Senior Associate, Transactions [Due Diligence]

Doane Grant Thornton LLP; Toronto; On-site; CAD 70,000 - 96,000; Full time

Benefits offered by this job

Profit sharing

Flex days

RRSP contributions

Wellness benefits

Concierge-like benefits

Work from anywhere in Canada (summer)

Job summary

Doane Grant Thornton is seeking a Senior Associate in Transactions to support financial due diligence on buy-side and sell-side engagements across Canada. You will lead data gathering, financial analysis, and reporting while liaising with clients and deal teams. The role demands strong Excel modelling, attention to detail, and the ability to work within a collaborative TAS group.

The position is based in Toronto, with opportunities for growth within the Transaction Advisory Services team.

Qualifications

• CPA designation close to achieved or active.
• 2–3 years of experience analysing financial statements or data.
• Undergraduate degree in business with finance or accounting focus.
• Proven academic achievement.

Responsibilities

• Execute buy-side and sell-side financial due diligence for buyers across industries.
• Prepare Excel-based data packs with ledgers, balances and sales data.
• Perform data analytics to quantify metrics like Adjusted EBITDA and working capital.
• Participate in client meetings and site visits to gather insights.
• Write due diligence reports with clear, actionable analysis.
• Maintain proactive, timely communications with deal teams.
• Support other transaction engagements and project administration.

Skills

Financial statement analysis

Excel advanced modelling

Data analytics

Independent worker

Strong communication

Education

CPA designation

Bachelor's in business (finance or accounting)

Tools

MS Excel

Power BI/Tableau

Job description

Who We Are

You know those big cities that still feel like small towns? Where everyone’s friendly and helps each other out? That’s like Doane Grant Thornton. Except here we’re all professionals and there isn’t a mayor or a general store. What we’re trying to say is that we’re a large and growing professional services firm that still feels like a community. We employ about 3000 people across Canada, and we truly care about our colleagues, our clients and the communities where we work and live. That’s what’s most important to us. We’re building a thriving organization that’s purpose driven and still want to remember what your favourite milkshake flavour is.

Who We Are

You know those big cities that still feel like small towns? Where everyone’s friendly and helps each other out? That’s like Doane Grant Thornton. Except here we’re all professionals and there isn’t a mayor or a general store. What we’re trying to say is that we’re a large and growing professional services firm that still feels like a community. We employ about 3000 people across Canada, and we truly care about our colleagues, our clients and the communities where we work and live. That’s what’s most important to us. We’re building a thriving organization that’s purpose driven and still want to remember what your favourite milkshake flavour is.

Our Advisory Services practice is looking for a Senior Associate to join our Transaction Advisory Services (TAS) team. The TAS team provides financial due diligence and transaction advisory services to middle-market private and public businesses across Canada and internationally. We work with private equity firms, strategic buyers, lenders, and business owners to support mergers, acquisitions, divestitures, and other strategic transactions.

You will play an integral role on client engagements by supporting and leading financial due diligence projects, analyzing financial and operational performance, identifying key business drivers, and assisting clients in evaluating transaction opportunities.

As a highly motivated professional, you will be expected to collaborate with other members of the TAS team on buy-side and sell-side due diligence engagements, quality of earnings analyses, working capital assessments, and other transaction-related advisory services.

As a Senior Associate, Transactions Your Responsibilities Will Include

• Execute buy-side and sell-side financial due diligence for financial and corporate strategic buyers from a variety of industries, including manufacturing and distribution, food & beverage, technology, business services, etc.


• Prepare Microsoft Excel based Analysis Packs (also referred to as Databooks) including preparing data (general ledgers, trial balances, and sales data), performing reconciliations, and ensuring integrity of data


• Undertake data analytics (using Analysis Pack, Tableau and other analytic software) to support quantification of transaction metrics (Adjusted EBITDA, Adjusted Working Capital, Net Debt, etc.) and derive insights on key trends and drivers of financial performance


• Actively participate in client meetings and site visits with owners and key executives to gather financial information and insights


• Write financial due diligence reports containing insightful analysis to support users of financial diligence report (clients, potential buyers, lenders and other decision makers) in making decisions with respect to the transaction and post-transaction integration


• Pro‑active, timely and collaborative communication to gather information and project management with deal team members including colleagues, clients, targets and other deal participants

• Involvement in other Transaction engagements and group administrative duties including but not limited to preparation of engagement letters, presentations for prospective clients, project management, etc.

Doane Grant Thornton

If you’re a bit like us, you’re driven to connect with how others are feeling and thinking. Here we walk in others shoes before taking action. Just imagine being part of a team that puts “we before me”, where flexAbility is a mindset, and where you trust your colleagues to have your back. At Doane Grant Thornton, you’ll work with inspiring leaders who support your development, both personally and professionally. This is a place where your insatiable curiosity enables you to think, see and hear from a variety of perspectives, a place where every day is different and having the courage to grow is part of who you are. And when all this comes together, well that’s when the magic happens!

Want to learn more about who we are and how we live our purple every day? Read our colleagues’ stories at www.discoveryourpurple.ca

Think you’ve got what it takes to be a Senior Associate, Transactions? Like the colour purple? Great. Here’s a few more boxes we’re also hoping you can tick:

• A CPA designation or close to achieving a CPA designation (have achieved all assurance & trademark tax hours)


• 2-3 years’ experience involving analysis of financial statements or other financial information, including financial modelling with Excel


• Undergraduate degree in business with a concentration in finance or accounting


• Proven track record of high academic achievement


• High proficiency with MS Office suite of products (Word, Excel, PowerPoint) with advanced Excel skills for financial modelling purposes


• Detail oriented in working with large data sets and through reconciliations and preparation of financial information


• Strong business acumen


• Strong business writing and communication skills


• Experience with industry standard accounting software (QuickBooks, Sage, Oracle, etc.) and data analytic tools (MS Power BI, Tableau) would be considered an asset


• Ability to work independently, yet works comfortably as part of a larger team


• Possesses confidence, ability and initiative to support the development of external relationships through networking and meeting with all levels of management and centers of influence

What's in it for you?

Profit sharing, Flex days, RRSP contributions, Firmwide holiday closure, Wellness benefits, Concierge‑like benefits, Work from anywhere in Canada in the summer for 4 weeks, and more!

At Doane Grant Thornton, we believe compensation should reflect more than just market data—it should reflect you. We’re serious about compensation. We benchmark regularly across a wide spectrum of roles, industries,sectors, and levels to ensure our ranges are both competitive and current. But we don’t stop there. We also consider the unique strengths, experiences, and impact each individual brings to the table. Our salary ranges are reviewed annually, and where you land within the range depends on a mix of factors—your background, your skills, and how your contributions align with internal equity. To help start the conversation, the current salary range for this role is $70,100 to $96,450 in Toronto, ON. If the role is available in other locations, the range may differ to reflect local market factors.

Our special culture shines through when we have the opportunity to connect in person. That’s why we’re working in a model where teams are required to be together in the office 4 days per week.

At Doane Grant Thornton we’re focused on making a difference in the lives of our clients, our colleagues and our communities. That’s our purpose. Or, as we like to say, living our purple.

Are you ready to Discover Your Purple?

Doane Grant Thornton is committed to employment equity, human rights and respectful workplace principles throughout the life cycle of employment, including at the recruitment and hiring stages. We welcome applications from members of all equity deserving groups, including persons with disabilities, women, racialized and/or Indigenous applicants. Should you require accommodation in relation to the recruitment process, please notify us by emailing and we will work with you to meet your accommodation needs.