Senior Financial Analyst

Banyan Software; Toronto; On-site; CAD 95,000 - 100,000; Full time

Job summary

Banyan Software in Toronto seeks a Senior Financial Analyst to partner with operating and finance teams across our portfolio of software companies. You will focus on revenue recognition, cash management, and financial reporting to drive shareholder value.

This role offers exposure to full-cycle finance operations including budgeting, variance analysis, and the integration of acquisitions. You will develop ad hoc analyses and SOPs to promote best practices across Banyan's expanding portfolio.

Qualifications

• Minimum of 3 years of experience in a finance/accounting role.
• University degree in business, accounting, or finance preferred.
• Accounting designation or working towards a designation is a plus.

Responsibilities

• Prepare timely 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.

Skills

Finance

Accounting

Attention to detail

Education

University degree in business/finance

Tools

NetSuite

Job description

Banyan Software is the best permanent home for software businesses that serve specialized industries, their employees, and their customers. With a buy-grow-and-hold-for-life approach and a permanent capital base, Banyan acquires and grows companies worldwide, honoring founder legacies and helping portfolio companies modernize through shared AI expertise and operational discipline. Founded in 2016, Banyan operates more than 120 portfolio companies across North and South America, Europe, and APAC, and has appeared on the Inc. 5000 list for six consecutive years. The Banyan Software Foundation, endowed with $100 million in Banyan stock, leverages technology to build a greener and more equitable world.

About the Role

Banyan Software is the best permanent home for software businesses that serve specialized industries, their employees, and their customers. With a buy-grow-and-hold-for-life approach and a permanent capital base, Banyan acquires and grows companies worldwide, honoring founder legacies and helping portfolio companies modernize through shared AI expertise and operational discipline. Founded in 2016, Banyan operates more than 120 portfolio companies across North and South America, Europe, and APAC, and has appeared on the Inc. 5000 list for six consecutive years. The Banyan Software Foundation, endowed with $100 million in Banyan stock, leverages technology to build a greener and more equitable world.

This is an exciting and entrepreneurial opportunity to join a fast-paced software consolidator with a very significant growth trajectory. The Senior Financial Analyst will report to the Finance Manager or designate, and will focus on partnering with operating and finance colleagues to support growing high-quality software businesses owned by Banyan Software.

This position is ideal for an individual with 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, and systems. The finance group also plays a "value added" role by leveraging financial and other data to drive shareholder value.

The Role

• 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.

Qualifications for Success

• Minimum of 3 years of experience in a finance/accounting role.
• University degree in business, accounting, or finance 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.

Compensation Range - 95000 - 100000 CAD and Bonus + Options Value

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.

Recruitment Notice

Banyan Software may use artificial intelligence (AI) tools to assist in screening and/or assessing applicants during the recruitment process. All hiring decisions are made by our team. Personal information submitted through your application will be collected and used for recruitment purposes in accordance with applicable privacy laws. Contact us at any time with questions about our process or to request accommodation.

Beware of Recruitment Scams

We have been made aware of individuals fraudulently posing as members of our Talent Acquisition team and extending fake job offers. These scams may involve requests for personal information or payment for equipment.

Protect yourself by following these steps:

• Verify that all communications from our recruiting team come from an @banyansoftware.com email address.
• Remember, employers will never request payment or banking information during the hiring process.
• If you receive a suspicious message, do not respond — instead, forward it to [e-mail] and/or report it to the platform where you received it.

Your safety and security are important to us. Thank you for staying vigilant.