Job Information
Scotiabank Manager, U.S. Financial Reporting in New York City, New York
Manager, U.S. Financial Reporting
Requisition ID: 201855
Salary Range: 85,700.00 - 159,100.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!
Purpose
The Manager, U.S. Financial Reporting contributes to the overall success of the U.S. Finance Organization, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives, and ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
What You’ll Do
Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Responsible for assisting with the monthly financial close and accurate presentation of the financial statements prepared by U.S. Finance.
Responsible for preparation and review of monthly journal entries, reconciliations, and attestations for the significant entities of the Combined U.S. Operations (CUSO).
Coordinate and assists with the preparation and review of monthly analytics, quarterly Board packages, and other various management reporting packages for the CUSO.
Assist in the modernization and enhancement of legacy reporting processes by leveraging technology to build efficiencies.
Responsible for the assisting in building business line balance sheet and income statement reporting capabilities across the CUSO, including key analytics and commentary.
Key role for implementing technology enhancements and solutions for the CUSO, including ledger system upgrades.
Work with the key support partners in learning and gaining an understanding of the various businesses and functions within the overall organization.
Stay abreast and keep management informed of accounting and regulatory issues, proposals, and best practices.
Work with accounting policy in researching new accounting changes and guidelines to ensure the U.S. Entities are reporting in accordance with U.S. GAAP and IFRS.
Enhance existing reporting process and work papers to enhance controls and build best reporting practices.
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursue effective and efficient operations of his/her 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.
Champion a high performance environment and contributes to an inclusive work environment.
What You’ll Bring
5-10 years of relevant experience in Financial Reporting.
Understanding of banking business, capital markets financial products, and transactional mechanics.
Strong analytical skill and internal control mindset.
Knowledge of annual financial statements control requirements.
Skilled at implementing reporting with a system of controls.
Strong Excel (advanced pivots and formulas), Access, and Power BI skills.
Strong interpersonal, communication and multitasking skills.
Interested?
If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): United States : New York : New York City
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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.