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About the Role

Empire Life is seeking a highly analytical and strategic Senior Financial Analyst to act as a core finance partner for the Information Technology department. This role bridges Corporate Finance and Technology, driving the end-to-end planning cycle, optimizing IT spending, and providing insights on technology investments. The ideal candidate is a proactive problem-solver skilled in financial modeling, variance analysis, and translating complex data into executive-ready narratives.

Responsibilities

Lead the consolidation and analysis of overall IT budgets and forecasts, preparing executive presentation slides and explaining variances.
Partner closely with business leaders and Cost-Benefit Analysis (CBA) owners to update actuals, forecast numbers, and collaboratively explain variances.
Develop robust financial models to forecast subsequent year expenses based on current-year trends.
Provide financial oversight and support for IT expense optimization.
Drive FinOps initiatives by partnering with technical teams to manage, monitor, and report on Cloud infrastructure expenses.
Support Project Managers with rigorous reporting on project financials and external vendor spend.
Manage comprehensive forecasting cycles including salary, benefits, and CPIP transfers, as well as external vendor and project actuals.
Forecast and monitor IT investments by developing and updating Cost-Benefit Analyses (CBAs).
Track the Return on Investment (ROI) of previous years' CBAs and model the future financial impact of planned IT investments.
Maintain and track core Financial KPIs for the IT organization.
Identify and implement continuous improvements across financial data, models, and overall reporting processes.
Perform rapid, ad-hoc financial analysis for IT stakeholders, including YoY growth studies.

Requirements

Completion of a university degree or Bachelor's degree in a quantitative field such as business, accounting, finance, economics, mathematics, statistics, or information systems.
5+ years of progressive professional experience in accounting, corporate finance, investment administration, or tax compliance frameworks, preferably in the insurance or financial services sector.
Advanced financial modeling skills (Excel) and experience with enterprise planning tools.
Familiarity with Cloud billing (FinOps) and Gartner benchmarking frameworks is a major asset.
Advanced knowledge of spreadsheet and database software with high proficiency in financial modeling, data query toolsets (SQL/ETL principles), relational databases, and core ledger architectures.
Proven ability to build relationships with non-finance stakeholders (e.g., IT Directors, Project Managers) and guide them through complex financial concepts.
Excellent written and verbal communication traits, with proven comfort presenting synthesized findings to senior leaders and negotiating transactional outcomes with external stakeholders.
Strong structural organization, with the capacity to prioritize multiple tasks and handle confidential information while working under intense deadlines.
English language proficiency is required for communicating with customers, advisors, or employees across Canada.

Skills

Financial modeling
Variance analysis
Excel
Enterprise planning tools
Cloud billing (FinOps)
Gartner benchmarking frameworks
Spreadsheet software
Database software
Data query toolsets (SQL/ETL principles)
Relational databases
Core ledger architectures
Relationship building
Financial concept explanation
Written communication
Verbal communication
Presentation skills
Negotiation
Structural organization
Prioritization
Confidentiality management

Location

Ontario

Work Type

Hybrid
Permanent
Full-time

Experience Level

Senior
5+ years of progressive professional experience

Education Level

University degree or Bachelor's degree in a quantitative field
Professional accounting designation (CPA) and/or CFA designation is highly preferred

Salary/Compensations

$92,960 - $142,960

Benefits

Competitive salaries with annual pay increases
Annual bonus program
Access to learning & development programs
Education/tuition reimbursement (role dependent)
Comprehensive employer-funded benefits package starting from day one
Life insurance
Health and dental
Generous health account
Flexible work arrangements
Annual allotment of personal health days
Four weeks annual vacation from hire date
Defined contribution pension plan with generous employer matching
Top up programs for parental leave and compassionate leave
Employer-sponsored wellness and recognition programs
Cash employee referral program

About the Company

Empire Life provides expertise and intelligent solutions to help Canadians navigate life with confidence.
Empire Life is a medium-sized Canadian company in a stable industry that emphasizes the importance of innovation to use industry-leading technology.
Empire Life is committed to creating an inclusive environment and welcomes everyone to participate in our application process.
Empire Life is dedicated to building an inclusive and barrier-free workplace.

Equal Opportunity

Empire life is proud to be an equal opportunity employer.
We celebrate diversity, are committed to creating an inclusive environment, and welcome everyone to participate in our application process.
We encourage those of all backgrounds and experiences to apply, even if you don't believe you meet each unique qualification outlined.
Applicants will receive equal consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.
Empire Life is proud to be an equal opportunity employer, dedicated to building an inclusive and barrier-free workplace.
We welcome applications from people with disabilities and are committed to providing accommodations at any stage of the recruitment process.
If you require a specific adjustment to help you present your best self, please let us know—we are happy to work with you.
If you need this job posting in an alternative format or have any accessibility questions, please contact recruitment@empire.ca.