Scotiabank

Manager, Financial Portfolio Operations

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

Qualifications

  • University degree in business, accounting or finance required.
  • Working towards CPA, CFA or equivalent certification.
  • Experience in project management.
  • Skilled in financial reporting, consolidation and forecasting.
  • Proficient in database management, particularly with MS Excel.

Responsibilities

  • Manage CID&A financial processes, including budgeting and forecasting.
  • Conduct comprehensive financial performance reviews and analysis.
  • Prepare CID&A's annual budget proposal based on operational objectives.
  • Advise on financial aspect of CID&A Business Case Pool Plan and capital expenditures.
  • Support project managers with consolidated financial reporting and portfolio status.
  • Provide financial management advice to the VP, CID&A Strategy.
  • Ensure compliance and support for internal processes and accountability.
  • Participate in audit processes and business continuity planning.

Benefits

  • Flexible working conditions in a mix of remote and on-site environments.
  • Opportunity to work with senior management and contribute to strategic financial decisions.
  • Professional growth through exposure to complex financial analyses and budgeting.
  • Collaboration with a team focused on governance and regulatory compliance.
  • Engagement in dynamic financial reporting and performance measurement.
Full Job Description
Requisition ID: 271549

Purpose

The Manager, Financial Operations is responsible for the financial analysis of Enterprise CID&A expense results and preparation of plans and forecasts. The completed analyses must provide CID&A Management with a focused understating of historical and current financial expense management. The incumbent provides financial support and service to the Financial Portfolio Lead.

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

  1. Manages CID&A Financial processes and executions that enables to achieving financial and business goals included: budgeting, financial planning and forecasting (zero based budgeting), financial reporting, contract managements, invoices processing and tracking, vendor management, financial consolidation, consolidation of project portfolio project and portfolio status tracking.

  1. Manages the comprehensive financial review, analysis and evaluation of CID&A's performance, business values and reporting highlighting significant trends, performance measures, and developments. This analysis must measure performance against established benchmarks - the banks strategic objectives and business objectives and the returns expected from specific expenditures. The primary users of the reports are CID&A management and the Bank's Executive Management .Commentary must be relevant for the users and provide an information framework of decision making and management action.

  1. Manages the preparation of CID&A's annual budget proposal covering volume growth and CID&A's operating expenses and project budgets, in the context of CID&A business objectives, opportunities and historical performance patterns.

  1. Support/Advice the preparation of CID&A Business Case Pool Plan, Capital expenditure Forecast based on the business priorities for CID&A

  1. Prepares/Supports/Advices CID&A Delivery and Project Managers And Project Controls Officers on consolidated project portfolio status and financial reporting

  1. Provides ongoing responsive, professional financial management advice, recommendations and support to the VP, CID&A Strategy. This includes the preparation, presentation, and review of financial information in addressing CID&A's results.

  1. Contributes to the successful team performance in accordance with the Governance and Regulatory Compliance team. This encompasses support to other team members, individual contribution to the team and shared responsibility of the team attainment of objectives.

  1. Participates in the CID&A audit processes to ensure that cooperation and successful reviews are conducted within the specified timeframe

  1. Participates in the CID&A business continuity plans to ensure that working teams develop maintain and test applicable business continuity plan(s) consistent with CID&A and regulatory requirements

  1. Generates Key Performance Indicators/Key Risk indicators to provide factors of reference in which effectively measures and development, performance or associated risk of CID&A business activities and operations

  1. Provides monitoring and oversight of established internal processes and controls and identifies and develops new internal processes to align with CID&A policies, processes and roadmap

  1. Provides ongoing direction, coaching and support to tea, which includes providing regular feedback and guiding the team to ensure timely delivery of departmental objectives.


Do you have the skills that will enable you to succeed? We'd love to work with you if you have:

  • University degree in business, accounting or finance is required

  • Working towards CPA/or CFA or Equivalent

  • Project Management Experiences

  • Financial Reporting, Consolidation and Forecasting Experience

  • Database related (MS Excel) work experience required


Working Conditions:

General office environment: mix of remote and on-site work (2 days per week*) in Downtown Toronto.

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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