Financial Analyst - IT

Posted 16 Days Ago
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Toronto, ON
Hybrid
5-7 Years Experience
Automotive • Retail
The Role
Join TRADER Corporation as a Financial Analyst for the IT Engineering Team. Collaborate with stakeholders to develop, monitor, and manage budgets to support strategic decision-making. Conduct variance analysis, financial forecasting, and generate comprehensive reports for management. Requires a Bachelor's degree in Finance or Accounting and a minimum of 5 years of experience.
Summary Generated by Built In

TRADER Corporation is a trusted Canadian leader in online media, dealer and lender services. The company is comprised of AutoTrader.ca, AutoSync and Dealertrack Canada. AutoTrader.ca (AutoHebdo.net in Quebec) offers the largest inventory of new cars and used cars in Canada, receiving over 25 million monthly visits to its marketplace. With over 3,500 subscribers and counting, AutoSync is the largest and fastest growing dealer and OEM software provider in Canada. The platform's suite of connected automotive software solutions brings advertising, conversion and operational support together, synchronizing the entire retail process. AutoSync's diverse range of offerings includes: vAuto, EasyDeal, xtime, Motoinsight, Activix, TAdvantage and TRFFK. Dealertrack is Canada’s largest automotive financing portal, enhancing efficiency and profitability for all major segments of the automotive, marine, recreational vehicle, motorcycle and powersport retail industries. Over 6.5 million credit applications are submitted via the Dealertrack Canada portal each year. Visit tradercorporation.com to learn more..


Trader is a dynamic and innovative technology company at the forefront of IT engineering solutions. We have a broad IT footprint and a complex IT Ecosystem spanning multiple clouds, varied IT disciplines and lots of growth through acquisition. This makes for a complex environment to manage financially. As we continue to grow, we are seeking a talented and detail-oriented Financial Analyst to join our IT Engineering Team.


Job Summary: 

As a Financial Analyst for our IT Engineering Team, you will play a crucial role in financial planning, analysis, and control to ensure the effective and efficient use of resources. You will collaborate closely with project managers, engineers, and other stakeholders to develop, monitor, and manage budgets, providing valuable insights to support strategic decision-making. 


Key Responsibilities: 


Budget Planning and Development: 

- Work closely with IT project managers and other IT leaders to develop detailed project budgets, considering resource requirements, capital expenditures, and operational costs. 

- Collaborate with department heads to understand the financial needs of ongoing and upcoming projects. 


Financial Analysis: 

- Conduct variance analysis to compare actual performance against budgeted figures and provide explanations for any discrepancies. 

- Evaluate financial data to identify cost-saving opportunities and optimize resource allocation. 


Forecasting: 

- Develop accurate and timely financial forecasts to assist in decision-making and long-term planning. 

- Analyze trends and market conditions that may impact budgetary requirements. 


Financial Reporting: 

- Generate comprehensive financial reports for management, highlighting key performance indicators and budgetary metrics. 

- Provide regular updates on budget status, financial risks, and recommendations for corrective actions. 


Collaboration: 

- Work closely with cross-functional teams, including IT engineers, project managers, finance, accounting, and procurement, to gather relevant financial information and ensure alignment with project goals. 

- Communicate budgetary information clearly and concisely to both technical and non-technical stakeholders. 


Qualifications: 

- Bachelor's degree in Finance, Accounting, or a related field. 

- Proven experience (minimum 5 years) as a Budget Analyst, preferably in the IT or engineering sector in a complex eco-system. 

- Strong analytical and problem-solving skills with attention to detail. 

- Excellent communication and interpersonal skills. 

- Proficient in financial modeling and budgeting software. 

- Ability to adapt to a fast-paced, dynamic work environment. 



What’s in it for you…

-We understand that there is life at work and life outside of work. Here are a few benefits we all benefit from that support us to be our creative best.

 

Fitness and wellness

-We provide discounts to nation-wide gyms, onsite gyms (when we’re in the office), an Employee and Family Assistance Program, as well as a virtual wellness program.

 

Benefits from Day 1

-Gym discounts

-Local in-office free gyms

-Employee and Family Assistance program

-Weekly virtual wellness events

-Conferences & training budget

-Regular internal training programs

 

Financial planning

-Let us help you invest in your future with 3% matching towards your pension and multiple forms of income protection.

 

Competitive salary

-Annual bonus structure

-3% CPP matching

 

The Company
Etobicoke, Ontario
1,013 Employees
On-site Workplace
Year Founded: 1975

What We Do

AutoTrader.ca is the leading advertising partner for Canadian automotive retailers and manufacturers. With over 25.7 million visits a month and more than 6 million total mobile app downloads, our largest automotive marketplaces – AutoTrader.ca and AutoHebdo.net – are the #1 source for all things automotive in Canada. The company offers retailers and manufacturers access to a robust audience of new and used car shoppers, best-in-class advertising services and rich data insights. AutoTrader.ca is proud to be the first to offer a completely integrated digital retail experience for consumers and dealers on a major Canadian automotive marketplace.

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