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manager, corporate sales

Title posted on CareerBeacon - Manager, Field Accounting & Operations, Canadian Commercial Banking

Posted on May 22, 2025 by Employer details Scotiabank

Job details

Requisition ID: 225938Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Manager, Field Accounting &amp; Operations, Canadian Commercial BankingPurposeThis role manages the client accounting function for Roynat Capital by providing close supervision to the field accounting team, thus ensuring that client accounts are maintained on an accurate, complete, authorized and timely basis.Roynat Capital is a provider of customized financing solutions (including term loans, sub-debt, mezz-equity and equity) to mid-sized growth companies in Canada. The portfolio is of relatively higher risk generated by Roynat Equity Partners, a business unit that originates an invests equity investments. All types of transactions are customized and tailored to client needs, resulting in complex client accounting on portfolio loan and investment systems that are developed and maintained in-house.Accountabilities:Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.Manages the client accounting function by providing close supervision to the field accounting team. Designs, implements and tests internal controls to ensure that the client accounts maintained on an accurate, complete, authorized and timely basis. Directs and authorizes the daily client disbursements, monthly billing and ongoing amendments and collection processes. This includes: ? Maintains management controls including coordinating daily, monthly and periodic workflow and tasks;? Ensures all department deadlines; the billing process, month-end process and accounts payable/receivable pertaining to client accounts are respected;? Maintains a high level of processing accuracy in work prepared by field accounting team by verifying the accuracy, completeness and authorization of transactions and maintenance data, as inputted by others;? Ensuring instructions and requests (which may include audit confirmation, payment of real property taxes, fees and expenses such as legal and insurance fees) from the District Offices are promptly acted on and verifying the completeness of the necessary financial and non-financial information;? Verifying the accuracy of basic to more complex investments, administrative type amendments, balloon renewals and changes to the clients' portfolio as instructed by District Offices to ensure all systems have been accurately updated;? Ensures that requests for funding of loans and investments are fulfilled by the deadlines imposed by ScotiaConnect (Scotiabank Online Banking System) and within the expected time frame of stakeholders, at the same time ensuring instructions from District Manager/Relation Manager are properly followed and approved;? Routinely check that payments received are correctly allocated and client accounts are updated.Ensures that various monthly portfolio and client reports (for both Roynat and broader Bank use) are prepared and submitted in a timely manner. Responsible for the safekeeping, inventory and proper recording of share certificates, warrants, power of attorney and other related documents that are pledged against Roynat loans.Key participant in the ongoing design, development and testing of process and system improvements and enhancements:? Identifying and assisting in the development of specification design changes to improve the accounting systems, accommodate new products, simplify procedures, preparing 'how to' handbooks; ? Assisting with the implementation of changes to procedures and systems in relation to all of the accounting support systems.Ensures that files and reports are systematically compiled, organized and retained according to standards in the designated network folder for Field Accounting. Responds to inquiries and assists team members with resolving issues and inquiries from District Offices in a prompt and professional manner and in accordance with bank standard