Financial Analyst

Job Posting Title

Financial Analyst

Job Category

Financial Planning & Analysis

Language Requirements

English / Anglais

Flexible Work Agreement Type

Hybrid / Hybride

Posting End Date

2025-06-12

Job Grade

FI-2

Pay Range

$96,968 - $126,931

Job Summary

The Financial Analyst is responsible for carrying out financial analysis in the preparation of financial statements, budgets and forecasts, ensuring adherence to International Financial Reporting Standards (IFRS), reasonableness of account balances, preparing and verifying journal entry adjustments and accruals, preparing required reports for month-end, quarter-end reviews, year-end audit and budget presentations, analyzing and challenging reasons for variance of actual expenditures from planned, and performing ad hoc accounting analysis.

Job Description

What NAV CANADA offers you:
- Challenging, team-oriented work environment- Competitive compensation and benefits- Defined benefit pension plan- Opportunities for growth and development- Flexible work arrangements- Diverse and inclusive workforce

Key Accountabilities:
- Carry out financial analysis, verification, processing and posting of journal entries to G/L including adjustments, accruals, reversals and recurring entries.- Ensure reasonableness of account balances. Analyze, review, verify, monitor and track transactions for operating and capital expenditures and staffing data, including extracting departmental data from forecasting/budgeting system.- Analysis of monthly variances of actual expenditures from planned.- Prepare monthly financial reporting for review by Senior Leadership Team.- Provide guidance, advice and support to departments on budgeting and forecasting as well as financial inquiries as it relates to business decision making.- Prepare and participate in consolidation of variance analysis to support departmental input for EMC and Board of Directors financial reports.- Undertake or participate in special projects, as assigned (e.g. benchmarking, business process analysis, cost analysis)- Work with Technology project managers to transfer completed projects to fixed assets on a timely basis.- Provide consolidation and synthesis of departmental forecast/budget to contribute to the development of overall NAV CANADA budgets, financial plans, and presentations to EMC and Board of Directors.- Provide periodic and ad hoc reports and annual submissions of budget reporting and respond to departmental and Corporate Controllership requests for information and reports.- Develop solid understanding of NAV CANADA business plan, delegation of financial authority, budgeting, forecasting and accounting policies and procedures.

Job Requirements

Education:
- Graduation with a bachelor's degree or diploma from a recognized university or college and acceptable specialization in commerce, business administration or related field.- Professional accounting designation (e.g. CPA) is an asset.

Experience:
- 5+ years of relevant experience in financial accounting and analysis.- Experience in financial analysis and manipulating large volumes of data. This would include strong computer skills, particularly with Excel, and the ability to present complex information in a clear and concise form.

Knowledge:
- Knowledge of accounting for operating and capital expenditure in accordance with IFRS, financial analysis, budgeting and forecasting, and financial administration policies, processes and/or procedures.- Knowledge of research, data collection, validation, verification and analysis methods and techniques for financial reporting and control systems. Abilities:
- Ability to communicate effectively, both orally and in writing, and to provide consultation and hands-on assistance to a client community.- Ability to work independently with minimum direction and supervision in a fast-paced demanding environment.- Ability to handle multiple client requests, initiatives and conflicting deadlines with confidence and appropriate level of management involvement.- Ability to review materials for accuracy and completeness and take appropriate action.

Personal Suitability:
- Self-motivated, well-organized and ability to work as part of a team and independently with mínimal supervision.- Investigative mindset with a desire to filter through high volumes of data to arrive at a solution.- Strong analytical and communication skills- Dependable and reliable (ability to meet responsibilities in a complete and timely manner)- Ability to build strong relationships with stakeholders.

Working conditions:
- This position is based at the Ottawa Head Office and is a hybrid position with a minimum - 1 day per week on site. However, effective this Fall (2025) there is a requirement of the employee to be in the office a minimum of 3 days per week.

NAV CANADA is committed to building a skilled, diverse workforce reflective of Canadian society. If you do not believe that you match every job requirement listed on this job posting, we s