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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
70403 - 92566
Low
70403
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
82658
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
92566
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 Financial Analysis Manager 111340 141848 161404 Senior Financial Analyst 92306 107168 120988 Financial Analyst – Financial Services 87873 102996 116555 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.