Financial Analyst - Corporate Services

The Financial Analyst is responsible for carrying out financial analysis in the preparation of budgets and forecasts, ensuring adherence to International Financial Reporting Standards (IFRS). Preparing and verifying journal entry adjustments and accruals, preparing required reports for month-end, quarter-end reviews, year-end audit and budget presentations, performing ad hoc accounting analysis.

What does NAV Canada offer you:

• Flexible work arrangements
• Diverse and inclusive workforce
• Challenging, team-oriented work environment
• Opportunities for growth and development
• Competitive compensation and benefits

Key Accountabilities:

• Prepare detailed variance analysis schedules to clients
• Prepare and participate in the consolidation of variance analysis to support departmental input for EMC and Board of Directors Financial reports
• Analysis of monthly variances of actual expenditures from planned
• Work with the Technology Project managers to transfer completed projects to fixed assets on a timely basis.
• Prepare reconciliations schedules for Capital/Asset cost related accounts.
• Provided consolidation and synthesis of departmental forecast / budgets to contribute to the development of overall NAV CANADA budgets, financial plans and budget presentation for the EMC and Board of Directors
• Prepare relevant portion of monthly financial report for review by Directors and VPs of Corporate Services groups
• Monitor new or revised company programs and initiatives to determine impacts on corporate financial budgeting and reporting policies, procedures, tools and systems
• Undertake or participate in special projects, as assigned (e.g. Benchmarking, Business Process Analysis)
• Ensure reasonableness of account balances.
• Provide periodic and ad hoc reports and annual submissions of budget reporting and respond to departmental and Corporate Reporting requests for information and reports
• Provide advice and support to departments on budgeting and forecasting, and financial inquiries as it relates to business decision making.
• Carry out financial analysis, verification, processing and posting of journal entries to G / L including adjustments, accruals, reversals, and recurring entries.

Education/Occupational Certification:

• Graduation with a bachelor’s degree from a recognized university/ diploma from community college and acceptable specialization in commerce or business administration 10 to 15 years of relevant knowledge and experience.
• Professional accounting designation (eg. CPA) is an asset.

Experience:

• Experience in monitoring financial transactions, reconciling accounts, preparing, and analyzing financial information.
• Must have experience in financial analysis and manipulating large volumes of data. This would include strong computer skills, particularly with Excel, and the ability to present complex information in a clear and concise form.
• Experience providing financial advisory services.

Knowledge:

• Knowledge of research, data collection, validation, verification and analysis methods and techniques for financial reporting and control systems.
• Knowledge of IFRS, for operating and capital expenditure and financial analysis, budgeting and forecasting, and financial administration policies, processes and/or procedures.
• Knowledge of Business Intelligence tools (Microsoft Power BI) Dashboards, creation, maintenance, and usage.
• Knowledge of ERP Systems, Oracle/Workday.
• In depth knowledge of database structures (ex. TM1 Perspectives) and large datasets.
• Knowledge of presentation, consultation and writing methods and techniques, as well as various software applications, automated tools and systems to carry out the work.
• Knowledge of theories, principles, standards, best practices, concepts, methods and techniques required to develop and monitor financial reporting and budgeting and forecasting procedures and processes.
• Knowledge of Excel (advanced level - functions, pivot tables, macros), PowerPoint, and Word.

Abilities:

• Ability to set priorities and perform multiple tasks in a changing environment and coordinate processes for financial transactions.
• Ability to build strong relationships with stakeholders
• Ability to innovate and be creative to achieve desired outcomes.
• Ability to develop financial reporting, budgeting and forecasting systems, procedures and processes.
• Ability to successfully manage multiple initiatives at the same time.
• Strong organizational skills and a detailed and methodical approach to work plan and execution.
• Ability to work independently with minimum direction and supervision in a fast-paced demanding environment.
• Ability to communicate effectively, both orally and in writing, and to provide consultation and hands-on assistance to a client community.
• Ability to review materials for accuracy and completeness and take appropriate action.
• Ability to handle multiple client requests and conflicting deadlines with confidence and appropriate level of management involvement.

Personal Suitability:

• Dependability and reliability (ability to meet responsibilities in a complete and timely matter).
• Effective interpersonal relationships, tact, diplomacy, discretion, collaboration with colleagues and clients.
• Respectfully influence business process owners and other stakeholders to obtain buy-ins and support.
• Open to Change.
• Effective leadership techniques necessary to build strong relationships with stakeholders.
• Demonstrates good judgement and properly plans a course of action when required.

Working Conditions:

• Hybrid - Work location is Ottawa Head Office. This position will require on site office work with the possibility of remote work in accordance with NAV CANADA’s Flex work Policy in effect.

NAV CANADA is committed to building a skilled, diverse workforce reflective of Canadian society. If you do not believe that you match every job requirement listed on this job posting, we still encourage you to apply. NAV CANADA encourages a culture of learning and growth, and recognizes that although some technical skills are mandatory, many others can be taught.

Our Company strives to create an inclusive and barrier-free selection process and work environment. If you require accommodations during this competition process, please ensure that you inform the interview coordinator or hiring manager of any accommodation measures you may require. NAV CANADA will provide accommodations throughout the recruitment and selection process to applicants with disabilities as required.

The successful candidate must meet the security requirement of the position and be legally able to work in Canada.

At NAV CANADA, safety is our priority. We require pre-employment drug screening for all candidates offered positions designated as safety sensitive in accordance with NAV CANADA’s Drug and Alcohol policy.

We thank all candidates for their interest. Only those selected to move forward will be contacted.