ResponsibilitiesThe Core Responsibilities!
Financial Analysis & Reporting/Ad Hoc Reporting
Preparation and development of reporting for both corporate and business line financial performance
Monitoring, continually assessing, and measuring results and processes against established risk frameworks
Directly supporting revenue generation by providing business units with the timely information and reporting and analysis necessary to transact, understand, manage and optimize associated market and operational risks
Development and preparation of reporting of key portfolio performance and profitability measures and exposure levels to key risks, producing analysis to support hypothesis, recommendations and decisions
Providing timely reporting of information to facilitate informed business decisions
Reporting requests may require the candidate to collect, consolidate and analyze financial data and key performance metrics derived from various sources
A high degree of flexibility, autonomy and attention to detail, often under tight timeframes
Key deliverables includes, but are not limited to:
Business Unit specific portfolio reporting
Business Unit specific efficiency and KPI reporting
Continuity Reports (Actual and Budget vs. Actual)
Ad-hoc reporting, as required by Senior Management and Executive Management
The candidate may be required to assist in other areas of the Accounting and Finance department and other business units as needs arise
Support strategic center of excellence by preparation of analysis as required, as well as leading specific strategic financial analysis as required
Assisting with the implementation of business unit tactics that support corporate strategies
Providing unbiased and objective opinion and analysis of Front Office business decisions
Maintenance of Financial Models
Liaise with Management within various Business Units to collect relevant assumptions which drive Financial Model output
Develop and maintain dynamic models to conduct financial analysis of business lines, projects, and products
Key deliverables include, but are not limited to: Annual Budget Model, Monthly Financial Forecasts, Business Unit NIM, Business Unit ROE and Pricing analysis
This role will require the candidate to run and review output from detailed Financial Models
Responsible for accuracy of data extraction and interpretation of data from various information sources
Training, problem solving, delegating workflow, and reviewing analysis and reporting with Analysts in the Analytics group
Enhance Financial Analysis and Processes
Assess and recommend improvements to the Annual Budget and Monthly Forecasting Process, including the use of Budgeting/ Forecasting tools Proactively find ways to improve the technical accuracy, validation, and organization of Financial Analysis
Structure key processes and develop relevant background documentation with a view to enhance efficiencies and manage risk
Reporting, identifying, assessing and analyzing the impact of operational risk inherent in products, activities, processes and systems for which it is accountable
RequirementsLet's Talk About You!
Post-secondary degree in Accounting, Finance, Economics, or Business preferred
CFA/CPA designation completed (at the very least in process)
Minimum 7 years of progressive and relevant work experience
Minimum 3 years’ experience managing a team
Experience overseeing/reviewing junior Team members’ work
Comprehensive understanding of the financial products and services offered at Concentra
Demonstrated ability using MS Office (Excel, Access, PowerPoint and Word)
Employ advanced Excel skills such as Pivot Tables, Nestled “IF” Statements, VLOOKUP, OFFSET, SUMIFS, MATCH-INDEX, etc. to assist in building efficient and accurate financial models
Comprehensive understanding in the measurement, monitoring and analysis of balance sheet risk management
Comprehensive understanding of internal control framework and operational risk elements
Working level ability to assess complex financial issues, recommend strategies, plans and tactics to meet business objectives
Experience utilizing technology to gather and manipulate data
Knowledge of financial statements and reporting is required
Knowledge of financial modeling concepts is required
Possess strong problem-solving and analytical skills
Strong attention to detail and organizational skills
Strong two-way communication and leadership skills
Ability to handle multiple competing priorities (multi-tasking)
Enjoys working in both team and individual environments
