Accounting Analyst

Scotiabank; Toronto; On-site; CAD 65,000 - 85,000; Full time

Benefits offered by this job

Annual bonus

Flexible vacation

Benefits from day one

Inclusive culture

Job summary

Scotiabank is seeking an Accounting Officer to join Global Payment Operations in Canada. You will support financial reporting, reconciliations, payment processing, and month-end activities while ensuring accurate accounting in a fast-paced banking environment.

Responsibilities include preparing entries in PeopleSoft, processing NB250A and wire payments, performing daily reconciliations, and supporting offshore teams. Collaboration and compliance are essential in this role.

Qualifications

• Post-secondary education in Accounting, Finance, Business Administration, or a related field.
• Minimum 2 years of accounting or finance experience within a banking/financial services environment.
• Strong understanding of accounting principles, reconciliations, journal entries, and financial reporting processes.
• Experience processing payments, invoices, accounts payable, and accounts receivable activities.
• Proficiency with Microsoft Excel and financial systems.
• Experience with PeopleSoft (PS8.9 and/or PS9.2) is an asset.
• Strong attention to detail with analytical and problem-solving skills.
• Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment.
• Strong verbal and written communication skills across teams.
• Commitment to operational excellence, risk management, and compliance.

Responsibilities

• Prepare journal entries in PeopleSoft (PS8.9) and Scotiabank General Ledger as requested by business partners.
• Process NB250A transactions and complete all associated accounting entries.
• Process wire payments and fund accounts through FFT Terminal.
• Perform daily reconciliations of control accounts and investigate outstanding items.
• Process invoices and US/CAD250A transactions while supporting business partners and offshore teams with inquiries.
• Complete monthly charge-outs, cost recoveries, and accounts receivable reconciliations.
• Prepare monthly amortization entries for prepaid accounts.
• Create Zero Dollar Vouchers in PeopleSoft 9.2 for account reclassifications and AR recoveries.
• Clear bank reconciliation items daily and resolve discrepancies.
• Collaborate with partners across the Bank to ensure accurate financial reporting and operational support.
• Understand and apply Bank’s risk appetite and risk culture in day-to-day activities.
• Support operational excellence by maintaining strong controls and compliance with regulatory requirements.
• Contribute to an inclusive, collaborative, high-performance work environment.
• Perform additional duties and special projects as assigned.

Skills

Accounting principles

Reconciliations

Journal entries

Financial reporting

Analytical skills

Communication

Education

Post-secondary accounting/finance/business education

Tools

PeopleSoft PS8.9/PS9.2

Microsoft Excel

Job description

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

Contributes to the overall success of Global Payment Operations in Canada by ensuring operational accounting activities are completed accurately, efficiently, and in accordance with governing regulations, internal policies, and procedures. The Accounting Officer supports financial reporting, reconciliations, payment processing, accounts receivable activities, and month-end accounting processes while contributing to a high-performing and customer-focused environment.

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

• Prepare journal entries in PeopleSoft (PS8.9) and Scotiabank General Ledger systems as requested by business partners.
• Process NB250A transactions and complete all associated accounting entries.
• Process wire payments and fund accounts through FFT Terminal.
• Perform daily reconciliations of control accounts and investigate outstanding items.
• Process invoices and US/CAD250A transactions while supporting business partners and offshore teams with related inquiries.
• Complete monthly charge-outs, cost recoveries, and accounts receivable reconciliations.
• Prepare monthly amortization entries for prepaid accounts.
• Create Zero Dollar Vouchers in PeopleSoft 9.2 for account reclassifications and accounts receivable recoveries.
• Clear bank reconciliation items on a daily basis and resolve discrepancies in a timely manner.
• Collaborate with partners across the Bank to ensure accurate financial reporting and operational support.
• Understand and apply the Bank’s risk appetite and risk culture in day-to-day activities and decisions.
• Support operational excellence by maintaining strong controls and compliance with operational, regulatory, AML/ATF, sanctions, and conduct risk requirements.
• Contribute to an inclusive, collaborative, and high-performance work environment.
• Perform additional duties and special projects as assigned.

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

• Post-secondary education in Accounting, Finance, Business Administration, or a related field.
• Minimum 2 years of accounting or finance experience within a banking, financial services, or related environment.
• Strong understanding of accounting principles, reconciliations, journal entries, and financial reporting processes.
• Experience processing payments, invoices, accounts payable, and accounts receivable activities.
• Proficiency with Microsoft Excel and financial systems.
• Experience working with PeopleSoft (PS8.9 and/or PS9.2) is considered an asset.
• Strong attention to detail with excellent analytical and problem-solving skills.
• Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment.
• Strong verbal and written communication skills with the ability to work effectively across teams.
• Demonstrated commitment to operational excellence, risk management, and compliance.

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 our 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.

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.