Senior Analyst – 24 Month Contract

Job title:

Senior Analyst – 24 Month Contract

Company

Scotiabank

Job description

Requisition ID: 194618

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

The Senior Accounting Analyst is responsible for all assigned tasks for Profit Close out process for Canadian and Foreign branches in FAR Specialized Accounting group. The primary responsibilities include but is not limited to support the Profit Settlements across the globe and maintaining accurate accounting records of the settlements, executing the settlements of Foreign Branch profit. This role will also be responsible to performing P&L and Balance Sheet analysis, retained earnings reconciliation for the Bank’s branches.

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

• Leads and oversees Canadian branches settlements. Reconciles and records closing entry of annual profit settlement for Canadian branches, and quarterly settlement for foreign remit and non-remit branches.
• Prepare detailed Year End P/L analysis for all Canadian branches including the breakdown by currency of accounts (COAs) and assist in the settlement process in both source and EGL ledgers.
• Prepare and key PS-GL, AP-GL and EGL entries on monthly recurring entries.
• Prepare monthly Bank’s Canadian and Foreign Branch Retained Earning reconciliation.
• Perform analysis on FARs P&L and balances sheet accounts.
• Perform Profit Close Out GL P998 validation for all Bank’s branches.
• Accurate and effective identification and resolution of account discrepancies; consistent and comprehensive recording of actions taken; effective liaison with balance owners and the escalation of complex variances are required to comply with SOX controls.
• Expected to take a lead role in answering queries and providing supporting documentation to audit, providing reporting and analytical support (EGL, OBI, Essbase Smartview), and assisting with the compilation of the Bank’s Non-Consolidated Financial statements for Taxation, Capital Management and Regulatory Reporting
• Work on Finance-FAR projects as assigned; and on an ongoing basis, provide feedback on development and improvement of existing procedures to increase efficiency and to meet business goals and objectives. The incumbent is expected to take intiative in process automation
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and, managing succession and development planning for the team.

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

• Undergraduate degree in Business, Economics, and/or an Accounting major
• Professional accounting designation is an asset
• Accuracy & Thoroughness
• Analytical Thinking
• Commitment
• Customer focus
• Efficiency
• Strong computer skills (Excel, EGL/OBI/Essbase Smartview)

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.

#scotiafinancejobs

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 . 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.

Expected salary

Location

Toronto, ON

Job date

Sat, 16 Mar 2024 05:03:14 GMT

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