Senior Manager Planning, Forecasting and Financial Reporting

Requisition ID: 249120

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

The Role

The Senior Manager is responsible for providing support for all finance-related issues to CWM senior management Finance groups within BNS and various external users and providing guidance and support for development and management of the financial reporting planning forecasting business & client profitability and ad-hoc analysis for the CWM Division.

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

• Directs and manages the monthly quarterly and annual Management reporting and forecasting to Senior Management groups for CWM Division ensuring the completeness accuracy timeliness and integrity of the financial results. This responsibility includes:
  1. Promoting financial and management reports to drive specific and ongoing revenue enhancement and cost control initiatives by Senior Management
  2. Primary responsibility for presentation of financial results to Business Line Senior Management team for commenting and interpreting results to ensure proper understanding of trends and variances
  3. Oversee and produce the monthly staffing analysis and reporting
  4. Providing resolution to Senior Executives request for information on management reports revenue analysis and cost control initiatives and any other finance-related inquiries as formulated by Senior Management and Sales Management Groups
  5. Driving the design development and maintenance of required management reports on OBI/Hyperion and source GL (PeopleSoft); this includes tree maintenance and control over access to management reports.
     
     
• Maintains effective controls over the Wealth Management accounting processes to ensure the reliability of the financial records and investigates any significant and/or unusual variance or questionable trends: primary responsibility for contacts with Global Banking Markets Finance team.
• Manages special project work and ad-hoc Business analysis to support business strategies including Business Line Management initiatives Profitability Models Business Development initiatives and operational efficiencies.
• Manages and mentors a team of 4 people to identify opportunities for increased efficiency through automation and systems improvements; increases departmental knowledge and succession planning through training and cross-training.
• Drives the Annual Planning Process including:
• Coordinating the 3 Year Projections High level Business and Strategic Plan processes.
• Reviewing the Business growth assumptions and interest plan models as well as expense plans.
• Monitoring the upload of all department budgets to the Budget systems (Hyperion and Peoplesoft).
• Coordinating the upload of information with the branches and regional teams.
• Preparing executive summaries for Director GWM Finance and other executives review and approval.
• Manages the reporting structure and distribution logistics of all management information prepared for CWM management team.

Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:

• Accounting designation (CMA CGA or CA) or MBA and/or 5 years related work experience is required
• Be a self-starter results-focus and highly motivated individual with the ability to multi-task
• Strong organizational managerial interpersonal and communication abilities to direct varied activities within tight deadlines alleviate conflicts as they arise and liaise with senior management in the field SMFS Global Banking Markets Head Office and Executive Offices
• Excellent financial analysis skills with a solid grasp of Bank profitability and performance measurement tools/criteria are essential as is a demonstrated ability to conceptualize problems and clearly apply analytical techniques for evaluating investments to make sound financial recommendations to Senior Executive
• Working knowledge of financial software such as OBI Hyperion or Peoplesoft
• Proficiency in database management related computer software (Excel Word Access)
• Equitable human resource management and good people skills are required to foster a positive work environment that values teamwork and provides a productive enjoyable and satisfying experience for all staff
• Superior influencing skills with excellent interpersonal communication (written and verbal) and negotiation skills to build consensus and obtain co-operation
• Exemplary customer service including professional advice and creative solutions is required
• This position requires professional judgment initiative and strong strategic influencing skills to work with internal as well as external departments. It requires strong customer service attitude and pro-active attitude to resolve complex business issues. The position requires high level of flexibility to adapt quickly to a dynamic business environment.

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Whats in it for you

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities for you and our customers.
• A competitive rewards program including bonus flexible vacation personal and sick days and comprehensive benefits that start on your first day.
• Diversity Equity Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential respected for who they are and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities ethnicity race age ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.

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.