Financial Reporting Manager

3 weeks ago

Toronto, Ontario, Canada Scotiabank Full time
Job Title: Manager, Statutory Reporting

Scotiabank is seeking a highly skilled and experienced Manager, Statutory Reporting to join our Financial Accounting and Reporting team. As a key member of our team, you will play a vital role in the production of the Bank's consolidated quarterly and annual financial statements, earnings press release, and certain accounting policy and disclosure issues.

Key Responsibilities:
  • Establish and maintain the Bank's global chart of accounts and related database structure to satisfy present and foreseeable statutory, financial, and management reporting information needs.
  • Prepare disclosures for assigned notes in the MD&A and financial statements.
  • Assist with the preparation of the Bank's quarterly and annual report by coordinating the roll-forward of reports, communicating requirements and deadlines to relevant note-owners, and overseeing the proofing and consistency check process.
  • Coordinate certain matters related to the Bank's external audit, including updating and maintaining policy related to pre-approved audit services, preparing quarterly summaries of external audit and related services for reporting to the audit and conduct review committee, and preparing the annual audit fee budget for reporting to the audit and conduct review committee.
  • Oversee and coordinate the preparation of the Bank's quarterly earnings press release.
  • Undertake ad-hoc projects and research activities within the department as required.
  • Provide supervision and mentoring to one senior analyst that reports into the position.
Requirements:
  • Post-secondary education in business, finance, or accounting.
  • CPA designation (or working towards the same) is strongly preferred.
  • Knowledge of Peoplesoft EGL and OBI is an asset.
  • Strong knowledge of International Financial Reporting Standards (IFRS) and some knowledge of regulatory guidelines applicable to the Bank.
  • Strong communication skills, as the position deals with multiple internal stakeholders, as well as external audit.
  • Strong Excel skills, experience with the development of macros is an asset.
  • Strong analytical skills.
  • Must be very well organized; must be accurate yet able to meet tight deadlines.
  • Must be willing to work overtime during quarter-end periods.
What's in it for you?
  • An inclusive and 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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