Head of Planning and Management Control

Head of Planning and Management Control

A large international financial institution operating across multiple regions, serving corporate, institutional, and commercial clients. The organization provides services in investment banking, capital markets, structured finance, commercial banking, and international trade within a highly regulated global environment. Position: Head of Planning and Management Control

Title: Head of Planning and Management Control

Location: Montreal

Work model: Hybrid, 2 days remote work allowed, in-office to start for training

Type of position: Full time, permanent

Salary: ?? + ??% bonus (will confirm in 1-2 business days) + 4 weeks vacation. They offer a great benefits package. RRSP matching, you contribute 2% and they contribute 8%.

Role: The Planning and Management Control department produces comprehensive reports for Head Office and local managers, delivers monthly commentaries on the banks's Americas activities, and coordinates annual budgets. The team controls regional expenses, manages expense allocations, handles forecasting, and processes monthly closing entries for Financing activities while serving as the primary interface between local business lines, support functions, and Finance on all finance-related matters.

Department: FIX – Management Reporting

Reports To: CFO America

Team Size: 9

Primary Responsibilities

Financial Planning & Reporting

Coordinate monthly close meetings and oversee monthly P&L forecasts for ALM used in Head Office hedging of NY results.

Manage J-15 quarterly forecasts and other forecasts for Head Office.

Coordinate and produce the annual budget process across the Americas region.

Ensure accurate monthly data production in accordance with Head Office timelines.

Management Reporting & Analysis

Prepare local dashboards on a monthly/quarterly basis for corporate banking Americas Management Committee, CA Securities (USA) Inc. Board Meeting, and regulatory bodies.

Review and publish monthly analysis of the P&L prepared by the team.

Respond to Head Office and CFO inquiries as needed.

Operational Management

Ensure proper monthly bonus accruals for USA operations.

Process monthly closing entries for Financing activities.

Serve as key FIX contact for CUSO Management.

Prepare monthly CUSO recharges and semi-annual billing, responding to inquiries as needed.

Team Leadership

Manage and develop a team of 9 professionals across three locations.

Delegate effectively and foster cross-disciplinary collaboration.

Key Internal Contacts

New York CFO

Management Reporting teams in Paris

US Management Committee members

Other Finance Teams

US IT, HR and Risk departments

Qualifications & Experience

Education

Bachelor's Degree (required).

Professional Experience

10–15 years of relevant professional experience.

Technical Competencies

Advanced proficiency in Microsoft Excel and PowerPoint.

Expertise in Essbase. (not must have)

Comprehensive knowledge of Corporate banking organizational structure.

Strong understanding of accounting norms and standards (GAAP / IFRS).

Expertise in corporate banking Management Control norms and standards.

Essential Skills

Analytical & Decision-Making

Strong ability to analyze and summarize complex information.

Effective prioritization and autonomous work capabilities.

Excellence in decision-making and issue resolution.

Leadership & Collaboration

Proven ability to work successfully in team environments.

Strong delegation and cross-disciplinary cooperation skills.

Capacity to develop team members.

Adaptability

Flexibility to adapt to changing business environments.

Ability to lead a department transformation project (IT tools, reporting support, etc.).

Ability to structure an activity conducted from different locations, including organization, policies, and procedures.