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Financial Data Analyst in Toronto, ON

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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Salary for Financial Data Analyst in Toronto, ON

68310 - 98550

Low
68310
The candidate is new to the role or has limited experience and is still developing core skills.
Mid
83700
The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.
High
98550
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 155520 181170 212490 Financial Systems Manager 125820 140670 163350 Financial Systems Project Manager 106380 120420 138240 Administrator of Financial Systems 83700 97200 112050 Senior Business Intelligence Analyst 103140 122850 140400 Business Intelligence Analyst 89370 100980 112860 Data Analysis Manager 120690 143100 159030 Senior Financial Data Analyst 93690 113670 129600 Senior Business Systems Analyst – Corporate Accounting 103680 119610 136350 Business Systems Analyst – Corporate Accounting 86130 100710 113670

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