Manager, Business Banking Finance (225063)

Requisition ID: 225063

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

The Manager plays a key role in providing finance and operational support to Business Banking and Canadian Banking Finance contributing to the business lines strategic direction and results as well as to the integrity of the business line financials systems and reporting. The position reports to the Sr. Manager Business Banking CB Finance and supports in the following areas:

• Financial planning forecasting and reporting for the full P&L

• Month-end Quarter-end and Year-end reporting and analysis of business line results

• Development of financial models and reporting packages for planning tracking and reporting on business line performance and various initiatives

• Expense management processing and ongoing monitoring and reporting on all expenses

• Competitive analysis ad hoc projects and administrative requirements

• Stakeholder management within the business line finance and support functions

In fulfilling the role the incumbent must work with the various leaders within Business Banking Canadian Banking Finance and other internal partners. In addition the incumbent will also participate in various projects.

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

• Championa customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.

• Create annual Profit Plans and forecasts and monitor P&L to ensure budget compliance

• Provide accurate forecasts by carefully observing trends in Balance Sheet and P&L and liaise with the filed and partners

• Identify drivers solve concerns and summarize and provide commentary and recommendations to business line and finance leadership teams

• Work closely with stakeholders in business line finance and partners to ensure effective and timely execution

• Assist in bluebook KPIs and all monthly and quarterly reporting and dashboards

• Produce reports which compare actual vs. plan volumes revenue margins expenses

• Provide analysis and tracking of support and allocated business line expenses

• Conduct reasonability reviews and work with partners in providing accurate data and proper explanations

• Track Non-Interest Expenses across all business lines at the transit level

• Research explore and identify alternatives to maximize benefits and increase revenues while minimizing costs

• Design and create management reports to provide a clear and precise picture and recommendations on budget usage and variance on a regular basis for effective expense control and decision making

• Ensure expenses are in accordance with the Banks policies and guidelines

• Manage monitor and report on complement and overruns to ensure plan targets are met

• Cultivate and manage relationships within the business line partners and support functions to provide top-notch support to all activities and initiatives

• Evaluate and recommend alternates to meet initiative objectives and deadlines while improving efficiencies and enhancing collaboration

• Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabanks 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.

• Championa high performance environment and contributes to an inclusive work environment.

Do you have the skills that will enable you to succeed in this role - Wed love to work with you if you have:

• A minimum of 5 years experience in a related position with strong knowledge in managerial accounting and financial management

• Very strong in Excel PowerPoint and Word and the Banks accounting/finance systems such as OBI Hyperion Smartstream Anaplan

• Attention to detail with superior analytical and presentation skills

• Proactive with strong verbal and written communication skills

• Strong process management planning and organization skills to facilitate teamwork and coordinate execution of multiple deliverables

• A good understanding of the Banks established processes policies and guidelines around financial accounting and financial management

• Flexibility is required to adapt to a wide variety of tasks & functions with changing demands

• A high level of curiosity energy commitment and strong sense of teamwork are needed to be successful in the role.

Whats in it for you

• An inclusive & collaborative working environment that encourages creativity curiosity and celebrates success!

• We offer a competitive rewards package: Performance bonus Employee Share Ownership Program and Pension Plan Matching Health Benefits from day one!

• Your career matters! You will have access to career development and progression opportunities.

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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.