Senior Financial Analyst

Toronto, ON, Canada Req #91
Tuesday, May 4, 2021

Join a happy, growing team! 86% of employees recommend MCAN as a great place to work! XMC leads competitors in growth year-over-year!

Job Summary:

The Senior Financial Analyst supports the MCAN Mortgage Corporation financial reporting and accounting team through the accurate and timely preparation of accounting entries, account reconciliations and financial reports.  The Senior Financial Analyst plays a key role in MCAN’s internal and external financial reporting obligations, in addition to regulatory reporting, month end processes and ad hoc finance tasks.  He or she is expected to add value to this role by developing an understanding of the businesses supported and the relevance of applicable journal entries, reconciliations, and reports, as well as maintaining a drive for continuous improvement.


This position will report to the Director, Financial Reporting and Accounting and will work with other staff in a cooperative and collaborative team environment to achieve the Finance department’s objectives.


What you will be responsible for:

  • Supporting the Director, Financial Reporting and Accounting in contributing to company wide projects and finance-specific projects and initiatives.
  • Supporting the accuracy, completeness, integrity and appropriateness of the company’s internal and external financial reporting and disclosure requirements.
  • Supporting the monthly end close and financial reporting for assigned accounts, as required, through analytical review and reconciliation review.
  • Supporting the continuous improvement of efficiency of Finance processes such as external audit process, month end close process, and day-to-day operational processes.
  • Implementing and coordinating efficiencies in accounting routines and financial reporting processes on a project basis; collaborating with IT department
  • Assists in the preparation of materials to be reported to shareholders on a timely and accurate basis.
  • Preparing regulatory reporting on a monthly, quarterly and annual basis.
  • Preparing internal financial reporting reports to other departments
  • Supporting the accuracy, completeness, integrity and appropriateness of the company’s internal and external financial reporting and disclosure requirements.
  • Responsible for the update and management of procedure documentation relevant to the role.

·       The work experience, skills, education that you bring: 


o  Bachelor’s Degree (Business/Accounting/Finance preferred)
o  Completed or working towards CPA designation
Work experience: 
 o  3 or more years of professional work experience in a Finance or Accounting role or Big 4 accounting firm, or equivalent experience
o  Financial services industry experience


·        Skills & Abilities:

o  Strong research, analytical, and problem-solving skills with superior attention to detail
o  Good understanding of financial reporting processes/controls, financial planning & analysis and finance best practices
o  Ability to understand accounting standards and their applicability to MCAN
o  Proficiency and experience with Microsoft Office Suite (PowerPoint, Word, Excel) and financial reporting tools
o  Strong communication skills (both written and verbal)
o  Excellent time management and organization skills
o  Ability to thrive in a dynamic environment, managing several tasks concurrently
o  Self-driven, with the ability to work independently, taking leadership and ownership of processes
o  Ability to effectively communicate with team members of all levels and respond to stakeholders’ needs and work collaboratively with others

·        Additional Information:

 o  MCAN employees currently work remotely on a temporary basis due to COVID-19
o  Upon return to working on premises, the company will offer flexibility regarding work-from-home arrangements.

About XMC:

An agile, boutique residential mortgage lender with the experience, the character and the commitment to excellence required in Canada’s evolving real estate market. XMC is proudly owned by MCAN Mortgage Corporation, a federally regulated mortgage investment corporation. Our team is made up of respected industry innovators, influencers and big-thinkers. We do things differently than other lenders. Our business isn’t selling mortgages, it’s building relationships.  We’re all about team, how we can make contributions, and our own self development. If you’re excited about connecting - so are we!

About MCAN:

MCAN is a niche-strategic investor in the Canadian real estate market focused on three key areas: single-family mortgages, residential construction loans, and other real estate investments. Our targeted approach to growth reflects our expertise and understanding of the needs of investors, clients, partners and the markets in which we invest.

Our people are our best asset - the kind of people you want on your team: smart, collaborative and helpful with a friendly, positive attitude. We are committed to building the company and building team member capabilities. Do you possess and value the same attributes? Are you interested in your own development? Then come join our team!

The above information in this description has been designed to indicate the general nature and level of work performed by employees in the position. It is not designated to contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

MCAN is committed to providing accommodation to applicants throughout the job application and interview process. If you require any accommodations, please contact our Human Resources team at 416 847 2461

Other details

  • Pay Type Salary
  • Employment Indicator Perm FT
  • Toronto, ON, Canada