Senior Manager, Finance

1 week ago

Old Toronto, Ontario, Canada Scotiabank Full time
About the Role

We are seeking a highly skilled Senior Manager, Finance to join our team at Scotiabank. As a key member of our Financial Reporting group, you will play a critical role in the preparation and distribution of financial reports for internal and external stakeholders.

Key Responsibilities
  • Monitor regulatory developments from Canadian, US, and international regulators/standard setters that impact the Bank's external disclosures.
  • Research and keep up-to-date with new developments, carry out impact assessments, and educate stakeholders on disclosure implications.
  • Support the Bank's quarterly and annual reporting processes, including preparation of select financial statement notes and MD&A disclosures.
  • Ensure disclosures for non-GAAP measures and ratios in external published documents are in compliance with OSC requirements.
  • Review and provide guidance on disclosure requirements for non-GAAP measures to various teams across the organization.
  • Research, analyze, and coordinate the development and implementation of accounting policy for assigned accounting sections.
  • Maintain an in-depth level of knowledge of current and proposed accounting standards and disclosure requirements.
  • Play a senior role in the implementation and coordination of Finance projects related to financial accounting and reporting, financial system changes, etc.
  • Scope out reporting requirements and ensure 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 and other external documents.
  • Supervise the preparation of select notes in the Bank's MD&A and financial statements.
Requirements
  • 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.
  • 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 5 to 7 years of experience in finance or accounting field.

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