Requisition ID: 273560
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose
Leads and oversees the Statutory Reporting for the Global Bank, as well as Canadian subsidiaries ensuring reported financial results are executed/delivered in compliance with governing regulations, internal policies and procedures. The Head, Statutory Reporting is responsible for establishing and leading the Bank's global statutory reporting strategy, legal entity accounting framework, and corporate accounting governance model. The role ensures compliance across all jurisdictions while driving modernization, simplification, and optimization of statutory reporting and corporate accounting activities. As a senior finance leader, this role acts as a key advisor to executive leadership on legal entity governance, regulatory compliance, finance transformation, and legal entity reporting risk.
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.
Statutory Reporting Leadership
- Establish and oversee the global statutory reporting strategy and governance framework.
- Ensure timely and accurate completion of statutory financial statements for All Bank reporting, as well as Canadian subsidiaries.
- Ensure the timely and accurate delivery of consolidated financial statements and external disclosures.
- Provide oversight and challenge on significant accounting treatments and judgments.
- Ensure compliance with IFRS and applicable regulatory requirements.
- Manage compliance with legal, tax, corporate, and financial reporting requirements.
Financial Reporting Oversight
- Provide executive oversight of legal entity accounting activities.
- Ensure consistency in accounting treatment and reporting methodologies.
- Direct resolution of complex legal entity accounting matters.
Enterprise Legal Entity Oversight
- Maintain governance over the All-Bank financial results and reporting obligations.
- Support strategic initiatives involving legal entity restructuring, acquisitions, divestitures, and corporate reorganizations.
- Lead financial implications assessments related to legal entity changes.
Finance Optimization & Transformation
- Sponsor enterprise-wide reporting modernization initiatives.
- Drive operational excellence through automation, robotics, AI, and process redesign.
- Establish target operating models across statutory and corporate accounting functions.
Audit Leadership
- Lead executive engagement with auditors regarding statutory and legal entity reporting matters, providing support as required to various regulatory reporting teams.
- Ensure successful outcomes for external audits and compliance reviews.
- Oversee remediation of material findings and control deficiencies.
- 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 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.
- Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and managing succession and development planning for the team.
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
- Bachelor's degree in Accounting, Finance, Economics, or a related field.
- CPA designation required.
- MBA or Master's degree considered an asset.
- 15+ years of progressive experience in statutory reporting, corporate accounting, legal entity reporting, or controllership.
- Experience managing reporting across multiple legal entities.
- Experience leading finance optimization and transformation programs.
- Strong executive stakeholder management across Finance, Legal, Tax, and Treasury.
- Deep knowledge of statutory reporting, legal entity accounting, and IFRS.
- Strong understanding of regulatory compliance, corporate governance, and financial controls.
- Expertise in finance transformation, operating model design, and process optimization.
What’s in it for you?
- The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
- A rewarding career path with diverse opportunities for professional development.
- Internal development to support your growth and enhance your skills.
- An organization committed to making a difference in our communities - for you and our customers.
- We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
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.
