Financial Analyst

Multimatic; Newmarket; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading manufacturing company in Ontario seeks a detail-oriented professional to manage standard costing systems, analyze variances, and prepare financial reports. Responsibilities include conducting audits, maintaining fixed assets, and supporting budgeting processes. Ideal candidates will have strong analytical skills and an understanding of financial reporting. Commitment to safety and compliance with industry standards is essential.

Qualifications

• Strong analytical skills and attention to detail.
• Understanding of standard costing and financial reporting.

Responsibilities

• Maintain standard costing systems for manufactured products.
• Analyze manufacturing and costing variances with operations.
• Prepare and analyze monthly cost reports and inventory valuations.
• Conduct audits of BOMs, routings, and inventory.
• Monitor changes in costs and margin impacts.
• Maintain fixed asset subledger and prepare fixed asset reports.
• Assist with budgeting and forecasting for CapEx and depreciation.

Job description

Responsibilities

• Responsible for maintaining standard costing systems for all manufactured products
• Responsible for analyzing manufacturing and costing variances (material, labor, and overhead) and work with operations to resolve discrepancies
• Prepare and analyze monthly cost reports, including inventory valuation, production costs, and margin analysis
• Conduct regular audits of BOMs, routings, and inventory to ensure data accuracy
• Responsible for the annual standard cost roll and support annual budgeting and forecasting processes
• Responsible for monitoring and tracking changes in raw material, labor, and overhead costs and margin impacts
• Maintain the fixed asset subledger, ensuring accurate and timely recording of acquisitions, transfers, disposals, and depreciation
• Monitor and track all capital projects, coordinating with project teams to ensure proper capitalization and ensure compliance with internal controls, company capitalization policies
• Prepare and review monthly fixed asset reports, depreciation schedules, and roll-forwards
• Assist with budgeting and forecasting for capital expenditures (CapEx) and depreciation expenses
• Prepare and enter month-end journal entries and assist in month end close and preparation of month end reporting package
• Complete account reconciliations as assigned
• Assist in reviewing the requisition log
• Assist in the preparation of year-end audit package
• Assist in the preparation of the annual budget and quarterly forecasts
• Follow all departmental and general procedures where applicable
• Perform other duties as assigned by the General Manager and/or Department Manager
• Abide by all company safety rules, responsibilities, policies, and procedures including the legislative requirements of the OHSA
• Work in compliance and conform to the Environment and ISO 14001 and IATF 16949 standards
• Adopt and practice Kaizen principles; participate in Kaizen and GEAR activities

As part of our commitment to ensuring our employment practices are fair, accessible, and inclusive of persons with disabilities, recruitment-related accommodations for disabilities are available upon request throughout the recruitment and assessment process for applicants with disabilities.