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Title:  Senior Reporting Analyst (1 year contract)


Requisition ID: 10693

The Digital Factory is an innovation hub with a clear and well-supported mandate to transform the way banking technology is delivered, by re-imaging the customer experience, to deliver new digital value propositions. We have the support and experience of one of the world’s largest banks behind us and a talented, and growing, team of industry leaders driving us forward.
Do you want to help us reinvent how people bank? At the Scotiabank Digital Factory, we are passionate about transforming the customer experience.

We’re looking to fill our team with influencers, makers, creators and leaders who are flexible, curious, adventurous, versatile and responsive; and who are ready to roll up their sleeves in a collaborative and productive environment to get things done.

By joining our team, you will make an impact on our customers, the banking industry, and ultimately, the world.

Purpose of Job:

This role is responsible for overseeing reporting, processes, controls and financial analysis ensuring that activities are completed accurately and in a timely manner.

These activities may include detailed review & documentation of process work flows, interaction with Management across various business lines, development and implementation of new processes and policies to improve efficiencies and enhance controls.


Major Accountabilities:

  • Reporting and Analysis
    • Prepare monthly headcount report and scrum team file update
    • Preparation of monthly financial reports to ensure accuracy in financial performance reporting
    • Participate in month end quarter and quarter end close by preparing journal entries
    • Support the monthly capitalization of intangible assets
    • Support quarterly forecasting activities and preparation of Annual Plans for the Digital Factory
    • Reviewing the actual costs booked in the GL using Smart-stream application;
    • Preparing monthly expense reports and reconciliations for DF Leaders
    • Investigate monthly expense variances
    • Preparing various financial and accounting reports as needed.
    • Provide support to the Account Payable Analyst
    • Ad-hoc reports and any other duties as maybe assigned
  • Research, Analysis & Implementation
    • Contribute to the development and implementation of new accounting and financial processes for the Operations department by:
    • Identifying and initiating ongoing modifications to processes that can be streamlined;
    • Study and recommend opportunities for cost controls and savings within the Digital Factory
    • Recommend and implement changes that would contribute towards streamlining current accounting processes and creating greater consistency and efficiencies;
    • Working with other departments (e.g. Central Accounting Unit (CAU), IT&S Finance, Executive Office Finance, Canadian Banking Finance, etc.) to develop and enhance procedures;
    • Assisting with implementation; communicating/ explaining new procedures/policies;
    • Ensure documentation on accounts payable procedures and schedules is up to date.
    • Takes the opportunity to champion specific projects


Education/Work Experience/Designations:

  • 3-5 years of post-university work experience, including 2+ years Financial Services
  • Accounting designation (CPA/CMA/CGA)
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
  • Knowledge of and familiarity with Bank’s accounting systems is an asset
  • Experience in developing/compiling management reports
  • Excellent interpersonal skills; a team player who is able to act as both a leader and an individual contributor as required
  • Confident and effective communication (written & verbal) and interpersonal skills
  • Is adaptable and comfortable with ambiguity and change 
  • The incumbent must be a creative, self-starting, results-oriented, great attention to detail, and highly motivated individual with good analytical skills in order to apply this knowledge to assist in the development of the streamlined accounting processes.

Location(s):  Canada : Ontario : Toronto 

As Canada’s international bank, we are a leader when it comes to inclusion. Scotiabankers hail from over 120 countries, speak more than 100 languages and serve over 23 million customers globally. As a highly diverse company, we know that an inclusive environment for employees and customers helps everyone achieve their best. 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. Candidates selected for an interview will be contacted directly.  If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide a positive recruitment experience.

Job Segment: Accounts Payable, Bank, Banking, CPA, Finance, Research

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