Senior Manager GBM Financial Planning & Analysis
Share
Job Location:
Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Requisition ID: 243738
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
Reporting to the Director Expense Financial Planning & Forecasting the Senior Manager GBM Financial Planning & Analysis is part of a team responsible for providing value-added analytical and strategic support on expenses to GBMs business lines regions (Canada US Europe Asia) and Senior Management to facilitate the achievement of GBMs expense targets. The GBM Expense team is the primary point of contact between Global Finance and GBMs business lines with respect to expense management and controls. The position is a business partner to elevate analytics and provide insights to internal clients as well as to support Finance processes like Strategic Plan Forecast quarter and month end reporting
Is this role right for you In this role you will:
- Financial Forecasting and Planning Prepare and update financial plans forecasts budgets stress tests and other forward-looking financial outlooks.
- Business Line & Regional Reporting Develop and maintain reports and key expense metrics to provide analytical guidance on the expense reporting framework including productivity savings controllable expenses and other expense reduction opportunities.
- Financial Analysis Identify potential issues and provide commentary related to financial results and/or forecasts including identification of key expense drivers and significant trends.
- Strategic Partner to Business Line Provide analysis support and counsel to business line management related to planning and forecasting. Conduct financial reviews/investigations of strategic business initiatives. Actively seeks ideas for potential cost savings and recommends improvements to business partners.
- Ad Hoc Requests Support 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 geography or client.
- Team Environment Contributes to an environment in which the team works together to produce tailored and value-added strategic analysis while ensuring the adequacy adherence to and effectiveness of day-to-day business controls.
Do you have the skills that will enable you to succeed in this role - Wed love to work with you if you have:
- Excellent analytical skills and Excel skills including financial modelling.
- Results oriented detail oriented excellent analytical and critical thinking skills with proven ability to apply this knowledge to provide influential analysis to Senior Management.
- Advanced presentation and communication skills and proven ability to provide insightful and influential analysis to Senior Management.
- Understanding GBMs business lines financial reporting process compliance policies performance measurement planning and analysis service standards and legal and regulatory requirements is preferred
- Knowledge of the Banks financial reporting systems such as EGL OBI and Hyperion strongly desired
- A demonstrated ability to work in a team environment under tight deadlines in some cases on special projects and tasks requiring creative analysis and solutions.
- Degree in Finance Economics or Business Administration Chartered Professional Accountant or comparable experience.
- Minimum 5 years experience in GBM business line and Finance experience is preferred
Whats in it for you
- An inclusive & collaborative working environment that encourages creativity curiosity and celebrates success!
- 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.
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 their 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. If you require technical assistance please click here. 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.
Required Experience:
Senior Manager
Key Skills
- Internal Audit
- Financial Services
- Financial Performance
- Variance Analysis
- Journal Entries
- Account Management
- ACH
- Customer Accounts
- General Ledger Accounts
- Payroll
- Customer Relationships
- Financial Statements
- Annual Reports
About Company
Scotiabank is one of the leading foreign banks serving large national and multinational corporations in the U.S. through its Global Banking and Markets, Global Transaction Banking and Wealth Management business lines.
