Senior Financial Analyst

Description

The Financial Analyst II as part of a team, provides complete financial support primarily to the Information Technology (IT) business function. In this role there will be four key areas of support required: 

Responsibilities

Reporting

• Process IT project invoices including validating against budgeted costs and capital expenditure split
• Identify expenses that should be capitalized and prepare documentation as per the process
• Prepare and process monthly accruals in support of Cost Centre reporting
• Prepare in-depth monthly variance analysis to tell the story for each IT Cost Centre
• Assist in preparation of materials and presentations for MBR, ECM, Steering Committees, Audit Committee, and Board of Directors
• Coordinate and consolidate submissions from multiple data sources
• Ability to prepare ad-hoc reports and analysis in a timely manner
• Assist in preparing reports for other SGA functions as a backup

  
Functional

• Support business case preparation and documentation for IT projects while providing financial and accounting perspective in preparation of funding requests
• Assist with the evaluation and analysis of Business Cases to ensure completeness for presentation
• Work with cost centre owners and portfolio directors to identify areas of financial risk and potential solutions to mitigate
• Develop an in-depth understanding of the IT business function processes to identify areas for improvement

Additional Responsibilities

Planning

• Co-ordinate and facilitate monthly forecast reviews and creation of tri-annual forecasts and following year budget for all cost centres in the IT hierarchy
• Work closely with our IT Shared Services Partner (Innovapost) to align on the IT Operations (Tier 1, Tier 2 and Tier 4) plan, forecast and variance analysis to be presented back to IT leadership
• Collaborate with the Planning team to ensure alignment with forecasting and budgeting processes and the output of these activities with the planning cycle
• Validate and Load IT budget to SAP. 

Maintenance of Process Integrity

• Provide quarterly ICFR updates to Internal Audit on identified processes in the functional area
• Assist in the creation and delivery of training to the broad finance team on the Investment policies and procedures
• Streamline current reporting requirements, evaluate and implement opportunities to automate current processes and leverage the use of SAP to improve efficiency and consistency
• Other duties required of the role

Experience

• 3 to 5 years’ experience in a similar role in a medium to large size company
• An accounting designation is preferred (CMA/CGA/CPA)
• IT background is preferred  
• Ability to manage multiple priorities and meet deliverables in a timely manner
• High proficiency in Microsoft Office (i.e. Excel, PowerPoint), knowledge of SAP is an asset
• Strong organizational, communication and problem solving abilities
• Ability to comfortably interact with all levels within the organization to achieve desired results
• Ability to prepare and present financial information in written and verbal format to non-financial individuals
• Ability to take initiative, be a self-starter and provide value added support
• Knowledge of the courier industry would be an asset
• Must be a team player