Financial Analyst

About Sweat and Tonic:

Sweat, recover, connect: Sweat and Tonic (S&T) brings the best of boutique fitness and wellness under one roof. S&T is Toronto's leading fitness and wellness hub, offering the widest collection of group fitness classes in Canada. From complimentary full-service amenities and an unparalleled range of yoga, Pilates, HIIT, indoor cycling, HYROX, and Lagree Megaformer classes powered by top-of-the-line fitness equipment, custom-programmed lighting, immersive projection screens and state-of-the-art sound systems, to premium spa, recovery and high-tech biohacking amenities - every aspect of S&T has been designed to deliver a best-in-class experience with a hospitality approach. With premium spa facilities, 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, S&T has innovated and expanded 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 spring 2023, S&T opened its first international sister location, Silver Springs, a boutique yoga and Pilates oasis in the heart of Los Angeles, and opened its second location in Toronto at The Well in December 2023. S&T expanded the brand in June 2025 with a new concept studio, Reformd - the world’s largest-capacity Lagree studio, and will be bringing a fourth location in Toronto’s prestigious Yorkville neighbourhood in 2026. S&T was the recipient of the 2023 Mariana Tek Lasting Community Award, 2023 ClassPass Best Studio Award, and the Mariana Tek Best of Boutique Fitness Awards for 2024 and 2025, recognizing the highest studio attendance and commitment to innovation and excellence.

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 Director, your primary job responsibilities will include:

Expense Management & Accounts Payable

• Track and analyze operating expenses across Sweat & Tonic and Silver Springs, identifying areas for cost optimization and communicating findings to relevant teams
• Process all outgoing payments on behalf of Sweat & Tonic, including EFTs, wires, cheques, and e-transfers, following approval policies
• Receive, record, and code all invoices for S&T and Silver Springs, ensuring accurate system entry for smooth month-end reconciliation
• Prepare budget vs. actuals variance reports to identify areas of savings and financial pressures
• Support construction budgeting and expense tracking through collaboration with the Construction team, including inputting and maintaining invoices in Procore
• Daily monitoring and maintenance of all Float transactions for Sweat & Tonic, including detailed allocation breakdowns and category tracking, with monthly exports and duplicate reconciliation
• Monthly review and reconciliation of Float transactions for Silver Springs, including allocation breakdowns, categorization, and duplicate checks
• Perform bi-weekly reconciliation of instructor payslips
• Conduct bank and account reconciliations to ensure completeness and accuracy of financial records
• Prepare the HST filing on a monthly basis

Accounts Receivable

• Create and issue invoices for the Sales, Partnerships & Events team, maintaining accurate revenue allocation records for all events
• Follow up with clients on remittance of outstanding invoices and conduct monthly audits of outstanding vendor invoices to ensure timely collection

Administrative & Operational Support

• Daily management of the accounting mailbox, prioritizing and actioning all incoming correspondence
• Full-cycle management of new employee onboarding and end-to-end processing of employee departures
• Maintain meticulous financial filing and records to support departmental compliance and audit readiness
• Support 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; actively working towards or completed a CPA designation is strongly preferred
• Solid understanding of full-cycle accounting, including accounts payable, accounts receivable, reconciliations, and financial reporting
• Strong knowledge of business fundamentals with the ability to draw insights and convey complex information in a clear and actionable manner
• Excellent organizational skills with the ability to manage multiple priorities with minimal direction in a fast-paced environment
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUPs, financial modelling)
• Experience with QuickBooks, Float, Procore, Netsuite or UKG is an asset
• Familiarity with ERP systems is considered an asset
• Self-motivated, team-oriented, with strong written and verbal communication skills and a personal interest in health and fitness

Compensation & benefits:

• $55,000 - $65,000 base salary dependent on experience
• 10% annual bonus plan
• 3 weeks of annual vacation
• Comprehensive health benefits
• Unlimited S&T membership for you and a loved one
• 30% off at S&T shop
• 20% off at Tonic Bar
• 20% off Tonic Spa treatments
• Access to discounts at up to 5,000 retailers across Canada
• Employee Assistance Program
• Up to $2,500 tuition reimbursement annually

Inclusion and equal opportunity employment:

We are an equal opportunity employer. In addition, 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 an accommodation due to a disability during any aspect of the recruitment process and we will work with you to address your needs.