Manager Inter Company

Requisition ID: 175885

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

Job Purpose:

The Financial Reconciliation team is responsible for developing, managing and executing the centralized financial reconciliation process within the Bank. Intercompany Reconciliation is a key control to ensure the accuracy of Financial and Regulatory Reporting at both Consolidated Bank’s and local units’ level. The incumbent is responsible for supporting the building and management of Intercompany Accounts and General ledger Reconciliation process.

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

• Support the establishment of global governance including framework, policy, and procedures for intercompany accounts. Maintain a repository of all intercompany accounts, including GL ownership, on an ongoing basis and build a process to monitor existing and new intercompany contracts.
• Prepare monthly reporting for senior management, including an escalation process for any variances.
• Report variances on a monthly basis and will work closely with Global Finance internal control team for reconciliations and attestations mandates.
• Support the enhancement of accounting oversight for the accounting processes currently residing in the Global Payment Operations team, especially in regard to costs charged out to other legal entities.
• Provide training to operational units (in connection with the Global Finance internal control team) on intercompany procedures.

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

• Working towards CPA or CFA designation is preferred.
• High levels of analytical, conceptual, problem solving and organizational skills.
• Ability to balance competing deliverables, manage priorities and time and to reallocate as required.
• Must be able to work independently and supervise junior staff.
• Good team building skills, working with diverse groups to resolve issues and identify efficiencies.
• Solid communication skills (written & oral) and interpersonal skills with a strong ability to establish relationships with internal customers, as well as senior management.
• Ability to work in a project environment as required, with key deliverables and ensuring requirements of department are represented.
• Knowledge and experience on business analysis and data governance would be an asset.
• Strong excel and programming skills; macro and coding are desirable.
• Ability to understand controls in and around systems, ensuring changes implemented maintain or strengthen control environment.
• Fluent in Spanish would be a benefit, but is not mandatory.

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. 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.