Bank of the West currently has an opening in the Controller's Department which would be responsible for a body of work with the objective to analyze, report on and improve the Bank’s performance from a number of perspectives: Directing the budget/forecast Management Reporting process and improvements thereto; directing the activities of the analytical team with responsibility for regular and ad hoc reporting and analysis, partnering with the business lines,
Support groups, accounting and treasury. Providing insightful and actionable analysis to identify opportunities to improve process, efficiency, and productivity in Management Reporting activities. Providing insightful analysis on the Bank and its business lines’ performance to senior management for business decision making. Drive Management Reporting loop: * reporting actuals * Explantions of variance to Budget / Plan * analysis to shine a light on risks and opportunities for
Executive management. This position will report to the Head of Management Reporting within the
Financial Planning and Analysis department. The ideal candidate will be a key analytical resource who will provide business insights for management through data driven analysis and reporting. The candidate should also be comfortable working with
Finance Technology to automate and streamline Management Reporting processes
In this important role you will:1) Drive the Management Reporting Process, including timing, deliverables, presentation content and target setting with senior management
2) Provide strategic insight in the review of the Bank’s performance, including the performance of individual business lines and divisions that are incorporated into the review of monthly results, forecast and budget
3) Researche root causes of variances against historicals and plan; conducts analysis and synthesizes findings into effective written summaries / presentations.
4) Responsible for working with business lines to determine leading / lagging business drivers and understand their Key Performance Indicators (KPI’s) and to incorporate those drivers into the Management Reports
5) Create strategic analysis of business line/ unit profitability that allows for Senior Management to make strategic decisions regarding the allocation of resources to the business activity.
6) Responsible for effective communication of potential issues of meeting Management Reporting deliverable and deadlines to Senior Management
Requirements:• Bachelor’s Degree in
Finance or related field required
• Master’s/Advanced Degree in
Finance or
Accounting or related field preferred
• 6 or more years of relevant experience, preferably in the
Banking industry; experience leading a planning process and analytical experience
• 6-10 years of business analysis experience
• Significant knowledge and experience in Budgeting / Forecasting / Management Reporting functions; should have excellent skills in creating controlled production processes, which create efficient, accurate and reliable reporting on a consistent basis
• Experience with Hyperion (v9) – including Smartview, Essbase, and
Financial Reports preferred
• Experience managing large projects with competing deliverables and timelines
• Track record of improving processes for accuracy, repeatability and control
• Excellent
Customer Service Skills to build strong relationships with business lines
• Solid organizational skills, with the ability to handle complex projects in a multi-tasking environment and meet deadlines with quality results
• Strong experience in report writing, business requirement proposals, client interaction, and methodology documentation
• Strong written and verbal communication skills
• Strong analytical and problem-solving skills coupled with thoroughness and attention to detail.
• Must have a desire and ability to work closely with the data and technology specialists on project assignments.
• Experience to draw from when processing data and information
• Experience in database software e.g. Access/ ACL etc
• Ability to lead a team of financial analysts
