Manager, Compensation

6 months ago


Toronto, Canada Scotiabank Full time

Requisition ID: 192422

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

**Job Purpose**:
The Corporate Functions and Expense Management team manages the Bank's expense management policies and processes, including planning, forecasting, and reporting, while providing insightful analysis and recommendations for management. The team is also responsible for compensation/benefit planning, accounting, reporting and analysis. The Manager, Compensation and Benefits Finance is responsible for managing the planning and analysis of compensation and benefits across the Bank. This includes, but not limited to, Annual Incentive Plan (AIP), Stock Based Compensation (SBC), Pension and Employee Benefit. The individual is also responsible for the appropriate allocations of these expenses to the business line. The individual is also closely involved in working with Business Line Finance partners to ensure the integrity of the Bank’s global performance-based compensation and pension and benefits expense. This position has a high level of interaction with various HR teams, Group Treasury, Accounting Policy Procedures, Business Line Finance areas and Taxation.

**Is this role right for you? In this role, you will**:

- Manage the valuation, accounting, reporting, analysis and forecasting of global stock-based compensation plans across the Bank and communicate to Finance partners to ensure that these updates are accounted for appropriately in their respective business units. Work with Finance partners and HR teams to resolve any monthly accounting and/or booking issues. Assist HR Total Rewards in implementing any plan changes.
- Advise Group Treasury and Hedge Accounting of outstanding SBC units and work with partners to ensure appropriate levels of hedges are executed and accounted for correctly.
- Manage/oversee the accounting, reporting, analysis and forecasting of the Bank’s Canadian AIP programs, centrally managed Canadian Pension and Benefits, including Scotia Pension Plan, post retirement benefits plans, FLEX benefits, ESOP and Global Employee Recognition. Drive the monthly and quarterly accuracy and integrity of accounting results.
- Develop and maintain equitable allocation drivers and methodologies under the mandate of this role. Communicate transparently the drivers to business lines and address potential issues or feedback as appropriate.
- Lead the quarterly review of global stock-based compensation, Annual Incentive Plan and Pension & Benefits to ensure accuracy in part by comparing to prior quarter and pre-quarter end forecasts. Provide concise and meaningful commentary and analysis for inclusion into monthly management reporting, the all-Bank sections of the Bluebook, MD&A and other external disclosures.
- Actively support the team, the Senior Manager and the Director by providing analytics and commentary for ad-hoc requests (including from the CFO) and our business and Finance partners.
- Proactively work with the team, Senior Manager and the Director in pursuing enhancements that will create efficiencies within our processes and add value and additional insight to our customers and business partners.

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

- General understanding of accounting principals; familiarity with SBC vehicles and/or derivatives.
- Ability to develop strong relationships with key stakeholders and work with a cross-functional team.
- Desire and ability to challenge existing processes and execute change to better support business partners.
- Ability to manage high volumes of complex information with tight deadlines.
- Ability to scrutinize and analyze information and/or data inputs when reviewing financial results and forecasts.
- Strong communication skills (both verbal and written).
- Experience managing staff.
- Shareworks system experience an asset.
- Advanced Excel skills (including experience with pivot tables, vlookups, macros, VBA, etc.) and ability to design spreadsheets and automate processes.
- Strong attention to detail.
- University degree in finance, accounting, or business.
- Accounting designation and/or graduate degree in finance/accounting/business would be an asset.

**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.

scotiafinancejobs

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and com


  • Manager, Compensation

    6 months ago


    Toronto, Canada Sunnybrook Health Sciences Centre Full time

    We seek a Manager of Compensation to oversee the day-to-day operations of the Compensation functions at the hospital. Duties of the role will include but not limited to: - Administer and maintain the various compensation programs and ranges within the hospital. - Facilitate the job evaluation and appeals processes. - Evaluate and provisionally rate new...

  • Manager, Compensation

    1 month ago


    Toronto, Canada Mackenzie Investments Full time

    Job Description Grade: P7 Referral Level: Level 1 Division: IGM-HR IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion in total assets under management. The company provides a broad range of financial planning and investment management services to help more than two million Canadians...

  • Compensation Manager

    6 months ago


    Toronto, Canada Superior Propane Full time

    As the Compensation Manager for Superior Plus, you will provide extensive support in the design, management and administration of executive compensation programs and procedures. Working with HR teams and senior business leaders across the business, you will support the development and delivery of executive and broad-based compensation programs. You are a...

  • Compensation Manager

    2 months ago


    Toronto, Ontario, Canada CB Canada Full time

    About the RoleWe are seeking a highly skilled Compensation Manager to join our team at CB Canada. As a key member of our HR department, you will be responsible for designing and implementing compensation programs that drive business results and support our company's growth strategy.Key ResponsibilitiesDevelop and maintain compensation programs that align...

  • Manager, Compensation

    6 months ago


    Toronto, Canada Amica Senior Lifestyles Full time

    Job Description: **Manager, Compensation** **Amica Senior Lifestyles** **Full Time** Established in 1996, Amica Senior Lifestyles owns and operates over 30 senior living residences in British Columbia and Ontario, while continuing to grow in select markets. Offering Independent Living (IL), Assisted Living (AL) and Memory Care (MC) lifestyle options, we...

