Requisition ID: 97574Join the Global Community of Scotiabankers to help customers become better off.
In this role as the Financial Planning & Analysis Lead for U.S. Corporate Functions, you will be responsible for all aspects of planning and analysis for GBM U.S. Corporate Functions including Finance, GRM, IT, Data Governance Office, PMO, and other support functions. You will be responsible for providing planning, forecasting and management reporting support to the U.S. GBM Corporate Functions Heads and to the FP&A business leads. Key responsibilities include formulation and coordination of annual expense plans (including allocations from Head Office functions) periodic forecasts, performance reporting and in depth analysis to assist management decision making. You will ensure that specified goals, plans, initiatives are executed / delivered in support of the teams business strategies and objectives and all activities are conducted in compliance with governing regulations, internal policies, and procedures.
Is this role right for you? You will be responsible for:
Acting as the primary Finance business partner to the US support functions; lead the annual planning cycle on behalf the Corporate Functions
Coordinating and compiling annual operating plan and periodic forecasts, assess reasonability of targets and provided challenge
Reviewing and analyzing financial data to identify issues, opportunities and trends to support decision making
Performing analysis of monthly and quarterly results including run-rates and variance analysis to prior periods and to plan
Developing and maintaining awareness of enterprise strategic initiatives and the impact on structural costs
Assisting initiatives sponsors in the preparation of project Business Cases, costs/benefits and scenario analysis
Working with Technology teams to drive US implementation of project accounting and cost tracking best practices
Partnering with entity controllers and tax to ensure capitalization and taxation standards are met
Contributing to a client-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge; contributes to a team environment to produce creative and value added strategic analysis
Designing, enhancing and developing management reporting and metrics, and maintains operating procedures; Influence and contribute to the continuous improvement of the planning process
Working with Business and Functional partners to prepare and update bottom-up financial plans, forecasts and other forward-looking financial reviews, identify issues and provide commentary to align financial projections to balance sheet, capital and risk appetite
Developing recommendations and analysis related to the execution of strategic initiatives including Balance Sheet Optimization and alignment of business mix to maximize profitability.
Providing support and counsel to business line management related to management reporting, liquidity and capital management, planning and forecasting
Working collaboratively with other stakeholders in GBM to access management information systems required to perform the duties of the position
Do you have the skils you need to succeed? We’d love to work with you, if you have:
A Bachelor’s degree required; CPA/MBA preferred
10+ years of verifiable progressive experience of financial planning and analysis, ideally within the Financial Services sector
Knowledge of support function services, particularly in large scale, complex organizations
Experience with project costing, modelling, resource planning, capitalization, depreciation and the associated accounting treatment. Business Case preparation and cost benefit analysis
Experience in cost allocation models and leading discussion with business leads on allocation decisions
Expert skills in the preparation and presentation of detailed analysis, variance, commentary and management information
Knowledge of the inner workings and services of a Technology department, the types of resources and skills employed, project planning, development lifecycles, hardware and application lifecycles
Knowledge of Hyperion, planning tools and familiarity with the toolset typical of a Finance / accounting department
The ability to develop strong relationships and to gain the confidence of stakeholders
Strong verbal and written communication skills to interface between Finance and other support communities and document requirements and solutions for process improvement
A proven ability to act independently with excellent decision-making skills
A proven ability to work well under pressure and handle multiple projects and initiatives at same time
Location(s): United States : New York : New York City
As Canada’s International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Banks six guiding sales practice principles to ensure they act with honesty and integrity.
We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and their differences and similarities are embraced. Learn more here.
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.