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Financial Analyst
iTMethodsHartford, CT, US1 day ago
Job type
- Full-time
Job descriptionLead 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. 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. 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. 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. 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 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. Keep abreast of relevant ASPE, taxation and Federal and Provincial grants updates through the reading of pertinent literature and other relevant sources. 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 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
Financial Analyst
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 platforma central hub for AI / ML, DevOps, Cloud, Compliance, Security, and FinOps. 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
- 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.
- Perform ad-hoc financial analysis and reporting as requested by management to address specific business questions and challenges.
Budgeting & Forecasting
Process Improvement & Automation
Payroll & Benefits Oversight
Strategic Support & Business Partnering
Investigating alternative sources of funding
Risk Management & Compliance
Continuous Development
Qualifications
Our Commitment to You
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Financial Analyst • Hartford, CT, US
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