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Financial Analysis Manager in Toronto, ON

Financial Analysis Manager Job Description

A Financial Analysis Manager is a key leader responsible for driving financial planning, analysis, and strategic insights that inform business decisions. This role involves overseeing budgeting, forecasting, and performance reporting, as well as providing critical financial intelligence to senior management. This position demands strong analytical acumen, exceptional communication skills, and a proven ability to lead and mentor a team. Typically, 5-8 years of progressive experience in financial planning and analysis (FP&A) or a related finance role, with at least 2-3 years in a management or supervisory capacity, is required. A Bachelor's Degree in Finance, Accounting, or Business Administration is essential, and a Chartered Financial Analyst (CFA) or Chartered Professional Accountant (CPA) designation is highly preferred. A deep understanding of the Canadian economic landscape and its impact on financial performance is paramount.

Typical financial analysis manager duties:

Lead the annual budgeting and forecasting processes, collaborating with various departments.Conduct in-depth financial analysis, including variance analysis, trend analysis, and profitability assessments.Prepare and present comprehensive financial reports, dashboards, and strategic insights to senior leadership.Develop complex financial models to support strategic planning, investment decisions, and business cases.Guide and mentor a team of financial analysts, fostering their professional development.Monitor key performance indicators (KPIs) and provide actionable recommendations to improve financial results.Collaborate with accounting, operations, and sales teams to ensure data accuracy and align financial goals.

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Salary for Financial Analysis Manager in Toronto, ON
111340 - 161404
Low
111340
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
141848
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
161404
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High VP of Finance 157493 177571 214076 Finance Director 135069 155929 183047 Financial Planning and Analysis Manager 117338 141066 164794 Financial Project Manager 124639 140544 156972 Senior Financial Analyst 92306 107168 120988 Financial Analyst – Financial Services 87873 102996 116555 Financial Analyst 70403 82658 92566 Junior Financial Analyst 64666 68838 73010 Business Analysis Manager 120727 141327 162447 Senior Business Analyst 99607 114991 131940 Business Analyst 77443 92827 109776 Senior Budget Analyst 100910 113426 135590 Budget Analyst 73271 81354 96217

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.