Senior Analyst, Financial Planning & Analysis
Top Benefits
About the role
Job Details
Description Key Responsibilities Planning & Forecasting
- Project manage all aspects of the AOP and three quarterly reforecasts.
- Coordinate with budget holders across business units to ensure inputs into True Sky, Alterna’s budgeting tool are complete and accurate.
- Reconcile and analyze product growth plans from Sales Reporting and the related net interest margin (NIM) forecasts from Treasury; manage the final input of growth and NIM into True Sky.
- Create pro-forma financial statements using Sage Enterprise Intelligence (SEI), maintain version control and ensure data integrity throughout the planning & forecasting cycles.
- Administer planning tools, including template design, user profiles, access controls and cost center hierarchies.
- Providing detailed analysis to drive key performance indicators used by Management.
Reporting & Analysis
- Publish self-serve reports in True Sky for budget holders.
- Develop and automate budget-to-actual reports and dashboards using SEI and Power Bi for senior leadership.
- Deliver insightful variance analysis and commentary to budget holders, executive leadership and the Financial Reporting team.
- Conduct peer benchmarking to support profitability and strategic planning.
- Develop a financial reporting dashboard of KPIs using analytic tools on a monthly basis for executive leadership.
- Support ad-hoc projects focused on financial planning, performance optimization and peer review.
Technology & Innovation
- Optimize the use of current tools (True Sky, SEI, Power BI) and leverage new technologies, including AI-driven analytics and digital reporting platforms.
- Design and enhance reporting templates and workflows to improve efficiency and data visualization.
- Providing training and support to True Sky users whenever required. internal stakeholders on self-serve budgeting and reporting tools.
Cross-Functional Collaboration
- Collaborate with Financial Reporting to support accruals and variance analysis for accurate financial reporting and cost control.
- Partner with budget holders to enhance reporting that drives accountability and results.
- Align with Sales Reporting on product growth assumptions and with Treasury on NIM forecasts for integrated planning.
- Liaise with software consultants to ensure a seamless user experience with Alterna’s planning tools.
Qualifications
- Financial Designation is required with a preference for a CPA designation or; other relevant credentials (MBA, CFA)
- 5+ years of experience in financial reporting, FP&A, corporate finance or management reporting.
Knowledge / Skills
- Strong financial modeling and data analysis skills.
- Proficiency in Excel and openness to learning tools such as True Sky and SEI.
- Strong desire for continuous learning and skills development.
- Experience with BI platforms (i.e. Power BI), True Sky or Sage Enterprise Intelligence would be an asset; and
- A strong understanding of banking operations.
About Alterna Savings Alterna Savings and Credit Union Limited (Alterna) has been the good in banking for 112 years! Alterna is made up of Alterna Savings and Credit Union Limited and its wholly-owned subsidiary, Alterna Bank. Together, we have $9.6 billion in assets under management.
As the first full-service, member-owned co-operative financial institution outside Quebec, Alterna Savings shares its expertise with more than 183,000 members through a network of 36 branches across Ontario, that includes partner Peterborough Community Savings; as well as call centre and digital channels. Members and customers also benefit from industry-leading online brokerage, investment management services, and have access to the largest surcharge-free ATM network in Canada through THE EXCHANGE® Network, with over 3,700 ATMs to serve them.
Working at Alterna Every day, over 600 people take pride in putting our members first. Our caring culture has been recognized by the prestigious employer awards National Capital Region’s Top Employers and Aon’s Best Employers (Platinum level).
- Although we appreciate all applicants, preference will be given to candidates who most closely meet the qualifications, key skills and competencies outlined above.
- Alterna is compliant with the Ontarians with Disabilities Act. If you have a disability, please contact the recruiter to let us know how we can accommodate you.
About Alterna Savings
Alterna Savings and Credit Union Limited (Alterna) has been the Good in Banking for over 115 years, is the third-largest credit union in Ontario and one of Canada’s Top 10 Credit Unions. As the first full-service, member-owned cooperative financial institution outside Quebec, Alterna Savings shares its expertise with 217,000 members through a network of 46 branches across Ontario, as well as call centre and digital channels. Members and customers also benefit from an industry-leading online brokerage, investment management services, and have access to over 43,000 surcharge-free ATMs in North America with THE EXCHANGE Network in Canada and the Allpoint Network in the US.
