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Financial Analyst

2 months ago

Etobicoke, Ontario, Canada IC Savings Full time
Job Title: Financial Analyst

IC Savings is seeking a highly skilled Financial Analyst to join our team. As a Financial Analyst, you will be responsible for executing a diverse range of functions, including the preparation and submission of monthly, quarterly, and year-end financial and regulatory reports.

Key Responsibilities:
  • Prepare and submit financial reports in compliance with regulatory requirements, including the development and submission of supporting schedules and documentation.
  • Utilize financial reporting systems to generate comprehensive reports and ensure data accuracy by reconciling outputs with relevant General Ledger accounts.
  • Conduct detailed analysis of monthly risk and performance reports, including accompanying notes and commentary, for review by senior management.
  • Produce and analyze daily reports on liquidity, foreign exchange balances, and other critical metrics to assist in the management of financial operations.
  • Reconcile registered product records with Central 1 to ensure the accuracy of reported data and compliance with regulatory requirements.
  • Monitor and review the credit union's current accounts on a daily basis, analyzing significant fluctuations and providing explanations for any material changes.
  • Assist the CFO in organizing and prioritizing the workflow within the Finance team, ensuring efficient execution of tasks and alignment with departmental goals.
  • Prepare additional financial reports and analyses as requested by management to support strategic planning and decision-making.
  • Liaise with internal and external auditors and prepare documentation for interim and year-end audits.
Requirements:
  • At minimum, three (3) years of relevant work experience, preferably in financial services.
  • Bachelor's degree in finance and accounting or a related field; professional designation (e.g. CPA, CFA) or working towards strongly preferred.
  • Proficiency in Advanced Excel (Macros, VLOOKUP, PivotTables, etc.) with working knowledge of MS Word and Outlook.
  • Excellent analytical and problem-solving skills with keen attention to detail.
  • Strong communication and interpersonal skills, with the ability to work effectively in a team environment.
Working Conditions:
  • Professional, team-oriented, office environment.
  • Standard corporate business hours based on 37.5-hour work week; ability to work extended hours from time to time.
  • The physical demands are those of an office environment, including sitting, considerable use of computer and phone, occasional moving of items up to 25 pounds in weight.