Senior Project Financial Analyst (Contract)

Project Management / Gestion de projets Toronto, Ontario

Position at Northbridge Financial Corporation

“The Power of Together”

Join Northbridge, a growing dynamic company that has a long and rich Canadian history in providing innovative insurance solutions to customers nationwide.

Northbridge Financial Corporation is a leading commercial property and casualty insurance company that’s been helping protect Canadian businesses for more than 90 years. We’re 100% Canadian!

We offer a wide range of creative solutions to our customers through our Northbridge Insurance, TruShield Insurance and Federated Insurance brands where we strive to create a fair and friendly culture, upheld by the foundation of our five corporate values: respect, passion, connectedness, creativity, and excellence.

By continually striving to challenge the status quo, and by focusing on helping the customers we have the privilege of insuring achieve the possibilities of their business, we’ve been able to build our reputation as one of Canada’s largest commercial insurance providers.

To help us continue to build on this success, we’re committed to attracting, developing and retaining the best people.

Be part of a team that’s passionate about making a difference every day, fuelled by our entrepreneurial spirit and where everyone owns a part of our success. Our company has had an amazing journey so far, and our future is full of new possibilities!

Located in the heart of Toronto’s Financial District, our head office is easily accessible by TTC and GO Transit, and within walking distance to the Eaton Centre, Scotiabank Arena, Rogers Centre, and CN Tower. As a national property and casualty commercial insurance provider, we also have offices across Canada.

Position Summary 

The Senior Project Financial Analyst supports the VP Strategic Project Management and EPMO team in carrying out the group’s mandate with respect to financial planning, management, reporting and analysis on the company’s enterprise wide project portfolio.

The Senior Analyst must work closely with Project Managers, Business Partners, Planning and Corporate Finance to deliver short and long term financial plans and controls for a wide range of corporate projects.

What you will be doing:

  1. Manage, prepare and coordinate all project expense actuals, forecasts, and plans, and support accounting classification of expenditures between capital and expense.
  2. Establish and elevate financial discipline for enterprise wide projects to enable planning, forecasting and performance analysis.
  3. Support CFO, VP Strategic Project Management, Program Director, Business Sponsors and other senior executives by providing financial analytics in order to enable decision making.
  4. Provide explanations and recommendations for the resolution of financial variances.
  5. Work independently with project managers, business leads, planning and corporate finance to build program and project business cases for Executive approval.
  6. Possess maturity and confidence to challenge operational and financial assumptions and assess operational and financial impacts of decisions
  7. Partner with Project Managers and Business Leads to deliver monthly project reporting, variance to forecast analysis, and lead the project financial forecast and annual planning process.
  8. Maintain the portfolio financial reporting to keep visibility of project financial status through the governance process.
  9. Ensure financial governance process and policies are being adhered to by project managers and business leads.
  10. Lead financial update of Business Cases as required.
  11. Responsible for matching and coding invoices and sending to Accounts Payable for payment.
  12. Establish business case financial metrics or KPI’s and establish the discipline to achieve benefits realization.
  13. Review business cases with the senior leadership prior to broader Executive review including management of assumptions and reporting of costs and benefits.
  14. Responsible for the presentation of reports using various tools including Excel and BI tools to senior executives. Must be able to provide high level and detailed level analytics depending on audience.

What we are looking for:

  • Post-secondary education in Accounting, Financial Management, Economics or Business or an equivalent combination of education and experience.
  • Minimum 5-7 years of progressive experience in a finance or business role.
  • Attainment of CPA, CMA designation with 2plus years relevant experience in a finance planning and modelling role
  • Superior knowledge of Microsoft Office suite, including Excel.
  • Working knowledge of the P&C insurance industry, preferably commercial.
  • Minimum 1-2 years of project finance experience.
  • Working knowledge of enterprise planning and business intelligence tools.

What sets you apart:

  • High degree of motivation
  • Accurate and detail-oriented
  • Strong interpersonal skills to foster collaboration among team members and functional areas.
  • An attitude of continuous improvement.
  • Excellent verbal and written communication skills
  • Willingness and ability to operate effectively beyond one’s current spectrum of expertise or experience.
  • Ability to incorporate new technologies into work flows.
  • Business confidence and maturity are essential.
  • Demonstrated facilitation and presentation skills
  • Strong technical, analytical, and organizational skills

Application Process:

Northbridge welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection process. Interested, qualified candidates are encouraged to apply.

All offers of employment are conditional upon satisfactory background and reference checks, including a criminal record check, credit check, and employment and educational verifications.