Sr. Financial Analyst, Corporate Finance

Align Technology; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A global leader in dental technology seeks a Senior Financial Analyst to manage and analyze operating expenses and corporate tax compliance. The ideal candidate will contribute to budgeting, forecasting, and financial decision-making, requiring strong analytical skills, financial modeling expertise, and CPA designation. This role involves working closely with various departments to ensure financial integrity and compliance, located in Toronto, Ontario.

Qualifications

• Minimum 6 years of Corporate Financial Accounting, Audit and Corporate Tax experience.
• Experience with FP&A supporting Sales or Marketing is preferred.
• Ability to analyze month-end results and update planning cycles.

Responsibilities

• Help create and maintain Align P&L for business units.
• Prepare journal entries and conduct account reconciliations.
• Support monthly financial close and forecasting processes.

Skills

Financial modeling

Analytical skills

Communication

Relationship building

Problem solving

Education

Bachelor's degree in Accounting, Finance, Economics, or related field

CPA designation

Tools

SAP

Business Objects

OneStream

Job description

Overview

Senior Financial Analyst, Corporate Finance with a focus on operating expenses for the Clear Aligner and iTero commercial business, and legal entity Corporate Tax compliance. This role will be responsible for analyzing and managing the company's operating expenses, sales performance, working with business partners in identifying areas for cost risks and opportunities, and leading oversight of the company's corporate tax filings and compliance while maximizing tax efficiencies. In addition, this role will contribute to financial decision-making, budgeting, forecasting, and ultimately improving the company's financial performance. The candidate will also be responsible for Legal Entity statutory financial reporting and filing with government authorities. This position is required to lead and provide accounting, compliance, and tax & treasury support. The Senior Financial Analyst will have exceptional skills with Excel, ERP software (preferably SAP RTR), accounting & reporting and financial planning tools. This position will perform journal entry preparation, accrual preparation, and monthly analysis of actual expense vs budget, and distribution of reports to cost center owners. The candidate will actively engage and lead discussions with business partners to support decision making on strategic investment opportunities and execution. This role will be responsible for month-end close activities including the identification and analysis of variances, including company-wide tracking of risks and opportunities to deliver on financial commitments. Strong ability to multi-task and prioritize competing priorities will be essential to the success of this role.

Collaboration and FP&A responsibilities

You will work together with various internal departments including Sales & Marketing support teams in analyzing costs and forecasting latest estimates for the quarter and full year. FP&A responsibilities include assisting with monthly, quarterly and annual forecast of sales, gross margin and operating expenses.

Responsibilities

• Help create, maintain and deliver the commercial and legal entity Align P&L for both CA and iTero businesses including Revenue, Gross Profit and Operating expenses
• Create and maintain budget / latest estimate tracking reports to help drive adherence to plans and explain any spending variances to management
• Period end preparation to ensure accuracy of financial statements including Journal Entry preparation, account reconciliation and accrual calculations
• Support the monthly financial close and monthly forecast process
• Ensure financial integrity and compliance with US GAAP
• Strong working knowledge of Canada Corporate Tax Income Act and government incentives
• Partner closely with the US head office finance teams to support the rollup of Canada’s results into Americas level reporting for executive presentation and review
• Maintain and design management reporting structure to align with complex internal reporting needs while maintaining legal entity compliances including GM, R&D, IT and Facilities.
• Prepare ad-hoc financial models pertaining to OpEx opportunities and risks
• Lead and manage monthly consumer media reconciliations with key internal business partners and external vendor teams on key material and high dollar value commitments
• Engage with the payroll department to ensure headcount cost center alignment, recording ADP bi-weekly payroll entries and monthly payroll accruals including vacation pay
• Actively monitor and manage Canadian bank balances and settle internal and intercompany clearing transactions
• Prepare monthly treasury cash hedge forecasts for global treasury teams to optimize organization cashflows
• Prepare and monitor complex ASC 842 lease accounting transactions and reconciliations including oversight of Canada’s True North Facility
• Engage with sales leaders and shared services team to manage and monitor customer credit limits to support customer growth and mitigate any potential for lost sales opportunities
• Lead tax engagement for year end corporate tax filings, transfer pricing agreements, and setup / reconciliation of future income tax assets / liabilities including coordination with external third party accounting firm to represent Align’s business specific needs
• Research and interpret latest corporate tax guidance based on CRA updates as applicable to legal entity structure to support compliance, tax optimization and identify key commercial growth opportunities related to evolving government programs
• Prepare fixed asset reconciliations, monitor and settle CIP balances, perform allocations and record depreciation in SAP
• Lead and manage key projects including vendor reconciliations, operational cost tracking and compliance with US GAAP statutory tax legislation

Qualifications

• Minimum 6 years of Corporate Financial Accounting, Audit and Corporate Tax experience
• CPA designation with experience in Audit & Assurance services at a Major public accounting firm (Preference but not a requirement), 2+ years of FP&A experience, supporting Sales or Marketing.
• University Bachelor’s degree in Accounting, Finance, Economics, or related field
• Experience in major ERP software (preferably SAP) and BI reporting (Business Objects), and planning systems (OneStream).
• Strong Working knowledge of GAAP and Canadian Corporate Tax
• Strong analytical skills and experience in building financial models in MS Excel required
• Strong ability to partner cross functionally through relationship building leveraging strong communication skills to influence and drive financial accountability across the organization
• Ability to prepare and present financial information to Senior leadership on monthly basis
• Ability to work in a fast-paced environment and prioritize time effectively, to meet deadlines with high quality deliverables.
• Comfortable analyzing month-end results and planning cycle updates (Volume, Revenue and OpEx), and identifying and resolving potential issues on a timely basis.
• Ability to problem solve, provide clear recommendations, and present effectively to support action as needed.

Additional Requirements

• Legally authorized to work in Canada and able to travel rarely to the United States

Work Schedule / Hours

• Standard 5 day and 40 hour work week
• In office 5 days per week

Pay Transparency

If provided, base salary or wage rate ranges are the range in which Align reasonably expects to set a candidate’s pay for the posted position. Actual placement depends on the individual skills and experience level of a candidate plus the total compensation and equity across team members. For other locations outside of the primary location, the base salary range will be adjusted geographically.

For Field Sales roles, the salary listed is the base pay only and does not include the applicable incentive compensation plan. A cost of living adjustment may be added to base pay for higher cost areas in the U.S.

Our internship hourly rates are a standard pay determined based on the position and your location, year in school, degree, and experience.