Senior Financial Analyst

THE EMPIRE LIFE INS. CO • Kingston, ON

26d • CA$92,960 - CA$142,960 • Hybrid

About The Position

Empire Life is looking to hire a Senior Financial Analyst to join our Information Technology team! We are actively seeking candidates to fill a current, open position. We are seeking a highly analytical and strategic Senior Financial Analyst to act as a core finance partner for our department. In this role, you will bridge the gap between Corporate Finance and Technology, driving the end-to-end planning cycle, optimizing IT spending, and providing actionable insights on technology investments. The ideal candidate is a proactive problem-solver who excels in financial modeling, variance analysis, and translating complex data into executive-ready narratives. Operating under minimal to moderate supervision of the Director IT Finance and Governance.

Requirements

• Completion of a university degree or Bachelor's degree in a quantitative field such as business, accounting, finance, economics, mathematics, statistics, or information systems.
• 5+ years of progressive professional experience in accounting, corporate finance, investment administration, or tax compliance frameworks, preferably in the insurance or financial services sector.
• Advanced financial modeling skills (Excel) and experience with enterprise planning tools.
• Advanced knowledge of spreadsheet and database software with high proficiency in financial modeling, data query toolsets (SQL/ETL principles), relational databases, and core ledger architectures
• Proven ability to build relationships with non-finance stakeholders (e.g., IT Directors, Project Managers) and guide them through complex financial concepts.
• Excellent written and verbal communication traits, with proven comfort presenting synthesized findings to senior leaders and negotiating transactional outcomes with external stakeholders.
• Strong structural organization, with the capacity to prioritize multiple tasks and handle confidential information while working under intense deadlines.
• English language proficiency is required for communicating with customers, advisors, or employees across Canada.

Nice To Haves

• A professional accounting designation (CPA) and/or CFA designation is highly preferred.
• Familiarity with Cloud billing (FinOps) and Gartner benchmarking frameworks is a major asset.

Responsibilities

• Lead the consolidation and analysis of overall IT budgets and forecasts, preparing executive presentation slides and explaining variances.
• Partner closely with business leaders and Cost-Benefit Analysis (CBA) owners to update actuals, forecast numbers, and collaboratively explain variances.
• Develop robust financial models to forecast subsequent year expenses based on current-year trends.
• Provide financial oversight and support for IT expense optimization.
• Drive FinOps initiatives by partnering with technical teams to manage, monitor, and report on Cloud infrastructure expenses.
• Support Project Managers with rigorous reporting on project financials and external vendor spend.
• Manage comprehensive forecasting cycles including salary, benefits, and CPIP transfers, as well as external vendor and project actuals.
• Forecast and monitor IT investments by developing and updating Cost-Benefit Analyses (CBAs).
• Track the Return on Investment (ROI) of previous years' CBAs and model the future financial impact of planned IT investments.
• Maintain and track core Financial KPIs for the IT organization.
• Identify and implement continuous improvements across financial data, models, and overall reporting processes.
• Perform rapid, ad-hoc financial analysis for IT stakeholders, including YoY growth studies.

Benefits

• Hybrid work model
• Competitive salaries with annual pay increases
• Annual bonus program, which recognizes both strong company performance and individual contributions, for non sales positions
• Access to learning & development programs, and education/tuition reimbursement (role dependent), to support your professional growth and career advancement.
• A comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, health and dental and a generous health account
• Flexible work arrangements and an annual allotment of personal health days.
• Four weeks annual vacation from hire date
• A defined contribution pension plan with generous employer matching
• Top up programs for parental leave and compassionate leave
• Employer-sponsored wellness and recognition programs
• A cash employee referral program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior