Scotiabank
Job title:
Senior Analyst, Financial Reporting – Global Finance
Company
Scotiabank
Job description
Requisition ID: 195852Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Senior Analyst, Financial Reporting, is responsible for daily coordination of the preparation and review of sub-ledger system interfaces to general ledger and various key reconciliations, including intercompany and bank accounts. Ensuring that all month-end deadlines for SCI and other wholly-owned subsidiaries’ general ledger and closing procedures are met. Hands-on involvement in preparation and review of the income statement and Balance Sheet for its parent Bank (BNS) reporting. The incumbent provides financial and management reporting in accordance with requirements of IFRS, government and regulatory authorities – Canadian Investment Regulatory Organization (CIRO). The incumbent also supervises one analyst and is responsible for the performance of the team on various financial information processing and analyses.The Bank’s monthly and quarterly reporting schedule – both for internal and external reporting, is very demanding. Overtime is often required to ensure that all deadlines for period-end deliverables are met.Is this role right for you? In this role you will:Take responsibility for statement of financial position and income statement reporting for Scotia Capital Inc. & other wholly owned subsidiaries of the Bank:Compilation of income statement and balance sheet for Bank reporting and reconciliationsResponsible for ensuring proper allocation of non-interest and interest income for Bank reportingPrepare various journal entries both in EGL and in PeopleSoft including, off-book P&L and balance sheet adjustmentsPrepare monthly Cash Leadsheet and Intercompany Elimination working paper. Prepare intercompany IBA/ICA TAD reporting and liaise with various offsetting transits owners to investigate TAD variance to resolve any reconciliation differencesSupport financial accounting and reporting functions for Cedar Leaf Capital Inc. (formally Project Moonlight) Work in close liaison with GBM Operations (GWO, Middle Office), Product Control teamParticipate in ad-hoc projectsPrepare financial statements for Regulatory and Statutory Financial Reporting PurposesPrepare financial statements for Statement A as part of Monthly Financial Reporting (MFR) and Form 1 to Canadian Investment Regulatory Organization (CIRO) for regulatory reporting purpose and stand-alone consolidated financial statements for statutory reporting purposePrepare monthly summary of Earnings and Expenses (E&E report) for BNS reporting requirementsPrepare audit schedules, note disclosures and requests for management and audit reviewPrepare year end regulatory and working paper files for various regulators and external auditorsLiaise with auditors and Regulatory and Compliance department to complete the review process before being presented to the Board of Directors of SCIComplete monthly reconciliation of general ledger accountsMaintain and produce monthly reconciliations for assigned key control accounts and identify variances as required by Regulatory and Compliance departmentProvide reliable financial information, analysis and other support required for departmental deadlines, senior management and auditsIdentify potential impact of changes/initiatives and provide appropriate feedback or recommendationCommunicate with both internal and external auditors to explain various procedures and respond to queriesDo you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:Equivalent of an university degree and an accounting designation along with several years of working experience in an investment or financial institution industrySolid background in accounting is essential to comprehend, interpret and compile complex projects, together with proven organizational skillsAbility to adapt to a number of conflicting deadlines and quickly grasp and work independently with minimal supervisionStrong interpersonal skills to communicate (written and verbal) across variety levels of management, both internal and externalStrong PC skills and working knowledge of the various operating systems used in the day-to-day operations of a Finance Department (PeopleSoft Financials, Broadridge, OBI, SmartView, Excel, Microsoft Office)High level of mental effort is required with medium amount of non-routine functions#scotiafinancejobsLocation(s): Canada : Ontario : TorontoScotiabank 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
Tue, 26 Mar 2024 23:24:34 GMT
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