Scotiabank

Manager, Commercial Banking Finance Business Partner - Finance

Scotiabank$100K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • CPA or CFA preferred
  • 4+ years of experience in managerial accounting and financial management
  • Proficient in Excel, PowerPoint, Word, and financial systems like OBI and Anaplan
  • Attention to detail with strong analytical and presentation skills
  • Excellent verbal and written communication abilities
  • Strong planning and organizational skills for teamwork and task coordination
  • Flexible in adapting to changing tasks and demands

Responsibilities

  • Manage financial planning, forecasting, and reporting for the P&L
  • Provide month-end, quarter-end, and year-end reporting and analysis
  • Enhance financial models and reporting packages for performance tracking
  • Support stakeholder management across the business line and finance
  • Lead the rollout of new planning tools like Anaplan
  • Cultivate relationships with key stakeholders to provide financial support
  • Manage strategic initiatives and projects for the Commercial Banking line

Benefits

  • Opportunity to join a forward-thinking, innovative company
  • Diverse opportunities for professional development and career growth
  • Internal development programs to enhance skills
  • Commitment to community impact for employees and customers
  • Inclusive work environment that fosters creativity and celebrates success
Full Job Description
Requisition ID: 271590

Purpose

The Manager, Canadian Commercial Banking Finance plays a key role in providing finance support to Commercial Banking, and Canadian Banking Finance, contributing to the business line's strategic direction and results as well as to the integrity of the business line financials, systems and reporting. The position reports to the Director, Commercial Banking Finance Business Partner, CB Finance and supports in the following areas:
  • Manage financial planning, forecasting and reporting for the full P&L
  • Provide Month-end, Quarter-end and Year-end reporting and analysis of business line results
  • Enhance financial models and reporting packages for planning, tracking and reporting on business line performance and various initiatives
  • Support stakeholder management within the business line, finance and support functions
  • Enhance collaboration with key partners in Commercial Banking, Treasury and GTB
  • Introduce deeper financial planning and analysis including roll out of Anaplan and enhanced product and sub business line level forecasting and planning
  • Support strategic initiative development and validation
  • Track Non-Interest Expenses across all segments and regions
  • In fulfilling the role, the incumbent must work with the various leaders within Business, Finance and other internal partners. In addition, the incumbent will also lead various projects


Is this role right for you? In this role you will:

Champion a customer focused culture to deepen relationships and leverage broader Bank relationships, systems and knowledge.

Planning and forecasting:
  • Manage annual Profit Plans and forecasts and monitor P&L to ensure budget compliance
  • Oversee accurate forecasts by carefully observing trends in Balance Sheet and P&L, and liaise with the field and partners
  • Identify drivers, solve concerns and summarize and provide commentary and recommendations to business line and finance leadership teams
  • Work closely with stakeholders in business line, finance and partners to ensure effective and timely execution
  • Manage the roll out of new planning and forecasting tools including Anaplan
  • Deepen financial reporting and KPIs to segment and regional views


Financial analysis, review and tracking of business line results:
  • Mange the preparation of Bluebook, KPIs, and all monthly and quarterly reporting and dashboards such as MMR and MPC
  • Oversee reporting on actuals vs. plan volumes, revenue, margins, expenses
  • Review the submissions for reasonability and work with partners in providing accurate data and proper explanations


Perform ad hoc projects and manage relationships with key stakeholders:
  • Cultivate and manage relationships within the business line, partners and support functions to provide top-notch support to all activities and initiatives
  • Evaluate and recommend alternates to meet initiative objectives and deadlines while improving efficiencies and enhancing collaboration
  • Support projects and business case development and tracking of all strategic initiatives including SIP
  • Support the Commercial Banking business as a finance subject matter expert, including on areas such as regarding asset forecast and expense management
  • Manage Commercial Banking expense accruals and amortization entries
  • Review for business line invoices >$10K (Smartbuy) and fulfilment of 250As from partners
  • Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Champion a high-performance environment and contributes to an inclusive work environment.


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • CPA, CFA preferred
  • 4+ years of experience in a related position with strong knowledge in managerial accounting and financial management
  • Very strong in Excel, PowerPoint and Word and the Bank's accounting/finance systems such as OBI, Hyperion, Smart stream, and Anaplan
  • Attention to detail with superior analytical and presentation skills
  • Strong verbal and written communication skills
  • Strong process management, planning and organization skills to facilitate teamwork and coordinate execution of multiple deliverables
  • Good understanding of the Bank's established processes, policies and guidelines around financial accounting and financial management
  • Flexibility to adapt to a wide variety of tasks & functions with changing demands
  • High level of curiosity, energy, commitment and strong sense of teamwork are needed to be successful in the role


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
5 Year Trend
+7%
NASDAQ

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