Senior Manager, Planning, Forecasting & Special Projects

Requisition ID: 276320 

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

Overview

The Senior Manager, Planning, Forecasting & Special Projects is responsible for delivering accurate, comprehensive and timely financial analysis to support the Canadian Banking Profit Plan, Forecasts, and ongoing P&L and profitability review. This role combines core FP&A responsibilities with active involvement in finance transformation initiatives, including the implementation and enhancement of forecasting and reporting systems. Canadian Banking Finance is a divisional finance function providing financial management and analytical support to Canadian Banking Executive Management, as well as to the Business Line Management in Retail Banking, Commercial Banking, Business Banking and Tangerine.

Key areas of focus to support include:

1. Financial Reporting, Planning & Forecasting
2. Analyzing & modelling the Canadian Bank's results
3. Monthly and Quarterly financial deck
4. Ad hoc deep-dive analysis
5. Anaplan implementation project support

Is this role right for you? In this role, you will be involved in:

Financial Planning, Forecasting & Analysis

• Prepare monthly forecast, annual Profit Plan, and 5 Year Outlook
• Oversee of timely collection, consolidation, and validation of financial and non-financial data from business lines
• Perform analytical reviews to:
  • Ensure completeness and reasonability of forecast, provide viable solutions to issues raised
  • Understand and explain performance drivers vs. Plan, prior forecast, and actual results
• Develop and maintain financial models to support forecasting and analysis of key business drivers
• Provide insightful and detailed analyses and modelling (both recurring and ad hoc) to support Director in delivering decision making insights to Senior Management
• Support Director in the information gathering process and analysis for strategic and tactical projects requested by Senior management

Management Reporting

• Prepare monthly and quarterly reports (including MMR/QMR and Business Line Package) as well as other management reports for Senior Management

• Produce clear, concise, and executive-ready commentary highlighting key trends and drivers
• Ensure consistency and alignment of reporting across business lines and stakeholders

Finance Transformation & Anaplan Implementation

• Support the implementation and ongoing enhancement of the Anaplan forecasting and reporting platform
• Conduct and coordinate UAT/QAT testing, ensuring system outputs are accurate and fit for purpose
• Review and validate model design, data mapping, and calculation logic to ensure completeness and integrity
• Prepare and submit data upload files, and troubleshoot data or system-related issues
• Act as a key liaison between CB Finance, Anaplan project team and Global Finance Technology (GFT) during Anaplan implementation
• Build and enhance reporting solutions and analytics tools, including extracting and leveraging Anaplan data for reporting using Anaplan XL
• Design and develop scalable reporting outputs and dashboards to improve efficiency and reduce manual processes
• Assist in advancing automation and improving the precision of planning and forecasting processes
• Develop and maintain Anaplan documentation, including model design, upload processes, user guides, and desktop procedures to support implementation and ongoing use of the platform
• Build and maintain strong working relationships across CB Finance and CB business lines, product groups, Global Risk Management, Treasury, Capital Management and EO Finance
• Support cross-functional initiatives and provide additional resourcing during peak periods or special projects
• Maintain an effective system of internal controls over the planning, forecasting and reporting processes for CB and ensure that any EUC requirements and SOX controls are properly addressed
• Support ad hoc analysis requests as required 

Do you have the skills that will enable you to succeed? We’d love to work with you if you have the following:

• Knowledge of Canadian Banking Retail and Commercial banking products is considered an asset
• Strong understanding of margin analysis and funds transfer pricing
• Advanced Excel and strong data manipulation skills; experience building reporting tools and models
• Experience supporting finance transformation or system implementation initiatives (Anaplan experience is an asset)
• Strong attention to detail with a focus on data accuracy and integrity
• Proactive, solutions-oriented mindset
• Excellent communication skills with experience supporting senior management deliverables
• University degree (Analytics, Finance, engineering or quantitative discipline)
• MBA, CFA, or CPA preferred
• Minimum 5 years of relevant experience at a financial institution

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.