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Scotiabank

Manager, Financial Analysis - Finance

Toronto, ON, M5H 4A9, Canada

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Job details

Apply by: Nov 14, 2026
Posting language: English
Posted: Oct 30, 2026

Original job description

Requisition ID: 278105

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

Purpose

The Manager, Financial Analysis, Global Finance - Subsidiary Financial Accounting and Reporting, is responsible for the accuracy and completeness of the data from operation/accounting systems and coordinating with various teams to submit financial statements to the Bank on a monthly and quarterly basis for the legal entity Scotia Capital Inc. (SCI) and other wholly-owned subsidiaries and affiliates. Critical accounting tasks include review and verification of expenses allocation, primarily for voice & data communications, technology, premises, and prepaid expenses ensuring the validity and accuracy of the entries posted to various GLs, performing accounting activities related to month-end close and reconciliation of key control accounts. The Bank’s monthly and quarterly reporting schedule – both for internal and external reporting, is very demanding. Overtime is often required to ensure that all deadlines for period-end deliverables are met.

Is this role right for you? In this role you will:

Month-end closing accounting activities and monthly reconciliation of general ledger accounts

Review and prepare monthly journal entries and reports to support month-end departmental deadlines
Review and maintain monthly reconciliations for various assigned key control accounts
Supervise monthly G/L lead sheet attestation while identifying, investigating and resolving variances as required from Regulatory and Compliance department

Responsible for the maintenance of expense allocations

Review and validate invoices received from various departments (Market Data, IT&S Finance, Real Estate, etc.) and supervise the allocation of the charges. Review and verify the expense allocations to the relevant G/L accounts and post the journal entries in General Ledger application systems (PeopleSoft 8.9 or 9.2)
Approve for payment in SmartBuy: invoices received from various departments (Market Data, Voice, Real Estate, etc.)
Review Reconciliations prepared by Sr. Analyst for intercompany accounts; analyze and resolve differences

Oversee payroll settlements with the Parent Bank for SCI (Global Banking and Markets and iTrade)

Review and post the bi-weekly payroll entries based on SAP HR Interface Load from the payroll department; approve payments’ review and clear balances in payroll control accounts

Direct Montreal Exchange Futures billings reports

Review and approve weekly profit and loss reports to Product Control team for Montreal Exchange Futures to support the comparison of actual results with estimates

Oversee the monthly billings of trades to other financial institutions acting as agents for clients
Review and verify the payments for monthly billings, and the reconciliation of the billing accounts prepared by Senior Analyst

Provide financial information, analyses and other support as required by senior management

Support other entities within SFAR for monthly and quarterly reporting processes
Identify value-add opportunities, and the potential impact of changes/initiatives; provide feedback or recommendations
Communicate with both internal and external auditors to explain various procedures and respond to queries
Participate in ad-hoc financial projects as assigned

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

Requires equivalent of a university degree and Professional Accounting designation such as CPA along with minimum 5 years of post-university working experience in an investment or financial institution industry and 1-2 years of people leadership experience.
Solid background in accounting is essential to comprehend, interpret and compile complex projects, together with proven organizational skills.
Flexibility to manage multiple deliverables and deadlines and quickly grasp and work independently with minimal supervision.
Excellent communication skills, with the ability to engage effectively with senior internal stakeholders and external professional practitioners.
Strong PC skills and working knowledge of various operating systems used in the day-to-day operations of a Finance Department (PeopleSoft Financials, Broadridge, OBI, SmartView, Excel, Microsoft Office)
A focus on process improvement and efficiency initiatives would be an asset.

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.

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More about this job

Responsibilities

The Manager of Financial Analysis is responsible for the accuracy of financial data, month-end closing activities, and the reconciliation of general ledger accounts for legal entities. They also oversee expense allocations, payroll settlements, and provide financial analysis to support senior management and regulatory reporting.

Requirements

Candidates must hold a university degree and a CPA designation with at least 5 years of experience in the financial industry. The role requires 1-2 years of leadership experience and proficiency in financial software systems like PeopleSoft and SAP.

Skills

Financial analysis
Accounting
General ledger
Reconciliation
Expense allocation
People leadership
Financial reporting
Journal entries
PeopleSoft
SAP
Broadridge
OBI
SmartView
Excel
Regulatory compliance
Audit support

Benefits

Professional development
Collaborative environment
Inclusive culture

Visa sponsorship

Not detected in the job text

Keywords

Financial Analysis
CPA
General Ledger
Month-end Close
Reconciliation
Expense Allocation
PeopleSoft
SAP
Broadridge
OBI
SmartView
Regulatory Reporting
Compliance
Payroll
Investment Banking
Financial Statements
Audit
Profit and Loss
Montreal Exchange Futures
Data Accuracy
Process Improvement
Stakeholder Management
Financial Reporting
Corporate Finance
Accounting Standards

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