Requisition ID: 253850
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Finance Reporting is a divisional finance function providing financial management and analytical support to Executive Management (All Bank level), as well as to the Business Line management in Canadian Banking, International Banking, Global Banking & Markets, Global Wealth Management and Executive Office areas. The Senior Manager will be a member of the Global Finance Reporting unit reporting to the Director. The Senior Manager will be primarily responsible for the financial reporting and analysis of monthly and quarterly results for the Canadian Banking business line. The Senior Manager will also be involved in the production of various quarterly reports for executive management by highlighting significant trends, product and market developments and economic factors that impact performance. The Senior Manager is also responsible for the month-end journal entries for Canadian Banking.
Is this role right for you? In this role, you will:
- Manage the delivery of monthly and quarterly financials (P&L and Balance Sheet) on a timely basis while ensuring data accuracy and completeness. This also includes review of monthly and quarterly financials as reported in the management reporting platform.
- Manage the delivery of timely and relevant financial performance analysis for executive management, which must measure performance against established benchmarks, such as strategic objectives, historical trends, and profit plan targets with specific emphasis on revenue, balance sheet and margin growth.
- The senior manager is accountable for the integrity and analysis of all aspects of the financial results and analysis produced by his/her team.
- Manage the monthly and quarterly reasonability of both statutory and business line financial results, for Canadian Banking Revenue and Balance Sheet, by ensuring the timely identification and resolution of all material issues. Maintain and implement new controls where needed.
- Manage the monthly processing of journal entries by ensuring their accuracy and completeness. All entries must be processed within strict monthly timetables.
- Working with all stakeholder finance partners to ensure the completeness, relevancy and accuracy of externally published reports, such as the Management Discussion & Analysis, Investor Presentation, and Supplementary Financial Information.
- Analyze business line results while translating into meaningful and insightful management reports.
- Implement changes that are required to support strategic business changes and management decisions.
- Communicate and resolve accounting and reporting issues with business units and management.
- Liaise closely with business line Finance partners to maintain knowledge of emerging business line issues that impact various business lines and to effectively resolve them.
- Maintain and develop strong controls over operational and analytical processes.
- Proactively participate in projects as assigned, such as developing financial metrics and analytical tools, Global Finance initiatives and efficiency opportunities.
- Ad hoc “What if analyses / analysis” of profitability maximization opportunities
- Manage direct reports.
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
- Champions a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
- Post-secondary degree in Finance or Accounting. An MBA or professional accounting designation is preferred.
- Ability to relate financial data to business results and identify issues and trends.
- Demonstrated ability to apply critical thinking and provide forward thinking recommendations.
- Strong leadership skills and stewardship capabilities in a complex and changing environment.
- Solid understanding of financial and management accounting standards. Proven quantitative and financial analytical skills.
- Highly organized with demonstrated experience in solving problems and making decisions in time pressured environments. This involves the ability to work quickly and accurately under pressure for sustained periods of time and multitask effectively.
- A solid understanding of the elements of effective control over accuracy and completeness of data.
- A solid understanding of the Bank’s products and underlying processes and the ability to effectively leverage this knowledge to create insightful analysis.
- Strong team player with proven ability to work effectively with others to achieve common objectives
- Ability to multi-task, work independently, and to produce accurate and complete information under tight deadlines.
- Strong communication skills such as the ability to communicate findings/analysis and present ideas in a clear and concise manner.
- Proficient knowledge of PeopleSoft Enterprise General Ledger (EGL), Oracle Business Intelligence (OBI), Excel, Power Point and Adobe
What’s in it for you?
- An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
- We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
- Your career matters! You will have access to career development and progression opportunities.
Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.
