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Title:  Senior Analyst, Expense Reporting - Global Finance

 

 

 

Requisition ID: 69087

 

Join the Global Community of Scotiabankers to help customers become better off.

 

Global Finance - Reporting, Canadian Banking is a divisional finance function providing financial management and analytical support to Canadian Banking executive management, as well as to the business line management in Retail, Automotive Lending, Small Business, Tangerine and Commercial Banking areas.

 

The Senior Analyst will be a member of the Expense Reporting & Analysis team reporting to the Senior Manager, Expense Reporting and Analysis (ERA).  ERA is a critical function for the Canadian Banking division, and has the responsibility for ensuring effective expense management and optimization of business investments with Canadian Banking’s strategic priorities.

 

The Senior Analyst has responsibility for the accurate, comprehensive and timely preparation and financial information of Canadian Banking's monthly and quarterly results, ensuring accurate, comprehensive and timely delivery of reporting and analysis from both statutory and business line perspective, for use in BNS executive and senior management reporting and decision-making.

 

 

KEY ACCOUNTABILITIES

  • Assist with the preparation of quarterly and monthly reporting on assigned Canadian Banking statutory and business line expenses in support of Blue Book deliverables:
    • Coordination and collection of financial data and statistics from business units.
    • Perform reasonability review of statutory expense reporting.
    • Review, analyze and prepare statutory journal entries, ensuring accuracy and completeness.
    • Perform analysis of various variances between actual expenses for Canadian Banking direct units and support groups to ensure accuracy and completeness and understandings of significant transactions.
    • Develop Product group subject matter expertise including direct unit allocations to external partners.
    • Communicate with individuals in various business units during monthly and quarterly close and on an ongoing basis.
    • Respond to queries from senior management and participate in the investigation and resolution of reporting issues
  • Support Managers and Senior Manager in efforts to enhance FTE and expense reporting and analytical processes:
    • Assist with the annual business line rule set up and chart of account (COFA) management processes
    • Identify issues and make recommendations with a focus on process improvement
  • As required perform adhoc, value added analysis in support of assigned Canadian Banking distribution channels and Product team relationships.
  • Act as a prime liaison with assigned CB Direct Units, whilst building strategic relationships to provide financial support
  • Provides coaching and training to colleagues and business partners on staffing and expense reporting processes

 

FUNCTIONAL COMPETENCIES REQUIRES

  • Good proficiency with computer applications including Microsoft Excel, Word, PowerPoint, OBI/Smartview and any other financial tools.
  • A solid understanding of financial and management reporting principles; knowledgeable of the Bank’s products, operations and procedures.
  • Strong oral and written communication skills and the ability to work effectively in a team
  • Strong analytical, problem-solving and organizational skills.
  • A good understanding of elements of effective control over integrity and completeness of financial reporting; attention to details.
  • Highly flexible, detail-oriented, and able to cope with changing priorities and to multi-task under tight deadlines, and deliver with a great amount of accuracy and completeness.
  • Knowledge of financial accounting and generally accepted accounting principles

 

EDUCATIONAL REQUIREMENTS

  • Post-secondary degree in Finance or Accounting with 2 to 3 years of relevant experience. 
  • Completion or enrollment in an accounting program is preferred  i.e. CPA, MBA

 

Location(s):  Canada : Ontario : Toronto 

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. 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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