Title: Senior Analyst, Project Financials & Reporting
Requisition ID: 277227
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Senior Analyst, Project Financials & Reporting supports the accurate and timely accounting, forecasting, reporting, and governance of capitalized software, intangible assets, and fixed assets throughout their useful lives. As part of the IT&S Finance and Enterprise Business Insights team, this role oversees software amortization and depreciation processes and collaborates with Technology, Audit, Finance, and project teams to enable accurate reporting and the successful execution of strategic projects.
Is this role right for you? In this role you will:
- Manage recurring amortization and depreciation activities for software, intangible assets, and fixed assets.
- Review and reconcile monthly amortization and depreciation calculations, investigating material variances and unexpected movements.
- Validate useful lives, in-service dates, amortization and depreciation methods, and asset classifications.
- Ensure additions, transfers, retirements, write-offs, and other asset changes are accurately reflected in financial records.
- Prepare monthly software flip confirmation attestations and work with project teams to determine whether software is ready and available for its intended use.
- Monitor projects approaching or exceeding expected in-service dates and collaborate with stakeholders to resolve exceptions.
- Support impairment and write-off assessments by gathering relevant financial and project information and coordinating the accounting treatment of retired, abandoned, or impaired assets.
- Prepare and process monthly journal entries while maintaining reporting integrity through effective financial controls.
- Strengthen financial governance by applying best practices in forecasting, variance analysis, data quality, and reporting controls.
- Support audit activities and communicate financial policies, guidelines, and best practices across the organization.
- Collaborate with cross-functional teams to enhance and automate reporting processes, improving financial tracking, analytics, reporting accuracy, quality, and cycle times.
- Support management with ad hoc reporting and financial analysis.
Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:
- You have at least three years of relevant experience in accounting, financial analysis, or project financial reporting.
- You have an understanding of fixed assets, intangible assets, software capitalization, amortization, depreciation, and impairment concepts.
- You have strong reconciliation, financial analysis, problem-solving, and business acumen.
- You can consolidate large volumes of data from multiple sources and translate them into meaningful reporting and insights.
- You have advanced proficiency in Microsoft Excel, including pivot tables, VBA, Power Query, advanced formulas, and data modelling.
- You have knowledge of data visualization tools such as Power BI.
- You demonstrate strong attention to detail and can manage recurring monthly and quarterly deadlines involving multiple stakeholders.
- You can work effectively in a fast-paced, challenging, and dynamic environment.
- You bring a continuous improvement mindset and an interest in automating reporting, using AI tools to generate better insights, and reducing manual effort.
- You have excellent written and verbal communication, interpersonal, and stakeholder-management skills.
- You enjoy contributing in a collaborative, hands-on team environment.
- It would be an asset if you have familiarity with banking and financial systems, including OBI, EGL, and PeopleSoft, or project portfolio management tools such as CA PPM.
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.
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