Overall Responsibility

The Senior Financial Analyst supports all financial planning and analysis activities, including budget and forecasting, 

modeling, and variance analysis, to provide strategic insights and support decision-making for the organization. The role 

collaborates with various departments to monitor financial performance, prepare comprehensive reports, and identify 

opportunities for operational improvements.

Responsibilities

• Support the financial planning and analysis (FP&A) activities, including budget and forecasting, modeling, and 

variance analysis to support strategic decision-making.

o Develop and maintain financial models to project future financial performance and assess the impact 

of various scenarios on the organization.

o Analyze financial data and trends to provide insights and recommendations to management regarding 

financial performance and operational efficiency.

o Support the annual budgeting process by providing analytical support and insights based on historical 

data and current trends.

o Identify opportunities for process improvements in financial planning and analysis activities to enhance 

efficiency and effectiveness. 

• Prepare comprehensive financial reports and dashboards for senior management, highlighting key performance 

indicators and trends.

o Monitor and analyze financial performance against established metrics, identifying areas for 

improvement and providing actionable recommendations.

o Conduct analysis of revenue streams, expenses, and funding sources to support strategic initiatives and 

program development.

o Stay informed about industry trends, best practices, and regulatory changes that may impact financial 

planning and analysis.

• Collaborate with service directors and program managers to gather relevant financial information and ensure 

alignment with organizational goals.

o Create, generate or review reports for more than 70 programs, both internal (e.g., Program Directors) 

and external (e.g., government ministries, funders) within prescribed timeframes utilizing the required 

templates to prepare the reports.

o Submitting reports as per the timelines provided by various funders including backup as requested.

o Responding to queries of prepare for funder audits.

o Submitting reports to all Directors regarding different programs.

o Making changes in budgets as per discussions with program employees and getting approvals from 

funders.

• Support the payroll function by preparing the biweekly journal entries.

o Collaborate with the HR/Payroll team.

o Prepare the bi-weekly payroll entries for review and posting.

o Monthly reconciliation of the payroll general ledger accounts.

o Work with the service directors and managers to reconcile staff salaries to the correct cost centres.

• Other duties as assigned.

Education and Accreditation

Education: 

• Undergraduate Degree in Accounting, Finance or Business Administration.

• Minimum of 3 - 5 years of experience in accounting.

• CPA designation or working toward CPA certification is considered an asset.

Knowledge

• Knowledge and experience with financial reporting, maintaining books of accounts and year-end audit work in 

a not-for-profit environment.

• Experience in variance analysis, budgeting and forecasting expenses.

• Advanced in Microsoft Excel, including pivot tables, VLOOKUP, and data analysis tools.

• Proficient with technology and experienced with accounting software, preferably Sage Intacct. 

• Experience in a dynamic environment and responsive to changing business requirements.

• Problem solving skills and attention to detail.

• Ability to problem solve, multi-task and work in a high pace environment.

• Strong interpersonal and communication skills with a demonstrated ability to build and maintain strong 

business relationships.

• Strong organizational skills with the ability to prioritize multiple tasks and responsibilities. 

• A self-starter, equally skilled in working independently and collaborating with a team.

• Proven ability to handle confidential information.

• Possess a comprehensive understanding of stakeholder management such as, vendor relations, and funders.

• Strong understanding of internal departmental workflows and interdepartmental collaboration.

• Ability to communicate technical financial concepts to non-financial colleagues.

• Knowledge of funder requirements, audit expectations, and nonprofit funding models.

• Knowledge of federal and provincial statutory regulations.

Working Conditions

Hybrid work environment – remote and in person service on a scheduled and as needed basis