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Financial Data Analyst

Financial Data Analyst Job Description

A Financial Data Analyst optimizes financial operations and reporting using data. This role involves extracting, transforming, and analyzing large financial datasets, identifying trends, and providing actionable insights for process improvement and strategic decision-making. Serving as a crucial link between accounting and data science, candidates need strong analytical, problem-solving skills, meticulous attention to detail, and advanced proficiency with data tools. A Bachelor's in Data Science, Finance, or Accounting is essential; a Chartered Professional Accountant (CPA) or relevant data certification is preferred. Understanding Canadian accounting standards (ASPE/IFRS) and financial data structures is key.

Typical financial data analyst duties:

Extract, clean, and transform financial datasets from accounting/ERP systems.Analyze data to identify trends, anomalies, and financial performance insights.Develop and maintain dashboards and reports (e.g., Power BI, Tableau).Support automation of financial reporting and data reconciliation activities.Collaborate with accounting teams for analytical support (e.g., month-end close).Identify process improvements and efficiencies through data.Ensure integrity and accuracy of financial data.Stay current with data tools and Canadian data privacy regulations.

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National salary range for Financial Data Analyst

63250 - 91250

Low
63250
The candidate is new to the role or has limited experience and is still developing core skills.
Mid
77500
The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.
High
91250
The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.
Projected salaries for related positions Job title Low Mid High Financial Systems Director 144000 167750 196750 Financial Systems Manager 116500 130250 151250 Financial Systems Project Manager 98500 111500 128000 Administrator of Financial Systems 77500 90000 103750 Senior Business Intelligence Analyst 95500 113750 130000 Business Intelligence Analyst 82750 93500 104500 Data Analysis Manager 111750 132500 147250 Senior Financial Data Analyst 86750 105250 120000 Senior Business Systems Analyst – Corporate Accounting 96000 110750 126250 Business Systems Analyst – Corporate Accounting 79750 93250 105250

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