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Job Title: Senior Financial Analyst   Date Posted: 11/15/24 Ref. Number: 209 Type: Full Time Part Time Location: Brampton Requirements: Required Skills and Qualifications: Advanced Financial Analysis Skills: Expertise in financial analysis, forecasting, budgeting, and financial reporting. Strong Financial Modeling Ability: Proficient in building and maintaining complex financial models using Excel, and financial modeling software. Attention to Detail: Accuracy and attention to detail in financial reporting and analysis. Communication: Ability to present complex financial information in a clear and actionable way for non-financial stakeholders. Technical Proficiency: Advanced knowledge of financial software, ERP systems (e.g., SAP, Oracle), and data analysis tools (e.g., Power BI, Tableau). Leadership Skills: Ability to mentor and guide junior analysts and work collaboratively with cross-functional teams. Problem-Solving: Strong analytical thinking and problem-solving abilities, with a focus on making data-driven decisions. Industry Knowledge: Familiarity with industry-specific financial metrics, challenges, and trends. Description: Financial Analysis & Reporting Analyze Financial Performance: Review financial statements (income statements, balance sheets, cash flow statements) to assess company performance and identify trends, variances, and areas of concern. Variance Analysis: Investigate and explain the reasons for variances between actual financial results and budgeted/forecasted figures, providing actionable insights to management. Prepare Detailed Reports: Generate comprehensive financial reports for senior executives, highlighting key performance metrics, financial trends, and potential risks or opportunities. Financial Forecasting: Develop and maintain financial forecasts, providing visibility into future financial performance and advising on potential risks or opportunities. 2. Budgeting and Forecasting Lead Budget Process: Oversee and coordinate the annual budgeting process, working closely with department heads and management to ensure alignment with organizational goals. Forecasting: Prepare monthly, quarterly, and annual financial forecasts, updating them as needed based on actual performance and market conditions. Scenario Planning: Conduct sensitivity and scenario analysis to understand the potential impact of different business conditions on financial outcomes. Capital Planning: Evaluate and provide recommendations for capital expenditures and investment strategies, ensuring alignment with the company’s growth strategy and financial capacity. 3. Financial Modeling & Valuation Build Financial Models: Create and maintain complex financial models to assess business performance, investment opportunities, pricing strategies, and new projects. Evaluate Investments: Conduct financial modeling and valuation analysis for potential investments, mergers, acquisitions, and other corporate transactions. ROI & NPV Analysis: Perform return on investment (ROI), net present value (NPV), and internal rate of return (IRR) analyses to evaluate the financial viability of new initiatives. 4. Strategic Financial Planning Support Decision-Making: Provide financial insights and recommendations to support strategic decision-making, including pricing strategies, cost-cutting measures, and new business ventures. Cost Management: Identify opportunities for cost reductions and operational efficiencies across departments and business units. Performance Metrics: Develop key performance indicators (KPIs) and other metrics to measure financial health and performance, supporting ongoing strategy reviews. 5. Financial Systems and Process Improvement Improve Financial Processes: Continuously assess and improve internal financial systems and processes to enhance reporting accuracy, efficiency, and timeliness. Automation & Technology: Implement and utilize financial systems (e.g., ERP systems, business intelligence tools) to streamline financial analysis and reporting processes. Data Integrity: Ensure the integrity and accuracy of financial data by identifying errors or inconsistencies in reports and ensuring compliance with accounting standards. 6. Cross-Functional Collaboration Work with Other Departments: Collaborate with various departments (e.g., operations, marketing, sales) to understand financial impacts and develop cross-functional financial strategies. Guide Junior Analysts: Mentor and supervise junior financial analysts, providing guidance on financial analysis techniques, reporting, and professional development. Project Support: Provide financial expertise and analysis for special projects, product launches, or departmental initiatives as requested by senior management. 7. Risk Management & Compliance Assess Financial Risks: Identify financial risks (e.g., market fluctuations, liquidity issues, regulatory changes) and provide recommendations on mitigating those risks. Ensure Regulatory Compliance: Ensure that financial reports and forecasts comply with applicable regulations, accounting standards (GAAP or IFRS), and internal policies. Audit Support: Assist in the preparation of audit reports and work with external auditors to ensure accurate financial reporting. 8. Ad-hoc Analysis and Special Projects Conduct Ad-hoc Analysis: Provide ad-hoc financial analysis for executive teams, including profitability studies, cost-benefit analyses, and financial impact assessments for new initiatives. Support M&A Activity: Play a key role in mergers, acquisitions, divestitures, or joint ventures by evaluating financial performance, due diligence, and post-merger integration strategies. 9. Communication and Presentation Present Financial Data: Present complex financial data and insights to senior leadership in a clear, concise, and actionable manner. Executive Briefings: Prepare and deliver presentations to executives, summarizing financial performance, projections, and strategic recommendations. Stakeholder Management: Act as a liaison between finance and other departments, ensuring that financial information is communicated effectively to all relevant stakeholders. Hours per week: Mon - Fri (Hybrid) 40 Rate of Pay: 90,000 - $110,000 + bonus + 5% RSP matchinh Contact: Ramein Ayaz Telephone: 905-453-7896 Fax: 905-453-7894 Email: rayaz@jobskills.org