Title:  Asst. Manager, Intercompany Settlements - 12M Contract

Requisition ID: 212120

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

Leads and oversees Global Payment Operations (GPO) – Intercompany Transactions in Canada, ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

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

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge​​​​​​
• Leads a team that supports intercompany transactions, including monthly charge-outs and  accrual recommendations for International and Canadian subsidiaries.
• Investigates intercompany billing disputes and tracks them to resolution
• Follows-up with International / Canadian subsidiaries Finance personnel to address outstanding intercompany settlement balances.
• Facilitates discussions between International/ Canadian subsidiary Finance personnel with relevant business line users.
• Prepares and maintains operational procedures related to intercompany transactions.
• Monitors operational efficiency and effectiveness through the development, maintenance, and regular reporting of Intercompany Settlement KPIs/KRIs.
• Contributes to the maintenance of SOX PD & RCM documentation.
• Collaborates within GPO team members on continuous improvement projects.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which their team pursues effective and efficient operations of their 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.
• Builds a high-performance environment and implements 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:

• University degree in finance or a related field.
• A minimum of 5-7 years of experience in banking, financial services, with a proven track record of success in driving excellence and continuous improvement.
• Exceptional analytical, problem-solving, and critical thinking skills, with the ability to synthesize complex data into actionable insights.
• Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word)
• A proactive, self-motivated, and detail-oriented mindset, with the ability to work both independently and collaboratively within a team.
• Demonstrated ability to manage/,prioritize multiple tasks, and work effectively under pressure.

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.

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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.