Senior Financial Analyst

Job Description: Senior Financial Analyst

We are seeking a highly skilled and detail-oriented Financial Analyst to join our team in Concord, Ontario, Canada. As a Financial Analyst, you will play a crucial role in providing accurate financial insights and analysis to support strategic decision-making and drive business growth. You will be responsible for conducting financial research, preparing reports, and collaborating with various departments to optimize financial performance.

Responsibilities:

1. Perform financial forecasting, budgeting, and variance analysis to identify areas of improvement and provide recommendations for cost reduction and revenue enhancement.
2. Analyze financial statements, including income statements, balance sheets, and cash flow statements, to assess financial performance and identify trends.
3. Develop and maintain financial models and tools to support financial planning and analysis activities.
4. Conduct profitability analysis and provide insights on product pricing, customer profitability, and market trends.
5. Assist in the preparation of financial reports, presentations, and dashboards for senior management and stakeholders.
6. Collaborate with cross-functional teams to analyze and evaluate investment opportunities, mergers and acquisitions, and other strategic initiatives.
7. Monitor and analyze key financial metrics, market trends, and economic indicators to identify potential risks and opportunities.
8. Assist in the development and implementation of financial policies, procedures, and internal controls to ensure compliance with regulatory requirements.
9. Provide ad-hoc financial analysis and support to various departments and management as required.
10. Stay updated with industry best practices, emerging trends, and regulatory changes to ensure accurate and relevant financial analysis.

Requirements:

1. Bachelor's degree in Finance, Accounting, Economics, or a related field.
2. Previous experience in Manufacturing industry is a strong asset.
3. Current accreditation or working towards CPA, CFA, FRM designation or other related degree or designation is an Asset.
4. Minimum five years of work experience as a Financial Analyst or senior accounting specialist or similar roles.
5. Strong analytical skills with the ability to gather, analyze, and interpret complex financial data.
6. Proficiency in financial modeling, forecasting, and budgeting techniques.
7. Advanced proficiency in Microsoft Excel and other financial analysis tools. Knowledge of financial software systems (e.g., ERP, CRM) is desirable.
8. Solid understanding of financial statements, accounting principles, and financial metrics.
9. Excellent communication skills, both verbal and written, with the ability to present financial information effectively to non-financial stakeholders.
10. Detail-oriented with strong organizational and time management skills to meet deadlines and manage multiple priorities.
11. Ability to work independently as well as collaboratively in a team environment.
12. Knowledge of the Canadian financial regulatory environment and compliance requirements.