Title: Senior Assistant Manager, Balance Sheet
Requisition ID: 269819
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Contributes to the overall success of Global Finance, Financial Accounting & Reconciliation in Canada by supporting the accuracy and integrity of the Bank’s legal entity ownership structure, financial reporting, balance sheet reconciliations, and internal control environment. The role is responsible for maintaining ownership and NCI records, monitoring and analyzing balance sheet accounts, executing SOX controls, supporting audit and regulatory requirements, and driving continuous improvement and close optimization initiatives. Ensures all activities are conducted in compliance with governing regulations, internal policies, procedures, and the Bank’s risk management framework.
Is this role right for you? In this role you will:
- Maintain the accuracy and integrity of the Bank’s legal entity ownership structure and hierarchy within financial reporting systems.
- Manage and update Non-Controlling Interest (NCI) ownership records and continuity schedules to support financial reporting and analysis.
- Review, analyze, and monitor balance sheet accounts to identify trends, variances, and potential risks.
- Partner with Finance teams across the Bank to investigate and resolve balance sheet fluctuations and reporting issues.
- Execute key SOX controls during month-end and quarter-end close processes to support an effective control environment.
- Prepare reconciliations, reports, and supporting documentation for management, audit, and regulatory reviews.
- Support internal and external audit activities by coordinating requests and providing timely, accurate documentation.
- Provide guidance and coaching to team members and stakeholders on accounting, reporting, and reconciliation matters.
- Lead or contribute to Accelerate the Close (ATC), automation, and continuous improvement initiatives to enhance efficiency and controls.
- Collaborate with cross-functional partners across Finance and the business to support IFRS consolidated financial reporting.
- Manage and develop a small team while fostering a high-performance, inclusive, and collaborative work environment.
- Leverage tools such as PeopleSoft, Oracle Analytics/Business Intelligence, SmartView, and Alteryx to support reporting, analysis, and process optimization.
Do you have the skills that will enable you to succeed in this role?
- University degree in Accounting, Finance, or a related discipline.
- CPA designation completed or in progress is considered a strong asset.
- Minimum 5 years of experience in banking or financial services, with exposure to accounting, financial analysis, balance sheet reconciliations, internal controls, SOX compliance, audit support, and people leadership.
- Strong understanding of financial reporting requirements and accounting processes within a banking environment.
- Experience executing and maintaining effective internal control frameworks and supporting internal and external audits.
- Excellent analytical, problem-solving, communication, organizational, and stakeholder management skills.
- Proven ability to manage competing priorities and deliver results in a fast-paced, deadline-driven environment.
- Detail-oriented, proactive, and self-motivated with the ability to work independently and take ownership of initiatives.
- Advanced proficiency in Microsoft Office applications, particularly Excel, PowerPoint, and Outlook.
- Hands-on experience with PeopleSoft, Oracle Analytics/Business Intelligence, and SmartView.
- Experience with Alteryx, automation tools, or data analytics solutions is considered an asset.
- Demonstrated commitment to continuous improvement and process optimization.
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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