114 Financial Modeling jobs in Toronto

Job Description

Salary:

Do you want to be part of our innovative and entrepreneurial team?

Do you thrive in an entrepreneurial environment and enjoy working in a team atmosphere? Are you an outside the box thinker who strives to implement continuous improvements? Do you take a strategic approach to your work? Do you enjoy in a fast-paced culture where your opinions are valued and respected? Do you enjoy building partnerships to solve mutually beneficial challenges?

Mitacs is a national not-for-profit organization that helps industry and not-for-profit partners solve strategic challenges by leveraging Canadas world-class post-secondary talent and a global network of industry, academic, and government partnerships. Through these collaborations, Mitacs helps business and community partners succeed, improves students on-the-job skills development, and strengthens Canadas world-class innovation ecosystem. At Mitacs, we strive to develop the next generation of innovators with vital research and business skills. In partnership with domestic and international companies, governments, and academia, we support a new economy using Canadas most valuable resource its people.

To get a better understanding of Mitacs and read more about our values, please visit our website .

Senior Financial Planning Analyst

KEY RESPONSIBILITIES

Strategic financial planning

• Collaborate with Manager, Financial Planning with the development of the annual budget with focus on assumption quality and risk assessment
• Ensure the accurate and timely collection of operational plans. Assist in the analysis of consolidated operational plans and the evaluation of alignment and sufficiency to complete the corporate business plan from a cost-benefit lens.
• Prepare financial schedules and documentation in support of the consolidated budget
• Proactively improve existing and develop new Operational and Financial Planning support material for various levels of leaders such as management, directors, and executives
• Lead education and support of operational leadership in areas such as developing operating and capital budgets, monitoring, and interpreting financial information, and analyzing deviations from plan and investigating causes
• Support the operationalization of funding contract management from a budgeting and analysis perspective

Performance monitoring and forecasting

• Ensure the timely collection of corporate operational performance data. Analyze and interpret performance information.
• Prepare, analyze, and interpret the budgetary results on a monthly basis
• Conduct monthly financial forecast, scenario, and sensitivity analyses; improve assumptions using business acumen and collected data from stakeholders
• Develop a monthly Forecasting Report to highlight areas of risk and recommended mitigations to Senior Leadership Team
• Work with Human Resources team to manage the payroll analysis and enhance resource planning and forecasting
• Liaise with a variety of internal and external stakeholders, such as operational managers and data custodians, to collaborate and obtain feedback to deliver performance measurement solutions

Other

• Establish strong collaborative relationships with Operational Leads to ensure symbiotic relationship
• Comfortable in taking on tasks beyond formal job responsibilities
• Other duties as assigned

TRAINING

• CFA and/or CPA designation or equivalent recognized accounting designation completed or close to completion required
• Bachelors degree in business (accounting or finance) or related area

EXPERIENCE

• Minimum 5-7 years of progressive accountancy experience
• 5 years relevant experience working with budgets; specifically modelling analysis and contract management
• Have excellent technical accounting skills and detailed understanding of GAAP standards
• Have excellent analysis and modelling skills and a detailed understanding of the tools which can support this
• Experience with Microsoft Dynamics Finance & Operations considered an asset

ESSENTIAL SKILLS

• Self-motivated with the ability to motivate others
• Ability to work independently with minimal supervision
• Strong communication skills both written and oral with all levels of stakeholders
• Advanced problem-solving abilities and advanced knowledge of Microsoft Excel
• Excellent organizational skills and the ability to prioritize, multitask and meet deadlines in a fast-paced, rapidly changing, and dynamic work environment
• Attention to detail and accuracy are essential
• High level of business acumen and strong analytical and decision-making skills
• Ability to make recommendations and communicate with senior management
• Ability to build and maintain strong cross-functional working relationships
• Solid knowledge of current accounting practices and technologies
• A proven ability with developing multi-faceted models and budgets
• Maintain accuracy and confidentiality in managing and reporting salary, budget, and other financial information

Hiring Range: $79,520- $94,930

Hiring and Salary Range Transparency

Typically, employees are hired, transferred, or promoted within the salary range, specifically between the minimum and midpoint in the hiring range.

