Financial Analyst

Quantum Management Services Ltd.; Toronto; Hybrid; CAD 88,000 - 94,000; Full time

Benefits offered by this job

Comprehensive remuneration package

Job summary

A leading recruitment firm in Canada is seeking a Financial Analyst to support financial operations in a manufacturing plant. The ideal candidate will have over 5 years of experience in financial analysis and month-end close procedures, along with a strong understanding of finance. This hybrid role offers competitive salary and a comprehensive benefits package, requiring excellent analytical, communication skills, and proficiency in Microsoft Excel. Interested candidates should apply via email.

Qualifications

• 5+ years of relevant experience in financial analysis.
• Experience with month-end close in a manufacturing setting.
• Strong knowledge of Microsoft Excel and MS Office.

Responsibilities

• Monitor job costs and ensure accurate processing.
• Perform monthly cost analyses and inventory reporting.
• Prepare month-end financial entries and conduct reporting.

Skills

Financial analysis

Inventory reporting

Cost analysis

Microsoft Excel

Problem-solving skills

Education

Bachelor's degree in Accounting or Finance

CPA designation

Tools

Microsoft Dynamics AX

Job description

Overview

Position: Financial Analyst

Location: Etobicoke, hybrid 4 days in office potentially 5 days

Salary: $88K-$94K with benefits

Posting Type: Open vacancy

Do you enjoy lots of scope to your role working with finance, analysis and costing in manufacturing?

Our client, a leader in their field is seeking a Financial Analyst to support the Canadian Controller in managing the overall financial operations of a manufacturing plant.

This role works closely with plant operations and management and plays a key role in monitoring cost performance to assess data accuracy, production efficiency, and profitability.

The Financial Analyst will ensure a timely and accurate month-end close by performing key accounting duties and maintaining the accuracy of financial transactions. The role also involves preparing month-end financial entries, conducting monthly and quarterly reporting and financial statement analysis, and partnering with the Canadian Controller and Director of Finance to review and present results to management.

In addition, the Financial Analyst will support operating budget preparation, analyze actual-to-budget variances, respond to senior management inquiries, complete special projects, and help maintain internal controls in accordance with group accounting policies and internal control frameworks.

Responsibilities

• Coordinating and monitoring job costs to ensure accurate transactional processing
• Performing monthly cost analysis (labour efficiencies, cost variances, etc.)
• Inventory reporting and analysis to improve quality and increase inventory turns
• Monitoring completed jobs to identify input errors and anomalies through variance analysis
• Identifying and explaining causes of variances
• Balancing intercompany accounts
• Performing inventory adjustments as required
• Reconciliating all balance sheet accounts on a monthly basis
• Completing tasks outlined in the monthly close checklist (journal entries, etc.)
• Responding to audit inquiries and documentation requests
• Identifying and implementing process improvements
• Executing other duties as required

Qualifications

• Bachelor's degree in Accounting or Finance (CPA designation is an asset)
• Minimum of 5+ years of relevant experience
• Prior experience with month-end close and financial analysis
• Manufacturing industry experience
• Strong working knowledge of Microsoft Excel and other MS Office applications
• Experience with Microsoft Dynamics AX is an asset but not required

Candidate Profile

• Strong work ethic with a positive, collaborative team attitude
• High level of integrity, confidentiality, and accountability
• Strong problem-solving skills and ability to make sound decisions
• Excellent analytical, planning, prioritization, and execution skills
• Strong written and verbal communication skills
• Well-organized with strong time management and prioritization abilities
• Ability to meet deadlines and work effectively under pressure
• Comfortable working both independently and as part of a team
• Strong attention to detail in all areas of work

Our client offers a full comprehensive remuneration package and if interested please email ASAP [e-mail].

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