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Form of workRequisition ID: 194949
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Chief Accountants team operates in a high-risk area with many strategic projects and initiatives that have been attracting more attention given various financial reporting and regulatory deliverables. The incumbent will bring traction to key projects and initiatives within the Chief Accountant's group. Projects will include reporting automation, as well as supporting the bank's quarterly and annual reporting processes. The position reports to the Senior Manager, Statutory Reporting.
Financial Accounting & Reporting is a unit within the Chief Accountant's department of Global Finance.
Is this role right for you? In this role you will:
Support the Bank's quarterly and annual reporting processes which will include preparation of select financial statement notes and MD&A disclosures, coordinate input submission for the quarterly and annual reports by working with stakeholder's across the Bank.
Responsible for key projects and initiatives, while working closely with the Technology team to automate sources of inputs used for the Bank's quarterly and annual reporting process. Provide recommendations and status update of projects and initiatives.
Be responsible for implementing a consistency check process across documents and managing the coordination of the annual external audit.
- Monitor accounting and regulatory developments from the IASB, OSFI, SEC and other regulators and assess any impacts to the Bank's disclosures. Assist with disclosure benchmarking to peers across the industry.
- Assist with additional disclosure automation projects and other ad-hoc projects.
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 Excel skills, experience with the development of macros is an asset.
- Strong analytical skills.
- Ability to multi-task, work independently, organize well, and to produce accurate information to meet tight deadlines.
- Flexibility to work overtime during quarter-end periods.
Some more information you might want to know:
- This position is non-physical and requires extended periods of time at the computer.
- For project and research assignments and preparation of financial statements, cross referencing of several files and reports, editing and proofing published reports require blocks of concentrated time for simultaneous visual review and content assessment.
- This position requires the ability to handle and prioritize multiple projects. Workloads are heavy with conflicting demands and may result in overtime as required.
- The sensitivity of errors and their implications further contributes to the stress factor. Accounting policy developments and routine enquiries are often driven by other departments which contribute to the lack of control over the workload, deadlines and priorities. A large percentage of routine enquiries are "one-off" situation and background information often does not exist or is not readily available.
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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.