The salary range refers to the range of base salaries for a given position, encompassing the minimum and maximum amounts. The midpoint of the range is positioned approximately halfway between the minimum and maximum, indicating a fully qualified employee with comprehensive job knowledge and experience for the role.

Only in rare and exceptional circumstances, where a candidate has the experience, skills, and expertise that far exceed those required for the position, would we consider paying above the hiring range for this role.

Equity, diversity, and inclusion (EDI) and decolonization are core values at Mitacs:
Equity, Diversity, and Inclusion - Mitacs . We believe a diverse workforce comprised of individuals with different ideas, strengths, interests, and backgrounds (e.g., gender identities and expressions, Indigeneity, race, abilities, sexual orientation, and other identities) are crucial to our success. We welcome everyone to apply and encourage you to connect with us if you require accommodations during the recruitment process.

Mitacs is proud to have been named as a2024 Workplace Impact Award WinnerbyDiversiothe leading global platform for workplace inclusion. The award recognizes organizations that are making measurable, systems-level progress in embedding equity, diversity, and inclusion (EDI) across their operations, and leading change in how people experience work.

Job Description

POSITION SUMMARY
Our client is a global leader chemical manufacture with a focus on innovation, quality, and performance, they are poised for continued growth under new strategic initiatives. This is an opportunity to be part of a company transforming its financial operations and business support functions from the ground up.

This newly created Senior FP&A Analyst role is ideal for a strategic and detail-oriented finance professional who thrives in a fast-paced, manufacturing environment. Reporting to the Director of Finance , this role will be instrumental in shaping the financial planning cycle, business performance insights, and cross-functional reporting frameworks. This is a builder role, not maintenance. You will help design and implement the FP&A infrastructure needed to support scalable growth.

RESPONSIBILITIES

• Own the FP&A reporting cycle: month-end packages, forecasts, and financial dashboards
• Lead monthly results analysis and present insights to senior leadership and the board
• Drive S&OP processes with a focus on sales forecasts, demand planning, and inventory management
• Support cash flow and working capital management strategies
• Build financial models for CapEx planning and scenario analysis
• Collaborate with Sales, Plant Operations, Supply Chain, and Accounting to drive profitability
• Develop KPIs and dashboards to support performance management
• Lead SG&A reporting, run monthly spend reviews, and improve data clarity
• Take ownership of new reporting processes, analytics, and financial health initiatives
• Contribute to establishing a PMO to monitor and report on key finance projects
• Identify gaps in current processes and implement improvements across reporting, forecasting, and control

• 5+ years of progressive FP&A, cost accounting, or corporate finance experience
• Bachelor’s degree in finance, Accounting, Economics, or related field
• Chartered Professional Accountant (CPA) designation required, Certified Management Accountant (CMA) designation is an asset
• Manufacturing industry experience is required
• Consulting background or experience in private equity-backed environments is an asset
• Advanced Microsoft Excel and financial modeling skills required
• Proven experience designing and improving FP&A processes from the ground up
• Strong communication skills with the ability to present financial insights to executive stakeholders
• Hands-on experience with ERP systems (Infor M3 preferred) and BI tools (Power BI or similar)
• High degree of business acumen, ownership, and a collaborative approach to cross-functional partnerships
• Experience working in dynamic, mid-sized companies with evolving financial processes are an asset

• Hybrid model: Currently 1 day per week in-office (Tuesdays); likely to increase to 2–3 days/week
• Office location: Toronto, ON
• Collaborative, transparent, and performance-driven culture
• Leadership encourages autonomy, growth, and open communication

Optimize. Transform. Elevate.

Are you a strategic financial leader with a passion for shaping business outcomes through data-driven insights and planning? Do you thrive in a fast-paced environment where you can make a significant impact on financial performance, operational efficiency, and long-term growth? If so, we invite you to explore this exciting opportunity to lead as the Head of Financial Planning & Analysis , based onsite in the Oshawa Region . This is your chance to be at the forefront of financial strategy, driving success at a national level- from our client’s key operating hub.

