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    Managing Director, Financial Analytics and Planning - Toronto, Canada - CPP Investments

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    Full time
    Description

    Company Description

    Make an impact at a global and dynamic investment organization

    When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $500 billion, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure long-term sustainability. The CPP Fund is projected to reach $3 trillion by 2050. CPP Investments invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and is headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney.

    CPP Investments attracts and selects high-calibre individuals from top-tier institutions around the globe. Join our team and look forward to:

  • Diverse and inspiring colleagues and approachable leaders
  • Stimulating work in a fast-paced, intellectually challenging environment
  • Accelerated exposure and responsibility
  • Global career development opportunities
  • Being motivated every day by CPP Investments' important social purpose and unshakable principles
  • A flexible/hybrid work environment combining in office collaboration and remote working
  • A deeply rooted culture of Integrity, Partnership and High Performance
  • If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here's an opportunity for you to invest your career at CPP Investments.

    Job Description

    Management Analytics is an integral part of CPP Investments with the objective of evaluating how we generate incremental returns and manage our existing resources. It represents a management capability that can help us, over long horizons, iteratively improve the Fund's long-term investment performance.

    As part of the Management Analytics group within the Finance department, the Financial Analytics and Planning team will advance the integration between the Fund's capital and budget allocation processes and evaluation of historical results. Given the critical importance of effective resource allocation and trade-off decisions, this function will work collaboratively with key stakeholders to align capital expectations and recommend projection models that provide a resource allocation rationale for senior executives.

    In addition, this role will be responsible for defining and managing the Fund's cost management lifecycle, including strategic direction on the evolution of our finance systems. From short- and long-term financial forecasting, budgeting, variance and scenarios analysis, all components of this lifecycle will be integrated to deliver actionable insights to support departmental, senior management and Board-level decisions.

    This new function will be led by the Managing Director, Financial Analytics and Planning , reporting to the Head of Management Analytics.

    Responsibilities:

  • Lead the annual budgeting process and providing group leaders, department heads and senior management with financial projections and financial analysis for CPP Investments.
  • Perform analyses and recommendations with respect to strategic and financial priorities. This includes insightful, value-added analysis on key projects and financial matters and identify opportunities to improve the Fund's performance.
  • Supports resource allocation decisions through advanced analytics, monitoring of key performance metrics, benchmarking and scenario analysis
  • Develop and maintaining key financial metrics to evaluate Fund and departmental effectiveness and efficiency of resources. This should be informed by sourcing comparable external benchmarking on returns and cost profiles at the Fund, department, investment strategy group level. By using key internal and external financial data, scenario analysis will be developed to consider alternative business strategies.
  • Establish policies, standards, methodologies for cost classification, allocation and reporting to ensure they comply with best practices and to ensure that there is integrity and appropriate consistency with underlying assumptions/drivers when presenting information.
  • Lead and coach a team of finance professionals to deliver on the mandate described above through an inclusive, agile and high-performance culture. Maintaining a commercial mindset in the group in order to facilitate business success, while at the same time designing and maintaining effective cost controls.
  • Qualifications

  • A strategic mindset and proven ability to influence and shape a long-term approach to group success while taking an enterprise level view
  • Demonstrated change management experience culminating in excellence in execution
  • Demonstrated ability to manage and motivate a team in a fast-paced information-intensive environment
  • Display a commercial approach in their decision-making and is solution-oriented in the face of obstacles
  • Highly collaborative and enjoys being a part of a culture of excellence, is flexible and constantly strives to innovate
  • Drive a continuous learning and improvement mindset amongst the group and ability to work collaboratively with multiple departments to identify and solve issue
  • Stay up to date with industry trends and best practices, and identify opportunities to leverage new tools and techniques to drive business value
  • 10+ years of experience in a finance role
  • Advanced degree or certification in a finance related discipline
  • Ability to influence and oversee a group of business and technology professionals capable of developing automated processes and solutions for the group
  • Exemplify CPP Investments Guiding Principles of integrity, partnership and high performance


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