Director, Financial Reporting

The Role

The Director, Financial Reporting provides financial management and analytical support to Executive Management. The Global Finance team supports Canadian Banking, Global Wealth Management, Global Banking and Markets, and Executive Office business units. This role will be reporting to the Vice President – Reporting. The Director will be primarily responsible for the financial reporting and analysis of monthly and quarterly results, with a focus on Balance Sheet and full P&L accountabilities for Canadian Banking and Global Wealth Management.

The incumbent will also be the primary point of contact (i.e. Relationship Manager) for Canadian Banking and Global Wealth Management.

• Manage the delivery of monthly and quarterly financial results (P&L and Balance Sheet) on a timely basis while ensuring data accuracy and completeness.
• Overall production of the monthly and quarterly reporting packages.
• Analyze business line results while translating into meaningful and insightful management reports.
• Manage the monthly and quarterly reasonability of both statutory and business line financial results by ensuring the timely identification and resolution of all material issues. Maintain and implement new controls where needed.
• Approve the monthly processing of journal entries by ensuring their accuracy and completeness. All entries must be processed within strict monthly timetables.
• Manage the team to ensure the completeness, relevancy and accuracy of externally published reports, such as the MD&A, Investor Package and Supplementary Package.
• Implement changes that are required to support strategic business changes and management decisions.
• Communicate and resolve accounting and reporting issues with business units and management.
• Liaise closely with business line Finance partners to maintain knowledge of emerging business line issues that impact various business lines and to effectively resolve them.
• Maintain and develop strong controls over operational and analytical processes.
• Participate and lead projects as required. Identify and act upon efficiency opportunities.

• Post‑secondary degree in business/finance/accounting.
• Accounting designation and/or MBA preferred.
• Detail‑oriented, strong analytical skills.
• Ability to multitask, work independently, and produce accurate and complete information under tight deadlines.
• Excellent oral and written communication skills.
• Proficient knowledge of People Soft EGL, OBI, Excel, PowerPoint and Adobe.
• Strong communication skills such as the ability to communicate findings/analysis and present ideas in a clear and concise manner.
• Strong leadership skills, coaching skills and stewardship capabilities in a complex and changing environment.
• Ability to relate financial data to business results and identify issues and trends. Proven quantitative and financial analytical skills.
• Demonstrated ability to apply critical thinking and provide forward‑thinking recommendations.
• Strong understanding of financial and management accounting standards.
• Highly organized with demonstrated experience in solving problems and making decisions in time‑pressed environments. This involves the ability to work quickly and accurately under pressure for sustained periods of time and multi‑task effectively.
• Strong team player with proven ability to work effectively with others to achieve common objectives.
• Ability to work independently and produce accurate and complete information under tight deadlines.

• A rewarding career path with diverse opportunities for professional development.
• A culture that promotes teamwork and cross‑functional collaboration to achieve business goals. Inclusive workplace that values diversity of thought, background, and experience.
• An organization committed to making a difference in our communities – for you and our customers.
• Opportunity to work with a very enthusiastic team that helps our clients by ensuring the Bank is able to continue to operate to deliver key business services.

Location(s):
Canada :
Ontario :
Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our…