Scotiabank Hiring – Assistant Manager

Website Scotiabank

Job Description:

The Sr. Assistant Manager is primarily responsible for but not limited to performing, reviewing and monitoring the GLRAS (General Ledger Reconciliation Adjustment System, which is a Bank-developed application) reconciliation process assigned, reviewing and monitoring the Compensating Control Processes assigned, providing support to other reconciliation process (IBAICA) per request. This role works closely with various Risk Groups and business units to investigate variances identified in the reconciliation process and performs adjustments as required. The incumbent is also expected to prepare a reporting package to present the certification status of the reconciliation for management’s approval. The incumbent could be the back up for the other team members in the team when they are in absence.

Job Responsibilities:

  • Act as the backup to the team during the team member’s absence
  • Taking the leading role of the compensating control reconciliation assigned, ensure the team to complete the reconciliation timely, ensure to compare Risk Group reconciliation data against EGL to determine coverage and accuracy against approved thresholds
  • Ensure the team would Identify above threshold variances and follow up with applicable Risk Group(s) for explanation
  • Work on the projects for GLRAS on boarding initiatives for the Compensating Control Processes
  • Provide support/backup to other reconciliations (IBA/ICA Reconciliation) within Financial Reconciliation team upon request.
  • Take the leading role to meet the audit requests timely and accurately.
  • Perform other duties/ad hoc projects as assigned by Management

Job Requirements:

  • Working towards a recognized accounting designation (CPA,CA, etc) or CFA is an asset.
  • Strong analytical, problem-solving and financial analysis skills; ability to identify issues and find solutions
  • The incumbent should have Post undergraduate degree, Preferably in Business.
  • Ability to gain understanding of the Bank’s accounting systems and procedures quickly (EGL,OBI, Essbase/Smartview, GLRAS)
  • Flexible in dealing with changing reconciliation process as more risk groups on-board to the GLRAS process
  • Sound knowledge of Bank’s Product especially Capital Market Products and Investment Securities
  • Attention to details; strong time management and highly motivated to produce accurate and complete information under tight deadlines
  • Strong communication skills, as this role works closely with various departments with the Bank

Qualification & Experience:

  • Superior Excel skills including pivot tables, v-lookup etc.; prior accounting reconciliation experience

Job Details:

Company: Scotiabank

Vacancy Type: Full Time

Job Location: Toronto, CA

Application Deadline: N/A

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