Financial Analyst in Toronto, ON

Financial Analyst Job Description

A Financial Analyst in Canada provides essential support in financial planning, analysis, and reporting within an organization. This role involves assisting with budgeting, forecasting, and various financial models to provide insights that support strategic decision-making. The Financial Analyst will gather and analyze financial data, help prepare reports, and contribute to understanding financial performance. This position requires strong analytical skills, meticulous attention to detail, and proficiency in Microsoft Excel. A Bachelor's Degree in Finance, Accounting, Business Administration, or a related field is essential. Candidates actively pursuing a Chartered Financial Analyst (CFA) or Chartered Professional Accountant (CPA) designation are often preferred. A foundational understanding of the Canadian economic landscape and basic financial principles is key, coupled with a strong eagerness to learn and grow within the finance industry.

Typical financial analyst duties:

Assist in the preparation of annual budgets and periodic financial forecasts.

Gather and analyze financial data from various sources to support reporting and analysis.

Develop and maintain financial models to aid in decision-making and performance projections.

Prepare routine financial reports, dashboards, and presentations for management review.

Conduct variance analysis, comparing actual results to budget and forecast.

Support strategic initiatives by performing research and financial calculations.

Collaborate with accounting and other departments to ensure data accuracy and consistency.

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Salary for Financial Analyst in Toronto, ON

75060 - 97740

Low

75060

The candidate is new to the role or has limited experience and is still developing core skills.

Mid

88290

The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.

High

97740

The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.

Projected salaries for related positions

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VP of Finance

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146070

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116370

147150

168480

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97200

112320

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91800

107730

121500

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67770

72630

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125010

146880

168480

Senior Business Analyst

104760

121230

142020

Business Analyst

81540

97200

116100

Senior Budget Analyst

106380

119340

141210

Budget Analyst

76950

86130

101250

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