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Director, Financial Analysis

Scotiabank

This is a Contract position in Toronto, ON posted January 21, 2023.

Categories Accounts payable, Requisition ID: 166106 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Reporting into : Vice President, Reporting Direct reports: up to 4 direct reports, senior manager and/or manager Job Purpose Global Finance
– Reporting, a finance function providing financial management and analytical support to Executive Management.

The Global Finance team supports Canadian Banking, Global Wealth Management, Global Banking and Markets, International Banking, Group Treasury and Executive Office business units.

This role will be reporting to the Vice President
– Reporting.

The Director will be primarily responsible for ensuring the accuracy and integrity of the financial reporting and analysis of monthly and quarterly results for inclusion in the Bank’s overall external reporting and internal reporting.

Is this role right for you?

In this role, you will: Manage the delivery of monthly and quarterly financial results (P&L and Balance Sheet) on a timely basis while ensuring data accuracy and completeness, oversight and governance, and compliance with regulations and internal policies and procedures.

Includes responding to ad hoc requests and analysis.

Analyze business line results and translating into meaningful and insightful management reports.

Manage the monthly and quarterly reasonability of both statutory and business line financial results by ensuring the timely identification and resolution of all material issues.

Approve the monthly processing of EGL entries by ensuring their accuracy, completeness and processing within strict monthly timetables.

Manage the team to ensure the completeness, relevancy and accuracy of externally published reports, such as the MD&A, Investor Package, Supplementary Package and relevant Board reports.

Preparation of regulatory reporting may be required.

Coordinate and manage the periodic update of business line rules, facilitate allocation and adjustments required to produce business line results Coordinate executive reporting for the Chief Accountant leadership team including preparation/analysis of plan/forecast, compliance and risk KPI/KRI reporting and other initiatives as required Lead and implement changes to support strategic business changes, management decisions, process improvements and efficiency initiatives Communicate and resolve reporting issues including emerging issues, with business units and management.

Maintain and develop strong controls over operational and analytical processes.

Direct day-to-day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits.

Communicate the Bank’s risk culture and risk appetite statement throughout their teams.

Create an environment in which his/her team pursues 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, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

Build a high-performance environment and implement a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and, managing succession and development planning for the team.

Do you have the skills that will enable you to succeed in this role?

– We’d love to work with you if you have: Strong communication skills such as the ability to communicate findings/analysis and present ideas in a clear and concise manner.

Strong leadership skills, coaching skills and stewardship capabilities in a complex and changing environment.

Requires the ability to manage, direct and coach staff, and to cope with multiple priorities, quick turn-around times, and tight deadlines Ability to relate financial data to business results and identify issues and trends.

Proven quantitative and financial analytical skills.

Demonstrated ability to apply critical thinking and provide forward thinking recommendations.

Strong understanding of financial (IFRS) and management accounting standards.

Highly organized, able to work independently, with demonstrated experience in solving problems and making decisions in time pressured environments.

This role requires the ability to work quickly and accurately under pressure for sustained periods of time and multi-task effectively.

Strong team player with proven ability to work effectively with others to achieve common objectives.

A strong customer focus and ability to initiate and implement change is required.

Strong understanding of external and internal reporting controls, processes and requirements is required scotiafinancejobs 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 investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone.

If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.

If you require technical assistance, please click here .

Candidates must apply directly online to be considered for this role.

We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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