Financial Analyst – Banking

JOB DESCRIPTION

Location: Hybrid | Downtown, Toronto

Duration:

Our client a leading financial institution in Downtown Toronto is looking for a Financial Analyst – Banking to download multiple reports from various platforms and combining them into Excel (supporting the centralization). The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada.

Typical Day in role:

  • Point of contact for financial questions/ needs (provide any required details and reporting figures to stakeholders i.e. how much do we expect to see coming in forecast)
  • Forecast, accruals updates and management between stakeholders
  • Cost tracking and financial reporting metrics
  • Other administrative tasks as required
  • Working with Delivery Managers and cross functional SMEs to correctly collect and record accruals information
  • Working with Delivery Managers to create and maintain project forecast
  • Track project budgets and expenditures, monitor transaction controls and costs against budgets.
  • Predict potential budget overruns and offer solutions.
  • Recognizing and bringing exceptions to policies and procedures to the attention of Director for further guidance and resolution.
  • Assist Director in various team-related tasks, resolution of exception items as well as special project-related work.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
  • Oversee team’s invoice processing and maintenance.

Must-Have Skills:

  • 10+ years’ experience working in the capacity of a Financial Analyst
  • 5+ years’ experience managing budgets for large scale programs ($20+ million)
  • Seeking a senior resource with forecasting, budget planning, variance analysis, and providing reports to executive management.
  • Strong recent experience with Canadian Banking and financial institutions
  • Advanced Excel experience: working with large volumes of data, index match, VLOOKUP, complex formulas, experience centralizing information into Excel

Nice-To-Have Skills:

  • Financial modelling experience is an asset
  • Knowledge of software asset management, software lifecycle, or end-of-life software risk practices.
  • Familiarity with Agile or hybrid delivery environments.

Soft Skills Required:

  • Great verbal and written communication skills are central to this role, as the financial analyst will regularly be presenting to and communicating with executive stakeholders.
  • Attention to detail
  • Critical thinking

Education:

  •  Bachelor’s degree in a related field such as business, finance, or commerce required

Finance professional is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, color, religion, national origin, sex, physical or mental disability, or age.