Scotiabank

Manager, Business Line Financial Reporting - Finance

Scotiabank • $100K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Canadian CPA designation (CMA, CGA, CA) or MBA required
  • Minimum 3 years related work experience
  • Strong analytical and problem-solving skills
  • Excellent organizational and time management abilities
  • Proficiency in Microsoft applications, particularly Excel
  • Strong communication skills, both written and oral
  • Experience with risk management and operational controls

Responsibilities

  • Ensure accuracy and analysis of all financial results produced by the team
  • Deliver timely and accurate periodic financial results, including P&L and Balance Sheet
  • Manage resolution of material issues in financial reporting
  • Coordinate financial data collection from business units during reporting periods
  • Analyze business line results for insightful management reporting
  • Implement changes to support strategic business decisions
  • Develop and maintain strong operational and analytical process controls

Benefits

  • Opportunity to join a collaborative and innovative team
  • Diverse opportunities for professional development
  • Support for personal growth and skill enhancement
  • Commitment to making a positive impact in the community
  • Inclusive work environment that fosters creativity and celebrates success
Full Job Description
Requisition ID: 273559

Purpose

Global Finance creates customer and shareholder value by providing financial leadership to our business partners with insightful financial analysis, and maintaining effective financial controls, through a team of highly motivated finance professionals. The Reporting department within Global Finance plays a key role in the reporting and analysis of the Bank's financial results at both the All Bank and Divisional levels. Global Finance - Reporting, a finance function providing financial management and analytical support toExecutive Management. The Global Finance team supports Canadian Banking, Global Banking and Markets,and Executive Office business units. This role currently reports to the Senior Manager. The manager will provide comprehensive financial review, analysis, and evaluation of various business unit's financial performance for periodic reporting.All activities must be conducted in compliance with governing regulations, internal policies and procedures.

Is this role right for you? In this role you will:
  • Be accountable for the integrity and analysis of all aspects of the financial results and analysis produced by his/her team.
  • Manage the delivery and perform the reasonability of the periodic financial results (Profit & Loss and Balance Sheet and other metrics) on a timely basis while ensuring data accuracy and completeness.


  • Manage the delivery of periodic reporting on statutory and business line result for Global Banking and Markets:
    • Manage delivery of periodic reasonability of both statutory and business line financial results by ensuring the timely identification and resolution of all material issues. Maintain and implement new controls where needed.
    • Manage the periodic processing of EGL entries by ensuring their accuracy and completeness. All entries must be processed within strict periodic timetables.
    • Coordinate and manage the periodic update of business line rules required to produce business line results.
    • Work with all stakeholder finance partners to ensure the completeness, relevancy and accuracy of externally published reports, such as the MD&A, Investor Package and Supplementary Package, and other internal management reports.


  • 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.
    • Review, analyze and prepare statutory journal entries, ensuring accuracy and completeness. All entries must be processed within strict periodic timetables as published by Global Finance Technology on a periodic basis.
    • Maintain and develop strong controls over operational and analytical processes.


  • Communicate and resolve accounting and reporting issues with business units and management.
    • Communicate with individuals in various business units during periodic close and on an ongoing basis to coordinate and collect financial data from business units.
    • Communicate and resolve accounting and reporting issues with business units and management.
    • Liaise closely with business line and EO 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.
  • Implement changes that are required to support strategic business changes and management decisions.
  • Identify and act upon efficiency opportunities.
  • Participate in projects as assigned in support of department goals.


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • Accounting designation Canadian CPA (CMA, CGA, CA) or MBA, with at least 3 years related work experience is required.
  • Solid business acumen and strong analytical and problem-solving skills - Ability to relate financial data to business results and identify issues and trends.
  • Strong organizational, interpersonal and communication abilities to execute varied activities within tight deadlines and deliver with a great amount of accuracy and completeness whilst demonstrating excellent time management skills.
  • Ability to communicate, both orally and in written form, with individuals at different levels and a variety of skill sets and organizational perspectives.
  • Good proficiency with computer applications including Microsoft Excel, e.g., XLOOKUP, SUMMIF, SUMMPRODUCT, PIVOT; Word, PowerPoint
  • Working knowledge of financial software such as EGL and OBI is an asset.
  • 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 communication skills such as the ability to communicate findings/analysis and present ideas in a clear and concise manner.
  • 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 sensitive environments. This involves the ability to work quickly and accurately under tight time frame for quarter end reporting and be able to multitask effectively.
  • Solid understanding of the elements of effective control over accuracy and completeness of data.


This position requires strong customer service attitude and pro-active attitude to resolve complex business issues as well as a high level of flexibility to adapt quickly to a dynamic business environment.

What's in it for you?
  • The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
  • A rewarding career path with diverse opportunities for professional development.
  • Internal development to support your growth and enhance your skills.
  • An organization committed to making a difference in our communities - for you and our customers.
  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!


Location(s): Canada : Ontario : Toronto

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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