Senior Analyst, Project Financials & Reporting

Scotiabank; Toronto; On-site; CAD 85,000 - 115,000; Full time

Benefits offered by this job

Annual bonus

Flexible vacation

Personal and sick days

Comprehensive benefits

Job summary

Scotiabank is seeking a Senior Analyst for Project Financials & Reporting in Toronto. You will oversee amortization and depreciation for software, intangible, and fixed assets, collaborate with IT, Audit, and Finance to ensure accurate reporting, and support governance and controls across the organization.

The role requires 3+ years of experience, strong Excel and Power BI skills, and a continuous improvement mindset to automate reporting and reduce manual work.

Qualifications

• 3+ years of relevant experience in accounting, financial analysis, or project financial reporting.
• Understanding of fixed assets, intangible assets, software capitalization, amortization, depreciation, and impairment concepts.
• Strong reconciliation and data analysis skills; ability to translate data into insights.
• Ability to manage deadlines and coordinate with multiple stakeholders in a fast-paced environment.

Responsibilities

• Manage recurring amortization and depreciation activities for software, intangible assets, and fixed assets.
• Review and reconcile monthly amortization and depreciation calculations; investigate variances.
• Validate asset lives, in-service dates, methods, and classifications.
• Ensure asset changes are accurately reflected in financial records.
• Prepare monthly software flip confirmations and assess readiness for use.
• Monitor projects nearing in-service dates and resolve exceptions.
• Support impairment and write-off assessments with relevant data.

Skills

Financial analysis

Reconciliation

Stakeholder management

Data interpretation

Tools

Excel

Pivot tables

VBA

Power Query

Power BI

OBI

EGL

PeopleSoft

CA PPM

Job description

Select how often (in days) to receive an alert:

Title: Senior Analyst, Project Financials & Reporting

Requisition ID: 277227

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

The Senior Analyst, Project Financials & Reporting supports the accurate and timely accounting, forecasting, reporting, and governance of capitalized software, intangible assets, and fixed assets throughout their useful lives. As part of the IT&S Finance and Enterprise Business Insights team, this role oversees software amortization and depreciation processes and collaborates with Technology, Audit, Finance, and project teams to enable accurate reporting and the successful execution of strategic projects.

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

• Manage recurring amortization and depreciation activities for software, intangible assets, and fixed assets.
• Review and reconcile monthly amortization and depreciation calculations, investigating material variances and unexpected movements.
• Validate useful lives, in-service dates, amortization and depreciation methods, and asset classifications.
• Ensure additions, transfers, retirements, write-offs, and other asset changes are accurately reflected in financial records.
• Prepare monthly software flip confirmation attestations and work with project teams to determine whether software is ready and available for its intended use.
• Monitor projects approaching or exceeding expected in-service dates and collaborate with stakeholders to resolve exceptions.
• Support impairment and write-off assessments by gathering relevant financial and project information and coordinating the accounting treatment of retired, abandoned, or impaired assets.
• Prepare and process monthly journal entries while maintaining reporting integrity through effective financial controls.
• Strengthen financial governance by applying best practices in forecasting, variance analysis, data quality, and reporting controls.
• Support audit activities and communicate financial policies, guidelines, and best practices across the organization.
• Collaborate with cross-functional teams to enhance and automate reporting processes, improving financial tracking, analytics, reporting accuracy, quality, and cycle times.
• Support management with ad hoc reporting and financial analysis.

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

• You have at least three years of relevant experience in accounting, financial analysis, or project financial reporting.
• You have an understanding of fixed assets, intangible assets, software capitalization, amortization, depreciation, and impairment concepts.
• You have strong reconciliation, financial analysis, problem-solving, and business acumen.
• You can consolidate large volumes of data from multiple sources and translate them into meaningful reporting and insights.
• You have advanced proficiency in Microsoft Excel, including pivot tables, VBA, Power Query, advanced formulas, and data modelling.
• You have knowledge of data visualization tools such as Power BI.
• You demonstrate strong attention to detail and can manage recurring monthly and quarterly deadlines involving multiple stakeholders.
• You can work effectively in a fast-paced, challenging, and dynamic environment.
• You bring a continuous improvement mindset and an interest in automating reporting, using AI tools to generate better insights, and reducing manual effort.
• You have excellent written and verbal communication, interpersonal, and stakeholder-management skills.
• You enjoy contributing in a collaborative, hands-on team environment.
• It would be an asset if you have familiarity with banking and financial systems, including OBI, EGL, and PeopleSoft, or project portfolio management tools such as CA PPM.

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.