Scotiabank Senior Manager, Planning & Forecasting - Toronto, ON in Toronto, Ontario

Senior Manager, Planning & Forecasting - Toronto, ON

Requisition ID: 33721

Join the Global Community of Scotiabankers to help customers become better off.

What your role will be....

Senior Manager, Planning & Forecasting

Purpose of Job

Canadian Banking Finance is a divisional finance function providing financial management and analytical insight to Canadian Banking Executive Management, Business Line Management in Retail, Automotive Lending, Small Business and Commercial Banking areas, as well as product development groups and HR Strategy and Change Management.

The Senior Manager, Financial Planning & Forecasting, will be a member of the Planning & Forecasting team reporting to the Director, Financial Planning & Forecasting. The Senior Manager, Financial Planning & Forecasting is responsible for providing accurate, comprehensive and timely preparation of financial analysis to support the Canadian Banking Profit Plan, Forecasts, and providing ongoing P&L and profitability review. This includes supporting Director to develop and enhance the financial intelligence capabilities of Canadian Banking Finance around planning and forecasting, financial analysis, financial modelling, and strategic planning.

Key Accoutabilities

Reporting to the Director, Financial Planning & Forecasting, the individual will be responsible for:

  1. Preparation of quarterly update and full year forecast:
  • Ownership of timely collection of financial and non-financial data from business lines

  • Consolidation of business line forecast

  • Ensure accuracy and completeness of quarterly update and full year forecast

  • Complete analytical review to:

i) Ensure completeness and reasonability of forecast, provide viable solutions to issues raised

ii) Understand the relevant performance of the business to plan/ actuals

  • Communication of quarterly results to Senior Manager
  1. Preparation of monthly and quarterly deck for Senior Management

  2. Assist in development of analytics to improve precision around planning and forecasting

  3. Develop and maintain financial models for analysis and forecasting of key business drivers

  4. Support Director with insightful and detailed analyses and modelling (ad hoc and regular) to assist in decision support.

  5. Support Director in the information gathering process and analysis for strategic and tactical projects requested by Senior management

  6. Support ad hoc analysis requests as required

  7. Develop and maintain strong working relationships within CB Finance and CB business units as well as divisional support functions as required

Qualifications

Have a track record of thought provoking and respected written product

Have a university degree a relevant discipline (finance, accounting, or engineering degrees in particular are preferred). Completion of an MBA and/or CPA, CFA program is also desirable.

Strong understanding of financial capital markets and strong interest and knowledge of current business news topics

Ability to grasp complex concepts and communicate them in a concise and clear manner

Demonstrates intuition and intellectually sound judgment in making decisions related to assigned duties

Be highly numerate, with exceptional financial analysis and modelling skills

Location(s): Canada : Ontario : Toronto

As Canada’s International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. 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. Candidates selected for an interview will be contacted directly. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.