At a Glance
- Tasks: Lead financial planning and reporting for European and APAC regions, driving insights and cost management.
- Company: Join Scotiabank, a leading bank committed to inclusivity and community success.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on process improvement and automation.
- Why this job: Make a real impact in finance while collaborating with diverse teams across the globe.
- Qualifications: Qualified Accountant with strong analytical and communication skills.
The predicted salary is between 60000 - 75000 £ per year.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contributes to the overall success of the FP&A department covering the European and APAC regions ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.
Responsible for providing planning, forecasting and management reporting support to the European and APAC business leads. Key responsibilities include coordination of annual expense plans (including allocations from Head Office functions), periodic forecasts, performance reporting and analysis to assist management decision making.
Accountabilities- Business Partnering & Stakeholder Management: Act as the primary finance partner to European business and Corporate Function heads on all cost-related matters. Build strong relationships across business lines, support functions, and Head Office finance teams. Lead preparation and refinement of expense plans, forecasts, and forward-looking analysis. Identify risks and opportunities, providing clear and actionable insights. Coordinate quarterly and annual expense planning across Front Office and Support functions.
- Management Reporting & Insight: Deliver monthly cost reporting (UK and Ireland) with clear commentary. Enhance reporting frameworks and support continuous improvement of planning processes. Lead month-end cost reviews and recommend corrective actions where required. Promote cost discipline, identifying savings opportunities and supporting MI. Review and approve accruals and prepayments for the region.
- Intercompany & Allocation Management: Own TSA/SLA processes including calculation, journals, settlement, and matrix maintenance. Monitor TSA charges for RPS and tax reporting. Understand global vs local reporting impacts including Head Office allocations.
- Controls, Governance & Compliance: Ensure compliance with policies, regulatory requirements, and risk frameworks. Maintain documentation and complete UK MIS balance sheet attestations.
- Process Improvement & Automation: Drive improvements in processes, controls, and Excel tools aligned to EUC standards. Support MIS enhancements and project work.
- Operational Support & Team Contribution: Respond to business and Head Office queries in a timely and high-quality manner. Provide team coverage and support a high-performance, inclusive culture aligned to the Bank’s values.
Education / Experience:
- Qualified Accountant or comparable experience
- Knowledge of the Bank’s financial reporting systems such as EGL, OBI and Hyperion strongly desired
- Excellent analytical skills and excel skills including financial modelling
- Strong communication skills and proven ability to provide insightful analysis to Senior Management
- A demonstrated ability to work in a team environment under tight deadlines, in some cases on special projects and tasks requiring creative analysis and solutions
Location(s): England : Greater London : London (UK)
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. 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.
Manager, Cost Management Accountant / Business Partner employer: Scotiabank
At Scotiabank, we pride ourselves on being a purpose-driven employer that fosters an inclusive and high-performing culture. As a Manager, Cost Management Accountant / Business Partner in London, you will benefit from a collaborative work environment that encourages professional growth and development, while also having the opportunity to make a meaningful impact across the European and APAC regions. With a commitment to employee well-being and continuous improvement, Scotiabank offers a range of resources and support to help you thrive in your career.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Cost Management Accountant / Business Partner
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Scotiabank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Manager, Cost Management Accountant / Business Partner
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Scotiabank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Scotiabank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Scotiabank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Scotiabank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Scotiabank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Scotiabank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
