Ottawa (Downtown), ON, CA
Financial Insights & Performance Analyst
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: Working Here - Bank of Canada
Find out more about the next steps in our Recruitment process.
What you will do
Reporting to the Senior Manager, Corporate Financial Performance, you will provide proactive financial insight and analytical support across financial accounting, reporting, and performance management. You will play a key role in month end close, management reporting, planning, forecasting, and analysis, drawing on both internal and external data to inform decision making.
You will help strengthen and evolve financial processes and controls, analyze transactional data to identify trends, irregularities, and risks, and collaborate with partners to continuously improve how financial information is produced, interpreted, and used across the Bank. Your work supports the delivery of high quality internal financial reporting and enables timely, data driven insights for senior leadership.
You will build strong relationships with financial partners and project coordinators across corporate business lines, leading and coordinating the month end reporting cycle. You will also champion continuous improvement and automation by working closely with stakeholders to enhance tools, processes, and controls, proposing improvements where needed to support accuracy, efficiency, and compliance.
Key accountabilities include:
- Prepare financial performance analyses to support planning, budgeting, forecasting, and management decision making.
- Produce the monthly financial reporting package for the FIN Senior Leadership Team, including clear analysis of key trends, variances, and underlying business drivers, supported by visuals and dashboards.Lead and coordinate month end close activities, engaging stakeholders to ensure accurate,
- timely recording and validation of transactions, including journal entries, in support of internal and external reporting requirements.
- Oversee selected reporting, planning, and analysis activities performed by the summer student Analyst, providing mentorship, guidance, and quality review.
- Drive continuous process improvement for month end and Financial Insights and Performance team processes, working with Financial Services Department colleagues and other partners to identify issues, mitigate risks, and implement improvements.
- Design and deliver training and knowledge sharing initiatives to enhance understanding of Bank operations and financial management practices across the organization.
- Lead and oversee capitalization and fixed asset processes, including annual fixed asset reviews, and partner with finance stakeholders to evaluate, validate, and optimize capital assessments while ensuring compliance with accounting standards.
What you need to succeed
- Be a team-player who takes initiative, is well organized and detail-oriented, and can ensure the completion of high-quality, timely deliverables.
- Have experience and/or have strong interest in financial planning and analysis and internal financial management.
- Have the ability to consolidate, analyze and visualize financial information to extract key messages, and leverage AI tools in your day-to-day work.
- Seek out and analyze information to draw logical conclusions, and be able to identify, consolidate, and prioritize issues, and translate them into improvement plans.
- Be accurate and efficient in your work and client-focused with your internal and external stakeholders.
- Be a self-starter, by taking initiative without prompt and by proactively considering next steps to move work forward while managing changing priorities.
- Have strong interpersonal skills and are an active listener with effective oral and written communication skills.
- Maintain a continuous improvement mindset.Have advanced technical
- skills with Microsoft Excel (Pivot tables, graphs, dashboards), Word and Outlook, and intermediate knowledge of PowerPoint.
Nice-to-have
- Knowledge of the Bank’s functions and strategic priorities as well as an understanding of the Bank’s corporate policies, governance bodies and decision-making processes
- Experience working with SAP, Workday Adaptive and/or any business intelligence software (e.g. Tableau, Power BI), or Blackline.
- Experience with month-end processes including preparing journal entries and account reconciliations.
Your education and experience
- recognized Canadian (or reciprocal) accounting designation (CPA, CA/CPA, CMA/CPA, CGA)
- A minimum of three years of relevant work experience, including experience in financial accounting or financial planning and analysis, and reporting.
- An equivalent combination of education and experience may be considered.
Innovative Mindset
We value candidates who demonstrate adaptability, curiosity, and a willingness to learn new technologies, including AI and digital tools. We seek individuals who can think critically about data, question existing processes, and find ways to simplify our work while embracing change and new ways of doing things.
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 A great deal to consider.
-
- Salaries are based on qualifications and experience and typically range from $94,193 to $110,816 (job grade 16)
- The Bank offers an incentive for successfully meeting expectations at 5 to 7% of your base salary. The Bank offers additional performance pay (3%) 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.