Senior Financial Analyst

Ontario Cannabis Store; Toronto; Hybrid; CAD 85,000 - 95,000; Full time

Job summary

A provincial cannabis regulatory body in Toronto is seeking a Senior Financial Analyst. This role focuses on financial monitoring and reporting, ensuring compliance with IFRS and enhancing internal controls. The successful candidate will have over 4 years of experience in financial analysis and auditing, with a CPA designation preferred. This position offers a hybrid work model and a competitive salary range of $85,000-$95,000.

Qualifications

• 4+ years of relevant work experience in financial control environments.
• Experience with audit or internal control management.
• Expert understanding of ICFR environments.

Responsibilities

• Develop and maintain internal control framework over financial reporting.
• Manage integrity and accuracy of financial close cycles.
• Collaborate on variance analysis and financial insights.

Skills

Financial analysis

Internal controls

IFRS compliance

Risk mitigation

Automation

Education

Bachelor’s degree in accounting, finance, business administration, or commerce

Chartered Professional Designation (CPA)

Tools

Microsoft Power BI

Microsoft Dynamics 365 (D365)

Job description

About Us

The Ontario Cannabis Store provides safe, responsible access to recreational cannabis for adults 19 and older. We operate the sole legal online store for recreational cannabis in Ontario and are the provincial wholesaler of cannabis for private retail stores.

Working at the OCS is a unique opportunity to be part of an agile start-up in a ground-breaking new industry. We’re a diverse team passionate about delivering a great customer experience, working together with mutual respect and building value out of our differences. We’re an inclusive organization that understands that delivering great results comes out of ensuring every voice is heard.

About the Role

We’re looking for a Senior Financial Analyst to join our team, specializing in financial monitoring and reporting. In this role, you will provide leadership in strengthening the organization’s internal controls, financial compliance, and reporting frameworks, in alignment with IFRS, OPS directives, and public sector accountability requirements. You will bring specialized expertise in analysis, reporting, and compliance to develop accounting systems and resolve financial challenges.

This position oversees key elements of the financial close process, supports the development and maintenance of accounting policies, and advises on technical accounting matters and financial risk mitigation. You will collaborate with the business to foster a strong control environment, deliver timely reporting, and ensure alignment on financial governance and performance. As a champion of continuous improvement, you will leverage automation, analytics, benchmarking, and process enhancements to promote strong fiscal management and financial operational effectiveness.

About Your Day

• Lead the development, implementation, and maintenance of a strong internal control framework over financial reporting, ensuring compliance with IFRS, OPS directives, and public sector governance requirements.
• Oversee the design, execution, and enhancement of business controls, accounting processes, and risk mitigation strategies across the organization.
• Manage the integrity, accuracy, and timeliness of monthly, quarterly, and annual financial close cycles, including journal entries, reconciliations, and financial statement preparation.
• Govern and update finance-related policies to remain compliant with legislative changes, accounting standards, and operational requirements.
• Provide expert technical accounting guidance on complex transactions, new standards, and non-routine matters, supported by research and impact analysis.
• Drive process improvement initiatives through automation, analytics, benchmarking, and enhanced monitoring tools.
• Collaborate with FP&A, business units, and senior leadership on variance analysis, KPIs, and strategic financial insights.
• Lead audit readiness and engagement with internal/external auditors, ensuring timely resolution of findings and implementation of remediation measures.
• Conduct industry and financial benchmarking, including monitoring licensed producer and retailer financial performance.
• Support the preparation of Board and executive-level financial reports, dashboards, and annual MD&A commentary.
• Respond to ad-hoc financial reporting requests, ensuring meaningful analysis, actionable recommendations, and strong compliance.
• Foster a culture of continuous improvement in financial governance, operational effectiveness, and accountability.

About You

• Bachelor’s degree in accounting, finance, business administration, commerce, or equivalent.
• 4+ years of relevant work experience in business and financial control environments, and financial analysis.
• 4+ years of relevant experience from large public accounting firms auditing or reviewing companies of all sizes and public status type.
• 4+ years of relevant work experience in audit or internal control management.
• Chartered Professional Designation (CPA), or equivalent.
• Expert understanding of internal control over financial reporting (ICFR) environments and requirements.
• Advanced technical knowledge and application of International Financial Reporting Standards (IFRS).
• Intermediate Microsoft Office skills (i.e. Excel, Power-Point, Share-Point, Teams and One-Drive).
• Proficiency in Microsoft Power BI, OneStream (FP&A CPM Tool), or similar reporting and corporate performance management software is strongly preferred
• Proficient in Microsoft Dynamics 365 (D365) Finance (OCS’s accounting system) is an asset

About the Job

• This position currently offers a hybrid work schedule. The current in office requirement is a minimum of 3 days/week (may be more depending on business needs). The OCS office is located near York Mills and Yonge Street. However, OCS reserves the right to change this policy and its office location at any time.
• City: Toronto, ON
• Employment Type: Permanent, Full-Time
• Required Travel: Rare, usually within the GTA

Compensation

The target hiring range for this position is $85,000-95,000. This is a pay grade 6 role, with a salary range of$71,777.30 -$ 107,379.81.Placement in the salary range will be based on factors such as market conditions, internal equity, and candidate experience, skills, and qualifications relevant to the role.

We are committed to providing an accessible, equitable and inclusive candidate and employee experience. We provide reasonable accommodation throughout the recruitment process and in employment. If you require an accommodation please let us know, we will work with you to meet your needs.