Overview

Job Location:
Toronto – 16 York St

At IMCO, our talent is among the best!  IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career. 

We offer a culture of collaboration and passion, creating unwavering value for the clients we serve.  Our vision is to be the partner of choice for Ontario’s public sector funds and build a high-performing, value-based Asset Management firm in the heart of downtown Toronto.  

If you are ready to drive best-in-class service, and join a collaborative, motivated, and fun team of professionals, we’re ready to offer you a great place to work with exciting opportunities for growth and development.

If you want to use your expertise to drive strategic business outcomes, then we want you at IMCO!
 

We are looking for a highly motivated Senior Financial Analyst to join our Corporate Finance team!

This is a 12-18 month contract position.

The Senior Financial Analyst is responsible for performing core financial accounting tasks including cost recovery billings, monthly journals, capital assets accounting, payroll entries, HST payments and claims, review of transactional postings, monthly preparation of primary financial reports, and other tasks needed for full-cycle accounting. Reporting to the Corporate Controller, the primary responsibility of the Senior Financial Analyst role will be to focus on cost recovery procedures requiring cost recovery analysis, allocation reviews, policy and procedure compliance reviews with the ability to liaise with other departments.

This role will have exposure to investment finance and operations. 

Responsibilities

  • Preparing monthly, quarterly and year-end journals and workpapers complying with the accounting standards and accounting policies.

  • Actively participating in the resolution of complex technical accounting issues, including coordination with auditors, accounting policy team and operational areas.

  • Overseeing the preparation of accurate bank reconciliations and tasks required for a tightly controlled period close.

  • Preparing payroll journals including prepaid and capital assets accounting as well as reviewing the transactional postings and other accounting tasks; Coding or tagging individual costs in the ledger for cost allocation purposes.

  • Preparing and reviewing monthly cost recovery analyses and billing support for pooled funds, segregated assets, subsidiaries and clients.

  • Performing analytical reviews, expenses analysis including the preparation of cost recovery reports at the asset level and client level, with the ability to explain variances.

  • Assisting in the preparation of various financial analyses and reports for the Controller and senior management to support business decision-making

  • Leveraging in-house and industry knowledge to provide research and financial analysis resulting in value-add insights and recommendations for the Controller and senior management team.

  • Supervise corporate credit card program, complete configuration process in Workday to automate credit card payment. Enhance the reconciliation process and compliance analysis function on corporate credit card.

  • Supervise full cycle expenses process. Conduct employee travel expense analysis

  • Lead the implementation of procurement processes and apply appropriate rigor and controls to ensure that the procurement of corporate goods and services are performed in the best interests of IMCO;

  • Establish and continuously improve and streamline procurement processes and tools, including vendor sourcing, and contracting, strategic and tactical purchasing, and vendor management;  

  • Establish and execute monitoring processes to ensure compliance with IMCO’s Procurement Policies and Guidelines;

  • Collaborate with vendors, and internal teams to identify and implement opportunities for quality enhancements and cost efficiencies;

  • Lead process improvement strategies and drive change to implement best practices with respect to procurement policies, processes, internal collaboration and operational efficiency;

  • Develop and maintain data analytics tools to spot cost savings opportunities, inefficiency in procurement practices, and noncompliance of Procurement policies or requirements;

What do you need to succeed?

  • University degree in Business, Finance/Accounting, or business-related discipline.

  • A minimum of five (5) years of experience in corporate accounting with ideally some capital assets accounting experience.

  • Professional designation (CPA) is preferred.

  • Strong working knowledge of IFRS and accounting principles, practices and procedures is required.

  • Demonstrated experience working with a key ledger system and prior participation in ledger implementation is considered an asset.

  • Experience in the asset management industry, financial services industry or a start-up is considered an asset. 

  • Prior experience with corporate finance applications is preferred. Experience with Workday Financial Management is considered an asset.

  • Strong attention to detail and ability to maintain a high level of accuracy.

  • Ability to independently multi-task in a fast-paced environment.

  • Strong team player with high level of tact and diplomacy.

  • Strong time management skills.

  • Comfortable working in a fast-paced, high-energy start-up environment and participating in the creation of foundational processes to scale-up the organization.

  • Excellent understanding and experience of accounting practices and principles and experience with balance sheet and income statement

  • Advanced proficiency with MS Suite (Excel, PowerPoint, Word) and learning new technologies.

  • Superior communication skills, with the ability to develop and maintain strong working relationships across the enterprise. 

  • Ability to successfully manage expectations of internal/external clients.

We thank all applicants, however, only those selected for an interview will be contacted.

Our hybrid work model offers flexibility and provides our employees with the opportunity to lead a well-balanced life. Our Corporation’s offices located at 16 York Street, Suite 2400, Toronto, ON M5J 0E6 provide a welcoming space for employees to gather, work collaboratively, and grow together.

IMCO is committed to providing accommodation for people with disabilities in its recruitment process. Please advise IMCO if you require an accommodation and we will work with you to meet your needs. Candidates being considered for this position will be required to submit to a background screening.

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