Financial Analyst

BWX Technologies; Peterborough; On-site; CAD 63,000 - 98,000; Full time

Job summary

A nuclear energy company in Peterborough, Ontario, seeks a Financial Analyst to manage project contracts, prepare financial reports, and ensure budget compliance. The ideal candidate has a strong accounting background and proficiency in Microsoft Excel and SAP. Competitive salary and comprehensive benefits including health, retirement plans, and professional development opportunities are offered. Join us and contribute to the innovation within the energy sector.

Benefits

Comprehensive health benefits

Defined Contribution Pension Plan

Flexible hybrid schedules

Educational Refund Plan

Professional development access

Gym membership discounts

Diverse and inclusive culture

Team-building activities

Qualifications

• Minimum of 3 years financial or project accounting experience.
• Knowledge in SAP would be an asset.
• Experience with spreadsheet applications, data manipulation techniques.

Responsibilities

• Monitor all financial aspects of contracts.
• Prepare and issue sales invoices.
• Responsible for project budget and revenue recognition.

Skills

Team player

Detail-oriented

Analytical skills

Problem-solving abilities

Relationship-building skills

Education

Degree or diploma in accounting-related discipline

Tools

Microsoft Excel

SAP

Job description

At BWXT Nuclear Energy Canada Inc. (BWXT NEC), we are committed to excellence in every business initiative. With nearly 500 workers across locations in Peterborough, Toronto, and Arnprior, BWXT NEC supplies nuclear fuel and fuel channel components, services, equipment and parts for the CANDU nuclear power industry.

Welcome to BWXT

We believe in empowering our employees and cultivating a dynamic workplace that fosters growth and collaboration. Whether you’re an experienced professional or just starting your career, you'll find opportunities to challenge yourself, learn from seasoned experts, and contribute to nuclear innovation. We required a diverse range of skills to support our work in the markets that drive our business and welcome candidates from all backgrounds and life stages who are passionate about making a difference.

We are looking for a Financial Analyst for our Peterborough, Ontario site. The Peterborough community invites you to take a deep breath, relax and enjoy life. We have an abundance of recreational opportunities, festivals, and entertainment that is fueled by culture, nature and homegrown culinary experiences. Friendly people, inspiring landscapes and incredible lakes are waiting for you in the heart of cottage country. The region is home to 140,000 people (approx. 83,000 in the City of Peterborough) in addition to the charming towns, townships and villages that make up the County. We offer the best of all worlds here and we’d like you to get to know us a bit better.

Position Overview

The Financial Analyst monitors all financial aspects of contracts which include project set-up, budget changes and revenue recognition. Prepare and issue sales invoices to customer and follow up on accounts receivables. Prepare weekly, monthly and quarterly forecasts, financial reports and variance analysis reports.

Location:

This position is onsite in Peterborough, Ontario.

Your Day to Day:

• Projects and Sales Orders
  • Responsible for Fixed Price and Time and Material Projects or Sales Orders
  • Determine contract Revenue Recognition per ASC605-35.
  • Set up and maintain projects in SAP & Timberline, Upload Project Structures and Budgets to SAP.
  • Prepare scope change or CCN’s for contract changes (sell price and budget changes).
  • Monitor budget, costs and cash flow; budget vs. actuals.
  • Complete month end accruals for revenue recognition or other project accruals that are required.
  • Review month end revenue recognition results for projects and sales orders.
  • Prepare monthly project variance reports.
• Customer Invoicing
  • Work with Project Managers to issue milestone billings.
  • Work with Project Administers, review Cost reports and prepare sales invoices for customer Time and Material billings. Reconcile material information in SAP and gather applicable invoice backup required for the customer.
• Forecasting
  • Monthly forecast for backlog projects, including booking, revenue, budget, actual cost, gross profit, billings, receipts as well as treasury cash forecast.
  • Work with Project Managers and Project Controls to forecast backlog projects.
  • Enter quarterly forecast in BPC and ensure the forecast is balanced in BPC. The forecast is completed for all assigned backlog projects, sales orders as well as New Business Projects.
• Meeting Preparation
  • Prepare documents for internal cost review meeting as follows; contract profit statement, risk and opportunity list, CCN reports, billing schedule, cash flow, aged accounts receivable.
  • Work with Project Manager to complete Risk and Opportunity list.
  • Provide documents for internal monthly reviews, i.e. project review meetings.
• Additional Activities/Special Requests
  • Provide information to internal and external auditors.
  • Ensure audit and SOX and COSO requirements are being followed.
  • Provide input and update quarterly/yearly corporate templates.
  • Account reconciliations

Required Qualifications:

• Degree or diploma in an accounting-related discipline complemented by a minimum of 3 years financial or project accounting experience, enrollment in an accounting designation program would be an asset.
• In depth knowledge of Microsoft Office, mainly Excel. Knowledge in SAP would be an asset
• Some experience with spreadsheet applications, data manipulation techniques, VLOOKUP formulas, macros.
• Team player: able to work across different teams and contribute to a positive environment
• Hands on, detail-oriented with excellent analytical skills.
• Proven problem-solving abilities.
• Good relationship-building skills with a commitment to supporting a team

WHAT WE CAN OFFER YOU: Ensuring the well-being of our employees is our priority and we offer comprehensive and competitive benefits for our employees and their families.

• Comprehensive Health Benefits– Including health, dental, vision, and disability coverage to keep you feeling your best.
• Secure Your Future– Defined Contribution Pension Plan and an optional Company-matched retirement savings plans (RRSP/TFSA/EPSP)
• Work-Life Balance– Flexible hybrid schedules and compressed workweek option available
• Help Grow Our Team– Earn generous referral bonuses with our two-tiered Employee Referral Program($1,500 and $3,000!).
• Invest in Your Education– Up to $5,250 USD per year through our Educational Refund Plan.
• Professional Development– Gain access to training, certifications, and growth opportunities to advance your career.
• Your Wellness Matters– Enjoy gym membership discounts and access to mental health support programs.
• A Welcoming Workplace– Join a diverse, inclusive, and supportive culture that celebrates you.
• Fun & Connection– Engage in team-building activities organized by our Social Committee.

Ready to grow with us? Apply now and let’s build something amazing together!

BWXT confirms that the position represents a current vacancy within our organization

At BWXT, we are committed to a fair, transparent, and inclusive hiring process. As part of our recruitment process, we use artificial intelligence (AI) tools to assist with screening and evaluating applicants. These tools support our efforts to make consistent and equitable hiring decisions.

The base salary range for this position in Ontario at the start of employment is expected to be between $63,000.00 and $98,000.00 per year. However, the base salary offered is based on local job market factors and may vary further depending on factors specific to the selected job candidate, such as job-related knowledge, skills, experience, and other objective business considerations. Subject to these considerations, the total compensation package for this position may also include other elements, such as an annual cash incentive in addition to a full range of medical, retirement, and/or other benefits. Details of participation in these benefit plans will be provided at such time the selected job candidate receives an offer of employment.

BWXT Nuclear Energy Canada Inc. embraces diversity of thought, values individuality, encourages new perspectives and provides equal opportunity in employment for all qualified employees and applicants without regard to race, national or ethnic origin, colour, religion, age, sex, sexual orientation, marital status, family status, disability, a conviction for which a pardon has been granted or a record suspended or any other category protected by federal law.