Manager, Financial Planning and Analysis (Scotia Global Asset Management)

Scotiabank; Old Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player seeks a Manager for Financial Planning and Analysis, a pivotal role in driving strategic insights and financial governance. This position offers the opportunity to collaborate with business leaders, optimize processes, and enhance financial reporting. You'll be at the forefront of developing innovative financial planning strategies, ensuring accuracy in forecasts, and contributing to the overall success of Scotia Global Asset Management. If you thrive in a dynamic environment and are passionate about financial excellence, this role is perfect for you. Join a culture that values creativity, inclusivity, and career growth, while being rewarded with a competitive package and performance bonuses.

Benefits

Performance Bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Career Development Opportunities

Qualifications

• 5+ years in accounting/analysis function with strong analytical skills.
• University degree in Accounting/Finance or related field required.

Responsibilities

• Prepare quarterly business line updates and annual profit plans.
• Provide insightful analysis to drive business results and support leaders.

Skills

Financial Accounting

Relationship Management

Strategic Problem Solving

Communication Skills

Advanced Excel

Hyperion and Smartview

Database Management (Access)

Analytical Skills

Accounting Designation (CPA)

Knowledge of Securities Industry

Education

University undergraduate degree in Accounting/Finance/Commerce

Professional accounting designation (CPA)

Tools

Microsoft Office Suite

Access Database

Hyperion

Job description

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

Title: Manager, Financial Planning and Analysis (Scotia Global Asset Management)

Requisition ID: 211518

The Manager is a senior level role and is a key partner in supporting Scotia Global Asset Management (SGAM) within Global Wealth Management. The role is responsible for compensation expense oversight and governance, modeling, financial reporting for SGAM, planning & analysis for SGAM, providing financial insight to the business lines partners (internal and external views). The role reports to the Senior Manager, and works in close partnership with the business leaders, and other business partners on reporting, analysis, and continuously looking for opportunities for process optimization. The role is required to demonstrate strong leadership skills to drive adoption of new financial planning (budgeting and forecasting) processes and procedures within Scotia Global Asset Management Finance.

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

1. Business Line / Product Level Reporting and Insightful Analysis:
   • Maintain internal reporting on investment products (such as sales, redemption, market share, etc), research industry investment product trends and provide insightful analysis to business leaders and executives.
   • Support business line leaders with regular and ad-hoc reporting requirements.
   • Provide insightful analysis to the business leaders to drive business results.
   • Provide competitive insights to the business leaders to measure relative performance vs industry and peers.
2. Preparation of quarterly business line update and full-year forecast:
   • Ownership of timely collection of financial and non-financial data from business and support groups.
   • Consolidation of brand level forecast for CAM.
   • Ensure accuracy and completeness of quarterly update and full year forecast.
   • Complete analytical review to ensure completeness and reasonability of forecast.
   • Communication of quarterly results to Senior Manager.
   • Establish and maintain systems to efficiently manage the process.
3. Annual Profit Plan and Forecasting:
   • Actively participate in the annual profit planning & quarterly and multi-year forecasting for the business lines.
   • Timely and accurate preparation of budgets relating to business units and support groups.
   • Ownership of timely collection of financial and non-financial data from business lines.
   • Complete summary deck for CAM divisional profit plan, for presentation to senior management team.
   • Complete analytical review to ensure completeness and reasonability of forecast.
4. Month-end and Quarter-end Reporting:
   • Actively participate in month-end and quarter-end reporting process.
   • Prepare quarter-end results for Asset Management.
   • Ensure accuracy and completeness of quarter end results.
   • Complete variance analysis to understand significant quarterly transactions.
5. Support the development of Finance reports as requested.
6. Support the Director, Sr. Manager and Managers in the information gathering process and analysis for strategic and tactical projects requested by Senior management.
7. Provide resolution to Finance Division requests for information on financial and management reports.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

• Accountability for providing excellent service and resolving customer problems promptly and professionally.
• Identifies factors that have an immediate effect on departmental business goals.
• Relationship management skills.
• Strategic problem solving abilities.
• Ability to efficiently manage multiple priorities.
• Proactive and positive working attitude.
• Strong communication, presentation and interpersonal skills.
• Ability to lead high volume tasks and meet deadlines.
• Strong knowledge of financial accounting and generally accepted accounting principles.
• Advanced knowledge of Access database query tools.
• Advanced knowledge of Hyperion and Smartview software/tools.
• Advanced knowledge of business-related computer software (Excel, PowerPoint, and Word).
• Accounting related experience and advanced analytical skills.
• Strong knowledge of the securities and financial services industry.
• University undergraduate degree in Accounting/Finance/Commerce or other related field.
• Minimum 5 years in accounting/analysis function.
• Attainment or working toward a professional accounting designation (CPA).
• Broad knowledge of Bank's asset management products and services.
• Highly detail-oriented, with the ability to work under own initiative.
• Database management experience (Access Database tools) along with advanced Microsoft Office skills.

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity and curiosity.
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

#scotiafinancejobs

Location(s): Canada : Ontario : Toronto

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.