Senior Accountant, U.S. Financial Reporting

 

 

 

Requisition ID: 255098

 Salary Range:  -  

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

 

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

 

 

Global Banking and Markets 

 

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. 

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group. 

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future! 

 

Purpose

 

Contributes to the overall success of US Finance 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 role has responsibility to ensure that information and data quality standards in accordance with the enterprise technology and data management standards for accurate, complete, and timely financial information. The incumbent also has responsibility to develop and maintain strong financial reporting and information quality disciplines.

 

What You'll Do

 

•    Responsible for the Operational Accounting functions owned by the U.S. Financial Reporting and Operational Accounting Team, including:
         - Assisting in completing the monthly and quarterly accounting close process for the U.S. Broker Dealer.
         - Performing various bank and control reconciliations
         - Wiring funds as applicable and performing bank reconciliation analysis related to funding needs

•    Assist in preparing financial statements for semi-annual and annual audited financial statements, ensuring compliance with US GAAP.

•    Assist in controlling the balance sheet by ensuring all balance sheet accounts are analyzed and reconciled monthly.

•    Assist in the preparation in monthly analytics, quarterly Board packages, and other various management packages.

•    Work with the team to help administer the balance sheet attestation and substantiation process.

•    Develop and enhance internal work papers to make processes more efficient

•    Work with the key business support partners in learning and gaining an understanding of the business that’s supported, to become effective at ensuring the team is getting the numbers right

•    Work with enterprise Finance in ensure intercompany balances are properly reconciled.

•    Responsible for assisting in the completion of the monthly financial close, specific areas of focus include monthly accrual entries for invoices and employee T&E and other assigned journal entry preparations (e.g., recoverable, prepaids).

•    Prepare accounting entries pertaining to prepaid charges, recoverable charges and accrued expenses.

•    Assist with ad hoc projects, issues, and urgent deliverables.

•    Assist with balance sheet reconciliation and certification ensuring that financial balances have been substantiated and confirmed

•    Assist with identification and remediation of US Finance issues, including self- identified, operational risk, and internal/external audit issues.

 

What You'll Bring

 

Education
•    Accounting, Finance or relevant business degree

 

Experience & Skills

•    Knowledge in Accounting/Finance principles
•    This position requires basic understandi