Financial Analyst

People Corporation•Toronto, ON

35d•$70,000 - $80,000

About The Position

The Financial Analyst works closely with the Manager, Financial Analysis to understand the financial performance of the assigned portfolio. The analyst prepares and maintains monthly revenue files, calculates commissions for internal consultants, prepares annual budgets and rolling forecasts. The Financial Analyst will: 1) Financial Reporting & Analysis Review monthly financial data; identify, investigate, and explain variances in revenue and expenses. Analyze revenue streams, including new business, terminations, and other drivers impacting performance. Contribute with variance analysis and help identify underlying drivers impacting monthly and year to date performance. Contribute with validation of the accuracy and completeness of monthly financial reporting, including review of accounting entries. 2) Budgeting, Forecasting & Performance Management Support with preparation of annual budgets in partnership with the Manager, Financial Analysis. Assist in updating rolling forecasts and quantifying gaps between budget, forecast, and actuals. Contribute with variance analysis and help identify underlying drivers impacting in-year and year-over-year performance. 3) Commissions & Compensation Administration Calculate monthly, quarterly, and annual internal commissions accurately and on time. Ensure compliance with commission plan guidelines. Support ad hoc commissions analysis as needed. 4) Ad Hoc Analysis & Continuous Improvement Support process improvement initiatives to enhance accuracy, timeliness, and efficiency of reporting. Assist with additional analytical projects and requests as required.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or a related field.
1–3 years of experience in finance, accounting, or data analytics.
Analytical skills with the ability to work with large volumes of data.
Proficiency in Excel and Microsoft Office; experience with Power Query or Power BI is an asset.
High attention to detail and commitment to accuracy.
Strong communication and interpersonal skills; ability to work collaboratively in a fast‑paced environment.

Nice To Haves

Professional designations (CPA, CFA, MBA) considered an asset.
Proficiency in Excel and Microsoft Office; experience with Power Query or Power BI is an asset.

Responsibilities

Financial Reporting & Analysis Review monthly financial data; identify, investigate, and explain variances in revenue and expenses.
Analyze revenue streams, including new business, terminations, and other drivers impacting performance.
Contribute with variance analysis and help identify underlying drivers impacting monthly and year to date performance.
Contribute with validation of the accuracy and completeness of monthly financial reporting, including review of accounting entries.
Budgeting, Forecasting & Performance Management Support with preparation of annual budgets in partnership with the Manager, Financial Analysis.
Assist in updating rolling forecasts and quantifying gaps between budget, forecast, and actuals.
Contribute with variance analysis and help identify underlying drivers impacting in-year and year-over-year performance.
Commissions & Compensation Administration Calculate monthly, quarterly, and annual internal commissions accurately and on time.
Ensure compliance with commission plan guidelines.
Support ad hoc commissions analysis as needed.
Ad Hoc Analysis & Continuous Improvement Support process improvement initiatives to enhance accuracy, timeliness, and efficiency of reporting.
Assist with additional analytical projects and requests as required.