Our Client in the Banking and Finance Industry is seeking a Financial Analyst for their Downtown Toronto office. This is a 6 months contract to start, possible extension.
This group is the finance partner for planning, reporting and strategic initiatives.
CULTURE/EVP (Employee Value proposition):
This group has about 3 people overall. This group is heavily connect within leadership and they work closely with the P&CThis role gives vast exposure across the bank.
RESPONSIBILITIES INCLUDE (but are not limited to):
This role is very driven by the business. They focus more on the key initiatives within the bank. A lot this role is ad hoc reporting and no two days are similar.
Month end reconciliation/ reporting for the business Analytical review on the results. They need to be able to drive those conversations with those stakeholder.
The Finance Manager is accountable to analyze and report on the financial performance and condition of Wealth Management (WM) or businesses within WM, to support the month-end and quarter-end close process including regulatory and external reports and attestation to the validity of the results. This role will provide value added ideas, advice and recommendations on financial matters including future course of action to support strategic decision making.
Additional key responsibilities are the assistance in preparation of forecast and annual planning, and leading special projects as they occur. The incumbent will report through the Centre of Excellence (COE) and support other reporting as required.
1. Reporting and Analysis:
Prepare / process closing entries, while ensuring accuracy and appropriateness of all journal entries as part of the monthly results sign off process
Verify posted transactions with GL investigations
Prepare monthly, quarterly & annual financial performance reporting and analysis to WM and Banks corporate executive leadership
Responsible for developing and improving monthly, quarterly and annual processes for financial reporting, including ensuring integrity and quality of information, compliance with accounting policy and Banks internal reporting requirements
Research, analyze and make recommendations, relating to adhoc finance issues
Prepare financial models to support planning/forecasting deliverables and variance analysis.
Provide financial information for ad-hoc reports and analysis to assist in the investigation of miscellaneous issues and the support of strategic objectives and decision making
Develop relationship with line of business and other areas within the Bank
2. Advisory / Strategy
Develop and assess plan / forecast assumptions, prepare planning and forecasting summaries for executive review.
Build and maintain robust, stable forecast and planning models.
Provide formal and informal interpretation of financial results, plans, and metrics as required.
Facilitate ongoing communication, both internally and externally, as required.
3. Governance & Control:
Provide operational and organizational support to the Financial Reporting processes ensuring compliance with SOX requirements
Assist in documenting and maintaining proper controls to ensure integrity of information.
Process monitoring and management as required
4. Process Improvements
Working closely with the Lead Financial Offer and COE improve reporting and deadlines. Review and document processes. Streamline management reports.
Provide advice and counsel on close
Recommend strategies and plans
Recommend control process additions and improvements
Wealth Management Finance Team and Shared Service
Other Wealth Management Finance Relationship Managers
Clients(non-Wealth Management) Finance and Product specialists
Banks support areas
SCOPE AND IMPACT
– Reports to Head, Centre of Excellence, Wealth Management
TOP SKILLS / EXPERIENCE:
3-5 years experience in in a financial reporting capacity at a financial institution.
They need to help drive this business experience and help them plan for F19.
Strong communication skills; verbal, written and presentation (This is key for this role)
Excellent organization skills, including the ability to multi-task and handle the pressure of tight deadlines
Good analytical and problem solving skills
Strong ability to evaluate processes, identify potential problems and recommend feasible solutions
Excellent skills with Microsoft Excel. (Pivot, V-lookup, data mining)
Qualified CPA (CGA, CA, CMA) or close to completion. (CPA, CMA is the preferable designation)
Bachelors degree in Finance or Accounting, or related discipline.
NICE TO HAVE SKILLS/EXPERIENCE:
Knowledge of Bank Financial Group structure and financial systems (e.g. progress/Essbase, SAP, Insight/MRP) is desirable.
Prior experience with the assessment fund model (Margin per product).
Activity based funding models
Various product analysis
To Apply, Please send your resume to: firstname.lastname@example.org
|Application Deadline||August 13, 2018|
|Experience Required||3 years|
|Job Duration||6 months|