FINANCIAL ANALYST

Asahi Canada; Toronto; On-site; CAD 73,000 - 91,000; Full time

Job summary

Asahi Canada is seeking a Financial Analyst to support strategic business decisions and the delivery of financial objectives across budgeting, cost efficiency, and variance reporting. You will oversee COGS and inventory management at month-end close and partner with supply chain and commercial teams.

The role requires 3–5 years in manufacturing costing, strong Excel/data modelling skills, and experience with standard/landed costing. A CPA/CA-like path is beneficial in a fast-paced environment.

Qualifications

• 3–5 years of experience in manufacturing product costing finance roles; experience in the alcohol industry is a plus.
• Bachelor's degree in finance or accounting; strong understanding of GAAP and costing accounting.
• Experience with landed and standard costing; minimum 4 years in financial planning and analysis.
• Excellent Excel skills; data modelling and reporting capabilities.

Responsibilities

• Build financial models and reports in Excel to consolidate, validate, and analyze weekly actuals and forecasts
• Support the budgeting process and COGS validation; review transfer prices and SAP cost updates
• Prepare and analyze monthly full-year forecasts and month-end reporting comparing to budget and prior forecasts
• Assist in management and development of the annual budget and forecasts with supply chain partners
• Develop costing financial models to support performance reporting by brand, pack, SKU, channel and customer
• Ensure GAAP compliance in journal entries and GL reconciliations and audits
• Manage the PO process ensuring accuracy and timely PO creation
• Optimize COGS allocation methodology to generate accurate profitability statements
• Provide leadership to the supply chain operations team on costing requirements and cost changes
• Create dashboards and financial models for executive review
• Provide financial analysis for business cases and capital projects

Skills

Cost accounting

GAAP

Excel

Data modelling

Finance analysis

Cross-functional collaboration

Education

Bachelor's degree in finance or accounting

Tools

SAP

PowerPoint

Forecasting software

Job description

About Asahi Canada

Asahi Canada’s vision is to become an International Premium Beer powerhouse. We will achieve this by leveraging our strengths and existing success models, and by applying a challenger mind-set to everything we do. Asahi Canada's collection of premium beers each tell their own brand story and share a passion for craftsmanship, authenticity and using only the finest ingredients. Our iconic premium beers include Peroni Nastro Azzurro, Grolsch Premium Pilsner, Asahi Super Dry, Pilsner Urquell, Meantime London Pale Ale, Fuller’s London Pride, Tyskie, Kozel, Lech and Zubr. Asahi Group Holdings (our global parent company) is the third largest beer company in the world based on market capitalisation. Asahi Canada is a big bet market and reports into EMEAA which is part of Asahi Europe and International. However, Asahi Canada broadly operates on a stand‑alone basis. At Asahi Canada, we have a clear mandate to strengthen our position by establishing a leading premium presence. The expectations are that Asahi Canada is among the leaders in global growth within Asahi Group Holdings. Asahi Canada has an ambitious, high‑performance culture. It seeks people with entrepreneurial mindsets that thrive in fast paced, market facing environments. It offers talented individuals unique opportunity to work in world‑class teams while assuming high levels of personal accountability to deliver on the company’s mission.

Job Description

Pay Range: $72,800.00 - $91,000.00

Financial Analyst

As a key member of Canada Finance Team, the Financial Analyst is tasked with supporting strategic business decision making and the delivery of Asahi Canada’s strategic and financial objectives. You will utilize your 3-5 years of finance experience in supply chain finance settings to oversee budgeting, cost efficiency, and variance reporting. The role will manage the COGS and inventory management at month end close, budget and forecasting process for each province, by channel and customer and support in the creation and review of forecasts, business cases. Your analytical abilities will aid in driving financial discipline and accountability, ultimately aiming to support decision making to maximise value chains with our business partners. Ensures deliverables are on time, accurate and contain the right level of detail to allow for clear and simple decision making. The role is also responsible for supporting various team in ensuring correct cost allocations and reviewing costs versus budgets, aiming to maximise the efficiency of a fully allocated product costing framework.

Key Responsibilities

• Finance
• Build financial models and reports in excel to consolidate, validate, and analyze weekly actuals and forecasts
• Support the costing budget process inclusive of reviewing transfer prices, SAP cost updates, COGS validation and overall financial impact
• Be responsible for the preparation and analysis of monthly full year forecasts and month end reporting, and comparison to budget and prior forecasts
• Assist in the management and development of the annual budget and forecasts with supply chain business partners
• Develop costing financial models to support performance reporting and variance analysis by brand, pack, sku, channel and customer
• Ensure compliance with GAAP to Journal entries and GL account reconciliations, and with external/internal audit requirements including costing process walk-throughs and testing
• Management of PO process within the business, ensuring inputs are accurate and POs raised in a timely manner
• Optimize allocation methodology of COGS journal entry to generate accurate profitability statement at the lowest dimension level of reporting
• Be an active business partner to the commercial and supply chain operations team including:
• Provide leadership to supply chain operations team in understanding costing requirements
• Interpreting cost changes and providing analysis on the cost changes
• Identifying, recommending and supporting cost improvement opportunities
• Create dashboards and financial models for executive review
• Providing financial analysis for business cases to support commercial initiatives and capital projects

Key Capabilities Required

• Bachelor’s degree in relevant finance or accounting field, strong understanding of GAAP and costing accounting
• 3-5 year of experience in manufacturing product costing finance roles, experience in alcohol industry would be an asset
• Experience with both landed and standard costing
• Minimum 4 year in financial planning and analysis
• Strong proficiency in excel, data modelling and reporting
• Ability to cleanse, organize and analyze complex financial data
• Excellent computer skills for stakeholder management
• Experience of working with a supply chain and marketing business partners would be an advantage
• Able to build trusted relationships quickly with the business
• Comfortable within a fast moving, challenging and deadline driven corporate environment
• Excellent MS-office knowledge especially MS Excel (large data sets, pivot tables, macros etc.) and PowerPoint
• Experience in working effectively with teams based across different geographies and time zones