Senior Financial Analyst
Empire Life Insurance
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Benefits offered by this job
Job summary
Empire Life Insurance seeks a Senior Financial Analyst to join the Information Technology team. You will lead IT budgeting, forecasting and modeling, partner with IT and business leaders, and drive end-to-end financial planning and cost optimization.
You will develop robust financial models, perform variance analyses, and translate complex data into executive-ready narratives while supporting investment decisions and KPI reporting.
Qualifications
- Bachelor’s degree in a quantitative field (business, finance, economics, math, statistics, information systems).
- 5+ years of progressive experience in accounting, corporate finance, investment administration, or tax frameworks.
- CPA and/or CFA designation is highly preferred.
- Advanced financial modelling skills (Excel) and experience with enterprise planning tools.
- Familiarity with Cloud billing (FinOps) and Gartner benchmarking frameworks is a major asset.
- Advanced knowledge of SQL/ETL, relational databases, and core ledger architectures.
Responsibilities
- Lead IT budgeting, forecasting and modeling, consolidating budgets and forecasts for executive presentations.
- Partner with business leaders to update actuals, forecasts and explain variances.
- Provide financial oversight for IT spend optimization and FinOps initiatives.
- Support Project Managers with reporting on project financials and external vendor spend.
- Develop and update CBAs and ROI analyses for IT investments.
Skills
Education
Tools
Job description
The total target compensation (TTC) range, including salary and target bonus, is $92,960 - $142,960 . This TTC range is applicable to permanent roles only. The actual base salary offered within this range will be determined by the successful candidate’s skills and experience, as well as internal equity.
Empire Life is looking to hire a Senior Financial Analyst to join our Information Technology team! We are actively seeking candidates to fill a current, open position.
We are seeking a highly analytical and strategic Senior Financial Analyst to act as a core finance partner for our department. In this role, you will bridge the gap between Corporate Finance and Technology, driving the end-to-end planning cycle, optimizing IT spending, and providing actionable insights on technology investments. The ideal candidate is a proactive problem-solver who excels in financial modeling, variance analysis, and translating complex data into executive-ready narratives. Operating under minimal to moderate supervision of the Director IT Finance and Governance.
- Our mission - Provide expertise and intelligent solutions to help Canadians navigate life with confidence.
- Join a transforming business - we are a medium-sized Canadian company in a stable industry that emphasizes the importance of innovation to use industry-leading technology.
- Impactful work - get the opportunity to work on meaningful projects that have a positive impact on our customers, our company, and society as a whole.
- Play an integral role - this is an opportunity that allows for you to grow your skills, while directly contributing to the business unit you are a part of.
Lead the consolidation and analysis of overall IT budgets and forecasts, preparing executive presentation slides and explaining variances.
Partner closely with business leaders and Cost-Benefit Analysis (CBA) owners to update actuals, forecast numbers, and collaboratively explain variances.
Develop robust financial models to forecast subsequent year expenses based on current-year trends.
Provide financial oversight and support for IT expense optimization.
Drive FinOps initiatives by partnering with technical teams to manage, monitor, and report on Cloud infrastructure expenses.
Support Project Managers with rigorous reporting on project financials and external vendor spend.
Manage comprehensive forecasting cycles including salary, benefits, and CPIP transfers, as well as external vendor and project actuals.
Forecast and monitor IT investments by developing and updating Cost‑Benefit Analyses (CBAs).
Track the Return on Investment (ROI) of previous years' CBAs and model the future financial impact of planned IT investments.
Maintain and track core Financial KPIs for the IT organization.
Identify and implement continuous improvements across financial data, models, and overall reporting processes.
Perform rapid, ad-hoc financial analysis for IT stakeholders, including YoY growth studies
Completion of a university degree or Bachelor's degree in a quantitative field such as business, accounting, finance, economics, mathematics, statistics, or information systems.
5+ years of progressive professional experience in accounting, corporate finance, investment administration, or tax compliance frameworks, preferably in the insurance or financial services sector.
A professional accounting designation (CPA) and/or CFA designation is highly preferred.
Advanced financial modeling skills (Excel) and experience with enterprise planning tools. Familiarity with Cloud billing (FinOps) and Gartner benchmarking frameworks is a major asset.
Advanced knowledge of spreadsheet and database software with high proficiency in financial modeling, data query toolsets (SQL/ETL principles), relational databases, and core ledger architectures
Proven ability to build relationships with non-finance stakeholders (e.g., IT Directors, Project Managers) and guide them through complex financial concepts.
Excellent written and verbal communication traits, with proven comfort presenting synthesized findings to senior leaders and negotiating transactional outcomes with external stakeholders.
Strong structural organization, with the capacity to prioritize multiple tasks and handle confidential information while working under intense deadlines.
If you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, or employees across Canada.
Our hiring process includes AI screening for keywords and minimum qualifications. Recruiters review all results .
For permanent full-time positions, Empire Life offers a comprehensive total rewards package that includes:
- Competitive salaries with annual pay increases
- Annual bonus program, which recognizes both strong company performance and individual contributions, for non sales positions
- Access to learning & development programs, and education/tuition reimbursement (role dependent), to support your professional growth and career advancement.
- A comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, health and dental and a generous health account
- Flexible work arrangements and an annual allotment of personal health days.
- Four weeks annual vacation from hire date
- A defined contribution pension plan with generous employer matching
- Top up programs for parental leave and compassionate leave
- Employer-sponsored wellness and recognition programs
Empire life is proud to be an equal opportunity employer. We celebrate diversity, are committed to creating an inclusive environment, and welcome everyone to participate in our application process. We encourage those of all backgrounds and experiences to apply, even if you don't believe you meet each unique qualification outlined. A pplicants will receive equal consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.
Empire Life is proud to be an equal opportunity employer, dedicated to building an inclusive and barrier-free workplace. We welcome applications from people with disabilities and are committed to providing accommodations at any stage of the recruitment process. If you require a specific adjustment to help you present your best self, please let us know—we are happy to work with you. If you need this job posting in an alternative format or have any accessibility questions, please contact recruitment@empire.ca .
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