Financial Analyst (Reporting and AI)
We are currently seeking a detail-oriented, tech-savvy and forward-thinking Financial Analyst with a CPA designation to join our finance team. This role is ideal for a finance professional who not only excels in traditional financial analysis but also brings a strong interest and understanding of how Artificial Intelligence (AI) can be applied to financial processes and legal operations.
The successful candidate will work closely with finance leadership and cross-functional teams to deliver data-driven insights, streamline reporting, and explore innovative solutions to enhance efficiency and profitability.
Duties and Responsibilities:
- Prepare monthly, quarterly, and annual financial reports with commentary tailored for legal practice management.
- Lead and support the budgeting, forecasting, and long-range planning process across departments.
- Monitor and interpret metrics such as billings, WIP, collections, utilization, realization, and other legal-specific KPIs.
- Provide insights into profitability; recommend strategies for margin improvement.
- Assist in month-end close, variance analysis, and preparation of financial statements in accordance with ASPE.
- Develop and enhance financial models related to partner compensation, firm profitability, and strategic initiatives.
- Identify and assess opportunities to apply AI and automation tools to improve forecasting, reporting, billing, or workflow efficiency.
- Collaborate with IT and operations teams to evaluate and implement AI-driven financial solutions.
- Maintain and improve reporting tools and dashboards; ensure data quality across the Firm.
- Ensure compliance with internal controls, firm policies and financial reporting standards.
Qualifications:
- CPA designation (CPA, CA; CPA, CMA; or CPA, CGA) required and in good standing.
- 5+ years of experience in financial analysis, preferably within a law firm or professional services environment.
- Strong understanding of law firm financial metrics (realization, utilization, WIP, A/R, etc.).
- Understanding of AI technologies and their applications in finance or legal operations (e.g., predictive analytics, document automation, intelligent reporting, etc.).
- Proven experience preparing and presenting financial data to non-finance professionals.
- Advanced PowerPoint skills, with the ability to distill complex financial data into digestible visuals and narratives.
- Experience with legal or financial systems such as Elite 3E, Aderant, Power BI, or equivalent.
- Advanced Excel skills
- Knowledge of data visualization and business intelligence tools is an asset.
- Strong interpersonal and communication skills to collaborate with stakeholders across the firm.
- Demonstrated ability to think analytically and proactively identify opportunities for process improvement.
- High level of professionalism, confidentiality, and attention to detail.
Success in this role means:
- Conducts oneself in a manner consistent with Firm Values and promotes a respectful and positive work environment.
- Team player with a strong ‘can-do’ attitude.
- Exhibits strong ability to ensure all Firm policies and control procedures are adhered to.
- Able to process a high volume of work while maintaining extreme accuracy and attention to detail.
- Able to quickly grasp requirements and demonstrate initiative to seek answers where required.
- Excellent analytical skills.
- Can resolve day-to-day issues independently, escalating issues where appropriate.
We thank all those who apply. However, only those selected for an interview will be contacted. Please note that any offer of employment will be conditional upon background and reference checks.
If you are motivated and looking to excel, please submit your resume in confidence to: HR@torkinmanes.com
About Us
Torkin Manes LLP is a vibrant, growing, medium-sized full-service law firm located in downtown Toronto. Our 100+ lawyers practise in all areas of business law and litigation. Torkin Manes is ranked as the #1 Ontario regional law firm by Canadian Lawyer and is consistently ranked as one of Canada’s top Regional law firms by Chambers Canada. Our consistent top rankings are a testament to our client service ethic, commitment to the legal profession, and success in our areas of practice.
Torkin Manes LLP is a proud member of the Law Firm Diversity and Inclusion Network (LFDIN) and an employer partner of the Canadian Centre for Diversity & Inclusion (CCDI). We are an Equal Opportunity Employer that is committed to inclusive, barrier-free recruitment and selection processes. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005 and the Ontario Human Rights Code, we provide employment accommodation during the recruitment, selection and/or assessment processes.
Should you require an accommodation, please contact Nazli Ghafoori, HR Manager, by email at nghafoori@torkinmanes.com or by phone 647-417-5311, and we will work with you to meet your accessibility needs.
NO AGENCIES PLEASE.