24 Oct
|
SafetyCo
|
Toronto
Location
This is a hybrid role with in-office work required two days per week at one of our SafetyCo locations.
Duration
This is a fixed-term contract ending July 27, 2027, with the possibility of extension.
Project Overview
SafetyCoLabs is a new workforce education and training venture by SafetyCo. The initiative is designed to modernize workforce training by combining digital learning, industry-aligned curriculum, and direct pathways into employment.
Watch introduction video here: https://www.youtube.com/watch?v=HiPqi-FnB9c&t;=13s The Financial Analyst supports SafetyCo’s financial planning, reporting, and accounting operations.
Responsibilities include budgeting, forecasting, accounts payable and receivable, reconciliations, and expense tracking across business units. The role primarily supports the delivery and operational requirements of our SafetyCoLabs initiative. As capacity allows, the role will also support core SafetyCo business operations and broader organizational priorities.
Working closely with Finance and operational leaders, the Financial Analyst monitors financial performance, tracks program expenditures, and maintains accurate financial records. The role helps ensure costs are properly allocated, budgets are managed effectively, and funding requirements are met.
We’re looking for someone with a strong accounting foundation, sharp attention to detail, and the ability to look beyond individual transactions to understand the bigger financial picture.
Why This Role Exists
As SafetyCo grows, accurate financial reporting and effective budget management are essential to sound business decisions and responsible financial management.
This role provides visibility into spending, forecasts upcoming costs, and identifies budget variances. You will support budget tracking, expenditure documentation, and financial reporting to help ensure funding is managed and reported appropriately.
What Success Looks Like
Success in this role looks like:
- Accurate budgets and forecasts that reflect ongoing and one-time expenses.
- Regular tracking of actual spending against budgets, with variances identified early.
- Clear visibility into costs across business units, programs, and funding periods.
- Accurate tracking of SafetyCoLabs expenditures against approved budgets.
- Complete financial documentation to support funding reports, verification, and audits.
- Accurate accounts payable, accounts receivable, and credit card reconciliations.
- Timely invoice processing, collections follow-up, and vendor payments.
- Correct allocation of expenses across business units and funding periods.
- Reliable financial reporting that supports informed decision-making.
- Improved financial processes, controls, and reporting accuracy.
Requirements
What You'll Do
Budgeting & Financial Analysis
- Support the development and maintenance of annual budgets and financial forecasts.
- Track actual spending against budgets weekly and monthly. Identify variances, trends, and potential risks.
- Monitor ongoing and one-time expenses to ensure all anticipated costs are included in the appropriate budget.
- Identify upcoming financial commitments and costs that may need to transition between business units or budgets.
- Track expenses associated with funded initiatives, program activities, and funding periods.
- Monitor SafetyCoLabs expenditures against approved budgets and funding allocations.
- Forecast upcoming program costs and identify potential underspending, overspending, or budget pressures.
- Analyze the impact of expenses on business operations, cash flow, and financial performance.
- Prepare cost analyses and financial reports to support planning and decision-making.
- Provide budget updates and financial insights to Finance and operational leaders.
Accounting Operations
- Support accounts payable and accounts receivable, including invoice processing, payment tracking, and outstanding balance follow-up.
- Review, code, and process vendor invoices and employee expense reports in line with company policies.
- Verify approvals, general ledger coding, and supporting documentation.
- Coordinate weekly payment runs and support cash flow management.
- Reconcile corporate credit card transactions and statements. Investigate discrepancies and verify documentation.
- Monitor vendor accounts and resolve payment inquiries, outstanding invoices, and disputes.
- Maintain accurate accounting records and support month-end and year-end close processes.
Financial Controls & Compliance
- Ensure transactions are recorded accurately and follow internal policies and applicable accounting standards.
- Apply the correct GST/HST treatment when processing invoices and expenses.
- Maintain supporting documentation for funded program expenditures.
