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Financial Analyst at relayfi | Toronto, ON

RelayToronto, ON
On-site Full-time $76.5K/yr - $93.5K/yr

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Experience Level

Experience

Qualifications

We are looking for a detail-oriented and analytical individual with a strong foundation in finance and a passion for data analysis. The ideal candidate will possess excellent communication skills and the ability to collaborate effectively with diverse teams. Proficiency in financial modeling and a sound understanding of SQL will be essential. A bachelor's degree in finance, accounting, or a related field is preferred.

About the job

At Relay, we are revolutionizing the way self-made business owners manage their finances. Our digital banking platform empowers entrepreneurs with the necessary tools and knowledge to achieve financial clarity, confidence, and control. By transforming financial uncertainty into actionable insights, we help our clients convert their hard work into enduring success.

As we embark on an exciting growth journey, we are seeking a Financial Analyst to join our dynamic Finance team. In this pivotal role, you will report directly to the Senior Director of Finance and collaborate closely with our Senior Financial Analyst and Strategic Finance Lead. Your primary focus will be on enhancing financial planning, reporting, and business performance analysis, contributing significantly to Relay's ongoing success. You will engage with various departments across the organization to elevate visibility into key performance metrics, refine financial planning processes, and deliver data-driven insights that guide operational and strategic decisions.

Key Responsibilities

  • Assist in monthly and quarterly forecasting by updating and maintaining financial models, integrating actual performance trends and accounting updates.

  • Oversee budget vs. actual tracking and perform month-over-month variance analysis, providing comprehensive commentary for monthly close and performance assessments.

  • Aid in establishing business performance targets, ensuring that financial assumptions are in line with operational drivers.

  • Engage in forward-looking scenario modeling and sensitivity analysis to facilitate data-driven strategic decisions.

  • Support financial processes related to vendor contracts, including expenditure tracking, cost analysis, and the integration of assumptions into forecasting models.

  • Conduct cohort and segmentation analysis to assess KPI performance, revenue trajectories, and product usage trends.

  • Maintain dashboards that track KPIs and operational metrics.

  • Utilize SQL to analyze customer and product data effectively.

  • Enhance and automate financial processes to boost efficiency and accuracy.

  • Collaborate with cross-functional teams to provide financial insights that support informed decision-making.

  • Undertake ad hoc projects, analyses, and team support as needed.

Your Profile

About Relay

relayfi is at the forefront of digital banking, dedicated to empowering self-made business owners with the financial tools they need to thrive. Our mission is to eliminate financial guesswork, providing clarity and control over cash flow, which allows our clients to build more resilient businesses and achieve lasting success.

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