Financial Analyst I

BGIS; Markham; On-site; CAD 54,185 - 67,732; Full time

Job summary

BGIS is seeking a Financial Analyst I in Markham, Ontario. The role involves providing transactional support within the accounting cycle and assisting in financial reporting and forecasting. Candidates should have a college degree or equivalent, along with 1-3 years of relevant experience.

Responsibilities include supporting internal reports, preparation of forecasts, and ensuring compliance with auditing standards. The position offers a salary range of $54,185 - $67,732 per annum based on experience and qualifications.

Qualifications

• Minimum of 1 to 3 years of related experience.
• Ability to prepare month end journal entries.
• Understanding of audit requirements.

Responsibilities

• Support preparation of internal reports.
• Provide trending analysis for forecasts.
• Identify discrepancies in transactional accounting.

Skills

Transaction processing

Analytical skills

GAAP knowledge

MS Office proficiency

Education

College/University degree or equivalent courses

Professional designation (e.g., CPA, CMA)

Tools

Accounting systems

MS Excel

Job description

JOB DESCRIPTION

The Financial Analyst I provides standard transactional support for a process within an accounting cycle, can communicate with concerned parties pertaining to transactions and provides support/input for analysis.

Key Duties & Responsibilities

Accounting

• Provides standard transactional support for a process within an Accounting cycle or client account / product line
• Ability to complete and resolve assigned basic account reconciliations independently.
• Identifies issues or discrepancies in basic transactional accounting.

Accounting Policy

• Understand GAAP requirements relevant to the financial cycle or portfolio supported

Audit Support and Controls

• Basic understanding of audit and internal control requirements
• Maintains accurate and complete records for audits
• Gathers audit support data upon request

Financial Systems

• Entry level knowledge of current accounting systems
• Proficient with MS Office suite of software including Excel
• Basic understanding of the interactions between financial systems related to the portfolio supported
• Able to work with IT and operational teams on basic system setups

Planning/Forecasting

• Simple data extracts to support the preparation of forecasts
• Provides relevant trending analysis to support the preparation of forecasts

Analysis

• Responds to internal requests for ad hoc analysis with guidance from senior team members

Reporting

• Support preparation of internal reports
• Support preparation of labor and payroll related reports
• Provides support/input into basic business cases

Scope/Complexity

• Single, high volume or multiple, low volume portfolios
• With standard transactions

Interaction with Concerned parties

• Some Concerned parties interaction with transactional level data
• Generate routine transactional data to support operational decision making

Financial Management/Contract Interpretation

• Awareness of financial obligations of portfolio
• Supports delivery of contract/portfolio deliverables of a financial nature in a timely and efficient manner, in areas of less complexity

Process Adherence / Implementation

• Understand basic business processes, ensures compliance and appropriate documentation

Problem Solving

• Identification of basic issues or discrepancies

Technical and Business Knowledge

• Has demonstrated a curiosity for the industry and business which they support.
• Has made initial connections with operational counterparts in support of transactional processes.

Knowledge & Skills

• College/University graduation or professional certification (e.g., CPA, CMA, CGA or equivalent courses)
• Minimum of 1 to 3 years of related experience.
• Ability to prepare month end journal entries to support proper transaction reporting
• Basic understanding of the interactions between sub ledger and general ledger
• Understanding of audit requirements
• Ability to identify issues or discrepancies in basic transactional accounting
• Ability to communicate processes and procedures within the team and to internal customers
• Ability to prepare basic memos and provide basic variance explanations.
• Entry level knowledge of current accounting systems and MS Office suite of software

Licenses and/or Professional Accreditation

• Registered in an Accounting designation program (CGA, CMA)

This is a regular, full-time position with a salary range of $54,185 - $67,732 per annum. The starting salary will be based on the successful candidate’s competencies, including but not limited to experience, education and performance related to this role.