Canada Cst

CANADA CST -CLIENT SERVICE TEAM CANADA (JOB NUMBER: FIN-032930-001-SOS)

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2023. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.

**The position at a glance**

Within the Finance Function, the Client Services Team (CST) is primarily responsible for the proper organization of the financial planning, the internal Management Reporting and communication of financial information to functions and business lines.

**In detail**

The role primarily focuses on Management Reporting activities and financial analytics for the Canada activities, and involves permanent interactions with Canada Management to provide them with the means to make informed business decisions.

The role involves a deep understanding of the business activity of BNP Paribas together with a solid knowledge of accounting and management reporting requirements. Main activities cover:

- Performance Management reporting
- Forecasting, Budgeting and Financial Planning,
- Business Partnering,
- Active contribution to any special project or request as directed by the Senior Management

The Canada Senior Financial Analyst will have a specific focus on the oversight of the Canada platform expenses and headcount monitoring, providing the country Chief Operating Officer and local department heads with the means to make informed business decisions to effectively achieve their strategic goals.

As part of his / her duties, the Canada senior financial analyst is expected to have regular direct interactions with the Canada COO as well as US regional management for topics related to the Canadian platform.
- Performance Management reporting
- Prepare internal management reporting based on data reconciled with Financial Accounting and in full adherence with the Group and CIB methodologies
- Perform expense analysis and provide comments on actuals (vs. budget, vs. N-1 actuals, vs. business plan, etc) for the Canada COO as well as for the scope of Functions under his/her responsibility
- Analyze the costs and allocation keys of Canada departments in comparison with the budget and with previous periods, helping to provide justification for the allocated costs to the business heads.
- Investigate possible issues with costs recognition
- Prepare and conduct monthly meetings with the COO and local department Heads in Canada
- Ensure complete and adequate controls on Management reporting production process and related documentation (define controls required on internal management reporting so that issues are detected, analyzed, resolved with both corrective and preventive actions defined)
- Budgeting and forecasting
- Coordinate the preparation of budgets and forecasts for the Canada perimeter
- Working closely with local heads as well as Finance teams to collect, review, and analyze all budget and forecast data (e.g direct expenses, headcount movements, allocated expenses, etc.)
- Supporting the data collection process into Finance systems
- Preparing budget presentation for the regional and HO Management
- Prepare ad hoc simulations and analysis to support Canada throughout the budget and forecast process
- Consolidate, maintain and report official budget/forecast numbers to the Regional Management and HO
- Contribute to the preparation of the Strategic Plans
- Business Partnering
- Support the department heads in their daily operation and development plans by providing them with the means to make informed business decisions to effectively achieve their strategic goals
- Provide key financial indicators
- Monitor and analyze costs
- Monitor and analyze development and efficiency plans
- Support financial planning, including future looking analysis such as forecast, business plan preparation, etc
- Projects
- Support the growth plan of the Canadian platform in coordination with the COO office, including but not limited to:

- Identification of services to be reinvoiced by Canada
- Ensuring proper invoicing schemas are in place for existing and new services provided by Canada to other locations and entities, as well as services provided by other locations and entities to Canada
- Support nearshoring/offshoring initiatives involving the Canada platform by providing analyses of cost per headcount
- Assist in identifying process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness. This includes but is not limited to (i) improving current tools, including databases, (ii) cleaning and aligning static data (cost center referential) and (iii) enhance internal controls and (iv) document key processes
- Ensure adequacy of