Senior Analyst, Financial Planning & Analysis
Top Benefits
About the role
Job Details
Description Key Responsibilities Planning & Forecasting
- Project manage all aspects of the AOP and three quarterly reforecasts.
- Coordinate with budget holders across business units to ensure inputs into True Sky, Alterna’s budgeting tool are complete and accurate.
- Reconcile and analyze product growth plans from Sales Reporting and the related net interest margin (NIM) forecasts from Treasury; manage the final input of growth and NIM into True Sky.
- Create pro-forma financial statements using Sage Enterprise Intelligence (SEI), maintain version control and ensure data integrity throughout the planning & forecasting cycles.
- Administer planning tools, including template design, user profiles, access controls and cost center hierarchies.
- Providing detailed analysis to drive key performance indicators used by Management.
Reporting & Analysis
- Publish self-serve reports in True Sky for budget holders.
- Develop and automate budget-to-actual reports and dashboards using SEI and Power Bi for senior leadership.
- Deliver insightful variance analysis and commentary to budget holders, executive leadership and the Financial Reporting team.
- Conduct peer benchmarking to support profitability and strategic planning.
- Develop a financial reporting dashboard of KPIs using analytic tools on a monthly basis for executive leadership.
- Support ad-hoc projects focused on financial planning, performance optimization and peer review.
Technology & Innovation
- Optimize the use of current tools (True Sky, SEI, Power BI) and leverage new technologies, including AI-driven analytics and digital reporting platforms.
- Design and enhance reporting templates and workflows to improve efficiency and data visualization.
- Providing training and support to True Sky users whenever required. internal stakeholders on self-serve budgeting and reporting tools.
Cross-Functional Collaboration
- Collaborate with Financial Reporting to support accruals and variance analysis for accurate financial reporting and cost control.
- Partner with budget holders to enhance reporting that drives accountability and results.
- Align with Sales Reporting on product growth assumptions and with Treasury on NIM forecasts for integrated planning.
- Liaise with software consultants to ensure a seamless user experience with Alterna’s planning tools.
Qualifications
- Financial Designation is required with a preference for a CPA designation or; other relevant credentials (MBA, CFA)
- 5+ years of experience in financial reporting, FP&A, corporate finance or management reporting.
Knowledge / Skills
- Strong financial modeling and data analysis skills.
- Proficiency in Excel and openness to learning tools such as True Sky and SEI.
- Strong desire for continuous learning and skills development.
- Experience with BI platforms (i.e. Power BI), True Sky or Sage Enterprise Intelligence would be an asset; and
- A strong understanding of banking operations.
About Alterna Savings Alterna Savings and Credit Union Limited (Alterna) has been the good in banking for 112 years! Alterna is made up of Alterna Savings and Credit Union Limited and its wholly-owned subsidiary, Alterna Bank. Together, we have $9.6 billion in assets under management.
As the first full-service, member-owned co-operative financial institution outside Quebec, Alterna Savings shares its expertise with more than 183,000 members through a network of 36 branches across Ontario, that includes partner Peterborough Community Savings; as well as call centre and digital channels. Members and customers also benefit from industry-leading online brokerage, investment management services, and have access to the largest surcharge-free ATM network in Canada through THE EXCHANGE® Network, with over 3,700 ATMs to serve them.
Working at Alterna Every day, over 600 people take pride in putting our members first. Our caring culture has been recognized by the prestigious employer awards National Capital Region’s Top Employers and Aon’s Best Employers (Platinum level).
- Although we appreciate all applicants, preference will be given to candidates who most closely meet the qualifications, key skills and competencies outlined above.
- Alterna is compliant with the Ontarians with Disabilities Act. If you have a disability, please contact the recruiter to let us know how we can accommodate you.
About Alterna Savings
Alterna Savings and Credit Union Limited (Alterna) has been the Good in Banking for over 115 years, is the third-largest credit union in Ontario and one of Canada’s Top 10 Credit Unions. As the first full-service, member-owned cooperative financial institution outside Quebec, Alterna Savings shares its expertise with 217,000 members through a network of 46 branches across Ontario, as well as call centre and digital channels. Members and customers also benefit from an industry-leading online brokerage, investment management services, and have access to over 43,000 surcharge-free ATMs in North America with THE EXCHANGE Network in Canada and the Allpoint Network in the US.