Senior Financial Analyst

Multimatic; Newmarket; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading manufacturing firm in Ontario seeks a Senior Financial Analyst to drive financial performance management and operational efficiency. You will handle budgeting, forecasting, and cost accounting, collaborating with plant leadership for actionable insights. Candidates must possess a Bachelor's degree in Accounting or Finance, a CPA designation, and a minimum of 3 years' experience in the manufacturing sector. Proficiency in SAP and advanced Excel skills are essential.

Qualifications

• Minimum 3 years of progressive accounting/financial analysis experience in manufacturing.
• Experience in automotive manufacturing is a strong asset.
• Proven ability to work independently in a deadline-driven environment.

Responsibilities

• Lead financial analysis, budgeting, forecasting, and cost accounting.
• Prepare and present financial reports and variance analyses.
• Collaborate with business managers to develop and improve financial models.

Skills

Cost accounting

Inventory management

Analytical skills

Advanced Excel

Financial modeling

Communication skills

Education

Bachelor’s degree in Accounting, Finance, or related field

CPA designation

Tools

SAP

ERP systems

Job description

Overview

The Senior Financial Analyst is a key contributor to strategic planning, financial performance management, and operational efficiency in a manufacturing environment. This role leads financial analysis, budgeting, forecasting, cost accounting, and inventory management, while supporting plant leadership with actionable insights. The analyst oversees financial operations for assigned projects and drives continuous improvement through data-driven decision-making. This position is located in Markham, ON.

Responsibilities

• Collaborate with business managers to develop, maintain, and improve financial models, forecasts, and budgets for assigned projects.
• Manage critical accounting processes including inventory management, cost accounting, revenue recognition, warranty accounting, and compliance with relevant accounting standards.
• Analyze project costs, identify cost drivers, track actual vs. standard costs, and recommend opportunities for cost reduction and productivity improvements.
• Prepare and present detailed financial reports, performance metrics, and variance analyses to plant leadership and corporate stakeholders (e.g., OFI, inventory commentary, and Controller's comments).
• Review profit & loss (P&L) statements and conduct variance analysis.
• Analyze short- and long-term cash flows and evaluate financial performance.
• Support plant performance improvement initiatives by providing actionable financial insights.
• Oversee the complete fixed asset lifecycle, including acquisition tracking, depreciation management, and disposals.
• Maintain and reconcile the general ledger, ensuring compliance with financial policies and regulatory requirements.
• Assist in preparing year-end audit packages.
• Collaborate with other finance departments across the organization to improve financial transparency and streamline processes.
• Work cross-functionally with various finance teams and departments to support business operations.
• Develop and analyze ad hoc financial reports as required by management.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field; CPA designation required.
• Minimum 3 years of progressive accounting / financial analysis experience in a manufacturing environment; experience in automotive manufacturing is a strong asset.
• Strong knowledge of cost accounting, inventory management, standard costing, and financial controls.
• Advanced Excel skills (financial modeling, pivot tables, lookups, etc.); experience with SAP or equivalent ERP systems required.
• Excellent analytical, problem-solving, and organizational skills.
• Strong written and verbal communication skills, with the ability to collaborate effectively across departments and levels of the organization.
• Proven ability to work independently, manage multiple priorities, and deliver results in a deadline-driven environment.

We thank all interested candidates in advance; however, only individuals selected for interviews will be contacted. 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.