Manager – Management Reporting & Planning

The opportunity

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

Who you’ll work with

The Manager, Management Reporting & Planning (“MR&P”) will report to the Senior Manager, Management Reporting & Planning.

What you’ll do

Financial Planning & Analysis

• Prepare base quarterly forecasts and annual/3-year plans for assigned division(s). Support cost center and department business partner assumption modeling and integration of top-down budgeting guidance with bottom-up cost center rollups, which include Workforce Planning, General & Administrative Costs, Investment-Related Transaction Costs, and External Management Fees. Support Capital Plan and Project Finance.

• Work with the Senior Manager and functional partners to assess expenditure drivers and savings levers for 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. Support the preparation of internal stakeholder (CFO/FMR leadership, divisional department leaders, and cost center managers) presentations, materials, and applicable communications related to results, forecasts, budgets, and ad-hoc analysis.

• Analyze financial performance of assigned division(s), identifying key drivers of variances and the financial implications of business activity changes or assumption revisions, and their impact on forecasts and annual budgets.

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

• Create analytical models, spot trends, identify relevant risks and opportunities, and provide insights that will be decision-useful to stakeholders at varying levels (e.g., salaries and benefits, workforce, travel, professional fees, technology costs, etc.).

• Manage financial models to support forecasting, budgeting, and reporting, developing insights into cost structures to support prioritization 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 enterprise forecasting and budgeting process, supporting change management within the team and functional and operating divisions, introducing best practices, and effectively managing timelines and expectations.

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

Management Reporting

• Prepare month-end financial analysis for assigned division(s), performing variance analysis of actuals vs. budget, prior periods, and forecast, and creating decision-useful insights for cost center managers and divisional/department leaders.

• Prepare ongoing management reporting, including KPIs, performance metrics, and other data, using visualization techniques (e.g., dashboards, graphical storytelling) to evaluate asset class performance, total plan performance, and divisional/departmental results.

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

• Work with the Senior Manager and functional partners to enhance internal management reporting, KPIs, and other performance metrics, ensuring alignment with divisional and enterprise priorities.

• Assess opportunities, provide recommendations, and execute automation of management reports and self-service 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.

• Build partnerships and provide advisory support to divisional and department leaders by understanding their business and supporting strategy development through predictive analytics and what-if analysis.

• Support discussions and presentations of monthly/quarterly financial results with cost center, department, and division leaders.

Projects, Process Improvement & Stakeholder Management

• Challenge the status quo and continuously assess systems and processes, providing recommendations for improvements, automation, or redesign as applicable.

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

• Continuously monitor progress against deliverables, providing timely updates on status and issues, and work with the Senior Manager to prioritize and allocate workloads effectively.

• Manage deliverable timelines, ensuring they are met with exceptional quality.

• Collaborate with the Senior Manager and team to proactively resolve issues that may arise from changes to plans, priorities, or processes. Provide solution recommendations based on impact analysis.

• Act as a subject matter expert (SME) on system/tool implementation or other financial/operational projects, contributing to requirement gathering, testing, and deployment.

• Drive process improvement and change management strategies through communication, training, and documentation of processes.

• Identify opportunities and develop solutions where there is no internal precedent. A high level of analytical thought is required for non-recurring activities.

• Function independently and as part of a team, providing research, analysis, and development support to budget managers and the MR&P team.

What you’ll need

• 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.

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

• 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.

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