Senior Financial Analyst

3 weeks ago

Old Toronto, Canada Home Capital Group Full time
Career Opportunities: Senior Financial Analyst - Accounting Policy & Hedge Accounting (14888)

Requisition ID 14888 - Posted - Full Time - Finance - Toronto

Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of our core residential and commercial mortgage lending business, the Company and its affiliates also offer complementary lending services and competitive deposit investment products. Our culture has been shaped by the passion and integrity of our people. Home Trust is a private company.

Through the development and maintenance of policies and procedures that comply with all ongoing financial legislative requirements, Finance promotes high standards of business conduct and ethical behaviour. Finance performs many complex, financial tasks ranging from administrative accounting to strategic capital management by way of analysis, forecasting and planning. The group also creates value in the business by identifying opportunities, providing critical information and analysis to make superior operational and strategic decisions, while fostering a culture of respect, trust and integrity.

Position Overview

This role is a key member of a group that will act as subject matter experts to both finance and other business units/control functions on specialized topics such as derivatives, hedge accounting, complex accounting policy and advisory. The Senior Financial Analyst - Accounting Policy & Hedge Accounting will work closely with Senior Manager of Accounting Policy and Advisory. The position plays a key role in the derivatives and hedge accounting process and reporting, accounting research and implementation including major projects, planning and advisory that will significantly impact the presentation of results to senior management, business units, regulators and the public.

Position Responsibilities

Risk Management & Compliance must remain the over-arching focus in striving for continuous improvement with respect to assessment of and improvement to control activities related to assigned financial activities, maintaining process and control documentation, adhering to all control requirements, testing processes and working with internal audit group in support of CEO/CFO certification and in adhering to applicable compliance obligations including Privacy, Anti-Money Laundering/Anti-Terrorist Financing and internal Anti-Fraud Policy requirements in carrying out one’s responsibilities as outlined below:

Derivatives and Hedge Accounting (70%)

  • Update monthly the hedge register to reflect all new relationships entered during the month in the GL/ financials
  • Test hedge effectiveness of all the hedge accounted derivatives
  • On a monthly basis prepare journal entries for swap interest accrual, and settlements
  • Prepare journal entries related to fair value effectiveness, ineffectiveness and mark to market on a monthly basis
  • Prepare monthly reconciliation, management, external and regulatory reports related to all the derivatives
  • Develop new hedge accounting strategies and update existing strategies for changes in IFRS or business needs
  • Report actual and budgeted numbers of various hedging strategies with a focus on the impact to net interest margin
  • Provide insightful analysis of monthly results and trends for derivatives and hedges
  • Maintain documentation and testing processes for internal controls supporting CEO/CFO certification and external audit requirements

Accounting Policy (20%)

  • Research accounting policy related issues including hedging strategies
  • Prepare and update accounting policies and memos as required
  • Stay abreast of new developments in IFRS
  • Assist in implementation of new accounting policies and projects (e.g. IFRS 9, IFRS 16)

External Quarter-end Reporting (10%)

Assist with preparing financial statement note disclosures related to cash and securities, derivatives and hedge accounting and AOCI. Ensure that the data is accurate, reliable and reconciled to internal and external reports for assigned areas.

  • Assist Shareholder and Consolidation team in various other quarter-end financial reporting related responsibilities
Formal Education
  • Bachelor's degree required in Business, Finance or Accounting
  • Certification(s)/Designation(s) required in related area (CA, CGA, CMA or equivalent)
Related Experience
  • 2-4 years in financial analysis within a financial services company or equivalent experience in a professional services firm
  • Exposure to FINCAD, SAP an asset
  • In-depth knowledge of IFRS, with focus on financial instruments
  • Understanding of hedge accounting and derivatives
  • Solution-focused, takes initiative ensuring self and team work effectively and efficiently within established guidelines
  • Strong organizational, time-management, strategic thinking, research/ analysis, and attention to detail
  • Proven ability to work both independently and collaboratively within a team environment
  • Strong interpersonal relationship building and listening skills
  • Excellent written / verbal communication and professional maturity
  • Able to multi-task and flourish in a fast-paced, deadline-driven work environment
  • Strong sense of ethics and integrity and maintaining confidentiality
  • Solid knowledge of MS Office (especially Word and PowerPoint); Advanced Excel
  • Solid knowledge of technical accounting.
Position Complexities
  • Bilingualism an asset
  • Some work beyond standard hours
Acknowledgement

All employees of Home Trust Company must comply with all applicable Home Trust Company, and specific Line of Business policies, standards, guidelines and controls. Additionally, all employees are obligated to become familiar with Home’s risk management framework and understand the operational risk management requirements within their specific business. Employees are also expected to understand and comply with the Company’s Code of Business Conduct & Ethics Policy at all times and escalate any issues or concerns through various reporting channels (i.e. Ombudsman, Compliance Hotline, Whistleblower Policy, etc).

