Job Description

Description :Why Meridian?At Meridian, our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are.Find our story here:As a Finance Specialist:You will provide support for the Meridian for Good strategy by supporting the financial analysis of new initiatives and business decisions, providing insights and reporting on Lines of Business "LOB\xe2\x80\x99s" and product profitability and supporting the Financial Outlook and long-term projections. This role is responsible for assisting with regular updates on LOB profitability and capital efficiency as well as preparing financial assessments of new business opportunities to support decision making. With an understanding of the business, the Finance Specialist will leverage tools and technology to extract and convey financial information and insights in a way that enables key stakeholders to understand the impacts, risks and benefits.The successful candidate will have a passion for continuous improvement, a strong sense of accountability and a proven ability to partner with key stake holders to optimize business decisions and maximize profitability.What you will do:LOB Profitability

• Assist with monthly/quarterly reporting and insights by LOB
• Utilize Funds Transfer Pricing (FTP) methodology to report Net Interest Income by business lines and help evaluate NII performance by product owner
• Analyze and explain variances to Plan on all lines of the P&L

New Initiatives & Analysis

• FP&A representative at Project Intake meetings
• Work with Project Office to help identify financial impact and financial benefits of projects
• Assists with financial analysis, cash flow and P&L projections to support internal projects and external opportunities
• Assists with the financial evaluation of new initiatives to key stakeholders to ensure they are making the most effective business decisions throughout the duration project and beyond
• Benchmarking KPIs internally and externally
• Leverage technology and resources to extract, explain and drive insights

Planning & Forecasting Support

• Supporting business partners to help build their budget
• Help with business modelling on new revenue lines
• Assist with quality assurance on the annual Plan and forecasts
• Ad-hoc analysis as needed

Client Support/Communication

• Demonstrates ability to explain complex financial information and concepts to different audiences, including non-Finance audiences
• Ability to work with different levels and teams of the organization and the ability to obtain required information to support or develop analysis
• Working with additional teams within FP&A to ensure alignment and gather key information
• Develop presentations to support and present various financial analysis
• Help business partners understand their results
• Act as a finance liaison throughout as required

How you will succeed:

• Strong business acumen, excellent interpersonal and communications skills and ability to interact with different levels of the organization
• Post-secondary education in Finance or Business Administration or related field
• Knowledge in financial analysis, budgeting & forecasting, and management reporting
• FTP methodology knowledge is strongly preferred
• Demonstrated ability to effectively work with and summarize large quantities of data and access data from multiple sources
• Experience pulling and manipulating data in SQL a strong asset
• Proficient with all Microsoft Office applications
• Experience with Oracle NetSuite considered an asset
• Relationship building skills with an ability to effectively partner cross-functionally
• Demonstrated ability to leverage technology to streamline processes, tools and analysis
• Experience working in a fast paced & collaborative environment

Join Us! This role is hybrid. Office Location is 75 Corporate Park Dr, St. Catharines, ON.Meridian has a remote work policy that allows flexibility for employees to work remotely but also requires regular time in the office for purposeful meetings to collaborate, innovate and build effective relationships with your team, your colleagues and your leader which is very important to us.What\'s in it for you?We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!We provide you with the tools and technology needed to delight your candidates and clients!You\'ll get to work with and learn from diverse industry leaders, who have hailed from top organizations around the worldHybrid work arrangements with in-person office time to collaborate, innovate and build relationships with your colleaguesThis isn\'t your typical "corporate" job. We work hard and we have fun!Who we are:Meridian is Ontario\xe2\x80\x99s largest credit union, and second largest in Canada, helping to grow the lives of our more than 360,000 Members. Meridian has more than 75 years of banking history and is 100% owned by its members. With 89 retail branches and 15 Business Banking Centers across Ontario and $ 30B in assets under management, Meridian offers a full range of financial products and services to its retail, business banking and wealth members. With over 2000 employees and corporate offices located in Toronto and St. Catharines, Meridian has a track record of creating and delivering innovative new offerings and is committed to investing in the communities that we serve. Our plan is to build on our momentum as we deliver on our purpose - helping our members achieve their best life.Find our story here:Experience the Difference!Meridian is committed to promoting an inclusive, accessible environment, where all employees and customers feel valued, respected, and supported. We are dedicated to employing a workforce that reflects the diversity of our communities and Members in which we live and serve.Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, or disability.We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.Please note that due to the volume of applications, only those under consideration will be contacted for an interview.Thank you for your interest in Meridian Credit Union.Follow us on Twitter at#LI-JZ1
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Meridian Credit Union