Manager, U.S. Financial Reporting

Scotiabank•Houston, TX

About The Position

The Manager, U.S. Financial Reporting assists with the month-end, quarter-end, and year-end financial accounting close process; preparation of audited and unaudited financial statements and disclosures; participation in new business initiatives; and local management reporting, including business-line, committee, and Board-level financial presentations. The role supports U.S. Finance strategy and ensures activities comply with governing regulations, internal policies, and procedures. The position is responsible for maintaining financial reporting, information quality, and management information system (MIS) disciplines, and for ensuring accurate, complete, and timely financial information in accordance with enterprise technology and data management standards. It supports consistent U.S. financial reporting practices and provides stakeholders with information needed to make decisions.

Requirements

5–10 years of relevant experience in financial reporting or a related area.
Finance or accounting degree required.
Strong knowledge of financial accounting, including U.S. GAAP and IFRS regulations, regulatory and other complex accounting principles, and P&L reconciliations.
Knowledge of annual financial statement preparation and financial controls.
Skill in implementing reporting with a system of controls.
Strong understanding of banking business, capital markets financial products, and transaction mechanics.
Strong analytical skills and an internal control mindset.

Nice To Haves

CPA preferred.

Responsibilities

Assist in coordinating the monthly financial close and accurately presenting the CUSO’s audited financial statements.
Develop and maintain strong financial reporting, information quality, and MIS disciplines.
Assist with ad hoc projects, issues, and urgent deliverables.
Cross-train and share industry knowledge with the team.
Partner with accounting policy to research accounting changes and guidelines and ensure U.S. entities report in accordance with U.S. GAAP and IFRS.
Enhance reporting practices by benchmarking against best practices and industry peers.
Liaise with internal and external auditors and regulators, and assist with quality assurance reviews, internal audits, and regulatory examinations.
Consider the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
Collaborate with business support partners to understand the supported business and help ensure accurate financial results.
Provide guidance on new product initiatives and business strategies to support regulatory compliance as CUSO business activities grow.
Help align and standardize U.S. financial reporting practices and centralize reporting across the U.S. region, including monthly close, financial statement preparation, and control sign-offs.
Support effective and efficient operations and adequate day-to-day controls in accordance with Scotiabank’s Values, Code of Conduct, and Global Sales Principles, including obligations related to operational, compliance, AML/ATF/sanctions, and conduct risk.
Champion a customer-focused culture and leverage broader Bank relationships, systems, and knowledge.