Manager, Expense Reporting Manager, Expense

2 weeks ago


Toronto, Canada Scotiabank Full time

**Requisition ID**: 154189 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Purpose Global Finance - Reporting is a finance function with divisional focus providing financial management and analytical support to Executive Office and major business line executive management, as well as to the business line management in the areas within major business lines. The Manager is a member of the Expense Reporting & Analysis (ERA) team reporting to the Senior Manager, Expense Reporting and Analysis. ERA is a critical function for divisional results and has the responsibility for ensuring effective expense management and optimization of business investments in line with Bank and business lines’ strategic priorities. The Manager has responsibility for the accurate, comprehensive. and timely preparation and financial information of monthly and quarterly results, ensuring accurate, comprehensive and timely delivery of reporting and analysis from both statutory and business line perspective, for use in BNS executive and senior management reporting and decision-making. Contributes to the overall success of Global Finance - Reporting ensuring specific individual goals, plans, initiatives are executed and delivered in support of business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. **Key Accountabilities**: General Champions a customer focused culture to deepen relationships and leverage broader Bank relationships, systems and knowledge. Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. Actively pursues effective and efficient operations, while ensuring the adequacy and adherence to controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Guidelines for Business Conduct. Accountabilities - Specific Assist with the preparation of quarterly and monthly reporting on assigned Canadian Banking (or other business lines, as required) statutory and business line results in support of deliverables: Coordination and collection of financial and staffing data from business units. Perform reasonability review including statutory expense and FTE reporting. Review, analyze and prepare statutory journal entries, ensuring accuracy and completeness. Perform analysis of various variances including actual expenses for direct units and support groups to ensure accuracy and completeness and understandings of significant transactions. Communicate with individuals in various business units during monthly close and on an ongoing basis. Respond to queries from senior management and participate in the investigation and resolution of reporting issues. Support Senior Manager in efforts to enhance expense reporting and analytical processes: Co-ordinate processes with group members (including other Manager Expense Reporting). Assist with the annual business line rule set up and chart of account (COFA) management processes Identify issues and make recommendations with a focus on process improvement As required perform adhoc, value added analysis in support of assigned business line distribution channels and Product team relationships. Act as a prime liaison with assigned units while building strategic relationships to provide support. 5. Provides coaching and training to colleagues and business partners on processes. **Experience / Education**: Post-secondary degree in Finance or Accounting with minimum 5 to 7 years of relevant experience. Completion or enrollment in an accounting program is required (i.e. CPA, MBA) Solid business acumen and strong analytical and problem-solving skills. Strong oral and written communication skills and the ability to work effectively in a team and ability to communicate with individuals at different levels and a variety of skill-sets and organizational perspectives. A solid understanding of financial and management reporting principles. Knowledgeable of the Bank’s products, operations and procedures. A good understanding of elements of effective control over integrity and completeness of financial reporting. Highly flexible, detail-oriented, and able to cope with changing priorities and to multi-task under tight deadlines and deliver with a great amount of accuracy and completeness. Excellent attention to details and time management skills. Knowledge of financial accounting and generally accepted accounting principles. **Location(s)**: Canada : Ontario : Toronto Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and invest



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