Senior Financial Analyst / Principal - FinDev Canada

Export Development Canada; Montreal; Hybrid; CAD 92,000 - 143,000; Full time

Job summary

Join a dynamic team at a forward-thinking development financial institution where your expertise as a Senior Financial Analyst or Principal will drive impactful change in emerging markets. This role offers the opportunity to leverage your financial acumen to analyze results, enhance reporting, and provide strategic insights that contribute to sustainable development. Collaborate with talented colleagues in a supportive culture that values teamwork and innovation. Your work will have a lasting impact on communities worldwide, making this a fulfilling career choice for those passionate about finance and social impact.

Benefits

Comprehensive benefits package

Collaborative culture

Impactful work

Diverse and talented team

Qualifications

• Minimum 7-10 years of experience in financial analysis and accounting.
• Advanced knowledge of IFRS and strong analytical skills.

Responsibilities

• Lead forecasting and budgeting activities, delivering insights to stakeholders.
• Analyze financial results and ensure compliance with accounting policies.

Skills

Financial Analysis

Accounting (IFRS)

Budgeting

Forecasting

Data Analysis

Communication

Bilingual (French and English)

Education

Bachelor's degree in Business Administration, Accounting, Finance, or related field

Professional accounting designation (CPA or equivalent)

Tools

MS Excel

MS Word

MS PowerPoint

Cognos Disclosure Management

PeopleSoft Financials

TM1

Power BI

Job description

Description

Senior Financial Analyst / Principal - FinDev Canada - 0004YC

Posting Date:

Primary Location:

Job Type:

Permanent

Schedule:

Full-time

Are you ready to advance your career while impacting change in emerging markets?

We are looking for a Senior Financial Analyst or Principal!

Welcome to FinDev Canada, Canada’s development financial institution! We are looking for talented professionals to join our growing organization. At FinDev Canada, we are guided by our mandate and the opportunity to positively impact climate and nature action, gender equality, and market development. We drive sustainable development by working with and through the private sector.

This is your opportunity to join a growing, dynamic team and leave your mark on our organization, on development finance, and on the world at large.

Location:FinDev Canada headquarters is in downtown Montreal. For the right candidate, Ottawa or Toronto will be considered, with the flexibility to work under a hybrid model (home/office).

Team:Finance

Reports to:Paolo Beltrano

Employment Type:Permanent

• Senior Financial Analyst (18): $92,355 to $123,140 plus a performance-based incentive
• Principal (19): $107,132 to $142,842 plus a performance-based incentive

Why you’ll love working here:

• Impactful Work: At FinDev Canada, we are committed to promoting sustainable and inclusive growth in emerging markets and developing economies. Your work here will make a real difference, contributing to meaningful projects that have a lasting impact on communities around the world.
• Your Colleagues: Join a diverse and talented team that brings a wealth of experience, knowledge, and passion to everything we do.
• Collaborative Culture: Collaboration is at the heart of our success. At FinDev Canada, we believe that working together not only enhances our business but also strengthens our ability to achieve our mission. Our culture is built on mutual support and teamwork, ensuring that we collectively drive our mandate and strategy forward.
• Perks and Benefits: Our Total Rewards offering goes beyond just a paycheck. We provide a comprehensive package designed to meet the diverse needs and life stages of our employees.

Position Overview:

As a Senior Financial Analyst or Principal at FinDev Canada, you will play a key role in analyzing financial results and providing valuable insights to support our strategic goals. You'll leverage your accounting expertise to develop and enhance reports, ensuring accurate and timely financial information. By combining your solid accounting skills with a big-picture understanding of business results, you'll drive continuous improvements and impactful projects.

Our team fosters a collaborative and supportive environment, offering diverse opportunities to grow your skills and make a meaningful impact.

