Manager, U.S. Accounting Policies and Procedures
Manager, U.S. Accounting Policies and Procedures
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Job Description
Requisition ID: 236047
Salary Range:76500.00-142120.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors including but not limited to the successful candidates relevant knowledge skills and experience.
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America operating globally for over 100 years. Scotiabanks strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing mergers & acquisitions corporate banking institutional equity sales trading and research fixed income products derivatives energy foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!
Purpose
Contributes to the overall success of GBM US Finance ensuring specific individual goals plans and initiatives are executed/delivered in support of the teams business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations internal policies and procedures.
The U.S. Accounting Policies and Procedures Manager reports to the Senior Manager U.S. Accounting Policies and Procedures and is responsible to assist in setting U.S. GAAP policy and delivering reliable guidance on U.S. GAAP and IFRS accounting standards including impacts on regulatory reporting in an efficient and timely manner. He/she assists in the development maintenance and implementation of policies procedures and methodologies in coordination with head office IFRS accounting policies and procedures professionals.
The individual will assist in ensuring that the combined U.S. operations of the Bank have the relevant methodologies and processes to report financial and regulatory information in accordance with the guidelines quality standards and timelines demanded by the U.S. regulators. The incumbent is responsible for supporting the development and maintenance of accounting policies procedures and processes in order to improve the quality integrity relevance security and ownership of Scotiabanks financial and regulatory information.
The incumbent is expected to establish credible relationships with business partners in providing perspective on finance and accounting matters pertaining to business activities. The incumbent also assists in providing input to new product development and implementation and performs initial reviews over the integrity of accounting for existing financial reporting.
What Youll Do
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships systems and knowledge.
- Support the implementation of accounting policy matters for the combined U.S. operations of the bank.
- Assist in the implementation of accounting policies procedures and support process implementation
- Document and update U.S. GAAP accounting policies and procedures
- Develop and administer training on U.S. GAAP accounting standards IFRS/U.S. GAAP differences and changes or developments in accounting standards
- Conduct research on U.S. GAAP technical accounting issues including support for IFRS interpretations
- Identify and facilitate the involvement of key stakeholders
- Provide support to stakeholders on financial and regulatory reporting issues and/or changes.
- Maintain an expert knowledge of U.S. GAAP and ensure alignment with regulatory reporting policies and procedures
- Review financial statements and related footnote disclosures to ensure compliance with U.S. GAAP
- Initiate problem resolution for discrepancies and contributes to quality control and process
- Serves as a point of contact for inquiries and problem resolution with business partners
- Participate in periodic meetings/change management for finance and regulatory reporting matters at the Bank
- Understand how the Banks 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 while ensuring the adequacy adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk regulatory compliance risk AML/ATF risk and conduct risk including but not limited to responsibilities under the Operational Risk Management Framework Regulatory Compliance Risk Management Framework AML/ATF Global Handbook and the Guidelines for Business Conduct.
What Youll Bring
CPA CA MBA or MS in accounting preferred.
Strong knowledge of U.S. GAAP
7 years of financial reporting experience accounting policy or technical accounting advisory services in the Banking or Financial Services industries.
This position is strategic and complex requiring a results-oriented individual who has a general understanding of banking business knowledge of U.S. GAAP and IFRS balanced by an intrinsic understanding of the business lines. Must be able to engender trust and confidence across the company based upon an ability to deliver services on target and on time. The accounting policy services must provide highly quality information for strategic and business decision making.
Excellent people skills are required in order to influence teamwork and to deliver results under tight deadlines and multiple priorities.
A strong communicator is a must for this role. Established written and verbal communications skills are essential to effectively drive change management across culturally diverse workforce.
Requires researching technical accounting standards and monitoring the development of new accounting standards
Ability to prepare and present training materials on new or proposed changes to accounting standards
Support the implementation new U.S. GAAP standards
Baseline understanding of U.S. GAAP accounting standards
Understanding of IFRS and U.S. GAAP differences
Strong people and interpersonal skills
Strong influencing skills to apply within U.S. Finance
Capability to establish credibility and value added with business partners
Effective listener and communicator verbally and in writing
Sound organizational abilities with the capacity to be innovative and think creatively
Strong analytical skills with the ability to react quickly under adverse operating conditions
Interested
If your experience is closely related but doesnt align perfectly with every qualification we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
At Scotiabank every employee is empowered to reach their fullest potential respected for who they are and embraced for their differences. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.
Whats in it for you
Scotiabank wants you to be able to bring your best self to work and life every day. With a focus on holistic well-being our many flexible benefit programs are designed to help support your unique family financial physical mental and social health needs.
#Dallas
Location(s): United States : Texas : Dallas
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.
Required Experience:
Manager
Employment Type
Full Time
