Senior Manager, GTB Financial Planning & Analysis - Finance

Scotiabank; Toronto; On-site; CAD 120,000 - 170,000; Full time

Job summary

Scotiabank in Toronto is seeking a Senior Manager for GTB Financial Planning & Analysis - Finance to lead global forecasting, budgeting, and performance analysis. You will drive management reporting, develop key metrics, and partner with executives to provide insightful commentary on financial results and capital planning.

The role requires 8+ years in FP&A, strong IFRS knowledge, and excellent communication to influence leadership.

Qualifications

• 8+ years of financial planning experience and performance reporting.
• Strong knowledge of IFRS regulations, statutory and other complex accounting principles.
• Understanding of risk management concepts.
• Advanced presentation and communication skills with the ability to influence Executive Management.

Responsibilities

• Lead and drive a customer-focused culture within the team to deepen client relationships and leverage bank-wide knowledge.
• Design, renovate, and coordinate management reporting and develop GTB metrics and procedures.
• Prepare and update financial plans, forecasts, budgets, stress tests, and pipelines; provide commentary on results and capital position.
• Collaborate with stakeholders to access management information systems related to profitability and performance.

Skills

Financial analysis

Forecasting

Management reporting

Advanced communication

Education

MBA or MS in Finance or Accounting

CPA preferred

Job description

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Title: Senior Manager, GTB Financial Planning & Analysis - Finance

Requisition ID: 277308

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

Purpose

Contributes to the overall success of the GTB Financial Planning & Analysis ensuring specific goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures. The FP&A Senior Manager reports to Director, GTB FP&A and is responsible for consolidating the financial planning and performance analysis globally. He/she has responsibility to manage and coordinate the financial forecast and budget process, contribute to global capital planning, and provide insights and analysis to enable expense management capabilities.

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

• Lead and drive a customer-focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Culture/Team Environment – Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge; contribute to an environment in which the team works together to produce creative and value-added strategic analysis while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls.
• Management Reporting – Design, renovate, and coordinate management reporting, and develop and maintain management metrics for GTB. Develop and maintain procedures for management reporting.
• Financial Forecasting and Planning – Work together with others to prepare and update financial plans, forecasts, budgets, stress tests, business and project pipelines, and other forward-looking financial outlooks; identify issues and provide commentary related to financial results and/or forecasts with respect to the capital position or metrics.
• Management Information Systems – Work collaboratively with other stakeholders in GTB to access management information systems required to perform the duties of the position including data related to profitability and performance as well as proxy capital and funding usage on a business line, product, geographic, or client basis.
• Ad Hoc Requests – Support ad hoc requests from Executive Management, auditors, regulators, ratings agencies, research analysts and other external parties as required; prepare and provide analytical support including analysis and data related to business line, product, geographic, or client profitability, capital, and/or funding usage.
• Risk Culture –Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
• Create an environment in which his/her team pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.

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

• MBA or MS in Finance or Accounting.
• CPA preferred.
• 8+ years of financial planning experience and performance reporting.
• Strong knowledge in financial accounting (IFRS regulations), statutory and other complex accounting principles, P&L reconciliations, profitability analysis, ABC costing models, performance management models, and knowledge of financial and models is required.
• Understanding of risk management concepts.
• Highly developed understanding of capital markets business lines, financial reporting process, compliance policies, performance measurement, planning and analysis, service standards, and legal and regulatory requirements.
• Advanced presentation and communication skills and proven ability to provide insightful and influential analysis to Executive Management.
• Expert ability to balance competing or conflicting goals of various departments/stakeholders, requiring a mature, diplomatic approach and highly developed negotiation and influencing skills.
• Demonstrated ability to work in a team environment under tight deadlines.

What’s in it for you?

• The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
• A rewarding career path with diverse opportunities for professional development.
• Internal development to support your growth and enhance your skills.
• An organization committed to making a difference in our communities - for you and our customers.
• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and our communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

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 (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.