Requisition ID: 210310
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Contributes to the overall success of the Global Transfer Pricing team by helping to ensure specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, Transfer Pricing Framework, and Global Transfer Pricing Policy.

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

• Assist with the management and execution of Global Transfer Pricing charge outs by studying, analyzing, and applying the benefits test and value associated with the delivery of outbound charges to the Bank's foreign legal entities (branches & subsidiaries) for all head office support departments in Canada. This includes:
  • Timely and accurate reporting for quarterly global charge outs to International Banking (IB), Global Banking & Markets (GBM), year-end reporting to Global Taxation, and ad hoc reports as required.
  • Providing ongoing support and training to head office support groups that provide services to the Bank's business lines and legal entities.
  • Responding to inquiries and liaise with the head office (support) groups in helping to resolve disputes received from legal entities for quarterly head office charge-outs.
  • Maintain, update project database information by ensuring data is consistent and within regulatory standards.
• Timely and accurate calculation of cost rates for quarterly transfer pricing charge outs by performing reasonability analysis on quarterly financial data sourced from EGL, including the preparation and posting of journal entries and business line adjustments.
• Assist with the development / implementation of regular internal reporting to help manage the number of change requests currently in the GIST pipeline. The objective is to provide insights as to bottlenecks and root cause in order for meaningful management action to be taken.
• Assist with ad hoc requests from key stakeholders and support the Transfer Pricing team by participating in special projects, as required.

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 degree in Finance or Accounting with a minimum of 2-3 years relevant experience.
• Enrolled or actively pursuing Accounting designation
• Fluency in Spanish is preferred.
• Strong analytical and independent problem resolution skills
• Excellent written and oral communication skills
• Proficient knowledge of financial and accounting systems: PeopleSoft - (EGL) & OBI, Smartview, SmartStream, and GIST Application.
• Proficient MS Office user: Excel, Outlook, PowerPoint, Power BI & Alteryx

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.