Finance Lead - Credit Card Launch (12-Month Contract)

Scotiabank; Toronto; On-site; CAD 120,000 - 150,000; Full time

Job summary

Scotiabank in Toronto invites a Senior Manager, Credit Card Finance Projects to lead the Finance workstream for the Velocity Credit Card launch and ensure readiness across accounting, regulatory reporting and data governance.

The role focuses on designing end-to-end accounting models, chart of accounts, and reconciliations, collaborating with Product, Technology, Data, Risk and Compliance to deliver a compliant, well-controlled BAU handover.

Qualifications

• Minimum 5+ years of related experience in finance/accounting.
• CPA/CA designation or equivalent experience required.
• Strong knowledge of IFRS accounting standards and regulatory reporting.

Responsibilities

• Lead the Finance workstream for the Velocity Credit Card launch and ensure Finance requirements and dependencies are identified, documented, implemented, tested and operationally ready for launch.
• Lead the design and documentation of the end-to-end accounting model for the new credit card product, from transaction origination through accounting processing and general ledger posting to financial and regulatory reporting.
• Develop Finance business requirements with strong accounting, financial reporting, regulatory, governance and control focus.
• Define accounting requirements, business rules, journal entry logic, posting events, accounting dimensions, reference data and audit-trail requirements.
• Design the chart of accounts and related GL mappings required to support financial accounting, management reporting, reconciliations, and regulatory reporting.
• Define transaction-level and balance-level Finance data requirements, including required attributes, source systems, frequency, timing, history, granularity, lineage and retention requirements.
• Ensure Finance data requirements support accounting, period-end close, reconciliation, management reporting, auditability and applicable regulatory reporting.
• Define requirements for financial, management, and regulatory reporting.
• Establish appropriate reconciliation keys and end-to-end traceability from the source of transaction or economic event through accounting rules, journal entries, GL postings and reported balances.
• Define, design and validate Finance reconciliations across the credit card platform or processor, card network, settlement activity, bank accounts, accounting records and GL balances.
• Partner with Product, Technology, Data, Operations, Risk, Compliance, Finance and external service providers to ensure end-to-end Finance readiness.
• Identify Finance risks, dependencies, gaps and issues and support timely decision-making, escalation and remediation.

Skills

Financial accounting

IFRS knowledge

CPA/CA designation

Excel skills

Analytical thinking

Communication

Time management

Education

University degree in Finance/Accounting/Business

Job description

Scotiabank in Toronto invites a Senior Manager, Credit Card Finance Projects to lead the Finance workstream for the Velocity Credit Card launch and ensure readiness across accounting, regulatory reporting and data governance.

The role focuses on designing end-to-end accounting models, chart of accounts, and reconciliations, collaborating with Product, Technology, Data, Risk and Compliance to deliver a compliant, well-controlled BAU handover.