Strategic Cost Analyst for Manufacturing & Productivity

Thermon; Central Ontario; On-site; CAD 70,000 - 110,000; Full time

Job summary

Thermon, a global leader in industrial process heating, is seeking a Cost Analyst in Orillia, Ontario. You will partner with Plant Managers, Operations Leaders, and finance teams to deliver cost analysis, reporting, and productivity project support for manufacturing operations, driving data-driven cost improvement and productivity initiatives.

You will analyze direct and indirect costs, support cost modeling within ERP, and evaluate capital investments while maintaining costing assumptions and

Qualifications

• 3–7 years FP&A or manufacturing finance experience.
• Experience in industrial/manufacturing environments.
• Experience collaborating with operations, supply chain, and engineering.
• Strong Excel and financial modeling skills.

Responsibilities

• Analyze labor, material, and overhead spending trends.
• Monitor productivity, absorption, efficiency, scrap, yield, and throughput.
• Prepare benchmarking analyses across value streams within the assigned facilities and operations.
• Perform variance analysis and identify root causes of significant cost fluctuations.
• Provide recommendations to improve operational and financial performance.
• Support monthly plant performance reviews through preparation of operational and financial metrics.

Skills

Data analysis

Cross-functional collaboration

Financial modeling

Problem solving

Education

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

Tools

Power BI

Microsoft D365

Excel

Job description

Thermon, a global leader in industrial process heating, is seeking a Cost Analyst in Orillia, Ontario. You will partner with Plant Managers, Operations Leaders, and finance teams to deliver cost analysis, reporting, and productivity project support for manufacturing operations, driving data-driven cost improvement and productivity initiatives.

You will analyze direct and indirect costs, support cost modeling within ERP, and evaluate capital investments while maintaining costing assumptions and