Senior Manager, Statutory Reporting

Job title:

Senior Supervisor, Statutory Reporting

Firm

Scotiabank

Job description

Requisition ID: 196691Be part of a goal pushed profitable crew, dedicated to outcomes, in an inclusive and high-performing tradition.The Statutory Reporting group is chargeable for the preparation and distribution of a big selection of monetary studies for each inner and exterior customers, together with the Quarterly Report back to Shareholders, Annual Report and Supplementary Monetary Reporting Package deal to traders. Statutory Reporting can also be chargeable for the compliance with disclosure necessities of assorted regulatory and accounting requirements issued by varied our bodies together with OSFI, CPA Canada, IASB, OSC and SEC.The Senior Supervisor – Statutory Reporting will play a key function in preparation of the Financial institution’s exterior disclosures together with the quarterly and annual report back to shareholders in addition to different investor supplies. Key obligations of the function will embrace researching and maintaining with regulatory developments from varied regulators that impression disclosure necessities within the Financial institution’s MD&A and different disclosure paperwork. The incumbent might be anticipated to steer the impression evaluation of the brand new necessities and lead the implementation via coordination with varied stakeholders.Is that this function best for you? On this function, you’ll:

• Monitor regulatory developments from Canadian, US and worldwide regulators/commonplace setters (OSFI, OSC, SEC, IASB, and many others) that impression the Financial institution’s exterior disclosures. Particularly, the incumbent should preserve abreast of recent developments, carry-out impression assessments and educate varied stakeholders on disclosure implications.
• Assist the Financial institution’s quarterly and annual reporting processes which is able to embrace preparation of choose monetary assertion notes and MD&A disclosures, and coordinate enter submission for the quarterly and annual studies by working with stakeholders throughout the Financial institution.
• Guarantee disclosures for non-GAAP measures and ratios in exterior revealed paperwork are in compliance with OSC necessities. The incumbent might be anticipated to assessment and supply steering on disclosure necessities for non-GAAP measures to numerous groups throughout the group.
• To analysis, analyze and coordinate the event and implementation of accounting coverage for particularly assigned accounting sections. The incumbent should preserve an in-depth degree of information of the present and proposed accounting requirements and disclosure necessities.
• To play a senior function within the implementation and co-ordination of Finance initiatives associated to monetary accounting and reporting, monetary system adjustments, and many others. The incumbent is predicted to scope out reporting necessities and be sure that related departments are introduced into the decision-making course of in a well timed method.
• Assist the automation of disclosures within the Financial institution’s quarterly/annual report back to shareholders in addition to different exterior paperwork, via coordination with the expertise crew.
• Supervise the preparation of choose notes within the Financial institution’s MD&A and monetary statements by reviewing work carried out by supervisor and/or senior analysts on the crew, and reply to queries from inner and exterior auditors.
• Take part in business dialogue teams on new disclosures, analysis subjects and current the Financial institution’s place.

Do you may have the talents that can allow you to reach this function? – We would like to work with you in case you have:

• Submit secondary schooling in enterprise, finance or accounting.
• CPA designation is strongly most popular.
• Sturdy understanding of Worldwide Monetary Reporting Requirements, in addition to OSC and SEC regulatory necessities referring to monetary reporting, particularly these associated to the banking business.
• Sturdy Excel expertise.
• Data of the Financial institution’s normal ledger system, together with PeopleSoft EGL and OBI, might be useful.
• Wonderful communication, challenge administration, writing/presentation expertise and enterprise acumen.
• Skill to work below strain and willingness to work lengthy hours, as demanded by tight reporting deadlines throughout quarter-end durations.
• Excellent self-motivation and work angle, wonderful organizational and time administration expertise.
• Minimal 7 years of expertise in finance or accounting discipline.

What’s in it for you?

• An inclusive & collaborative working surroundings that encourages creativity, curiosity, and celebrates success!
• We provide a aggressive rewards package deal: Efficiency bonus, Worker Share Possession Program, and Pension Plan Matching, Well being Advantages from day one!
• Your profession issues! You should have entry to profession growth and development alternatives.

#scotiafinancejobsLocation(s): Canada : Ontario : TorontoScotiabank is a number one financial institution within the Americas. Guided by our goal: “for each future”, we assist our prospects, their households and their communities obtain success via a broad vary of recommendation, services and products, together with private and business banking, wealth administration and personal banking, company and funding banking, and capital markets.At Scotiabank, we worth the distinctive expertise and experiences every particular person brings to the Financial institution, and are dedicated to creating and sustaining an inclusive and accessible surroundings for everybody. In the event you require lodging (together with, however not restricted to, an accessible interview web site, alternate format paperwork, ASL Interpreter, or Assistive Expertise) throughout the recruitment and choice course of, please let our Recruitment crew know. In the event you require technical help, please . Candidates should apply immediately on-line to be thought of for this function. We thank all candidates for his or her curiosity in a profession at Scotiabank; nonetheless, solely these candidates who’re chosen for an interview might be contacted.

Anticipated wage

Location

Toronto, ON

Job date

Thu, 11 Apr 2024 04:33:13 GMT

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