Senior Financial Analyst - Project

Seaspan ULC; North Vancouver; Hybrid; CAD 112,000 - 138,000; Full time

Job summary

A leading company in the shipbuilding industry is seeking a Senior Financial Analyst to support their New Construction program. The role involves financial modeling, reporting, and analysis to guide project financial decisions. The ideal candidate will have strong analytical skills and experience in project accounting, along with a commitment to clear communication and teamwork. This full-time position offers competitive compensation and benefits, including health and wellness packages.

Benefits

Annual bonus

Pension plan matching

Health and wellness benefits

Employee Family Assistance Program

Personal spending account

Qualifications

• 8+ years of relevant experience with minimum 4 years in operational/project role.
• Advanced knowledge of Excel and proficient in other MS Office tools.

Responsibilities

• Support project financials and ensure accurate forecasting.
• Analyze project variances and provide explanations.
• Implement internal controls for revenue recognition.

Skills

Analytical Skills

Communication

Problem Solving

Attention to Detail

Negotiating

Education

Undergraduate degree in Business or Finance

Professional accounting designation

Tools

Excel

MS Office

Oracle PPM

Job description

Join to apply for the Senior Financial Analyst - Project role at Seaspan ULC

Join to apply for the Senior Financial Analyst - Project role at Seaspan ULC

Job Description

The Senior Financial Analyst position plays an integral role in supporting the government New Construction program. This role includes assisting in modelling of various project scenarios, report creation, and analyzing job cost reporting data. The Senior Financial Analyst must have knowledge of analysis from a qualitative and quantitative perspective and an understanding of contractual agreements and financial governance. The role is vital in supporting the project team in understanding the financial results, forecasting the project profit and loss, conducting variance analysis, financial impacts assessments of contract terms and conditions, and other value-added analytics. Providing recommendations through clear communication and explanation of results is critical to this position.

Job Description

The Senior Financial Analyst position plays an integral role in supporting the government New Construction program. This role includes assisting in modelling of various project scenarios, report creation, and analyzing job cost reporting data. The Senior Financial Analyst must have knowledge of analysis from a qualitative and quantitative perspective and an understanding of contractual agreements and financial governance. The role is vital in supporting the project team in understanding the financial results, forecasting the project profit and loss, conducting variance analysis, financial impacts assessments of contract terms and conditions, and other value-added analytics. Providing recommendations through clear communication and explanation of results is critical to this position.

Note: This position qualifies for an optional hybrid work schedule after 90 days of onsite work and onboarding. Employee will be subject to the terms of the Flexible Work Policy Agreement.

What You’ll Do

• Work as a business partner to the Program Management to ensure project financials are a useful tool for the team to make business decisions accordingly.
• Works with the project team to create, maintain and present an accurate Estimate to Complete (EAC) while understanding the financial impacts of all project activity through reviews and discussions with the project team.
• Deliver a project forecast in accordance with policies and working with the project team to develop accurate forecasts. Review and analyzes project variances between forecast and actuals and provides explanations for a broader audience.
• Develop, maintain, and distribute ad-hoc reports and financial models as needed.
• Attend and add value to project review meetings with the project teams by communicating financial impacts of current operations and forecasted costs.
• Review and understand the terms and conditions of contracts and apply the knowledge to the project financials including the change order process, billing process and the operational instances which impact the profit and loss of a project.
• Review subcontracts and/or related documents and advise on contract deviations that may impact the Seaspan’s financial liabilities. Prepare finance review memo as required.
• Review change orders and amendments to the prime contract and subcontracts. Adhere to budgetary controls in place.
• Implement and maintain sound internal controls for the projects including revenue recognition and reporting of profit and loss.
• Develop and/or maintain detailed process and procedure documentation. Drive process improvement and policy development initiatives that impact the function.
• Review subcontractor progress and costs for accurate accruals in revenue and costs.
• Create journal entries for accounting accruals and analyzes support for accuracy and timeliness. Ensure month-end close is accurate and timely to meet reporting deadlines.
• Assist in annual audit and preparation of any accounting memo as required.
• Other duties as assigned.
  
  
  

What You’ll Bring

• Undergraduate degree in Business or Finance.
• Professional accounting designation or in the process of completing.
• 8+ years of relevant experience with minimum 4 years experience in operational/project role.
• Advanced knowledge of Excel and proficient in other MS Office tools (Word/Outlook/PowerPoint).
• Experience in project accounting and firm knowledge of IFRS and ASPE in regard to revenue recognition.
• Understanding of enterprise resource planning (ERP) systems and/or in-depth knowledge of big data and data analytical systems.
• Knowledge of Oracle PPM is a plus.
• Ability to create program metrics utilizing Business Intelligence query reports is a plus.
• Excellent presentation and reporting skills, including the ability to communicate with others with tact and diplomacy.
• Strong attention to detail, problem solving, negotiating and analytical skills.
• Ability to work well under pressure while being adaptable and open-minded to change and improvements.
• Customer service orientation, self-starter and initiative driven. Ability to work within a team but also independently to address complex situation.
• Strong influencing and communication skills.
• Ability to manage multiple tasks and strong initiative and follow through skills.
  
  
  

Why you’ll love working here

• This is a full-time, permanent position. With multiple operations and long-term projects, Seaspan employees enjoy job stability as we look ahead to build ships for decades to come.
• In addition to an annual bonus and pension plan matching, this role provides you a very competitive salary in line with the successful candidate’s experience.
• We also provide the best-in-class health and wellness benefits package for this position, including things such as extended health care (i.e. paramedical services for massage therapy, speech therapy, mental health coverage, physiotherapy, and more), dental care, vision care, life insurance, medical leave coverage, parental leave coverage, childcare benefit partnership, $500 personal spending account, and an Employee Family Assistance Program (EFAP).
  
  
  

The estimated salary for this position is $112,500-$137,500. In determining final salary, Seaspan considers many factors including the successful Candidate’s skillset and experience as well as position location and internal equity. The final base salary offer will be at the Company’s sole discretion and presented as part of a competitive total compensation package.

About Us

Seaspan Shipyards is one of North America’s most modern shipyards and unique in its ability to provide a complete range of services including new construction, conversion, refit, repair and life-cycle maintenance work for Canada’s Coast Guard and Navy as well as commercial vessels including cruise-ships and deep-sea vessels. Seaspan Shipyards operations include Vancouver Shipyards, Vancouver Drydock and Victoria Shipyards.

To learn more, visit our website: www.seaspan.com

This position may involve defense articles and/or technical data regulated by the U.S. International Traffic in Arms Regulations (“ITAR”) and the U.S. Arms Export Control Act. In compliance with ITAR, the successful candidate will be subject to a security clearance through the Canadian Controlled Goods Program as regulated by the Controlled Goods Regulations and Defense Production Act. The successful candidate will be required to maintain their security clearance throughout their employment in this position.

Seaspan is committed to Employment Equity, supports diversity in the workplace, and encourages applications from all qualified individuals including, women, members of visible minorities, Indigenous persons, and persons with disabilities. Furthermore, we are committed to providing an inclusive and accessible environment. If you require accommodation during the recruitment process, please let us know, and we will work with you to support your request.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Shipbuilding

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