We are currently seeking a dynamic Senior Financial Analyst to join us at our
Scarborough location, working on-site. The Senior Financial Analyst is
responsible for helping the organization make important business decisions based
on financial data and key business metrics. You will gather sets of data, assess
data quality to understand outliers, and analyze the information to reach
actionable conclusions related to cost, profitability, liquidity, etc. The
projects might range from monthly budget-versus-actual analysis to capital
expenditure ROI analysis to building headcount planning models. Your strong
communication skills enable you to present your findings in creative ways to
ensure the information is understood. Your favourite challenges are the ones
that tap into your innate analytical thinking skills to find answers to business
questions and discover patterns in data that show where the company or
department can improve and/or grow now and in the future.
Major Responsibilities
Costing
- Review Auto Count transactions with Supervisors to ensure data is correct and
necessary adjustments are made prior to update
- Inputs Manual Cost Sheets
- Run daily/weekly WIP Calc report. Review variances with Operations and make
necessary cost corrections
- Build report on daily production metrics/schedule vs actual
- Read through daily metrics at daily production meeting. Highlight variances
for comments from supervisors
- Maintains Customer Job Margin/Profitability Report and reviews for accuracy.
Works with applicable departments to refine and streamline reporting
- Review Standard Costs for accuracy
- Calculates Machine Hour Rates annually and updates Radius as required
- Gathers data and prepares reports and analysis as required
- Performance Tracking toward targeted Cost Metrics
Inventory Control
- Facilitates and co-ordinates monthly and yearly physical inventory counts
- Reports on physical count variances and steps taken to reduce variances
- Works with Operations to investigate and reduce count variances
- Review and monitor monthly inventory adjustments
- Prepares inventory reporting/reconciliation/journal entry
- Processes month end Inventory Valuation reports and review for accuracy
- Review monthly inventory reserves to ensure in line with reserve policy
- Recommends modifications to existing processes to increase effectiveness and
enhance internal controls
Budgets & Forecasts
- Compares monthly budget/forecasts to actuals and analyses variances
- Prepares Dept Budgets and supports Department Managers with variance analysis
budget versus actual reporting
- Works with Controller to prepare forecasts per forecast timeline
- Cost savings reporting against budgeted Cost Savings project list
- Maintains and prepares budget template and assists in annual budget
preparation
Other Duties
- Prepare Sales reporting by category vs budget CAD/USD
- Prepare Orders Pending report for local team to help forecast monthly sales
- Prepare Schedule Adherence report for Corp
- Other duties as assigned.
Qualifications
- Bachelor’s degree in Finance, Accounting, or Business Administration; MBA is
a plus.
- 4+ years experience in various corporate finance, accounting, or data
analysis roles.
- Experience with continuous improvement methodologies (e.g. Lean) a plus.
- Outstanding spreadsheet skills required; Experience with relational databases
and /or SQL a plus.
- Ability to thrive in a fast-paced environment, demonstrating flexibility and
taking initiative on tasks and challenges
- Detailed oriented, organized
- Insatiable curiosity to understand patterns and “story” in data sets
- Reporting and data visualization skills using various tools
- Demonstrated analytical, troubleshooting, and problem-solving skills that
lend themselves to inventive solutions that provide direct business value
- Ability to assess, troubleshoot, and improve the quality of data obtained and
used in analysis
- Ability to manage data sets and models, including experience with managing
large data sets
- Ability to document processes and effectively conduct trainings in individual
or group settings
- Strong written and verbal communication skills, with the ability to adapt
this skill for different audiences or situations (ex. Leadership,
Manufacturing, Technology)
- Ability to coordinate or manage projects with small, cross-functional teams
- While performing the duties of this job, the employee is occasionally
required to stand and walk throughout some of the work day, based on project
needs.
