Manager - Accounting & Reconciliation (Trade Finance Operations)

Scotiabank; Toronto; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

A leading bank in the Americas seeks a Manager for Accounting & Reconciliation in Toronto. This role involves leading the Accounting Team, enhancing processes, and ensuring compliance with regulations. Candidates should possess a strong background in finance or related fields and be skilled in banking compliance.

Benefits

Flexible benefit programs

Qualifications

• University degree in Finance or similar field.
• Strong AML and Compliance understanding.
• Advanced skills in MS Office, especially Excel.

Responsibilities

• Lead Accounting Team ensuring compliance with regulations.
• Drive process improvements and document accounting processes.
• Implement controls to mitigate risks in financial processes.

Skills

Strong working knowledge of Bank’s AML and Compliance policies

Advanced computer skills

Education

University Undergraduate Degree in Finance or business-related studies

Tools

MS Office Suite

Job description

Manager - Accounting & Reconciliation (Trade Finance Operations)

Join to apply for the Manager - Accounting & Reconciliation (Trade Finance Operations) role at Scotiabank

Manager - Accounting & Reconciliation (Trade Finance Operations)

Join to apply for the Manager - Accounting & Reconciliation (Trade Finance Operations) role at Scotiabank

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Requisition ID: 226764

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

Purpose

Leads and oversees Accounting Team in Canada ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

Responsible for the delivery of process innovation and continuous improvement initiatives across multi-jurisdictions and play an important role in helping foster a culture of sustainable change

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

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Review and understand the current Trade Finance Operational and Accounting processes and identify gaps in accounting processes and controls.
• Implement accounting process improvement & accounting controls to mitigate risk
• Review and improve daily and monthly reporting. Develop reporting as required
• Responsible for escalation of long outstanding items.
• Identify unreconciled position in GLs.
• Document accurately trade finance & supply chain finance accounting processes in the Standard Operating Practice, as and when updated.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment, communicating vison/values/business strategy and managing succession and development planning for the team
• 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.
  
  

Skills

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

• University Undergraduate Degree in Finance or business-related studies or equivalent.
• Strong working knowledge of Bank’s AML and Compliance policies
• Advance computer skills, particularly MS Office Suite - Excel, Access, Word, Power Point, etc.
  
  

Work Arrangement: This position is currently a Hybrid role. Please note that this is subject to change based on the needs of the business.

Interested?

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That is why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Banking

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