Project Financial Analyst

  • Location: Toronto, Ontario
  • Type: Contract
  • Job #1405
Junior Project Financial Analyst
(8 month contract -Work from Home)

Description:

Reporting to Senior Finance Lead, Project Financial Controls
Location: 40 King Street West, 68th floor, WFH for now (no timeline to go back to the office yet)
Duration: 8 months+
Extension/ FTE: Potential for extension or perm
Hours: 37.5/ week, 9:00 am – 5:00 pm (standard office hours)

Story behind the need: HM is looking for someone to support themselves and another team member with new project

Business group: This Project Financials Control Group looks after financials for all projects under Global Banking and Markets. They are involved with the creation of the business cases and continue to manage the financial tracking, cost classification, time expenses and tying costs back to the original business case throughout the project lifecycle.

Project: Financial Administration project where the bank has expanded the project scope of centralizing functions within all of GBM. * Still within the initial phase of the project

Candidate Value Proposition:
– Team is expanding rapidly (potential for future job opportunities)
– Exposure to many different stakeholders and departments in this role (sometimes even working with CFO level sometimes)

Typical Day in the role:
– 70% maintenance, 30% standard reporting and maintaining relationships and communicating the project financial piece
– Downloading multiple reports from various platforms and combining them into Excel (supporting the centralization)
– Point of contact for financial questions/ needs (provide any required details and reporting figures to stakeholders ie. how much do we expect to see coming in in forecast)
– Invoice processing and maintenance
– Timesheet monitoring using Clarity, Fieldglass and JIRA/Confluence, how many timesheets will they be monitoring (managing 50-60 resources)
– Maintaining vendor relationships (approx. 30-40 vendors overall)
– Forecast, accruals updates and management between stakeholders
– Contract management and record keeping
– Cost tracking and financial reporting metrics
– Other administrative tasks as required

Must have hard skills:
1. Advanced Excel (index match, vlookup, complex formulas, experience centralizing information into Excel)
2. 1-2 years of experience working with large volumes of data within Excel
3. 1-2 years’ experience with accruals and forecasting
4. Basic accounting/ finance knowledge (specifically – Actuals vs. Accruals vs. Forecast, Capital vs. Operating expense, how financial projects work, development vs. research phases etc…)

5. Understanding of the nature of project financials and related challenges

Nice to have hard skills:
1. Knowledge of project management and timesheet management tools such as Clarity, Fieldglass and JIRA/Confluence
2. Capital market knowledge (as the team is dealing with regulatory projects)- knowing general framework of how it works, why are regulations created in the first place (knowing related terminology will help them communicate with PMs and other stakeholders)
3. Experience managing project financials

Soft Skills:
– Superior attention to detail
– Self-starter and willing to learn
– Strong ethics (dealing with sensitive information)
– Ability to work well on a team
– Analytical mindset and ability to articulate complex issues
– 5/5 communication skills

Education: Bachelor's degree (any), open to strong recent grads if they have relevant co-op experience (reporting and financial management)

Interviews:
– 1 round interview
– Interview availability: ASAP

Additional details:
– This role will be very Excel heavy, HM looking for someone that does not need to be trained on centralizing data and overall, 1-2 years relevant work experience.

To Apply: 

Please apply with resume in Word format.

About Us:

We specialize in the recruitment of high performing, talented, Accounting, Finance, and Project Professionals who are being sought after by top tier companies for permanent, contract and project opportunities in Banking, Finance and Accounting. As a relationship first company, we build win-win partnerships with the candidates and companies we work with. Our focus is to make sure that we get it right the first time saving you time, money and energy during the search process. As your trusted recruitment advisor, we work hard to ensure that you have the very best experience in your search.