Title:  Accounting Analyst, Financial Accounting- Reconciliation

Requisition ID: 243176

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

The Accounting Analyst is responsible for processing entries in PeopleSoft Accounts Payable & Enterprise General Ledger for Specialized Accounting. The Accounting Analyst will lead the monthly Balance Sheet Review and Attestations according to established business rules for each GL account, follow-up with owners of these balances for verification and/or clearing long-outstanding items. They will also prepare the daily reconciliation of the inter-branch settlements with counterparties and monthly review of Accounts Payable /Accounts Receivable and other liability accounts. The Accounting Analyst monitors intercompany loans and deposits balances; checks and reviews daily settlement of Scotia Mortgage Corp. GICs sold and serviced by BNS branches and prepares daily/monthly/quarterly GL entries. She/he/them also liaises with customers for PeopleSoft report inquiries and other duties as assigned.

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

Processing entries

• Input PeopleSoft invoices and PeopleSoft GL entries,
• Input Automated Fund Transfer in the System (Form Free Teller) daily, follow-up and resolve unmatched AFTs.
• Analyze and evaluate alternatives to resolve and correct AFT rejects and suspense items within scope of FAR-SA’s mandate.

Management Reporting 

• Prepare, compile, reconcile and analyze monthly EO Balance Sheet Review.  
• Analyze, reconcile, and investigate ledger balances of AP, AR and Other Assets and Other Liabilities based on established business rules of all GL accounts in the EO Balance Sheet.
• Prepare and analyze regulatory and management reports (e.g., IBS reconciliation and G.O. 888), Guarantees and Intercompany assets and liabilities.

Customer Service

• Ensure that EO Accounting retains the highest customer satisfaction.
• Promptly liaise with customers to resolve issues.
• Investigate and evaluate the cause of problems and recommend improvements.

Other Supporting Tasks / Projects in Specialized Accounting

• Participate in testing new systems functionality.

• Participate in new data capture initiatives, receive training, and then share knowledge with team members.
• Support Fixed Assets Analyst in inputting of entries in Asset Management System

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

• Have strong accounting skills.
• Communicates clearly and precisely, both verbally and in writing.
• University/College Business Degree.  
• Accounting and or Reconcilation experience is considered an asset.

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.