Financial Analyst

7 months ago

Mississauga, Canada Baylis Medical Technologies Inc. Full time

**The Big Picture**

Reporting to the Senior Financial Analyst, the Financial Analyst will be an integral part of the growing Finance team and will be responsible for ensuring timely, accurate and comprehensive financial and investment performance reporting.

**Impact Through Innovation**

The person in this role will work closely with the Senior Finance Analyst and other team members and will have primary responsibilities pertaining to the not-for-profit foundations and certain secondary responsibilities relating to the family office holding companies. Specifically, the responsibilities will include:
Primary
- Maintaining up to date accounting records for the foundations created by the family office based on ASNPO standards including:

- Updating the accounting system with the monthly investment portfolio transactions and reconciling the accounting and investment reporting system
- Recording expenses and intercompany transactions, including monthly intercompany reconciliations with family office and operating companies
- Posting bank transactions and performing bank reconciliations
- Recording of contributions to the foundations and donation activities
- Processing credit card claims
- Drafting financial statements
- Creating cash flow forecasts
- Reviewing transaction reports and other statements received from custodians, banks, fund administrators and fund managers to ensure that the transactions are accurately captured, classified and reconciled
- Maintaining the investment reporting system, including following workflows for updating prices / valuations, creating new accounts, assets and maintenance of various related data elements.
- Validating vendor information and setting up payments and transfers for the foundations
- Providing HST and other requisite data to the tax team to support tax filings for the foundations
- Assistance in preparing and providing information to the auditors
- Assisting with setting up and maintaining bank and investment accounts of the foundations, as well as other treasury activities
- Gather financial and non-financial KPI data from other charitable organizations to which the foundations may be considering donating, to aid decision-making.

Secondary
- Assistance with handling correspondence and paperwork to execute on new investments for the family office entities, including account openings, subscription documents and other KYC information submissions.
- Carrying out certain analyses, as assigned.
- Performing secondary checks on the investment data in the investment reporting system and maintaining schedules to support the same.
- Acting as a backup for team members working on the holding companies for the AP process
- Working with the team to identify process efficiencies and implementing new processes.
- Assistance and hands-on involvement in various projects, as may be required.

**Your Unique Expertise**

**Required skills**:

- Utmost integrity and discretion
- University degree in Accounting & Finance
- 2+ years of work experience as a financial analyst
- Strong MS Excel skills
- Strong analytical skills, accuracy and attention to detail
- Proven ability to think strategically and to improve processes and strategies
- Self-starter mindset, who is able to work both independently and as part of a small team

**Asset skills**:

- Interest in investment accounting, risk and performance measurement for investment portfolios
- Ability to foster effective working relationships internally across the organization
- Experience bookkeeping for multiple entities in a multi-currency environment
- Experience in finance for not-for-profits
- Experience with Sage Intacct and/or Addepar

**Our Distinctive Edge**
- Effortless commute: say goodbye to commuting challenges/hassles with our complimentary shuttles and subsidized transit options, making your journey to work a breeze.
- Work-life integration: Embrace a well-balanced work-life rhythm through our hybrid model and flexible hours, empowering you to thrive both personally and professionally.
- Making a difference: Be a force for good with one dedicated day off for impactful volunteering, supporting causes close to your heart.
- Nurturing your career: Propel your career forward with abundant opportunities for on-site training, workshops, and personal development.
- Rewards that count: Reap the benefits of our comprehensive rewards package, including tuition reimbursement and a health spending account.
- Unleash your spirit: Join a thriving workplace culture filled with employee-led clubs, campaigns, sports teams, and exhilarating activities - fostering camaraderie and fun.

**Our Impact**

Baylis Medical Technologies is a leader in the development and manufacturing of innovative medical devices in the fields of radiology and cardiovascular. Headquartered in Canada, the company also provides contract manufacturing services to some of the world’s leading medical device companies.

Please inform us if you require any accommodati

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