Financial Analyst
Location Address: WFH – Scarborough
Contract Duration: 9 months- possibility for extension on conversion
Number of Positions: 1
Schedule Hours: 9- 5
Reason: Backfill
Story Behind the Need:
Business group: Strategic Portfolio Office – Strategic Portfolio Office (SPO) IT Finance team provides financial support to Canadian Banking Technology (CBT) and Global Wealth Management Technology (GWMT) teams, and is responsible for planning, forecasting and reporting on the Operational Costs for each of the teams..
Project: Primarily responsible to conduct data conversion, execute reporting and financial analysis, and modelling of financial data. The incumbent will work closely with Business and Finance to process accruals and complete financial month end close. The financial analyst will continuously look for ways to streamline the reporting processes, improve reporting and analysis efficiencies, and to deliver accurate financial management reports and dashboards to senior management.
Candidate Value Proposition: This is a unique role with a combination of Business and Finance. The candidate will gain exposure to various areas within the bank along with senior level executives. –
Typical Day in Role:
• Assist Senior Manager in financial modeling, reporting, and analysis in support of monthly forecasting and reporting, and month end closing
• Maintain large data excel sheets with key financial data
• Ensure data integrity, accuracy and completeness
• Develop and report on key metrics and support management on planning, forecasting and actuals
• Responsible for completing Finance Templates accurately on a quarterly basis as well as completing forecasting submissions
• Create and upload monthly POWER BI dashboard data feed, validate, upload results, and reconcile with financial reports
• Prepare Monthly Project Forecast Warning preliminary and final reports, communicate the results to key stakeholders, and follow up for the reasons if the issues unable to be addressed
• Identifies process improvement opportunities and efficiencies. Build templates and processes with ensuring data accuracy and process efficiencies
• Provide ad-hoc support as needed
• Leverages strong written and verbal communication skills in support of management reports and presentations
• Develop and maintain strong working relationships with team members and key business partners
Candidate Requirements/Must Have Skills:
1. 2 + years of experience as a Financial Analyst within Finance or accounting role
2. Previous experience organizing large amounts of data
3. Must have excellent Excel skills
4. Previous experience with forecasting, budgeting, and performing a month end close
Nice-To-Have Skills:
1. Financial modelling
2. CMA – or working towards
Soft Skills Required:
Excellent communication skills – oral and written
Able to handle a variety of tasks
Strong organizational skills
Able to work in a team and independently
Education: Post-secondary
Candidate Review & Selection
2 video interview process with Senior Manager approx.. 30 min
Hiring Manager’s availability to interview: ASAP