#J-18808-Ljbffr

  • Senior Financial Analyst, Investment Decisions

    21 hours ago

    Old Toronto, Canada Canadian Tire Financial Services Full time

    Senior Financial Analyst, Investment Decisions page is loaded Senior Financial Analyst, Investment Decisions Apply locations Toronto, ON time type Full time posted on Posted 2 Days Ago job requisition id JR133727 What you’ll do Reporting to the Manager, Investment Decisions, the Senior Financial Analyst role supports...

  • Senior Financial Analyst

    3 weeks ago

    Toronto, Ontario, Canada Annualytix Financial Services Inc. Full time

    Annualytix Financial Services Inc. is a company dedicated to design, develop and implement the Financial Plan for individuals, families and business owners. We provide the best possible custom designed financial solutions for you, your family and your business. We give you the best rate guarantee for qualifying clients. We have the experience to ensure their...

  • Senior Financial Analyst

    5 days ago

    Old Toronto, Canada Kassen Full time

    Our client is seeking a qualified individual for the role of Senior Financial Analyst. This position will primarily focus on financial reporting, with a significant emphasis on acquisition accounting. The successful candidate will serve as a crucial finance partner for subsidiary companies, providing essential financial guidance to their senior...

  • Senior Financial Analyst

    5 days ago

    Old Toronto, Canada Kassen Full time

    Our client is seeking a qualified individual for the role of Senior Financial Analyst. This position will primarily focus on financial reporting, with a significant emphasis on acquisition accounting. The successful candidate will serve as a crucial finance partner for subsidiary companies, providing essential financial guidance to their senior...

  • Senior Financial Analyst

    5 days ago

    Old Toronto, Canada Kassen Full time

    Our client is seeking a qualified individual for the role of Senior Financial Analyst. This position will primarily focus on financial reporting, with a significant emphasis on acquisition accounting. The successful candidate will serve as a crucial finance partner for subsidiary companies, providing essential financial guidance to their senior...

  • Senior Financial Analyst

    4 weeks ago

    Old Toronto, Canada Advatix Inc. Full time

    Our client is looking for a Senior Finance Analyst to join their team. The Senior Finance Analyst must be comfortable navigating operational databases, Hyperion Essbase, and Power BI and then leverage them to build reports that help the business meet our financial objectives. The ideal candidate is receptive to user feedback and eager to iterate if necessary...

  • Senior Financial Analyst

    4 weeks ago

    Old Toronto, Canada Advatix Inc. Full time

    Our client is looking for a Senior Finance Analyst to join their team. The Senior Finance Analyst must be comfortable navigating operational databases, Hyperion Essbase, and Power BI and then leverage them to build reports that help the business meet our financial objectives. The ideal candidate is receptive to user feedback and eager to iterate if necessary...

  • Senior Financial Analyst

    21 hours ago

    Old Toronto, Canada Advatix Inc. Full time

    Our client is looking for a Senior Finance Analyst to join their team. The Senior Finance Analyst must be comfortable navigating operational databases, Hyperion Essbase, and Power BI and then leverage them to build reports that help the business meet our financial objectives. The ideal candidate is receptive to user feedback and eager to iterate if necessary...

  • Senior Financial Analyst

    3 weeks ago

    Old Toronto, Canada Advatix Inc. Full time

    Our client is looking for a Senior Finance Analyst to join their team. The Senior Finance Analyst must be comfortable navigating operational databases, Hyperion Essbase, and Power BI and then leverage them to build reports that help the business meet our financial objectives. The ideal candidate is receptive to user feedback and eager to iterate if necessary...

