Manager, Finance & Accounting - Finance (Toronto)

Manager, Finance & Accounting - Finance (Toronto)

22 Aug
|
Scotiabank
|
Toronto

22 Aug

Scotiabank

Toronto

Title: Manager, Finance & Accounting - Finance Requisition ID: Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Manager, Finance and Accounting is responsible for all financial accounting and financial operations processes for Automotive Finance & Indirect Lending including but not limited to various amortization processes, business line revenue and expense allocations, subvented manufacturer lease escrow fund management, review and implementation of GST/HST and PST, and reporting and the implementation and maintenance of recent financial processes and controls at Automotive Finance & Indirect Lending (AF&IL). The Manager provides financial and accounting advisory support and service to Senior Manager, Pricing & Finance, Directors, Vice-Presidents, and Senior Vice-President, Automotive Finance & Indirect Lending. Is this role right for you? In this role, you will: Manages the comprehensive financial review, analysis and evaluation of all of manufacturer subvented lease escrow funds to ensure they are in accordance with the contractual agreements between the manufacturer and Scotiabank. Accountability responsibilities are:



Manages the preparation of portfolio information to third party companies (Residual Value Insurance Group, Automotive Lease Guide for the periodic review (quarterly, semi-annually) of estimated escrow fund residual gains/losses Manages the preparation of regular reports to manufacturer clients on all lease escrow fund transactions, including a detailed, lease-level breakdown of all end of term lease proceeds Manages the communication and timely collection/disbursement of all manufacturer lease escrow fund withdrawals/deposits to manufacturer clients Manages the implementation and maintenance of end of term lease escrow fund accounting processes between the Dealer Lease Administration Centre and Canadian Dealer Lease Services Inc. Manages the investigation of disputed manufacturer lease escrow fund withdrawals/deposits Manages the preparation of monthly variable compensation calculations for Prime ASM and IASM based on methodology outlined by the compensation memo. Provides monthly breakdown of compensation payments to HR and sales team for

📌 Manager, Finance & Accounting - Finance (Toronto)
🏢 Scotiabank
📍 Toronto

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