Head of Planning and Management Control
Department: FIX – Management Reporting
Location: Montreal, QC (5 days onsite during the first 3 months and then hydrid 3 days on-site)
Employment Type: Full time Permanent
Only candidates legally eligible to work in Canada without the need for visa sponsorship will be contacted
Department Overview
The Planning and Management Control department produces comprehensive reports for senior management, delivers monthly financial performance commentary, and coordinates annual budgets. The team controls regional expenses, manages expense allocations, handles forecasting, and processes monthly closing entries for financing activities. It also serves as the primary interface between business lines, support functions, and Finance on finance-related matters.
Primary Responsibilities
Financial Planning & Reporting
- Coordinate monthly close meetings and oversee monthly P&L forecasts supporting asset and liability management and hedging activities.
- Manage quarterly forecasts and other forecasting requirements.
- Coordinate and deliver the annual regional budget process.
- Ensure accurate monthly financial data production within established reporting deadlines.
Management Reporting & Analysis
- Prepare monthly and quarterly dashboards for management committees, board meetings, and regulatory bodies.
- Review and publish the team’s monthly P&L analysis.
- Respond to inquiries from senior Finance leadership and executive stakeholders.
Operational Management
- Ensure appropriate monthly bonus accruals.
- Process monthly closing entries for financing activities.
- Serve as a key Finance contact for management.
- Prepare monthly intercompany recharges and semi-annual billing, responding to related inquiries as needed.
Team Leadership
- Manage and develop a team of nine professionals across multiple locations.
- Delegate effectively and encourage collaboration across teams and functions.
Key Internal Contacts
- Regional CFO.
- Central management reporting teams.
- Management committee members.
- Other Finance teams.
- IT, HR, and Risk departments.
Qualifications & Experience
- Bachelor’s degree required.
- Approximately 10–15 years of relevant professional experience.
Technical Competencies
- Advanced proficiency in Microsoft Excel and PowerPoint.
- Expertise in Essbase.
- Strong understanding of organizational structures within a complex financial institution.
- Strong knowledge of accounting principles and standards, including GAAP and IFRS.
- Expertise in management control principles, standards, and processes.
Essential Skills
Analytical & Decision-Making
- Strong ability to analyze and summarize complex information.
- Effective prioritization and ability to work independently.
- Strong decision-making and problem-solving skills.
Leadership & Collaboration
- Proven ability to work effectively in a team environment.
- Strong delegation and collaboration skills across functions.
- Ability to develop team members.
Adaptability
- Flexibility to adapt to changing business environments.
- Ability to lead departmental transformation projects involving IT tools and reporting support.
- Ability to organize activities across multiple locations, including establishing policies, procedures, and responsibilities.
PlanIT is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All employment is decided based on qualifications, merit, and business needs.
Disclosure:
This posting represents an active and genuine vacancy with one of Plan IT’s clients and is not intended for speculative or pipeline recruitment. Plan IT and/or its clients may use AI-assisted tools from time to time to support the screening and evaluation of applications; however, these tools do not replace human judgment or decision-making at any stage of the hiring process.
