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Job Information

City National Bank Senior Manager -Finance in Los Angeles, California

SENIOR MANAGER - FINANCE

WHAT IS THE OPPORTUNITY?

This position is responsible for managing the CNB forecasting, planning and 3 year outlook process along with putting together insightful analytics and recommendations including peer analysis. The individual will partner across the organization to get the most accurate inputs while ensuring that the economics of the financials represents the strategic goals of the company and business units. Additionally, the role is responsible for preparing presentations and reports to CNB and RBC's leadership team(s).

What you will do

  • Prepare and coordinate the annual budget for the enterprise, ensuring goals and strategic initiatives are in line with Bank objectives. Maintain driver based budget/forecast models and ensure assumptions are reasonable, accurate, and have integrity. Prepare budget/forecast presentations for CNB and RBC’s leadership.

  • Prepare monthly and weekly forecasts and communicate drivers to RBC and CNB’s leadership team. Review quantitative and qualitative details to ensure they are accurate and rational by working with subject matter experts in their respective areas.

  • Continuously look for efficiencies and synergies in the workflow by building partnerships with stakeholders across the organization. Create procedures and/or templates for more efficient business unit roll ups.

  • Anticipates needs of leadership by conducting special financial projects and participating in various task forces and committees as required by senior management.

  • Provide actuals to forecast/plan variance commentary to Accounting for explanations to CNB and RBC. Understand CNB from an IFRS viewpoint to ensure commentary aligns with Toronto’s view.

  • Oversee the upload of the budget in RBC’s EPM system; complete numerous templates as requested from RBC.

  • Supervise workflow and provide expertise and direction to support staff as needed.

  • Comply fully with all Bank policies and procedures, as well as all regulatory requirements.

  • Complete ad-hoc requests/presentations.

  • Be a facilitator of information within the Finance division and across other divisions.

  • Complete all required training.

  • Manages a staff of 3-4 Finance Managers and/or Senior Financial Analysts

  • Participates in bank wide projects and initiatives as needed

Must-Have*

  • Bachelor's Degree or equivalent

  • Minimum 10 years of experience working for a financial institution required

  • Minimum 10 years of experience in a financial management role required

Skills and Knowledge

  • Knowledge in every facet of financial management

  • Ability to communicate with executive leadership

  • A CFA, CPA, or MBA is highly desirable.

  • Requires extensive knowledge of financial analysis techniques and generally accepted accounting principles and procedures, as well as strong experience in the use of financial/accounting related reporting systems (e.g. CONTROL, Hyperion, Cognos, etc.) and the preparation and presentation of managerial reporting.

  • Excellent managerial, organizational, analytical, and project management skills required.

  • Excellent interpersonal, verbal, and written communication skills.

  • Ability to build positive relationships both within the Finance Division and throughout the Bank; work cooperatively with members of the Executive Committee and the Strategy and Planning Committee.

  • Must be capable of establishing professional expertise through integrity, dedication, and strategic counsel.

  • Must be capable of inspiring confidence and respect in staff and motivate colleagues to achieve Finance Division and company goals.

  • Excellent Microsoft Office skills (e.g., Outlook, Excel, Word, PowerPoint, Access, OneNote) required.

Compensation

Starting base salary: $127,626 - $237,014 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

*To be considered for this position you must meet at least these basic qualifications

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks (https://image.emails.cnb.com/lib/fe5e15707c640c78771c/m/10/cbedd856-c2fc-491b-a625-3ab7a0fd9a65.pdf) .

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.

ABOUT CITY NATIONAL

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.

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