Scotiabank

Senior Analyst Business Line Financial Reporting - GBM

Scotiabank • $75K — $95K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Reposted 1 month ago
Job Overview by Ladders

Qualifications

  • Canadian CPA designation or in progress, with 2+ years of relevant experience.
  • Strong analytical and problem-solving skills to connect financial data with business results.
  • Effective organizational and communication abilities to work under tight deadlines.
  • Proven ability to communicate across various organizational levels and skill sets.
  • Proficient in Microsoft Office, especially Excel functions like XLOOKUP and PIVOT.

Responsibilities

  • Assist in delivering timely and accurate periodic financial reports.
  • Prepare reporting on statutory and business line results for Global Banking and Markets.
  • Coordinate with business units to gather financial data during periodic closes.
  • Ensure accuracy of statutory journal entries within strict timelines.
  • Maintain strong controls over operational and analytical processes.
  • Resolve accounting and reporting issues with stakeholders.
  • Identify and act on efficiency opportunities in financial reporting.

Benefits

  • Hybrid workplace promoting flexibility in work location.
  • Business casual attire fosters a comfortable work environment.
  • Flexible working hours accommodate personal commitments and peak workloads.
  • Opportunity for overtime during busy periods like month-end.
Full Job Description
Requisition ID: 259522

POSITION SUMMARY

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 initiative-taking 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.

The Senior Analyst will be a member of the Global Finance - Business Line Financial Reporting department and will be primarily responsible for the financial reporting and analysis of periodic results, with a focus on Global Banking & Markets (GBM). The Sr. Analyst will also be involved in the production of various periodic reports for executive management by highlighting significant trends, product and market developments and economic factors that impact performance; and will contribute to the overall success of Business Line Financial Reportingdepartment ensuring specific individual goals and initiatives are executed and delivered in support of business strategies and objectives.

All activities must be conducted in compliance with governing regulations, internal policies, and procedures.

KEY ACCOUNTABILITIES

  • Assist with the delivery of periodic financials (Profit & Loss and Balance Sheet) on a timely basis while ensuring data accuracy and completeness.
  • Assist with the preparation of periodic reporting on statutory and business line results for Global Banking and Markets:
    • Communicate with individuals in various business units during periodic close and on an ongoing basis to coordinate and collect financial data from business units.
    • Perform the 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.
    • 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.
  • Consult closely with business line Finance partners to maintain knowledge of emerging business line issues that impact various business lines and to effectively resolve them.
  • Participate in projects as assigned, such as developing financial metrics and analytical tools, Global Finance initiatives. Identify and act upon efficiency opportunities.
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
  • Support manager and senior manager in efforts to enhance reporting processes:
    • Assist with the annual business line rule set up and chart of account (COFA) management processes.
    • Identify issues and make recommendations with a focus on process improvement.
  • Perform other duties as assigned to support the department's goals.


QUALIFICATIONS

  • Canadian CPA designation or working towards CPA completion (recent graduates or candidates actively enrolled in the CPA program), with at least 2 years related work experience.
  • 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.
  • The 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


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

WORKING ENVIRONMENT:
  • Business Casual Attire
  • Hybrid workplace
  • Flexible Working environment
  • Overtime will be required during peak periods such as month-end and quarter-ends.


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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