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A leading company is seeking a Senior Financial Business Analyst to enhance financial processes and controls. This role involves documenting workflows, recommending improvements, and preparing reports for senior leadership. Candidates should have a strong background in finance, business analysis, and effective stakeholder engagement.
Job Summary:
The Senior Financial Business Analyst will support the CFO office by documenting current financial and administrative processes and identifying areas for improvement. This role is crucial for enhancing internal controls, operational efficiency, and compliance within the finance function. The analyst will collaborate with the finance team and other stakeholders to analyze workflows, recommend improvements, and implement optimized processes to achieve organizational goals. This includes leading process documentation, identifying inefficiencies, recommending new controls, supporting change management initiatives, and reporting findings to senior leadership. Location: Toronto, Ontario, Canada
Responsibilities: - Lead comprehensive documentation of existing financial and administrative processes.
- Create detailed process maps, flowcharts, and documentation for all finance functions (e.g., financial accounting, reconciliations, reporting, capital expenditures, accounts receivable/payable, budgeting, forecasting, taxes, payroll, revenue recognition, employee reimbursements, procurement, cash management, board/executive reports).
- Analyze workflows to identify inefficiencies, bottlenecks, risks, and compliance gaps.
- Gather requirements and validate findings with internal stakeholders.
- Recommend new or enhanced internal controls and process improvements.
- Support change management initiatives, including communication and training.
- Prepare reports and presentations for senior leadership.
- Maintain awareness of best industry practices, regulations, financial policies, and relevant requirements.
- Provide a summary report of findings to the CFO.
Required Skills & Certifications: - Bachelor's degree in finance, business administration, or a related field.
- Minimum 5-7 years of progressive business analysis experience in finance or the public sector, preferably in senior or lead roles.
- Strong expertise in process mapping, workflow analysis, and business process improvement methodologies.
- Deep understanding of financial controls, compliance frameworks, and regulatory requirements.
- Demonstrated ability to engage effectively with diverse stakeholders, including senior executives.
- Excellent analytical, problem-solving, and critical thinking skills.
- Proficiency in business analysis tools (e.g., MS Visio, BPMN, JIRA) and Microsoft Office Suite.
- Strong written and verbal communication skills.
Preferred Skills & Certifications: - Advanced degree or professional certification (CBAP, PMP, CPA).
- Experience with change management practices.
- Knowledge of Ontario public sector processes. Special Considerations:
- None specified. Scheduling: - Not specified.