Senior Cost Analyst - Manufacturing Finance & Productivity

LifeWorks; Central Ontario; Remote; CAD 95,000 - 125,000; Full time

Job summary

ThermonThermon is seeking a Cost Analyst to support manufacturing cost analysis, reporting, and productivity planning. You will work with Plant Managers, Operations Leaders, Supply Chain, and Product Management to drive cost transparency and data-driven decision making.

The role emphasizes analyzing direct and indirect costs, maintaining product costing in ERP, and evaluating capital investments. Ideal candidates bring strong Excel, ERP, and BI skills and 3–7 years of related experience.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Industrial Engineering, Business Administration, or related field.
• 3–7 years of experience in FP&A, operations finance, manufacturing finance, cost analysis, or financial analysis.
• Experience supporting industrial/manufacturing environments and cross-functional teams.
• Strong understanding of operational performance metrics and data-driven insights.
• Proficiency with ERP systems (preferably Microsoft D365) and Power BI or BI tools.
• Advanced Microsoft Excel and financial modeling capabilities.

Responsibilities

• Analyze labor, material, and overhead spending trends and actuals.
• Monitor productivity, absorption, efficiency, scrap, yield, and throughput metrics.
• Prepare cost benchmarking analyses across value streams and plants.
• Perform variance analysis and identify root causes of cost fluctuations.
• Support cost reduction, productivity, and capital investment analyses.
• Prepare monthly cost performance reports and KPI dashboards.

Skills

Cost analysis

Financial modeling

Data visualization

Presentation

Cross-functional collaboration

Education

Bachelor's degree

Tools

Microsoft D365

Power BI

Excel

Job description

ThermonThermon is seeking a Cost Analyst to support manufacturing cost analysis, reporting, and productivity planning. You will work with Plant Managers, Operations Leaders, Supply Chain, and Product Management to drive cost transparency and data-driven decision making.

The role emphasizes analyzing direct and indirect costs, maintaining product costing in ERP, and evaluating capital investments. Ideal candidates bring strong Excel, ERP, and BI skills and 3–7 years of related experience.