Scotiabank

Manager, Global AP&P - 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 required
  • Strong organizational skills for managing multiple projects
  • Ability to efficiently research complex material
  • Proven capability in implementing complex accounting requirements
  • Solid financial acumen with strong analytical skills
  • Attention to detail and accuracy under tight deadlines
  • Superior verbal and written communication skills
  • Good interpersonal skills for cross-functional collaboration
  • Proficient in Microsoft Office (Word, Excel, PowerPoint)

Responsibilities

  • Ensure awareness of new IFRS accounting standards across the Bank
  • Implement new accounting standards and provide compliance recommendations
  • Communicate implications of new standards to relevant departments
  • Update senior management on accounting standards impacts
  • Research accounting issues and provide strategic recommendations
  • Review specialized transactions and provide timely analyses
  • Maintain and update Bank's IFRS accounting policies and guidelines
  • Participate in developing new accounting standards and interact with regulatory bodies

Benefits

  • Collaborative team of innovative thinkers
  • Opportunities for professional development
  • Support for personal growth and skill enhancement
  • Commitment to making a positive community impact
  • Inclusive work environment that encourages creativity
Full Job Description
Requisition ID: 273476

Purpose

The Manager is responsible for researching and developing accounting policies and procedures and their implementation for the Bank, as directed by the Director or Senior Manager. It involves analyzing and assessing the impact of accounting standards and proposed changes, resolving complex accounting issues, and providing advice and counsel on specialized transactions where required. As a result, the incumbent must become and remain up to date in the areas of International Financial Reporting Standards (IFRS) within their responsibility and be generally familiar with other major changes to IFRS as they occur.

Is this role right for you? In this role you will:
  • Ensure key areas of the Bank are aware of and appropriately prepared to manage the impact of new and emerging accounting standards, primarily under IFRS.
  • Help with the direct implementation of these new accounting standards, research applicable accounting issues, and provide alternatives and recommendations on compliance.
  • Interact with other departments of the Bank to communicate the implications of new accounting standards and establish their respective roles and responsibilities in implementing the requirements.
  • Ensure senior management is up to date on the specific accounting implications to the Bank of new and emerging accounting standards.
  • Identify and research accounting issues, consider areas of flexibility and make recommendations after considering the Bank's priorities. Proposed recommendations should consider the impact on the all-Bank and business line results and potential changes to business behaviour and practices, if necessary.
  • Review and provide recommendations on the appropriate accounting for proposed transactions that are specialized. The analysis of these transactions will normally require well-documented summaries of the relevant transaction terms, accounting alternatives, and a basis for recommendations. Due to the time-sensitive nature of these pending transactions, the incumbent is expected to provide a timely turnaround of these analyses.
  • Maintain and update the Bank's IFRS accounting policies and implementation guidelines on a timely basis. This may also include providing training to users on the new or updated policies/guidelines.
  • Actively participate in the development and interpretation of new and proposed accounting standards, including disclosures in the financial statements and the MD&A; it will include responding to new accounting standards issued by IASB, FASB and Regulators (OSC, SEC & OSFI); it may also involve participation in CBA sub-committees as well as industry working groups.
  • Report to the Director (Global AP&P).
  • Supervise Student Interns or CPA trainees (as the need arises).


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • Canadian CPA designation required.
  • Strong organization skills with the ability to manage multiple projects/initiatives at any given time.
  • Ability to research and understand a vast body of complex material efficiently and productively to produce accurate results and present alternatives.
  • Ability to help business lines implement complex accounting requirements.
  • Solid financial acumen and strong analytical and problem-solving skills.
  • Accuracy and attention to detail while working under pressure to meet tight deadlines.
  • Superior communication skills, both orally and in written memos and other forms of communication.
  • Good interpersonal skills to develop and maintain relationships with a variety of business partners in cross-functional teams.
  • Must be a team player with the willingness to take on additional projects and responsibilities to achieve the group's overall objectives and goals.
  • Good working knowledge of Microsoft Word, Excel and PowerPoint and the ability to learn and utilize other reporting tools to extract and present information from the Bank's accounting records.


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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