Financial Analyst

Job Title: Financial Analyst

Department: Finance and Settlements

Location: North York, ON (On-Site)

Job Type & Duration: Full-time, Permanent

Salary: 55k-65k

Company Overview:

Nexus Energy Inc. is a privately held company based in Toronto, Ontario. We participate in energy wholesale markets across Eastern Canada and the Northeastern United States and are currently expanding operations into the retail & REC space.

At Nexus Energy Inc. we promote a culture that harmonizes and provides a balance between individual performance, and team-based results. You’ll have the opportunity to be part of a passionate team that drives business values and promotes open discussion whenever and wherever possible. We are in search of a self-motivated and driven individual to become part of our team as a Financial Analyst.

What You Will Do

Settlements Data Analysis and Investigation

Retrieve settlement data, and conduct analysis & investigations for discrepancies.

Perform weekly and monthly reconciliations to ensure settlement and invoicing accuracy.

Collaborate with the Data & IT team to establish and maintain automated data retrieval processes.

Assist in deploying production and non-production environments with the Data & IT team.

Operate and maintain internal tools for accurate and timely reporting.

Verify and update charge components for various transactions with the trading team.

Define internal reporting requirements, structure, and procedures with different teams.

Apply analytical skills to investigate system and business issues, and deliver solutions.

Conduct ad hoc data analysis, interpret, and communicate business insights.

Assess and mitigate financial risks associated with settlements and transactions.

Implement checks and controls to maintain data accuracy and integrity in settlement processes.

Monitor and analyze the performance of settlement activities to identify trends and areas for improvement.

Accounting, Financial Reporting and Analysis

Manage accounts receivable and payable transactions, including analysis, collections monitoring, payment processing, and receipt handling.

Ensure accurate bookkeeping by maintaining the general ledgers.

Prepare financial statements, and associated schedules, and analyze specific accounts or transactions as needed, including quarterly and annual reporting.

What You Will Bring:

Minimum Qualifications/Skills:

Bachelor's degree in Accounting, Finance, Business Administration, or a related field.

Strong quantitative skills and demonstrated ability in analytical problem-solving.

Attention to detail and accountability in analytical assessments.

Understanding of financial and accounting principles.

Familiarity working with databases (SQL), and programming (VBA and Phyton).

Excel knowledge, including data summarization via FX formulas, Pivot tables, Power Pivot, VLOOKUP, etc.

Excellent interpersonal skills, with the ability to communicate clearly and concisely both orally and in writing across all levels of management.

Preference for working within a respectful, collaborative work environment.

Self-motivated and driven individual with a track record of reliability and consistency.

Preferred Qualifications/Skills:

Minimum 1-3 years of experience in financial planning, accounting, or analysis.

Experience with QuickBooks.

Strong database development skills.

What We Offer:

A pay-for-performance environment that offers competitive salaries and incentives.

Numerous opportunities for professional growth and development.

Work-life balance

Comprehensive employer-paid benefits coverage.

Registered pension program professionally managed by a major Canadian financial institution.

Team-building events and access to additional benefits and perks for your overall health and wellness.

JOIN NOW AND POWER YOUR SUCCESS!

Accommodations

Nexus Energy Inc. is committed to fostering an inclusive and accessible work environment. We are committed to providing equitable treatment and accommodation to ensure barrier-free employment by the Ontario Human Rights Code and Accessibility for Ontarians with Disabilities Act (AODA). If you require Code-protected accommodations due to disability during the recruitment process, please communicate them when contacted and we will ensure your needs are met.

Nexus Energy Inc. is an Equal Opportunity Employer and would like to thank all applicants, however, only those who qualify will be contacted for an interview