Senior accounting analyst

Scotiabank – Senior Analyst NAV Solutions & Oversight

Location:

Ottawa, Ontario, Canada

Job Type: 2‑year term position

Posted on:
December 08, 2025

Requisition

Salary: $24.36 to $66.67 per hour

Open until: 2026‑01‑06

• Conduct daily analytical oversight of Net Asset Value (NAV) for mutual funds, private funds, and ETFs, assessing the impact of all transactions and identifying potential discrepancies or anomalies.
• Execute comprehensive reconciliation analysis across various data sets, including capital stock, IBOR positions, Fundserv FOF positions, FX forwards, derivatives, and Prime Broker cash and position reports.
• Perform rigorous daily NAV price validation and analytical review of periodic distributions to the Transfer Agency system, ensuring data integrity and consistency, and identifying trends or patterns in pricing deviations.
• Develop and implement cash forecasting models to predict liquidity requirements, ensuring optimal fund operations and minimizing idle cash.
• Conduct in‑depth analytical reviews of weekly cash exceptions, perform root‑cause analysis, and collaborate with stakeholders for resolutions and process improvements.
• Conduct in‑depth analysis of fund expenses and fees, verifying accuracy against fund agreements.
• Provide analytical support to fund administration providers, system providers, and media, ensuring accuracy and timeliness in all communications.
• Generate comprehensive and insightful reports and analytics for the NAV Solutions and Oversight Team, portfolio managers, and other business partners to inform decision‑making and strategic planning.
• Collaborate effectively to ensure smooth fund operations, compliance with regulatory requirements, and continuous improvement opportunities.
• Document new processes and procedures, create training materials, and conduct walkthroughs to ensure a consistent approach across the team.

• University degree in business, accounting, finance, or equivalent.
• CPA, CFA, or PMP designation or active candidacy is an asset.
• Minimum 3 years of mutual fund experience and 1 year of project management experience.
• Experience with regulatory reporting requirements in the Canadian Mutual Fund Industry (e.g., OSC and IFIC).
• Excellent communication skills, written and verbal.
• Proficiency in Microsoft Outlook, Excel, Access, and PowerPoint.
• Ability to write Excel macros via VBA is an advantage.
• Exceptional analytical, quantitative, and problem‑solving skills.
• Superior proficiency in fund accounting systems such as MCH and knowledge of Bloomberg terminal.
• Strong time‑management skills and ability to work well under pressure.