Requisition ID: 233216

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

Reporting to the Director, MD Financial Integration, the Senior Manager, Financial Reporting and Analysis is responsible for providing support for all finance-related issues to senior management, Finance groups within BNS and MD Financial, and various external users.

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

• Direct and manage the monthly, quarterly and annual Management reporting and forecasting to Senior Management groups for MD Financial ensuring the completeness, accuracy, timeliness and integrity of the financial results. This responsibility includes:
  • Promoting financial and management reports to drive specific and ongoing revenue enhancement and cost control initiatives by Senior Management.
  • Utilizing existing MD Financial MIS databases and systems to develop strategies and further leverage these systems to support analysis to improve profitability.
  • Primary responsibility for presentation of Financial results to Business Line Senior Management team, for commenting and interpreting results to ensure proper understanding of trends and variances.
  • Providing resolution to Senior Executive’s request for information on management reports, revenue analysis and cost control initiatives and any other finance-related inquiries as formulated by Senior Management and Sales Management Groups.
  • Driving the design, development and maintenance of required management reports on OBI/Hyperion and source GL (PeopleSoft, etc.); this includes tree maintenance and control over access to management reports.
• Maintain effective controls over the SMFS Wealth Management accounting processes to ensure the reliability of the financial records and investigate any significant and/or unusual variance or questionable trends: primary responsibility for contacts with Global Banking Markets Finance team.
• Manage special project work and ad-hoc Business analysis to support business strategies, including Business Line Management initiatives, Profitability Models, Business Development initiatives and operational efficiencies
• Manage and mentor their team in an effort to identify opportunities for increased efficiency through automation and systems improvements; increase departmental knowledge and succession planning through training and cross-training.
• Drive the Annual Planning Process, including:
  • Coordinating the 5 Year Projections, High level, Business and Strategic Plan processes;
  • Reviewing the Business growth assumptions and interest plan models;
  • Assisting Sr Financial Analyst in providing adequate support to department managers in completing their budget;
  • Monitoring the upload of budgets to the Budget system
  • Preparing executive summaries for Director, GWM Finance and other executives’ review and approval.
• Assist with various finance related aspects of the MD Financial integration such as accounting system conversions, amalgamation activities, monitoring performance against the STIC deck, Integration Budget tracking, and synergies tracking.

Do you have the skills that will enable you to succeed? We’d love to work with you if you have experience with:

• Accounting designation (CMA, CGA or CA) or MBA and/or 5 years related work experience is required.
• Proficiency in database management related computer software such as Access, and Excel.
• Excellent financial analysis skills with a solid grasp of Bank profitability and performance measurement tools/criteria is essential
• A demonstrated ability to conceptualize problems and clearly apply analytical techniques for evaluating investments in order to make sound financial recommendations to Senior Executive.
• Strong organizational, managerial, interpersonal and communication abilities to direct varied activities within tight deadlines, alleviate conflicts as they arise and liaise with senior management in the field, SMFS, Global Banking Markets, Head Office and Executive Offices.
• Equitable human resource management and good people skills are required to foster a positive work environment that values teamwork and provides a productive, enjoyable and satisfying experience for all staff.
• Superior influencing skills with excellent interpersonal, communication (written and verbal) and negotiation skills in order to build consensus and obtain co-operation
• Exemplary customer service, including professional advice and creative solutions, is required.
• Some overtime (evenings and/or week-ends) may be required due to tight deadlines. 

What's in it for you?

• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
• You'll be part of a diverse, collaborative, innovative, and high-performing team
• We offer a competitive rewards package:
• Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
• Health Benefits from day one!
• You will relish work-life balance, team events, and opportunities to participate in the community.
• 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.