Scotiabank

Senior Manager, IB Reporting - Global Finance Reporting

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

Qualifications

  • 5-7 years of experience in financial reporting and analysis
  • Strong leadership skills in a complex, changing environment
  • Solid understanding of accounting standards and financial analysis
  • Detail-oriented with critical thinking abilities
  • Experience with process optimization and automation tools like Power BI
  • Strong communication skills for concise reporting
  • Proven team player capable of working under pressure.

Responsibilities

  • Manage monthly and quarterly financial reporting and ensure data accuracy
  • Deliver Internal Management financial analysis packages for executive management
  • Translate business line results into insightful management reports
  • Ensure timely identification and resolution of material issues in financial results
  • Oversee accuracy of financial entries and coordinate with finance teams
  • Liaise with stakeholders to ensure accuracy of externally published reports
  • Lead process improvements and efficiency initiatives within the team.

Benefits

  • Opportunity to be part of a collaborative and innovative team
  • Diverse opportunities for professional development
  • Internal development resources to enhance skills
  • Comprehensive compensation and benefits package
  • Commitment to community involvement
  • Inclusive work environment fostering creativity and success.
Full Job Description
Requisition ID: 265755

Purpose

Global Finance - Reporting, within Chief Accountants, is a finance function providing financial management and analytical support to Executive Management (All Bank level). The Global Finance team also supports Canadian Banking, Global Wealth Management, Global Banking and Markets, International Banking, Group Treasury and Executive Office business units. The Senior Manager will be a member of the Global Finance - Reporting team reporting to the Director, Financial Reporting. The incumbent will be primarily responsible for the financial reporting and analysis of monthly and quarterly results for International Banking business lines. The incumbent will also be involved in the production of various quarterly reports for executive management by highlighting significant trends, product and market developments and economic factors that impact performance

Is this role right for you? In this role you will:
  • Manage the delivery of monthly and quarterly financials (P&L and Balance Sheet) on a timely basis while ensuring data accuracy and completeness; be accountable for the integrity and analysis of all aspects of the financial results and analysis produced by his/her team
  • Manage the delivery of timely and relevant Internal Management financial performance analysis packages for executive management which measure performance against established benchmarks, such as strategic objectives, historical trends, and profit plan targets with specific emphasis on revenue, balance sheet and margin growth
  • Analyze business line results while translating into meaningful and insightful management reports; implement changes that are required to support strategic business changes and management decisions
  • Manage the monthly and quarterly 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
  • Manage the monthly processing of EGL entries by ensuring their accuracy and completeness; all entries must be processed within strict monthly timetables; includes coordination with regional/country Finance teams
  • Coordinate and manage the periodic update of business line rules required to produce business line results
  • Work with all stakeholder finance partners to ensure the completeness, relevancy and accuracy of externally published reports, such as the MD&A, Investor Package and Supplementary Package
  • Communicate and resolve accounting and reporting issues with business units and management
  • Liaise closely with business line Finance partners (Planning & Forecasting) to maintain knowledge of emerging business line issues that impact various business lines and to effectively resolve them
  • Lead and implement changes to support strategic business changes, management decisions, process improvements and efficiency initiatives
  • Maintain and develop strong controls over operational and analytical processes
  • Proactively participate in projects as assigned, such as developing financial metrics and analytical tools, Global Finance MIS initiatives and the Bank's Finance Transformation Project
  • Identify and act upon efficiency opportunities; experience in driving automation and process optimization including, the use of tools like Power BI and similar technologies to enhance efficiency, accuracy and scalability
  • Participate in initiatives that enhance team and department effectiveness and efficiencies
  • Manage direct reports
  • Champion 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
  • Champion a high-performance environment and implement a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment
  • Communicate vison/values/business strategy and manage succession and development planning for the team


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • Detail-oriented skills with the ability to relate financial data to business results and identify issues and trends
  • Ability to apply critical thinking and provide forward thinking recommendations
  • Strong leadership skills and stewardship capabilities in a complex and changing environment
  • Solid understanding of financial and management accounting standards; proven quantitative and financial analytical skills
  • Strong organizing skills with demonstrated experience in solving problems and making decisions in time pressured environments; ability to work quickly and accurately under pressure for sustained periods of time and multitask effectively.
  • Solid understanding of elements of effective control over data accuracy and completeness
  • Solid understanding of the Bank's products and underlying processes and the ability to effectively leverage this knowledge to create insightful analysis
  • Strong team player with proven ability to work effectively to achieve common objectives
  • Ability to multi-task, work independently, and to produce accurate and complete information under tight deadlines
  • Strong communication skills such as the ability to communicate findings/analysis and present ideas in a clear and concise manner


What's in it for you?
  • The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
  • A rewarding career path with diverse opportunities for professional development.
  • Internal development to support your growth and enhance your skills.
  • A competitive compensation and benefits package.
  • An organization committed to making a difference in our communities- for you and our customers.
  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!


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 Manager, IB Reporting - Global Finance Reporting jobs:

NationwideToronto, ON