Business, and Commercial Banking areas.

The Manager will be a member of the Expense Management Team, responsible for ensuring effective expense management and optimization of business investments aligned with Canadian Banking’s strategic priorities. The role includes preparing and analyzing expenses, quarterly forecasts, annual profit plans, 5-year base case projections, and three-year strategic plans.

Key Responsibilities:

1. Support forecasting and planning processes for Canadian Banking business partners:
2. Assist in delivering forecasts and profit plans, including quarterly, pre-quarter, 5-year base case, stress testing, strategic plan, and annual profit plan.
3. Coordinate data collection from support groups and ensure timely submissions.
4. Perform analytical reviews for accuracy and business insights.
5. Communicate deliverables among support groups and provide comprehensive commentary.
6. Support end-to-end planning processes, including template updates and consolidations.
7. Respond to management queries regarding forecasts and plans.
8. Perform ad hoc analyses as a subject matter expert on expenses, supporting distribution channels and product teams.
9. Analyze expense results and variances to understand impacts and support issue resolution.
10. Enhance expense reporting, planning, and forecasting tools like Hyperion and EGL/OBI/Smartview.
11. Ensure accuracy of COFA changes and support tool development and testing.
12. Contribute to streamlining processes to improve productivity and provide coaching on expense management.

Qualifications:

• Post-secondary degree in Finance or Accounting, with 3-5 years of relevant experience.
• Professional accounting designation or MBA preferred.
• Proficiency with Microsoft Excel, Word, Access, Hyperion, and related tools.
• Understanding of financial and management reporting principles.
• Strong communication, analytical, problem-solving, and organizational skills.
• Leadership skills and ability to operate in a complex environment.
• Attention to detail and control over financial reporting integrity.
• Ability to multitask and meet tight deadlines.

Benefits:

• Inclusive, collaborative environment encouraging creativity and success.
• Competitive rewards, including bonuses, employee share programs, and health benefits from day one.
• Opportunities for career development and progression.

Location:

Toronto, Ontario, Canada

Scotiabank is committed to diversity and inclusion. Accommodation requests during recruitment are welcome.