Finance Manager, Contracts

Job title: Finance Manager, Contracts

Company: Scotiabank

Job description: Requisition ID: 103450

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

The Manager, Contracts contributes to the overall success of the Technology Finance team by conducting financial due diligence on all technology contracts with 3rd party vendors. The manger will ensure all activities conducted within the contracts follow governing regulations, internal policies and procedures and aligning with authorized funding plans.

Key Accountabilities

• Perform necessary due diligence on IT contracts prior to executive signing to identify potential risks, opportunities, and financial constraints
• Track quantitative and qualitative benefits from contracts
• Validate savings resulting from contract signing and translate to the P&L forecast and monitor actual spending
• Work closely with project managers, procurement and FP&A teams to question details of the contracts and to ensure proper funding has been approved
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Prepares and presents complex financial data and information in a meaningful, concise and user-friendly manner for management
• Contributes to the maintenance of strong financial governance through implementing best practices. Supports audit requests and the communication of financial policies, guidelines and Bank practices
• 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
• Champions a high-performance environment and contributes to an inclusive work environment

Experience / Education:

• A professional designation (e.g. CPA) or graduate degree (e.g. MBA) preferred
• Experienced in reviewing, drafting and/or adjusting legally binding contracts
• Experienced with technology products, especially software
• Knowledge of financial and management reporting standards applied to banking issues (e.g. Intangibles), and understanding of the business planning process, dealing with accounting systems, budgets and internal controls
• Strong technical skills in MS Excel (MS Excel VBA would be an asset)

Location(s): Canada : Ontario : Scarborough

Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, 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. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please . Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

Expected salary:

Location: Scarborough, ON

Job date: Fri, 30 Apr 2021 06:59:34 GMT