Senior Financial Analyst

Scotiabank • Toronto, ON

19d • Onsite

About The Position

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.

Requirements

• 3-5 years of post-university work experience in FP&A or related field
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook, Copilot)
• 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.

Nice To Haves

• Accounting designation (CPA/CMA/CGA) is an asset
• Knowledge of and familiarity with various Bank’s accounting systems is an asset
• Experience in developing/compiling management reports

Responsibilities

• 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)
• 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

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed