Senior Financial Analyst

3 weeks ago

Toronto, Ontario, Canada Scotiabank Full time
Job Title: Senior Analyst Financial Analytics and Business Intelligence

Scotiabank is seeking a highly skilled Senior Analyst to join our Financial Analytics and Business Intelligence team. As a key member of our team, you will be responsible for providing financial analysis and business intelligence support to our Global Transaction Banking business.

Key Responsibilities:
  • Contribute to the overall success of the Financial Management and Global Transaction Banking team by executing specific individual goals, plans, and initiatives in support of business strategies and objectives.
  • Ensure all activities conducted comply with governing regulations, internal policies, and procedures.
  • Manage GTB Sales expense management, invoice processing, and other areas of support within the Financial Management team.
  • Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Support the Commercial Card Expense Program by verifying and approving expenses submitted through the Travel & Expense (T&E) platform and monitoring and resolving delinquency for all of GTB Product and Sales.
  • Set up Commercial Cards for all of GTB Sales (in Canada) staff as applicable and cancelling cards, as required.
  • Manage GTB (Product and Sales in Canada) monthly cell phone invoices by verifying and submitting for approval and processing.
  • Monitor the quarterly Not Interest Bearing (NIB) Report by requesting a list of all new non-at-interest accounts with average balances of over $2Million threshold to ensure they are appropriately coded as Not @ Interest, reviewing the list and distributing to partners as required (Corporate and Commercial Banking clients), and takes any corrective action required in conjunction with the Product Group.
  • Submit for approval all 250as (internal invoices) for Legal Matters, Rent where GTB Sales teams are located across Canada, and general expense-related invoices for all of GTB Sales.
  • Conduct GL investigation and reconciliation, identifying and resolving any discrepancies or errors in the general ledger.
  • Review and fulfill invoices, verifying the validity and completeness of invoices and forward payments in a timely manner, carrying out investigations when necessary.
  • Review and audit Commercial Card contracts, calculating rebates, fees, and fraud totals, and issuing payments to cardholders.
  • Engage with teams and provide support partners with all finance-related functions.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy.
Requirements:
  • 2+ years' experience in financial analysis, data analytics, or performance measurement.
  • Strong background in statistical & quantitative analysis and ability to manipulate large data sets.
  • In-depth knowledge of finance concepts, financial reporting, and performance management.
  • Ability to apply analytics to business/product strategy and deliver actionable insights.
  • Experience with SQL, Access, VBA is a must.
  • Excellent communication, interpersonal, and strategic negotiating skills.
  • Knowledge of payments, esp. credit cards, innovative digital platforms, policies, and procedures.
  • Undergraduate degree in statistics, economics, finance, mathematics, commerce is required.
  • Master's degree and/or relevant professional designation is preferred.
What's in it for you:
  • A great opportunity for a position within GBP, which is a key area of focus for Scotiabank.
  • A chance to join a vibrant high-performing team that is supportive and accountable.
  • Working in an inclusive and collaborative environment that encourages creativity, curiosity, and celebrates success.
  • A rewarding career path with diverse opportunities for professional development.
  • Internal development to support your growth and enhance your skills.
  • Career progression opportunities.

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