COMPANY PROFILE

Our client is a recognized leader in the battery and energy solutions industry, powering everything from vehicles to industrial systems across the country. With decades of innovation and customer-centric service behind them, they continue to grow their presence nationwide.

POSITION OVERVIEW

The Head of Financial Planning & Analysis (FP&A) leads the provision of financial planning and strategic support to key departments, including Business Development, Sales Management, and Operations. This position serves as the primary liaison for internal teams, offering insights into customer profitability, sales strategies, pricing, performance metrics, and new initiatives. This role offers an exciting opportunity to influence major decisions and guide a team toward financial excellence.

KEY RESPONSIBILITIES

• Lead the creation and delivery of financial analysis that supports business development and sales teams.
• Perform regular margin evaluations and assess the business case for new opportunities.
• Guide the development and review of pricing strategies for both existing products and new offerings.
• Conduct pricing analysis, including competitive positioning and cost considerations, while providing solutions for pricing and profitability challenges.
• Regularly update and maintain pricing structures for customers and suppliers.
• Oversee the costing of inventory by examining changes in vendor pricing, commodity costs, and foreign currency fluctuations.
• Adjust inventory costing models as needed and communicate changes across relevant departments.
• Provide leadership in analyzing company-wide financial performance, including forecasting cash flow and compiling key performance indicators (KPIs).
• Consolidate financial data for senior management, helping to inform decisions on critical accounts and company programs.
• Drive continuous improvement initiatives focused on enhancing financial systems and reporting capabilities.
• Collaborate with cross-functional teams to implement more efficient processes, exploring innovative methods, tools, and technologies to support overall business performance.
• Lead and mentor the financial analysis team, creating a collaborative and results-focused environment.
• Align team goals with broader business strategies, ensuring each team member has the support and resources needed to succeed.
• Provide coaching and development opportunities to enhance team performance and capabilities.

QUALIFICATIONS

• University degree in a relevant field such as Finance, Business, or Accounting.
• Professional certification (e.g., CPA, CMA, CFA) – required.
• Minimum 7 years of experience in financial analysis, budget management, forecasting, and strategic financial planning.
• Strong numerical aptitude and the ability to analyze and interpret complex data.
• Advanced proficiency with data tools such as Excel, PowerPoint, and Word; familiarity with SAP and PowerBI is an advantage.
• Proven experience in leading teams and driving organizational success.
• Excellent verbal and written communication skills, with the ability to present complex information clearly.
• Skilled in influencing and engaging with stakeholders at various levels of the organization.
• Leadership experience focused on fostering high performance and achieving measurable outcomes.
• Strong interpersonal abilities, with a collaborative approach and a focus on building effective relationships across teams.
• Comfortable working in a fast-paced, changing environment while managing multiple priorities.
• Detail-oriented and highly organized with the ability to manage time and tasks efficiently.
• Professional and positive attitude, with a commitment to integrity and collaboration.
• Able to think both strategically and tactically, balancing high-level planning with day-to-day execution.
• Experience in the industrial sector is a significant advantage.

This role is perfect for a strategic financial leader who excels at translating data-driven insights into actionable strategies while fostering a culture of excellence, accountability, and continuous improvement. If you’re ready to take on a high-impact leadership position with a company poised for long-term success, we want to hear from you! Please submit your resume by selecting the “Apply” option and following the required steps.

Thank you in advance for your interest, only individuals deemed to have the skill set and experience to fit the role will be contacted. Applicants must be legally entitled to work in Canada without sponsorship.

Lock Search Group is a National Executive Recruitment firm with 11 offices in Canada and one in the United States, a staff of more than 30 Consultants and Associates, and expertise in 11 major disciplines. Our mission is to provide exceptional Recruitment and Consulting Services to clients and candidates. We apply our experience and expertise to deliver solutions with a personalized approach that focuses on clients’ needs and candidates’ goals.