Financial Analyst

at  NAV Canada

Job Posting Title
Financial Analyst
Job Category
Financial Planning & Analysis
Language Requirements
English / Anglais
Flexible Work Agreement Type
Hybrid / Hybride
Posting End Date
2024-05-02
Job Grade
FI-2
Pay Range
$90,084 - $117,921
Job Summary
The Financial Analyst is responsible for carrying out financial analysis in the preparation of financial statements, budgets and forecasts, ensuring adherence to International Financial Reporting Standards (IFRS), reasonableness of account balances, preparing and verifying journal entry adjustments and accruals, preparing required reports for month-end, quarter-end reviews, year-end audit and budget presentations, analyzing and challenging reasons for variance of actual expenditures from planned, and performing ad hoc accounting analysis.
Job Description

Key Accountabilities

• Carry out financial analysis, verification, processing and posting of journal entries to G/L including adjustments, accruals, reversals and recurring entries.
• Ensure reasonableness of account balances. Analyze, review, verify, monitor and track transactions for operating and capital expenditures and staffing data, including extracting departmental data from forecasting/budgeting system.
• Analysis of monthly variances of actual expenditures from planned.
• Prepare monthly financial reporting for review by Senior Leadership Team
• Provide guidance, advice and support to departments on budgeting and forecasting as well as financial inquiries as it relates to business decision making.
• Prepare and participate in consolidation of variance analysis to support departmental input for EMC and Board of Directors financial reports.
• Undertake or participate in special projects, as assigned (e.g. benchmarking, business process analysis, cost analysis)
• Work with Technology project managers to transfer completed projects to fixed assets on a timely basis.
• Provide consolidation and synthesis of departmental forecast/budget to contribute to the development of overall NAV CANADA budgets, financial plans, and presentations to EMC and Board of Directors
• Provide periodic and ad hoc reports and annual submissions of budget reporting and respond to departmental and Corporate Controllership requests for information and reports.
• Develop solid understanding of NAV CANADA business plan, delegation of financial authority, budgeting, forecasting and accounting policies and procedures.

Education

• Graduation with a bachelor’s degree or diploma from a recognized university or college and acceptable specialization in commerce, business administration or related field.
• Professional accounting designation (e.g. CPA) is an asset

Experience

• 5+ years of relevant experience in financial accounting and analysis
• Experience in financial analysis and manipulating large volumes of data. This would include strong computer skills, particularly with Excel, and the ability to present complex information in a clear and concise form.

Knowledge

• Knowledge of accounting for operating and capital expenditure in accordance with IFRS, financial analysis, budgeting and forecasting, and financial administration policies, processes and/or procedures
• Knowledge of research, data collection, validation, verification and analysis methods and techniques for financial reporting and control systems
• Knowledge of presentation, consultation, and writing methods and techniques, as well as various software applications, automated tools and systems to carry out the work.

Abilities

• Ability to communicate effectively, both orally and in writing, and to provide consultation and hands-on assistance to a client community.
• Ability to work independently with minimum direction and supervision in a fast-paced demanding environment.
• Ability to handle multiple client requests, initiatives and conflicting deadlines with confidence and appropriate level of management involvement.
• Ability to review materials for accuracy and completeness and take appropriate action.

Personal Suitability

• Self-motivated, well-organized and ability to work as part of a team and independently with minimal supervision.
• Investigative mindset with a desire to filter through high volumes of data to arrive at a solution.
• Strong analytical and communication skills
• Dependable and reliable (ability to meet responsibilities in a complete and timely manner)
• Ability to build strong relationships with stakeholders.

Working Conditions
This position is based at Ottawa Head Office and is classified as hybrid.
NAV CANADA is committed to building a skilled, diverse workforce reflective of Canadian society. If you do not believe that you match every job requirement listed on this job posting, we still encourage you to apply. NAV CANADA encourages a culture of learning and growth, and recognizes that although some technical skills are mandatory, many others can be taught.
Our Company strives to create an inclusive and barrier-free selection process and work environment. If you require accommodations during this competition process, please ensure that you inform the interview coordinator or hiring manager of any accommodation measures you may require. NAV CANADA will provide accommodations throughout the recruitment and selection process to applicants with disabilities as required.
The successful candidate must meet the security requirement of the position and be legally able to work in Canada.
We thank all applicants for their interest; only those selected for an interview will be contacted.
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Please refer the Job description for details