Junior Financial Analyst

Junior Financial Analyst

WealthOne is one of Canada’s fastest growing online banks. We opened in 2016 with a commitment to helping Canadians become much more financially secure. We know what newcomers to Canada need and understand the challenges that self-employed Canadians face, that’s why we specialize in innovative banking solutions tailored to their success!

Position Summary

The Junior Financial Analyst is responsible for managing day-to-day accounting functions, especially, the reconciliation and follow up for the client initiated and related transactions for clearing accounts.

Key Responsibilities & Duties

• Perform the daily reconciliation for multiple clearing accounts.
• Investigate the discrepancies or pending items and proactively initiate the communication with Operations and IT for the follow up.
• Post journal entries in banking system to correctly reflect the Bank Statement on a daily basis.
• Assist with the development and implementation of procedures for the reconciliation functions.
• Provide financial data if required.
• Support the other functions for backup.
• Support audit financial disclosures if needed.
• Assist in financial audits and internal audit by providing the walk through for the reconciliation and follow up processes and the data.
• Collaborate with internal stakeholders, including senior management, department heads, and cross-functional teams, to provide financial data related with clearing accounts
• Present financial findings in a clear and concise manner.

Core Competencies & Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Accounting designation (CPA) or enrolled in CPA program would be an asset.
• Previous experience in financial analysis, preferably within the banking or financial services industry.
• Strong knowledge of financial analysis techniques, accounting principles, and financial modeling.
• Proficiency in financial software and tools, such as Excel, financial modeling software, and data visualization tools.
• Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and identify trends.
• Solid understanding of banking products, services, and financial markets.
• Strong attention to detail and accuracy in financial analysis, reporting, and record-keeping.
• Effective communication skills, both written and verbal, to convey financial insights to diverse audiences.
• Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
• Strong interpersonal skills to collaborate with cross-functional teams and build effective relationships.

What You Need to Know

At WealthONE, our people are our greatest asset. You’ll become part of a diverse and growing team that acknowledges everyone’s unique talents to do what’s right for the client, and to do it well. As part of our team, you will:

• Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home.
• Connect: Work in a place that fosters creativity and collaboration.
• Develop: Apply your skills and grow your career in a young, fast-growing environment.
• Prosper: Share in our collective success with a competitive salary, incentive pay, banking and health benefits program.

WealthONE is an equal opportunity employer committed to creating an inclusive environment where all team members and clients feel like they belong.

While we are based in Toronto, this role can be conducted from any location across Canada. Our preference is for the incumbent to be Toronto based as work in the Toronto Head Office may be required. You also need to be legally eligible to work in Canada.

Please note only candidates selected for interview will be contacted.

To learn more, please visit us at Wealth One Bank of Canada - About Us