Senior Financial Analyst
City : Toronto, ON
Category : Finance
Industry : Not for profit/Construction
Employer : Tarion
Senior Financial Analyst, SFA122024
Department: Finance
Type of Position: Full Time, Permanent
Location: 7th Floor, 5160 Yonge Street, Toronto, ON
Reporting to: Manager, Accounting
Work Model: Hybrid – flexible work schedule (All remote work must be completed from your home office within the province of Ontario.)
Grade: L
About Tarion
Since 1976, Tarion has served new home buyers and new homeowners by ensuring that one of their life’s biggest investments is protected. Almost every new home in the province is covered by a new home warranty. This warranty protection is provided by Ontario’s builders and lasts up to seven years. It is backstopped by Tarion. More than 375,000 homes are currently enrolled in the warranty program. Every year about 55,000 new homes are enrolled.
How We Mak e a Difference
A home is one of life’s biggest purchases. As an independent, not-for-profit organization, Tarion provides Ontario’s new home buyers and owners with peace of mind that their purchase is safeguarded through the province’s new home warranty and protection program.
Almost every new home in the province is covered by a new home warranty. Tarion ensures consumer protection by providing free tools, guides and resources to help homeowners understand their builder’s warranty and navigate warranty claims with confidence.
If a builder does not meet their warranty commitments, Tarion offers guidance to help homeowners ensure they receive the coverage they’re entitled to, and when necessary, steps in to help resolve warranty claims.
About the Role
The Tarion Finance team is responsible for financial reporting and control, tax and compliance, strategic planning and financial Planning & analysis, Treasury and working capital management, and capital budgeting.
The primary purpose of this role is to perform financial analysis and reporting as well as participate in project related work. Areas include financial reporting, budget and forecast, financial projects, system implementation, process improvement, research and analysis on new and emerging issues, and subject matter expert on tax related matters and financial accounting standards.
This is a hybrid role requiring working two (2) days in the office and three (3) days remotely, per week. (All remote work must be completed from your home office within the province of Ontario.)
Responsibilities include:
- Support the monthly, quarterly and year-end financial reporting process including the review of reconciliations and assistance with the interim and year-end financial statement audit.
- Prepare and conduct thorough financial analysis (i.e. variance analysis, trend analysis, and financial performance metrics) to identify key insights and drivers impacting the company's financial results.
- Be the subject matter expert and conduct research and implementation of new accounting standards, tax, and pension fund reporting matters to maintain compliance.
- Participate in financial projects to help provide actionable insights and recommendations to support strategic decision-making and business initiatives.
- Support the administration of Risk Integrity IFRS 17 reporting tool.
- Responsible for the review and updating of finance related policies to ensure current best practices.
- Support the annual budget and forecast process, as required.
- Provide ad-hoc research and analysis to drive informed decision-making for senior management.
- Complete other job-related duties as assigned
A great candidate for this position will have:
- CPA designation required
- At least 3 years of post-qualification in financial analysis and reporting
- A quick learner with strong problem-solving skills
- Solid knowledge of financial accounting terms and concepts
- Strong project management skills and understanding of business processes
- Ability to provide an innovative perspective to current practices
- Strong proficiency in Microsoft Excel and Word is required
- Excellent analytical and strategic thinker with good written and oral communication skills
- Previous experience Financial Services or Insurance industry experience is an asset
- Knowledge of IFRS 17 is an asset
- Experience with sophisticated ERP system with multiple integrations and Business Objects is an asset
- Ability to balance multiple assignments, both immediate and strategic, at the same time
- Proven ability to embrace change and adapt to new technology
Why Choose Tarion?
We believe that Tarion’s employees are its most valuable asset. We strive to provide a welcoming work environment.
We offer employees a competitive compensation program, opportunities for learning and development, an employee discount program, access to wellness programs, and a variety of Employee Assistance Program tools and online resources to support well-being.
At Tarion, we believe that a strong commitment to diversity and inclusion allows employees to perform at their very best and underpins a culture in which everyone feels they have an equal opportunity to belong and build a career. Tarion is committed to developing and maintaining work environments and practices that ensure equality of opportunity in recruitment, selection and promotion, and to removing systemic barriers so that employees have every opportunity to feel included in the workplace.
If you are a person with a disability and have questions or would like help with your application, please contact a member of the Human Resources Department.
Application Submissions & Deadline:
Please submit a single file with a cover letter and resume with vacancy code SFA122024 by no later than January 10, 2025.