Financial Analyst

Canco Petroleum Ltd.; Kelowna; On-site; CAD 65,000 - 75,000; Full time

Job summary

Canco Petroleum Ltd. in Kelowna, Canada, seeks a Financial Analyst to support budgeting, forecasting, reporting, and contract analysis. You will collaborate with category & marketing and other departments to develop budgets, monitor spending, and provide insights for business decisions.

The ideal candidate is analytical, detail-oriented, and collaborative, with a solid accounting foundation and strong FP&A skills. This role reports to the finance team in a fast-paced environment.

Qualifications

• Bachelor’s degree in accounting, Finance, Business Administration, or related field.
• CPA designation or progress toward CPA is considered an asset.
• 2–5+ years of relevant experience in finance, accounting, FP&A, or a similar role.
• Experience supporting budgets, forecasting, variance analysis, and month-end close.
• Experience reviewing contracts, vendor agreements, or commercial terms is preferred.
• Strong understanding of accounting principles, accruals, reconciliations, and financial reporting.
• Advanced proficiency in Microsoft Excel; experience with ERP systems and reporting tools is preferred.
• Experience working with cross-functional teams, particularly marketing or operations, is an asset.

Responsibilities

• Budgeting, forecasting & financial analysis for categories and departments.
• Monitor budget vs forecast; prepare variance analyses with explanations.
• Support financial planning for campaigns, projects, vendor services & expenses.
• Build financial models to improve planning accuracy and scenario analysis.
• Evaluate proposals, spend requests, and business initiatives with stakeholders.
• Translate financial data into actionable insights for non-finance stakeholders.
• Maintain schedules of key contracts and commitments for reporting.
• Assist with month-end close and related journal entries and reconciliations.
• Develop regular financial reports, dashboards, and management summaries.

Skills

Budgeting

Forecasting

Financial analysis

Contract analysis

Variance analysis

Cross-functional collaboration

Excel

ERP systems

Education

Bachelor’s degree in accounting, Finance, Business Administration, or related field

Tools

Excel

ERP systems

Reporting tools

Job description

Salary Range: $65,000.00 To $75,000.00 Annually

The Financial Analyst plays a key cross-functional role in supporting the company’s financial planning, budgeting, contract analysis, and accounting processes. This position works closely with category & marketing and other departments to help develop budgets, monitor spending, analyze financial commitments, support month-end closing, and provide

meaningful reporting and insights to support business decisions. The ideal candidate is analytical, detail-oriented, and collaborative, with a strong foundation in accounting and financial analysis. This role requires the ability to work effectively with non-finance stakeholders, evaluate financial implications of contracts and business activities, and ensure financial information is accurate, timely, and aligned with company policies and objectives.

Main Accountabilities

• Budgeting & Forecasting Support
• Reporting, Controls & Process Improvement
• Undertake additional responsibilities and special projects as required.

Key Responsibilities

Budgeting, Forecasting & Financial Analysis

• Assist in the development of annual budgets, quarterly forecasts, and monthly spending projections for category & marketing and other functional areas.
• Monitor actual results against budget & forecast, and prepare variance analysis with explanations and recommendations.
• Support department leaders with financial planning for campaigns, projects, vendor services, subscriptions, and operational expenses.
• Build and maintain financial models to improve planning accuracy and support scenario analysis.
• Identify trends, risks, and opportunities that may impact budget performance or spending expectations.

Departmental Business Finance Support

• Act as a finance officer to category & marketing, and other departments by providing financial guidance and analysis to support business decision-making.
• Work with department leaders to evaluate proposals, spending requests, and business initiatives.
• Translate financial data into clear and practical insights for non-finance stakeholders.
• Support cross-functional initiatives that require budgeting, cost analysis, or financial input.

Contract Analysis & Commercial Support

• Review contracts, vendor agreements, agency arrangements, and service agreements to assess financial terms, pricing, payment schedules, and other relevant renewal clauses.
• Evaluate contract implications on budgets, accruals, and cash flow planning.
• Work closely with internal stakeholders such as category & marketing, legal, and other department leaders to ensure financial terms are appropriate and aligned with company policies.
• Maintain schedules or summaries of key contracts and commitments for reporting and planning purposes.
• Identify potential cost savings, financial risks, or compliance concerns in commercial agreements.

Accounting & Month-End Close

• Support month-end and year-end close related to departmental spending, accruals, prepaid expenses, and expense allocations.
• Prepare or assist with journal entries, account reconciliations, and supporting schedules.
• Review invoices and expense coding for accuracy, completeness, and compliance with company policies.
• Ensure financial transactions are properly recorded in accordance with accounting standards and internal procedures.
• Assist with audit or review requests and documentation related to expenses, contracts, and departmental financial activity.
• Reporting, Controls & Process Improvement
• Prepare regular financial reports, dashboards, and management summaries related to departmental spending and financial performance.
• Help maintain internal controls over budget approvals, spending, and financial commitments.
• Monitor compliance with company approval processes, expenses and payment expectations, and financial policies.
• Identify and recommend improvements to budgeting, reporting, contract tracking, and financial workflows.
• Support continuous improvement initiatives that increase efficiency, visibility, and financial discipline across the organization.

Qualifications

• Bachelor’s degree in accounting, Finance, Business Administration, or a related field.
• CPA designation or progress toward CPA is considered an asset.
• 2–5+ years of relevant experience in finance, accounting, financial planning & analysis (FP&A), or a similar role.
• Experience supporting budgets, forecasting, variance analysis, and month-end close.
• Experience reviewing contracts, vendor agreements, or commercial terms is preferred.
• Strong understanding of accounting principles, accruals, reconciliations, and financial reporting.
• Advanced proficiency in Microsoft Excel; experience with ERP systems and reporting tools is preferred.
• Experience working with cross-functional teams, particularly marketing or operations, is an asset.

Core Competencies

• Financial analysis and problem-solving
• Budgeting and forecasting
• Accounting accuracy and attention to detail
• Contract and commercial awareness
• Strong communication and interpersonal skills
• Ability to work cross-functionally with non-finance stakeholders
• Organization and time management
• Integrity, judgment, and professionalism
• Success Measures / Performance Indicators
• Accuracy and timeliness of budget and forecast support
• Quality of variance analysis and financial recommendations
• Timely and accurate completion of month-end accounting activities
• Accuracy of accruals, reconciliations, and expense coding
• Effectiveness of contract review and financial risk identification
• Departmental stakeholder satisfaction with finance support
• Improved visibility, compliance, and control over spending and commitments
• Contribution to process improvements and reporting enhancements

Ideal Candidate Profile

The ideal candidate is someone who can balance analytical finance work with strong business partnership skills. They are comfortable working across departments, can interpret financial and contractual information with care, and are able to support both day-to-day accounting requirements and forward-looking budget planning. They bring a proactive, collaborative, and detail-oriented approach to supporting the business