Finance and Treasury Analyst

Calfrac Well Services; Calgary; On-site; CAD 70,000 - 95,000; Full time

Job summary

Calfrac-Well-Service in Calgary, AB seeks a Finance and Treasury Analyst to support corporate finance, treasury operations, cash management, forecasting, and reporting. You will work with the finance team, operating divisions, and banks to enhance financial accuracy and drive strategic decision-making.

The role develops expertise in cash management, banking relationships, and ERP-based reporting, with opportunities to contribute to budgeting and special projects in a dynamic energy services

Qualifications

• Bachelor's degree in a finance-related field is required.
• Professional designation (CPA/CFA/CTP) or actively pursuing is preferred.
• 1–3 years of relevant finance, treasury, or accounting experience is expected.

Responsibilities

• Assist with daily cash management activities and cash position reports.
• Support cash flow forecasting and financial modeling for long-term and strategic initiatives.
• Prepare treasury reports related to liquidity, FX exposures, and banking fees.
• Maintain banking platforms, access reviews, and internal treasury controls.
• Contribute to budget processes and periodic forecast updates with analyses.

Skills

Advanced Excel

Education

Bachelor's degree in Accounting, Finance, Economics, Business, or related

CPA/CFA/CTP or equivalent designation or pursuing

Tools

ERP systems

Financial reporting tools

Job description

At Calfrac, we take pride in our commitment to safety, efficiency and exceptional customer service. To uphold that standard, we look for people who share our vision and can help strengthen our reputation.

OUR CULTURE

At Calfrac, we believe in being an active part of the communities where we operate. Throughout the year, we support community initiatives through volunteerism and donations. Whenever possible, our efforts focus on organizations and programs related to the environment, education, Indigenous initiatives, arts and culture, and community sport.

WHAT YOU WILL DO

The Finance and Treasury Analyst will support the Corporate Finance department by assisting with treasury operations, cash management, financial analysis, financial modeling, budgeting and forecasting activities, and financial reporting requirements. Reporting to the Director, Finance and Treasury, this role will provide analytical support across finance and treasury functions while developing a strong understanding of corporate finance, cash management, banking relationships, financial systems, and business processes.

The position will work closely with members of the Corporate Finance team, operating divisions, and external financial institutions to support effective decision-making, maintain financial controls, and enhance the accuracy and timeliness of financial information.

JOB DUTIES & RESPONSIBILITIES

• Assist with daily cash management activities, including monitoring cash balances and preparing cash position reports.
• Support short-term and long-term cash flow forecasting processes by gathering information from operating divisions and corporate departments.
• Assist in financial modeling for both long term forecasting, as well as strategic corporate initiatives including M&A, corporate investments, joint ventures, or other strategic decisions.
• Prepare treasury reports and analyses related to liquidity, borrowing activity, foreign exchange exposures, and banking fees.
• Assist in the administration and maintenance of corporate banking platforms, user access reviews, and treasury-related internal controls.
• Support the management and maintenance of the Company's bank account structure and associated documentation.
• Prepare analyses related to foreign exchange transactions and exposures.
• Assist with investment and financing administration activities, including maintaining supporting schedules and documentation.
• Support the annual budget process and periodic forecast updates through preparation of financial analyses and reporting.
• Prepare recurring and ad hoc financial reports and analyses to support management decision-making.
• Assist in the preparation of monthly, quarterly, and annual financial reporting packages.
• Collect, analyze, and validate financial and operational data from multiple sources to ensure information accuracy and completeness.
• Identify Key Performance Indicators (KPIs) from operational and financial data and determine key conclusions and business opportunities for improvement.
• Preparation of high-quality presentation materials for senior leadership on performance benchmarking, KPI tracking, and operational efficiency across operations.
• Support continuous improvement initiatives by identifying opportunities to enhance finance and treasury processes, controls, and reporting capabilities.
• Assist with internal and external audit requests by preparing supporting schedules and documentation.
• Maintain treasury policies, procedures, and process documentation as assigned.
• Develop a strong understanding of the Company's business operations, financial objectives, and corporate strategy.
• Participate in special projects and other corporate finance initiatives as assigned.

EDUCATION AND EXPERIENCE

• Bachelor's degree in Accounting, Finance, Economics, Business, or a related discipline.
• A professional accounting or finance designation (CPA, CFA, CTP, or equivalent) or actively pursuing completion of such a designation.
• 1 to 3 years of relevant experience in finance, accounting, treasury, financial analysis, investment banking, or a related field.
• Experience with financial reporting, budgeting, modeling, forecasting, or treasury activities is considered an asset.
• Experience working with ERP systems and financial reporting tools is considered an asset.
• Advanced Microsoft Excel and PowerPoint skills required.
• Exposure to treasury management, cash forecasting, foreign exchange, or banking operations is considered an asset.
• Experience in the oil and gas industry or oilfield services sector is considered an asset.

We thank all applicants for their interest in this position. Only candidates selected for an interview will be contacted.