Financial Analyst, Post Trade (15 month contract)

at  TMX

Venture outside the ordinary - TMX Careers
The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we’re powering some of the nation’s most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.
Ready to be part of the action?
Reporting to the Manager, Financial Planning & Analysis, Post Trade, this role provides front line support to CDS and CDCC businesses on management reporting, planning, forecasting and portfolio financial management. This role has direct engagement with management and predominantly engages with the director, manager and supporting staff and collaborates with other finance functions (teams) on various deliverables . This role is a key part of the Finance team that continues to earn a seat at the table to influence business decisions that will lead to overall growth and performance for TMX.
In addition to the role’s direct manager, this role will also provide support to the other members of the Post Trade finance team on the collective deliverables.
The FBP team is a client-centric finance group focused on advising business unit leaders and providing financial advice and insights in order to make better business decisions. As such, the department supports the end to end finance support cycle of forecasting, budgeting, analysis, accounting and management reporting for its business unit partners. In addition, the team acts as the business units’ guide to finance processes and works alongside the businesses to ensure compliance with finance policies and procedures.
Key Accountabilities
Business Unit Support
Full variance analysis, including detailed understanding on variances to budget, forecast, and prior year
Help deliver insights into the variances and root causes of financial performance
Support financial discipline across the CDS and CDCC business units, ensuring targets are met by identifying potential risks and opportunities and advise on action plans to address gaps
Counsel business unit leadership teams with respect to financial management and financial impacts of operational decisions
Analyze non-financial operating performance indicators, assessing trends and variances
Coordinate routine review meetings where necessary with management
Support the creation of the monthly, quarterly and annual management reporting packages
Support business case development, modeling/tracking, and post-mortem analysis
Support the annual budgeting and quarterly forecasting process including assisting in the creation of forecast data and inputting into forecasting systems
Prepare journal entries, identify and collect data and process key accruals/re-classification necessary to ensure completeness of liabilities and expenses. Perform quarterly reconciliations of relevant balance sheet accounts.
Use Workday functionality to identify and act on process efficiency opportunities in month-end processes

Please refer the Job description for details