Financial Analyst

Job summary

The Financial Analyst provides support for financial reporting, month-end closing, and the annual budgeting process. They are responsible for analyzing financial results, monitoring key operating metrics, and ensuring compliance with GAAP.

Job details

Celebrating 56 years of growth, Sym-Tech is a leading finance and insurance provider to the retail automotive industry. At-Sym-Tech we are looking for Associates who share our passion for innovation, creativity and results! We are passionate about delivering excellent client service, and an outstanding Associate experience with opportunities to learn and grow professionally. Sym-Tech is growing quickly and that means endless ways to make a real difference! We are currently recruiting a Financial Analyst to join our headquarters located in Thornhill, ON. A career with us offers: •A fun, fast paced culture •Opportunities to grow and develop your career •On-going industry training programs and professional development opportunities •A workplace that supports workplace diversity, equity and inclusion •A strong promoter of women in the automotive industry •The chance to work with some of the best in the business Position Summary: Working closely with the senior Financial Leaders (Director of Finance, Controller and Corporate team), the Financial Analyst will provide support to the team with respect to financial reporting analysis and special projects. This individual will assist with the month-end close, perform financial analyses to understand results and assist with decision making, and assist with the annual budget process. This role incorporates a combination of financial reporting, financial analysis, and special projects to ensure that corporate business objectives and financial results are met. Essential Functions: -Prepare accurate and timely financial reporting for the Company. Reconcile and analyze monthly balance sheet, income statements, financial position, cash flow forecasts and budgets. -Maintain a system of accounting records and a comprehensive set of internal controls designed to mitigate risk -Perform account analysis, reconciliations and documentation necessary for the maintenance of the general ledger accounts, including both balance sheet and profit and loss statement accounts. Reviews, verifies and analyzes any deviations and trends against budget, prior months, and prior year's activity. - Review monthly, quarterly and annual reporting and make recommendations using high-level quantitative skills/tools to ensure that senior leadership can draw accurate conclusions - Develop, monitor and interpret key operating metrics and trends; effectively communicate key business insights to management and business partners -Assist with the corporate budgeting process including updating forecasts and maintaining projection models. Review actual versus forecast and communicate with operational business leaders to provide financial insight into performance and variance analysis -Enhance the accuracy of the company’s reported financial results and ensure that reported results comply with GAAP. -Completes project work as required and participates in all reasonable work activities as may be deemed suitable and assigned by management Minimum Qualifications: - University degree in Business/Accounting, with professional accounting designation (CA, CMA, CGA) required -Bilingual English and French is an asset -3+ years of progressive management experience with knowledge of all aspects of corporate accounting and financial management -Experience with US GAAP is strongly recommended -Ability to work under demanding time constraints and production goals. -Ability to analyze data and present recommendations based on outcomes of analysis. -Ability to resolve complex issues and problems and present resolutions to higher-level colleagues as needed. -Ability to prepare and effectively present information in one-on-one and group situations to management and employees. -Proficient ability to problem solve especially in new situations or where there is limited history or information. -Strong preference for candidates who have worked in an entrepreneurial, high growth environment in a privately held business. Demonstrated ability to “roll up the sleeves” and work with the team in a hands-on capacity -Advanced computer skills (Power BI and Excel) and knowledge of ERP accounting systems. Prior exposure to Microsoft NAV or Workday would be an asset -Ability to hold a strong right hand to general management, and knows when to raise issues and concerns appropriately Position Type: Replacement

What you’ll do

The Financial Analyst provides support for financial reporting, month-end closing, and the annual budgeting process. They are responsible for analyzing financial results, monitoring key operating metrics, and ensuring compliance with GAAP.

Requirements

Requires a university degree in Business/Accounting with a professional accounting designation (CA, CMA, CGA) and 3+ years of progressive management experience. Proficiency in Power BI, Excel, and experience with US GAAP are strongly recommended.

Benefits

• Career growth and development opportunities • Industry training programs • Professional development opportunities • Diversity, equity and inclusion workplace

Listed skills

• Power BI · Preferred
• French · Preferred
• ERP systems · Preferred
• Problem solving · Preferred
• Budgeting · Preferred
• Financial Reporting · Preferred
• Microsoft Excel · Preferred
• Financial analysis · Preferred
• English · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Financial Reporting
• Financial Analysis
• Budgeting
• GAAP
• Account Reconciliation
• Cash Flow Forecasting
• Power BI
• Excel
• ERP Systems
• Variance Analysis
• Internal Controls
• General Ledger Maintenance
• Quantitative Analysis
• Problem Solving
• English
• French

Job areas

• Finance & Accounting
• Management & Leadership
• Data & Analytics
• Retail
• Manufacturing