Requisition ID: 245945


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Purpose

Contributes to the overall success of the Inter Company Governance ( ICG ) team in Canada for the Finance Services Unit ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. The Inter Company Governance (ICG) team is responsible for developing, managing and executing the centralized financial reconciliation process within the Bank. Inter Company Reconciliation is a key control to ensure the accuracy of Financial and Regulatory Reporting at both Consolidated Bank’s and local units’ level. The incumbent is responsible for supporting the building and management of Inter Company Accounts and General ledger Reconciliation process.

Accountabilities

• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

• Perform monthly intercompany reconciliation of internally allocated accounts and transfer pricing fees.

• Provide oversight on the reconciliation process of hub charges in the Region.

• Identify and investigate variances with business units.

• Escalate significant reconciliation issues to the Manager / Senior Manager on a timely basis.

• Communicate with various departments with differences and ensure timely resolution.

• Maintain a repository of all intercompany accounts, including GL ownership, on an ongoing basis and build a process to monitor existing and new intercompany contracts. Support the establishment of global governance including framework, policy, and procedures for intercompany accounts.

• Prepare monthly reporting for management, including an escalation process for any variances.

• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

• Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

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

Reporting Relationships

Primary Manager: Manager, Inter Company Team
Direct Reports: Not applicable
Shared Reports: Not applicable

Education / Experience / Other Information

• High levelof analytical, conceptual, problem solving and organizational skills.
• Ability to balance competing deliverables, manage priorities and time and to reallocate as required.
• Ability to multi-task, and to produce accurate and complete information under tight deadlines.
• Must be able to work independently.
• Good team building skills, working with diverse groups to resolve issues and identify efficiencies.
• Solid communication skills (written & oral) and interpersonal skills with a strong ability to establish relationships with internal customers.
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• Ability to work in a project environment as required, with key deliverables and ensuring requirements of department are represented.
• Bachelor’s Degree in Accounting, Finance, Business Administration or similar qualification/degree (general knowledge of banking is a plus).
• Knowledge and experience in business analysis and data governance would be an asset.
• Superior computer skills / literacy including advanced Excel skills and Python. Ability to understand controls in and around systems, ensuring changes implemented maintain or strengthen control environment.

Location(s): Colombia : Bogota : Bogota

Scotia GBS is a Scotiabank Group company located in Bogota, Colombia created to support different processes of the Bank and the development and execution of its global services strategy in 15 countries in the Americas. It is composed of 7 service units. We offer an inclusive, positive work environment, and competitive benefits.

At ScotiaGBS, 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. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at ScotiaGBS; however, only those candidates who are selected for an interview will be contacted.