  • Senior Financial Data Analyst

    3 weeks ago

    Toronto, Canada Brim Financial Full time

    Job Title: Senior Financial Data Analyst Position Description Brim is experiencing exponential growth. The candidate will have the opportunity to drive in-depth data analysis for internal and external customers. As Brim grows in the US market and expands globally, S/he will also support various initiatives to scale the finance function through data...

  • Senior Finance Analyst

    3 weeks ago

    Old Toronto, Canada IFG International Financial Group Ltd Full time

    Pay Rate: $40 Location: Toronto ON Job Type: Contract Our client, a large financial institution, is looking to add a Senior Financial Analyst to their team for a 1 year contract to help with their IFRS 17 transition. In this role, the Senior Financial Analyst will backfill the existing team for month, quarter and year end insurance reporting...

  • Senior Finance Analyst

    4 weeks ago

    Old Toronto, Canada IFG International Financial Group Ltd Full time

    Pay Rate: $40 Location: Toronto ON Job Type: Contract Our client, a large financial institution, is looking to add a Senior Financial Analyst to their team for a 1 year contract to help with their IFRS 17 transition. In this role, the Senior Financial Analyst will backfill the existing team for month, quarter and year end insurance reporting...

  • Senior Finance Analyst

    3 weeks ago

    Old Toronto, Canada IFG International Financial Group Ltd Full time

    Pay Rate: $40 Location: Toronto ON Job Type: Contract Our client, a large financial institution, is looking to add a Senior Financial Analyst to their team for a 1 year contract to help with their IFRS 17 transition. In this role, the Senior Financial Analyst will backfill the existing team for month, quarter and year end insurance reporting...

  • Senior Financial Data Analyst

    4 weeks ago

    Toronto, Canada Brim Financial Full time

    Job Title:Senior Financial Data AnalystPosition DescriptionBrim is experiencing exponential growth. The candidate will have the opportunity to drive in-depth data analysis for internal and external customers. As Brim grows in the US market and expands globally, S/he will also support various initiatives to scale the finance function through data queries /...

  • Senior Financial Analyst

    3 weeks ago

    Old Toronto, Canada Michael Garron Hospital Full time

    OVERVIEW Reporting to the Manager, Financial Planning and Reporting and the Manager, Capital and Treasury, the Senior Financial Analyst is responsible for the preparation of accurate and timely financial information for various programs of the Toronto East Health Network, including periodic and year-end audited financial statements. The Senior Financial...

  • Senior Financial Analyst

    3 weeks ago

    Old Toronto, Canada Michael Garron Hospital Full time

    OVERVIEW Reporting to the Manager, Financial Planning and Reporting and the Manager, Capital and Treasury, the Senior Financial Analyst is responsible for the preparation of accurate and timely financial information for various programs of the Toronto East Health Network, including periodic and year-end audited financial statements. The Senior Financial...

  • Senior Financial Analyst

    4 weeks ago

    Old Toronto, Canada Michael Garron Hospital Full time

    OVERVIEW Reporting to the Manager, Financial Planning and Reporting and the Manager, Capital and Treasury, the Senior Financial Analyst is responsible for the preparation of accurate and timely financial information for various programs of the Toronto East Health Network, including periodic and year-end audited financial statements. The Senior Financial...

  • Senior Financial Analyst

    21 hours ago

    Old Toronto, Canada Michael Garron Hospital Full time

    OVERVIEW Reporting to the Manager, Financial Planning and Reporting and the Manager, Capital and Treasury, the Senior Financial Analyst is responsible for the preparation of accurate and timely financial information for various programs of the Toronto East Health Network, including periodic and year-end audited financial statements. The Senior Financial...

  • Senior Financial Analyst

    3 weeks ago

    Toronto, Canada President's Choice Financial Full time

    Referred applicants should not apply directly to this role. All referred applicants must first be submitted through Workday by a current Loblaw Colleague. Location: 500 Lakeshore Blvd. West, Toronto, Ontario, M5V 2V9 When you hire great people, great things can happen. PC Financial offers unprecedented value to Canadians through payment...

  • Senior Financial Data Analyst

    4 weeks ago

    Toronto, ON, Canada Brim Financial Full time

    Job Title: Senior Financial Data Analyst Position DescriptionBrim is experiencing exponential growth. The candidate will have the opportunity to drive in-depth data analysis for internal and external customers. As Brim grows in the US market and expands globally, S/he will also support various initiatives to scale the finance function through data queries /...