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Title:  Business Analyst Specialist




Requisition ID: 170025

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.


 Hiring Details:

  • Work location: 2201 Eglinton Avenue East, Scarborough, ON
  • Department: IT&S Finance – Operation Technology Finance
  • Primary Manager: Senior Manager – IT&S Finance – Operation Technology Finance & Director – Operation Technology Finance


Job Purpose:

The Business Analyst Specialist within the Operations Technology Finance Team will support primarily IS&C (Information Security Control) or other Technology Finance Operations portfolios with financial planning, reporting, and processing of expenses, along with day-to-day contract and vendor management operations ensuring governance, local regulations and internal policies and procedures are adhered.


Is this role right for you? In this role, you will:

  • Financial Management (contractual invoice tracking, finance reporting). Providing business support with transparency of financial results explaining key components of the technology expenditures.
  • Data Support (Document repository creation, maintenance, analysis, and dashboard creation). Maintaining and oversight of data analysis ensuring accuracy of transactional expenditures with alignment of accounting policies and procedures.
  • Vendor Management (procurement, contract management, & vendor monitoring/audit). Enhanced knowledge of SmartBuy/Coupa/CMS/Fieldglass systems providing support to acquired services initiated by the business and key stakeholders within the bank.
  • Responsible with maintaining primarily IS&C or other Technology Finance Operations portfolios with financial analytics and reporting.  Monitoring continual activity within the business providing transparency and opportunities of benefits & savings. Assisting business lines and Vendor Management Offices (VMOs) with the creation, review, and analysis of vendor contracts within IS&C or other Technology Finance Operations portfolios and other Technology Finance areas. Review and update various databases with contract information as well as develop dashboards for key decision makers.
  • Organized and resourceful candidate with strong aptitude to carry high demanding responsibilities for IS&C or other Technology Finance Operations portfolios & Other Technology areas financial portfolios and reporting.
  • Closely engaged with IS&C or other portfolio Business Owners for opportunities of benefits and savings, while delivering other duties outside of regular day to day responsibilities
  • Assist with maintaining of accrual processes, Forecasting, Invoicing, Contract Renewals, Purchase Orders, Deferrals, Ledger reconciliations, Budget Planning
  • Contribution to user-friendly Power BI dashboards, Excel/SharePoint databases, and procurement trackers (single pane financial views). 
  • Liaison with suppliers, Vendor Management Offices (VMOs), and business lines to manage contract lifecycle and ensure Bank processes are followed. 
  • Raise and manage ServiceNow request tickets to process invoice approvals and payments and to purchase hardware and software products.
  • Summarize large volumes of data into meaningful insights via process workflow maps and executive presentations.
  • Understands the Bank’s IT strategy and digital culture should be considered in day-to-day activities and decisions.


Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

  • A recognized undergraduate degree in Accounting, Business Administration or related discipline, or equivalent qualification/experience. 
  • 5+ years of hands-on business analysis, data, or procurement work experience. 
  • Proficient in MS Office tools (particularly Excel and Power Point, Visio); and financial reporting software working knowledge of Power BI is an asset
  • Strong verbal and written communication skills, ability to succinctly distill information.
  • Self-driven, highly energetic and team player attitude
  • Able to meet tight deadlines and flexibility to work evenings/weekends as needed, often on short notice
  • Experience in Allocation of Cost within multiple business lines and definition of Drivers is an asset.
  • Analytical mind with a critical thinking, able to juggle multiple competing priorities with attention to detail. You are a self-motivated individual with good organizational and time management skills able to pivot with changing priorities during constrained timelines.
  • Good interpersonal skills with ability to work effectively with colleagues and internal/external customers.
  • CPA, CMA Designation is an asset. Business Administration
  • MBA or other business-related designation is an asset.
  • Technology industry knowledge
  • General knowledge of Accounting Principle and Procedures and taxation regulations in Latin-American Countries.


What’s in it for you?

  • An inclusive & 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.




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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