Cost Analyst - 183201-1

In this exciting entry-level role, the Cost Analyst will sit within the Capital Markets division, working as part of a high-performing Trade Expense Management team. You will play a pivotal role in ensuring the timely, accurate, and efficient processing of third-party trade execution invoices through a cutting-edge global central utility system. Collaborating closely with internal control, governance, and business support functions, you will help provide unmatched transparency into trade expense cost bases, volumes, and drivers. If you are highly analytical, thrive in collaborative environments, and want to do work that truly matters, this Cost Analyst position is the perfect stepping stone for you!

This is a 6 month contract position offering 37.5 hours per week. While initially a stable regular placement, our client regularly reviews talent for long-term growth, providing an excellent foot-in-the-door opportunity with strong possibilities for contract extension or permanent conversion based on performance and business needs. The position operates on a modern Hybrid work model, requiring a minimum of 3 days per week on-site at the vibrant Halifax, NS office, allowing you to enjoy both the flexibility of remote work and the collaborative energy of an in-person team.

Advantages
-Competitive Compensation: Earn a steady, salaried income with access to a comprehensive total rewards framework.
-Professional Growth: Receive dedicated coaching and development opportunities from leaders invested in helping you reach your full potential.
-Dynamic Culture: Work within a progressive, high-performing, and deeply collaborative team environment.
-Work-Life Balance: Enjoy flexible work/life balance options built into a structured 37.5-hour work week.
-Meaningful Impact: Engage in challenging work that supports global market operations and drives community prosperity.

Responsibilities
-Monitor incoming mail for assigned invoices and contact vendors when expected invoices have not been received
-Reconcile invoices and calculate internal business allocations following business agreed methodology Investigate reconciliation discrepancies and coordinate resolution with vendor and trading business
-Document variances to best practice and provide to team lead for approval
-Prepare allocation templates and post to financial systems
-Arrange vendor payment through accounts payable or manual payment
-Manage special financial scenarios: accruals, prepayments, journals, etc.
-Prepare reports for and respond to inquiries from various parties including the trading business, product control, financial control
-Perform cost analysis identifying material trends and drivers and/or opportunities for savings
-Perform business analysis and testing in relation to onboarding of new invoices or enhancements to processing of existing invoices
-Work on assigned projects in the areas of process improvement and automation

Qualifications
Must-have
-BBA / BComm / BSc / BA
-1 -2 years experience working in a Capital Markets, Securities Trading, Brokerage or similar environment
-Knowledge of basic accounting concepts
-Knowledge of the firm's financial systems and booking processes in relation to assigned invoices
-Knowledge of products and services in relation to assigned invoices
-Ability to communicate information to trading business and senior management
-Highly organized with an attention to detail and an ability to analyze information
-Advanced knowledge of Excel, VBA and SQL

Nice-to-have
-CPA / CFA

Summary
If you are an analytical, detail-oriented professional ready to kickstart your career in institutional finance, this is an opportunity you don't want to miss. This hybrid role in Halifax offers the perfect blend of foundational financial accounting, data analytics, and high-level corporate exposure.

Ready to make your next big career move? Apply today through Randstad, and let’s shape the future of banking together!

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.