Share this Job

Title:  Manager, Corporate Functions Finance

 

 

 

Requisition ID: 113727

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

 

The Manager leads the team that oversees the planning, forecasting, reporting and analysis of the operating expenses for Office of the CFO, Legal & Corporate Affairs and Audit.  The incumbent supports and collaborates with multiple stakeholders (up to SVP level) within the EO Functions supported, other Corporate Functions Finance teams and Business Line Finance teams.

 

Key Accountabilities:

  • EO Functions Budgets
    • Lead team to deliver the annual budget for Office of CFO, Legal & Corporate Affairs and Audit
    • Create/populate budget packages for executives using Thinkcell and other reporting tools
    • Responsible for budgeting and analysis, highlighting discussion points for use during meetings with department heads and follow up on action items to ensure they are reflected in the budget 
    • Liaise with budget coordinators to gather information supporting the budget submissions, including compiling, researching and consolidating statistical information for use in the analysis of budget submissions and responding to requests for supporting details.
    • Validate information sources, develop and maintain controls to improve data integrity and completeness, and create templates/processes to automate and simplify tasks.
    • Provide suggestions for enhancing/optimizing processes.
    • Deliver ad-hoc analysis and reports as required to support management of overall budgets.
    • Work closely with team members and corporate function partners to develop/refine/maintain business line allocation methodologies, provide analysis on impact of any changes and communicate the changes to the business lines.
  •  Financial Analysis and Management Reporting
    • Lead the completion of the monthly/quarterly reporting processes, including:
      • Compile and review monthly staffing reports with variance analysis.
      • Prepare quarterly staffing variance analysis; identify the impact of transfers and initiatives.
      • Support monthly/quarterly expense dashboard, reasonability, variance analysis and commentary.
      • Contribute to the delivery of the post-quarter forecast and pre-quarter update including business line allocations with targeted accuracy.
      • Prepare monthly management reports for Office of the CFO and Legal & Corporate Affairs
      • Ad hoc presentation and reporting for Finance and the corporate functions
    • Create journal entries and accruals for select departments and projects.
    • Produce reports with supporting analysis for Executive Management highlighting performance compared to plan, spend compared to historical trends and projected future spend.
  • Customer Service & Relationship Management 
    • Develop and sustain strategic relationships with key contacts, business partners and stakeholders (EO Functions executives and budget coordinators, other Finance teams, BL Finance) to deliver on mandate and provide value-added analysis and insight.
    • Act as a subject matter expert to support budget coordinators and executives in the functions to deliver on their mandate, provide value-added analysis and insights 
  • Leadership & Employee Engagement
    • Provide leadership to direct reports, creating an inclusive environment where all voices are valued
    • Motivate and contribute to the development of direct reports for both current and future roles
    • Recognizing direct report development needs and taking an active role in addressing gaps; exhibiting self-awareness around one’s own impact
    • Actively pursue effective and efficient operations of the incumbent’s areas of responsibility, including suggesting improvements to operations, working files and management reports
       

Experience / Education:


The job requires the following to perform the accountabilities of the job: 

  • University Degree in Business or similar discipline 
  • Ideal candidate has, or is working towards, a CPA designation, or equivalent
  • 5-7 years of relevant experience, particularly in financial analysis, forecasting, planning and reporting
  • Demonstrated skills managing direct reports 
  • Results-oriented individual with strong analytical skills and the curiosity to seek opportunities for process improvements
  • Strong excel and powerpoint skills
  • Ability to effectively prioritize multiple competing tasks while communicating effectively to team members 
  • Ability to prepare and tailor presentations to convey critical financial information to different type of audiences 
     

 

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.


Job Segment: Financial, Bank, Banking, Corporate Finance, Relationship Manager, Finance, Customer Service