Manager, Management Reporting & Planning (18-month contract)

The Manager, Management Reporting & Planning (“MR&P”), will be part of a team responsible for building an outstanding financial planning and management reporting function, maturing quarterly forecast and multi-year enterprise planning processes and methodologies, developing strategic partnerships with cross functional divisional leaders, to assist them with business management and provide management reporting insights that are timely and decision useful.

You will work with a diverse team of financial professionals from multifaceted backgrounds and you will report directly to the Senior Manager, Financial Planning & Analysis

Financial Planning & Analysis:

• Prepare base quarterly forecasts and annual/3-year plan for assigned division(s), support cost centre and department business partner assumption modelling and integration of top-down budgeting guidance with bottom-up cost centre rollup, which includes Workforce Planning, General & Administrative Costs, Investment Related Transaction Costs and External Management Fees and supports Capital Plan and Project Finance.

• Work with Sr. Manager and functional partners to assess expenditure drivers and savings levers for both fixed, variable, discretionary and strategic initiative spend. Gather relevant and complete data, drivers and assumptions to develop what-if scenario models and perform multi scenario analysis to support operating and financial decisions.

• Prepare board and executive management recurring and ad-hoc reporting and presentations and applicable material. Support preparation of internal stakeholder (CFO/FMR leadership, divisional departments leaders and cost centre managers) presentations, materials and applicable communications as related to results, forecast and budget and ad-hoc analysis.

• Analyze financial performance of assigned division(s), identifying key drivers of variances and financial implication of business activity changes / assumption revisions and their impact on forecast and annual budget.

• Develop overall “so what, now what” insight, make connections to divisional priorities, KPI’s and other metrics and provide recommendations for budget management and mitigation opportunities.

• Create analytical models, spot trends, identify relevant risks and opportunities and create insight that will be information and decision useful to varied level of stakeholder decision making (i.e. salaries & benefits and workforce, travel, professional fees, technology costs etc.)

• Manage financial models to support forecasting, budgeting and reporting to develop insights into cost structures to support prioritization decisions and strategic business decisions.

• Support ongoing peer benchmarking and related analysis to help provide insights, develop top-down guidance and drive business outcomes based on performance / results relative to peers.

• Contribute to maturing the overall enterprise forecasting and budgeting process, including supporting change management within the team and functional and operating divisions, bringing in best practices for the forecasting and budgeting processes and effectively managing timelines and expectations.

• Reinforce culture of cost consciousness, cost transparency and cost management.

Management Reporting:

• Prepare month end financial analysis for assigned division(s), analyzing driver-based variance analysis of actual vs. budget, prior periods, forecast, creating decision useful insight for cost centre managers and divisional/department leaders.

• Prepare ongoing management reporting including KPIs, performance and other metrics, leveraging relevant data visualization techniques (creating dashboards, graphical storytelling etc.) to help evaluate overall performance of asset classes, total plan performance and metrics (inclusive of divisional & departmental results and people and non-people cost allocations) and related insights vital for Executive Team members to operate the business effectively and efficiently.

• Understand & manage (where applicable) corporate cost allocation model and analyze impact on results of assigned division(s).

• Work with Sr. Manager and functional partners to enhance internal management reporting, KPI and other performance and operating metrics tracking that connect back to divisional and enterprise priorities.

• Assess opportunities, provide recommendations and execute automation of management reports and self-serve capabilities (through PowerBI or other tools).

• Prepare/contribute to monthly and quarterly executive leadership reporting.

• Provide recommendations to both internal finance and divisional stakeholders based on analysis and interpretation of financial and non-financial results to support decision making.

• Proactively seek to build partnerships and provide advisory role to divisional and department leaders by gaining business understanding and supporting strategy development through predictive analytics, what-if analysis and assessment of reporting requirements needs - inclusive of data source and methodology requirements to support strategic business insight and decision making.

• Support discussions and presentation of monthly/quarterly department and/or divisional financial results reviews with cost centre, department and division leaders (where applicable).