  • Manager, Compensation

    6 months ago


    Toronto, Canada Amica Senior Lifestyles Full time

    Job Description: **Manager, Compensation** **Amica Senior Lifestyles** **Full Time - Hybrid Position** Established in 1996, Amica Senior Lifestyles owns and operates over 30 senior living residences in British Columbia and Ontario, while continuing to grow in select markets. Offering Independent Living (IL), Assisted Living (AL) and Memory Care (MC)...

  • Manager, Compensation

    3 weeks ago


    Toronto, Canada AG Growth International Inc. Full time

    **Position Title: Manager, Compensation** **Department: Human Resources** **Division: Corporate** **Location: Toronto, ON, Canada** **About AGI** AGI is a global food-based infrastructure company publicly traded in Canada. With over 4,200 employees and over 30 global manufacturing brands, AGI is a leading provider of equipment and technology solutions for...

  • Compensation Manager

    6 months ago


    Toronto, Canada Superior Propane Full time

    Superior Propane Compensation Manager From the open road to the boardroom, we offer diverse career opportunities from coast-to-coast. General Information Location: Toronto, Ontario, Canada Business Unit: Superior Plus Department: Superior Plus Date published: 11-Jun-2024 Ref #: 3464 Description and Requirements ...

  • Compensation Manager

    3 weeks ago


    Toronto, Ontario, Canada Mackenzie Investments Full time

    At Mackenzie Investments, we are seeking a skilled Compensation Manager to oversee the development and implementation of compensation strategies that align with our company objectives. This role involves participating in the annual compensation review process, collaborating with the HR technology team, and ensuring compliance with legal and regulatory...


  • Toronto, Canada AG Growth International Inc. Full time

    Position Title: Manager, Compensation Department: Human Resources Division: Corporate Location: Toronto, ON, Canada About AGI AGI is a global food-based infrastructure company publicly traded in Canada. With over 4,200 employees and over 30 global manufacturing brands, AGI is a leading provider of equipment and technology solutions for agricultural...

  • Manager, Compensation

    5 months ago


    Toronto, Canada Rogers Communications Full time

    We are committed to connecting Canadians through unique partnerships, our world-class network and content Canadians love—and our innovative team is growing. We are looking for dedicated team members to join our Corporate team who have a genuine passion for making positive impacts on customers and the communities where we live and work. We have a variety of...

  • Manager, Compensation

    1 month ago


    Toronto, ON, Canada Mackenzie Investments Full time

    Job Description Grade: P7 Referral Level: Level 1 Division: IGM-HR IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion in total assets under management. The company provides a broad range of financial planning and investment management services to help more than two million...


  • Toronto, Canada TD Bank Full time

    **Work Location**: Toronto, Ontario, Canada **Hours**: 37.5 **Line of Business**: Human Resources **Pay Details**: **DEPARTMENT OVERVIEW** **The **Compensation Advisory Group, within the Global Total Rewards Group **, is TD's in-house Compensation consulting team that provides advice and tailored compensation solutions for each business group based on...


  • Toronto, Canada Mackenzie Investments Full time

    Job Description Grade: P8 Referral Level: Level 2 Division: IGM-HR IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $252 billion in total assets under management. The company provides a broad range of financial planning and investment management services to help more than two million Canadians...


  • Toronto, Canada Mackenzie Investments Full time

    Job Description Grade: P8 Referral Level: Level 2 Division: IGM-HR IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $252 billion in total assets under management. The company provides a broad range of financial planning and investment management services to help more than two million Canadians...

  • Manager, Compensation

    6 months ago


    Toronto, Canada Banyan Software Full time

    **Company Overview**: Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In 2021 and 2022 Banyan was named the #1 fastest...


  • Toronto, Ontario, Canada CB Canada Full time

    About the RoleAmerisourceBergen is seeking a highly skilled Compensation Manager to join our team in Canada. This is a full-time opportunity that will provide a competitive total rewards package and a chance to make a meaningful impact in the healthcare industry.Job SummaryThe Compensation Manager will be responsible for designing and implementing...


  • Toronto, Ontario, Canada Superior Propane Full time

    Job OverviewWe are seeking an experienced Compensation Program Manager to join our team at Superior Propane.The successful candidate will provide support in designing, managing and administering executive compensation programs and procedures. This includes working with HR teams and senior business leaders across the business to develop and deliver executive...


  • Toronto, Canada Equitable Bank Full time

    Let's talk about the role! Main ActivitiesCompensation:Support the development of our compensation philosophy and strategy, in alignment with our goals;Develop and produce client-ready reports on an ad-hoc and cyclical basis on competitive market trends and internal equity in alignment with our compensation philosophy;Develop and maintain market benchmarking...


  • Toronto, Ontario, Canada AccorCorpo Full time

    At AccorCorpo, we're seeking a highly skilled Compensation Program Manager to support the development and implementation of new and revised compensation programs, policies, and procedures. As part of our Talent & Culture team, you will play a critical role in providing data-driven insights and recommendations to inform strategic business decisions.About the...