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Senior Manager of Global Accounting Standards
3 months ago
Requisition ID: 201949
Overview:
The Senior Manager is tasked with the crucial role of researching and formulating accounting policies and procedures, ensuring their effective implementation across the organization. This position reports directly to the Director or Vice President and involves a thorough analysis of accounting standards and potential modifications, addressing intricate accounting challenges, and offering expert guidance on specialized transactions as necessary.
Key Responsibilities:
- Ensure that critical sectors of the organization are informed and adequately prepared for the implications of new and evolving accounting standards. The incumbent will facilitate the direct application of these standards, investigate issues related to specific strategies or transactions, and provide viable alternatives and recommendations for compliance.
- Keep senior management informed about the accounting ramifications of new and revised IFRS standards. The role requires identifying and researching issues, exploring areas of flexibility, and making recommendations aligned with the organization's priorities.
- Evaluate and recommend appropriate accounting treatments for specialized proposed transactions. This analysis typically necessitates well-documented summaries of transaction terms, accounting options, and a rationale for recommendations.
- Regularly maintain and update the accounting monograph (i.e., IFRS policies) and implementation guidelines, including user training and implications of new guidelines.
- Actively engage in the development and interpretation of new and proposed accounting standards, including disclosures in financial statements and Management Discussion & Analysis (MD&A).
Qualifications:
- Exceptional organizational skills to manage multiple projects, initiatives, and reviews simultaneously.
- Adept at efficiently navigating and comprehending extensive complex materials to produce precise results and present alternatives.
- Expected to implement intricate accounting requirements for designated business lines.
- Strong financial acumen complemented by excellent analytical and problem-solving abilities.
- Detail-oriented with the capacity to work under pressure to meet stringent deadlines.
- Outstanding communication skills, both verbal and written, are essential.
- Results-driven while maintaining a flexible approach to adapt to changes in the work environment.
- Effective interpersonal skills to foster and maintain relationships with diverse teams across the organization.
- A collaborative team player willing to undertake additional projects and responsibilities to meet the group's overall objectives.
- Proficient in Microsoft Word, Excel, and PowerPoint, with the ability to learn various reporting tools to extract and present information from the organization's accounting records.
Benefits:
- An inclusive and collaborative work environment that promotes creativity, curiosity, and celebrates achievements.
- A competitive rewards package including performance bonuses, employee share ownership programs, and pension plan matching, along with health benefits from day one.
- Opportunities for career development and progression.
Scotiabank is a prominent financial institution in the Americas, dedicated to helping customers, their families, and communities achieve success through a comprehensive range of financial services.
We value the unique skills and experiences each individual contributes and are committed to fostering an inclusive and accessible environment for all.
