Accounting and Financial Analyst

Vaco Recruiter Services; Toronto; Hybrid; CAD 95,000 - 105,000; Full time

Job summary

A leading utility service provider is seeking an Accounting and Financial Analyst to produce reports, analyze financial data, and support business units. The candidate should hold a four-year degree in business or commerce and be pursuing a CPA designation. Proficiency in reporting software and strong analytical skills are required. The role offers a hybrid work environment with a competitive salary range of $95,000 to $105,000 per year.

Benefits

Hybrid work environment

Work-life balance

Pension plan

Bonus

Benefits

Qualifications

• Four-year university education in business administration or commerce with an accounting/finance major.
• Experience in financial reporting, cost accounting, corporate accounting.
• Proficiency in Microsoft Office, especially advanced Excel.

Responsibilities

• Produce management reports identifying variances to budget and forecasts.
• Analyze financial control procedures and recommend improvements.
• Support business units in analysis of budgeted vs actual expenditures.

Skills

Financial reporting

Management reporting

Cost accounting

Full cycle accounting

Advanced Excel

SAP

Microsoft Power BI

Education

Four-year university education in business administration or commerce

Recognized accounting designation (CPA) in progress or completed

Job description

About the Company

Our client is a large electricity transmission and distribution service provider. They are looking for an Accounting and Financial Analyst to join their team!

Why Work Here

• Hybrid work environment
• Work-life balance
• Pension plan
• Bonus
• Benefits

About the Opportunity

• Utilize existing financial and management systems to gather and consolidate information to produce a variety of business information, including internal management reports identifying significant variances to budget and changes to forecast, and consolidated corporate finance reports. Coordinate, assemble and prepare data to support reporting to the executive team and regulatory reporting. Analyze data to ensure consistency with other internal reporting and alignment with corporate assumptions and strategies.
• Analyze impact of corporate reorganizations and ensure reporting reflects current structure and appropriate variances to prior period results.
• Support business units in their analysis and explanation of significant variations between budgeted/forecasted and actual expenditure.
• Review existing financial control procedures to ascertain their effectiveness and recommend improvements as required. Prepare new or revised procedures and assist in their implementation. Review cost control and financial reporting procedures, assess their effectiveness and recommend changes or improvements as necessary.
• Review, revise and coordinate reporting systems with a view to assessing their impact to ensure these systems reflect corporate needs. Assess problem areas, discuss with supervisor and assist in the development and implementation of revised systems. Drive automation to increase productivity and reduce risk of misstatements in reporting.
• Assist in defining requirements and evaluate outputs produced with the objective of providing a clearer picture of ongoing work.
• Attend staff meetings and participate in projects, as assigned.
• Perform other duties as required.

About You

• A four-year university education in business administration or commerce with an accounting or finance major, working towards or with successful completion of a recognized accounting designation (CPA).
• Familiarity with the regulated utility business.
• Required experience in financial reporting, management reporting, cost accounting, corporate accounting with knowledge of full cycle accounting.
• Proficiency in computer skills, including Microsoft Office applications; advanced Excel skills and familiarity with SAP and Microsoft Power BI is considered an asset.
• High initiative and independence in exploring system information/data and inter-business unit integration processes.
• Requires a knowledge of business/financial planning and cost accounting principles, financial analytical techniques and computer applications to develop, implement and maintain financial control systems.
• Demonstrated ability to function in an environment where continuous improvement is needed.
• Demonstrated effective listening, verbal and written communications skills.
• Excellent quantitative analysis skills.
• Ability to work cooperatively and develop trust and mutual respect for effective integration across multiple internal stakeholders and at multiple organizational levels.
• Demonstrated high level of initiative and organizational skills.
• High degree of personal commitment to excellence and continuous improvement.
• Demonstrated ability to be an agent of change.

Salary Range

$95,000 - $105,000 / year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.

When referencing this job, quote #464499

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.