Managing Director, Lead Financial Officer, Corporate Revenue

Application Deadline:

10/13/2024

Address:

100 King Street West

Job Family Group:

Finance & Accounting

Accelerate your career by joining BMO’s Corporate Revenue team, reporting to the Head, Enterprise Transformation and Corporate Revenue CFO. You’ll have a unique opportunity to help execute and transform the corporate revenue function across forecasting, reporting, governance, and accountability. You’ll deliver engaging and high-impact work that will provide exposure to BMO’s finance, treasury, and risk senior leadership and build your brand and network across the bank. You’ll be integrated into BMO’s broader Corporate Strategy and Enterprise Transformation team, which supports BMO’s Executive Committee in strategic decision-making and value delivery to create sustained competitive advantage for the bank. 

Managing Director, LFO, Corporate Revenue Job Description:

Develops detailed financial and economic analysis to assist the designated business portfolio with decision support. Works closely with business leaders and Finance partners to provide financial advice and service that supports the financial management activities of the Group/portfolio. Supports the monitoring and management of financial performance against plans, forecasts, initiatives, and objectives. Generates information and insights that support key business decisions to drive value (e.g., revenue growth, cost management, resource allocation, balance sheet optimization, etc.)

• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
• Ensures alignment between values and behaviour that fosters diversity and inclusion.
• Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
• Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
• Attracts, retains, and enables the career development of top talent.
• Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
• Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives.
• Develops an expert understanding of business/group challenges.
• Networks with industry contacts to gather competitive insights and best practices.
• Recommends measures to improve organizational effectiveness.
• May consult to or serve on various committees and task forces.
• Manages resources and leads the execution of accounting, risk and regulatory related strategic initiatives to deliver on business and financial goals.
• Owns internal/external stakeholder relationships, which may include regulators.
• Defines business requirements for analytics & reporting to ensure data insights inform business decision making.
• Designs and produces regular and ad-hoc reports, and dashboards.
• Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution.
• Assesses and adapts financial management service delivery; develops new capabilities to ensure ongoing success.
• Supports/Leads financial planning, forecasting and performance reviews that utilize plan, forecast and actual financial information to develop annual plans and targets.
• Performs variance analyses, and ad-hoc forward-looking analyses to improve understanding of business drivers as well as opportunities to improve performance for product improvement, profit improvement, financial impact of initiatives/strategic business decisions.
• Supports the development of methodologies and policies to enable analyses and insights focused on financial dimensions (e.g., revenue, expense, balance sheet, capital, etc.).
• Determines the financial impact of initiatives/ strategic business decisions, and incorporate the impacts into future financial forecasts/plans.
• Assesses reasonableness of business cases and performs due-diligence during Investment reviews and approvals processes.
• Works with the business to align key performance indicators with financial forecasts and plans.
• Breaks down strategic problems, and analyses data and information to provide financial insights and recommendations.
• Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.
• Integrates information from multiple sources (e.g. financial and operational systems) to enable more efficient processes, enhanced analysis and/or streamlined reporting.
• Monitors and tracks performance, and addresses any issues.
• Acts as a trusted financ