Financial Governance and Controls Manager

100 King Street West Toronto Ontario,M5X 1A1

Develops or maintains an effective financial governance and controls framework that defines the ways and methods governance is implemented, managed, and monitored in the business/group. The governance framework includes policies, guidelines and provides programs, practices and measures to promote transparency, accuracy, consistency across groups. Applies specialized knowledge of Accounting & Financial management risk, regulatory compliance and internal controls related to financial processes and information.
- Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
- Ensures alignment between values and behaviour that fosters diversity and inclusion.
- Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
- Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
- Attracts, retains, and enables the career development of top talent.
- Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
- Acts as a trusted advisor on governance matters.
- Makes recommendations to senior leaders on Financial controls based on an in-depth understanding of the business/group.
- Works with stakeholders to establish priorities.
- Leads or assists with the maintenance, monitoring, measurement & reporting on the status of the internal controls program to various internal & external stakeholder audiences.
- Conducts independent analysis and assessment to resolve control issues.
- Leads and integrates the execution of oversight/governance activities and is primary contact across multiple jurisdictions and/or businesses.
- Manages SOX databases and provides support for analysis, KPI reporting and/or data visualization, ensuring adherence with data governance standards.
- Designs and produces regular and ad-hoc reports, and dashboards.
- Leads change management activities of varying scope and type.
- Leads the management of financial governance meetings and maintains agreed upon action plans.
- Leads, integrates and coordinates the maintenance, monitoring, measurement & reporting on the status of the internal control over financial reporting program to various internal & external stakeholder audiences.
- Leads the development, evolution and maintenance of the internal control system and framework.
- Leads the interpretation of new or changing regulations and assessing impacts to the Internal Controls over Financial Reporting Framework.
- Leads process, improvements and special projects, designing effective and sustainable solutions.
- Develops governance and control related solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
- Provides advice and guidance to assigned business/group on implementation of the control framework, including effective challenge.
- Coordinates and participates in the execution of oversight/governance activities including: reporting, assessment of education & training needs, development/delivery of training, development and execution of SOX administration processes & procedures etc.
- Assists with the maintenance, monitoring, measurement & reporting on the status of the SOX program to various internal & external stakeholder audiences.
- Supports financial governance attestation programs, reporting, etc.
- Assists with the interpretation of new or changing regulations and assessing impacts to the SOX frameworks and program requirements.
- Develops and maintains in-depth knowledge of business and related financial reporting risk management requirements
- Supports the management of governance meetings (e.g. committee, management, board meetings, etc.) as required; facilitates development of agendas, gathering and distribution of documentation related to agendas, and creation of presentation deck
- Builds effective relationships with internal/external stakeholders.
- Acts as liaison between stakeholders in order to align agendas and ensure a clear understanding of the business context
- Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
- Leads or participates in change management activities of varying scope and type.
- Breaks down problems, and analyses data and information to provide control insights and recommendations.
- Assists in the identification, classification and addressing of process and control issues.
- Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
- Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
- Implements changes in response to shi