Location
Toronto, ON | Canada
Job description
FINANCIAL ANALYST
About Us
Sweat and Tonic (S&T) is Canada’s most innovative and exciting boutique fitness and wellness hub, offering the widest collection of expertly programmed yoga, Pilates, HIIT, and ride group fitness classes. S&T creates a curated, immersive fitness experience for sweat addicts to challenge their minds and bodies within a community that grows, succeeds, and celebrates together. With premium spa facilities, high-tech biohacking amenities, café, and bar offerings, members can recharge, recover, and reignite. Tonic House, the multi-functional lounge, workspace and event venue, inspires collaboration and innovation. Since opening in 2019, we've innovated and expanded our state-of-the art classes across multiple channels: In-studio, Sweat in the Park, Sweat Live, Sweat on Demand, and Sweat on the Roof – a one-of-a-kind, outdoor rooftop fitness studio in the heart of downtown Toronto. In 2023, we opened our first international sister location, Silver Springs, a boutique yoga and Pilates oasis in the heart of Los Angeles, and a new 25,000 sq.ft. immersive fitness & wellness hub in Toronto at The Well. This is a unique, once-in-a-lifetime opportunity to become a part of a passionate, dynamic team that is here to disrupt the fitness industry.
About the Role
We are seeking a professional and dedicated Financial Analyst who is passionate about growing the S&T brand through meaningful financial insights to drive action and decision making.
Reporting to the Finance Manager, your primary job responsibilities will include:
- Expense Management:
- Track and analyze operating expenses, including identifying areas to teams for cost optimization
- Provide guidance on expense management to departments to ensure financial efficiency and that annual budgets are met
- Ensure timely payment of invoices and timely receipt of accounts receivables
- Prepare budget vs. actuals variance reports to teams to identify areas of savings and pressures
- Payroll:
- Execute end-to-end payroll processes, including collecting and verifying timesheets with department leads, calculating wages and ensuring timely payments to employees
- Stay up to date with federal, provincial and local payroll regulations, ensuring compliance with tax laws and other statutory requirements
- Maintain accurate and up to date employee payroll records, including start date, probationary periods, termination dates, requesting ROE’s, etc.
- Assist in administering employee benefits related to payroll such as monitoring eligibility for health insurance, calculating premiums, etc.
- Ensure confidentiality and security of payroll information, adhering to data protection regulations
- Audit and Control:
- Conduct regular internal audits to assess the effectiveness of financial and operational controls
- Identify areas of material risk and misstatement and provide recommendations for enhancing internal processes
- Ensure compliance with established internal policies, procedures and regulatory requirements
- Design, implement and monitor internal control frameworks to safeguard company assets and data, including cybersecurity
- Ad-hoc projects and financial analyses, as required
Qualifications
- 1-3 years of progressive experience in accounting and finance, and/or other relevant business area
- Degree in accounting or business/commerce, with preference for those working towards, or completed, a relevant industry-recognized certification (e.g. CPA)
- Strong knowledge of business fundamentals and analytical skills with ability to draw insights and convey complex information in a straightforward manner
- Excellent organizational skills and ability to establish priorities with little direction in a fast-paced environment
- Strong skills using Microsoft Excel
- Experience with Quickbooks is an asset
- Self-motivated, team-oriented, strong communication skills and personally interested in health and fitness
Compensation and Perks
- Competitive salary, based on qualifications and experience plus participation in annual bonus plan
- Comprehensive health benefits, including S&T membership for you and a loved one
- Perks including 40% off S&T retail shop, 20% off Tonic Bar, access to discounts at up to 5,000 retailers across Canada
- Employee Assistance program
- Supplemental parental leave
- Up to $2,500 annual tuition reimbursement
Inclusion and Equal Opportunity Employment
Sweat and Tonic is an equal opportunity employer. We are committed to providing accommodations for applicants upon request at any stage of the recruitment process in accordance with all legislative requirements throughout Canada. Please let us know if you require accommodation due to a disability during any aspect of the recruitment process and we will work with you to address your needs.
Job tags
Salary
