Junior Financial Analyst

Department of Position: Finance

Reports to: Financial Analyst

Existing Vacancy: Yes – Open and available immediately

Company Description

For over 30 years, Lorex has been creating security systems designed to protect your home and business. Founded and headquartered in Canada, we’ve grown to become leaders in DIY (Do It Yourself) security, offering premium solutions built on innovation, reliability, and expertise that enhance your lifestyle and protect what matters most.

Job Summary

The Junior Financial Analyst is responsible for providing insightful analysis and recommendations to influence initiatives in the business and play a key role in the annual operating budget, forecasting and multi-year planning process and will support programs and the Leadership team by providing evidence based-analysis for effective decision-making.

Duties & Responsibilities:

• Analyze and present trends in key performance indicators including all areas of revenue, cost of sales, expenses and capital expenditures
• Support continued development of Budgeting, Financial Forecasting, Operating Plan and Modeling tools
• Implement and work with a Business Intelligence Tool and Dashboard reports
• Develop financial models and analyses to support strategic initiatives
• Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
• Translates raw data into meaningful dashboards, trends, reports and strategic recommendations to enable evidence based decision making with regards to financial, operational and complement data.
• Prepare a monthly reporting package that includes key financial information, comprehensive Key Performance Indicator (KPI) reporting, operational Dashboard reporting, analysis of key performance drivers and business trends, actual versus budget variances, and comprehensive executive level explanations of differences.
• Benchmark program against industry peers. Identify and analyze savings opportunities.
• Responsible for maintaining corporate scorecards
• Support other functional projects such as customs & tax compliance.

Requirements:

• Knowledge, Skills and Abilities (KSAs)

• Bachelor's Degree or above in Business, Accounting, Finance or Data Science

• Good knowledge of IFRS

• Advanced knowledge in Excel and AI tools

• Strong analytical and problem-solving abilities

• Detail-oriented with strong organizational skills and ability to multi-task, prioritize and meet deadlines

• Superior communication skills (oral and written) and interpersonal skills

• Positive attitude with an orientation for growth and learning

• Competency Profile

• Self-motivated and pro-active, with respect to both managing workload and professional development

• Ability to work in a dynamic, complex, fast-paced environment, to adapt quickly, problem-solve and to manage changing priorities

• Ability to think creatively

• Ability to follow policies and procedures; Complete administrative tasks correctly and on time; support organization's goals and values; Benefit organization through outside activities; Support affirmative action and respects diversity

• Ability to demonstrate accuracy and thoroughness; Look for ways to improve and promote quality; Apply feedback to improve performance; Monitors own work to ensure quality

• Background Experiences

• 1-3 years of relevant business / financial analysis experience with progressive roles and responsibilities

• Ability to work with a large dataset

• Strong excel skills including VLOOKUP and pivot tables

• Experience with financial modelling and analysis techniques

• Experience in consumer electronics organizations and e-commerce

• Experience with SAP, Cube, Claude, and Shopify will be considered an asset

Lorex welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Please note that we use AI tools as part of our recruitment process to enhance efficiency and improve candidate experience.