Financial Manager for Subsidiary Accounting

2 weeks ago

Toronto, Ontario, Canada Scotiabank Full time

About the Role

The Subsidiary Accounting team at Scotiabank is seeking a highly skilled Manager to oversee the governance processes relating to financial accounting and reporting for specific subsidiaries and the mortgage portfolio of the Bank. As a Manager, you will contribute to the overall success of the team by ensuring that goals, plans, and initiatives are executed in support of the team's business strategies and objectives.

Key Responsibilities

  • Review financial results of the subsidiaries, complete variance analyses, and ensure balances appear reasonable
  • Ensure timely identification and resolution of any issues
  • Monitor close calendar for Subsidiary Accounting
  • Prepare and review reports and other documentation for various stakeholders
  • Assist with governance responsibilities of the COE, including maintenance of the issues log and change management log
  • Champion a customer-focused culture to deepen relationships and leverage broader Bank relationships
  • Provide real-time assistance to Subsidiary Accounting team members and GBS Bogota resources
  • Partner with GBS Bogota to identify process improvements and develop action plans for implementation
  • 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 the respective areas
  • Liaise with internal and external auditors to define requirements and respond to queries
  • Act as liaison and/or provide support for special projects, including finance system upgrades and implementations
  • Act as backup resource for GBS Bogota
  • Champion a high-performance environment and support a people strategy that attracts, retains, develops, and motivates the team

Requirements

  • Professional Accounting designation preferred (CPA)
  • Undergraduate degree with 5+ years of experience
  • Strong understanding of accounting principles and ability to understand financial statements
  • Experience preparing and reviewing audited financial statements
  • Strong knowledge of the Bank's general ledger (PeopleSoft EGL), OBI/Smart View, Excel
  • Excellent attention to details
  • Strong analytical, communication, and problem-solving skills
  • Strong communication skills (verbal and written), with ability to interface with various geographies and partners
  • Spanish skills an asset

What We Offer

  • An inclusive and collaborative working environment that encourages creativity and celebrates success
  • A competitive rewards package, including performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one
  • Career development and progression opportunities

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