Banking Financial Analyst to maintain financials for all projects under Global Banking and Markets. - 37817

Location Address: 40 Temperance Street, Toronto

Hybrid: 2/week on site (could be 3-4 in future)

Anchor days: Tuesday, Thursday

Contract Duration: 12 months

Story Behind the Need

Business group: The Project Financials Control Group looks after financials for all projects under Global Banking and Markets. They are involved with the creation of the business cases and continue to manage the financial tracking, cost classification, time expenses and tying costs back to the original business case throughout the project lifecycle.

Project: The Project Financials Control Group is seeking an individual that would assist on a portfolio of projects which are divided across the team; looking after project financials, ensuring pay outs are being done monthly, tracking actuals vs forecast, preparing accruals, conducting financial forecasting and liaising with project managers to ensure they are within budget.

Candidate Value Proposition

- Join a high-impact team at the heart of Global Banking and Markets, where you'll play a pivotal role in driving financial excellence across a dynamic portfolio of business, technology, and regulatory initiatives. As a Financial Analyst in the Project Financials Control Group, you’ll partner closely with project managers and senior stakeholders to ensure financial integrity, optimize forecasting, and support strategic decision-making.

- It’s an opportunity to influence the success of major initiatives in Capital Markets, Fixed Income, and Corporate & Investment Banking.

Typical Day in the role

• Financial Stewardship: Own the end-to-end financial lifecycle of projects-track actuals vs. forecasts, manage accruals, and ensure monthly payouts align with business case commitments.

• Forecasting & Budgeting: Collaborate with Delivery Managers to build and maintain accurate forecasts, identify potential overruns, and recommend corrective actions.

• Reporting & Analysis: Consolidate data from multiple platforms into centralized Excel models; deliver actionable insights and financial reports to stakeholders.

• Operational Excellence: Monitor timesheets (50-60 resources) using Clarity, Fieldglass, and JIRA/Confluence; ensure timely invoice processing and cost reconciliation.

• Vendor & Contract Oversight: Manage relationships with 30-40 vendors, oversee contract compliance, and maintain meticulous financial records.

• Strategic Support: Provide financial clarity to project teams, support regulatory reporting, and contribute to continuous improvement in financial controls.

Must Have Skills:

• 3-4 years of strong experience in financial forecasting, accruals, and reporting

• Solid understanding of accounting principles (Actuals vs. Accruals, CapEx vs. OpEx)

• 3-4 years of experience managing large data sets and project financials

• 3+ years of experience with Advanced Excel (Index Match, VLOOKUP, complex formulas, data centralization)

• Working knowledge of Power BI for data visualization

Nice-To-Have Skills:

• Knowledge of project management

• Experience with Clarity, Fieldglass, JIRA/Confluence

• Knowledge of capital markets and regulatory frameworks

Degrees or certifications:

- Bachelor’s degree in Finance, Accounting, Commerce, or related field

- MBA is preferred

- CPA an asset

Best Vs average: The ideal candidate will be a financial analyst with strong Project Financial Control experience and managing high level stakeholders.