Senior Financial Analyst

1 month ago


North York, Canada Vaco Lannick Full time

Our client is seeking a Senior Financial Analyst for a 12- month contract. The role is a hybrid of FP&A and reporting. Also the role will require working in office, in North York, 2 days a week.


Responsibilities:

Analytics

• Performs complex analyses of financial and/or statistical data and prepares reports and/or commentary for management review and decision-making

• Prepares complex fee/costing recommendations for programs, analyzing the risks/benefits of options

• Collaborates with Registry and Data Analytics teams to analyze, develop, and fine-tune financial models supporting processes such as allocations, fee model development

• Liaises with cross-functional teams to obtain, exchange, or respond to requests for information, or provide explanation of financial and/or statistical data

• Responsible for the development and maintenance of detailed budget/forecasts, and cash flow forecasting models

• Provides management with financial analysis and data, as required, to support operational decision-making

• Develop, maintain, and distribute ad-hoc reports, presentations and financial models as needed

• Produce detail reports on budget monitoring and evaluation

• Analyze budget variances (budget/forecast vs actual) on a monthly/quarterly/annual basis

Accounting & Reporting

• Processing of month-end and year-end activities, including the preparation of reconciliations and audit packages

• Prepares, analyzes and presents financial reports in an accurate and timely manner; clearly communicates monthly and annual financial statements; collates financial reporting materials including the appropriate supporting analysis

• Responsible for the integrity of the financial reporting; cash flow forecasting and management; optimizing the company's working capital

• Coordinating the preparation and analysis of schedules, statements, and reports for distribution to internal and/or external stakeholders

• Recommends changes to financial and accounting policies and procedures including the Financial Management and Controls Policy

• Supports the design of the annual external financial reporting package

• Supports the annual audit, liaises with external auditors, providing information and responding to questions; supports the implementation of any required changes

• Supports the Finance Manager with financial reporting as required at Finance Committee and Board meetings

Treasury & Risk Management

• Responsible for cash flow and risk forecasting preparation

• Provides financial planning and analysis on daily treasury and cash management, limiting risk to the organization

• Recommends investment strategies and portfolios for the Authority’s excess fund investments in compliance with the Investment Policy

• Responsible for quarterly cash flow and investment reporting to Finance Manager and CFAO

• Prepares quarterly bank reporting in support of loan compliance agreements

Special Projects

• Performs ad-hoc analysis, reports and projects as required

• Monitors and assists in the capital management process, providing insight to the capital program


Requirements:

• Bachelor Degree/Diploma in finance, accounting or economics or equivalent work experience

• Professional Designation (CPA) or in the final stages of acquiring

• 3-5 years of experience

• Regulatory compliance experience considered an asset

• Strong knowledge of generally accepted accounting principles

• Ability to independently interpret reported results, follow-up on anomalies and provide analysis of variances

• Experience in budgeting, forecasting and proving analysis


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