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Entry Level Financial Analyst Jobs in Markham, ON

This entry-level role requires attention to detail, a developing analytical mindset, and the ... Collect and organize financial data relevant for tax reporting and analysis. Review system reports ...

Business Insights Analyst II

Toronto, ON · On-site

CA$81K - CA$115K/yr

Analytics, Insights, & Artificial Intelligence Pay Details: $81,600 - $115,200 CAD TD is committed ... TD is one of the world's leading global financial institutions and is the fifth largest bank in ...

Analytics, Insights, & Artificial Intelligence Pay Details: $81,600 - $115,200 CAD TD is committed ... TD is one of the world's leading global financial institutions and is the fifth largest bank in ...

Technical Accountant

Toronto, ON · Hybrid

CA$59K - CA$77K/yr

Adept at analytical thinking and problem-solving, Key Accountabilities Technical Accounting Tasks ... A comprehensive total rewards financial program which includes extensive flexible benefits and ...

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Entry Level Financial Analyst information

See Markham, ON salary details

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How much do entry level financial analyst jobs pay per hour?

As of Aug 25, 2026, the average hourly pay for entry level financial analyst in Markham, ON is $21.38, according to ZipRecruiter salary data. Most workers in this role earn between $17.08 and $24.37 per hour, depending on experience, location, and employer.

What is the job of an entry level financial analyst?

Entry-level financial analysts compile budget and income statement forecasts into reports. In this role, you analyze the information for a business and provide advice on how to improve the financial health of the company. As part of your duties, you may look at investments and stocks and provide information on their performance and how the company could better use their assets. You might also provide information on how to reduce operating costs. The entry-level financial analyst presents these findings to company decision-makers, who may not understand the nuances of accounting. Because of this, you may be required to explain your findings at a basic level.

What are the key skills and qualifications needed to thrive as an entry level financial analyst?

To thrive as an Entry Level Financial Analyst, you generally need a bachelor's degree in finance, accounting, or a related field, along with strong analytical and quantitative skills. Familiarity with Excel, financial modeling software, and sometimes experience with databases or ERP systems are typically required, and pursuing certifications like CFA Level I can be advantageous. Attention to detail, effective communication, and organizational abilities are standout soft skills in this role. These competencies are crucial for delivering accurate financial insights, supporting business decision-making, and ensuring reliable reporting within a fast-paced environment.

What are some common challenges faced by entry level financial analysts during their first year, and how can they overcome them?

Entry-level financial analysts often encounter challenges such as managing large volumes of data, meeting tight deadlines for reports, and quickly learning company-specific financial systems. To overcome these hurdles, it's helpful to actively seek mentorship from senior analysts, participate in training sessions to sharpen technical skills, and stay organized with task lists and calendar reminders. Building strong relationships with colleagues in finance and related departments can also provide valuable support and insight, making the transition smoother and more productive.

What is the difference between Entry Level Financial Analyst vs Financial Associate?

AspectEntry Level Financial AnalystFinancial Associate
Required CredentialsBachelor's in Finance, Economics, or related field; often some internship experienceBachelor's degree in Finance, Accounting, or related field; may require some certification
Work EnvironmentCorporate finance departments, investment firms, or banks; analytical and reporting tasksFinancial services firms, banks, or accounting firms; client-facing and support roles
Employer & Industry UsageCommonly used in finance, banking, and investment industriesUsed across banking, asset management, and financial services sectors

The main difference between an Entry Level Financial Analyst and a Financial Associate lies in their focus and responsibilities. Financial Analysts primarily analyze data, prepare reports, and support investment decisions, while Financial Associates often handle client interactions, support financial transactions, and assist with account management. Both roles require similar educational backgrounds, but their day-to-day tasks and career paths differ slightly, with Analysts more focused on analysis and Associates on client support.

Can I be an entry level financial analyst with no experience?

Entry level financial analyst positions typically require some knowledge of finance, accounting, or related fields, but many employers are willing to consider candidates with little to no professional experience if they demonstrate strong analytical skills, proficiency in Excel, and a willingness to learn. Internships, relevant coursework, or certifications like the CFA Level I can also improve chances of securing such roles. Employers often provide on-the-job training for entry-level candidates.

Is it hard to get hired as an entry level financial analyst?

