Senior Financial Analyst
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
First Nations/Metis/Inuit: Senior Financial Analyst, Financial Planning and Analysis, Fully Remote Career Opportunity
Posted pursuant to Scotiabank’s Special Measure Program under the Employment Equity Act and Canadian Human Rights Act.
While you must be an Indigenous person in order to submit your resume, participation is completely voluntary. Please use the definition below to make sure you’re eligible and open to self-identifying as Indigenous person:
Indigenous Peoples include First Nations, Métis and Inuit people. Only those Indigenous peoples who come from Canada should identify themselves as belonging to this designated group.
Scotiabank provides extended benefits to Indigenous employees aimed at supporting and promoting their culture.
Contributes to the overall success of the department ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team’s business strategies and objectives. The Senior Financial Analyst is responsible for supporting the team to manage the Business Line performance reporting, including actuals, forecast and budget and related variance analysis for use by Executive Management for informative and decision-making purposes.
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
- Responsibilities include managing all aspects of the maintenance of a financial analysis model, inclusive of accurate and detailed financial reporting as the basis for the Business Line’s planning, tracking and management of revenues and expenses, including cost allocations. In addition, the incumbent will:
- Support the development, enhancement and production of various reporting outputs and dashboards on a monthly, quarterly, and annual basis including coordinating business performance commentary and variance analysis
- Establish and operationalize effective controls to ensure the completeness and accuracy of resultant information, ensuring that results adhere to accounting principles; are accurately reflected in the general ledger, plan and forecast; and that cost drivers are correctly applied
- Manage and perform analysis on large volumes of data, build cost and driver models to provide support to Business Lines.
- Prepare monthly reporting to support the Bank’s utilization of Business Line’s resources in a timely manner
- Provide insightful written analysis of Business Line results by comparing to forecast, budgets and prior periods
- Perform value added ad hoc support for the Business Lines
- Demonstrate creativity by championing new and innovative approaches of utilizing information for improved decision making and development of key metrics/reports
- Ongoing refinements to the models/tools used for actuals, forecast and budget
- Maintain documentation for operating procedures and identify opportunities to implement process improvements
- Build partnership across departments to obtain support in providing financial insight.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively 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.
- Champions a high-performance environment and contributes to an inclusive work environment
Education / Experience / Skills required
- Post-secondary education in business, accounting, finance or a related discipline or equivalent experience is required
- Excel skills (pivot-tables, lookups, advanced formulas, Power Pivot)
- Proficiency in financial analysis with proven analytical skills (attention to detail is critical)
- Experience managing large volumes of data and translating the data into meaningful message
- Good inter-personal skills with ability to work effectively with colleagues and internal/external customers
- Solid organizational skills with ability to provide high quality output during constrained timelines
- Strong verbal and written skills
- CPA, CFA, CAFM is an asset
Location(s): Canada : British Columbia : Kelowna
To apply for this job please visit ca.indeed.com.