Financial Analyst

Magical•Toronto, ON

40d

About The Position

You'll sit at the center of how Magical tracks and manages its money — what we're spending, what we're earning, and what we're owed. You'll help us make faster, sharper decisions by building the reporting that shows where the business stands, and help us stay disciplined by owning the day-to-day mechanics of collections, invoicing, and spend. This is a role for someone who can both build a process where none exists and execute the day-to-day work once it does. You'll support monthly and quarterly expense analysis, ARR tracking and reporting, churn analysis, invoicing, collections, spend management through Ramp, and quarterly close alongside our external accountant. You'll become the person the team turns to when they need a straight answer on where the company's money is going and coming from.

Requirements

1–2 years of experience in finance, accounting, or FP&A
Deep analytical skill set — comfortable going beyond surface-level reporting to dig into root causes; able to spot trends in noisy data, build financial models that hold up under scrutiny, and translate numbers into a clear narrative for decision-makers
Hands-on experience with QuickBooks, Ramp or a similar spend management software, and CPQ software
Strong Excel/Google Sheets skills (financial modeling, complex formulas)
Strong written and presentation skills — able to communicate financial data clearly to non-finance stakeholders
Track record of both designing a process and running it — not just one or the other
Startup experience — comfortable with ambiguity and building process from scratch

Nice To Haves

Genuinely curious about the numbers: You don't wait to be asked why something moved — you go find out. Financial data is something you naturally gravitate toward, not something you tolerate.
Fast-paced and get-it-done: You operate with a real sense of urgency — equally willing to run a quarterly close and chase down a single overdue invoice.
Trusted and precise: You know finance runs on accuracy and trust. You double-check your own work, flag issues before they become problems, and never let "close enough" slide on a number.
Continuous learning mindset: You're energized by building from the ground up - designing a process that doesn't exist yet, testing it, and iterating as needed
Comfortable owning ambiguity: No one hands you a finished playbook. You bring structure to messy problems and figure out the right process as you go.
A team player: You collaborate seamlessly across sales, ops, and leadership, and you communicate financial results in a way that gives the whole team clarity on where the business stands.

Responsibilities

Run monthly and quarterly expense analysis - where we're spending, and why spend spiked or shifted
Build and maintain an ARR dashboard; track and report on ARR monthly and quarterly
Invoice customers and own the collections effort — follow up on receivables and drive resolution
Manage the spend program end-to-end: pay merchant invoices, allocate budgets and cards
Design and continuously optimize company-wide spend
Track churn and identify trends
Support quarterly book close, working directly with our external accountant