Scotiabank

Senior Financial Analyst

Scotiabank$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of post-university experience in FP&A or a related field
  • Accounting designation (CPA/CMA/CGA) is an asset
  • Proficient in Microsoft Office Suite (especially Excel)
  • Familiarity with various Bank's accounting systems is preferred
  • Experience in developing and compiling management reports
  • Excellent communication skills and interpersonal abilities
  • Adaptable and comfortable with ambiguity

Responsibilities

  • Support month-end close activities end to end
  • Conduct monthly reviews of actual results for accuracy using Access and PeopleSoft
  • Investigate financial variances and report findings in a timely manner
  • Prepare tailored financial reports for senior management
  • Assist in quarterly close reporting and commentary preparation
  • Manage monthly forecasting activities and assist in annual planning
  • Research and recommend opportunities for cost savings within the Technology Organization

Benefits

  • Diverse opportunities for professional development
  • Commitment to community impact for customers and employees
  • Competitive rewards program including bonuses and flexible vacation
  • Focus on Diversity, Equity, Inclusion & Allyship
  • Commitment to accessibility and workplace accommodations
Full Job Description
Requisition ID: 271462

This role is responsible for leading monthly reporting, forecasting, annual planning, controls, business support and financial analysis for technology partners, ensuring that activities are completed accurately, on time, provides insight & support decision making.

These activities may include detailed review & documentation of process workflows, interaction with Management within the organization and across various business lines, development and implementation of new processes and policies to improve efficiencies and enhance controls.

Is this role right for you? In this role you will:
  • Support month end close activities end to end
  • Support Monthly review of actual results using Access Database file (MARS) & PeopleSoft to ensure accuracy
  • Investigate and timely reporting of monthly financial variances with commentary
  • Assist tailored monthly financial reports for Senior Management (e.g. CIO & VPs)
  • Assist quarterly close reporting and provide commentaries to various partners
  • Assist the monthly Accrual, Reclass, Charge Backs & other entries
  • Prepare various financial and accounting reports as needed.
  • Assist monthly forecasting activities and preparation of Annual Plans for CIO area by working closely with business partners and understanding business needs
  • Prepare monthly headcount report and providing insightful analysis on new hires, backfills, attrition, contractor conversion, vacancies etc.)
  • Manage actuals and forecast for technology expenses (e.g. software and market data services)
  • Research, Analysis & Implementation: Contribute to the development and implementation of new accounting and financial processes.
  • Study and recommend opportunities for cost controls and savings within Technology Organization.
  • Recommend and implement changes that would contribute towards streamlining current accounting processes and creating greater consistency and efficiencies.
  • Ad-hoc reports and any other duties as may be assigned


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • 3-5 years of post-university work experience in FP&A or related field
  • Accounting designation (CPA/CMA/CGA) is an asset
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook, Copilot)
  • Knowledge of and familiarity with various Bank's accounting systems is an asset
  • Experience in developing/compiling management reports
  • Excellent interpersonal skills, a team player who can act as both a leader and an individual contributor as required
  • Confident and effective communication (written & verbal) and interpersonal skills
  • Is adaptable and comfortable with ambiguity and change
  • The incumbent must be a creative, self-starting, results-oriented, great attention to detail, and highly motivated individual with good analytical skills in order to apply this knowledge to assist in the development of the streamlined accounting processes.


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

Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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
5 Year Trend
+7%
NASDAQ

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