Manager, Expense Planning and Analysis

Requisition ID: 149874 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Canadian Banking Finance is a divisional finance function providing financial management and analytical support to Canadian Banking Executive Management, as well as to the Business Line management in Retail, Automotive Lending, Small Business, Commercial Banking & Tangerine areas The Manager will be a member of the Expense Management Team. Expense Planning is a critical function for the Canadian Banking division. The team has the responsibility for ensuring effective expense management and optimization of business investments with Canadian Banking’s strategic priorities. The incumbent will be responsible for the preparation and analysis of Canadian Banking expenses, quarterly forecast and updates, annual profit plan, 5 Year Base Case Projections and the three-year strategic plan. **Key Accountabilities**: - Support forecasting and planning processes as it relates to Canadian Banking business partners and support groups: - Support the delivery of forecasts and profit plans, including: Post quarterly forecasts, Pre quarter forecasts, 5 Year Base Case plan, Stress Testing, 3 Year Strategic Plan and Annual Profit plan as it relates to support groups and their associated allocation expenses - Ensure the timely collection of data from the support groups. - Complete analytic reviews to ensure accuracy and completeness of deliverables and understand relevant performance of the business - Co-ordinate and communicate deliverables among the support groups - Work with the support groups to provide comprehensive commentary on submitted expense forecasts and plans - Support the end to end planning and forecasting process, including template and consolidation model updates - Respond o queries from senior management and Canadian Banking on the business line plan and forecast submissions - Subject matter expert as it relates to CB expense, - Perform adhoc analysis as required, in support of Canadian Banking Distribution Channels and Product teams. - Analyze CB expense results and forecasts in an effort to understand variances and the impact to forecast and/or plan - Participate in the resolution of issues resulting from analysis - Added value analysis to provide senior management business insights into expense results - Subject matter expert as it relates to Expense reporting, planning and forecasting tools, including Hyperion and EGL/OBI/ Smart view: - On behalf of CB Finance ensure COFA changes are captured properly - Support Plan and forecast submissions in Hyperion Planning tool, ensuring accuracy through reconciliations - Support the development and testing of the planning and forecasting tools - Works under the direction of the Senior Manager and Director in efforts to enhance expense analysis, planning and forecasting processes: - Develop added value for CB Finance through the continuous streamlining of forecasting processes to improve productivity - Provides coaching and training to colleagues and business partners on expense management processes **Experience / Education**: - A solid understanding of financial and management reporting principles; ability to sustain a broad-based knowledge of the Bank’s and Canadian Banking’s strategy, operations and procedures. - Strong communication skills (listening, documentation and presentation skills); ability to work effectively in a team environment with peers and superiors acrss organization lines - Strong analytical, problem-solving and organizational skills. - Demonstrated leadership skills and stewardship capabilities in a complex and changing environment. - A superior understanding of elements of effective control over integrity and completeness of financial reporting; attention to details. - Ability to multi-task and deliver high-quality results under very tight deadlines; continuously assess priorities and business requirements, and balance between regular deliverables and priority Executive requests. Location(s): Canada : Ontario : Toronto Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.