In the world of Banking and Financial Services, Scotiabank goes to great lengths to ensure a truly unique experience for both our customers and staff. If you are talented, tenacious, team-oriented and excited about a career in the financial services industry, Scotiabank has a position for you.
MANAGER MANAGEMENT REPORTING (TEMPORARY POSITION)
The Manager Management Reporting is responsible for ensuring the integrity of management reporting through the implementation of adequate controls, performance measurement and monitoring including but not limited to monthly and quarterly reporting functions, rolling monthly forecasts, annual profit planning, segment reporting, and profitability modelling.
The CE Regional District is comprised mainly of the branch banking (onshore & offshore) and insurance agency operations in Barbados. There are four (4) key Business Segments: Retail Banking; Corporate & Commercial Banking; Insurance; and Treasury.
MAJOR ACCOUNTABILITES
- Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Responsible for supporting and reporting on planning/ forecasting methodologies/processes for the District and Executive Management by preparing/analysing targets.
- Responsible for the timely and thorough analysis of the financial performance of the District and the production of reporting outputs on a monthly; quarterly; and annual basis to other key constituents including IB and EC Executives and Board of Directors.
- Provide analysis and insightful reporting on the trending of expenses to facilitate the proactive management of expenses and monitor budgets to ensure effective controls are in place over expense management.
- Perform the finance review of Business Cases for proposed initiatives, provide recommendations to Approval committees and prepare supporting reports for post-implementation reviews
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Creates an environment in which his/her team 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.
- Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
EDUCATION/WORK EXPERIENCE/DESIGNATIONS
Desirable education
- The incumbent should have Bachelor’s degree in accounting or a finance related discipline and a recognized accounting qualification (i.e. ACCA, CGA etc.)
Minimum Experience
- At least five years of working experience in a related finance role
To be successful, the following functional competencies must be demonstrated on the job:
- Analytical skills and desire to learn and adapt to changing requirements
- The incumbent requires a solid understanding of accounting procedures and principles, both Canadian and local accounting standards.
- Excellent financial analysis skills with a solid grasp of profitability, asset/liability management, foreign exchange exposures and performance measurement tools/criteria is essential,
- Demonstrated ability to conceptualize problems and clearly apply analytical techniques for evaluating investments.
- Excellent communication (written and verbal) is essential...
- Good people skills are required to foster a positive work environment
- Exemplary customer service, including professional advice and creative solutions, is required.
- Proficiency in standard P.C. software is expected.
This is a temporary assignment for a period of three (3) months in the first instance.