Financial Analyst

President’s Choice Bank; Old Toronto; Hybrid; CAD 50,000 - 90,000; Full time

Job summary

An innovative bank is seeking a Finance Analyst to join their collaborative team in Toronto. This role is pivotal in managing daily accounting and reconciliation activities, ensuring the integrity of financial data, and supporting business projects. With a focus on continuous improvement, you'll work closely with various teams to streamline processes and enhance efficiency. If you're passionate about finance and looking to make an impact in a supportive environment, this opportunity is perfect for you. Join a bank that values diversity and empowers its employees to thrive while delivering exceptional value to customers.

Qualifications

• Minimum 1 year of accounting and finance experience required.
• Strong technical skills in IFRS, audit, SAP, and Excel.

Responsibilities

• Manage daily accounting, settlement, and reconciliation activities.
• Coordinate with Treasury and Shared Services for finance processes.

Skills

Accounting

Finance

SAP

IFRS

Excel

Interpersonal Skills

Analytical Skills

Education

Post-secondary education in Business, Accounting or Finance

CPA designation or in advanced stages

Tools

Database Management

Audit Tools

Job description

Time left to apply End Date: January 18, 2025 (23 days left to apply)

Job requisition id R2000528528

Referred applicants should not apply directly to this role.

All referred applicants must first be submitted through Workday by a current Loblaw Colleague.

Location: 500 Lake Shore Boulevard West, Toronto, Ontario, M5V 2V9

When you hire great people, great things can happen.

PC Financial offers unprecedented value to Canadians through payment products. We're a different kind of bank with a different type of team—we’re collaborative and supportive and have the freedom and responsibility to thrive. Our purpose is to make the everyday simple and better for our customers, and we strive to make every dollar worth more.

Proudly serving over 3 million customers, PC Financial continues to grow by offering payment solutions and services that reward our customers every day. As a subsidiary of Loblaws Company Inc., we share the CORE values of Care, Ownership, Respect and Excellence. We are dedicated to helping Canadians Live Life Well. Join us on our journey.

*Our hybrid model requires this role to be in office 4 days a week with flexible working hours at our Bathurst/Lakeshore location.*

Why This Role is Important:

Reporting to the Senior Manager of the Accounting Operations team, the Finance Analyst role involves managing daily accounting, settlement, and reconciliation activities performed by the finance team. This role encompasses a broad scope and requires an excellent understanding of accounting policies, processes, and controls, as well as their operation within the credit card environment. It also necessitates ensuring the integrity of the reported financial data. Additionally, this role supports the Senior Manager with business projects to ensure the effective and efficient integration of new product offers and accounting policies into existing accounting processes.

What You'll Do:

• Responsible for accounting processes related to PC Financial products (PC Money Account and PC Mastercard)
• Provide guidance to outsourced accounting vendors and communicate the changes related to their day-to-day processes and create procedural manuals for them
• Monitor and highlight items requiring further investigation into outstanding balances and issues
• Prepare Balance Sheet reconciliations monthly and additional commentary on a quarterly basis as required
• Liaise with business partners and other lines of business to obtain relevant data, solve problems and create efficient processes
• Coordinate with Treasury, Shared Services, SAP and Business Project Teams to ensure accurate set up of finance processes
• Focus on a continuous improvement mindset, offering alternatives for creating process efficiencies and reducing manual work
• Ad hoc requests and reporting as required

What You'll Need:

• Post-secondary education in Business, Accounting or Finance
• Completion of CPA designation, or in advanced stages of program
• A minimum of 1 year of accounting and finance experience
• Retail banking and TSYS experience would be an asset
• Strong technical skills (IFRS, audit, SAP, excel, database etc.)
• An aptitude for figures and attention to detail
• Strong interpersonal and communication skills
• Effective verbal and written skills
• Excellent planning, organizational and analytical skills
• Demonstrated ability to interact with people at various levels of an organization

Come and join a winning team who demonstrates innovation, energy, creativity and vision. We recognize the importance of a diverse workforce and therefore encourage applications from Aboriginal Peoples, women, members of a visible minority and persons with a disability. We thank all applicants for their interest; however, only those selected for an interview will be contacted.

Number of Openings: 1

PC Financial recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and colleagues with disabilities.

Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.

About Us

Together, we are an organization committed to transforming the everyday banking experience, and providing our customers with the unprecedented value they deserve. We’re looking for entrepreneurial spirits to drive this vision forward, and because our business model is one-of-a-kind, our talent has to be just as unique.

That’s where you come in. We will equip you with the freedom to envision, conceptualize and collaborate in a fast-paced environment, and you’ll discover what it’s like to push the limits and draw on the talent of your peers. This experience empowers our colleagues on their journey every day, making our promise and vision simple. Come work for a Canadian bank that thinks differently.

A NOTE ON RECRUITMENT FRAUD

Please be advised that recruitment fraud has affected a number of Canadian companies. In such schemes, individuals posing as legitimate recruiters may request personal information and payment from those seeking employment. Loblaw Companies Limited, its subsidiaries, and recruiting agencies will never ask for payment at any stage in the recruitment process.

To avoid falling victim to recruitment fraud:

• Do not respond to unsolicited offers from people you are unfamiliar with
• Do not disclose personal or financial details via text messages
• Check any documents for poor grammar and spelling as this is often a warning sign of fraud
• Beware of employers or agents using webmail email addresses such as @Yahoo or @Hotmail
• Hover over email addresses to check the sender’s details
• If you are asked for payment of any kind from a recruiter, contact your local police department as this is very likely to be fraud