Activity Based Costing Jobs in Ontario (NOW HIRING)

Requisition ID: 266535 
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

As a Senior Financial Analyst, Technology Finance, you will play a key role in supporting the financial management and reporting of technology-related costs across the Bank. Working closely with Technology and Business Line partners, you will support budgeting, forecasting, cost allocation, financial reporting, and analysis activities that drive informed business decisions and support strategic objectives.

 Is this role right for you? In this role you will:

• Manage and maintain technology cost allocation models and reporting processes.
• Produce and analyze IT cost allocations using activity-based costing methodologies.
• Support monthly, quarterly, and annual budgeting, forecasting, and financial planning activities.
• Prepare financial reporting and variance analysis comparing actual results against forecast, budget, and prior periods.
• Analyze large and complex datasets to identify trends, risks, and opportunities.
• Build and maintain cost driver models to support technology cost management and allocation decisions.
• Ensure financial information is accurate, complete, and aligned with accounting principles and internal controls.
• Partner with Technology, Finance, and Business stakeholders to provide financial insight and support decision-making.
• Identify and implement process improvements, reporting enhancements, and efficiencies.
• Maintain documentation for reporting processes and allocation methodologies.

Do you have the skills that will enable you to succeed in this role?  We'd love to work with you if you have:  

• Undergraduate degree in Accounting, Finance, Business Administration, Computer Science, or a related discipline.
• Strong financial analysis, budgeting, forecasting, and variance analysis experience.
• Advanced Excel skills, including Pivot Tables, Lookups, and complex formulas.
• Experience working with large volumes of data and translating findings into meaningful business insights.
• Strong analytical and problem-solving abilities with excellent attention to detail.
• Excellent organizational skills and ability to manage multiple priorities in a fast-paced environment.
• Strong written and verbal communication skills with the ability to support and present to senior leadership.
• Proven ability to build effective relationships across Finance, Technology, and Business teams.
• CPA designation or active pursuit of a CPA is considered an asset.
• MBA designation or active pursuit of an MBA is considered an asset.
• Experience with Power BI and/or Excel Power Pivot is preferred.
• Prior experience within Financial Services, Technology Finance, Cost Allocation, or FP&A environments is an asset.
• Knowledge of activity-based costing methodologies and process improvement initiatives is preferred.

What's in it for you?

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities - for you and our customers.
• A competitive rewards program includes annual bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.

Location(s):  Canada : Ontario : Toronto 
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 click here. 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.