Financial Analyst

POSITION OVERVIEW:

Reporting to the Director, Financial Planning and Analysis, this role will be key in helping The Globe carry out its annual strategic plan. The Financial Analyst will support monthly revenue and expense forecasts, annual budget, variance analysis, and other projects requested by senior management. The successful candidate will provide insights to support optimal business decision making. This is an existing vacancy, and this position is a hybrid role based in Toronto.

RESPONSIBILITIES:

Business Planning & Analysis

Assist in the development of the annual budget, monthly and quarterly forecasts and monitor results versus budget and forecast working with business partners to complete this process. Works closely with business partners to determine root causes of financial performance and maintains focus on identifying ways to improve the short and long term financial outlook. Participate in month end close through pre month-end close review of department GL entries and accruals. Develop financial models that are responsive to the changing business and that track key metrics relevant to various stakeholders (i.e. executive, working team etc.).

Decision Support/Other

Prepares management reporting for client groups and participate in monthly finance review meetings highlighting key business trends and variances. Develop a deep understanding of major performance drivers and assist business decision makers in the development of action plans to meet financial goals and mitigate risks. Analyzes complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes. Prepares weekly, monthly reporting and enhances the existing KPI reporting and analytical tools to increase efficiency and uncover more insight into business operations. Ad hoc financial modeling and recommendations to support the business units in making financially sound business decisions.

QUALIFICATIONS:

Bachelor’s Degree in Business Administration, Accounting, Finance or related field. Working towards CPA, MBA and/or CFA an asset. 2+ years of finance and/or accounting experience with progressive responsibility in Financial Planning and Analysis. Analytical thinker who can take detailed/complex information and convert to meaningful business insights, recommendations and actionable next steps. Good business judgment with an ability to challenge plans and assumptions and take an independent stance when appropriate. Professional communication and presentation skills with an ability to partner with cross-functional groups and various management levels. Advanced financial modelling (proven experience building financial models), Excel and PowerPoint skills. Knowledge of SAP (ideal) and CPM management reporting tools (OneStream, TM1, Hyperion, BPC).

SALARY: The base salary for this role ranges from $72,400 to $80,700 per year. Placement within this range depends on a candidate’s level of experience, technical skills, and alignment with the role’s requirements. Candidates who have been identified as meeting the role’s requirements can expect to be near the midpoint of this range, while the upper end is reserved for those with specialized expertise or a strong track record of success in comparable roles. This role may also be eligible for The Globe’s Annual Incentive Plan, which is based on a combination of company and individual performance.