Cost Analyst (Bedford)

Cost Analyst (Bedford)

24 Sep
|
Finance Professionals
|
Bedford

24 Sep

Finance Professionals

Bedford

JOB DESCRIPTION

Location: Hybrid | Bedford, Nova Scotia

Duration: 6 months

Our client, a leading financial institution in Bedford, Nova Scotia, is looking for a Cost Analyst to reconcile invoices and calculate internal business allocations following business-agreed methodology. The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada.

Typical Day in role:

- Investigate reconciliation discrepancies and coordinate resolution with vendor and trading business
- Document variances to best practice and provide to the 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, and 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 current 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 the 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
- Knowledge of products and services 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.)
- Advanced knowledge of VBA and SQL
- CPA / CFA

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. The hourly compensation range for this role is C$40 - C$50. 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.

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📌 Cost Analyst (Bedford)
🏢 Finance Professionals
📍 Bedford

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