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Cost Analyst

Hybrid
$43 - $51/hr
Mid Level
CONTRACTOR

About the role

Location: Halifax or Toronto Hybrid (4 days a week mandate in office) Pay Rate: Halifax: $43.17/hr - $51.17/hr Pay Rate: Toronto: $43.34/hr - $51.17/hr Contract Length: 6 Months

We at Raise are hiring a Cost Analyst for one of our top clients. After establishing themselves as an industry leader, they’re now expanding their team to meet rising demand. We’re hiring right now; if you’re interested, apply below for your chance to join a great place to work.

Responsibilities

Monitor incoming mail for assigned invoices and contact vendors when expected invoices have not been received Reconcile invoices and calculate internal business allocations following business agreed methodology Investigate reconciliation discrepancies and coordinate resolution with vendor and trading business Document variances to best practice and provide to 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, 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 new invoices or enhancements to processing of existing invoices Work on assigned projects in the areas of process improvement and automation

Must Have Skills

Bachelor's degree in accounting or finance, 2+ years of experience in Cost Management, Capital Markets, Securities Trading, Brokerage, or similar environment Experience reconciling and processing high-volume transactional data, with the ability to identify and resolve discrepancies accurately. Required in-deep knowledge in accounting journals and be proficient in processing cost allocations. They should understand fundamental accounting principles, be able to explain journal entry logic, and demonstrate how they have applied these skills in practical scenarios. While not mandatory, familiarity with PeopleSoft, SAP, or other RBC internal accounting systems is a plus. Ability to work under tight deadlines and manage multiple competing priorities in a fast-paced environment. Proven adaptability to organizational changes, system implementations, and process improvements, with the ability to adjust to evolving business needs. Quick learner with strong self-directed learning skills, able to become productive with minimal training and work independently. Familiarity with Capital Markets products and various associated supporting systems used within 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

Nice-to-have Skills

Working knowledge of SQL. Experience with VBA 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

Looking for meaningful work? We can help!

Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.

We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.

We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation: https://raise.jobs/accommodations/

In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-9675 or hello@raiserecruiting.com

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