Senior Financial Analyst

Scotiabank

Toronto

On-site

CAD 70,000 - 110,000

Full time

3 days ago
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Benefits offered by this job

Annual bonus
Flexible vacation days
Comprehensive benefits
Diversity & Inclusion programs
Accessibility accommodations

Job summary

Scotiabank is seeking an FP&A professional to lead monthly reporting, forecasting, annual planning, controls, business support and financial analysis for technology partners. The role collaborates with CIO and other senior leaders to ensure timely, accurate insights and recommendations.

You will conduct detailed process reviews, partner with multiple business lines, and help implement new accounting processes to improve efficiency and controls.

Qualifications

  • 3–5 years of post-university work experience in FP&A or related field.
  • Accounting designation (CPA/CMA/CGA) is an asset.
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook, Copilot).
  • Knowledge of and familiarity with bank accounting systems is an asset.
  • Excellent interpersonal skills, a team player who can lead and contribute as needed.

Responsibilities

  • Lead month-end close activities end to end.
  • Review actual results using Access/MARS & PeopleSoft to ensure accuracy.
  • Investigate and report monthly financial variances with commentary.
  • Prepare tailored monthly financial reports for Senior Management (e.g., CIO & VPs).
  • Assist quarterly close reporting and provide commentaries to partners.
  • Assist monthly accrual, reclass, charge-backs & other entries.
  • Prepare various financial and accounting reports as needed.
  • Assist monthly forecasting and annual plans for CIO area with business partners.
  • Prepare monthly headcount reports and analyze hires, attrition and contractor data.

Skills

FP&A experience
CPA/CMA/CGA asset
MS Office proficiency
Interpersonal skills
Analytical skills
Team player / leadership
Adaptability

Education

Post-university degree
Accounting designation (CPA/CMA/CGA) asset

Tools

Microsoft Excel
PowerPoint
Outlook
Access database (MARS)
PeopleSoft

Job description

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Please be advised that our Careers site will be unavailable from November 28 at 12am ET to November 29 12am ET for scheduled system maintenance.

Requisition ID: 271462
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

This role is responsible for leading monthly reporting, forecasting, annual planning, controls, business support and financial analysis for technology partners, ensuring that activities are completed accurately, on time, provides insight & support decision making.

These activities may include detailed review & documentation of process workflows, interaction with Management within the organization and across various business lines, development and implementation of new processes and policies to improve efficiencies and enhance controls.

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

  • Support month end close activities end to end
  • Support Monthly review of actual results using Access Database file (MARS) & PeopleSoft to ensure accuracy
  • Investigate and timely reporting of monthly financial variances with commentary
  • Assist tailored monthly financial reports for Senior Management (e.g. CIO & VPs)
  • Assist quarterly close reporting and provide commentaries to various partners
  • Assist the monthly Accrual, Reclass, Charge Backs & other entries
  • Prepare various financial and accounting reports as needed.
  • Assist monthly forecasting activities and preparation of Annual Plans for CIO area by working closely with business partners and understanding business needs
  • Prepare monthly headcount report and providing insightful analysis on new hires, backfills, attrition, contractor conversion, vacancies etc.)
  • Manage actuals and forecast for technology expenses (e.g. software and market data services)
  • Research, Analysis & Implementation: Contribute to the development and implementation of new accounting and financial processes.
  • Study and recommend opportunities for cost controls and savings within Technology Organization.
  • Recommend and implement changes that would contribute towards streamlining current accounting processes and creating greater consistency and efficiencies.
  • Ad-hoc reports and any other duties as may be 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:

  • 3-5 years of post-university work experience in FP&A or related field
  • Accounting designation (CPA/CMA/CGA) is an asset
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook, Copilot)
  • Knowledge of and familiarity with various Bank’s accounting systems is an asset
  • Excellent interpersonal skills, a team player who can act as both a leader and an individual contributor as required
  • Confident and effective communication (written & verbal) and interpersonal skills
  • Is adaptable and comfortable with ambiguity and change
  • The incumbent must be a creative, self-starting, results-oriented, great attention to detail, and highly motivated individual with good analytical skills in order to apply this knowledge to assist in the development of the streamlined accounting processes.

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 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.
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.

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