Senior Financial Analyst

Toromont Cat; Vaughan; Hybrid; CAD 70,000 - 87,000; Full time

Job summary

Toromont Material Handling Senior Financial Analyst position in Canada offers a blend of financial stewardship and strategic business partnership across our equipment and service portfolio. You will develop monthly KPI packages, support monthly closes, and analyze performance to drive profitability.

The role emphasizes cross-functional collaboration with operational leaders, data analytics, and the creation of forecasting models to support long-range planning.

Qualifications

• Bachelor's degree required in related field.
• 3–5 years of progressive experience in Finance, FP&A, Accounting, or Business Analysis.
• CPA designation or active enrollment is an asset.
• Strong analytical, problem-solving, and financial modeling skills.
• Advanced Microsoft Excel skills.
• Experience with BI tools, reporting automation, and ERP systems is an asset.
• Ability to communicate financial information to non-financial stakeholders.
• Strong business partnering and relationship-building skills.

Responsibilities

• Prepare monthly KPI packages, management reports, and business performance dashboards.
• Support monthly close activities, including variance analysis and commentary.
• Analyze branch, customer, product line, and operational performance.
• Provide actionable insights and recommendations to improve financial results and business performance.
• Assist management with ad hoc analysis and business case evaluations.
• Develop, maintain, and enhance forecasting models and business-driver assumptions.
• Monitor performance against budgets and forecasts and identify risks and opportunities.
• Support long-range planning and financial modeling initiatives.
• Deliver financial and operational reporting for the assigned portfolio.
• Perform margin analysis, profitability reviews, and trend analysis.
• Support pricing, profitability, and operational improvement initiatives.
• Partner with operational leaders to identify business improvement opportunities and measure outcomes.
• Analyze equipment sales margins and profitability.
• Monitor rental productivity, fleet utilization, and fleet performance metrics.
• Track fleet depreciation trends and used equipment disposition results.
• Support reporting for New Equipment, Used Equipment, and Rental operations.
• Develop dashboards, reporting automation, and analytical tools.
• Improve reporting accuracy, efficiency, and data quality.
• Identify opportunities to streamline reporting processes.
• Participate in continuous improvement and system enhancement initiatives.

Skills

Analytical skills

Problem-solving

Financial modeling

Communication

Business partnering

Relationship building

Education

Bachelor's degree in Accounting, Finance, Economics, Business, or related field

CPA designation or active CPA enrollment

Tools

Microsoft Excel

BI tools

ERP systems

Reporting automation

Job description

The Senior Financial Analyst combines financial stewardship with operational business partnership, supporting the Toromont Material Handling management team. This role provides key financial and operational insights to support decision-making, drive profitability, and improve business performance across one of TMH's core business portfolios.

Depending on business needs, the successful candidate will support either:

• Equipment & Rental Operations, including New Equipment, Used Equipment, and Rental; or
• Parts & Service Operations, including Parts Sales and Service.

The role partners closely with operational leaders to analyze performance, support planning activities, identify improvement opportunities, and deliver meaningful financial reporting.

Pay Type

Full Time, Permanent

Compensation

$69,500 - $ 86,900

The listed wage is just one component of our total rewards package, and eligibility to additional premiums may be available.

As an Senior Financial Analyst, you will experience:

• Working within one of the safest organizations in the industry where your safety and well-being are our most important priority
• Working for the best in class equipment dealer and with the premium Caterpillar brand
• Opportunities to continuously Learn, Grow and Develop with our Toromont team through our internal Training teams that are geared for your success
• Competitive total rewards including: wages, benefits, and premiums (as eligible)

In a typical day, YOU will:

• Prepare monthly KPI packages, management reports, and business performance dashboards.
• Support monthly close activities, including variance analysis and commentary.
• Analyze branch, customer, product line, and operational performance.
• Provide actionable insights and recommendations to improve financial results and business performance.
• Assist management with ad hoc analysis and business case evaluations.

Budgeting & Forecasting

• Support annual budgeting and periodic forecasting processes.
• Develop, maintain, and enhance forecasting models and business-driver assumptions.
• Monitor performance against budgets and forecasts and identify risks and opportunities.
• Support long-range planning and financial modeling initiatives.

Operational Analysis & Business Partnering

• Deliver financial and operational reporting for assigned business portfolio.
• Perform margin analysis, profitability reviews, and trend analysis.
• Support pricing, profitability, and operational improvement initiatives.
• Partner with operational leaders to identify business improvement opportunities and measure outcomes.
• Analyze equipment sales margins and profitability.
• Monitor rental productivity, fleet utilization, and fleet performance metrics.
• Track fleet depreciation trends and used equipment disposition results.
• Support reporting for New Equipment, Used Equipment, and Rental operations.

Parts & Service Portfolio

• Analyze parts and service margins and profitability.
• Track Work-in-Progress (WIP) levels and service performance indicators.
• Monitor technician productivity and operational efficiency metrics.
• Support reporting for Parts and Service operations.

Process Improvement & Data Analytics

• Support development of dashboards, reporting automation, and analytical tools.
• Improve reporting accuracy, efficiency, and data quality.
• Identify opportunities to streamline financial and operational reporting processes.
• Participate in continuous improvement and system enhancement initiatives.

Must have for this role:

• Bachelor's degree in Accounting, Finance, Economics, Business, or a related field.
• 3-5 years of progressive experience in Finance, FP&A, Accounting, or Business Analysis.
• CPA designation or active CPA enrollment is considered an asset.
• Strong analytical, problem-solving, and financial modeling skills.
• Advanced Microsoft Excel skills.
• Experience with BI tools, reporting automation, and ERP systems is an asset.
• Ability to communicate financial information to non-financial stakeholders.
• Strong business partnering and relationship-building skills.

About Toromont Material Handling

Toromont Material Handling, a wholly owned subsidiary of Toromont Industries Ltd., sells, rents and provides after-sales service for the full range of Caterpillar, Mitsubishi, and Jungheinrich forklifts. We are also the authorized exclusive dealer for Kalmar lift trucks and container handlers, AUSA rough-terrain forklifts, Shuttlewagon Rail Car Movers and Hoppecke energy solutions. TMH also offers a full range of racking and storage products, and specialized floor cleaning equipment.

Artificial Intelligence (AI)

Please note that our hiring processes involve the use of artificial intelligence (AI) tools to assist with screening, assessing, or selecting candidates; all final decisions are reviewed by our Talent Acquisition team to ensure fairness and compliance with applicable laws.