Title:  Assistant Manager, Subsidiaries, Accounting & Reporting

Requisition ID: 265671 

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

The Subsidiary Accounting team manages the governance processes relating to financial accounting and reporting for specific subsidiaries and for the mortgage portfolio of the Bank.

The Assistant Manager contributes to the overall success of the Subsidiary Accounting team by ensuring that goals, plans, and initiatives are executed/delivered in support of the team’s business strategies and objectives. The Assistant Manager ensures that all activities are conducted in compliance with governing regulations, internal policies and procedures.

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

• Review and analyze financial results for subsidiaries, investigating variances and validating account balances for accuracy and reasonableness.
• Identify accounting and reporting issues in a timely manner and support resolution efforts with key stakeholders.
• Prepare and process journal entries, account reconciliations, and supporting documentation.
• Develop financial reports, variance analyses, and financial statements for Boards, Audit Committees, executive management, and other stakeholders.
• Support governance activities within the Subsidiary Accounting Centre of Excellence, including issue tracking, reconciliation monitoring, and control oversight.
• Build strong partnerships across the Bank to deliver exceptional service and leverage organizational knowledge, systems, and resources.
• Provide ongoing support and guidance to Subsidiary Accounting team members and GBS Bogotá colleagues.
• Collaborate with GBS Bogotá to identify process improvement opportunities and implement operational efficiencies.
• Ensure day-to-day activities align with the Bank’s risk appetite, risk culture, and internal control framework.
• Maintain effective business controls and support compliance with operational risk, regulatory, AML/ATF, and conduct risk requirements.
• Partner with internal and external auditors by coordinating audit requests, providing documentation, responding to inquiries, and ensuring compliance with accounting standards.
• Contribute to special projects, including system upgrades, implementations, testing initiatives, and finance transformation activities.
• Act as a backup resource for GBS Bogotá to support business continuity requirements.
• Provide guidance and subject matter expertise to team in Bogota, Colombia on end-to-end activities for specific subsidiaries and the Bank’s mortgage portfolio
• Supports all activities related to accounting, reporting, and audit requirements (both internal and external, e.g. OSFI, etc)

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

• Professional accounting designation (CPA) completed or in progress is preferred.
• University degree in Accounting, Finance, Business Administration, or a related discipline.
• Experience in financial accounting, financial reporting, or controllership functions within a large, complex organization is considered an asset.
• Strong understanding of accounting principles, financial reporting standards (IFRS), and financial statement preparation.
• Proven ability to analyze financial statements, assess account balances, and investigate variances.
• Experience preparing financial statements, reconciliations, and supporting financial documentation.
• Proficiency with financial systems and reporting tools, including PeopleSoft EGL, OBI/Smart View, and advanced Microsoft Excel skills.
• Strong attention to detail with a focus on accuracy and quality of work.
• Excellent analytical and problem-solving skills, with the ability to identify issues and recommend solutions.
• Strong verbal and written communication skills, with the ability to collaborate effectively across multiple teams, stakeholders, and geographic locations.
• Spanish language skills are considered an asset.
• Flexibility to work additional hours during quarter-end and year-end reporting periods, with occasional overtime required throughout the year to meet business deadlines.

What’s in it for you?

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program includes annual bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day. 
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements. 

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.