Scotiabank

Senior Manager, Global AP&P

Scotiabank • $100K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Chartered Professional Accountant (CPA) with minimum 3 years in financial services.
  • Strong knowledge of IFRS and ability to document accounting conclusions.
  • Experience in financial reporting, accounting policy, or public practice.
  • Excellent verbal and written communication skills.
  • Solid financial acumen along with analytical and problem-solving skills.
  • Proficient in Microsoft Word, Excel, PowerPoint; ability to learn reporting tools.

Responsibilities

  • Ensure awareness and management of new accounting standards across the Bank.
  • Advise senior management on accounting implications of IFRS modifications.
  • Review specialized proposed transactions with timely recommendations.
  • Maintain and update the IFRS monograph and provide user training.
  • Participate in the development and interpretation of new accounting standards.

Benefits

  • Diverse opportunities for professional development and career growth.
  • Commitment to community impact for employees and customers.
  • Comprehensive benefits beginning on the first day of employment.
  • Focus on Diversity, Equity, Inclusion & Allyship within the organization.
  • Commitment to creating an accessible and inclusive workplace.
Full Job Description
Requisition ID: 268828

The Senior Manager, Global AP&P is responsible for researching and developing accounting policies and procedures and their implementation for the Bank, as directed by the Director or Vice President. 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:
  • Responsible for ensuring that key areas of the Bank are aware of and appropriately prepare for and manage the impact of new and emerging accounting standards. The incumbent will help with the direct implementation of these new accounting standards, research issues with respect to specific strategies/transactions and provide alternatives and recommendations on compliance. The incumbent will require interaction with other departments of the Bank to communicate and establish their respective roles and responsibilities in implementing the requirements of these new accounting standards.
  • Ensure that senior management is up to date on the specific accounting implications to the Bank of new and modified IFRS standards. The incumbent is expected to identify and research 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 in order to change 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 accounting monograph (i.e., IFRS policies) and implementation guidelines on a timely basis, including training of users and implications of the new 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 Canadian Bankers Association (CBA) sub-committees as well as industry working groups.


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • The incumbent must be a Chartered Professional Accountant (CPA) with a minimum of 3 years experience in the financial services industry, with exposure to complex accounting issues.
  • Strong IFRS technical accounting skills, including documentation skills to support accounting conclusions.
  • Experience in a financial reporting, accounting policy or public practice role with the ability to research a broad range of accounting issues.
  • Excellent verbal and written skills.
  • The incumbent must possess solid financial acumen and strong analytical and problem-solving skills.
  • Good working knowledge of Microsoft Word, Excel and PowerPoint and the ability to learn to use the various reporting tools to extract and present information from the Bank's accounting records.


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 that includes an 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 embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow, and participate through our various Employee Resource Groups (ERGs), which span diverse gender identities, ethnicities, races, ages, abilities, and veteran statuses.
  • 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
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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