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Financial Planning and Analysis Specialist

2 months ago


Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time
About the Role

The Finance Department of Global Banking and Investor Solutions (GBIS) is a global organization with a local presence, providing the same set of services through global and efficient processes and consistent norms, leveraging production hubs. Our Core Missions are:

  • Quality and timeliness of GBIS financial statements;
  • Assisting GBIS management and all Business Lines in their steering with actionable reports on financial performance and forecasts;
  • Independent certification of all financial aggregates, in particular, the daily P&L explanation on Market Activities;
  • Financial communication and constant benchmarking;
  • Providing expertise on accounting, prudential, and tax norms and ensuring the compliance of these norms.

The FP&A group for Global Market Activities (DFIN/MAR/MPA) provides Performance Management reporting, analysis, and second level of control on NBI, Balance Sheet, Costs, Headcount, Budget, and a variety of ratios.

Key Responsibilities

We are seeking a driven and detail-oriented Junior FP&A Analyst with a minimum of 5 years of relevant experience to support our team. In this role, you will be responsible for:

  • Closely monitoring and analyzing the daily P&L of Market Activities, providing insights on RWA consumptions, and ensuring accurate financial reporting;
  • Consolidating and communicating the daily results to senior management;
  • Liaising with different stakeholders (Product control teams, IT teams, etc.) to fully understand the underlying business drivers and issues that may affect each desk;
  • Tracking and analyzing RWA variances against budgets and forecasts;
  • Collaborating with cross-functional teams to gather RWA-related data and ensure accuracy;
  • Understanding regulatory trends impacting RWA production and ensuring proper knowledge sharing with senior management;
  • Assisting in the preparation of regular financial reports, including variance analysis and key performance indicators (KPIs);
  • Contributing to the creation of insightful presentations for senior management and other stakeholders;
  • Supporting the annual budgeting and quarterly forecasting processes;
  • Working closely with department heads to gather inputs and assumptions for financial projections;
  • Maintaining accurate and up-to-date financial data in relevant systems;
  • Conducting thorough data analysis to identify discrepancies, trends, and opportunities;
  • Undertaking ad hoc financial analysis projects to provide insights into specific business decisions;
  • Collaborating with the FP&A team to develop financial models for scenario planning;
  • Participating in the enhancement of FP&A processes and tools to drive efficiency and accuracy;
  • Suggesting and implementing improvements to reporting formats and data collection methods.
Requirements

To be successful in this role, you will need:

  • 5 years of experience in financial analysis, preferably within the banking or financial services industry;
  • A strong understanding of financial principles, budgeting, forecasting, and variance analysis;
  • Excellent communication skills with the ability to present complex financial information in a clear and concise manner;
  • A detail-oriented and analytical mindset, with a proactive approach to problem-solving;
  • Knowledge of banking industry regulations and financial reporting standards is a plus;
  • Proficiency in financial modeling and data analysis using Excel and other relevant tools;
  • Proficient Microsoft Office skills with an emphasis on Excel and PowerPoint;
  • Knowledge of BI tools is a plus (PowerBI, Tableau);
  • Experience with financial systems and software is advantageous (Essbase and Cognos);
  • A Bachelor's Degree (Business, Finance, or Economics preferred).
Language

Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.