Scotiabank Looking for Senior Analyst, Statutory Reporting at Toronto, ON Full Time

Requisition ID: 160515

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

The Financial Accounting & Reporting (FAR) group is part of the Chief Accountant’s department within the Finance Division. This position involves preparing financial reports of the Bank’s results for the Bank shareholders and general public. The Analyst is responsible for assisting with the public reporting of the Bank’s results including assisting with the production of the Quarterly and Annual Report to Shareholders, calculation of the Bank’s corporate tax provision and various internal management reports. As a result, the incumbent will obtain a unique overview of the Bank’s operations.

Key Accountabilities:

• Compilation of the Bank’s monthly tax on Other comprehensive income (OCI) package, which includes the calculation of Bank’s tax on OCI, the effective tax rates of the Bank and its subsidiaries; NCI on OCI and processing of required journal entries;
• Assist with preparation of the Bank’s quarterly and annual shareholder reports which will include preparation of Statement of Changes in Shareholder’s Equity, Other Comprehensive Income Statement; and certain MD&A disclosures and financial statement notes;
• Calculation of the Bank’s financial ratios both on reported and adjusted basis, including the basic and diluted earnings per share;
• Monthly analysis of Investment database for cash-flow purposes;
• Preparation and update of quarterly and annual mock up in Cognos Disclosure Management (CDM)
• Preparation of other analysis on regular basis and ad hoc financial reports as requested by Senior Management;

Experience / Education:

• Post secondary education in business, finance or accounting.
• CPA designation (or working towards the same) would be an asset.
• Strong Excel skills, including experience with the development of macros, is desirable.
• Familiarity with Peoplesoft EGL and OBI, including the Smartview add-in.
• Strong analytical skills.
• Must be very well organized; must be accurate yet able to meet tight deadlines.
• Must be willing to work overtime during quarter-end periods.

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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. 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.