Sr. Analyst, Finance Support

Scotiabank; Toronto; On-site; CAD 70,000 - 100,000; Full time

Job summary

Scotiabank seeks a Sr. Analyst in Finance Support who will provide vital financial operations and reporting assistance to enhance business performance. Candidates should have a strong accounting background, with experience in financial planning and the ability to manage multiple reporting tasks in a dynamic environment. This role emphasizes analytical insights, effective stakeholder collaboration, and adherence to company guidelines.

Benefits

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Career development opportunities

Qualifications

• Minimum of 2-3 years experience in finance with knowledge in accounting.
• Strong proficiency in Excel, PowerPoint, Word, and financial systems.
• Attention to detail and superior analytical skills.

Responsibilities

• Provide finance and operational support to Commercial Banking and Canadian Banking Finance.
• Financial planning, forecasting, and reporting for the full P&L.
• Support annual profit plans and monitor P&L for budget compliance.

Skills

Analytical skills

Communication skills

Excel

Financial management

Presentation skills

Process management

Education

Bachelor's degree in Finance or Accounting

Tools

OBI

Hyperion

Smartstream

Anaplan

Job description

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Requisition ID: 228433

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

Role

The Sr. Analyst, Finance Support plays a key role in providing finance and operational support to Commercial Banking and Canadian Banking Finance, contributing to the business line’s strategic direction and results as well as to the integrity of the business line financials, systems and reporting. The position supports in the following areas:

• Financial planning, forecasting and reporting for the full P&L
• Month-end, Quarter-end and Year-end reporting and analysis of business line results
• Development of financial models and reporting packages for planning, tracking and reporting on business line performance and various initiatives
• Expense management, processing and ongoing monitoring and reporting on all expenses
• Competitive analysis, ad hoc projects and administrative requirements
  
  

In fulfilling the role, the incumbent must work with the various leaders within Commercial Banking, Canadian Banking Finance and other internal partners. In addition, the incumbent will also participate in various projects

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

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Support annual Profit Plans and forecasts and monitor P&L to ensure budget compliance
• Provide accurate forecasts by carefully observing trends in Balance Sheet and P&L, and liaise with the filed and partners
• Identify drivers, solve concerns and summarize and provide commentary and recommendations to business line and finance leadership teams
• Work closely with stakeholders in business line, finance and partners to ensure effective and timely execution
• Financial analysis, review and tracking of business line results:
• Assist in KPIs and all monthly and quarterly reporting and dashboards
• Produce reports which compare actual vs. plan volumes, revenue, margins, expenses
• Provide analysis and tracking of support and allocated business line expenses
• Conduct reasonability reviews and work with partners in providing accurate data and proper explanations
• Track Non-Interest Expenses across all business lines at the transit level
• Research, explore and identify alternatives to maximize benefits and increase revenues while minimizing costs
• Design and create management reports to provide a clear and precise picture and recommendations on budget usage and variance on a regular basis for effective expense control and decision making
• Ensure expenses are in accordance with the Bank’s policies and guidelines
• Manage, monitor and report on complement and overruns to ensure plan targets are met
• Cultivate and manage relationships within the business line, partners and support functions to provide top-notch support to all activities and initiatives
• Evaluate and recommend alternates to meet initiative objectives and deadlines while improving efficiencies and enhancing collaboration
• Actively pursues effective and efficient operations of their 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.
• Champions a high performance environment and contributes to an inclusive work environment.
  
  

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:

• A minimum of 2-3 years experience in a related position with strong knowledge in accounting and financial management
• Very strong in Excel, PowerPoint and Word and the Bank’s accounting/finance systems such as OBI, Hyperion, Smartstream, Anaplan
• Attention to detail with superior analytical and presentation skills
• Proactive with strong verbal and written communication skills
• Strong process management, planning and organization skills to facilitate teamwork and coordinate execution of multiple deliverables
• A good understanding of the Bank’s established processes, policies and guidelines around financial accounting and financial management
• Flexibility is required to adapt to a wide variety of tasks & functions with changing demands
• A high level of curiosity, energy, commitment and strong sense of teamwork are needed to be successful in the role.
  
  

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.
  
  

#scotiafinancejobs

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

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking

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