Accountant - sound knowledge of accounting and auditing terms, practices and principles. - 38238

Location Address: 150 King Street W, 25th Floor

Work arrangement: Hybrid (3 days in office), it may change in the coming months.

Contract Duration: 6 months

• Champion a customer-focused culture to deepen internal and external interactions, leveraging broader Bank relationships, systems, and knowledge

• Develop and demonstrate SME level knowledge of the Bank’s TPRM policy and GWO’s mandate and operating expense categories - primarily data processing, software licensing & maintenance, depository network, and market data.

• Adhere to and support contract management objectives, procedures, audit, and workflow processes in relation to the Bank’s risk appetite and TPRM policies

• Support the management of multiple vendor relationships with a global scope and varying in complexity

• Support business partners conducting risk assessment of third-party relationships as a first line control function within the Bank’s TPRM program; specifically:

• Coordination, and execution of quality assurance and effective challenge activities

• Review of due diligence performed on fourth party sub-contractors, and others

• Maintain an updated contract management database that contains all executed contracts, as well as contracts that are under development but are not yet active.

• Coordinate with service owners to ensure the validation and accuracy of third-party expense statements, invoices, and debit advices across multiple systems and jurisdictions

• Manage invoice repositories and databases ensuring all details are captured and processed in a timely basis to track monthly vendor spend against financial plan

• Contribute to GWO’s budgeting and forecasting exercise, providing trends and assumptions for GWO’s expense categories

• Support the wider Business & Performance Management team with the production of metrics on vendor spend, monthly reporting packages, dashboards, performance reports, and any other team initiatives.

• Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabank’s values and Code of Conduct, while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operations

• Champion a high-performance environment and contributes to an inclusive work environment

Must have requirements:

• At least 2- 3 years of experience in an accounting environment, including Account Payables, Vendor Management, Risk Management, Payment Operations, Cash Management or a related function

• Ability to apply sound knowledge of accounting and auditing terms, practices and principles.

• Proficient in using the Microsoft Office productivity suite, and intermediate level of expertise in Excel. Experience in analytical tools such as Power BI would be an asset.

Nice-to-have requirements:

• Working knowledge of regulations related to third-party relationships in the financial services industry

• Good understanding of back office functions and services provided by Global Wholesale Operations

Soft skills:

• Strong verbal and written communication skills

• Ability to prioritize, identify and solve various issues while effectively communicating concepts and requirements to key stakeholders

• Strong interpersonal skills and ability to work effectively independently and in a team environment with peers and superiors across the organization

• Possess a high degree of initiative, commitment, and be results-oriented and highly self-motivated

• Incumbent may be required to perform business outside of normal business hours, sometimes at short notice.

Education:

- College / University degree in Finance or related studies

Best vs average candidate

The best candidate is someone who demonstrates strong analytical thinking and consistently takes full ownership of tasks and responsibilities. Proactively engages in self-directed learning and adapts quickly to established processes, standard operating procedures (SOPs), and workflows.