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Financial Analyst

Full time
Toronto - Head Office


The Financial Analyst is a hybrid role that will support the Financial Planning & Analysis and Controlling functions initially reporting into the Finance Director. Core tasks include business analytics, forecasting, budgeting, and reporting. The ideal candidate must be comfortable operating in a fast-paced organization, bring a problem-solving approach, be experienced with leading projects, and is a strong communicator.


•    Prepare the monthly reporting package consisting of financial statements, visualizations, presentations, and other exhibits as requested for Wholesale, Medical and Diatec 
•    Performing monthly variance analyses to deliver insights to the Finance, Sales, and Production teams  
•    Reconcile data from the ERP to the data warehouse used for reporting and identify discrepancies that require management’s attention
•    Coordinate with Controlling on the accruals needed for operational expenses and/or revenue discounts based upon business insights and knowledge 
•    Participate in budgeting and forecasting process 
•    Monitor and report on customer loans to ensure compliance with contract requirements  
•    Develop brand performance tracking and analysis reports using PowerBI and/or MS Excel for both revenue and expenses 
•    Design and maintain models and analytics in excel to support the business and senior management  
•    Assist accounting team members as needed as it relates to reporting of financials


•    Undergraduate degree in Accounting, Finance, or a related field
•    Must be on the CPA pathway (Enrolled in CPA PREP or PEP)

•    1-3 years of internship/full-time experience working in financial analysis or accounting
•    Intermediate MS Excel skills (Ex. Pivot Tables, XLOOKUP, IF Statements, and Financial Modelling)
•    Understanding of IFRS and Managerial accounting analysis 
•    Strong written and verbal communication skills
•    Ability to manage several tasks and projects simultaneously
•    Ability to critically review data to drive business decisions
•    Experience with building PowerBI dashboards and leveraging data cubes is an asset
•    Experience with VBA and automating Excel workbooks is an asset

Why should you work with us?

•    Competitive salary with annual reviews
•    Excellent medical benefits; including dental, vision and health, Employee Assistance Program 
•    Fitness/Exercise spending amount 
•    Group RRSP contributions
•    3 weeks paid vacation
•    6 paid personal days
•    Dynamic work atmosphere
•    Career development programs and opportunities #LI-MB1 

About Demant

Demant is a world-leading hearing healthcare and technology group built on a heritage of care, health, and innovation since 1904. The Group offers innovative technologies, solutions, and expertise to help people hear better. In every aspect, from hearing care, hearing aids and hearing implants to diagnostic equipment and services and audio solutions, Demant is active and engaged. Headquartered in Denmark, the Group employs more than 21,000 people globally and is present with solutions in 130 countries where we create life-changing hearing health and high-end audio and video solutions. William Demant Foundation holds the majority of shares in Demant A/S, which is listed on Nasdaq Copenhagen and among the 25 most traded stocks.


Demant is committed to building an inclusive environment and will provide accommodations in accordance with the AODA (Accessibility for Ontarians with Disabilities Act). Please clearly indicate in your application any accommodations you will require throughout the recruitment process.

While we appreciate the interest of all applicants, only those selected for an interview will be contacted.

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