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Senior Financial Analyst

2 weeks ago

Toronto, Ontario, Canada Bereavement Authority of Ontario Full time

What You Can Expect

The Senior Financial Analyst plays a key role in the financial management and strategic decision-making at the Bereavement Authority of Ontario (BAO). This position is responsible for financial analysis, budgeting, forecasting, and financial reporting to support the organization's fiscal integrity and operational efficiency. The Senior Financial Analyst works closely with senior leadership, providing insights and recommendations to enhance financial performance and sustainability. 

What You'll Do

  • Conduct financial analysis and modeling to support strategic decision-making and long-term financial planning.
  • Prepare, analyze, and present monthly, quarterly, and annual financial reports.
  • Lead the budgeting and forecasting processes, collaborating with internal stakeholders to ensure alignment with organizational goals.
  • Act as an advisor to the leadership team, providing financial insights that support decision making and organizational growth.
  • Monitor financial performance, identifying trends, risks, and opportunities for cost savings or revenue generation.
  • Support regulatory and compliance reporting, ensuring adherence to financial policies and applicable accounting standards.
  • Develop and improve financial systems, processes, and controls to enhance efficiency and accuracy.
  • Assist in the preparation of financial presentations for the senior management team and Board of Directors.
  • Provide financial insights for key projects, including policy development, operational initiatives, and investment decisions.
  • Collaborate with external auditors, ensuring timely completion of audits and addressing any recommendations.
  • Support risk management activities by identifying and mitigating financial risks, including compliance issues, fraud detection, and investment risk assessments. 

What You Bring to the Role

  • Bachelor's degree in finance, accounting, economics, or a related field; CPA designation preferred.
  • Minimum of 5 years of experience in financial analysis, budgeting, and reporting.
  • Strong knowledge of accounting principles, financial regulations, and reporting requirements.
  • Proficiency in financial modeling, forecasting, and variance analysis.
  • Experience with financial management software and QuickBooks.
  • Advanced proficiency in Microsoft Excel and financial reporting tools.
  • Strong analytical and problem-solving skills with attention to detail.
  • Excellent communication and presentation skills, with the ability to convey complex financial information to non-financial stakeholders.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Strong organizational skills and a proactive approach to process improvement.  

About the BAO 

The Bereavement Authority of Ontario (BAO) is a government delegated authority and not-for-profit corporation administering provisions of the Funeral, Burial and Cremation Services Act, 2002 (FBCSA). Accountable to the Minister of Public and Business Service Delivery and Procurement and the government, the BAO is responsible for the protection of the public interest. The BAO regulates, ensures compliance with the law, provides resources and services to licensed:

  • Funeral establishment operators, directors and preplanners;
  • Cemetery, crematorium and alternative disposition operators;
  • Transfer service operators; and
  • Bereavement sector sales representatives across Ontario.

The BAO is wholly funded by licensee fees (not tax dollars).

Why Choose the BAO?

Hybrid Work: Enjoy our flexible hybrid work schedule, with the ability to work remotely up to 3 days per week.

Comprehensive Personal Time Off: We advocate the importance of down-time and personal well-being, as demonstrated by our generous paid time off policies.

Wellness & Health Support: Take advantage of our extensive range of health benefits designed to prioritize both your physical and mental well-being.

Professional Development: Get assistance for continuous education and professional development to drive your career growth.

RRSP: Help build a secure financial future through our employer matched RRSP contribution plan.

The BAO offers a casual work environment, flexible work hours, and a competitive compensation and benefits package. The BAO is an equal opportunity employer and committed to fostering an accessible and inclusive environment for employees and licensees. If you require any accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let our HR department know and we will work with you to meet your needs.