Senior Corporate Financial Performance Specialist

Job title:

Senior Corporate Financial Performance Specialist

Company

Bank of Canada

Job description

Senior Corporate Financial Performance SpecialistTake a central roleThe Bank of Canada has a vision to be a leading central bank-dynamic, engaged and trusted-committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment.Building on the principles that have always guided us – excellence, integrity and respect – we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.With our defined-benefit pension plan, benefits, and high flexibility for work life balance – find out more about why we are annually ranked as one of Canada’s top employers:Find out more about the next steps in our .What you will do
Reporting to the Director, Corporate Financial Perfromance, you provide strategic and financial advice to facilitate sound decision making that supports corporate and business objectives. Key responsibilities include: providing expert advice in portfolio management, budgeting, costing, capacity planning, and financial strategy, ensure a comprehensive understanding of the Bank’s cost structures, and how they relate to the organization’s financial framework and develop policies and procedures for effective cost allocation. You also contribe to the formulation of the Bank’s strategic plan, enabling effective corporate planning, ensuring good governance and reporting, management of financial resources and management of enterprise risks for the Bank’s departments and portfolio of strategic investments, and identify and communicate potential risks, share key information, provide informed recommendations, and address concerns.In addition, you will:

• liaise with internal stakeholders to enhance understanding and provide clarity on various cost types, and their implications for the Bank’s organizational and financial management structures.
• analyze financial management and costing options, providing recommendations on policies and methodologies.
• provide senior management with critical insights to optimize cost allocation within the Bank’s operating structure and financial framework.
• lead the preparation, review, and presentation of processes and reports related to cost management.
• develop and maintain comprehensive financial management and costing frameworks, policies, and guidelines.
• design and construct detailed financial analyses, proactively assessing trends, risks, and opportunities.
• support long-term financial planning for core operations, investments, and capital expenditures.
• informally lead and coach team members through your experience and expertise
• build strong working and trusting relationshp with senior management, project teams and Financial Business Partners and designated governance bodies across the Bank

What you need to succeed
You have a strategic outlook and ability to conceptualize and communicate financial and organizational objectives, at all levels within the organization. You have the ability to handle pressure effectively and to work in a fast-paced, deadline-driven environment, and lead multiple initiatives concurrently, prioritize work and meet deadlines. Youhave a proactive mindset with an innovative outlook and are able to develop solutions to problems. You have an excellent ability to communicate effectively both orally and in writing, including communicating financial and organizational objectives as well as conveying complex and sensitive information in an appropriate manner.You are adaptable, flexible, and innovative, open to new challenges and willing to think outside the box and have exceptional work ethic, team mindset, positive attitude, and self-starter.Nice-to-have

• knowledge of Canadian banking processes
• experience working within an integrated SAP enterprise resource planning system and other budget software (i.e., Adaptive Insights)
• work experience in both the public and private sectors
• experience working within an investment governance framework
• experience working on a project or project management experience

Your education and experience
The position requires a university degree in a related field with a recognized Canadian (or reciprocal) accounting designation (CPA, CA/CPA, CMA/CPA, CGA)and

• a minimum of ten years of relevant experience in different accounting or financial roles, preferably FP&A and with costing
• an equivalent combination of education and experience may be considered

What you need to know

• Language requirement: English and French essential (bilingual) with a minimum starting level of functional (level 4) in second official language. Training may be provided to help reach the required level of fully functional (level 5) in second official language.
• Priority will be given to Canadian citizens and permanent residents
• Security level required: Be eligible to obtain Reliability
• There will be no relocation assistance provided
• Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.

Hybrid Work ModelThe Bank offers work arrangements that provide employees with flexibility, enable high-performing teams, and support an excellent workplace culture. Most employees can telework from home for a substantial part of each month as part of the Bank`s hybrid work model, and they are expected on site at the Bank location a minimum of eight days per month to help build connections between colleagues. You must live in Canada, and within reasonable commuting distance of the office.What you can expect from us
This is a great opportunity to join a leading organization and be part of a high-performing team. We offer a competitive compensation and benefits package designed to meet your needs at every stage of your life and career. For more information on key benefits please visit .

• Salaries are based on qualifications and experience and typically range from $121,842 to $143,344 (job grade 18)
• The Bank offers an incentive for successfully meeting expectations at 7 to 10% of your base salary. The Bank offers additional performance pay (5%) for those who exceed expectations. Exceptional performers who far exceed expectations may be eligible for higher performance pay.
• Flexible and comprehensive benefits so you can choose the level of health and dental coverage that meets your needs
• Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
• Option to join the indexed, defined-benefit pension plan after 24 consecutive months of service

We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.

Expected salary

$121842 – 143344 per year

Location

Ottawa, ON

Job date

Fri, 19 Jul 2024 02:10:18 GMT

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