Financial Analyst

Overview

Founded in 1996, RFA (Realty Financial Advisors) is a leading Canadian-owned real estate firm. Through RFA Bank of Canada and RFA Mortgage Corporation, RFA offers mortgage brokers a complete range of Prime and Alternative mortgage solutions.

RFA Bank of Canada, a division of RFA (Realty Financial Advisors), is a federally regulated Schedule I Bank. Our goal is to be a long-term leader in the residential lending market by offering more than just competitive rates and compensation. At RFA Bank of Canada, we focus on delivering a unique value proposition in the Alternative mortgage space, committed to innovation and exceptional service to meet a diverse range of borrower needs.

The Opportunity

We’re looking to fill a Financial Analyst position at RFA Bank of Canada !

Reporting to the Controller the Financial Analyst is responsible for supporting the period end close process, as well as daily accounting and reconciliations, analytics on variances, accruals, and preparation of audit supporting schedules. This role has daily responsibilities and requires an individual that thrives in a fast paced and dynamic department.

Responsibilities

• As the Financial Analyst , you will:
  • Be responsible for booking daily journal entries for multiple entities.
  • Prepare month-end accrual entries and journal entries for period close.
  • Perform reasonability analysis on trending journal entries to ensure completeness and accuracy.
  • Investigate various transactions as part of variance analysis and reconciliations, coordinating with other internal and external groups, draw conclusions and propose adjusting entries if required.
  • Leverage available data through the enhancement and development of analytical reports to support monthly reporting.
  • Wire requests to Treasury department to support funding and other transfer requirement.
  • Contribute to an accurate and timely month end close free of material misstatements.
  • Provide back-up to other Finance team members for reconciliation and journal entry postings.
  • Increase operational efficiency by reviewing and recommending improvement to existing procedures and processes, and leveraging technology.
  • Provide general day-to-day accounting/reconciliation support and assist with any other ad-hoc tasks or special projects, as may be required from time to time.

Financial Reporting and Governance

• Assist in the preparation of quarterly and annual financial statements in accordance with IFRS.
• Ad hoc reporting for senior management.
• In conjunction with the Controller assist in maintaining a strong control environment and good governance practices.

What You’ll Need to Succeed

• Undergraduate Degree in Business Administration, Finance or Accounting
• At least 1-2 years of experience in a finance role
• A CPA designation or working towards a CPA designation is an asset
• Previous experience working in financial services is considered an asset
• Hybrid working conditions during regular business hours
• Occasional overtime around reporting periods

What Sets You Apart

• Advanced knowledge of Microsoft Office (Excel, PowerPoint, Word)
• Knowledge of NetSuite is an asset
• Ability to multi-task, work under pressure and meet deadlines required
• Ability to work independently with strong attention to detail

Our Values and What We Offer at RFA

At RFA, we live by our core values. These values guide our daily actions and shape our work culture:

• Accountability: You take ownership of your work & its consequences. You always consider risk & make informed decisions.
• Selflessness: You share info & teach others. You’re able to put your ego aside & understand that the best idea wins.
• Inclusivity: You value differing viewpoints & experiences. You understand how this can drive growth & innovation.
• Innovation: You seek opportunity & embrace change. You see tech as a way to enhance productivity & drive profitability.
• Courage: You make tough decisions in our best interest. You see opportunity when faced with challenge or adversity.
• Impact: You value results & your contributions. You rise to the occasion and never settle for sub-par.
• Performance: You embody a competitive spirit, desire to win and strive for executional excellence.

Benefits

Along with a strong work culture, RFA offers a comprehensive benefits package, including:

• Vision Care
• RRSP Match
• Health & Wellness Spend
• Vacation & Personal Days
• Hybrid working environment

Accessibility

Accommodation is available upon request for applicants and employees with disabilities. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure you have access to a fair and equitable process. Any information received relating to accommodation will be addressed confidentially.