Projects and Process Improvement & Stakeholder Management

• Actively challenge status quo and continuously assess effectiveness and efficiency of systems, processes and provide recommendations for improvements, automation and re-design as applicable.

• Develop documentation of assigned processes and procedures and critical paths for deliverables.

• Continuously monitor progress against deliverables, provide timely and realistic updates on status & issues, and work with Sr. Manager to effectively prioritize/re-allocate workload to support timely completion of critical recurring & ad-hoc deliverables to stakeholders.

• Manage and improve deliverables timelines, effectively prioritizing, monitoring and providing feedback on executed activities and deliverables to ensure MR&P mandate is delivered with exceptional quality and within agreed upon timelines.

• Collaborate with Sr. Manager and team to proactively resolve issues that may arise from changes to plans, priorities, processes, schedules. Assess impact on stakeholders & deliverables (risks and opportunities) and provide solution recommendations.

• Act as subject matter expert (SME) on system/tooling implementation or other financial or operational projects as applicable, contributing to requirement, future state design, testing and overall timely/cost and effective deployment.

• Drive process improvement and implementation of change management strategies by contributing to overall communication, training, redesign and documentation of process and procedures, both impacting internal MR&P team and cross functional partners.

• Identify opportunities/requirements and develop solutions/courses of action where there often is no internal precedent. Due to the non-recurring and analytical nature of activities, a high level of constructive thought is required.

• Ability to function independently and as part of a team to provide research, analysis, and development support to budget managers and the MR&P team for decision making.

• Identify opportunities/requirements and develop solutions/courses of action where there often is no internal precedent. Due to the non-recurring and analytical nature of activities, a high level of constructive

• 6+ years of progressive professional experience in Finance, with emphasis on financial planning, management reporting & analysis, and stakeholder relationship building

• Professional accounting designation (e.g. CPA, CA, CMA, CGA)

• Knowledge of accounting theory and good practical understanding of financial reporting, internal controls, financial planning, budgeting, and cost accounting including related methodology, techniques and procedures.

• Proven experience working in a customer centric environment and thriving in a dynamic high pace performance-based culture

• Exceptional communication skills (verbal, written and listening) and proven ability to organize and present complex information in a succinct, logical and insightful manner to both executive leaders, business stakeholders and internal finance team

• Strong analytical and quantitative ability, meticulous, focused on quality, accuracy, completeness and “so what, now what” insights

• Exceptional prioritization, organizational and workload management skills for both independent and team deliverables

• Proven experience building management reporting and leveraging tools/visualization aids (PowerBI, Tableau) and advanced knowledge of Microsoft Excel (working with large data sets, modeling analysis & reporting), Microsoft PowerPoint and Microsoft Word (exposure to Microsoft Power Automate is an asset)

• Working experience with Anaplan, OneStream, Workday, is an asset

• You will find opportunities / requirements and develop solutions / courses of action where there may be no precedent internally, and little externally. Due to the non-recurring and analytical nature of the activities, a high level of constructive thought will be necessary

• Prior exposure to change management - able to effectively support change across the department and the organization

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What we’re offering

• Pay-for-performance environment that offers competitive salary and incentive

• Numerous opportunities for professional growth and development

• Comprehensive employer paid benefits coverage

• Retirement income through a defined benefit pension plan

• The opportunity to invest back into the fund through our Deferred Incentive Program

• A flexible/hybrid work environment combining in office collaboration and remote working

• Competitive time off

• Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year

• Employee discount programs including Edvantage and Perkopolis

At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.

How to apply

Are you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.

Accommodations are available upon request (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.

Candidates must be legally entitled to work in the country where this role is located.

Ontario Teachers’ may use AI-based tools to assist in screening and assessing applicants for this position. These tools may help us identify candidates whose skills and experience align with Ontario Teachers’ objectives by analyzing information provided in resumes and applications. Our use of AI does not replace human decision-making.

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Functional Areas:

Vacancy:

Current