Scotiabank

Senior Assistant Manager, Balance Sheet

Scotiabank • $90K — $110K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • University degree in Accounting, Finance, or a related discipline.
  • CPA designation completed or in progress is a strong asset.
  • Minimum 5 years experience in banking or financial services with relevant exposure.
  • Strong understanding of financial reporting requirements in a banking context.
  • Experience with internal controls and audit support is essential.
  • Excellent analytical, communication, and organizational skills.
  • Advanced proficiency in Microsoft Office, with specific emphasis on Excel.

Responsibilities

  • Maintain the accuracy of the legal entity ownership structure in financial systems.
  • Manage and update Non-Controlling Interest (NCI) records for reporting.
  • Review and monitor balance sheet accounts to identify trends and risks.
  • Partner with Finance teams to resolve balance sheet issues.
  • Execute SOX controls during month-end and quarter-end processes.
  • Prepare documentation for management, audit, and regulatory reviews.
  • Support audit activities by providing timely documentation and coordinating requests.

Benefits

  • A rewarding career path with opportunities for professional development.
  • A competitive rewards program with annual bonuses and flexible vacation.
  • Comprehensive benefits that start on your first day.
  • Commitment to diversity, equity, inclusion, and allyship within the organization.
  • Focus on accessibility and workplace accommodations for all employees.
Full Job Description
Requisition ID: 269819

Contributes to the overall success of Global Finance, Financial Accounting & Reconciliation in Canada by supporting the accuracy and integrity of the Bank's legal entity ownership structure, financial reporting, balance sheet reconciliations, and internal control environment. The role is responsible for maintaining ownership and NCI records, monitoring and analyzing balance sheet accounts, executing SOX controls, supporting audit and regulatory requirements, and driving continuous improvement and close optimization initiatives. Ensures all activities are conducted in compliance with governing regulations, internal policies, procedures, and the Bank's risk management framework.

Is this role right for you? In this role you will:
  • Maintain the accuracy and integrity of the Bank's legal entity ownership structure and hierarchy within financial reporting systems.
  • Manage and update Non-Controlling Interest (NCI) ownership records and continuity schedules to support financial reporting and analysis.
  • Review, analyze, and monitor balance sheet accounts to identify trends, variances, and potential risks.
  • Partner with Finance teams across the Bank to investigate and resolve balance sheet fluctuations and reporting issues.
  • Execute key SOX controls during month-end and quarter-end close processes to support an effective control environment.
  • Prepare reconciliations, reports, and supporting documentation for management, audit, and regulatory reviews.
  • Support internal and external audit activities by coordinating requests and providing timely, accurate documentation.
  • Provide guidance and coaching to team members and stakeholders on accounting, reporting, and reconciliation matters.
  • Lead or contribute to Accelerate the Close (ATC), automation, and continuous improvement initiatives to enhance efficiency and controls.
  • Collaborate with cross-functional partners across Finance and the business to support IFRS consolidated financial reporting.
  • Manage and develop a small team while fostering a high-performance, inclusive, and collaborative work environment.
  • Leverage tools such as PeopleSoft, Oracle Analytics/Business Intelligence, SmartView, and Alteryx to support reporting, analysis, and process optimization.


Do you have the skills that will enable you to succeed in this role?
  • University degree in Accounting, Finance, or a related discipline.
  • CPA designation completed or in progress is considered a strong asset.
  • Minimum 5 years of experience in banking or financial services, with exposure to accounting, financial analysis, balance sheet reconciliations, internal controls, SOX compliance, audit support, and people leadership.
  • Strong understanding of financial reporting requirements and accounting processes within a banking environment.
  • Experience executing and maintaining effective internal control frameworks and supporting internal and external audits.
  • Excellent analytical, problem-solving, communication, organizational, and stakeholder management skills.
  • Proven ability to manage competing priorities and deliver results in a fast-paced, deadline-driven environment.
  • Detail-oriented, proactive, and self-motivated with the ability to work independently and take ownership of initiatives.
  • Advanced proficiency in Microsoft Office applications, particularly Excel, PowerPoint, and Outlook.
  • Hands-on experience with PeopleSoft, Oracle Analytics/Business Intelligence, and SmartView.
  • Experience with Alteryx, automation tools, or data analytics solutions is considered an asset.
  • Demonstrated commitment to continuous improvement and process optimization.


What's in it for you?
  • A rewarding career path with diverse opportunities for professional development
  • An organization committed to making a difference in our communities - for you and our customers.
  • A competitive rewards program includes annual bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
  • 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 employees 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 every 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.


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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Scotiabank

More Finance & Insurance Jobs

Find similar Senior Assistant Manager, Balance Sheet jobs:

NationwideToronto, ON