The Financial Analyst is responsible for supporting budgeting, financial planning, reporting, and accounting operations. The role involves working closely with program managers and internal teams to monitor financial performance, analyze budget variances, coordinate funding requirements, support audit processes, and identify opportunities to improve financial procedures and controls.
Coordinate and contribute to bi-annual budgeting and financial planning processes, including the preparation of original and revised budgets.
Support program managers in developing and submitting internal budgets using financial budgeting platforms.
Review budget submissions for accuracy, completeness, and alignment with financial objectives.
Conduct budget-to-actual variance analyses, explain significant discrepancies, and recommend corrective actions.
Coordinate financial activities related to provincial and municipal funding programs, including budget proposals, funding agreements, and periodic financial reporting.
Review monthly financial reports, identify variances, and develop action plans to address financial issues.
Support year-end financial closing and audit processes by preparing and providing required financial documentation.
Prepare budgets, financial reports, and other submissions for funders, ensuring accuracy and compliance with funding requirements.
Provide financial support to assigned divisions and programs, including quarterly reporting, agreement administration, stipend and training fund management, and analysis of financial discrepancies.
Reconcile general ledger accounts, prepare journal entries, and generate monthly financial reports.
Coordinate financial and administrative activities related to property taxes, leases, insurance renewals, and company assets.
Analyze lease costs, prepare cost allocations, maintain lease schedules, and coordinate with vendors.
Support insurance portfolio renewals, maintain insurance documentation, review coverage and risk factors, and prepare cost allocation recommendations.
Collaborate with the Finance team to develop and document financial models, workflows, policies, and procedures.
Provide backup support to other Financial Analysts and Senior Financial Analysts as required.
Perform additional financial analysis, reporting, and administrative duties as assigned.