Senior Manager, Planning, Forecasting & Analysis

Requisition ID: 221373

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

Leads and oversees Financial Planning and Analysis for Technology team ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies, and procedures.

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

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Supervise a direct report, providing guidance, performance feedback, and professional development opportunities to ensure their growth and success.
• Act as finance business partner for Technology team to provide strategic analysis, financial modelling allowing technology stakeholders make informed investment and prioritization decision.
• Act as first line of defense for Technology team teams to address questions related to financial transparency, allocations to Business Lines, accounting principles and financial controls.
• Support annual planning, monthly forecasting activity including variance analysis.
• Support and track cost saving initiatives with clear articulation of technology and business risk resulting from prioritization decisions.
• Support monthly headcount report and analysis on the data for monthly / quarterly reporting (tracking of new hires, attrition, vacancies, conversions etc.)
• Lead financial transparency initiative that includes but not limited to run rate spend analysis, YOY analytics relative to baseline technology (KTLO) versus business line incremental spend.
• Instill financial governance through implementing best practices, making recommendations, and communicating applicable financial policies and accounting guidelines to relevant parties.
• Engage with partners across both Finance, Business Line, and Technology divisions from all levels
• Provide management reporting, planning, and forecasting of operating spend
• Demands at month-end/quarter-end are high in terms of financial reporting requirements; must balance workloads and produce high quality output efficiently to meet tight deadlines
• There is a constant need to reassess the nature and content of management reporting and initiate changes to produce increasingly value-added, insightful analysis and reporting, while balancing the pressing demands to meet current reporting deadlines, prioritize executive requests and deal with day-to-day issues.

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

• Minimum of 8 years relevant experience within a large organization preferably in the banking industry
• Accounting designation (CPA/CMA/CGA) preferred.
• Excellent interpersonal, communication (oral and written) with ability to articulate financial information with senior stakeholders in Technology and finance.
• Thorough understanding of IFRS standards as it relates to capitalization of intangibles (software development etc).
• Extensive experience and knowledge of financial and management reporting principles as applied to banking issues, thorough understanding of the business planning process, dealing with accounting systems, budgets and internal controls

What's 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.

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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.