Manager, Expense Reporting

Scotiabank • Toronto, ON

3d • Onsite

About The Position

Global Finance – Reporting is a divisional finance function providing financial management, performance reporting and analytical support to Canadian Banking executive management, as well as to the business line management in Retail Banking, Business Banking, and Tangerine. The Manager is a key member of the Reporting & Analysis team, reporting to the Senior Manager. This role plays a critical part in supporting the business line, with accountability for effective P&L management and optimizing business investments in alignment with the Bank’s strategic priorities. The Manager is responsible for the accurate, comprehensive, and timely preparation of monthly and quarterly financial results for assigned business lines. This includes ensuring the consistent delivery of high-quality reporting and analysis from both statutory and management perspectives, supporting executive-level reporting and informed decision-making by BNS senior management. In addition, the Manager contributes to the overall success of Global Finance Business Line Reporting by executing individual goals, plans, and initiatives in support of broader business strategies and objectives. The role requires strong partnership with stakeholders across Finance and the business, a commitment to continuous improvement, and rigorous attention to controls and governance.

Requirements

• Post-secondary degree in Finance or Accounting
• Minimum 5 to 7 years of relevant experience.
• Solid business acumen and strong analytical and problem-solving skills.
• Strong oral and written communication skills and the ability to work effectively in a team and ability to communicate with individuals at different levels and a variety of skill-sets and organizational perspectives.
• High proficiency with computer applications including Microsoft Excel, Word, PowerPoint, OBI/Smartview and any other financial tools.
• A solid understanding of financial and management reporting principles. Knowledgeable of the Bank’s products, operations and procedures.
• A good understanding of elements of effective control over integrity and completeness of financial reporting.
• Highly flexible, detail-oriented, and able to cope with changing priorities and to multi-task under tight deadlines and deliver with a great amount of accuracy and completeness.
• Excellent attention to details and time management skills.
• Knowledge of financial accounting and generally accepted accounting principles.

Nice To Haves

• Completion or enrollment in an accounting program is preferred (i.e. CPA, MBA)

Responsibilities

• Assist with the preparation of quarterly and monthly reporting on assigned Canadian Banking statutory and business line financial results, including coordinating and collecting financial data, performing reasonability review of statutory expense reporting, reviewing, analyzing and preparing statutory journal entries, performing analysis of various variances, developing product group subject matter expertise, communicating with business units, and responding to queries from senior management.
• Support CDM updates and executive reporting (QMR, Business Line Package) delivery for Canadian Banking at quarter-end, acting as the subject matter expert in CDM updates and review.
• Support Senior Manager in efforts to enhance financial reporting and analytical processes, including assisting with annual business line rule set up and chart of account (COFA) management, and identifying issues and making recommendations for process improvement.
• Act as a prime liaison with assigned CB units while building strategic relationships to provide support.
• Provides coaching and training to colleagues and business line partners on processes.
• Champion a customer focused culture to deepen 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 pursue effective and efficient operations, while ensuring the adequacy and adherence to 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 Guidelines for Business Conduct.

Benefits

• A competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
• Diversity, Equity, Inclusion & Allyship programs
• Accessibility and Workplace Accommodations

What This Job Offers

• Job Type: Full-time
• Career Level: Manager