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Title:  Director, Global Operations Finance

 

 

 

Requisition ID: 159726

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

 

The Global Operations Finance team oversees the financial planning, forecasting, reporting and analysis of the operating expenses and benefits from initiatives for all areas within Global Operations.  The Director of the team is responsible for providing financial advice and support to the EVP, Global Operations, and the Global Operations leadership team while setting the strategic and operational direction for the supporting Global Operations Finance team. 

The incumbent strives to build trusted stakeholder partnerships, oversee resource management of their unit, provide strong team leadership to motivate and develop the team, and foster a customer and results focused team.  
 

Key Accountabilities:

 

  • Stakeholder Relationship Management 
    • Develop and sustain strategic relationships with key stakeholders, including Global Operations executives, to enable them to deliver on their mandates effectively and efficiently.
    • Act as a change agent, lead and communicate the EO expense management mandate to key partners and stakeholders
    • Financial advisor to Global Operations Executives by providing analysis and support to enable them to make informed decisions pertaining to the impact of budget planning, forecasting and potential cost reduction activities, as well as the ongoing management of their business’ operations which have a financial impact.
  • Global Operations Budgets & Reporting
    • Act as financial controller for Global Operations, and ensure expense management discipline and alignment to Bank expense policies
    • Lead and oversee the expense management process for Global Operations. Activities include:  planning, forecasting, reporting & analysis, testing for reasonability and reporting of actual spending against budgets on a monthly, quarterly and annual basis
    • Oversee reporting, analysis and commentary for Global Operations on quarterly results and variances for inclusion in the Quarterly Financials (BlueBook).
    • Develop and provide governance over the standard for Support group allocations and simplify methodologies and processes to obtain key information without creating complexity
    • Maintain strong relationships with Business Line finance teams, providing regular reporting / updates re: Global Ops P&L actuals / forecast / plan
  • GO Projects 
    • Provide leadership for management of financial issues relating to GO projects, including business case review, stakeholder management (including GO and business line executives, PMO teams), financial issues management (e.g. tax, transfer pricing, liquidity and cashflow management, accounting policy)
  • Leadership & Employee Engagement
    • Developing and executing meaningful employee development plans; motivating and contributing to the development of subordinate/team performance in current job and for future opportunities;
    • Recognizing subordinate/team development needs and taking an active role in addressing gaps; 
    • exhibiting self-awareness around one’s own impact on the team and when necessary, adjusting leadership and motivational qualities to maximize subordinate/team performance;
    • Facilitating a result and customer focused culture with strong performance orientation and open communication; encouraging the generation of new ideas and approaches;
    • Integrate Pulse survey results to continually improve and leverage team performance/ satisfaction, and raise employee engagement.
       

Experience / Education:

 

  • University Degree in Business or similar discipline 
  • MBA, CA, CPA, CMA, or equivalent an asset.
  • 7-10 years of relevant experience 
  • A results-oriented individual who is able to lead change, with high self-awareness and strong interpersonal, communication (verbal and written), and problem-solving skills
  • Demonstrated leadership skills and ability to coach a team of financial professionals.
  • Strong analytical skills with the perspective of seeking opportunity for improvement
  • Ability to sustain a broad-based knowledge of the Bank's and Corporate Functions’ strategy, operations, policies and procedures.
  • Ability to multi-task effectively
  • Experience in managing analytical and operational processes
  • Ability to convey critical financial information to non-finance Executives
  • Ability to understand and support the needs of various Global Operations areas while balancing the need of Finance to support cost containment/reduction
  • The incumbent works independently and is expected to exercise a high degree of judgment and discretion within the context of approved budgets, authorities and Bank policies
  • Receives direction of a general nature from the Vice-President, Corporate Functions & Expense Management   
     

 

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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