Senior Financial Analyst

Banyan Software; Toronto; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

Join a dynamic and entrepreneurial software consolidator in a key financial role. As a Senior Financial Analyst, you'll play a pivotal role in supporting the growth of high-quality software businesses. This position offers the chance to engage in diverse financial operations, from preparing US GAAP financial statements to contributing to M&A integrations. You'll collaborate with a motivated team, leveraging your expertise to drive decision-making and enhance shareholder value. If you have a passion for finance and entrepreneurship, this is an exciting opportunity to make a significant impact in a rapidly growing company.

Qualifications

• Minimum 3 years experience in a finance/accounting role.
• Solid working knowledge of accounting principles and practices.

Responsibilities

• Prepare accurate US GAAP financial statements and board reporting.
• Support operational/financial integration of acquisitions.

Skills

US GAAP Financial Statements

Financial Reporting

Budgeting

Variance Analysis

Attention to Detail

Entrepreneurship

Education

University Degree in Business

University Degree in Accounting

University Degree in Finance

Accounting Designation (or working towards)

Tools

NetSuite

Job description

Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In recent years, Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000 and amongst the top 10 fastest-growing companies by the Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.

Job Profile:

This is an exciting and entrepreneurial opportunity to join a fast-paced software consolidator with a very significant growth trajectory.The Senior Financial Analystwill report to the Finance Manager or designate. This role will focus on partnering with operating and finance colleagues to support growing high-quality software businesses owned by Banyan Software. The position is ideal for an individual that has the interest and aptitude to be involved in all aspects of finance operations, including revenue recognition, accounts payables and expenses, cash management, financial reporting, and analysis, as well as systems. This finance group also aims to play a “value added” role by leveraging financial and other data to drive shareholder value.

Job Responsibilities:

• Prepare timely and accurate US GAAP financial statements, board reporting, budgets, and KPIs of operating companies to drive growth and smart decision-making.
• Perform quality assurance on finance and accounting work product (e.g., reviewing GL postings for accuracy, monitoring revenue recognition, refining variance explanations in reporting, etc.)
• Contribute to the operational performance of operating companies through analysis of budget-to-actuals, operational revenue and expense analysis, and insights that further facilitate decision making.
• Support the operational / financial integration of acquisitions and implement financial initiatives contemplated in M&A business cases.
• Development of ad hoc reports
• Document Standard Operating Procedures (SOPs) to promote best practices and efficiency across the portfolio.
• Provide financial advice and guidance to business as requested.

Job Requirements:

• Minimum of 3 years of experience in a finance/accounting role
• University degree in business, accounting, or finance will be preferred.
• Accounting designation or working towards a designation preferred
• Solid working knowledge of accounting principles and practices
• Experience with NetSuite is an asset.
• Excellent attention to detail and ability to manage multiple priorities.
• Highly motivated and energetic with interest in entrepreneurship, software, and finance

Diversity, Equity, Inclusion & Equal Employment Opportunity at Banyan: Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. As a collective, our goal is to impact lasting change through our actions. Together, we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.

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