Financial Analyst

Baffinland Iron Mines

$82K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of progressive experience in financial reporting and month-end close activities.
  • Proficient in IFRS accounting and financial statement preparation with a practical understanding of compliance requirements.
  • Strong SAP experience is essential, particularly for financial reporting and reconciliations.
  • Bachelor's Degree is required, preferably in finance, accounting, or a related field.
  • Experience in the mining, natural resources, or industrial sector is preferred.

Responsibilities

  • Prepare and review monthly, quarterly, and annual account reconciliations and working papers.
  • Perform month-end close activities including journal entries and account analysis.
  • Maintain and reconcile balance sheet and income statement accounts such as debt and leases.
  • Investigate and resolve accounting variances and unusual transactions.
  • Support the preparation of IFRS-compliant financial statements and management reporting.
  • Assist with annual reporting requirements and support audits by providing necessary documentation.
  • Crosstrain for backup coverage in treasury functions and corporate accounting activities.

Benefits

  • Comprehensive benefits package including health and wellness support.
  • Pension plan for long-term financial security.
  • Opportunities for growth and career advancement within a dynamic industry.
  • Encouragement of a diverse and inclusive workplace, prioritizing underrepresented groups.
Full Job Description
Mission for this Position

Reporting to the Head of Reporting, the Financial Analyst is responsible for preparing, analyzing, and reviewing assigned month-end, quarter-end, and year-end financial reporting activities. This role is accountable for assigned balance sheet and income statement accounts, preparing reconciliations and accounting schedules, supporting the preparation of quarterly and annual financial statements, and helping ensure compliance with IFRS, internal controls, and reporting requirements. The position requires strong SAP experience, analytical skills, and the ability to work independently in a fast-paced mining environment while collaborating with operational and corporate stakeholders.

Main Accountabilities

Financial Reporting & Month-End Close
• Prepare and review assigned monthly, quarterly and annual account reconciliations and working papers.
• Perform month-end close activities, including journal entries, accruals, allocations and account analysis.
• Maintain and reconcile assigned balance sheet and income statement accounts, including debt, leases, prepaids, deferred financing costs, exploration and evaluation assets, accruals, provisions, finance costs and other assigned areas.
• Investigate and resolve accounting variances and unusual transactions.
Financial Analysis & Compliance
• Support the preparation of IFRS-compliant financial statements, management reporting and audit deliverables.
• Analyze financial information, investigate variances and support management reporting and decision-making.
• Assist with annual reporting requirements, including ESTMA and other regulatory filings.
• Support internal and external audits through preparation of schedules, reconciliations and supporting documentation.

Backup & Cross-Functional Support
• Crosstrain and provide backup coverage for treasury functions, including bank reconciliations, wire payments, foreign exchange transactions and banking administration.
• Crosstrain and provide backup coverage for corporate credit card administration, travel allocations and other corporate accounting activities.
• Provide support across the finance team during absences, peak reporting periods and special projects.

Systems & Process Improvement
• Utilize SAP and Microsoft Excel for financial reporting, reconciliations, analysis and month-end processing.
• Identify opportunities to improve reporting processes, controls and efficiency.
• Maintain documentation of accounting procedures and controls.

This list is not intended to be exhaustive, and additional duties may be assigned as required.

Main Qualifications

  • 5 years to less than 7 years of Progressive experience in financial reporting, month-end close, account reconciliations, IFRS accounting, financial statement preparation, and SAP. Experience in the mining, natural resources, or industrial sector is preferred.
  • Bachelor's Degree - Required


Compensation

The expected salary range for this position is CAD $82,000 to $95,000, aligned with Baffinland's approved compensation framework and current market conditions.

Salary ranges are provided as guidelines. Final compensation will be determined based on:
• Relevant education and certifications
• Related training and experience
• Internal equity considerations
Baffinland also offers a competitive total rewards package, comprehensive benefits, and a pension.

Eligibility & Hiring Consideration

All applicants must be legally entitled to work in Canada.

In accordance with our commitments under the Inuit Impact and Benefit Agreement (IIBA), priority hiring consideration will be given to Inuit candidates and residents of Nunavut, particularly from communities near our operations.

Baffinland is committed to building a diverse workforce and encourages applications from Indigenous Peoples, women, and individuals from underrepresented groups.

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