Requisition ID: 216379
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Role

Leads and oversees financial and operations management for Canadian Banking Marketing's program budgets ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

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

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Develops and implements financial management processes, including: ensuring effective budget controls are in place and all expenses are processed in alignment with the Bank's accounting processes and policies; documenting expense management processes and work flows, ensuring that they are maintained and that unit level reporting is accurate; identifying, presenting, and initiating ongoing process improvements to create efficiencies; working with other departments to streamline processes; developing expense management forms and templates; communicating new procedures/policies to staff across the department.
• Manages financial operations and administration, including: supervising an Administrative Assistant responsible for correctly coding and processing invoices and accruals in the correct accounting period; monitoring all budget line items ensuring that they are on budget/forecast; contributing to monthly/quarterly variance analysis and forecasting for Canadian Banking Finance; managing process for HST reporting with internal and external stakeholders (Accounting, Reconciliation & Regulatory, Provincial Auditors etc.); preparing accruals/deferred charges as required; and trouble-shooting issues associated with paperless invoicing processes.
• Acts as a subject matter expert for the department's financial management tool – Cognos and is responsible for ensuring the accuracy of the expense data tool, including: ensuring that expense information is properly coded and entered into the system; reconciling monthly General Ledger reports from Smart Stream against Cognos; managing the set-up of new users, providing training for new Marketing team members; providing ongoing support and technical assistance to users; managing updates to reflect the budget structure; and working with external development/support team as required.
• Provides operational support to Global Marketing's senior management team including, but not limited to: operational risks and related risk management activities; Business Continuity Planning; Procurement; Audits; Enterprise Regulatory Compliance Management; Risk and Control Self-Assessment; NIRA; Records and Information Management; and Business Environment & Internal Control Assessments.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
• Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.

Direct Reports: 2x Senior Accounts Payable Admin, Financial and Operations Management

Dimensions

• Program budget of $130M+
• 2 direct reports
• In-depth knowledge of bank systems including Cognos, Smart Stream, OBI, Peak

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

• University degree with Major in Business or Accounting an asset.
• 3-5 years of experience in financial management and/or accounting operations and administration.
• Strong knowledge of accounting principles and requirements.
• Advanced excel skills.
• Knowledgeable user of Scotiabank's accounting systems.
• Experience managing staff.
• Strong planning and co-ordination skills required to simultaneously support multiple projects and complete deliverables on time.
• Experience developing and implementing ongoing process improvements.
• Exercises sound judgement/discretion, makes most decisions regarding day-to-day operation and escalates when necessary.
• Detail-oriented worker who seeks perfection.

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.