Company Overview:
iTmethods is a 20+ year-old firm specializing in managed services, enterprise AI, DevOps, and cloud integration. As an AWS MSP and SOC 2 Type II certified company, we're radically transforming from pre-AI capabilities to post-AI dominance through our iTmethodsONE platform—a central hub for AI/ML, DevOps, Cloud, Compliance, Security, and FinOps.
Financial Analyst
Below are the key responsibilities that the Financial Analyst will focus on. However, the role will not be limited to these on an ongoing basis:
The Financial Analyst plays a strategic role in driving financial planning, analysis, and reporting activities across the organization. Reporting directly to the CFO, this role is responsible for delivering insightful financial analysis, maintaining financial integrity, and supporting executive decision-making. The Financial Analyst will take ownership of key financial processes, lead strategic initiatives, and support continuous improvement in reporting, forecasting, and cash flow management. A strong business acumen, attention to detail, and the ability to communicate complex financial data effectively are critical for success in this role.
Responsibilities:
- Financial Planning, Analysis & Reporting
Lead the preparation and maintenance of monthly, quarterly, and annual financial statements, including the income statement, balance sheet, and cash flow statement.
Provide detailed variance analysis and deliver financial insights to support strategic decision-making.
Manage the cash flow of the organization and prepare rolling cash flow forecasts on a quarterly basis.
Enhance and maintain PowerBI dashboards and provide performance metrics to leadership.
Coordinate and oversee the provision of information for the annual audit
Ensure compliance with provincial/state and federal government reporting requirements and tax filings in jurisdictions iTmethods operate in.
Ensure revenue and cost recognition is in compliance with ASPE standards, and the process is well documented and kept up to date.
Ad-hoc Analysis: Perform ad-doc financial analysis and reporting as requested by management to address specific business questions and challenges.
- Budgeting & Forecasting
Lead the development of annual budgets and reforecasts in collaboration with executive leadership and department heads.
Build dynamic forecasting models to assess financial performance and scenario planning.
Ensure alignment of forecasts with strategic goals and business priorities.
- Process Improvement & Automation
Identify, design, and implement enhancements to financial systems, processes, and internal controls.
Drive automation initiatives in reporting and analysis to improve accuracy and efficiency.
Maintain and update financial policies and procedures in alignment with industry best practices.
- Payroll & Benefits Oversight
Oversee payroll processing, including ensuring accuracy of employee compensation, deductions, and tax compliance. Collaborate with HR to address payroll-related issues and discrepancies. Ensuring strict confidentiality in all aspects of this role
Calculate bonuses and sales commission and manage accruals on a quarterly basis
Ensure vacation balances are kept up to date
Ensure compliance with payroll tax laws and timely issuance of year-end documentation.
- Strategic Support & Business Partnering
Act as a financial business partner to other departments, providing actionable insights and guidance.
Analyze financial impacts of business initiatives, operational changes, and strategic projects.
- Investigating alternative sources of funding
Responsible for sourcing, assessing and applying for Federal and Provincial funding when appropriate, including but not limited to SRED, IRAP, FedDev, Hiring Grants and Training Grants
- Risk Management & Compliance
Monitor financial risks and develop mitigation strategies, including foreign exchange and insurance management.
Foreign exchange hedging strategies to manage currency risk
Ensure ongoing compliance with ASPE standards and government regulatory requirements.
Maintain awareness of industry changes, how they impact iTmethods and suggest suitable approaches to mitigate the impact on the company
- Continuous Development
Keep abreast of relevant ASPE, taxation and Federal and Provincial grants updates through the reading of pertinent literature and other relevant sources.
- Process Improvement, Policy & Procedure Documentation
Continuous process improvement for incremental enhancements to processes, procedures, and systems to achieve greater efficiency, effectiveness, and quality
Policy development: creation of policy document including policy's purpose, scope, responsibilities, and procedures ensuring it aligns with company's value and goals
Procedure documentation: document all internal critical procedures, provide step-by-step instructions on how tasks should be performed
Internal controls: implementing and documenting internal control procedures to safeguard company assets and prevent fraud
Documentation maintenance: continuously reviewing and updating financial policies and procedures to reflect changes in the company's operations, industry standards, or regulatory requirements
Qualifications
Education: Post-secondary / University degree in Business or Accounting/Finance or equivalent
Accounting designation or working towards designation preferred (CPA)
Experience: 2-5 years of work experience in an analytical role, with preference given towards FP&A
Strong analytical, problem-solving, and organizational skills, with the perspective of continually seeking opportunities for improvement
Strong Excel skills, including ability to create / manage large financial models, pivot tables.
Strong interpersonal skills and the ability to work effectively both independently and in a team environment with peers and superiors across organizational lines.
Passion for automation and efficiency
Our Commitment to You
Flexible work environment
Competitive compensation (OTE: Base Salary plus bonus)
Benefits package
Learning and Development
Career Progression
Culture – One team environment founded on respect and collaboration where we do not take shortcuts and are customer obsessed
