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Title:  Senior Manager Finance Loyalty Reconciliations




Requisition ID: 188392

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


Hiring Details:

  • Primary Manager: Director, Loyalty & Partnerships Finance
  • Direct Reports: Manager, Loyalty & Partnerships Finance 


Job Purpose:

Reporting to the Director of Loyalty and Partnerships Finance, and partnering with the Loyalty and Partnerships business, the successful candidate will oversee the liability reconciliation and settlement processes and maintain robust financial and accounting controls.


Is this role right for you? In this role, you will:

  • Working closely with the Director of Loyalty and Partnerships Finance, the successful candidate will oversee several settlement and reconciliation processes with internal and external partners pertinent to the loyalty partnerships involved with the program.
  • Individual will lead the Issues Management process, including investigating variance gaps, assessing financial impact and leading resolutions with internal and external stakeholders and vendors.
  • Individual will be accountable to ensure all documentation adheres to Scotia’s governance polices and are in accordance with SOX.
  • Individual will be accountable for reporting KPIs for the loyalty rewards redemptions, including redemption projections and settlement forecasts.
  • Individual will be responsible for managing relationships with internal and external vendors.
  • Strong ongoing collaboration and communication across several partners and stakeholders on a regular basis ensuring all teams are informed and up to date on the reconciliations and settlements.
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.


Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

  • 5+ years in accounting, finance, and/or loyalty programs
  • CPA/CFA and Business Degree or MBA, strong background in accounting, finance, mathematics,
  • Demonstrated experience in Financial Accounting and Financial Planning and Analysis
  • Excellent partnership skills with a proven ability to build strong relationships based on trust
  • Strong modelling, excel and PowerPoint skills
  • Experience in Oracle Hyperion, Smart View Reporting is an asset
  • Excellent written, presentation and communication skills, ability to communicate on a broad spectrum (from operational discussions to high-level, executive vision)
  • Detail orientated with excellent analytical, critical thinking capabilities and problem solving skills
  • Results-oriented, self-starter, with highly effective strategic influencing and negotiating skills
  • Demonstrated ability to work in a fast-paced, high-energy environment with a proven ability to meet multiple deadlines and tasks


What’s in it for you?

  • An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
  • Your career matters! You will have access to career development and progression opportunities.




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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