Manager, Statutory Reporting - Finance

Scotiabank; Old Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

Join a purpose-driven team at a leading bank in the Americas, where your expertise in statutory reporting will help shape the financial landscape. As a Manager of Statutory Reporting, you will play a crucial role in maintaining the Bank's chart of accounts and coordinating the production of financial statements. This exciting position offers the opportunity to work closely with internal stakeholders and external auditors, ensuring accuracy and compliance with International Financial Reporting Standards. With a commitment to an inclusive environment, this role not only values your contributions but also supports your career growth through development opportunities and a competitive rewards package.

Benefits

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Career development opportunities

Qualifications

• Strong knowledge of IFRS and regulatory guidelines.
• Post secondary education in business, finance, or accounting is required.

Responsibilities

• Coordinate the Bank's global chart of accounts and prepare financial disclosures.
• Oversee the preparation of quarterly earnings press releases and audit coordination.

Skills

Post secondary education in business, finance or accounting

CPA designation

Knowledge of Peoplesoft EGL and OBI

International Financial Reporting Standards (IFRS)

Strong communication skills

Strong Excel skills

Strong analytical skills

Organizational skills

Education

Bachelor's degree in business, finance or accounting

CPA designation (or working towards)

Tools

Peoplesoft EGL

OBI

Excel

Job description

Title: Manager, Statutory Reporting - Finance

Requisition ID: 213291

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

The Statutory Reporting group within Financial Accounting & Reporting is responsible for the production of the Bank's consolidated quarterly and annual financial statements, earnings press release, as well as certain accounting policy and disclosure issues. The Manager Statutory Reporting plays a vital role in the team being the control point for the Bank’s chart of accounts maintenance. The Manager is also responsible for coordinating the production of the earnings press release. In addition, the Manager is responsible for coordinating certain matters related to the Bank's external auditors, such as tracking of audit fees and reporting of audit services to the Bank’s audit committee.

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

• Establish and maintain the Bank's global chart of accounts and the related database structure to satisfy the present and foreseeable statutory, financial and management reporting information needs, including mapping the financial information of new acquisitions to the Bank's chart of accounts.
• Prepare disclosures for assigned notes in the MD&A and financial statements.
• Assist with the preparation of the Bank’s quarterly and annual report by coordinating the roll-forward of the reports, communicating requirements and deadlines to relevant note-owners and overseeing the proofing and consistency check process.
• Coordinate certain matters related to the Bank’s external audit, including:
• Update and maintenance of policy related to pre-approved audit services.
• Prepare quarterly summary of external audit and related services for reporting to the audit & conduct review committee.
• Prepare the annual audit fee budget for reporting to the audit & conduct review committee and provide support on audit fee matters to units across the Bank.
• Oversee and coordinate the preparation of the Bank’s quarterly earnings press release.
• Undertake ad-hoc projects and research activities within the department as required.
• Provide supervision and mentoring to one senior analyst that reports into the position.

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 business, finance or accounting.
• CPA designation (or working towards the same) is strongly preferred.
• Knowledge of Peoplesoft EGL and OBI is an asset.
• Strong knowledge of International Financial Reporting Standards (IFRS) and some knowledge of regulatory guidelines applicable to the Bank.
• Strong communication skills, as the position deals with multiple internal stakeholders, as well as external Audit.
• Strong Excel skills, experience with the development of macros is an asset.
• Strong analytical skills.
• Must be very well organized; must be accurate yet able to meet tight deadlines.
• Must be willing to work overtime during quarter-end periods.

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.

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 during the recruitment and selection process, please let our Recruitment team know. 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.