Getting hired as an entry level financial analyst can be competitive, as employers often seek candidates with a bachelor's degree in finance, accounting, or related fields, along with strong analytical skills and proficiency in tools like Excel or financial modeling. Relevant internships or certifications such as CFA Level I can improve chances, but the hiring process typically involves multiple interviews and assessments. Overall, persistence and a solid understanding of financial principles are important for success in securing an entry level position.

What is an entry-level financial analyst?

An entry-level financial analyst is a professional who supports financial planning, analysis, and reporting within an organization. They typically perform data collection, financial modeling, and assist with budgeting and forecasting using tools like Excel, often requiring a bachelor's degree in finance, accounting, or a related field.

What job categories do people searching Entry Level Financial Analyst jobs in Markham, ON look for?

The top searched job categories for Entry Level Financial Analyst jobs in Markham, ON are:

What cities near Markham, ON are hiring for Entry Level Financial Analyst jobs?

Cities near Markham, ON with the most Entry Level Financial Analyst job openings:

Infographic showing various Entry Level Financial Analyst job openings in Markham, ON as of August 2026, with employment types broken down into 83% Full Time, and 17% Contract. Highlights an 67% In-person, and 33% Hybrid job distribution, with an average salary of $44,460 per year, or $21.4 per hour.

Financial Analyst I

Markham, ON • On-site

CA$54K - CA$67K/yr

Full-time

Re-posted 27 days ago


Job description

SUMMARY

The Financial Analyst I provides standard transactional support for a process within an accounting cycle, can communicate with concerned parties pertaining to transactions and provides support/input for analysis.

KEY DUTIES & RESPONSIBILITIES

Accounting
    Provides standard transactional support for a process within an Accounting cycle or client account / product line
    Ability to complete and resolve assigned basic account reconciliations independently.
    Identifies issues or discrepancies in basic transactional accounting.


Accounting Policy
    Understand GAAP requirements relevant to the financial cycle or portfolio supported


Audit Support and Controls
    Basic understanding of audit and internal control requirements
    Maintains accurate and complete records for audits
    Gathers audit support data upon request


Financial Systems
    Entry level knowledge of current accounting systems 
    Proficient with MS Office suite of software including Excel
    Basic understanding of the interactions between financial systems related to the portfolio supported
    Able to work with IT and operational teams on basic system setups


Planning/Forecasting
    Simple data extracts to support the preparation of forecasts
    Provides relevant trending analysis to support the preparation of forecasts


Analysis
    Responds to internal requests for  ad hoc analysis with guidance from senior team members


Reporting
    Support preparation of internal reports
    Support preparation of labour and payroll related reports
    Provides support/input into basic business cases


Scope/Complexity
    Single, high volume or multiple, low volume portfolios
    With standard transactions


Interaction with Concerned parties
    Some Concerned parties interaction with transactional level data
    Generate routine transactional data to support operational decision making

Financial Management/Contract Interpretation
    Awareness of financial obligations of portfolio
    Supports delivery of contract/portfolio deliverables of a financial nature in a timely and efficient manner, in areas of less complexity


Process Adherence / Implementation
    Understand basic business processes, ensures compliance and appropriate documentation


Problem Solving
    Identification of basic issues or discrepancies


Technical and Business Knowledge
    Has demonstrated a curiosity for the industry and business which they support.
    Has made initial connections with operational counterparts in support of transactional processes.
 

KNOWLEDGE & SKILLS

  • College/University graduation or professional certification (e.g., CPA, CMA, CGA or equivalent courses)
  • Minimum of 1 to 3 years of related experience.
  • Ability to prepare month end journal entries to support proper transaction reporting
  • Basic understanding of the interactions between sub ledger and general ledger
  • Understanding of audit requirements
  • Ability to identify issues or discrepancies in basic transactional accounting
  • Ability to communicate processes and procedures within the team and to internal customers
  • Ability to prepare basic memos and provide basic variance explanations.
  • Entry level knowledge of current accounting systems and MS Office suite of software

Licenses and/or Professional Accreditation

  • Registered in an Accounting designation program (CGA, CMA)

This is a regular, full-time position with a salary range of $54,185 - $67,732 per annum. The starting salary will be based on the successful candidate's competencies, including but not limited to experience, education and performance related to this role. 

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