Manager, U.S. Accounting Policies and Procedures

Manager, U.S. Accounting Policies and Procedures

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

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 GBM US Finance ensuring specific individual goals, plans, and 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 U.S. Accounting Policies and Procedures Manager reports to the Senior Manager, U.S. Accounting Policies and Procedures and is responsible to assist in setting U.S. GAAP policy and delivering reliable guidance on U.S. GAAP and IFRS accounting standards including impacts on regulatory reporting in an efficient and timely manner. He / she assists in the development, maintenance and implementation of policies, procedures and methodologies in coordination with head office IFRS accounting policies and procedures professionals. The individual will assist in ensuring that the combined U.S. operations of the Bank have the relevant methodologies and processes to report financial and regulatory information in accordance with the guidelines, quality standards and timelines demanded by the U.S. regulators. The incumbent is responsible for supporting the development and maintenance of accounting policies, procedures and processes in order to improve the quality, integrity, relevance, security and ownership of Scotiabank's financial and regulatory information. The incumbent is expected to establish credible relationships with business partners in providing perspective on finance and accounting matters pertaining to business activities. The incumbent also assists in providing input to new product development and implementation and performs initial reviews over the integrity of accounting for existing financial reporting.

What You'll Do

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Support the implementation of accounting policy matters for the combined U.S. operations of the bank.
• Assist in the implementation of accounting policies, procedures and support process implementation
• Document and update U.S. GAAP accounting policies and procedures
• Develop and administer training on U.S. GAAP accounting standards, IFRS / U.S. GAAP differences, and changes or developments in accounting standards
• Conduct research on U.S. GAAP technical accounting issues including support for IFRS interpretations
• Identify and facilitate the involvement of key stakeholders
• Provide support to stakeholders on financial and regulatory reporting issues and / or changes.
• Maintain an expert knowledge of U.S. GAAP and ensure alignment with regulatory reporting policies and procedures
• Review financial statements and related footnote disclosures to ensure compliance with U.S. GAAP
• Initiate problem resolution for discrepancies and contributes to quality control and process
• Serves as a point of contact for inquiries and problem resolution with business partners
• Participate in periodic meetings / change management for finance and regulatory reporting matters at the Bank
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively 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, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML / ATF Global Handbook and the Guidelines for Business Conduct.

What You'll Bring

Interested? If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank! At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That's why we work to grow and diversify talent and engage employees in a performance-oriented culture.

Scotiabank wants you to be able to bring your best self to work and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.