- Help ensure SafetyCoLabs-related expenses are appropriately allocated, documented, and reported in line with applicable funding requirements.
- Support account reconciliations, financial documentation, and audit requests.
- Investigate discrepancies and coordinate corrective actions.
- Maintain organized financial records in line with audit and retention requirements.
Process Improvement & Collaboration
- Work with Finance and operational teams to validate budgets, confirm expenses, and improve financial visibility.
- Collaborate with SafetyCoLabs program leadership to monitor spending and forecast program costs.
- Identify opportunities to streamline accounting processes, reporting, and budget tracking.
- Support automation initiatives that improve efficiency and accuracy.
- Maintain reliable financial data across accounting systems and business units.
- Communicate budget variances, upcoming expenses, and financial risks to relevant stakeholders.
What You Bring
Required
- Bachelor’s degree in Finance, Accounting, Economics, or a related field.
- Minimum 3 years of combined experience in accounting operations and financial analysis.
- Practical accounting knowledge, including accounts payable, accounts receivable, reconciliations, and general ledger coding.
- Experience supporting budgets, forecasts, and expense tracking.
- Strong proficiency in Microsoft Excel and financial reporting.
- Experience with accounting software such as QuickBooks, SAP, or similar platforms.
- Strong analytical, organizational,
and problem-solving skills.
- Excellent attention to detail and commitment to financial accuracy.
- Ability to manage competing priorities and meet deadlines in a fast-paced environment.
- Strong communication skills and the ability to work effectively with Finance, operational teams, and external vendors.
Preferred
- Experience developing and monitoring budgets across multiple business units, projects, or funding streams.
- Experience tracking one-time costs, ongoing commitments, and expenses that transition between budgets.
- Experience with month-end and year-end closing processes.
- Knowledge of GST/HST requirements and applicable accounting standards.
- Experience with cash flow monitoring, payment processing, and vendor account management.
- Familiarity with financial process automation and workflow improvements.
Core Competencies
Accounting & Financial Accuracy
Maintain accurate financial records, reconciliations, and transactions while following established controls.
Budgeting & Forecasting
Build and monitor budgets, anticipate upcoming costs, and identify variances before they affect business performance.
Analytical Thinking
Understand how individual expenses and financial decisions affect the broader business.
Organization & Attention to Detail
Manage transactions, reporting requirements, and deadlines with accuracy and consistency.
Problem-Solving
Investigate discrepancies, resolve financial issues, and develop practical solutions.
Ownership & Accountability
Take responsibility for financial deliverables, follow through on commitments, and proactively flag risks.
Communication & Collaboration
Work effectively with Finance, operational teams, and vendors to maintain accurate records and resolve issues.
Continuous Improvement
Identify opportunities to strengthen financial controls, streamline workflows, and improve reporting.
Benefits
Perks & Extras
- The little things matter too.
- Employee discounts on select products and services
- Team events, social activities, and recognition moments that actually feel fun (not forced)
- The chance to do meaningful work that genuinely improves workplace safety in communities
Company Culture
- This is a place where people matter.
- A collaborative, inclusive, and supportive team environment
- Business casual dress
- A real commitment to learning, development, and helping people grow
- A workplace where ideas are welcomed, voices are heard, and contributions actually make a difference
About SafetyCo
SafetyCo is Canada’s leading integrated workplace safety partner, bringing together specialized safety companies, expert teams, and industry-leading services into one coordinated model, where we’re actively changing how workplace safety is done.
We help take the complexity out of workplace safety by making it simpler and more connected. Instead of juggling multiple providers, clients get one integrated partner for training, consulting, compliance, emergency response, occupational health, and risk management. The result is less chaos, stronger compliance, and safer workplaces that actually run better. And we do this all alongside a team of excellent people who genuinely enjoy what they do.
*This Employment Ontario initiative is funded in part by the Government of Canada and the Government of Ontario.
📌 Financial Analyst (Toronto)
🏢 SafetyCo
📍 Toronto