Senior Manager, Financial Planning and Analysis

Investment Management Corporation of Ontario; Toronto; Hybrid; CAD 120,000 - 160,000; Full time

Job summary

Investment Management Corporation of Ontario (IMCO) in Toronto seeks an experienced Senior Manager to lead FP&A, budgeting, forecasting and cost management for a 12‑month contract starting January 2027. You will translate financial and operational data into insights for senior leaders, drive cost efficiency and scalable processes, and guide decision support across the organization.

You will partner with investment and corporate leaders, build robust models for operating costs and fees, and

Qualifications

• 8+ years of FP&A, corporate finance or financial analysis experience.
• Experience in asset management or financial services.
• Finance business partnering capability with senior leaders.
• Advanced financial modelling and scenario analysis; expert Excel & PowerPoint.
• Knowledge of investment management fees and carried interest is an asset.
• Experience leading cross‑functional finance, data or systems transformation.
• Working knowledge of accounting principles and management reporting.
• Experience with enterprise planning and finance platforms.
• Workday Adaptive Planning & Workday Financial Management are assets.
• Power BI, Python, automation or AI-enabled finance tools are assets.
• Excellent written and verbal communication; ability to juggle priorities.

Responsibilities

• Lead annual budgeting, in-year forecasting and long‑term planning aligned with strategy.
• Partner with investment and corporate leaders to provide actionable insights.
• Develop robust financial models for costs and investment management fees.
• Produce high‑quality CFO and board reporting with KPIs and trends.
• Lead deep‑dive analysis of major cost categories and opportunities.
• Advance a source‑of‑truth approach for cost data with governance.
• Own external benchmarking and cost position analyses.
• Drive finance and systems transformation from requirements to adoption.
• Improve FP&A workflows through automation, analytics and AI-enabled tools.
• Strengthen Adaptive Planning and related processes for efficiency.
• Support special projects and time‑sensitive analyses as priorities evolve.

Skills

Budgeting

Forecasting

Cost analysis

Financial modeling

Excel

PowerPoint

Data visualization

Cross-functional

Stakeholder management

Cost drivers

Tools

Workday Adaptive Planning

Workday Financial Management

Power BI

Python

Automation tools

Job description

At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career.

Our culture is built on collaboration and passion, with a shared commitment to delivering lasting value to the clients we serve. Located in downtown Toronto, our vision is to be the partner of choice for Ontario’s public sector funds and to build a high-performing, value-driven asset management firm. This job posting is for an existing vacancy. If you are ready to deliver best-in-class service and join a collaborative, motivated and fun team of professionals, IMCO offers the opportunity to do impactful work and broaden your expertise. If you’re looking to use your expertise to drive strategic outcomes, we’d love to hear from you.

This is a 12 month contract position beginning January 2027. IMCO is looking for an experienced finance leader to join the Financial Planning & Analysis team for a 12-month contract. This role will strengthen enterprise planning, cost management and decision support while advancing the data, reporting and processes that enable effective financial management across the organization. The Senior Manager will act as a trusted finance business partner to senior leaders, translating financial and operational information into clear insights and practical recommendations. The role will lead budgeting, forecasting, management reporting and targeted analysis, with particular focus on operating costs, investment management costs and scalable finance processes.

As a Member of Our Team You Will be Responsible For:

• Lead annual budgeting, in-year forecasting and longer-term planning activities, ensuring assumptions and analysis are aligned with IMCO’s strategic priorities.
• Partner with investment and corporate business leaders to provide actionable insight on financial performance, resource allocation, cost drivers, risks and opportunities.
• Develop and maintain robust financial models for operating costs, investment management fees and scenario analysis, with clear inputs, controls and ownership.
• Produce high-quality reporting and presentations for the CFO, executive leadership, clients and the Board, including budget-to-actual results, outlooks, trends and key performance indicators.
• Lead deep-dive analysis of material expense categories, including external manager fees and carried interest, and identify practical opportunities to improve cost effectiveness.
• Advance a consistent source-of-truth approach for cost data, including how information is captured, governed, stored, modelled, visualized and reported.
• Own or support external cost benchmarking, including CEM Benchmarking submissions and analysis of IMCO’s cost position relative to peers.
• Lead finance and systems transformation initiatives from requirements and process design through implementation, governance, controls and change adoption.
• Improve FP&A workflows through automation, analytics and responsible use of generative AI, while maintaining appropriate review, controls and human accountability.
• Continue to strengthen Adaptive Planning and related finance processes, documentation and controls to improve efficiency, data quality and scalability.
• Support special projects and time‑sensitive analysis as priorities evolve across Finance and the broader organization.

What do you need to succeed?

• At least 8 years of progressive experience in FP&A, corporate finance or financial analysis, including experience advising senior leaders.
• Experience in asset management or financial services, with a strong understanding of cost structures across investment strategies and legal entities.
• Demonstrated finance business partnering capability, including the ability to turn complex data into concise recommendations and influence decisions.
• Advanced financial modelling and scenario‑analysis skills, with expert proficiency in Microsoft Excel and strong PowerPoint skills.
• Knowledge of investment management fees.
• Experience with carried interest is an asset.
• Experience leading cross‑functional finance, data or systems transformation initiatives with a focus on controls, adoption and sustainable process improvement.
• Working knowledge of accounting principles and management reporting practices.
• Experience with enterprise planning and finance platforms.
• Workday Adaptive Planning and Workday Financial Management experience are assets.
• Experience with Power BI and practical use of Python, automation or AI‑enabled finance tools is an asset.
• Excellent written and verbal communication skills, sound judgment and the ability to manage multiple priorities in a fast‑paced environment.

What success looks like

• Planning and forecasting deliver timely, decision‑useful insight with clear ownership of assumptions and risks.
• Leaders receive concise, credible advice that improves cost management and resource‑allocation decisions.
• Financial models, reporting and processes are well controlled, documented and easier to maintain.
• Priority transformation work progresses with strong stakeholder alignment and measurable improvements in efficiency and data quality.

We thank all applicants for their interest. Only those selected for an interview will be contacted.

Our hybrid work model prioritizes an office‑first approach, encouraging employees to make the most of our collaborative workspace at 16 York Street, Suite 2400, Toronto, ON M5J 0E6. This welcoming environment fosters teamwork, connection, and professional growth. While flexibility remains a key component of our model, we believe that regular in‑office engagement enhances productivity and strengthens our culture. Our approach supports a fulfilling lifestyle that balances professional ambition with personal wellbeing.

IMCO is committed to providing accommodation for people with disabilities throughout the recruitment process. If you require support, please let us know and we will work with you to meet your needs. Artificial intelligence (AI) tools may be used to support parts of our recruitment process, such as screening and assessments. However, all hiring decisions are made by our recruitment team. Candidates being considered for this position will be required to undergo background screening.

The Investment Management Corporation of Ontario (IMCO) is Ontario’s professional asset manager, investing on behalf of our public sector clients so they can care for beneficiaries and secure retirement futures. With approximately $90.7 billion in assets under management, we are one of the largest institutional investment managers in Canada and around the globe. Our mandate is to provide broader public sector clients with exceptional investment management services, including best‑in‑class advice around portfolio construction, efficient access to a diverse range of asset classes and superior reporting on risks and returns. Our vision is to rank among the world’s leading public‑sector asset managers. We will achieve this through an unwavering focus on creating client value. That means ensuring that we deliver the returns required for our clients to meet their long‑term financial obligations.