Finance Manager

Purpose

Leads and oversees Financial Planning & Analysis in GBS Support for Service Units ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

Be a key employee in the Finance Department for strategic process including Budget, Forecast, Actuals and Analyticals for the Business Partners

Accountabilities

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Support to prepare and/or consolidate a monthly reporting packages that includes performance report, analysis of key business trends, actual versus budget variances and comprehensive executive level explanations of differences.
• Leading monthly and quarterly close and forecast activities of the Finance Department
• Preparing and delivering monthly financial/analytical reports of business performance to management
• Manage Payroll and D&A Budget and Forecast Model with quarterly updates
• Monitor budget and forecast for strategic and operational decisions
• Support annual budget process and lead im
• Assist in preparing analysis, commentary and presentation material for the monthly and quarterly financial and business review meetings.
• Working with the Service Units teams to align forecasts and Drivers projections
• Be a Finance Partner for Support Units for cost management and controls,
• Formulate initiatives on cost savings and efficiency enhancement; provide financial modeling and analysis for ad-hoc financial projects.
• Supporting preparation of financial analysis and management reporting to Management Committee, Board of Directors, Corporate Stakeholder and Service Units
• Preparing comprehensive and creative documents to present to the board
• Developing short term and long term financial modeling and business scenarios to support business growth
• Constantly reviewing the Business requirements and driving ongoing development for the FP&A function in the company
• 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 vision/values/business strategy; and, managing succession and development planning for the team.

Education / Experience / Other Information

• BA in Accounting/Finance/Economics/Engineering/Business Administration
• At least 3-6 years finance/analysis experience, with proven aptitude in operational analysis, budgeting and forecasting in a multinational company.
• Must have strong attention to detail
• Must be able to manage and meet multiple simultaneous deadlines to multiple internal/external customers with fast turnaround times
• Must have strong analytical capabilities and ability to understand complex projection models – both the technical and theoretical aspects
• Advanced Excel and PowerPoint skills required. Prior experience with HFM or similar software package is a plus
• Must be able to clearly communicate analytical findings, orally and in writing
• 100% Bilingual

Nice to have

• Post-graduate degree in Finance or Business Administration

Working Conditions

Work in a standard office-based environment; non-standard hours are a common occurrence