What you’ll be doing:

• Leads: all forecasting and budgeting activities and analyzes variations from budget.
• Delivers insights to financial and non-financial stakeholders: through variance analysis, forecasting, and long-range planning.
• Engage in Impactful Accounting: Perform essential accounting activities for administrative expenses, ensuring financial records and reports comply with IFRS and company policies.
• Policy Consistency: Guarantee the consistent application of accounts payable, accounts receivable, and procurement policies across the corporation.
• Financial Support: Provide critical financial support through accurate forecasting, budgeting, and analysis of budget variations.
• Insightful and Critical Analysis: Deliver valuable insights to both financial and non-financial stakeholders through comprehensive variance analysis, forecasting, and long-range planning. Analyze business unit results critically to meet financial reporting requirements and challenge assumptions as needed.
• Data Mastery and Enhancement: Work with large and complex data sets to conduct detailed financial analysis and modeling, aiding business unit decision-making and corporate planning. Identify opportunities to improve data usability and understandability.
• Clear Communication: Prepare clear and impactful communications and presentations for senior leadership on topics such as budget-to-actual variance analysis, trend and scenario analysis, and driver-based modeling. Explain complex issues clearly, using tact and diplomacy to persuade and inform others.
• Collaborative Efforts: Partner with the parent company on consolidation and cost-sharing activities, ensuring seamless financial operations.
• Versatile Contributions: Embrace additional responsibilities beyond core duties to drive the corporation's success and growth.

Key Responsibilities:

• Leads the development of the Corporate Plan and forecasting activities: including proforma financials and profitability analysis.
• Maintains and updates existing models and supporting databases: to ensure data is up to date, relevant and reconciling between various data sources.
• Transaction Management: Prepare, analyze, and report accounting transactions, ensuring the integrity and accuracy of financial records.
• Policy Compliance: Lead or support accounts payable, accounts receivable, and procurement tasks, collaborating with experts to ensure adherence to policies.
• Reporting Excellence: Prepare key sections of management discussion and analysis disclosures on a quarterly and annual basis.
• Regulatory Adherence: Ensure all reports and disclosures comply with government regulations, professional standards, and organizational policies.
• Safeguarding Assets: Establish and maintain accounting policies, fiscal controls, and complex financial reports to protect the organization's assets.
• Strategic Reporting: Create and maintain management reporting dashboards to provide forward-looking financial information.
• Internal Controls: Provide advice on internal control issues and implement reporting enhancements.
• Project Participation: Participate in system implementation or enhancement projects, consulting on and implementing reporting requirements.
• Standards Research: Research and interpret new accounting standards to assess their impact on financial reporting and accounting activities.

What we are looking for:

Must haves:

• Educational Background:A Bachelor's degree in Business Administration, Accounting, Finance, Commerce, or a related field.
• Professional Credentials:A professional accounting designation, such as CPA or equivalent.
• Experience:
  • Senior Analyst (18): Minimum 7 years of experience in business, accounting, and/or financial analysis. Candidate is an excellent communicator, has strong organizational and problem-solving abilities and proactively proposes solutions to leadership.
  • Principal (19): Minimum 10 years of experience in business, accounting, and/or financial analysis. Candidate is a subject matter expert in financial planning and financial administration, is an excellent communicator, has strong organizational and problem-solving abilities and proactively proposes sound financial guidance and solutions to leadership.
• Expertise: Advanced knowledge of IFRS, along with strong principles and practices in accounting and financial analysis.
• Analytical Skills: Proven ability to prepare and present complex quantitative and qualitative financial analyses clearly and concisely.
• Technical Proficiency: Excellent skills in MS Excel, Word, and PowerPoint, with a strong ability to work with complex databases.
• Language Proficiency: Bilingual in both official languages (French and English) - in the event that a qualified bilingual candidate is not identified, qualified unilingual candidates will be considered.

Nice to haves:

• Forecasting Expertise: Experience with forecasting and budgeting models.
• Cost Management: Proven experience in expense management and costing.
• Audit Experience: Background in auditing financial transactions.
• Consolidation Skills: Experience with consolidation and reporting to parent companies.
• Technical Proficiency: Familiarity with Cognos Disclosure Management, PeopleSoft Financials, TM1, and Power BI systems.
• Research and Recommendations: Experience in researching, providing recommendations, and drafting memorandums on accounting standards.

Ready to take the next steps? Apply now! Please include your resume and cover letter detailing your relevant experience and qualifications.

FinDev Canada is committed to creating a safe and inclusive environment that respects people from all cultures, backgrounds, and with a range of abilities, and nurturing a culture of inclusion and belonging where everyone has equal opportunity to grow, develop, succeed, and be their truest selves in an inclusive environment. We are committed to employment equity and actively encourage applications from women, Aboriginal people, persons with disabilities, and visible minorities.

How to apply

Only candidates selected for an interview will be contacted. Application deadline: Jan 18, 2025, 4:59:00 AM. EDC is committed to employment equity and actively encourages applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation. Candidates must meet the requisite government security screening requirements.