Financial Business Partner

Financial Business Partner

Take a central role

The Bank of Canada has a vision to be a leading central bank—dynamic, engaged and trusted—committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment.

Building on the principles that have always guided us – excellence, integrity and respect – we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.

With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada's top employers:

Find out more about the next steps in our .

What you will do

Reporting to the Director, Business Partnering in the Strategic & Financial Advice (SFA) business line of Financial Services (FIN), you provide strategic and financial advice to facilitate sound decision making that supports corporate and business objectives. You will also be contributing to the formulation of the Bank’s strategic plan, ensuring effective corporate planning, management of financial resources and management of enterprise risks for the Bank’s departments and portfolio of strategic investments.

As the Financial Business Partner, you build and foster strong, trusting relationships with designated governance bodies across the Bank, as well as departmental business partners, Human Resources (HR) partners and Information Technology (IT) partners.

Specifically, you will:

• lead the budget planning, forecasting and reporting for the Bank’s departments monitor and analyze departmental budget performance in relation to corporate objectives, identify trends, and develop mitigation strategies as required
  actively participate in the design and development of information, reports, and dashboards to provide relevant insights for sound management decision-making provide financial and strategic advice to the Bank’s departmental leadership teams actively influence day-to-day decisions, shaping the strategy and direction of the departments / Bank Identify key business performance risks, issues, and opportunities for stakeholders, and offer analysis with recommended options develop financial models aligned with the Bank’s financial framework identify key departmental cost drivers and promote cost control to ensure responsible use of resources and proper management of public funds.

What you need to succeed

• intellectual leadership and broad experience in different aspects of financial management and accounting ability to provide timely and sound strategic financial management advice and guidance at all levels within an organization ability to handle complex business challenges effectively excellent ability to communicate effectively both orally and in writing, including conveying complex and sensitive information in an appropriate manner ability to adapt influencing style to different situations ability to connect details and see the big picture strategic outlook and ability to conceptualize and communicate financial and organizational objectives strong focus on outcomes and demonstrated ability to manage changing priorities strong interpersonal skills and demonstrated partnership focus demonstrate open-mindedness, adaptability, and curiosity when navigating changes, challenges, or opportunities—including the adoption of technological advancements such as digital solutions and artificial intelligence. exhibit a willingness to acquire new methods, procedures, or techniques.

Nice-to-have

• knowledge of Canadian banking processes experience working with the enterprise resource planning system SAP experience working with Workday Adaptive Planning for financial planning work experience in both the public and private sectors

Your education and experience

• a university degree in a related field with a recognized Canadian (or reciprocal) accounting designation (CPA, CA/CPA, CMA/CPA, CGA) and a minimum of eight (8) years of relevant experience

or

• an equivalent combination of education and experience may be considered

Language requirement
The Bank’s work environment is conducive to the use of both of Canada’s official languages - English and French. The position language requirement is Level 5 (Fully Functional). If a qualified candidate who meets the language requirement of the position is not found, a qualified candidate who does not meet the language requirement may be considered. Training may be provided to help reach the required level. Both bilingual and unilingual candidates are encouraged to apply.

What you need to know

• Priority will be given to Canadian citizens and permanent residents Security level required: Be eligible to obtain Reliability There will be no relocation assistance provided Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.

Hybrid Work Model

The Bank offers work arrangements that provide employees with flexibility, enable high-performing teams, and support an excellent workplace culture. Most employees can telework from home for a portion of each month as part of the Bank’s hybrid work model, and they are expected on site at the Bank location a minimum of 12 days per month to help build connections between colleagues. You must live in Canada, and within reasonable commuting distance of the office.

What you can expect from us
This is a great opportunity to join a leading organization and be part of a high-performing team. We offer a competitive compensation and benefits package designed to meet your needs at every stage of your life and career. For more information on key benefits please visit .

• Salaries are based on qualifications and experience and typically range from $124,279 to $146,211 (job grade 18) The Bank offers an incentive for successfully meeting expectations at 7 to 10% of your base salary. The Bank offers additional performance pay (5%) for those who exceed expectations. Exceptional performers who far exceed expectations may be eligible for higher performance pay. Flexible and comprehensive benefits so you can choose the level of health and dental coverage that meets your needs Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement Option to join the indexed, defined-benefit pension plan after 24 consecutive months of service

We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.