Cost Analyst

An Initial AI Screening will be conducted for this role. Please Click Here to complete your AI screening while submitting your application. JOB DESCRIPTION Location: Hybrid | Bedford, Nova Scotia Duration: 6 months Our client, a leading financial institution in Downtown Toronto, is looking for a Cost Analyst to monitor incoming mail for assigned invoices and contact vendors when expected invoices have not been received.

The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada. Typical Day in role: Reconcile invoices and calculate internal business allocations following business agreed methodology Investigate reconciliation discrepancies and coordinate resolution with vendor and trading business Document variances to best practice and provide to team lead for approval Prepare allocation templates and post to financial systems Arrange vendor payment through accounts payable or manual payment Manage special financial scenarios: accruals, prepayments, journals, etc. Prepare reports for and respond to inquiries from various parties including the trading business, product control, financial control Perform cost analysis identifying material trends and drivers and/or opportunities for savings Perform business analysis and testing in relation to onboarding of new invoices or enhancements to processing of existing invoices Work on assigned projects in the areas of process improvement and automation Must-Have Skills: 1-3 years of experience in Capital Markets, Securities Trading, Brokerage, or similar environment Familiarity with Capital Markets products and various associated supporting systems used within organization (Fixed Income, Money Markets, Equities, Derivatives, etc.) Understanding of accounting procedures and systems Highly organized with an attention to detail and an ability to analyze information Ability to communicate complex information clearly to trading business and senior management Comfortable with adhering to deliverables in a fast-paced, dynamic environment Intermediate to advanced level knowledge of Excel Advanced knowledge of VBA and SQL Knowledge of the firm's financial systems and booking processes in relation to assigned invoices Nice-To-Have Skills: Knowledge of global providers of 3rd party trade execution services including Brokers, Exchanges, Clearing and Settlement Agents, Securities Depositories, Custodians, and Regulators Understanding of Capital Markets organizational structure (including front office sales and trading, middle office, product control, back-office operations, regulatory/compliance, etc.) Education: Bachelor's degree in accounting or finance FP Inc. is committed to creating an inclusive environment where all team members and clients feel like they belong.

In accordance with the requirements set out in the Employment Standards Act, FP Inc. hereby declares that AI is utilized in the screening process for this position. We seek applicants with a wide range of abilities, and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, colour, religion, national origin, sex, physical or mental disability, or age. #J-18808-Ljbffr