Requisition ID: 262509
Contributes to the overall success of the Global Technology & Enterprise Platforms (GTEP) team at Scotiabank. The Strategic Portfolio Office (SPO) ensures the stable, secure and efficient infrastructure service delivery across Canada, US, Mexico and Latin America (LATAM).
We manage GTEP's business and financials globally, providing financial management, cost transparency and operational oversight of technology contracts and strategic initiatives, including budgeting, forecasting, and spend optimization. We partner with cross-functional teams and senior leadership to improve cost efficiency and strengthen financial controls, providing financial oversight for IT Services and cost allocations to Business Lines across the bank.
Is this role right for you? In this role, you will:
• Coordinate with the Finance team to incorporate updated financial data into quarterly forecasts and annual budgets, and manage the allocation and tracking of budget lines, ensuring accurate reporting and accountability.
• Managing contracts and strategic spending initiatives, ensuring alignment with business objectives, and driving financial performance improvements.
• Analyze contract statements of work of technology vendors and validate the financial data to identify trends, variances, and opportunities for cost savings and efficiency improvements. Prepare and present financial reports, including variance analysis and financial performance metrics for the Global Technology & Enterprise Platforms (GTEP).
• Raise awareness of cost expenditures at the Director level by documenting contract renewals and cost variations against the budget, facilitating the visibility of saving opportunities impacting the P&L.
• Manage the strategic portfolio of projects, ensuring alignment with business objectives and strategic priorities.
• Develop and maintain a comprehensive contract renewal tracking dashboard to ensure timely renewals and a documented workflow process to get approvals.
• Work with Senior Leadership to provide financial insights and support decision-making.
• Collaborate with cross-functional teams to manage and streamline workflow processes for contract management. This involves working closely with various departments such as Finance, IT Service Owners, Procurement, Third-Party Risk Management, Project Management Office, to ensure seamless integration and efficient execution of processes. Responsible for coordinating efforts, identifying bottlenecks, and implementing improvements to enhance overall workflow efficiency.
• Support the Service Catalog Team in documenting services and aligning IT cost structures to the GTEP services, identifying cost drivers for expense allocations and consumption-based volume, enhancing visibility and cost transparency for Service Owners and Business Leaders.
• Support the Senior Manager with bi-weekly/monthly/quarterly financial reporting, and the reconciliation of resource data, using various tools to extract and analyze as required.
• Contribute to process improvements and optimization by working with the team to identify opportunities for change.
• Act as a valuable partner to our internal stakeholders and clients by providing best-in-class customer service.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decision-making.
• Creates an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank's Values, 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.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vison/values/business strategy; and managing succession and development planning for the team.
• Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
• Bachelor's degree in finance, Accounting; relevant professional certification (master's in accounting or finance is a plus).
• In-depth knowledge of IT service offerings, with a strong understanding of Service Level Agreements (SLAs) and Key Performance Indicators (KPIs).
• Proven experience in financial management, analysis, and strategic portfolio management within a technology environment.
• Strong analytical and problem-solving skills and detail-oriented, with the ability to interpret complex financial dataset and provide actionable insights.
• Excellent communication and interpersonal skills, with the ability to engage and influence stakeholders at all levels.
• Proficiency in advanced Excel and PowerPoint skills and experience with PowerBI.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Previous Scotiabank experience
• Experience with invoicing
• Proficiency in Spanish
What's in it for you?
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - 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. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
• Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital and much more!
Location(s): Canada : Ontario : Toronto
