Requisition ID: 268253
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Reporting to the Manager, Finance, the Senior Financial Analyst plays a key role in supporting Scotia Global Asset Management (SGAM) within Global Wealth Management. The role is responsible for financial reporting, planning, forecasting, and analysis, providing valuable insights to business leaders and key stakeholders.
Working closely with business partners across the organization, the Senior Financial Analyst supports decision-making through reporting and performance analysis while identifying opportunities to improve processes and drive efficiencies. The successful candidate will demonstrate strong leadership and influence to support the adoption of budgeting and forecasting processes and contribute to continuous improvement within Asset Management Finance.
Is this role right for you? In this role you will:
- Support the Global Asset Management Finance team in the preparation and analysis of monthly and quarterly financial results, ensuring accuracy, completeness, and timely reporting.
- Conduct variance analysis to identify key drivers of financial performance and explain significant trends and transactions.
- Participate in quarterly forecasting, annual budgeting, and multi-year planning activities for Asset Management.
- Partner with business leaders to enhance forecasting processes, including those related to AUM-driven revenue and expenses.
- Prepare accurate budgets for business units and support functions while coordinating the collection of financial and operational data from stakeholders.
- Perform analytical reviews of forecasts to ensure completeness, reasonableness, and alignment with business performance.
- Prepare closing journal entries, support the trial balance process, and assist with monthly business line allocations.
- Deliver actionable financial insights and trend analysis to support management reporting and business decision-making.
- Lead the sub-advised management fee calculation process, coordinate reconciliations with external partners, and ensure timely invoice payments.
- Respond to finance-related inquiries and provide revenue, expense, and management reporting analysis.
- Support senior management through ad hoc financial analysis, reporting, and special projects.
- Identify opportunities to enhance reporting processes, improve efficiency, and strengthen financial controls.
Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:
- Undergraduate degree in Accounting, Finance, Commerce, or a related discipline.
- CPA designation or MBA is considered an asset.
- Minimum 2 years of experience in an accounting or finance role.
- Strong financial reporting, planning, forecasting, and analytical skills.
- Advanced proficiency in Microsoft Office applications, particularly Excel and PowerPoint.
- Strong attention to detail with a high degree of accuracy.
- Excellent communication, interpersonal, and teamwork skills.
- Knowledge of the securities, asset management, or investment funds industry is an asset.
What’s in it for you?
- A rewarding career path with diverse opportunities for professional development
- An organization committed to making a difference in our communities – for you and our customers.
- A competitive rewards program includes annual bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
- Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
- Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
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.