Senior Manager, Statutory Reporting

2 weeks ago

Toronto, Ontario, Canada Scotiabank Full time

Is this role right for you?

In this role, you will: Monitor regulatory developments from Canadian, US and international regulators/standard setters (OSFI, OSC, SEC, IASB, etc) that impact the Bank's external disclosures. Specifically, the incumbent must keep abreast of new developments, carry-out impact assessments and educate various stakeholders on disclosure implications. Support the Bank's quarterly and annual reporting processes which will include preparation of select financial statement notes and MD&A disclosures, and coordinate input submission for the quarterly and annual reports by working with stakeholders across the Bank. Ensure disclosures for non-GAAP measures and ratios in external published documents are in compliance with OSC requirements. The incumbent will be expected to review and provide guidance on disclosure requirements for non-GAAP measures to various teams across the organization. To research, analyze and coordinate the development and implementation of accounting policy for specifically assigned accounting sections. The incumbent must maintain an in-depth level of knowledge of the current and proposed accounting standards and disclosure requirements. To play a senior role in the implementation and co-ordination of Finance projects related to financial accounting and reporting, financial system changes, etc. The incumbent is expected to scope out reporting requirements and ensure that relevant departments are brought into the decision-making process in a timely manner. Support the automation of disclosures in the Bank's quarterly/annual report to shareholders as well as other external documents, through coordination with the technology team. Supervise the preparation of select notes in the Bank's MD&A and financial statements by reviewing work performed by manager and/or senior analysts on the team, and respond to queries from internal and external auditors. Participate in industry discussion groups on new disclosures, research topics and present the Bank's position.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

Post secondary education in business, finance or accounting. CPA designation is strongly preferred. Strong understanding of International Financial Reporting Standards, as well as OSC and SEC regulatory requirements relating to financial reporting, specifically those related to the banking industry. Strong Excel skills. Knowledge of the Bank's general ledger system, including PeopleSoft EGL and OBI, will be helpful. Excellent communication, project management, writing/presentation skills and business acumen. Ability to work under pressure and willingness to work long hours, as demanded by tight reporting deadlines during quarter-end periods. Superb self-motivation and work attitude, excellent organizational and time management skills. Minimum 7 years of experience in finance or accounting field.

What's in it for you?

An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one Your career matters You will have access to career development and progression opportunities.

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