Senior Manager, Technology Finance
Senior Manager, Technology Finance
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Job Description
Requisition ID: 237305
Join a purpose driven winning team committed to results in an inclusive and high-performing culture.
The Technology Finance department provides cost-effective stewardship of the Banks IT and financial resources used to support creation of shareholder value. Technology Finance has a dual reporting relationship to both Corporate Finance and Technology.
The Business Line Support (BLS) team within the department is accountable for providing in-depth analysis of global technology spending to improve business and financial decision-making collaborating with Technology and other partners to develop strategic analysis to improve customer and employee utilization of IT services.
Reporting to Director Global Tech Spend the Senior Manager is responsible for contributing to Technology Executive & Line Management decision-making by ensuring the preparation of comprehensive insightful and timely analysis reporting and presentation of global IT investment and resourcing benchmarking and metrics. The Senior Manager actively contributes to the facilitation monitoring and measuring of IT and Business Line financials as well as developing and maintaining best practices and procedures for IT financial management globally. They will regularly collaborate with teams within Technology Finance as well as Business / Finance units across the Banks global footprint to achieve goals and deliverables under tight timelines. They actively participate in special projects and periodic ad-hoc analysis for management as needed. The Senior Manager is a proactive and hands-on strategic thinker who exemplifies integrity respect and commitment to the team.
Is this role right for you In this role you will:
Financial Management & Global IT Reporting
- Lead the development maintenance and governance of financial management and statutory reporting for Global IT aligned with TBM best practices.
- Coordinate timely accurate and insightful analysis for global IT financials including statutory reporting forecasting and budgeting cycles.
- Prepare and review standard and ad-hoc dashboards reports and visualizations (e.g. benchmarking metrics graphs spreadsheets) using Apptio and other analytical tools.
- Identify opportunities to enhance efficiency profitability and growth through data-driven insights and continuous improvement.
- Conduct deep-dive financial analysis of IT spend across business lines ensuring accuracy reasonability and identification of key cost drivers and variances.
- Analyze complex business scenarios including change impacts and sensitivity trends and provide actionable recommendations to senior leadership.
Strategic Partnering & Client-Focused Support
- Collaborate with Technology and Business Line stakeholders to deliver strategic analysis that improves global utilization of IT services.
- Develop and present detailed financial workbooks and materials for IT and Business Line workshops enabling informed decision-making.
- Maintain active communication with IT and Finance partners to monitor spend budget alignment and cost driver evaluation ensuring technology investments support business strategy.
TSA Process Ownership
- Oversee the development and execution of the Technology Services Agreement (TSA) process for IT expenses.
- Partner with Global Tax and Finance Transfer Pricing teams to ensure compliance with international guidelines.
- Facilitate analysis discussions and presentations to support TSA chargebacks across jurisdictions.
Systems Controls & Process Optimization
- Lead the redesign of financial workflows and allocation methodologies to streamline processes and enhance reporting capabilities.
- Recommend and implement innovative solutions to automate data compilation and improve delivery of financial insights.
- Maintain expert-level knowledge of financial systems and tools including Apptio to ensure optimal data usage and reporting efficiency.
- Own and update documentation for allocation methodologies ensuring transparency and consistency.
Stakeholder Engagement & Strategic Relationship Building
- Facilitate cross-functional discussions and presentations with stakeholders across the organization.
- Identify and engage key participants for strategic financial and operational conversations.
- Deliver clear concise and professional communications tailored to IT Finance and Business audiences globally.
Do you have the skills that will enable you to succeed Wed love to work with you if you have experience with:
- CPA and/or MBA with minimum 8 years of related work experience
- Advanced level of understanding of finance and technology demonstrated through previous experience
- Strong knowledge and experience on financial and management reporting cost allocation business analytics and financial systems/models and Apptio
- Change agent with high energy and willing to work in a fast-paced environment and able to manage time and resources effectively to meet tight deadlines.
- Excellent interpersonal communication (both oral and written) presentation and business writing skills as well as strong training coaching and facilitation skills
- Strong analytical skills problem solving skills and critical thinking ability to:
- Frame and structure complex issues in a way that makes it easy to understand
- Make sound and efficient judgement and assumptions
- See connections between pieces of data and analysis and develop insights and implications
- Quickly understand processes and identify opportunities
- Strong team player and skilled in developing harmonious relationships with team members business partners and senior management
- Advanced skills in MS Office
Whats in it for you
- In-depth training to prepare you for the role as well as ongoing coaching and feedback to help you succeed!
- Youll be part of a diverse collaborative innovative and high-performing team
- We offer a competitive rewards package:
- Performance bonus Employee Share Ownership Program and Pension Plan Matching
- Health Benefits from day one!
- You will relish work-life balance team events and opportunities to participate in the community.
- Your career matters! You will have access to career development and progression opportunities.
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.
Required Experience:
Senior Manager
Employment Type
Full Time
